Re: Right Wing Fear Radio
Gee Whiz PW, are you for real? I don't see any truth to your post, and truth is something I highly value, a whole ot more correct spelling

. I don't even see signs of reality filtering through your post. High deficites???? The only time high deficites hurt the US economy was when Bill Clinton promised the middle class a tax cut(In his 19991-92 campaign) and kept his promise (read LIE) by pushing through the largest, most sweeping tax increase in the history of the planet. I tell you what, to save face here, name me one country, just ONE that taxed it's self into prosperity. Go ahead PW, just One. Yeah, thought so. <br />Right, so economics 101 here. President Carter's slow economy was rescued when Reagan did what FDR sort of did during the depression. He got the economy stimulated via government spending and reducing the tax burden. Government spending pays people to do stuff. Increased gov. spending pays more people more money who spend more. Reducing the tax burden from a top marginal rate in the 70% range to the 30% range gave the whole population a pay raise. This accomplished two things. First, by cutting taxes, the economy was stimulated because people had more money to spend, so guess what..... they spent it! How 'bout that? This ment that there was an increased demand in goods and services across the board, creating a bunch of jobs. Unemployment fell, more people were working, the tax base grew and .......and.......get ready for this.......and....... the federal revenue INCREASED! Yes, a tax relief measure ACTUALLY resulted in an increase in federal revenue. WOW. A so called "policy of the right" that was first implemented and prooven by WHO? Come now Plywoody, you know this one.....who did it first?????? John F Kennedy....thats who. Man, this is easier than I expected. So, jump forward from from JFK to Reagan, he gets the economy going, huge growth, the highest growth of the US economy in history, and what happens? Well, we all remember the "no new taxes, read my lips" thing from Bush SR. right? The tax increase of 1990-91 was written by democrats and forced into law by democrats who controlled the senate and house and refused to pass republican bills unless enough repulicans voted for the tax increase. Then, when the tax increase was passed, the same democrats who wrote the bill were in front of the camera lambasting Bush for the "read my lips"comment!!!! These lovely people are UNBELIEVABLE! Those are the tactics of your beloved democrats.... those are their policies that have failed the american public, the american tax payer, the poor Americans that have been put in a postion of believing they can vote themselves a wellfare increase by voting democrate.<br /><br />Interest rates are going up? Are you serious......why just a few weeks ago they were cut by....oh what was it, a quarter percent? No, I think it was a half a percent. And even if the fed raised, which they can't do now for reasons you would know if you had a firm understanding of fundamental macro economics, rates are currently lower than they have been in the past fiftey years, during more than fourty of which the democrats were in controlof the House, Senate or BOTH?!?!? I am nigh on to being flumoxed here. Do you always make statements that have no merit, no point and based entirely upon misinformation when speaking in realm of politics???<br /><br />A few rich people that get richer yet?? Who. Name one. Name just one? Check with the IRS PW, the more money you make, the LESS tax relief you recieve. How hard is it to understand that the top marginal bracket gets the smallest reduction? What do I need to do, send smoke signals?<br /><br />And the "People on the radio," what do they do. Why are people leaving network national news in droves and listening to talk radio instead? Because now there is something to hear besides democrat party line demogogery(sp?). Good hard working Americans are TIRED of hearing about how terrible America is. We are sick of hearing that we are cause of the Earth's problems, (Did you read AlGores book, "Earth in Balance"? He is completely insane if he is serious about anything written therein) that because we constitute x of the global population , yet we consume y percent global GDP we are bad and the cause of starvation in Africa. Well mister liberal, how much money have you send to Africa? I send almost ten percent of my GROSS income overseas. What do you do beside demogog, fear monger and whine and complain????? Hmmmmmm? I'm listening.<br /><br />And as far as your kids paying off the deficit, well, using logic, that would make your kids the richest kids in the world wouldn't it? I mean, if your tots can singlehandedly pay off all that, can I bum bread off the little buggers?When Clinton proclaimed to have led America to a blalnced budget and federal revenue excess, did he start paying off dificits? No. The democrats clamored to see who could spend it first?!?!? What a bunch those guys are. <br /><br />Do you guys remember when Bill Clinton had the kids in the Arkansas elementry school hold a bake sale, and send the money to Washington to help pay off the deficite because of the deificite CRISIS

? It would be funny if it weren't so tragic. Hillary gets $8mil advance on her book, and she and Bill are sueing to get the taxpayers to pay for $1.8 mil in court costs. Yep, they really CARE about the american public. Sure, they feel our PAIN.....because they caused so much of it.<br /><br />Back to economics. When Bill pushed through his huge........tax increase

what he in effect did was to sucker punch the economy, which was going strong from the Reagan era, and still building steam. When his tax increase went into "RETRO-ACTIVE" effect, the one that was promised to be a middle class tax cut? that one? remember that one?????, it took money out of the taxpayers pocket and sent it straight to Washington. When the populace of the country is faced with a Nationwide paycut, they spend less. Since those with more money who were in the higher tax brackets got the highest tax increase, those who spend more, paid the highest price and the sector of the economy the contributed the most to both federal revenue and national purchaseing (that would be the middle class to upper mid) production of goods and services had to be reduced. <br /><br />You see , less money to spend on goods and services means that fewer goods and services are purchased, which means fewer goods and services are produced, which leads to a shrinking workforce, which means fewer tax payers, reduced federal revenue, increaded federal burden to pay unemployment, the economy slows down, and you get what Bush Jr. had when he was elected, a recession. <br /><br />During Clintons final economic briefing in the White House he was told that the economic growth had slowed to less than 1% per year! And since he recieved regular briefings he knew what the trend was, and when the economy started to decline. It started in 1994 when his tax increase was in full effect. It ain't rocket science Ply. Everyone knows that it was Greenspan who kept the economy afloat during the 1990's. Why else would rates decline if the economy was as strong as Clinton said it was? Think about that for a second.... Why do rates drop? They drop in order stimulate the ecomony. So why did they drop during the 90's? Because Clintons tax increase was strangleing the economy. <br /><br />Now face it. Countries with revenue deficits that owe the US money are not worried that we might come to collect and collapse thier economies, now are they. So why are you so scared of deficites? Do you really think the Fed will default on bonds? If thats not it, spell it out for me. Why is a federal deficite so terrifying, what will it really do to your kids? I want to know, because I must be missing something here. Explain yourself wood, I think everyone here should know why we too should fear deficites. <br /><br />I have taken you on point for point. The ball is in your court. It is time for "counter point" and none of that conservative intelectual laziness niether.

<br /><br />With Love and Respect