A vigorous political blog, not for the fainthearted.
Sunday, April 19, 2009
From MTP today as quoted by former Rep. D. Armey
As Milton Friedman said, "The real rate of taxation is the rate of spending." It's going to be pay me now or pay me later, but eventually every dime's worth of government spending is going to be
I am very familiar with the quote and it is true! So - we can pay our own way now or we can leave the bill with future generations, as Reagan and Dubya chose to do.
Obviously, we need to tax more and spend less once we are out of our inherited economic crisis.
This administration has spent more in it's first 100 days than every other administration including the over spending Bush administration combined. Your consistent blame and comparison To Republican administrations in an effort to take the stench away from Barry's policies is feeble at best.
We are all confident that they will tax more but there has been nothing in Barry's behavior to believe that he will cut spending to the levels needed to correct this. In fact the interest alone on this new debt will strangle us.
3 comments:
I am very familiar with the quote and it is true! So - we can pay our own way now or we can leave the bill with future generations, as Reagan and Dubya chose to do.
Obviously, we need to tax more and spend less once we are out of our inherited economic crisis.
This administration has spent more in it's first 100 days than every other administration including the over spending Bush administration combined. Your consistent blame and comparison To Republican administrations in an effort to take the stench away from Barry's policies is feeble at best.
We are all confident that they will tax more but there has been nothing in Barry's behavior to believe that he will cut spending to the levels needed to correct this. In fact the interest alone on this new debt will strangle us.
Obviously, the spending in his first 100 days was scheduled by the previous administration.
Post a Comment