Quote:
Originally Posted by Derwood
wait, so you're saying that cutting the subsidy will result in the energy companies passing the cost on to the consumers (bad) but you're in FAVOR of cutting the subsidy?
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The government shouldn't be subsidizing any business. Businesses succeed or fail on their own. Remove the subsidy to the oil company and let them deal with that. If their price goes up, so be it. We are already paying that price anyway by means of the subsidy.
Next, Obama starts aggressively cutting spending on all government programs, including funding the military to the point we have a credible defense.
Then Obama starts paying down the deficit with the money he saves by cutting government spending.
No more $50 billion giveaways to his construction buddies. No more $100 billion giveaways to his favorite corporations. His last exercise in giveaways to the tune of a $750 billion stimulus program flopped. He should not get to do it again.