Deceitful Charlatans
Many people are ignoring the fact, that there are only three ways to reduce our national debt. Increase taxes, cut spending and get our country out of this recession so that more people are employed and paying taxes.
Republicans are against raising taxes, especially on the very wealthy, but when it comes to the issue of cutting spending, they won’t name a single program, that they would cut. They refuse to go on the record and announce that they're in favor of cutting Social Security, abolishing Medicare and Medicaid or drastically cutting the Pentagon budget because they’re playing it safe.
They expect uninformed, frustrated and angry people to vote for their candidates, on a promise, that once they get elected, that they’ll come up with a plan to reduce the deficit. It’s a cynical ploy, because many of them are deceitful charlatans, who don’t have a clue on how to get things done in Congress.
Unless, we get out of this recession and get many more people employed and paying taxes, reducing the deficit will never happen. If the voters put Republicans back in control of our county, we will most likely see a deepening recession and it’s possible the unemployment rate would again drop to 25% as it did in 1933.
Small businesses are the key to our economy, since they create two out of every three new jobs. Congressional Democrats want to make sure that small businesses are getting financing and want to cut their taxes in certain key areas. Obama has propose that we eliminate capital gains taxes on small businesses so that when they’re starting up and don’t have a lot of cash flow, they get a tax break.
Obama said: “After they drove the car into the ditch, made it as difficult as possible for us to pull it back, now they want the keys back... You would have thought at a time of historic crisis that Republican leaders would have been more willing to help us find a way out of this mess. Particularly since they created the mess."
Republicans are against raising taxes, especially on the very wealthy, but when it comes to the issue of cutting spending, they won’t name a single program, that they would cut. They refuse to go on the record and announce that they're in favor of cutting Social Security, abolishing Medicare and Medicaid or drastically cutting the Pentagon budget because they’re playing it safe.
They expect uninformed, frustrated and angry people to vote for their candidates, on a promise, that once they get elected, that they’ll come up with a plan to reduce the deficit. It’s a cynical ploy, because many of them are deceitful charlatans, who don’t have a clue on how to get things done in Congress.
Unless, we get out of this recession and get many more people employed and paying taxes, reducing the deficit will never happen. If the voters put Republicans back in control of our county, we will most likely see a deepening recession and it’s possible the unemployment rate would again drop to 25% as it did in 1933.
Small businesses are the key to our economy, since they create two out of every three new jobs. Congressional Democrats want to make sure that small businesses are getting financing and want to cut their taxes in certain key areas. Obama has propose that we eliminate capital gains taxes on small businesses so that when they’re starting up and don’t have a lot of cash flow, they get a tax break.
Obama said: “After they drove the car into the ditch, made it as difficult as possible for us to pull it back, now they want the keys back... You would have thought at a time of historic crisis that Republican leaders would have been more willing to help us find a way out of this mess. Particularly since they created the mess."
posted by Jim O'Leary | 10:44 AM
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