House Republicans' 'new' team

Sorry Repugs (and Dems), with $13 trillion in debt, aging baby boomers, collapsing infrastructure, two wars-- tax cuts aren't gonna get it done. As soon as politicians get honest about it, and Americans get real about it, the better off we'll be.

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Sorry Repugs (and Dems), with $13 trillion in debt, aging baby boomers, collapsing infrastructure, two wars-- tax cuts aren't gonna get it done. As soon as politicians get honest about it, and Americans get real about it, the better off we'll be.

Posted by: dt | November 19, 2008 2:47 PM
How can then Democrat Politicians get Honest when they are in lock step with the Unions=

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Posted by: dt | November 19, 2008 2:47 PM
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You're right dt, tax cuts aren't going to get it done. But spending hundreds of billions of dollars - $700 billion for a bailout - $300 billion for a new "stimulus" package - a few tens of billions here and there to bail out ailing industries, and no one knows how many hundreds of billions of dollars on a national health care system - isn't the way to do it either. We don't have the money, and killing small businesses with more taxes and unfunded mandates isn't going to improve the situation. To the contrary, it is only going to insure that we don't recover from a depression until kingdom come.
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Yet this is what we are going to get despite the November election. This is why I have been saying that we have no adult leadership in Washington and the election wouldn't answer that problem. Although I wish it were otherwise, I believe history will show this to be true.

John W.,

Much of the waste in spending comes from defense programs that are worthless, defense contractor fraud, stupid wars. Re-establishing the estate tax and restoring capital gains taxes back to historical levels isn't going to kill small business. The cost of health care could, though. We need to get healthcare cost under control. We need to cut needless defense expenditures. We don't need nukes in eastern Europe to stoke a new cold war, for starters.

Inky,

You union haters are simply ignorant. Unions are the reason we have child labor laws, 40 hr. work weeks, safe work programs. You've seen what happens when greedy corporations aren't regulated. Same things happen without unions, it's called the Gilded Age. People died to give us the labor reforms millions enjoy. Find another scapegoat. Start with the execs like Paulson who walked off with hundreds of millions in compensation from Goldman Sachs. You lose what's left of the unions, you lose what's left of the middle class, fool.

Those against the unions...look at the conditions the Chinese are manufacturing in now....pitifully low wages, living conditions, air pollution is horrible, dumping in the rivers, etc. You have a lot to thank unions for. Start with the five day work week for most of us. Those "perks" though are slowly eroding as the world spins off into the new millennium.

dt:
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I wasn't talking about wasteful spending, although we have a problem with that too. I was talking about the fact the federal government already lacks the money to pay for what it has already expended. I was talking about the fact that it doesn't have a chance of getting the revenues it needs to pay down its debts unless it substantially raises taxes; and, even if it does, it still won't pay down the debts for a very long time.
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Most importantly, I was talking about the fact that the current Congress is bent on spending astronomical amounts of money irresponsibly - and hence the reference to a lack of adult leadership in Congress. It is precisely that irresponsible spending urge that is going to result in numerous small businesses being taxed into extinction. Many small businesses are already close to their tipping points. Taxing them more will only add to the unemployment rolls and bankruptcy dockets.

Boehner spread some pretty appalling lies about Obama during the campaign - has he apologized yet?