Conservative Ally

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Jan 06 2009

Obama Trying to Bait Republicans

Published by allykat at 9:25 am under economy Edit This

Government spending does not stimulate the economy. It hurts the economy. The money comes from one part of the economy and is transferred to another part of the economy, it does not create jobs or productivity. The money comes from you. Taxpayers. Taking money away from small businesses, causes job loss, less investment, and hurts the economy.

Obama went to Capitol Hill yesterday to try to talk the Republicans into his massive stimulus package, at almost $1 trillion dollars. He is baiting them with around $300 billion tax cut in the package of pork. I hope they do not fall for it, because these tax cuts are only temporary. Short term tax cuts, like the stimulus checks or rebates do not work. Long term tax cuts are key to stimulate the economy. If the Republicans fall for it, they are looking at hundreds of billions of dollars in new spending.

“…we cannot afford to be burdening our children and our grandchildren with an extra trillion dollars in debt,” said House Minority Whip Eric Cantor.(LATimes)

Resource:

Why Government Spending Does Not Stimulate Economic Growth

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7 Responses to “Obama Trying to Bait Republicans”

  1. # Jasonon 06 Jan 2009 at 10:29 am edit this

    We all know how much the republicans hate deficit spending! Who was that republican president who had a budget surplus again?

    As far as baiting goes, I’m pretty good at it. Some might even say I’m a master.

  2. # Virginia Shanahanon 06 Jan 2009 at 10:32 am edit this

    What’s great is the tax cuts go to the bottom 50% of taxpayers who pay nothing more than Social Security. He is basically making welfare cases out of almost 1/2 the population.

  3. # Virginia Shanahanon 06 Jan 2009 at 10:36 am edit this

    Ally, let me add a bit of humor I have found in all of this.

    Were this ANY republican suggesting these tax cuts we would hear whines of “How are we going to pay for it.”

    Hearing any of this now?

  4. # davidrudeon 06 Jan 2009 at 12:53 pm edit this

    Wow where did you get your doctorate in Economics…..It was probably the same place George Bush got his political science degree…..Republicans are so ridicilous…..

  5. # Virginia Shanahanon 06 Jan 2009 at 1:52 pm edit this

    David, are you addressing me? If so, please be more specific for I have no clue as to what you are talking about.

  6. # Thomas Jefferson Jron 06 Jan 2009 at 7:28 pm edit this

    Jason - Okay you win….your comment was hysterical. LOL

  7. # csc5502on 07 Jan 2009 at 3:17 pm edit this

    [D]avidrude rarely makes any sense, Virginia. It’s not you.

    http://poorrepublican.today.com/

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