General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublican math; Giant tax cuts + increased spending equals bankruptcy.
We live in a global economy, no one can predict when there will be an economic downturn. Something could go wrong in China or Europe which could cause a global downturn. A war could break out, corruption could take place. When the next downturn happens we will pay for republican math big time.
CrispyQ
(36,539 posts)~rubs hands together greedily
They will give control to their friends on Wall St & our retirement will be siphoned off in fees & charges & market corrections.
rurallib
(62,464 posts)at the national level.
At the state level there is a similar strategy of cutting revenue to the point that states can barely function - look at Kansas.
It hasn't stopped governing yet, but we edge closer all the time.
Unfortunately, through their propaganda through the very friendly corporate media, raising taxes and rearranging priorities to put people first has become poisoned.
At some point both states and the country will start selling assets to private companies. This has already happened in a few corners, but not enough to create an outcry. What happens when we must pay tolls to GM to drive on their highways to get to a doctor?
BlueDog22
(366 posts)Cut taxes, raise spending.
A receipt for disaster.