Proponents of deficit reduction argue that governments who do not control budget deficits and debt are at risk of losing their ability to borrow money at affordable rates. But if would take away our dependence on oil, become self-sufficient in our energy sectors, stop trying to be the world's policemen and an empire, maybe we can cut back on this, instead of cutting on the backs of the poor and elderly. Take a deep look at how efficient our government is spending money through departmental audit, maybe instead of cutting spending, we could save money at looking for ways to spending the taxpayer's money better. An example is that the Social Security that all of us put into, and is used to purchase 30-year treasury notes, you are buying debt, an investment, that the government uses as a slush fund, why cut that? Opponents of deficit reduction argue that government spending would increase demand for goods and services and help avert a dangerous fall into deflation, a downward spiral in wages and prices that can cripple an economy for years. Anyway, if any cuts are made, it should be across the board thought all departments.
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