All this political talk about raising taxes to pay our staggering deficits should scare us all. That type of thinking is a poorly constructed, knee-jerk reaction, highlighting a gross case of serious economic nearsightedness. Raising taxes stifles the economy, effectively rendering any chance of a meaningful recovery a second cousin to wishful thinking.
The cure is actually relatively simple and impossible. You hold Obama to the campaign promise of going over the budgets of all government agencies with a scalpel, you turn the focus of the IRS on government funded fraud, you quit printing money, you quit increasing budgets, you quit forming new government agencies, and you forget raising taxes in any form. You also impose a two-term term limits with no perks, forcing our legislators back into the reality of real America. With those things set in concrete your investors once again become willing to invest in all the things that produce jobs, which is where the economic focus should be.
When people have money to spend they spend it. If they don’t they don’t; a lesson lost on our government. Money taken from me and given to China does nothing for America. Money I spend goes back into the economy and is spent many times over. One is a total loss system; the other continues to work endlessly.
Uncleben ..
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1 comment:
The title of your post should be "the ignorance of some people."
Unless you're rich,UB the only taxes you should be worried about is the tax break Dubya gave the richest 1% of our great Nation and your tax dollars he wasted on a needless illegal war. Tell me specifically what tax breaks he gave you? Tell me specifically what tax breaks good hair has given you?
You see or you should, cutting taxes is an election time and political ploy the republics use to try and get elected.
I hope the tea partiers do take the House in November. Then we can truly hold you accountable for the mess you've made of the economy and our once great country. However, I'm well aware you would still blame the Democrats because that is totally ingrained in your cells and all you can do. You are incapable of assuming
responsibility for the mistakes of your leaders.
OBTW, the Dems did not destroy the economy in 2 short years...we have dubya/cheney to thank for that.
I could go on but I've wasted enough time here.
Sandy
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