
10-15-2008, 12:08 PM
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Analyst
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Join Date: Aug 2008
Location: Arizona
Posts: 1,837
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Quote:
Originally Posted by Infinate812
I lived through Ford, and Carter, and Reagan, and Bush, Clinton, and Bush.
You can argue the "purest" point all you want, but you are the only one discussing it.
We are looking at the results of what 3 out of the last 4 Presidents have practiced. Reagan started this with his "version" of trickle down economics. The small step taken toward full trickle down economics started the dwindling spiral we now call the National Debt. 11.5 trillion and counting. Brought to you in large part by the Republican Party and the push TOWARD trickle down economics.
If it really works, then even moving toward the pure system would have been positive. The numbers just don't show it.
I say, lower taxes for the middle class, which will eventually push up demand, and see how that does for the economy.
Because I know for a fact, as a middle class citizen, I watch every penny and spend less under the current system. My demand is down.
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The middle class (40% - 60% of the income bracket) pay less than 5% of the total income tax burdon. Tax cuts should go to those that PAY taxes. I am sure spending had a lot more to do with the ND than tax cuts.
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Your rights are not dependant upon whether or not the State can raise enough tax revenue to fund them.
If millionaires in Washington want insurance to be available to everyone, regardless of preconditions, and for the cost to be low, they should pool their resources and start their own insurance company and provide just that.
"We're not going to have others carrying the burdon for you." President Obama
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