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The Water Cooler
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America has an economy converging rapidly on full employment?
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<blockquote data-quote="ronny" data-source="post: 2682864" data-attributes="member: 8853"><p>Due to my lack of clarity, you probably misinterpreted what I was attempting to say. Assuming that what I said here: "The latter is not gonna happen as long as there are millions of non-taxpayers feeding at the trough" is tantamount to not being able to reduce spending, then taxation is our only viable recourse. And, let's face it, all other spending is pissing in the wind compared to the "trough". And, who do you know who is gonna attach their name (and party) to cutting benefits? Only when it gets to the life-threatening stage for the nation is it likely to take place.</p><p></p><p>We're getting near the point where more people are on some sort of dole than not. Any way you cut it, those folks are not likely to vote for a cut in their "income".</p></blockquote><p></p>
[QUOTE="ronny, post: 2682864, member: 8853"] Due to my lack of clarity, you probably misinterpreted what I was attempting to say. Assuming that what I said here: "The latter is not gonna happen as long as there are millions of non-taxpayers feeding at the trough" is tantamount to not being able to reduce spending, then taxation is our only viable recourse. And, let's face it, all other spending is pissing in the wind compared to the "trough". And, who do you know who is gonna attach their name (and party) to cutting benefits? Only when it gets to the life-threatening stage for the nation is it likely to take place. We're getting near the point where more people are on some sort of dole than not. Any way you cut it, those folks are not likely to vote for a cut in their "income". [/QUOTE]
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