Question: Why is the deficit not called a 25% tax increase?

[Festivito]

Not the exact figures, but:
We take in about: $2 trillion
We spend about: $2.5 trillion
We borrow the difference, about: $0.5 trillion, or $500 billion

For every dollar we send in, we borrow an additional 25 cents.

A 25% tax increase.

We are using it as income. As a nation we do not really have bankruptcy protection. Why is it NOT a 25% tax increase in that income?

Individual's Home analogy:
NOTE: THIS IS PER-CAPITA BASIS, THIS IS AN INDIVIDUAL'S PART.
I AM AN AMERICAN VOTER:
I take in eight-thousand a year.
I spend ten-thousand.
I borrow from my neighbors a thousand each year.
I divert from my retirement obligations a thousand each year.

I was going to take in $10,000 this year,
but, my money manager, call him George, decided, instead, to give
$200 to me (it went right out, I did not even include it here),
$400 to his boss, and
$1,200 to the big-boss
in order to keep a different guy from getting his job, which is supposedly decided by a vote that gives no weight to bossiness, so try to figure that one out.
BTW: His first year, he gave me a certified check for $300 ;-) (would have been $600 if I'd had a kid), and did not make it clear that he borrowed $1,500 from the neighbors and diverted funds from the retirement obligations that same year.

So, now for every dollar I take in, I have to borrow a quarter. My money manager's bosses are happy, they see a 1%, 2% and 3% tax decrease. But, as I'm seeing it, it's a 25% tax increase, that they're going to have to pay some day.

P.S. I already owe over thirty-thousand, not including big-mouth promises like my headache prescription. (That's 7.6T$ for 293 million Americans. Try some math.)

Peraps I should ask Auntie Pinko.

I have to get my elderly mother up and ready to go out. I love to hear from some of ya's. See ya's later.

[KT2000]

1. a tax increase for the kids

that "some day" is for the next generation to pay. How smarmy is that?
We really do need to frame this so people understand it and I think you are on to something.

[4_Legs_Good]

4. We could use a diagram like Tim Robbins in the Hudsucker Proxy

A tax increase - you know, for kids!

It's disgutsting!

david

[Festivito]

5. This 25% increase will be a 50% increase for kids, and then some.

Oh, yes, the kids will pay. If actions speak louder than words, then, this nation HATES children.

Also, the miricle of compounded interest, at 7%, over 14 or more years will more than double the amount borrowed. Meaning the deficit really means a 50% tax increase and higher.

[iconoclastNYC]

2. More properly, a tax deferral

A good thing to do would be to calculate how much all the Reagan tax cuts cost with interest. How much did that cut tax cost us?

[Festivito]

6. Reagan's borrowing was awful: longer at a higher interest.

I bet if you track it, and count up the interest we've paid and are STILL PAYING, that his tax decrease came with a

tax increase of 100%, maybe more.

With a net tax increase of a hundred percent or more.

[Al-CIAda]

3. This is what the Dems FAIL to do

Use this type of rhetoric and framing that 'merikins bite on.

Use the phrase "its YOUR money!"
Use the founding fathers and quote them as often as possible.

[Festivito]

7. Framing helps, but, only buys them time until the next attack.

Then arguments run to how will we choose who will be drafted. Even miscounting our nation's election would be forgotten then.