Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: andy58-in-nh
You assume that a purported trade of tax breaks for significant "spending reductions" is good. As a short-term expedient, it would be.

Economic theory says it is objectively good for the long-run as well.

They will institute the tax increases as sure as the sun will rise tomorrow.

If they win a majority in the future, they will be able to do that regardless of whether we take this deal or not.

The proffered spending cuts, however, will NEVER materialize.

If you really believe that, then there's no point for you to even try to get spending cuts. Is that really your position?

40 posted on 07/06/2011 2:01:11 PM PDT by curiosity
[ Post Reply | Private Reply | To 33 | View Replies ]


To: curiosity
Economic theory says it (a trade of tax breaks for significant "spending reductions") is objectively good for the long-run as well.

Again - if wishes had wings.... it won't happen because Democrats will not ever let it. They have a billion dollars in the bank and an army of union thugs to fight even a reduction in the rate of spending increase. What does the GOP have? Yeah. An army of testicularly-challenged invertebrates. Except for some of the women, strangely enough.....

If they win a majority in the future, they will be able to do that (institute tax increases) regardless of whether we take this deal or not.

What will they do after they have bankrupted the nation? And that is where we are headed - not in some distant future, either, but soon and yes, intentionally (thank you, Uncle Saul!). When the Fed loses control of their near-zero interest rate regime (and they will) our debt service expenses will exceed not only tax collection rates but will consume an enormous quantity of America's GDP. Hello, Greece! You must try our souvlaki. And then some ouzo. Trust us: you'll need it.

If you really believe that, then there's no point for you to even try to get spending cuts.

Please provide me with one example of where Democrats have ever approved a reduction in spending (other than Defense) that lasted longer than one year (oops, there goes Defense, too...).

Enough fun. Look: what we have here is the perennial allegory for American politics: Charlie Brown, Lucy, and the football. Hope triumphs over experience, and frankly - it hurts a little more each time.

49 posted on 07/06/2011 2:36:44 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
[ Post Reply | Private Reply | To 40 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson