Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Watch Your Wallet (Here's a preview of the Democrats' economic policies)
Wall Street Journal ^ | December 20, 2006 | PETE DU PONT

Posted on 12/20/2006 12:09:33 AM PST by RWR8189

Sixty-one percent of Americans believe President Bush is not doing a satisfactory job. And more than 70% think the Republican Congress has failed to perform its job satisfactorily.

The continuing war on terror is one reason, but so are congressional spending, earmark excesses, and the corruption of House Republicans DeLay, Ney, Cunningham and Foley. In the six years of this administration overall spending has risen by 49%, and nondefense discretionary spending has increased by an average of 7.7% a year. The number of congressional spending earmarks totaled 10,656 in fiscal 2004 (costing $23 billion), 13,997 in 2005 ($27 billion) and just under 10,000 this past fiscal year ($29 billion). The Republican Party has become the party of big government.

But political supporters will take only so much contrarianism, so in the November election disgusted Republican voters allowed--even helped--both houses of the Congress to be taken over by the Democratic Party.

So will the Democratic Congress be any better than the Republican Congress was? A look at half a dozen likely policy proposals makes clear the answer will probably be no:

• Tax Increases. From the liberal perspective the good news is that the major Bush tax cuts will expire in 2010.

(Excerpt) Read more at opinionjournal.com ...


TOPICS: Business/Economy; Editorial; News/Current Events; Politics/Elections
KEYWORDS: demtakeover; taxhikes

1 posted on 12/20/2006 12:09:36 AM PST by RWR8189
[ Post Reply | Private Reply | View Replies]

To: RWR8189
Damn nasty article to read before going to sleep.
:)
2 posted on 12/20/2006 12:12:27 AM PST by kinoxi
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

The republicans seem unable to define their issues, they continually allow the democrats to demonize them and let the charges go unanswered effectively. The republicans do the right thing, but just are not articulate enough to say so.


3 posted on 12/20/2006 1:58:47 AM PST by tkathy (Sectarian violence? Or genocidal racists? Which is a better description of islamists?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

New Tax Plans Would Be Costly For Everyone (WI. RAT's can't wait to raise taxes.)
http://www.freerepublic.com/focus/f-news/1754327/posts


4 posted on 12/20/2006 2:39:29 AM PST by quietolong
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189
From the liberal perspective the good news is that the major Bush tax cuts will expire in 2010. So if the Democrats simply do nothing, the tax rates on lower-income individuals will rise to 15% from 10% and on higher incomes to 39.6% from 35%. Clinton Treasury Secretary Robert Rubin says that tax increases are the only way to solve the nation's fiscal problems, so that will be the Democratic strategy.

The liberal perspective in a nutshell.

5 posted on 12/20/2006 2:47:35 AM PST by EGPWS
[ Post Reply | Private Reply | To 1 | View Replies]

To: tkathy
The republicans do the right thing, but just are not articulate enough to say so.

The MSM comes to mind....

6 posted on 12/20/2006 2:50:11 AM PST by EGPWS
[ Post Reply | Private Reply | To 3 | View Replies]

To: RWR8189
I think one of the first things the dems will do and the republicans will let happen will be taxation of your employer sponsored health benefits. It'll be pushed under the guise of bringing consumerism to the health care marketplace.
7 posted on 12/20/2006 2:59:18 AM PST by Rumple4
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rumple4

Employment benefits are income and ought to be taxed. But it should be done as part of tax reform with rates adjusted downward to compensate for broadening the base, not as an ad hoc, backdoor tax increase. That said, I doubt that organized labor would support such a move and I can't see the democrat puppets rebelling against the puppeteer on such a matter.


8 posted on 12/20/2006 3:14:33 AM PST by sphinx
[ Post Reply | Private Reply | To 7 | View Replies]

To: RWR8189

lib/dems....never met a tax that could be increased or passed!!!!

just keep singing the George Harrison song...Taxman....

coming to a town near you!!!!


9 posted on 12/20/2006 3:25:43 AM PST by hnj_00
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

Thinking of the 'Boston Tea Party',

maybe we should all go sign up for any and all benefits,

even if we aren't eligible.

Any tax rate in double digits, 10% or more,

should be banned forever,

for the sake of freedom.


10 posted on 12/20/2006 3:33:17 AM PST by Son House
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

The WSJ forgot the big tax increases to combat global warming.


11 posted on 12/20/2006 3:44:23 AM PST by DugwayDuke (Conservative have so many principles that they won't even vote for themselves.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWR8189

America voted for "change".

Burning down the house. That's also a kind of a "change".


12 posted on 12/20/2006 3:51:07 AM PST by samtheman (The Democrats are the DhimmiGods of the New Religion of PC)
[ Post Reply | Private Reply | To 1 | View Replies]

To: tkathy

"The republicans do the right thing, but just are not articulate enough to say so."

They lost the both houses because they don't do the right thing. They have become liberals. They're fumbling now to "redefine" themselves the same way liberals do when they lose power. That means a departure from the conservative principles that got them elected in the first place.


13 posted on 12/20/2006 4:36:30 AM PST by wgflyer (Liberalism is to society what HIV is to the immune system.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: kinoxi

"Damn nasty article to read before going to sleep."

Even worse when it is the first article you read in the morning.


14 posted on 12/20/2006 5:10:37 AM PST by EQAndyBuzz ("Give me four years to teach the children and the seed I have sown will never be uprooted." Lenin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: samtheman

Recall elections the day after the first tax increase.


15 posted on 12/20/2006 5:13:26 AM PST by EQAndyBuzz ("Give me four years to teach the children and the seed I have sown will never be uprooted." Lenin)
[ Post Reply | Private Reply | To 12 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

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