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08/02/2010

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AngelaTC, with all due respect, taxes are not a cost to government, they are revenue (i.e. income). Taxes are, however, a cost to taxpayers.

Now, when "The American People" (that favorite buzz phrase around Washington DC) face lower income, the do their very best to reduce their spending. If you add to those costs in the form of greater taxation(and, yes, at every income level)the People have to reduce spending even further, which leads to the obvious economic result in a consumer-driven economy.

Now, when "The Political Whores in Washington DC" (that favorite buzz phrase among the People these days)face lower income, the do nothing to reduce their spending and, in fact, think more of the People's money should be spent. If you add that extra spending in the form of even deeper debt(and, yes, that is what is what is happening)the People then face the prospect of that debt and have to reduce spending even further, which leads to the obvious economic result in a consumer-driven economy.

So, was Boehner doing the math there? No. What he IS doing is understanding that the People have done the math already and, regardless of what the book cooks of Washington DC might conjure up, the People know how to handle money a great deal better than the folks that claim to speak for them on Capitol Hill and in the White House.

Just my two cents and worth about as much as a US dollar will soon be worth at the rate things are going.

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