mrstickball said:
bannedagain said:
Dark_Lord_2008 said:
Vote out incumbent governments. It is time to vote Obama out of government. Besides increasing the deficit from $5 trillion to $15 trillion in under four years. Obama has not done much to fix the American economy.
The majority of elections conducted since the 2007/08 global financial meltdown has resulted in the incumbent government being voted out. Now is time to boot out Obama and give Romney a go. |
Wow your math is a joke. Dude obama is put maybe 5 Trillion on the books and that is because bush cut taxs rather then paying for the wars. So the extra spending is really still paying for bush's f' ups. I'm no fan of OBAMA but you should just not vote. Romney wants to do bush's policies on steroids and cut another 5 trillion off mega millionairs tax's. Raise middle class tax's and cut all social programs, EPA, stuff like clean drinking water or good food. Cool !!! this article just reminded me how stupid voters are.
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For the record, most of the debt wasn't caused by the Bush tax cuts, but by spending. Tax income as a percentage of GDP is indeed lower than average - at about 15.5% (with the historical average being about 18%), but spending under Obama is at 24-26% per year, which is well above the 18-19% average. So although tax cuts are part of the problem, they are a fraction of the issue.
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Tax cuts and spending are basically the same thing. Both raise the defecit. Also, you need to spend to get out of a recession, and then you cut once the economy is better.
