Monday, June 6, 2011

“If we don’t get everything we want, then we let the whole thing burn.”

http://www.washingtonpost.com/business/economy/among-gop-an-ironclad-anti-tax-orthodoxy/2011/06/02/AG90SgJH_story.html

2 comments:

Jim G. said...

We need to cut spending.

We should not raise taxes.

We need to generate economic growth.

The Liberal/Socialist/Democrats (same thing) will never agree to make any reasonable cuts in spending.

Both parties should be criticized for trying to exclude their pet areas and trying to protect their pet tax breaks.

However the left opposes ANY efforts to reform entitlements, their panacea is to tax the wealthy.

That would be exactly the wrong approach. We need jobs not more government spending.

If the left had listened to (gasp) Rush Limbaugh and devoted half the stimulus to marginal tax cuts, instead of the stimulus, we would be our of this mess and not discussing Obama's vulnerability.

Baxter said...

We need to cut spending. LONG TERM, YES.

We should not raise taxes. LONG TERM, NO.

We need to generate economic growth. HOW?

The Liberal/Socialist/Democrats (same thing) will never agree to make any reasonable cuts in spending. THEY HAVE IN THE PAST - THEY WILL NOW, IF GOP AGREES TO RAISE REVENUES.

Both parties should be criticized for trying to exclude their pet areas and trying to protect their pet tax breaks. AGREED IN SPADES.

However the left opposes ANY efforts to reform entitlements, their panacea is to tax the wealthy. NOT TRUE - WEREN'T YOU PAYING ATTENTION TO SIMPSON BOWLES? DEMS WERE ON BOARD.

That would be exactly the wrong approach. We need jobs not more government spending. SHORT TERM, GOV SPENDING = JOBS. THE STIMULUS WORKED WONDERS, BUT ENDED. SO HERE WE ARE.

If the left had listened to (gasp) Rush Limbaugh and devoted half the stimulus to marginal tax cuts, instead of the stimulus, we would be our of this mess and not discussing Obama's vulnerability. $300B OF THE $800B STIMULUS WAS TAX CUTS. MARGINAL CUTS WOULD HAVE BEEN APPROXIMATELY 1/6 AS EFFECTIVE AS DIRECT SPENDING ($.30 vs $1.70).