Saturday, February 7, 2009

Tax and Spend?

The last paragraph hits in on the head.

This goes to the President's leadership. He failed to take control of the stimulus issuie and allowed it to be run by Pelosi. The depth of debt that this bill generates is beyond comprehension.

We cannot "debt" our way out of this mess. It's what got us here in the first place. It's not the tax cuts, either. It's the inability of politicians (both sides) to keep from spending everything available. Tax cuts have been shown 3 times now (Kennedy, Reagan and Bush 43) to increase federal revenue, but Congress, the Executive and the States keep spending it on pork (I know, it's "pork" to me, but it brings jobs to your community).

If we are to get out of this mess, reduced government spending and tax cuts at the margins will do it. The Pelosi-written Obamulus pork-pile will not.

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