The man is a genius.
One weapon used by the Democrats in the battle for control of Public Opinion is their re-definition of words that capture the imagination of the Low Information Voter.
For example, a “cut” in spending is a reduction in the projected rate of increase in spending, year to year.
“Investment” is giving away taxpayer dollars as porkbarrel to big donors.
Since all “entitlements” are funded by mandatory taxation of those who earn more than a politician determined minimum, we FReepers should call “entitlements” what they are: Welfare Taxes.
Thus, the main drivers of our tax burden-based National Debt and Annual Deficit are as follows:
* Welfare Social Security Tax
* Welfare Medicare Tax
* Welfare Medicaid Tax
* Welfare Obama”care” Tax.
The latest from the Genius of Chicago* (any resemblence to the “Genius of the Carpathians”?)
So increase taxes, everyone cuts spending, economy slows down further, thus lowering tax revenues. So, O Great Genius, what would be your answer to that?
*nothing to do with the Chicago School of Economists, who are considered by such progressive luminaries as Thom Hartmann and Mike Malloy to be in cahoots with the Nazis and crony capitalists.
FUBO, FAD, and FAL/P! see tagline.
It’s like calling tax credits, to people who don’t pay taxes, “tax refunds.”
Oh yeah—and taxes are merely “payroll premiums.”
When you honestly assume that all the wealth of the nation belongs to the government, and what individuals are allowed to control is an “expense”, then, yes, a tax increase is a reduction in expenses, and therefore a “spending cut”.