02-27-2009, 10:39 AM
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#18
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Living Legend
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
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Re: Obama's Budget: Almost $1 Trillion in New Taxes Over Next 10 yrs, Starting 2011
Quote:
Originally Posted by saden1
I can't quantify "many believe" into facts and figures. I am afraid you'll have to do better than "many believe," specially if that many include Buster, firstdown, and the usual cohorts.
When you say expansion what do you mean? We're not a static nation, our population has increased 400% since 1900 and 225% since 1940. The fact that national debt relative to the GDP was heading south aught to tell you we were heading in the right direction. The only time we seem to have issues is when we go to war and put all that money on the credit card.
Government spending during an economic downturn is a good thing but only if the money is spent wisely. Sure, there's plenty of government mismanagement that goes on but to use this to justify cutting back government spending and programs right now absurd. I want us to reign in the fraud/waste/abuses unlike many I can't subscribe to "look -- right there, it's bad, get rid of it" philosophy. You have to have a good alternative and I'm not convinced a spending freeze would be a good thing right now. That goes for a tax increase before the economy recovers too.
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So if you feel paying higher taxes is a good thing do you send your refund back each year or is it only a good thing for other people?
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