Aug 10th 2012, 1:54:15
Not that this is a reason to necessarily vote for Pres. Obama, but if either candidate is going to take on the debt and the big entitlements in the next four years, I'd put money on Pres. Obama having a much better chance simply because I think it's really hard to try to push through, for instance, Social Security reform if you know you've got another election coming.
However, the same could be said for Romney in 2016 were he to win in November as opposed to whoever would run for the Democrats then.
I'm torn on how to handle the debt. On one hand, I feel it's better to spend short-term and help stimulate the economy (if it can be done more effectively than the previous stimulus was), which could also help rebuild a lot of the infrastructure of the country.
On the other side, there's the "you never want a serious crisis to go to waste" ideology. If we don't deal with the deficit now and we spend our way out, if things get better and we, hypothetically had a 5%+ GDP growth year and tax revenues went up and everything started looking peachy again, would the general public forget about the deficit and bristle at entitlement reform?
I'm definitely someone who's torn on these issues, because ultimately, I'm not against government being used as a tool to try to help out those who need it. There's always abuse of this, and of course that abuse should be punished when it's found, but I'm okay with the idea that some people are receiving benefits for sitting around doing nothing when they could while I work for my income and don't do much better than they do collecting, because I assume more people that really need the help are helped than the abuse.
At the same time, when you see those individual cases, it is infuriating, and for that matter, without significant and consistent growth of our GDP, I just don't see how the big three of Social Security, Medicare and Medicaid can continue on as they are, and that's before you look at programs like welfare and all the other silly programs out there.
The only time I really get irritated about cuts is when they're obviously politically motivated and that they're not really about helping the deficit. I think it might have been Rand Paul, but someone went after NPR and PBS a year or two ago because they believed taxpayers shouldn't be paying for such things. If THAT'S the first cut you're making, you're not trying to work on the deficit. You're trying to shut down the funding for two stations are primarily left-leaning when it comes to political programming. If those cuts were suggested AFTER other bigger cuts, I'd give the person far more credit.
Anyway, I'm not even sure I'm talking about whatever I started talking about now, and this is probably pretty long now, so I should probably just hit "Submit Message" and move on.