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Keep in mind, close to a trillion of this deficit was cause making a bunch of fraudulent fat cats whole again.
BTW: I hate taxes as much as the rest of you.
But some people have some weird math...
Taking in less and spending less, makes enough additional income to pay off debt? In what alternate universe?
Seems to me, with my poor mathematical skills, one would need to increase their income and reduce their spending in order to have enough residual funds to pay down one's debt, right?
I mean, but what do I know, I was told I was wrong when I complained about Bush cutting taxes and then increasing spending while also starting a war.
or was I?
And now we are facing the consequences.
But really, it is the Democrats and Obama's fault, especially if you listen to the teabaggers.
The republican/conservative mantra is that cutting taxes on the rich and cutting capital gains taxes results in job growth.
Where are all those jobs now that we have had the tax cuts for 10 years?
Maybe the rich and the big corporations just pocket the money, or invest it in Wall Street to make more of it, rather than creating jobs.
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They hire based on need, not excess funds
"Hey, we have an extra $50,000, let's hire someone we don't need"
"Great idea!"
Also, they'll have to do this without becoming the Evil Big Gov't types that Crowd Out the Private Sector; hence, Private Sector employment via said "Acts" thru the use of private sector contractors...etc. Seen the signs on the Freeway, lately?
The tax-cuts? Way to close to the 2012 Elections to NOT get "extended".
The thing they could do to be heroes? Facilitate Credit for Biz...proll'y via some legit-SBA activity and proll'y have to "Manipulate" the Fi-Sector.
But, I could be wrong.
I'm jus' sayin'...
(I actually DON'T believe that, as it is a 3 syllable word so that means that MOST Americans don't even know what it means)
But if it is, how do those deficit-worriers reconcile continuing those tax cuts at the expense of the deficit?
What Cheney meant to say is "deficits don't matter, as long as a Republican is doing the spending"
I guess that's soon the be the Smartest Man in the Far East, right?
I, for one, can't fucking wait.
WIth current tax income, cut a bunch of wasteful spending and use that money for debt reduction...it's that simple.
Bush isn't in office right now. No matter what he did...whining about it isn't going to solve the debt problem.
There is a debt reducing spending level at any tax income level...government needs to eliminate spending to get there.
Were you only able to pay your debts in the year when you made the highest income and unable to pay down debt in all the others?
Pit Row
Have a great holiday.
Classic.
What 'Team' are you on?
What do you DO for the Team?
How do YOU make a difference?
Or, worse, yet: A Capitalist!
wawawaaaaaaaaaaaaaaaaaaa
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