Will fuck your shit up, Mitch McConnell:
Sanders said, “The question that we have to debate as a nation is that deficit reduction is a very important point, but we have to understand that today at 15.7% our revenue as part of GDP is the lowest that’s it has been in sixty years. So when Sen. McConnell says revenue is not the issue, he is dead wrong. Revenue is very much the issue. The American people have been very clear. They do not want to cut Medicare, Medicaid, and Social Security. They do want to ask the wealthy and corporations to pay more in taxes.”
Sen. Sanders explained why the government is spending so much money right now, “Do you know why we are spending a lot of money? Because we are in the midst of a terrible Wall Street caused recession. Where real unemployment is close to 15%, and if we do not expand the Food Stamp program children in America go hungry. And if you do not provide unemployment compensation, workers will be out on the street having lost everything. Historically what happens when you are in the midst of this terrible, terrible recession, and again real unemployment close to 15%, what the American society has got to do as a society, is take care of people in need. As the economy improves, as fewer people are on unemployment, those spending programs should go down. But you can’t leave fellow Americans out there on the street.”
Sen. Sanders is correct. The government has historically spent money to keep people from starving and losing everything during economic downturns. When the economy gets better, and there are fewer people in need, the government spends less on these programs. Republicans have no evidence to support their position that cutting spending on economic assistance will grow the economy, and history has proven that what Republicans are advocating will only make things worse.