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Comments on: Fiscal Reality https://whynow.dumka.us/2007/11/14/fiscal-reality/ On-line Opinion Magazine...OK, it's a blog Thu, 15 Nov 2007 06:47:20 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Bryan https://whynow.dumka.us/2007/11/14/fiscal-reality/comment-page-1/#comment-31341 Thu, 15 Nov 2007 06:47:20 +0000 http://whynow.dumka.us/2007/11/14/fiscal-reality/#comment-31341 Bill Clinton was gradually downsizing the US government. If you look at the Bureau of Labor Statistics site it is obvious that the government was getting smaller, and Al Gore was pursuing government efficiencies and getting rid of a lot of unneeded regulations and massive amounts of unused equipment and supplies. It was easier for people to get what they needed from local suppliers without going through the entire unnecessary, government process.

Cutting taxes is nice, but you have to cut costs first. If you cut your revenue and then increase your costs the deficit is an obvious result. The supply-side model doesn’t work. Reducing taxes has never increased revenues at the tax rates in the US system. It might be beneficial with marginal rates at 60%, but we already know it doesn’t work with the US system.

This is all smoke and mirrors, a Ponzi system, and a destructive of the national economy.

]]> By: Michael https://whynow.dumka.us/2007/11/14/fiscal-reality/comment-page-1/#comment-31340 Thu, 15 Nov 2007 06:22:01 +0000 http://whynow.dumka.us/2007/11/14/fiscal-reality/#comment-31340 The anti-democratic party couldn’t win elections if they were honest.

]]> By: Michael https://whynow.dumka.us/2007/11/14/fiscal-reality/comment-page-1/#comment-31339 Thu, 15 Nov 2007 06:20:22 +0000 http://whynow.dumka.us/2007/11/14/fiscal-reality/#comment-31339 You can’t trust the GOP. Full stop.

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