Originally posted by Rondec Honestly, I have not seen a "real" budget plan from either party. Not from Obama, not from Romney. Fine, Obama wants to raise taxes on the wealthiest Americans, but to what point? I guess because low and middle class families will vote for him for not increasing taxes on them? Certainly it isn't a plan that will balance the budget, or even get close. Plans like Simpson Bowles are not truly viewed as viable by either party.
The reality is that it is all rhetoric. Neither party truly wants to balance the budget, they just want to please enough the electorate that they can (re) elected. Fine, but there is no moral high ground here and the pot and the kettle are a lot closer than they would like to admit in debates.
There is absolutely no need to ever balance the budget.. but THAT is a long story) As to the real difference between the 2
One thinks you "stimulate" the economy from the top down (which has continuously failed on paper and in reality)
The other thinks feeding fed cash (or not collecting any) to the middle feed the economy in a more practical manner (shown to be true)............
70% of the economy is "goods and services" ( i.e stuff and healthcare.)
Romney "believes" wages will increase in the lower levels as you "feed" the upper levels. FAIL...today, FAIL in the past.. FAIL in the future.
(Obama wins on this front)
One thinks feeding the military industrial complex is VERY important for jobs and security (yes gov. contracts/money DO stimulate the economy) the other think this money is better spent on "other things" like infrastructure.THIS part of the argument wouldn't even exist if they realized ANY gov. spending/money printing is "stimulative".. It becomes nothing more than a "moral issue"..