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Default tax guts GROW the deficit!

On 15/07/2010 7:54 PM, bpuharic wrote:
right wingers say that cutting taxes on the rich is a way to build the
economy.

turns out it doesn't. and it's right wing economists who say
so....while right wing politicians like george bush and mitch mcconell
and the tea baggers sell snake oil, they are bankrupting the american
middle class while bankrolling the rich

http://www.theatlantic.com/business/...deficit/59728/
http://voices.washingtonpost.com/ezr...vative_el.html


More Obama covering his ass.

With 650,000 no longer looking for work last month, there are 650,000
fewer taxpayers. Given this has been going on for two years, many
millions have dropped out of the taxpayer base.

Government revenue has plumeted. Even corporate taxes are less as
earnings are generally lower.

But the real cause is he huge trillion dollar per year balloon of
governemnt spending.

Obama doesn't know squat about economics, just how to manage and control
sheep.

--

Government has liberals, idealists and lawyers, but where is the common
sense?
 
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