On Wed, Jan 7, 2009 at 7:02 PM, Judah McAuley <[email protected]> wrote: > The question is not so much spending as it is about useful spending. > Is the spending helping to keep us safe? Is it helping grow the > economy and provide gainful employment? Increase salaries and provide > basic services and welfare for our citizens? Does it help decrease > deficits in the future by providing investment that results in > increased returns?
So we add yet another bean counter to the system to decide what works and what doesn't. Well missile defense isn't profitable and it's pissing off the Russians. Get rid of it. What about all the unproven weapons O's promised to get rid of? > We tried tax cuts for the rich. Deficit spending helped grow the GDP > but real-dollar wages were down for all but the very wealthiest. Tax cut's didn't cause deficit spending, they created more tax revenues. Congress spent the money and Bush refused to veto. > We tried one-time stimulus to taxpayers in an effort to boost consumer > spending. It worked briefly but didn't have a sustained effect. That's because Schumer crashed the banking industry as an October surprise to bring home the win for Obama. > We could cut spending a great deal right now and cut taxes across the > board and drastically reduce the size of government. But people would > suffer, it wouldn't help our economy and no serious economist that > I've seen, right or left, is proposing that at this time. You're against cutting wasteful spending but you want to hire someone to do it? > Things are going to be hairy for awhile. But if we focus on investment > in infrastructure, efficency, wealth building for the broadest base > that floats our consumer-driven economy, then we should recover. We don't need infrastructure spending, we need more tax cuts and to stop encouraging consumers to spend money they don't have. It will hurt but so many got rich because it's to easy to buy on a whim and worry about paying later. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:284182 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
