Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: C. Edmund Wright
Our problem is both. I’m going to go out on a long long limb and say that you probably do not now, nor have ever, run a business and hired poeple.

Project much? I have, for years, owned a profitable, medium-sized business that employs several dozen people. Haven't laid off anyone, haven't cut any hours, nor have I cut any benefits since the economy went south - And we continue to make a profit to this day. Not that any of that matters here, but you did raise the issue.

Our problem is most assuredly both. Currently, though, spending is creating the much bigger challenge to long-term sustainability for our society than the tax structure is.

95 posted on 10/19/2011 12:13:00 PM PDT by WrightWings (Remember, Remember, the Fifth of November...)
[ Post Reply | Private Reply | To 92 | View Replies ]


To: WrightWings

>> Our problem is most assuredly both. Currently, though, spending is creating the much bigger challenge to long-term sustainability for our society than the tax structure is. >>

The long term sustainability has to do with deficits, of which spending is the main (but not only) culprit. The other culprit is a dying economy which is killing revenues.

I assume you agree that the problem with government spending is that we are running up huge deficits.

Now as a business owner, I would have thought that you would have intuitively known that the only way to reduce such a deficit is by both cutting spending and by increasing revenue. We’ll NEVER get their by cuts alone. We just can’t. The hole is too big.

As a conservative, the only way to increase revenue is to grow the economy. The main goal of 999 is to grow the economy. Thus it is a deficit attacking idea just as his “10% across the board plus deep dive” plan is a deficit attacking plan.

Thus I was not projecting, but merely extrapolating that your reasoning and emphasis was not the standard reasoning and emphasis of a small business owner.


97 posted on 10/19/2011 12:20:06 PM PDT by C. Edmund Wright
[ Post Reply | Private Reply | To 95 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson