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quote:
Originally posted by Yooniece
Exactly how does cutting government taxation/program funding and putting more money into the hands of confident spenders NOT work? Aside from extreme circumstances such as war.
In my opinion, the American public is too freaking dependent on the government. Poor people demand welfare programs, social services, etc, which is all fine and well but what ever happened to self-sufficiency? Why does it have to be the government's responsibility to make sure Aunt Norma gets money for her years of NOT planning for retirement?
My opinions may be derived from a class-related perspective but geez, I hate rewarding those who don't pull their weight.
Oh I can't wait for the people who will pull their best morality cards on me... "Are you saying we shouldn't give poor, one-legged homeless people soup?"
Ok it didn't work in the past.
"Trickle down economics failed because the exorbitant tax cuts for the wealthy, that were meant to stimulate the economy, actually resulted in huge government deficits. When the economic boon Reagan predicted did not materialize, interest rates soared as the deficit grew to unmanageable levels. It took more than a decade to set the economy on the right course, which occurred when President Clinton’s first budget passed Congress in 1993, without one Republican vote. The economy remained strong as a result of fiscally responsible spending and concentrated efforts to pay down the debt. "
Also well-off people don't think it's such a great idea either.
http://www.house.gov/apps/list/spee...01bushsotu.html
Now if it didn't work in the past then of course it's possible for it to not work.
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12-12-2003 09:12 PM
