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Wait until the NJ Supreme court says the state owes 1.6 billion dollars for the education cuts last year. Christie says he'll find the money w/out any increase. He said the aid to towns is in jeopardy and the state gives back the towns 1.4 billion. So lets see what scam the magician comes up with this time as your property taxes skyrocket.
the towns are bloated they dont need any more money to fund blunders like this http://www.co.ocean.nj.us/Transportation//PDFs//Transportation//oc1express.pdf (broken link) and Ocean County Government look at the schedules our tax dollars wasted on crap enjoy ocean county!!!!
the towns are bloated they dont need any more money to fund blunders like this http://www.co.ocean.nj.us/Transportation//PDFs//Transportation//oc1express.pdf (broken link) and Ocean County Government look at the schedules our tax dollars wasted on crap enjoy ocean county!!!!
Can't pay off billions (state) and trillions (federal) in debt without cuts in spending AND raising taxes. The math doesn't work. Thanks for playing.
EBWick is correct.
The idea that merely cutting spending will get us out of our national debt problem is a fable propagated by Grover Norquist and his ilk, and--of course--the Teabaggers. Cutting spending is vital, but unless we also increase the amount of funding going into the US Treasury, it will be impossible to take care of the debt service for this staggering total, the bulk of which was accumulated during the terms of Messrs. Reagan, Bush I and Bush II.
In order for spending cuts to get us out of the hole without raising taxes, it would be necessary to cut federal spending almost to zero. And, while Grover Norquist might like that idea, the reality is that this would drive the economy into the most severe depression imaginable. Federal spending is a significant part of the economy, and without it, many companies would have such a massive reduction in sales that they would wind up laying off a huge percentage of their workers.
Like it or not, the federal government does have to spend money--albeit much less than it currently does. And, since we are simultaneously perhaps the least taxed western nation, as well as one saddled with a massive debt, we do need to increase the amount of tax revenue received by the US Treasury. And, just as this applies to the federal government, it also applies to our own state.
Last edited by Retriever; 04-22-2011 at 10:23 AM..
EBWick is correct.
The idea that merely cutting spending will get us out of our national debt problem is a fable propagated by Grover Norquist and his ilk, and--of course--the Teabaggers. Cutting spending is vital, but unless we also increase the amount of funding going into the US Treasury, it will be impossible to take care of the debt service for this staggering total, the bulk of which was accumulated during the terms of Messrs. Reagan, Bush I and Bush II.
In order for spending cuts to get us out of the hole without raising taxes, it would be necessary to cut federal spending almost to zero. And, while Grover Norquist might like that idea, the reality is that this would drive the economy into the most severe depression imaginable. Federal spending is a significant part of the economy, and without it, many companies would have such a massive reduction in sales that they would wind up laying off a huge percentage of their workers.
Like it or not, the federal government does have to spend money--albeit much less than it currently does. And, since we are simultaneously perhaps the least taxed western nation, as well as one saddled with a massive debt, we do need to increase the amount of tax revenue received by the US Treasury. And, just as this applies to the federal government, it also applies to our own state.
Whenever I hear someone advocate gutting/eliminating government programs for the elderly, poor, and infirm, I think of this quotation from The New Testament:
"Whatsoever you do to the least of my people, that you do unto me." (Matthew 25:40)
During this holiest of seasons for Christians, that thought might be something to contemplate.
Last edited by Retriever; 04-22-2011 at 05:10 PM..
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