Which is better for America “Tax and Spend” Democrats or “Borrow and Spend” Republicans?

Question

Government spending has been out of control since Dubbya took office (6 years with a republican Congress) and with the lower taxes we have been borrowing money from China like crazy. Does anyone think that’s a good thing? I mean, don’t we have to pay that back sooner or later?

Republicans talk about fiscal discipline and reduced government spending during speeches, but they don’t seem to vote that way. So they cut taxes, spend more and borrow to cover the rest.

Answer 1

Democrats. Anybody who looks up the rate of growth in inflation adjusted GDP values, knows this is true.

Even without that, the idea of overspending and expecting our children to pay the bill is wrong.

Answer 2

There's not much of a long term difference. Borrowing in one year will just be paid back with tax revenues in future years. The short term fiscal stimulus created is comparable.

Both policies can also be bad for investment: taxes on all but the lowest incomes produce dis-savings, which reduces funds available for investment. Government borrowing, likewise, competes for investor dollars.

Answer 3

those are the main well liked, unchanging center values. maximum different matters are added to social gathering coverage so as to %. up single situation voters - like racists or vegetables. Republicans have faith that a unfastened industry can provide very very nearly each little thing that a civilization desires in the suited way available, and the government could stay out of its way. Many republicans even have faith in Social Darwinism, wherein the undesirable, unwell, and elderly could go through the implications of their undertaking without tips as a manner of strengthening society and serving as a occasion for others. Democrats have faith that unrestrained capitalism has brought about great injury on society in the previous and employer desires to be held to accountability by ability of regulations, lots comparable to human beings. they suspect that by way of fact the disparity of potential between a company, or great wealth, and a individual worker is so great, the government could take care of the pastimes of the guy.

Answer 4

Under Clinton the budget was balanced and everyones standard of living improved.

If you are already wealthy, borrow and spend is better.

Answer 5

Federal Budget has not been in balance for forty-seven years.

Answer 6

Neither.