Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Bush taxcuts major cause of debt and deficits...

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-06-12 06:17 AM
Original message
Bush taxcuts major cause of debt and deficits...

...and the debt and deficits are major cause of spending cuts in all the social programs. How difficult is that to understand?

Unfortunately, these are now the Obama taxcuts. We are going to ride that taxcut horse across the finish line in November. Meanwhile, the deficits get larger and larger. The spending cuts become more and more of an issue. It's a lose-lose situation.

This one issue will be the demise of the Democratic Party as we now know it. We are morphing into something other than a Party that speaks up for the most needy in our society. We are losing those programs that help these folks. Instead, we say we are for taxcuts for everyone making less than $250,000 dollars. That is fine and dandy but there will be less revenues to pay for the programs that help most of the people in the lower ranks of the Democratic Party.

Yesterday, Bill Clinton suggested we should extend these taxcuts once again because we may be going off a fiscal cliff. We are going off the cliff primarily because of the taxcuts. It makes no sense and our leaders are destroying our Party.

So we have finally found something we can compromise on with the Republicans? We can cut taxes more for the wealthy and balance the budget on the backs of the poor and needy. That is a winning platform if you are a Republican.
Printer Friendly | Permalink |  | Top
NCarolinawoman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-06-12 05:57 PM
Response to Original message
1. Are the tax rates now akin to the rates during the "Gilded Age"?
Or are they more akin to the years right before the depression?

The Republican party should be known as the party of "Hooverites". I wonder if Obama would be bold enough to address them that way.
Printer Friendly | Permalink |  | Top
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sat Jan 20th 2018, 08:59 PM
Response to Original message
Advertisements [?]

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC