cbirch2
Active Member
- Jul 9, 2011
- 1,394
- 49
- 36
So now he's all for raising Taxes during a Recession and raising the Debt Limit? Why the sudden change of heart? I think he owes the American People a credible explanation for these astounding Flip-Flops. Crazy stuff for sure.
Geithner already outed the real reason: To Prevent Government From Shrinking.
All of Obama's obfuscations are designed to conceal this fact because he knows that the majority of the public wants the government to shrink.
1. o surprise republicans won a midterm election after the previous election was decided by young voters. Look at voter turn out and then tell me the republicans have a "mandate". The concept of a mandate, no matter who uses it, is a totally created concept created to give the illusion that the country wants one ideology, when really its always fairly split.
2. Harsh austerity programs can lead to a cyclical economic downturn. Thats what happened to greece. They got bailed out and cut back the government, so GDP and revenue fell. So they were in the same situation and now need a second bailout and more austerity programs and it wont work again.
Government does provide a source for jobs for a few hundred thousand people, maybe a few million. Those jobs lost are going to decrease buying power. You need to freeze government and make cuts without massive layoffs.
A simplified tax code would also be awesome. Im a liberal, but i could go along with a lower corporate tax rate. Lower rate rate, less exemptions. Id like a revenue increase but i think the simple fact that the tax code is simpler would free up corporate resources.