Republicans Continue Dangerous Fiscal Policy

[acmejack]

After five years of ill-conceived and reckless tax and budget policies that have led the federal government to be deeply in debt, weak, and vulnerable, Republican congressional leaders and the White House are now talking about fiscal responsibility in the aftermath of Hurricanes Katrina and Rita. While nearly all the current proposals emerging from Congress and the administration are cloaked in the rhetoric of balancing the budget, this serves simply to hide their one-sided emphasis on shrinking the role of government through cutting spending rather than increasing revenue. This strategy will only exacerbate long-term problems and worsen the bleak fiscal outlook and economic concerns facing the country.

http://www.ombwatch.org/article/articleview/3113/1/396?TopicID=2

[indepat]

1. Stock market is going to hell in a hand basket in a hurry IMHO following

the economy.

[mrcheerful]

2. Gee I wonder why?

Lets see tax breaks for the rich has to be taken from the working man to make up the lost taxes. On top of that businesses are moving over seas using tax dollars to rebuild and the working class loses jobs, so the tax base is getting smaller. GW's plan? Make tax cuts for the rich permanent. Great plan.

[texpatriot2004]

3. Good thing they are "Conservatives" eh? n/t