Tuesday, April 12, 2011

In Rebuttal to: Debit Ceiling - John Feehery

In rebuttal to Debt Ceiling as posted by John Feehery's: The Feehery Theory...

Mr. Feehery, please be kind enough to show me where entitlement spending is driving the deficit to the point where they, entitlements, need to be cut – your opinion is acceptable, but it is not truthful! Entitlement spending is less than fifteen percent of discretionary spending - twelve percent of GDP, whichever you want to use as a gauge.

We just added a few months ago… 1.4 trillion over the next two years to the deficit with gifts to the rich via an extension of the Bush Tax Cuts. Entitlement spending is in the millions per year.

When you consider that those tax cuts which began in 2000 - cumulatively adding them over a ten year period, we will have added 7 trillion dollars to the deficit using the supposition that these taxes cuts will generate jobs – which they have not!

The other area that is contestable are the tax cuts given to big business and the oil industry. Lobbyists have made it possible for big business to effectively use aggressive tax strategies to avoid paying their fair share of the tax burden. The aggravation comes when ‘some’ individuals falsely believe that these strategies should be allowed to continue at the expense of entitlements for the disenfranchised lower income and destitute, by removing entitlements as a direct cause of the deficit! That is a bald-faced lie!

I noticed that you conveniently forgot to make the point that the war in Iraq alone cost nine billion per month as estimated by the CBO -http://usgovinfo.about.com/library/weekly/aairaqwarcost.htm. That war, based on lies – a well-thought out strategy, I might mentioned - added far more to the deficit than any other factor in the era of misguided spending, but you don’t mention it because it would disrupt the context of your entire opinion…

The first and only thing that will truly reduce spending and reduce the deficit is the telling of the truth by all parties – all of them, because the Tea Partied Republican Party is still being less than truth and the Democrats are capitulating at the slightest hint of confrontation. 

Seniors and the disenfranchised don’t have a lobbyist to speak for them on Capitol Hill and that is unfortunate

In a democracy, silence is not golden; it is condonance in the face of injustices; it is fear, where the thought of reprisal fosters control – Rodney A. Davis

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