I know. And if we add universal health care as a third entitlement, as well as stuff like cap and trade (which is basically going to be a consumer tax in disguise), I just don't know how the hell we're going to pay for this as a country without raising taxes significantly in the future.
That's why I get annoyed with the people who act like the protesters are idiots and say things like "Obama just cut taxes for everyone with his tax credit, morons!" Sure taxes aren't bad now, but there's no way that only a very small percentage of rich people (the $250,000 + crowd) are going to be able to pay off all of this debt we're running up. Taxes are going to eventually have to go up for everyone to pay for all of this stuff.
I want people to be taken care of, I really do, but I really don't understand how the hell we're going to pay for all of this stuff without crippling the economy or putting a huge debt burden on our kids.
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Date: 2009-04-18 11:39 am (UTC)That's why I get annoyed with the people who act like the protesters are idiots and say things like "Obama just cut taxes for everyone with his tax credit, morons!" Sure taxes aren't bad now, but there's no way that only a very small percentage of rich people (the $250,000 + crowd) are going to be able to pay off all of this debt we're running up. Taxes are going to eventually have to go up for everyone to pay for all of this stuff.
I want people to be taken care of, I really do, but I really don't understand how the hell we're going to pay for all of this stuff without crippling the economy or putting a huge debt burden on our kids.