Originally posted by lazs2
Look at what we spend our taxes on and then tell me that the republicans are the cause of it...
They ruled the house, senate and white house.....so it's the dems fault? I know you are gonna spin it lazs, but they had the magic wand in their hand and never used it. Instead they included pork barrel spending for votes. The Bush administration projected that there would be a $1.288 trillion surplus from 2001 through 2004 in the 2002 U.S. Budget. In the 2005 Mid-Session Review, however, this had changed to a projected deficit of $850 billion, a swing of $2.138 trillion. 49% of this swing was due to "economic and technical re-estimates",
29% was due to "tax relief", and the remaining 22% was due to war, homeland,
and other enacted legislation.So you know that tax cut you got? It was borrowed!!
Wars get paid for with a healthy economyWaaa? I can't believe you said that. Are you kidding? So this war is making us wealthy??? It's putting us in the hole!! Wars cost money, you borrow for war, then spend that money building your war machine which boosts the economy, but it's borrowed, then the spoils pay it off. We are not at war for spoils, and there is no magic money to pay for it. It gets paid with tax dollars.
you simply can't tax your way into prosperityAnd you sure as hell can't borrow your way into it either. The last I read we pay a billion dollars a day in interest alone on our debt. That's insane.
I am interested to see what the dems do, they embraced the center and it carried them to victory, to revert back to tax and spend would be political suicide. If they haven't learned their lesson yet, shame on them.
All I want is for the pork barrel spending to stop and to start paying off our debt. I hope I see it in my lifetime.
No one takes our debt seriously, it's disturbing.