Brain357
Platinum Member
- Mar 30, 2013
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- #121
How are we collecting money from China?Short term pain = long term gain. Democrats have always been short-sighted. Case in point, they still believe the way to increase tax revenue is to increase taxes vs lowering taxes and allowing organic growth to take place, add more money to the coffers from more money being made and spent. They prefer to just take it and get the short term gain. Idiotic, but that is why more than 1/2 our population has no money saved and lives pay check to pay check. Not coincidentally, it is also why about 1/2 our population votes for Democrats. They buy into liberal, nonsensical economic policies.
BTW, based on inflation rate, which is 1.8%, about 1/2 of the average in the world, there hasn't been much pain yet, just collecting a lot of money from China.
We have trillion dollar deficits, the tax cuts aren’t paying for themselves...