From The American Prospect: The Two Biggest Lies in Donald Trump's Tax Plan Excerpt: I never tire of repeating it: Donald Dork lost the popular-vote. He has no real authority to make the massive changes he wants whilst in office. Because, he is fraud perpetuated by the Electoral College. Itself a device that has far outlived its utility and should be scrapped. Howzzat? Easy. Just pass a law that says True Democracy requires that the number of voters in the Electoral College must be in identical proportion to the number of popular-votes of each state*. Which should mean that the outcome reported to Congress by the Electoral College is identical to the popular-vote. Why not just scrap the Electoral College? Because it was adopted in the 12th amendment and would require the approval of all the states. Which could take forever ... *It is also time that America develops a National Identity Card, based upon our Social Security number - which could be required to vote in any election. In that manner, regardless of whether a vote is local, state or national, we are sure that only Americans vote and only once. It would help also if we could vote over the Internet and, if not, then on any two weekend days (when people have the time to vote).
How much off todays corporate profits driving up stock prices is the result of tax cuts and NOT INCREASED business???A temporary sugar high driving up GDP, but only temporary!!
So you agree that only voting age citizens should be counted in the Census? Without the EC, only voting age citizens are counted when considering Congressional districts That's not how GDP works.
Here is a fundamental question; When the USA is not in a crisis, when we have no emergencies, and when numbnuts says the USA has the best economy ever...why as a nation are we incapable of balancing the federal budget? The only answer I can come up with is GREED...
Who says it must be "balanced"? It never has been, and there is no law saying it must be. Wishful thinking on your part? I am far more concerned about what we, the sheeple, get out of the budget. And given that almost half goes to only one agency that spends it willy-nilly on toys-for-boys, that question remains a hot-one ...
I think any serious person will prefer balancing a budget versus consistent deficit spending. Not wishful thinking...common sense. Sorry...but we should worry both about how much debt we spend and how we spend...
Assuming that you're referring to the defence budget, that's not quite right. The majority of US federal government spending, close to 2/3rds is on mandatory programmes such as Social Security, Medicare, Veterans' Benefits and so on. Of the remainder, a little over 1/3; 1/6 goes to pay interest on the debt (6% of the federal budget) and the rest is classed as Discretionary spending. The defence budget does account for more than 50% of discretionary spending, or around 16% of overall federal spending, significantly less than half. Right now "thanks" to President Trump's tax cuts, there would still be a deficit even if there was no defence spending at all. That's not to say that military spending isn't too high and/or that it's directed towards the wrong things but those are different considerations.
The Federal government spends significantly more on health care than on defense. Like $1.5 trillion a year