Why do we always here about the billions of dollars that will be cut from the defense budget due to the sequestering deal at the end of the year, but we never hear that an equal amount is supposed to come from cuts in entitlements? Is is because the Obama Socialists have no intention of cutting those, no matter the “deal” they supposedly made? The entire cut will probably come from defense, because they always support that.
The Democrats lied to Reagan and didn’t cut spending after he raised taxes. The Democrats lied to Papa Bush and didn’t cut spending after he raised taxes...and even crucified him in his re-election bid because he raised taxes!
So Republicans who would raise taxes now, on the worthless promise of the Democrats that spending will be cut, are really too stupid to hold office.
Only a minor correct, you had it almost entirely correct. My compliments.
Former President Reagan increased revenues after eliminating deductions (minor ones). The deductions eliminated were deductions (mostly) for those in lower income brackets. Then came the deal, the hand shake, the jobs (lots of jobs), and increased revenue from jobs created. It became a boom in no time. Incomes increased, jobs increased, revenues increased. This time the situation is a little different. There is no jobs plan or methodology whereby the democrats are interested in job creation, at least not from what have seen. No jobs, equals less revenue. Also there were tax cuts to create jobs. No such plan this time. I pray you are not angry with me for typing this bit of information. I really think you did a fine post. And btw ... what do I know? I only alive during that time of President Reagan's successful deal. It was a wonderful time.
Why do we always here about the billions of dollars that will be cut from the defense budget due to the sequestering deal at the end of the year, but we never hear that an equal amount is supposed to come from cuts in entitlements?
Because the Republicans are idiots. During the last debt ceiling debate, Boner and the morons in the GOP controlled House caved in and agreed to a Democrat proposal to automatically slash defense spending upon inability to agree to other government cuts.
The GOP are the Stupid Party, just getting more stupid every session. They can’t stand to win and are very very good at losing.