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The Water Cooler
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<blockquote data-quote="TerryMiller" data-source="post: 1744951" data-attributes="member: 7900"><p><span style="font-family: 'Georgia'"></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">Keep in mind that the effects of 9/11/01 had a factor on that surplus as well. That includes the actual attack and necessary defensive moves made by the government, the effect of the stock market plunge and the wars to follow. And yes, SSI shortfalls were known to be coming, so why didn't anyone before GWB do something as well? I lay the blame on both the Presidents and the Congress.</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">There have been numerous instances where tax cuts actually increased revenue to the government during my life-time. It occurred following JFK's, Reagan's, and GW Bush's tax cuts. I'm also thinking that the same effect occurred during the '20's and late '40's. So, if there were increased revenues from those cuts, why couldn't Congress and the Presidents reduce spending instead of doing more spending?</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">Also, since during GWB's terms, the employment rates were much better as a result of "the rich" actually expanding their businesses and hiring people. I know you probably don't want to believe that tax cuts have a "trickle-down" effect, but from what I have seen, it is true.</span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px"></span></span></p><p><span style="font-family: 'Georgia'"><span style="font-size: 12px">Also, the people always deserve a refund. This nation was formed on the basis of limited government and that should apply to government regulations, taxes, and spending. It is time to get back to fiscal responsibility, not unlimited power to the government. As a gun owner, that should be of concern, unless you think that "certain" people shouldn't be regulated the same as the general populace.</span></span></p></blockquote><p></p>
[QUOTE="TerryMiller, post: 1744951, member: 7900"] [FONT=Georgia] [SIZE=3]Keep in mind that the effects of 9/11/01 had a factor on that surplus as well. That includes the actual attack and necessary defensive moves made by the government, the effect of the stock market plunge and the wars to follow. And yes, SSI shortfalls were known to be coming, so why didn't anyone before GWB do something as well? I lay the blame on both the Presidents and the Congress. There have been numerous instances where tax cuts actually increased revenue to the government during my life-time. It occurred following JFK's, Reagan's, and GW Bush's tax cuts. I'm also thinking that the same effect occurred during the '20's and late '40's. So, if there were increased revenues from those cuts, why couldn't Congress and the Presidents reduce spending instead of doing more spending? Also, since during GWB's terms, the employment rates were much better as a result of "the rich" actually expanding their businesses and hiring people. I know you probably don't want to believe that tax cuts have a "trickle-down" effect, but from what I have seen, it is true. Also, the people always deserve a refund. This nation was formed on the basis of limited government and that should apply to government regulations, taxes, and spending. It is time to get back to fiscal responsibility, not unlimited power to the government. As a gun owner, that should be of concern, unless you think that "certain" people shouldn't be regulated the same as the general populace.[/SIZE][/FONT] [/QUOTE]
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