Wednesday, February 06, 2013

Thought of the day

Obama say spending cuts are bad as they take money out of the economy but he just finished arguing tax increases are good  even though they will have the exact same result.

4 comments:

  1. I mean there is the obvious fact that one is certain to go back into the economy, versus ending up in a bank but whatever.

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  2. End up in a bank? All those banks that are in Obama's back pocket right?

    But the banks will then make loans with the money to "go back in the economy", and earn the bank a profit (that gets taxed), to invest again - good deal all around.

    However, money that flows through the money changers in the Federal government feeds a bureaucracy, ends up in black holes (Solendra, Post Office), foreign aid (Egypt), deficit spending, debt upon debt for entitlements.

    Debt that we as a country will NEVER be able to pay back, even if you zeroed out the DOD budget today and taxed ALL the wealth of every "rich" person.

    But keep on taxing and spending, liberals. Your aim is the absolute destruction of this county - and the banks - that you hate.

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  3. For what it's worth, tax increases continue to circulate in the economy because they enable government spending. This is not an endorsement of Obama policy, however, one should have some understanding of Mr. Keynes.

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  4. @ End up in a bank? All those banks that are in Obama's back pocket right?
    - Huh? Are you saying our President, the President of the USA is corrupt? The only black hole going on is the highest rate of corporate non-tax paying ever known. Hence we are not supporting education, health and progress for ALL Americans and giving it to the rich. Why is it that the liberals had a surplus under Clinton? Really, what does it say on the Statue of Liberty? "Give me your tired, your poor,
    Your huddled masses yearning to breathe free, - http://en.wikipedia.org/wiki/The_New_Colossus
    You don't like the US Post Office? How about the US Interstates? TVA? Education must be horrible and health care the worst. NO - we take care of our people, and let them learn and grow and be healthy. And hence gain a surplus - ALL the people of America.

    ReplyDelete

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