The last two weeks, all I have heard about is how the Administration is going to make some cuts here and there in order to bring down the deficit a bit. I have also heard in the Lazy Media about how the Republicans will cut through all of the programs that their corporate masters their ultra-right wing constituency they feel needs to be cut in order to bring down the deficit.
However, why hasn't anyone in the Lazy Media or the Washingtonian Punditocracy spoken a word about the fact that the tax rate structure in place is the lowest it has ever been, courtesy of the Reagan Revolution, and tax revenues are the lowest ever, as well? Since we have already cut a lot of programs in the National Budget as low as they can humanely go, why is the talk of ratcheting up the tax rates on higher incomes non-existent?
My take on why the National Republicans are focusing on the National Debt has more to do with the fact that they do not want attention placed on the fact that their version of economics has stuffed the Social Security Lockbox with nothing but IOUs that will start to become due fairly soon. Since their usual policy agenda is nothing but fear and diversion, I can understand why they want to focus on cutting things like Social Security, Welfare, Medicare/Medicaid and other programs which, in their misguided belief, create a parasitic nature to those on those programs.
Why, though, are the National Democrats not speaking on a daily basis about the fact that the Tax Structure put in place under The Voodoo Economic Reagan Administration done nothing but lower the tax revenue coming in but done nothing about the billions of dollars wasted spent on National Defense boondoggles projects?