like they said today in the news...Would people finally understand that if the Democrats are the tax and spend, they at least are honest about it and stay within the budget. Every Rrepublican in my memory has overspent the money available and amassed huge debt....Will it soon be said that Republicans are the cut taxes and borrow party?
2007-03-28 19:51:02 · 9 answers · asked by Ford Prefect 7 in Politics & Government ➔ Politics
check out this factual graph on debt and presidents
http://zfacts.com/p/318.html
2007-03-28 19:59:23 · update #1
To Bret....why is it that the Democrats are forced to raise taxes and pay back the loans...it's fine to borrrow for capital improvement, but the Republicans don't know how to anytjing but borrow...they live on plastic
2007-03-28 20:03:46 · update #2
Republicans are already known as the "Borrow-and-spend" party.
Democrats in control at least try to balance the budget, even if it is with taxes. Republicans try to run the ship by going into debt and you know what? They don't care, because as soon as the public gets fed up with it, they vote in Democrats, who have to cut services and raise taxes to balance the budget, getting the blame for the country's sad state of affairs and pissing people off so they vote to get Republicans back in, who in turn cut taxes and start to create a new deficit....
It's an ongoing cycle I like to call "politics."
2007-03-28 20:02:00 · answer #1 · answered by Frank 6 · 2⤊ 0⤋
Both parties waste money on unnecessary things. For example having their office furniture redone when they take office.
Both enjoy spending for their causes. However the republicans love to leave the figuring out where to get the monies from to the democrats. We made the bill now figure out where the cash is coming from leaving the democrats with no choice but to tax. Fiscal responsibility is something that the republicans want to take credit however as I always said actions speak louder then words.
President Bush when he set out to balance the budget which should be balanced within the next five years didn't included the cost of the Iraq war.
For crying out loud that's like sitting down making a household budget and not including the mortgage in the figures.
With the Iraq war the budget will not be balance until our great grand children are adults if we are lucky.
2007-03-29 04:59:21 · answer #2 · answered by wondermom 6 · 1⤊ 0⤋
We BORROW from ourselves to grow the economy, just like any business. You obviously don't own a business.
No needs to raise taxes. If the economy grows, tax revenue increases, the deficit declines. But the long explanation I've given so often I'm tired of hearing myself. Look up "Reaganomics" on Wikipidia. It's not hard to understand how it works.
Businesses can't raise their (taxes) prices in order to grow their (economy) business. They must borrow. Then, when the (economy) business revenues increase (tax revenue) with the expansion, they repay the loans (pay down the deficit). Reaganomics works the same way. You needn't ever raise taxes to pay it back, the economy grows, increasing tax revenues from the larger economy. Reagan's deficit was paid off by 1993, though he borrowed more than any President in history (during a recession, as Bush Jr. did).
Using the same analogy, Democrats would raise their businesses retail prices (taxes). This causes a short-term gain in profits (and a balance budget), but it also stagnates the businesses growth, as fewer products will be sold. And it trickles down in the reverse: manufacturers halt production of "widgets", raw resouce industries quit mining, unemployemnt grows, people have less money to spend, and buy even less products.
Business 101 says a stagnate business is a failing business.
2007-03-29 02:56:58 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Be prepared for a major scaleback in services to the middle class and poor, an end to the tax cuts for the rich, and a hike in taxes for everyone else. Deficit spending has to end. It's going to ruin our economy. Being trillions in debt isn't smart fiscal policy. Ask a housewife.
2007-03-29 02:56:11 · answer #4 · answered by gone 6 · 1⤊ 0⤋
It's a very real possibility if the cons don't swift boat the process again. Vote democrat for real fiscal results - not smoke and mirrors temporary gains.
2007-03-29 02:57:04 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Democrats balancing the budget is what is so funny, I laugh out loud evey time I hear the Democrats talking about what they are going to do. Like they lied this time, to get elected. Democrats are not honest about nothing, they lied to the voters and have done nothing like they said they were going to do. LOL!!! they are just plain funny period.
2007-03-29 02:58:50 · answer #6 · answered by zack 4 · 1⤊ 2⤋
Yes, your observation is correct.
Dems= "tax & spend"
Repubs="borrow & spend"
And people think they're getting a real choice at the polls..
2007-03-29 02:56:10 · answer #7 · answered by eatmorec11h17no3 6 · 1⤊ 0⤋
Funny as in Ha Ha---or funny as in they did it before and they can do it again??
2007-03-29 02:56:13 · answer #8 · answered by Joey's Back 6 · 1⤊ 0⤋
Yeah, that would be Hillaryarious!
2007-03-29 02:55:21 · answer #9 · answered by Anonymous · 1⤊ 0⤋