Sunday, April 30, 2006

The Truth About Liberalism: #2 Taxes and Money

When most people decide who to vote for, they vote for the person who will look out for them and represent their views. This usually means they will vote for the politician who lets them keep as much of their money as possible. People don't like taxes, so a politician who promises tax cuts seems appealing. In recent years, the Republican party has had a big thing for tax cuts. That would be fine, if we had a record surplus of money and very little debt, but the reality is that we have a record deficit and we're swimming in debt. The poor money managing skills of the ruling republicans in Washington are causing these fiscal shortcomings to balloon. Someday, that money's going to have to be paid, probably extra taxes for the next generation.

Still, most people who love money more than the future (a surprising amount), believe the myth that democrats will just tax them into poverty and waste the money on huge, meaningless programs. This is far from the truth, and we've got worse now. Republicans are spending money they don't have on huge contracts for their friends who aren't rebuilding anything in Iraq, and they're spending it on huge, meaningless programs, for instance the prescription drug plan. When congress voted on it, the cost estimate was less than half of what its predicted cost is now (a conservative estimate you could say). Now, not many people are getting financial help with their meds because the program is a joke with a mountain of paperwork that's going to drain the wallets of Americans for years to come.

This is why, whenever George W. asks congress to make his tax cuts permanent, even enough conservatives balk that it never happens. The vast amounts of money required to run a country with all the services that we enjoy needs to exist, we can't just spend it.

Republicans have shown that they don't know the first thing about financial responsibility, maybe it's time to let somebody who will fight for you, your money, and America's future try. Like a Democrat.

7 comments:

Anonymous said...

i didn't read it yet, but good job for starting back up.

Anonymous said...

You are so right-- The future generations will pay dearly for what is being done at the time(running up huge debts) I have never quite figured out how you can spend money and reduce taxes and make it come out even.. I would like to see some comments on the drug program that the government is trying to stuff down everyones throat. It has been a real difficult thing--especially for the poor and vulnerable. I wonder how many people got really sick because of mixups and denials.

Anonymous said...

you talking about Medicare?

Anonymous said...

If you hate this blog so much, why do you keep coming back

Anonymous said...

Luke

Anonymous said...

imperial exalted assistant of the imperial exalted leader of the leyjon of the knite howk:

"Never come Back"

Anonymous said...

Chris, you and that weird guy scared Luke away...