Here is the hook Conservatives should be watching for in this sudden concern by Dear Reader and the Democrats for “Deficit Reduction” The White House propaganda machine is equating tax cuts and spending. They are laying the public relations foundation for why they will resist any calls to cut taxes.
We must have tax cuts if we are to have any hope to get this economy growing again. They know this is politically popular. 61% of voters in the latest Rasmussen poll favor tax cuts over additional spending to get the Economy moving. Democrats know they are on the wrong side of this issue with the public so they are trying to create a election year campaign line for their candidates to use to justify why they oppose tax cuts .
Democrats, having increased spending to record levels, will now use “Deficit Reduction” as their excuse to resists any calls to reduce taxes. They will also offer up the fraudulent notion that “Freezing spending” will cure the Deficit.
No it will not.
Just freezing spending at it’s current overly high rates will not cure the deficit. Only a combination of increasing revenues and cutting spending will fix the Deficit. We can only get the increase Government revenues by growing the economy. Raising taxes stifles economic activity thus leading to less revenues over time.
On the other hand, Tax cuts increase revenues over time by increasing economic activity. Government revenues increased when JF Kennedy cut taxes, it increased when Ronald Reagan cut taxes, it increased when GW Bush cut taxes. So watch for this deceit about “Deficit reduction” from the 0 regime and the Democrats. It sounds really wonderful and responsible on the surface, but it is, in fact, just another lie.
Can someone please explain how, with this record deficit, both the NASDAQ and DJIA are BOTH UP!!???