A Quote by Ted Deutch
It's not class warfare to suggest that we shouldn't look to seniors and the less fortunate to bear the brunt of deficit reduction. I believe America needs to understand there needs to be a sense of fairness.
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The Farm Bill is one of the only bills that provides substantial deficit reduction that passed the Senate this year. It only makes sense that this deficit reduction bill would be included in a larger deficit reduction agreement.
When you're talking about long-term deficit reduction, $4 trillion worth, entitlement reform needs to be part of it.
But the debt limit obviously is something that needs to and will be passed. That is not inconsistent with a process and a belief that we have to get significant deficit reduction.
If you look at the ecosystem, entrepreneurs as a class have gotten younger, younger, and younger. They also as a class have become less and less and less experienced. The good part about that is that you're unlocking this ability to start a company to so many more people. That's an amazing positive. The negative is they're coming to that job with dramatically less experience than they've ever had. So there needs to be someone around the table that can then help them.
[President] needs to engage them in a very personal way. And he needs to tell them that this is something that America, the United States of America, needs. Not Republican. It's not Democrat. It's America.
I look around and there are needs that people have. Places have needs. These times have needs, and I have the education and the ability to communicate with it and help to solve those needs.
When Republicans say, 'The first thing you do when you do deficit reduction is reduce rates,' it would be like Democrats saying, 'The first thing you do when you do deficit reduction is provide free Medicare at age 55.' We'd like to do that! But it won't bring the deficit down. That's for sure.
They talk about class warfare -- the fact of the matter is there has been class warfare for the last thirty years. It's a handful of billionaires taking on the entire middle-class and working-class of this country. And the result is you now have in America the most unequal distribution of wealth and income of any major country on Earth and the worst inequality in America since 1928. How could anybody defend the top 400 richest people in this country owning more wealth than the bottom half of America, 150 million people?
High tax rates in the upper income brackets allow politicians to win votes with class warfare rhetoric, painting their opponents as defenders of the rich. Meanwhile, the same politicians can win donations from the rich by creating tax loopholes that can keep the rich from actually paying those higher tax rates - or perhaps any taxes at all. What is worse than class warfare is phony class warfare. Slippery talk about 'fairness' is at the heart of this fraud by politicians seeking to squander more of the nation's resources.
My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.
What the world needs is more compassion; love in the broad sense, and use of practical reason to solve human problems. What it needs less is ideological and religious fanaticism, of which, unfortunately, there currently is aplenty.
The interesting thing about class warfare is that it's only class warfare if it's up, not down. If you talk about welfare cheats or something, that's not class warfare because it's down; you have to talk about rich people before it's class warfare.
If we're going to talk about economic fairness, or about fairness, one of the most pressing economic issues facing families, seniors, and job creators in Missouri and across America is the strain of skyrocketing gas prices.
The human being needs a framework of values, a philosophy of life, a religion or religion-surrogate to live by and understand by, in about the same sense that he needs sunlight, calcium or love.
Our platform calls for a balanced deficit reduction plan where the wealthy pay their fair share. And when your country is in a costly war, with our soldiers sacrificing abroad and our nation facing a debt crisis at home, being asked to pay your fair share isn't class warfare - it's patriotism.
A writer needs loneliness, and he gets his share of it. He needs love, and he gets shared and also unshared love. He needs friendship. In fact, he needs the universe. To be a writer is, in a sense, to be a day-dreamer - to be living a kind of double life.
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