Quote (catkaboodle @ Mar 29 2012 08:00am)
The reason they're cutting taxes on the wealthy is that many of them still believe that the trickle-down stuff is super-effective. So... I guess that's their own way of growing the economy. The discredited trickle down theory is
exactly what got us into this mess. Now that we're on the way out of the mess, with the sky in sight again, putting them back into the same shitty idea would be economic suicide.
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I agree that we have to raise taxes too, but I understand where they're coming from. Honestly, the tax thing is probably part of a compromise with all the Norquistites in the party, which is dangerous, but the only way it'll pass in that group. >_<
Still think it's better than not cutting government spending at all.
If the economy grows, and we raise taxes on the wealthy, then theres no deficit problem, theres no social security or medicare or anything else problem.
We'd be cutting the deficit, growing the economy, making America wealthier and creating more jobs
So why compromise at all? We stand to gain absolutely nothing
Back in the day, many people were economically conservative and socially liberal. Today, that economically conservative just doesn't make sense any more
I'm not looking forward to the one-party system, but at least it will be the good party
This post was edited by Goomshill on Mar 29 2012 08:06am