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Originally Posted by aceventura3
You guys talk about tax cuts, but not government spending.
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Read my post again. I specifically talk about government spending many times.
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You talk about the rich benefiting from tax cuts, but you don't explain how government taking from one person and giving to another creates wealth for poor people.
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Nor do we need to. We are not talking about having the government steal from the rich and give to the poor. We are talking about having the government make the rich pay their fair share. They have more money, they enjoy more benefits of the american capitalism system, they should pay more into the system. This is not a tough concept. But as it is, we keep giving tax cuts to the rich, while forcing the middle class to shoulder the burden. That's ridiculous. Works out great for the millionaires, but not so well for the majority of the people.
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I give clear example how people investing does create wealth. Productivity gains is the long-term solution to maintaining and improving quality of life (as has been true since the dawn of time). Government spending is a drain on productivity, not a help. Money in the hand of people willing to invest in the future helps everyone. If you can show I am wrong I will eat my words and apologize for being an arrogant SOB.
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Number one that was not an example. That was a theory. Let's call it what it is. And it's a theory that you don't bother backing up with any sources, credible or not. And the theory is dead wrong. If government spending is a drain on productivity, why does productivity go up in times of war, when the government is spending lots of money on arms?
but let's take your ideas to the logical conclusion - let's say the government stops spending money on anything but defense and running itself (power bill for congress, etc). No more spending for roads. We'll make 'em all toll roads (worked great for Chicago right? Those are just silky smooth roads right?) Let's cut government spending on the agriculture industry. For example, no more meat inspections. Of course, some people will die from contaminated meat, but at least we're saving money right?
Just a couple of examples of why government spending is necessary. Of course, whining that the government is too big is very popular for the "conservatives" (who then come in, cut social programs, and spend just as much, and more, on attacking innocent countries, therefore not saving a dime anyway). But they fail to point out what smaller government really means.
And tax cuts are very popular, and irresponsible, ways for a politician to gain favor with the voters. Look how well it worked for Minnesota. Everyone got tax refund checks, then suddenly they were millions in the hole. Looks pretty stupid in hindsight doesn't it.
And the federal government's budget is in terrible shape - at least when Minnesota did it their budget was reasonably healthy. The government cannot afford to cut income, especially when its spending is soaring out of control.
I agree that the government spends entirely too much, but that does not mean that the solution is to cut income. That's just senseless.