Beet
Atlas Star
Posts: 28,914
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« on: June 10, 2009, 08:53:45 PM » |
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Shortsighted reject of both tax hikes and spending cuts are what's driving this country's government towards bankruptcy. Don't forget that Newt Gingrich predicted the 1993 tax hike would result in a deep recession. Sometimes taxes are necessary. And I am not saying that spending cuts aren't necessary, either.
It's all part of the get something for nothing mentality which is why this is a decadent country in decline. Americans have been spoiled by FDR's successes in creating middle class stability and prosperity. We have developed a culture where everyone, from the poor single mother who lives on revolving credit card debt, to the doctor who drives up health care costs by treating his profession as a "revenue stream", all the way up to the CEO of a bank who thinks he deserves millions in bonuses for running a gambling casino, wants something for nothing. Voters' myopic wish for more entitlements and less taxes is just another part of this. In the first half of the 20th century they hated debt. In the 19th century, people hated debt as well. Where is the responsibility? Where is the reality?
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