It's tax return time. Time to dip into the past which reminds us of the legacy left by the economic policies of our past leaders.

In the 1040 instruction book can be found a pie chart. It gives a good snap shot of what is happening to our revenue (tax and borrowing) dollar and our spending dollar. I present below 1991, 2000 and 2006. (Although I paid taxes in 1980 I no longer have the 1040 instructions. I would be great full for a copy from anyone who does.)
Here they are:

and 2006

The election of 1980 was notable for the third party candidacie of John Anderson on what I remember as a socially liberal and fiscally conservative platform. (link...)

However, Regan won and put the nation on a Borrow and Spend frenzy.

After nearly 11 years of republican (miss) management of our nations financial affairs by the Borrow and Spend great communicator, followed by four years of the silver foot in his mouth president, we were borrowing 21 cents of every dollar we spent. We were borrowing one additional cent for every cent we paid in interest. Only someone who is so anti intellectual as to have avoided studying any math can see that that is a recipe for disaster.

To his credit, Bush I did try to address the debt problem late in his term but not boldly and his party contributed to his defeat for his action. It was once again the third party candidate Ross Perot who was the voice of fiscal reason in 1992.

Bush lost, Perot lost and Bill Clinton won and much to my approval he seams to have adopted Perot's cause of fiscal responsibility. He had several show downs with the Republican congress demanding that they balance their revenue and spending. During the Clinton terms the pie charts had developed a growing wedge which had never appeared during the Regan, Bush I presidencies; A surplus. This surplus was gaining on the debt. For every eleven cents of debt interest we spent 12 cents to reduce the principal owed. If sustained this rate could have wiped out the debt in less than ten years.

I have never heard Republicans correct their erroneous assertions that the Clinton spending cuts and tax increases of 1991 would rune the economy. Such assertions should be challenged for what they are: FACT FREE arguments.

Since 2001 Republicans have been shoveling our money out to special interests in spectacular amounts.
So today in 2007 we are again borrowing against the future.

Never the less, it is we the voters who let any and all politicians get away with deficit spending, who are ultimately to blame. We must either cut spending or increase revenue to balance the budget.

Does anyone know if John Duncan's district is in balance? Is John Duncan's district (and are we) contributors to deficit spending?

Forrest Erickson

You mis-spelled Ray Gun

It's R-A-Y G-U-N. It's a Buck Roger's Star Wars strategic defense intitiative sort of name. According to your data, it appears that we can pass the cost of liberating other countries on to our Grandkids and Great Grandkids. Sounds logical to me. Deficit spending is non-sustainable, but I assume most folks who buy into that Deficits-Don't-Mean-Anything crap, always had Daddy's bank account to draw from.

Just passed some dude waving a banner at the Post Office. Claims we don't have to pay income taxes. That they are un-constitutional and illegal. I told him we had to pay for the Exxon-War, somehow. He said we had over 200 years of Oil in Alaska, if the tree huggers would just let us drill. Must be nice to not have to do anything all day, and hang out tripping and scaring people, all day long.

viva Evo Morales

Income Tax

Right. Ray Gun

Regarding income tax, as amended the constitution say:


The Congress shall have the power to lay and collect taxes on
incomes, from whatever sources derived, without apportionment among
the several States, and without regard to any census or enumeration.

As I recall, if you search around you can find arguments that the 16th amendment is invalid due to procedural issues.
Not that I am saying the 16th amendment is not valid but just to warn our readers that the troglodytes out there may try to club you with an irrelevant fiction.

Forrest Erickson

Morality is doing right, no matter what you are told.
Religion is doing what you are told, no matter what is right.

-H. L. Mencken

Inappropriate Choice of Words

Dr. Erickson:

I mis-spoke. I think the guy's got a point about the Income Tax; however, I just wonder how one would PAY for Wars of Agression, without Taxation. Typically Wars of Agression, don't pay off too well, due to pesky World Opinion problems, and finding willing Nations to fund such items tend to wane rapidly with time.

I do know that, based on our current use of Public Funds for Militarism and World-wide Corporate thievery, at costs never seen before in recorded history; Benito Mussolini's ghost is smiling with pride.

viva Evo Morales

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