There’s probably more to it than I read, but when I read about it, I thought the proposals sounded reasonable and would go a long way toward getting us out of the ugly mess we’re in. We’re going to roll back the tax cuts that have been in place for a decade. Taxes should not have been cut while we were at war, anyway! Why is that bad? When I was young I remember my father said he paid 50% in taxes; so he must have made close to $300,000. (He was a Madison Avenue Executive) In 1955 People making over $3 million paid 91%. That’s way higher than anything anyone pays nowadays. Today our highest tax rate is 35%. If Bill O’Rielly wants rollbacks to the 1950s that’s what he’ll get – really high taxes. So good old Bill pays 35% and would rather pay 91%? And hey, Bill, nobody had a life like the Cleavers, in fact, in real life “the Beave” was badly abused.
The only part of the proposal I have a problem with is Medicare. Many seniors and disabled persons and the healthcare system as a whole, depend on Medicare.
More cuts, especially to the space program, are required. (Space travel is impossible because space is a vacuum. I’ll explain that in another post.) I would like someone to explain to me where the money for the space program really went? I’ll bet that would pay for Medicare.
So, the way I think of it is, if the economic train we’re on barrels ahead it will go off the cliff into the unknown. If we stop the train by taking no action at least we’ll stop in territory we have known. A territory of higher taxes and fewer government services.
As for keeping social programs. Without social programs, good people will be forced to steal to feed their families and pay their medical bills. The jails are already brimming to overflowing with black pot smokers. The principal reason people file for bankruptcy in this country is insurmountable medical bills. In my opinion, people who are against universal healthcare, want poor people to die. Social programs are necessary because without them we’ll be stuck inside a terrifying, endless performance of Les Miserables.