Posted on 11/08/2012 3:02:59 PM PST by tobyhill
Boehner will cave and then have a good cry. The GOP needs to replace its House and Senate leadership with vertabrates.
There is one word that the career politician uses like a “get out of jail free” card, a word that causes me to dismiss everything before and everything after any statement.
That word? “BUT”
Those who do not remember history are doomed to repeat it, right? Reagan made this compromise with Democrats in 1986 (think I got the year right). Deductions and “loopholes” were eliminated in exchange for lower rates. The economy boomed and tax revenue increase. The Dems spent all the increase and more, so the deficit increased. The Dems blamed the deficit on Reagan’s tax cuts, so (TA-DA!)rates went back up, but the deductions never returned.
Reagan and the American people were had.
You called it just like it happened. tipp o’neal is burning in hell... his lap dog chrissy has a burning hearth awaiting his arrival. We need DRASTIC SPENDING CUTS AND REDUCTIONS IN FUTURE ENTITLEMENTS!
LLS
And repeat it, they always will.
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