http://www.outsidethebeltway.com/archives/the_budget_deficit/ Online Journal of Politics and Foreign Affairs Sat, 22 Nov 2008 17:29:25 +0000 http://wordpress.org/?v=2.6.2 http://www.outsidethebeltway.com/archives/the_budget_deficit/#comment-155086 Paul Fri, 14 Sep 2007 01:21:06 +0000 http://www.outsidethebeltway.com/archives/2007/09/the_budget_deficit/#comment-155086 Your analysis is all too short term. We should be running huge surpluses right now to stash away for all the entitlement spending on boomers that we won't have the guts (or votes) to deny them. That we are not taxing the heck out of boomers in the last, best years of their income producing lives is one of the great mistakes in US history, one that we could only correct by big changes to Medicare now before it is too late. I'd prefer low taxes and lower entitlements but if six years of GOP President and Congress only made that worse (see drug bill), how is that going to ever happen? Your analysis is all too short term. We should be running huge surpluses right now to stash away for all the entitlement spending on boomers that we won't have the guts (or votes) to deny them. That we are not taxing the heck out of boomers in the last, best years of their income producing lives is one of the great mistakes in US history, one that we could only correct by big changes to Medicare now before it is too late. I'd prefer low taxes and lower entitlements but if six years of GOP President and Congress only made that worse (see drug bill), how is that going to ever happen?

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