Democrats promise budget surpluses (by 2012 by allowing President Bush's tax cuts to expire)

AP on Yahoo ^ | 3/5/08 | Andrew Taylor - ap

[The South Texan]

They haven’t been paying attention to the cash registrars named Hillary Clinton and Barrack Obama.

[highlander_UW]

Not after the something like 300 BILLION dollars per year that Obama has already promised to spend...and he hasn’t even gotten to the actual presidential election where he will, no doubt, promise Billions more spent for one special interest group or another.

[K-oneTexas]

That, plus the fact that revenue will decrease to it’s pre-tax cut levels. Oh, yeah I forgot ... Congress will step up IRS audits, and tax business heavily and .......

[MNJohnnie]

Problem is their math is based on total wishful thinking. They are assuming a constant rate of economic growth no matter what they do with the tax code. Letting the tax cuts expire is going to have a negative impact on economic growth rates while at the same time the Congress has no intention of reigning in it out of control spending habits.

So Democrats might get a short term increase in tax revenues the net impact is going to be a slowing economy at the same time Congress will be spending more which will result in bigger deficits, not a surplus. Which of course will be the base of the argument from Democrats that they have to raise taxes, thus slowing economic growth, thus generating higher deficits.

The Feds don't have a revenue collecting problem, they have a spending problem and until they reign that in, nothing they do will reign in the deficit.

[The_Republican]

They don’t have to worry about delivering on their promise as we all know, Mayan Calender ENDS in 2012.

[CIDKauf]

Supply side...that’s what we need

[VeniVidiVici]

We need to nail the democrats on how much income they consider to be “middle class”.

[egginanest]

"Without question, the Democrats are the party of fiscal responsibility."

[Oshkalaboomboom]

They haven’t been paying attention to the cash registrars named Hillary Clinton and Barrack Obama.

Thanks to a freespending Republican Congress and Senate, along with a President who never learned to say No until it was too late, they don't have to. They can say what they want and we have no response because when we got the chance we spent as much as any Democratic administration and more. Now we have to sit back and reap what we have sown because any attempt to paint the Dems as big spenders will be met with derision.

[LibLieSlayer]

pelosi and reid have approved 276 BILLION in new spending... above the increase Bush has approved.

LLS

[JasonC]

Just in time for a recession, the Dems decide to run on raising taxes and balancing the budget. Cause it worked so well the last five times.

[BJungNan]

Oh, well that settles it then. If the Dems are promising surpluses, let’s vote Dimocrat

[ari-freedom]

democrat logic: if I sell apples for $1000 an apple, I’ll be rich!

[rabscuttle385]

Majority Democrats say they will likely allow income tax cuts for wealthy taxpayers to expire, but extend tax cuts for lower- and middle-income people.

And by wealthy, the Democrats mean anyone who actually goes out and works for a paycheck. The truly wealthy (liberals with actual money) will remain exempt, because some citizens are more equal than others.

[FFranco]

Democrats are so stupid and uneducated they don’t understand you increase revenues by LOWERING taxes. Like you say, raising taxes will depress economic acivity and reduce tax revenues. That’s how the Laffer Curve works, proved by President Reagan.

[dfwgator]

Democrats are so stupid and uneducated they don’t understand you increase revenues by LOWERING taxes. Like you say, raising taxes will depress economic acivity and reduce tax revenues. That’s how the Laffer Curve works, proved by President Reagan.

Heck, even JFK knew that.

[MNJohnnie]

Thanks to a freespending Republican Congress and Senate, along with a President who never learned to say No

Only because they can rely upon their tame mouthpieces among the "pseudo Conservatives" who will ignore what ever the Democrats are planning or doing now so they can continue to whine and scream about what the Republicans did not do back when.

Going to be a great election year for us when 20% of our side would rather continually snipe our own in the back for their minor short comings then ever have to quit whining and fight the Democrats on anything.

[I see my hands]

To: Galted

Dims are bad news!

[tflabo]

Demo’Rats still stuck on stupid. But their voters are voting for change....which is about all they will have left in the pockets after the greedy pols extort all their $$ for socialist nirvana land.