Quote:It never ceases to amaze me that this comes out of the mouths of so many.

 

First, regarding cuts in military spending, it has been done and as a result, our military is reduced and much weaker than it's been in a long time.

 

Second, how is raising taxes on the wealthy a fair idea?

The US spends $711 billion (with a B ) dollars on its military every year. The next closest is China at $143 billion. We spend almost as much on our military as the rest of the world does combined. Our military can afford to come down on spending a little...or a lot. There is not a single country in the world that could pose a serious threat in a one-on-one fight, and we don't need to spend as if the entire world is going to attack us at the same time.

 

Source: http://www.military1.com/all/article/402...gest-power

 

In the 1950's, tax rates on the highest earners peaked at 90%. The economy boomed. In the 1920's, tax rates were extremely low, and we enjoyed the Roaring Twenties right up until the stock market collapsed and the US sunk into the Great Depression. Point being, increasing tax rates on the wealthy has proven over time to balance and stabilize the economy, and dramatically lowering them often contributes to a short peak then a crash.

 

Source: http://www.businessinsider.com/history-o...tes-2012-5

---