It is mathematically impossible to balance the budget on the backs of the rich.

[tpfkaw]

http://online.wsj.com/article/SB10001424052748704621304576267113524583554.html

Emphasis mine.

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[tpfkaw]

http://iowahawk.typepad.com/iowahawk/2011/03/feed-your-family-on-10-billion-a-day.html

[tpfkaw]

It's mathematically impossible to balance the budget without increasing revenue, which means tax increases for the top income bracket. Spending cuts alone aren't enough. Before invoking math, you need to know how it works.

Of course it's possible, and with substantial tax cuts, too.

THE WORMYGUY BUDGET PLAN:

1. Cut all spending 100%
2. Cut all taxes 100%
3. Sell all government assets.

Voila, largest surplus in history.

[tpfkaw]

Of course it's possible, and with substantial tax cuts, too.

THE WORMYGUY BUDGET PLAN:

1. Cut all spending 100%
2. Cut all taxes 100%
3. Sell all government assets.

Voila, largest surplus in history.

Actually, there would no surplus, because there would be no budget at all with 100% tax cuts and selling all government assets wouldn't cover all the bills that must be covered.

If we did that we'd probably still owe debt interest.

Well, I'm sure that government liabilities now exceed assets, thanks to multifarious retards over the years, so obviously the people who were dumb enough to purchase IOUs on fancy pieces of paper from the federal government would have to take something of a haircut.  Of course, that's the best they'd ever get in the end, and they kinda had it coming to them.  Nevertheless, whatever the case, it would be a one-year surplus, with no deficits coming thereafter.

By the way, Nappy, who is this "we" you speak of?

Of course it's possible, and with substantial tax cuts, too.

THE WORMYGUY BUDGET PLAN:

1. Cut all spending 100%
2. Cut all taxes 100%
3. Sell all government assets.

Voila, largest surplus in history.

Hello.  Welcome to Planet Earth...I trust this is your first visit here.

Yep, just arrived in my starship from the Anarchy Nebula.  As you can see, we've reached a somewhat higher plane of civilization than you have.  Pleased to meet you!

[tpfkaw]

Well we do have to raise revenue, unless you're fine with this country being turning into some kind of neo-feudal/Latin American nightmare.

Well actually, that's a pretty good description of what the Democratic Party intends to turn this country into (or that they already have, to take a more cynical tack), a "neo-feudal Latin American nightmare."  I'll have to remember that one!

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Actually, the abolition of the US tyranny, which is run almost entirely for the benefit of (some) wealthy individuals, would be one of the worst things for them in their entire history, what with the abolition of regressive wealth redistribution through monetary policy, bailouts, subsidies, anti-competitive regulation, and all other forms of corporate welfare, as well as the reintroduction of social mobility via the abolition of state-supported higher education workforce-entry monopolies and the end of the war on poors [drugs].

Is Nappy supposed to be an insult? We means we as Americans. The people stuck footing the bill. I know I'm part of it and assumed you were too.

Only if you want it to be.  Nobody ever asked me if I would like to be "stuck footing the bill," and I neither feel like being nor intend to be (if at all possible) one of those people.