It’s the season of the political pander. It seems worst on the right. Just vote for me for president, and I will make your dreams come true. Lots of benefits, low taxes, large military, many services, little government. It’s magic!
It probably comes as no surprise that a Democrat like Hillary Clinton doesn’t want to talk about how she’s going to pay for all the goodies she says she wants Americans to have. After all, she claims to be a friend of the middle class, and her Wall Street friends probably wouldn’t like new levies on their earnings.
Yet the Republicans are no more courageous. Donald Trump says he represents the disenfranchised masses. So he has defended programs like Social Security without explaining how he would sustain the underfunded system. His more mainstream opponents laud smaller government and criticize high taxes, while advocating ever higher military outlays without detailing what domestic spending programs they would cut. No wonder America faces some $200 trillion in unfunded liabilities.
But the bad news starts now. In January the Congressional Budget Office issued its latest report on the federal budget, warning that the deficit is set to grow from $439 billion last year to $544 billion in 2016. Future increases will be steady. By 2026 the deficit will be $1.37 trillion. The cumulative deficit over the next decade will be $9.4 trillion.
http://spectator.org/articles/65302/better-be-governed-honest-socialist-dishonest-conservative
It probably comes as no surprise that a Democrat like Hillary Clinton doesn’t want to talk about how she’s going to pay for all the goodies she says she wants Americans to have. After all, she claims to be a friend of the middle class, and her Wall Street friends probably wouldn’t like new levies on their earnings.
Yet the Republicans are no more courageous. Donald Trump says he represents the disenfranchised masses. So he has defended programs like Social Security without explaining how he would sustain the underfunded system. His more mainstream opponents laud smaller government and criticize high taxes, while advocating ever higher military outlays without detailing what domestic spending programs they would cut. No wonder America faces some $200 trillion in unfunded liabilities.
But the bad news starts now. In January the Congressional Budget Office issued its latest report on the federal budget, warning that the deficit is set to grow from $439 billion last year to $544 billion in 2016. Future increases will be steady. By 2026 the deficit will be $1.37 trillion. The cumulative deficit over the next decade will be $9.4 trillion.
http://spectator.org/articles/65302/better-be-governed-honest-socialist-dishonest-conservative
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