Skip to comments.Why Cut Spending to Save Money, and Then Raise Taxes to Give Politicians More Money to Spend???
Posted on 07/22/2011 4:51:00 PM PDT by xzins
Why Cut Spending to Save Money, and Then Raise Taxes to Give Iresponsible Politicians More Money to Spend???
Why give more money to those who've proven they are totally incapable of handling it responsibly? It makes no sense.
First, we are told the nation has a crisis of spending. Billions upon billions of it is entirely stupid spending. We are paying for everything from boondoggle research to bribes in Afghanistan to Auntie Leon's sex change operation to politicians' fake "working vacations" in exotic lands (with exotic golf courses.)
Because of all that ridiculous spending, we are told we need to drastically cut spending and get our house in order.
OK. I buy that. Let's cut spending. I'm all for it. Let's get down to lean and mean.
Then, these politicians say something that absolutely proves they think we are idiots. They say, "Once we cut spending, we want to take more of your money, because we want more money to spend."
What?! You tell we we're spending so much we're going to hell in a hurry, and then you hold out your hand and say "I want more...more...more."
They are on drugs. They are insane. It's the only answer that makes sense.
Let's say you and your wife tell all your friends you've decided to change your life and become responsible about your family budget. You tell those friends you are doubling up on your car payments, you're getting rid of your satellite TV and your cell phones, because you know you can live without them. You are on a "cut the budget" crusade!
Then you say, "The final step in our plan is to beg money from Mom & Pop and then get a load of credit cards... so we can have a load of cash and go on a big, debt-defying spending spree!"
I'm calling the psych. Something schizoid is going on. Someone is nutso.
CUT CAP AND BALANCE
I refuse to go down that California road to prosperity.
Just cutting or eliminating the deficit SPENDING does not end the problem. If we balanced the books today we would have to slash spending even further to deal with: 1) The inevitable rise in interest rates to come and 2) we desperately need to amortize the debt.
$14 trillion plus and it's debt service payments alone are a huge drag on the economy. It will take discipline; never displayed in recent history, to pay down the deficit. None of this happens while we continue to load up on the debt pile.
We is screwed!!!
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