The Democrats philosophy is Tax and spend,.........the Republicans philosophy is "borrow & spend?

Question

In other words, the Democrats pay as they go (except under Clinton we had a balanced budget and actually had a surplus money to help pay off the previos national debt).

Now after all these years of Republican rule, can we now blame the "Republican Borrow and Spend" economics for the current stock market crash and financial institutiion collapse?

And who is going to pay for all the trillions of tax payers dollars the Fed Reserve is pumping into the markets to support the rich? And who is keeping track of this bill, so that the fat cats can pay the tax payers back?

Answer 1

Runaway spending for an unconstitutional, illegal, unjustified, immoral 'war' has put American taxpayers TRILLIONS of dollars in debt, all for the sake of OIL and WAR PROFITEERING.
The United States will be hit with the worst economic depression in its history shortly after Bush leaves office. That's why you'll see only a mediocre attempt on the part of Republicans to win the '08 elections. They know this depression is coming, and they also know that if the Democrats are in office when it strikes, the people will blame the Democrats. That will position the Republicans to come back strong in 2012 as the 'heroes' who can bail us out of the depression - kind of a complete reversal of what happened after the 1929 stock market crash. -RKO- 08/16/07

Answer 2

When Dems "tax and spend" they take dollars out of the productive, private sector and spend them on social programs which are focused on redistributing wealth. Republicans are for lower taxes WHICH INCREASE TAX REVENUES - REVIEW THE DATA THIS HAPPENS EVERY TIME TAXES ARE CUT!!

I realize that many people are economically illiterate and therefore foolishly believe Dem politicians who start whining that "the government can't afford these tax cuts". The deficit is due to politicians who are spending like drunken sailors. Revenues are way up BECAUSE OF THE TAX CUTS (just check out what the tax cut on dividends has done for tax revenue in that area - - tax revenue HAS SKYROCKETED). Unfortunately the irresponsible politicians (DEMS and REPS) they are spending our tax dollars on silly and stupid things. They make it very hard for us to find out about all the little things they've stuck into large appropriations bills. $10 million here, $20 million there. It all adds up over time.

Our national debt isn't the problem with the stock market right now. Interest rates are a problem (a quarter point drop by the Fed could do wonders right now). Much of what's happening is due to the housing market problems, concerns with businesses who are using Chinese companies to build their products, high oil prices. It's not a tax revenue problem. Tax hikes would cause more problems and decrease revenue.

Answer 3

the only fiscally responsible republican is ron paul - he has never voted for an unbalanced budget and has a viable plan to help us out of these challenges facing the US .lets hope that people will educate themselves as to what their candidate will do if elected into office and stop making the same mistakes over and over -if the last 8 years have taught us anything it should be to really know what your candidates stand for .

Answer 4

you ought to check whom the Democrats spend for and why... they could desire to purchase votes to maintain in workplace. The Republicans are very almost no extra advantageous, yet as a substitute of having the persons pay extreme tax costs, they permit for enhance of agencies which produces extra funds and extra understanding for spending. I even tend to think of of it like this: Walmart keeps the fees low one among those super variety of persons come and spend funds. low value extreme quantity. Tiffany's Jewelers marketplace to the slower enhance yet extreme fee marketplace. they value extreme and characteristic low quantity. the two markets are precise and the two artwork, yet for a taxation equipment, that's greater to low value extreme quantity the taxes so anyone can discover the money for them and chosen how their funds is used.

Answer 5

Both parties tax, barrow, and SPEND

Answer 6

Ya see guys, this is exactly why I hate democrats.