poindexter said:
This issue touches on what I have always thought.
I watch some very intelligent people on this board spend hours, days, months obsessing over these presidential candidates, and I think, "why?". Why do they do it? Our elected leaders don't come close to addressing the real problems that affect America.
I happen to dwell on the country's deficit. To me, there is no greater threat to America's future. There is not a candidate who addresses this issue in any serious way. Because serious means actually cutting spending. Our current president doesn't address the deficit except to grow it, and it doesn't produce anything more than crickets from any politician in the country.
It's hopeless, as far as I am concerned. Hillary, Obama, McCain, it doesn't matter. Same ****, different suit. It's all a game. We, the people, lose in the end.
Good Discussion point.Agree that it's underdiscussed. Most are surprised when they really look at Federal Budget in total. Where would you cut? Would you raise taxes? Here is 2006 Budget summary:
Estimated receipts for fiscal year 2006 are $2.2 trillion. This expected income is broken down by the following sources:
$966.9 billion (44.4%) - Individual income tax
$818.8 billion (37.6%) - Social Security and other payroll taxes
$220.3 billion (10.1%) - Corporate income tax
$75.6 billion (3.5%) - Excise taxes
$26.1 billion (1.2%) - Estate and gift taxes
$28.3 billion (1.3%) - Customs duties
$41.6 billion (1.9%) - Other
[edit] Total Spending
The President's budget for 2006 totals $2.7 trillion. This budget request is broken down by the following expenditures:
$544.8 billion (20.90%) - Social Security
$512.1 billion (18.00%) - Defense
$359.5 billion (13.79%) - Unemployment and welfare
$345.7 billion (13.26%) - Medicare
$268.4 billion (10.30%) - Medicaid and other health related
$211.1 billion (8.10%) - Interest on debt
$88.7 billion (3.40%) - Education and training
$70.7 billion (2.71%) - Transportation
$68.4 billion (2.62%) - Veterans' benefits
$43.1 billion (1.65%) - Administration of justice
$38.4 billion (1.47%) - Foreign affairs
$31.2 billion (1.20%) - Natural resources and environment
$26.0 billion (1.00%) - Agriculture
$24.0 billion (0.92%) - Science and technology
$19.1 billion (0.73%) - Community and regional development
$17.8 billion (0.68%) - General government
$23.4 billion - Energy