JFK said that if taxes are cut the resulting economic activity would actually increase gov't revenue. And he was proven right. And for BBSAM, Bush's tax cuts actually provided a very good economy while conducting 2 wars. What brought it down was all that bad paper from giving loans to those who couldn't afford them. IF we had been prudent things would be very different today. Which brings us to the ultimate reality: Far left Dems can't govern. They have fundamental misunderstandings about the way things work. They want some idealized society where all outcomes are equal. Been tried before, everyone but the leadership ends up miserable. And say what you want, Reagan was the catalyst that broke, then broke up, the Soviet Union. And MrFedEx, before you start screaming at me, I'm very well aware that many Republicans are just greedy bastards who talk God, country, and apple pie to get our vote. Heaven help us if they ever get their mitts on our Social Security contributions. Fact is, U.S. CEO pay is so ridiculously out of proportion with the rest of the world it's ludicrous. And where Bush and company were bad was allowing the bulk of income growth go into relatively few hands while the rest of us got squeezed. But replacing our system with socialism won't improve things i.e. Europe, China, Vietnam, Russia. Absolute hubris to believe they are the ones who'll get it right.
Here's a reality check. We long for the good old days, want the strong, economic giant of the 50's. Have you given any thought why we were the country then that we aren't now? Coming out of WWII Europe and Japan were devastated. Russia was communist, China was about to be. India was a colonial backwater. No country had the industrial might that we did. But eventually things got rebuilt and countries became more and more competitive. And our corporate leaders put profits above loyalty to U.S. workers. So now we live in a service based economy, and our leadership has let an illegal immigration take place that further puts downward pressure on our pay and benefits. Ask construction workers in California with mortgages and kids what it's like to compete with illegals who'll work for half as much. Slam the Tea Party all you want, but they are rightly concerned about a gov't that's mandating paying for expensive health insurance when many have a hard enough time just finding work that'll keep them housed and fed. They are rightly concerned about raising taxes when the economy is so bad. People can't just keep paying and paying and paying. They are rightly concerned about how beholden the gov't is to environmental extremists. $7 a gallon gas with cap-and-trade? That'll kill our economy, will kill FedEx. Give Bill Clinton credit, when the Republicans took over Congress in '94 he gave up on pushing a liberal agenda and governed from the center. I don't think Obama has it in him to do that. He'll be a 1 termer, and it'll be a long time before the majority of voters will trust a Democrat with the presidency again.
