[identity profile] push-stars.livejournal.com posting in [community profile] davis_square
Just to confirm, We vote in the same place we did a few weeks ago right?


It seems like I have been going around rattleing off the wrong figures.

 Is this a bunch of hogwash (click here)?
somehow I got these figures from some other source and have been quoting them only to be pointed the official figures.
Why are these numbers so different than what is officially being reported as our national debt then? Is this just a bunch of spin and have I been making a fool of myself by thinking our debt was closer to 43 trillion?




Date: 2006-11-07 07:23 pm (UTC)
From: [identity profile] badseed1980.livejournal.com
I voted in the same place I did for the primary. If you're not sure where to vote, check http://wheredoivotema.com for a definite answer.

Date: 2006-11-07 08:08 pm (UTC)
From: [identity profile] secretlyironic.livejournal.com
That's not surprising to me. The national debt reflects only our outstanding balances-- not the money we're planning on spending later.

We don't necessarily need to have all that money on hand now-- it's money we haven't borrowed yet and won't for another ten or twenty years-- but its *so much* that it's worrisome, and the total lack of planning for it is more worrisome still.

Those looming obligations are why people keep talking about a need to "reform social security" (i.e. eliminate it) and "cut entitlements" (eliminate medicare, welfare, medicaid). Of course, the big budget items are things like the missile defense system, corporate welfare, agricultural subsidies, and the mortgage tax credit. Good luck with reforming that.

If the Dems take over, we'll see if we can get a slightly simpler tax code, claw back some of the giveaways to the ultra-rich, and reign in the no-bid contracts.

But I doubt we'll ever manage to get rid of the damn corn subsidies or the mortgage tax credit.





Date: 2006-11-07 09:18 pm (UTC)
From: [identity profile] foxalbers.livejournal.com
I would wage war on any politician who dared to even think about taking away my precious mortgage tax deduction (it's definitely not a credit and there is a huge difference).

The mortgage tax deduction could amount to over a thousand dollars per family -- especially in a state like Massachusetts where home prices are through the roof.

And if you really want to get rid of it -- it was the GOP who floated that ill-fated trial balloon, not Democrats.

Date: 2006-11-07 09:12 pm (UTC)
From: [identity profile] skexy.livejournal.com
that all depends on who you're voting for......

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