« Back to story "John McCain offered Republicans vision rooted in reality, not
Barack Obama's empty promises"

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Posted by: ADAGUY 1 year, 3 months ago

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    ADAGUY1 year, 3 months ago

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    "his big solution is... RAISE TAXES?"

    Spin, let me introduce you to the basic concept of economics.
    Example:
    If you own a business, and the revenue you bring in is suddenly not enough to pay your expenses, do you:

    A. increase revenue however possible
    B. decrease expenses wherever possible
    C. Decrease revenue
    D. Increase expenses

    The correct answers are A and B
    McCain is promising to do C and D.
    No matter how you count, it doesn't work. Reagan tried it with no luck, Then GW tried it with no luck.
    It didn't work for either of them, and it won't work for McCain either.
    Clinton and Bush Sr. both tried using A and B.
    Both had better luck using these methods than the other two pres.

    If it seems complex, try it with your own family budget.
    The next time you are a little tight on cash, quit your job, and then go buy a new car. See if that makes things better. Perhaps then you will understand!

    Keep in mind that no tax increase would be necessary had it not been for Reagan and GW.

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      tiredofwhiners1 year, 3 months ago

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      If you own a business, and the revenue you bring in is suddenly not enough to pay your expenses, do you:

      A. increase revenue however possible
      B. decrease expenses wherever possible
      C. Decrease revenue
      D. Increase expenses

      You forgot one thing. That's for a profit making business (A & B). The government is not that and has little accountability or incentive to produce any real results. It is the opposite for them. Make promises but don't necessarily deliver. Best to reverse the business rule for government. Cut revenues so they can't spend it and real businesses can. As far as I know increasing expenses (D) is not McCain's thing but is Obama's. Do you understand that philosophy?

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        ADAGUY1 year, 3 months ago

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        If you don't see McCain increasing the debt, tell me, how is he going to cut taxes and fill even 50% of the promises he is making, and still cut taxes at the same time? (Including the continuation of Bush policies)
        Cutting taxes at a time like this will certainly increase the debt.
        We are currently paying around 1/2 trillion a year just on interest. That is almost as much as the entire military budget.
        Obama's tax increase and his stance on jobs are the things that are making me lean toward him.
        The GOP does not care about the voters, they care only about the wealthy.

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