Re: “Trump’s ‘Golden Dome’ Missile Shield Expected To Cost $500 Billion”

On Mon, 2 Jun 2025 18:16:04 -0400, William Hyde <wthyde1953@gmail.com>
wrote:

Lynn McGuire wrote:

On 5/30/2025 11:32 AM, Paul S Person wrote:

>

 
Many people of gone through the numbers, taking every penny of the rich
will not be even close to fixing the USA debt.
 
The only way to fix the debt problem through taxes is to tax the middle
class to death.  And the uniparty is rightfully scared to do so.

>
In 1993 the Canadian federal government debt was 12.2 percent of GDP.
The net government debt was far worse, as our provinces were far deeper
in debt than your states are allowed to be.
>
The currency was so weak we began to call it the "Zloty".
>
The Liberal government eliminated the debt in five years, and we had
surpluses up to the Wall Street crimes of 2009.
>
This was done with some tax hikes, some spending cuts, many spending
freezes, and a growing economy.  There were protests, of course, there
was anger.  But it happened and the Liberals remained in power for
twelve years.
>
Currently the US federal deficit is about 15% of GDP, but your states
are in much better shape than our provinces were.  And while we couldn't
squeeze much out of defense cuts you can cut tens of billions and it
will just be a pinprick.
>
You can beat this without an apocalypse, without firing the people in
charge of your nuclear weapons, without cutting off HIV meds to hundreds
of thousands of poor people, without even taxing the rich a whole lot more.
>
You need time, a growing economy, some fiscal restraint, some tax
increases.  And patience.
>
If you do this, you'll wonder what all the fuss was about.
>
Though certain writers will need to find a different theme.

But neither major Party is interested. That sort of thing just isn't
sexy enough.

Our problems run much deeper than mere economics.
--
"Here lies the Tuscan poet Aretino,
Who evil spoke of everyone but God,
Giving as his excuse, 'I never knew him.'"