By using this site, you agree to our Privacy Policy and our Terms of Use. Close
killerzX said:
Dark_Lord_2008 said:



The jury is still out on whether or not the Bush tax cuts created jobs or simply increased the Budget deficit and added to the national debt. Both sides of politics: Republicans and Democrats engage in class struggle arguments to justify their political positions: basic assumptions or political rhetoric aimed at the common voting American.

letting people keep their own money in no-way increased the debt. the only possible way to add to the deficit is to spend.

spending is what adds to the debt, not letting people keep their own money.

 

sorry i just hate when people say that, as if the government is entitled to our money, or that its already theirs.

Unfunded tax cuts? They definitely increase the deficit. Just like any entity, the Federal Government has a series of constant expenses, spending that is ongoing, and the best way to get further into debt is to have ongoing expenses and yet your revenue stream dries up, which is what happens to troubled businesses all the time, except this time the Federal Government did so willingly.

A real debate would be the efficacy of supply-side economics, or rather, is it better for money to trickle down than to trickle up? Welfare money is just as good as that extra $20,000 you get to keep because of a lower capital gains tax, but who spends it more effectively?



Monster Hunter: pissing me off since 2010.