Study: Public Sees Both Parties Cutting Deficits The Wrong Way

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    Mar 03, 2011 11:25 PM GMT
    ".If the public actually set the public agenda, we'd be cutting the deficit much differently than either the Democrats or the Republicans are proposing to do it. ...

    While the details vary, the White House and Republican leaders both basically want to reduce the deficit by cutting social programs, preserving defense spending and raising taxes relatively little or not at all.

    The public, by contrast, would do it primarily by cutting defense spending and imposing significantly higher and more progressive taxes on the rich -- while at the same time dramatically increasing spending in such areas as job training, higher education and humanitarian aid.

    In other words, the public takes a considerably more humane view of spending than either party, is considerably less beholden to the military-industrial complex, and doesn't seem to care if the super-rich get a bit offended.

    The study was the combined effort of a think tank, the Program for Public Consultation, and the polling firm Knowledge Networks. They presented an elaborate questionnaire to more than 2,000 respondents.

    Given the goal of cutting the deficit, the average Americans did the job -- cutting it way more deeply, in fact, than either the Democratic or Republican proposals call for.

    Ironically, the political subgroup that did the worst job was the slice of respondents who identified themselves as Tea Party sympathizers. They were the least likely to raise taxes and also the least likely, when faced with actual programs, to make cuts. ..."

    http://www.huffingtonpost.com/2011/03/03/deficit-public-sentiment_n_830986.html
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    Mar 04, 2011 2:42 AM GMT
    southbeach1500 saidThe real problem isn't the deficit, it's the debt ($14.2 Trillion).

    Nobody has any plan (or intention) of paying down the debt.

    If we (the public and our elected reps) were serious about this, we would immediately end deficit spending beginning in the fiscal year starting October 1, 2011 and establish a schedule of debt payments for the next 25 years to bring the debt down to zero.


    Sure. And raise the appropriate taxes to fund the operating budget of the government (sans all the waste and subsidies to oil companies) as well as a tax or surtax to pay down the deficit set to expire when it's paid.

    Sounds like a plan.
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    Mar 04, 2011 2:46 AM GMT
    How about we just start cutting the defense budget like people want. We could get rid of some of these generals who commute via helicopter all over DC and the ones who plan wars with no contigency plan for if the enemy shoots back!