I read the article but by common sense alone you would think that the national debt is the accumulation of deficits. If you go 10 years in a row with a deficit of $10 a year, isn't your debt going to be $100?

The "graph" in the story didn't really make much sense to me.

" In the real world, "new revenue-producing measures" are known as "tax increases.""

And so, once again, some idiot admits in one breath we have serious overspending problems, and in the next, decries actually paying for any of it.

Dan I would be all for tax increases if coupled with spending decreases, or at least spending freezes!

"Dan I would be all for tax increases if coupled with spending decreases, or at least spending freezes!"

I agree, but we've been running deficits for over a generation. The next person that bitches about "tax increases" should be konked on the head.

"The next person that bitches about "tax increases" should be konked on the head."

Konk away, Cali is taking an extra 10% away this month, so I am bitching, sales of 9.25%, fed @ 32%, state @21%, medicare, and SS on top of that, what the fuck is the point. When does it end? Just curious in your "revenue problem" world?

"Cali is taking an extra 10% away this month"

So...what, 7% to 7.7%?

"fed @ 32%"

What, do you make over $350,000?

"state @21%"

What a lying pile of shit. What state takes 21%?

"medicare, and SS on"

Same as everyone else, unless of course, you're making over $108K, which means you're paying a lower overall percentage than everyone else.

But really...why make up these bogus percentages? And why don't you know the difference between marginal rate and effective rate?

"Cali is taking an extra 10% away this month"

Just in withholding; the tax rate hasn't changed, meaning you'll get in back in a few months when you file your taxes. It's the equivalent of a tiny, forced loan, living in a state that has a severe budget problem. I agree Cal shouldn't be spending anywhere near as much, but to bitch about tax withholding in a state running a multi-billion dollar deficit is ludicrous.

#7 | Posted by Danforth

Unless of course you live here.

"Unless of course you live here."

I used to.

Ultimately, you're bitching about a several month loan of less than one percent. In a state with a multibillion dollar deficit.

state @21%

New math.

"New math."

No shit.

I'm wondering where Andrea ran off to. She was so adamant about barfing up bullshit; too bad she couldn't stick around to defend it.