...err, I Mean - More On the Economy
This weekend I was watching CSPAN and they had a Democratic pollster going through the list of things that voters are "concerned" about this year. Once again he went off on this so-called bad economy. Voters perceive that despite low interest rates, low unemployment, a strong stock market and solid corporate balance sheets that the economy is poor. Rising prices at the grocery store and stagnant wages are the supposed cause of this perception. In truth it is about prices at the pump more than anything else, but that's a subject for a different day.
So, I ask this: if stagnant wages and higher prices are putting the squeeze on the middle class what do they think higher taxes are going to do? Are higher taxes going to put more money in our wallets? Of course not. Higher taxes are what we are going to get if the Democrats get control of the House and Senate. Oh, but you say the Democrats are for targeted tax cuts for the middle class. In reality they will give tax cuts to those who act the way they want them to act. The beauty of the Bush tax cuts is that they were across the board - if you paid taxes you got a tax cut, period. If the Democrats (and the Republicans, for that matter) do not extend the Bush tax cuts then many people on the lowest rung of the economic ladder will be hit with tax increases because they had fallen off the charts under the Bush plan.
If I was asked what is number one reason I support Republicans - it certainly isn't the social conservative issues and Bible thumping - it isn't their courageous stand on illegal immigration - it isn't flag burning bans or flag waving stunts - it is taxes. The Republicans are 100 times more likely to lower taxes or at least not raise them. When all is said and done the reason this country continues to economically outperform all other countries is lower taxes.
But, but, but, what about healthcare and what about the environment and what about education??? Don't even try to tell me we don't spend enough on that rat-hole called public education. The environment is getting cleaner even as we increase in population and economic output. As for healthcare, yes it is a problem, but we have yet to see a socialist system of state-run healthcare that is really worth a damn.
Democrats will raise our taxes as a feel good measure and the only real beneficiaries will be in Washington DC. Eveyone else will suffer because of it. Is that what you want?
CW
1 comment:
Great point, and one that should be obvious if it weren`t being obfuscated.
I`m going to link it up.
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