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Old 09-23-2010, 03:05 PM
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Riot Riot is offline
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Join Date: Mar 2007
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Quote:
Companies, not government, create jobs.
You don't know that companies benefit from government incentives? Why do you think so many USA companies do not produce their products in the USA?

Quote:
If an extension of tax cuts results in a deficit, then the spending is too high. Period.
That's the backwards way to look at it. What it really means is that our income was cut (tax cuts were given, so less income flowing to the government), without a resultant cut in our expenditures.

If your income goes to 3/4 what it is now, what do you have to do? Cut your spending, of course. But was excessive spending the cause of your no longer having enough income to pay your bills? No. It was your income cut that caused your financial deficit.

BTW, those tax cuts, when originally enacted, DID cause a huge deficit. Were you angry then? Were you calling for spending cuts then?

Quote:
What was so ugly about the Contract with America? It was only a promise of what issues to bring up for a vote in the first 100 days of the 1994 session of Congress
That it was a resounding failure, a lie to the people.

Let me ask you a direct question, Joey: if the Bush tax cuts for people making over $250K/year are allowed to expire on schedule, our trillions of dollars of national deficit will be cut by 1/3 very quickly. With no changes to anything else in the budget. Are you for that, or against that? Yes or no?
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