Rick Perry's economic plan: Can he balance the budget?

Discussion in 'Politics' started by freedombecki, Nov 1, 2011.

  1. freedombecki
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    freedombecki Let's go swimmin'! Supporting Member

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    Rick Perry has an economic plan. He wants the federal government to spend less money, and he wants huge tax cuts. Oh, and a balanced budget by 2020. Here's the rub: Perry's plan would drastically reduce the amount of money the government collects in taxes. Link to article


    Aw, the naysayers cast off the winning strategy with "Oh, and a balanced budget by 2020." Gee, a balanced budget would destroy Obama's spendthrift legacy. Awwwwwwwwww :rolleyes:
     
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  2. The Rabbi
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    The Rabbi Diamond Member

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    The history is that lower, simpler taxes and a more stable regulatory environment induce people to start or expand businesses and generate much more economic activity. I think the effects of Perry's plan are grossly underestimated.
     
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  3. NYcarbineer
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    NYcarbineer Diamond Member

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    Most GOP tax plans make the budget situation worse, and this one is no exception.
     
  4. WatertheTree
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    WatertheTree Senior Member

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    Ofcourse you do, youve been championing that fucking weasel since before he announced he was running, before he even had a platform, and before he announced this economic plan. You championed him based off of his record of welcoming illeagal immigration, of treating non citizens better then citizens, of creating minimum wage service based jobs, of cronyism and corruption, and his desire to strip people of civil liberties through tort reform.

    Rick Perry cant balance anything, he is such a fucking moron he is lucky to speak in complete sentences without his corporate sponsership telling him what to say. His spot in the limelight continues simply because of his absense from it.

    A vote for Rick Perry is a vote for big government, corruption, cronyism, and frankly a vote for tyranny. Only dumb morons with lots of money support a dipshit like that.

    Soon you will realize Rabbi that supporting Rick Perry only causes yourself embarassment.
     
  5. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    The deficit was caused by GOP spending.
     
  6. DiamondDave
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    DiamondDave Army Vet

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    The deficit was caused by both GOP AND DEM spending... don't look like an idiot with your hyperpartisan bullshit
     
  7. DiamondDave
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    DiamondDave Army Vet

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    Anyone in the proper position CAN cut the spending... the key is WILL they?? I think whatever leader or party has a lot to prove behind words... and IMHO it can not be some piddly shit cuts... this is going to have to be substantial, if not massive.... with full explanations behind why things MUST be cut that have no business being in government, and also holding the govt up to extreme accountability... stopping payment on contracts that are not being fulfilled, etc
     
  8. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Perry's deficit in Texas was first wiped out by the stimulus and now it back to being daunting..again.

    If he can't do it in Texas..a state with big oil reserves..what makes anyone think he can do it in the good ole USA?
     
  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    When Bush sat his ass in the President's seat..he was faced with a daunting Surplus..chief. Got it?
     
  10. The Rabbi
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    The Rabbi Diamond Member

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    Has the budget been worse or better with Democrats in control of Congress?
     

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