Trickle Down Economics
October 13, 2006
Trickle Down Ruined By Trickle SpendingÂ
U.S. budget deficit has shrunk by a whopping $71 billion compared to last year. Of course the extra revenues came from increased total tax revenues at lower tax rates. This is a tough pill for a Nancy Pelosi to get.
Whe of course promises to raise these taxes. The Revenue news emboldened the truth of lower taxes increase enterprise, increase jobs which lead to more tax revenues.
The challenge of course is that the more money Uncle Sam gets the more it spends. Can you imagine the Windfall if we were not fighting a Global War on terrorism? Obviously Terror, Disasters, and the normal Fat Head spending, has caused this deficit to occur.
Can you imagine if the Revenues were not there?
In a Pelosi Democrat world, Bush would be impeached (or attempted to anyway), Taxes would be higher, Revenues lower, unemployment thus would rise.
How would they make up for their shoirtcomings? The Democrats would Cut and Run so they could ramp up their entitlements here in the States to assure they “buy off” their next generation of Voters.
Tags: Democrats //Republicans // conservative // liberal // taxes // iraq
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