Re: Deficit - so what?

["Sean Reilly" <seanjreilly@xxxxxxxxxxx>]

Why is it a bad thing to offer the tax cut for the so-called "rich", when it
is they who will invest it, thereby producing jobs for the underemployed
folks that the Dems just want to hand the cash to?

Politically, it makes the underemployed more dependant on the Gov't. and the
Dems get to say that they fought the so-called "rich"  {insert industry of
the week here), or that it is because of them being in office that Joe
Average receives his Entitlement Check in the Mail from the Government.  So,
the thought is that Joe Average is too stupid to think for himself and
decides that Rob Politician is "on his side".  So, Joe Average goes to the
polls and votes for Rob Politician.  In the final analysis, the Democrats
are using their time in office as a welfare program in which they hand out
the moneys that were stolen from tax paying citizens, like myself, to Joe
Average, who refuses to go out and work for his money.  Most Republicans
actually take a pay cut to work for the Government, which is rather telling
if you think about it.

Sean
----- Original Message -----
From: "William F Hummel" <wfhummel@xxxxxxxxxxxx>
To: <pkt@xxxxxxxxxxxxxxxx>
Sent: Thursday, November 29, 2001 1:41 PM
Subject: Re: Deficit - so what?


> Sven Larson wrote:
>
> >After last year's disagreement between democrats and republicans in the
> >presidential campaign over the budget deficit issue, it lloks like some
> >sort of consensus is emerging from the awareness that there actually is
> >a deficit ahead:
> >
> >http://www.nytimes.com/2001/11/29/business/29ECON.html
> >
> >An interesting passage:
> >
> >"Both sides said they were willing to run deficits for a year or two in
> >an effort to revive the economy and pay the bill for national security."
> >
> >Of course, paying down the national debt is still a "priority". Despite
> >that, the fiscal policy outlook is slightly more positive in the US than
> >in the EU.
> >
> >Agree?
>
> In truth there is no fiscal policy in the US.  There is a mile
> wide gap between the republican and democrat views on where the
> deficit spending should go.  With a party split in Congress, and
> a president who would likely veto the democrat position if it
> succeeds in Congress, where is the fiscal policy?  It is just a
> meaningless phrase, as it has been for about eight years.
>
> William F Hummel
>
>