Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ
09 April 2018 | Pago Pago, American Samoa
10 March 2018 | Pago Pago, American Samoa
10 March 2018 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
22 August 2017 | Pago Pago, American Samoa
09 August 2017 | Pago Pago, American Samoa

Why Are Deficits and the Public Debt So High

27 June 2017 | Pago Pago, American Samoa
Kimball Corson
This question can be answered at several levels and from several perspectives. The basic reason is simple.

The National debt has risen so high because the wealthy refuse to pay higher taxes and insist on loaning the nation the money to gain the interest payments and the eventual principal repayment. If you take nothing away from this note remember that.

On behalf of the rich oligarchy controlling our government, republicans have refused to enact the tax increases that our nation needs. Indeed the propaganda mantra is lower taxes and shrink government. Most all taxes, as it is, are paid by those in the upper income brackets and they want and push for cuts.

The lower taxes, smaller government push operates to increase the deficits and national debt because Democrats and some republicans have been successful until now in blocking safety net, entitlement and other expenditure cuts. That is the dynamic.

The size of the national debt and deficits reflects the degree to which republicans have blocked needed tax increases and delivered tax cuts instead and the degree to which the rich want to leach interest out of the public and get their money back.
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Vessel Name: Altaira
Vessel Make/Model: A Fair Weather Mariner 39 is a fast (PHRF 132), heavily ballasted (43%), high-aspect (6:1), stiff, comfortable, offshore performance cruiser by Bob Perry that goes to wind well (30 deg w/ good headway) and is also good up and down the Beaufort scale.
Hailing Port: Lake Pleasant, AZ
Crew: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
About:
Kimball Corson: I am a 75 year old solo sailor, by choice. However, I did take on a personable, but high maintenance female kitten, now a full grown cat, named KiKiPoo when she is sweet, or KatKatPo after she has just killed something like a bird or bat. [...]
Extra:
Although I was a lawyer and practiced law with good success for thirty years, creating significant new law, I never really believed in the law, the politics of law or in the over reaching self-interest of most lawyers I met. Too much exposure to Nietzsche and other good and seriously thoughtful [...]
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Profile

Who: Kimball Corson. Text and Photos not disclaimed or that are obviously not mine are copyright (c) Kimball Corson 2004-2016
Port: Lake Pleasant, AZ