Bush TAX Cut Extensions Will Increase Deficit

Discussion in 'Economy' started by Toro, Oct 31, 2010.

  1. Toro
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    Toro Diamond Member

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  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    You mean "Bush Tax Cuts"?

    The answer is still for the gubamint to reduce spending. The average Joe gets a smaller paycheck he reduces spending, gubamint can do the same. I'm tired of hearing bullshit excuses from our gubamint about "we have to PAY for tax cuts!"

    Bullshit! You just have to spend less.
     
  3. uscitizen
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    uscitizen Senior Member

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    Bush Cut Extensions Will Increase Deficit


    Of course they will, why do you think the republicans support them?
    They will just blame it all on the dems anyway.
     
  4. loosecannon
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    loosecannon Senior Member

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  5. Greenbeard
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    Greenbeard Gold Member

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    Does that mean you would oppose any deficit-financed extensions of (any of) the tax cuts? That is, any bill to extend the tax cuts that doesn't include offsetting spending cuts?
     
  6. asterism
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    asterism Congress != Progress

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    This all assumes a static view of the economy which is false. Does anyone know of a projection made by the CBO that came true?
     
  7. uscitizen
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    uscitizen Senior Member

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    Very true, with the economy continuing to sink it will be worse than predictions.
     
  8. Toro
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    Toro Diamond Member

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    Yes, the title should say "Bush Tax Cuts" not "Bush Cuts." My bad.

    If the mods would mind changing that, it would be appreciated.
     
  9. asterism
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    asterism Congress != Progress

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    A disincentive to invest will cause the economy to sink further, IMO.

    The economy decreased, government needs to decrease proportionately.
     
  10. loosecannon
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    loosecannon Senior Member

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    and so is business investment decreasing in turn.

    But new investment will do no more to revive this economy than will deficit spending and porkulus.

    Like it or not there will be no recovery until we bottom out. Neither Obama or the repukes can do anything about that.
     

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