Re: Tax Cuts Make Money For The Government



On Wed, 01 Mar 2006 11:37:50 -0800, El Castor
<anyonethere@xxxxxxxxxxxx> wrote:

Rumpelstiltskin <PleaseDoNotReplyByEmail@xxxxxxxxxxx> wrote:

<snip>


... I perhaps misunderstood your
statement that "deficit spending was stimulative", since it
included no caution about not having perpetual deficits such as
we have now, though your statement about "inflationary" just
now does that, though with only a deuce of spades whereas I
think it should have been an ace.

Let me be clear -- I DEPLORE AND DESPISE the current deficits which I
blame primarily on Bush and secondarily on congress. Because I blame
Bush, do I believe that the Democrat party has somehow become the
party of fiscal discipline?



Well, there was Bill Clinton. Some claim the Republicans blocked
him and that caused the decline in the rate of increase of debt,
though the rate was already starting to decrease in Clinton's
administration before the Republicans took congress. But even if
one maintains the Republicans were responsible for decreasing
deficits, why aren't they doing that now? Connie is maintaining it's
best not to have one party in control of everything, and there's
something to be said for that. Clinton did well with a Democratic
congress, but he only had it for the first two years

I'm personally pretty confident Hillary will not put up with
half-trillion dollar deficits, but I guess we'll see, if she gets in.
She looks today to have been right in her suggestion during a
congressional discussion I saw a month or two ago about the
new drug program , "scrap it and start over".



Not for a minute. The lip service that
Democrats pay to balancing the budget is just an excuse to raise taxes
-- followed by more unending tax increases. The solution to excessive
spending is just what it has always been -- CUT SPENDING. We don't
need G** D***(!) farm subsidies, welfare for corporations, pork as far
as the eye can see, or an insane sixteen trillion Medicare drug
program! The current level of taxation as a percentage of GDP is just
fine. We should live within our means or risk killing the golden
goose.

Whew! Hope I have made my position crystal clear! (-8


Yes, but I don't see how "support Bush" comes out of it. As to
cutting spending, sure, things like the "bridge to nowhere" in
Alaska. Certainly in regard to things like the Iraq war. A lot of
other domestic things too, but before we can do anything these
days, we'd still have to come up with half a trillion dollars every
year first, just to pay interest on the debt that's already been
run up.


<snip>


.



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