The United States federal government is over $$ 22 $$ Trillion $$ Dollars in $$debt. That's almost a $quarter $Million in debt for every U.S. tax payer.
Republicans are strident, tenacious advocates for "tax cuts". BUT !! Republicans are comfortable enough with the government services they receive, they just don't want to pay for them.
True fiscal conservatives may or may not support tax cuts. But fiscal conservatives value balanced budgets, more than one way to get there:
- increase / raise taxes
- cut spending
"When your outgo
exceeds your income
the upshot will be
your downfall."
Paul Harvey
What U.S. President GWB called "tax cuts" were not. They were merely tax deferrals, reducing taxation for current tax payers, leaving the unpaid tax balance to be paid by future tax payers.
Economically there may be some justification for deficit spending.
President Eisenhower supported construction of an InterState highway system in the U.S., inspired by Adolf Hitler's autobahn ("Reichsautobahnen") highway system in Germany.
It might have seemed a bottomless money pit to some, critics and advocates alike acknowledging the $Billions it would cost. BUT !!
"... the American Highway Users Alliance estimates that this project has produced more than $6 in economic benefit for every $1 of construction expense."
That's commonly referred to as "R.O.I." or "return on investment".
Where is the R.O.I. for moon spending $93 $Billion ?
Is NASA's new SLS moon rocket worth the cost? - Space.com
www.space.com/artemis-1-space-launch-system-rocket-cost
According to the report (opens in new tab), NASA will end up spending a total of $93 billion on the Artemis program between 2012 and 2025, and ...
How much longer are we going to continue to spend the grandkid's money on such nonsense as space adventures, skyrocketing our $22 $Trillion U.S. federal debt?
Republicans are strident, tenacious advocates for "tax cuts". BUT !! Republicans are comfortable enough with the government services they receive, they just don't want to pay for them.
True fiscal conservatives may or may not support tax cuts. But fiscal conservatives value balanced budgets, more than one way to get there:
- increase / raise taxes
- cut spending
"When your outgo
exceeds your income
the upshot will be
your downfall."
Paul Harvey
What U.S. President GWB called "tax cuts" were not. They were merely tax deferrals, reducing taxation for current tax payers, leaving the unpaid tax balance to be paid by future tax payers.
Economically there may be some justification for deficit spending.
President Eisenhower supported construction of an InterState highway system in the U.S., inspired by Adolf Hitler's autobahn ("Reichsautobahnen") highway system in Germany.
It might have seemed a bottomless money pit to some, critics and advocates alike acknowledging the $Billions it would cost. BUT !!
"... the American Highway Users Alliance estimates that this project has produced more than $6 in economic benefit for every $1 of construction expense."
That's commonly referred to as "R.O.I." or "return on investment".
Where is the R.O.I. for moon spending $93 $Billion ?
Is NASA's new SLS moon rocket worth the cost? - Space.com
www.space.com/artemis-1-space-launch-system-rocket-cost
According to the report (opens in new tab), NASA will end up spending a total of $93 billion on the Artemis program between 2012 and 2025, and ...
How much longer are we going to continue to spend the grandkid's money on such nonsense as space adventures, skyrocketing our $22 $Trillion U.S. federal debt?