Leaderboard

The national debt is the result of a more than a decade of 'trickle down' not stimulating the econonmy as well as continuing to put major expenditures on the national credit card rather than on a pay as you go system. The tax cuts put through in the early Bush years (and Regan years) resulted in exactly what the neo-cons wanted; a starving of the government until the burden of debt forced the cuts in the social safety net that they wanted, which is now coming to pass. Either we, in the 90% (last time I checked I wasn't in the top 10 or even 20% even though I do have more net wealth than most in my income level) make up for the inequities passed 10 years ago by passing higher taxes as well as budget cuts to get the system back on track, or we in the 90% will suffer like hasn't happened since the Great Depression. Unfortunately, most of what passes for 'education' on tax matters is dictated by those who benefit, and geared towards hoodwinking those who will suffer. See 'tea party'. Since when did education & intellect (read 'elite' by the mass right wing media) become a dirty word?