Post by jeffolie on Jul 5, 2012 16:04:09 GMT -6
Cuts wanted...no where in particular
Romney may dance around the cutting the budget issue, why?
Romney has a long time to campaign, most of which is 'dead time' for purposes of getting the important Independents to select him. The Oct debates will be very well watched. But, events will shape the debate issues between now and Oct:
Robert Frost: "I have miles to go before I sleep, I have miles to go before I sleep" ... the road less traveled
Romney has another economic issue that remains more of a vague desire: cut spending
The devil is in the details...no one wants a single 'named' program cut
The small, insignificant commonly named cut is a laugh for practical purposes...cut out of the country:
"... cutting aid to the world’s needy would do virtually nothing to reduce the deficit. Though Americans think it represents anywhere from 10 percent to one-third of the federal budget, in reality, it makes up less than one percent of federal spending.... "
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Americans Support Cutting The Deficit, But Not Cutting Specific Programs
July 4th, 2012, 7:30PM
Nearly 70% of Americans say cutting the deficit is an important goal for 2012, with 84% Republicans, 66% Democrats, and 64% Independents rating it as their top priority.
These folks are happy to slash spending and raise taxes — only theoretically. Asked about specific programs, wide majorities almost always favor either increasing spending or maintaining the current level, as the following chart from Pew shows:
Source: Think Progress thinkprogress.org/economy/2012/06/15/500753/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/?mobile=nc
On education, for instance, 62 percent favor increases and 25 percent favor maintaining the current level. More than 90 percent favor either an increased level or the current level of spending on veteran’s benefits; and more than 80 percent favor increasing levels or maintaining the current level on college financial aid, public school spending, Medicare, and Social Security. The only program that even gains a plurality of support for reduced spending levels is aid to the world’s needy
www.ritholtz.com/blog/2012/07/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/
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"... Of course, cutting aid to the world’s needy would do virtually nothing to reduce the deficit. Though Americans think it represents anywhere from 10 percent to one-third of the federal budget, in reality, it makes up less than one percent of federal spending.
By contrast, Americans actually do support one way to reduce the federal deficit: raising taxes on the wealthiest Americans.
thinkprogress.org/economy/2012/06/15/500753/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/?mobile=nc
Romney may dance around the cutting the budget issue, why?
Romney has a long time to campaign, most of which is 'dead time' for purposes of getting the important Independents to select him. The Oct debates will be very well watched. But, events will shape the debate issues between now and Oct:
Robert Frost: "I have miles to go before I sleep, I have miles to go before I sleep" ... the road less traveled
Romney has another economic issue that remains more of a vague desire: cut spending
The devil is in the details...no one wants a single 'named' program cut
The small, insignificant commonly named cut is a laugh for practical purposes...cut out of the country:
"... cutting aid to the world’s needy would do virtually nothing to reduce the deficit. Though Americans think it represents anywhere from 10 percent to one-third of the federal budget, in reality, it makes up less than one percent of federal spending.... "
========================
Americans Support Cutting The Deficit, But Not Cutting Specific Programs
July 4th, 2012, 7:30PM
Nearly 70% of Americans say cutting the deficit is an important goal for 2012, with 84% Republicans, 66% Democrats, and 64% Independents rating it as their top priority.
These folks are happy to slash spending and raise taxes — only theoretically. Asked about specific programs, wide majorities almost always favor either increasing spending or maintaining the current level, as the following chart from Pew shows:
Source: Think Progress thinkprogress.org/economy/2012/06/15/500753/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/?mobile=nc
On education, for instance, 62 percent favor increases and 25 percent favor maintaining the current level. More than 90 percent favor either an increased level or the current level of spending on veteran’s benefits; and more than 80 percent favor increasing levels or maintaining the current level on college financial aid, public school spending, Medicare, and Social Security. The only program that even gains a plurality of support for reduced spending levels is aid to the world’s needy
www.ritholtz.com/blog/2012/07/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/
=======================
"... Of course, cutting aid to the world’s needy would do virtually nothing to reduce the deficit. Though Americans think it represents anywhere from 10 percent to one-third of the federal budget, in reality, it makes up less than one percent of federal spending.
By contrast, Americans actually do support one way to reduce the federal deficit: raising taxes on the wealthiest Americans.
thinkprogress.org/economy/2012/06/15/500753/americans-support-cutting-the-deficit-but-not-cutting-specific-programs/?mobile=nc