Friday, September 24, 2010
A new contract on America, hooray! This promises to be better than the one in 1994. We're going to cut taxes, eliminate Obamacare, cut spending. Happy days are here again, just don't look at the details. We're going to cut spending everywhere except defense, medicare, and social security. Gee that doesn't leave much of the budget. Maybe if we make that part of the budget zero we can cover the increase in defense and if there is any money left over we could give the richest 1% another couple of percent reduction in taxes. The wealthy in this country are struggling so hard just to put food on the table that they can't even think about hiring anyone. This plan is crazy. If cutting taxes is so great why don't the Republicans join Alan Grayson in his plan to exempt the first $30,000 in income from taxes paid for by cutting defense 1%? Why are we building a strike fighter plane when we have enemy that we can't defeat with existing aircraft? We are told that if we would just make the tax cuts permanent everything will be ok. We have had the tax cuts for 10 years and everything is not ok. In fact everything fell apart under Bush. You can't even blame Obama's spending. It all happened before. If those tax cuts didn't work may be we should have bigger tax cuts and revenue will magically appear. Keep hoping.