What part of "Stop the Spending" is so hard to understand? How can raising taxes promote spending cuts?
We had high corporate taxes back in Clinton's regime and it basically stunted domestic growth to something less than spectacular. Clinton was cruising on Reagan's economic train. When taxes were cut later in 1997, the economic boom began in earnest.
We are facing the exact same responses that European countries are facing right now. So many people have settled into the government handout hammock that they will react violently just as those in Spain and Greece and France have responded to domestic cuts in spending in order to get the debt under control. Americans agree something must be done about the debt and are for cuts, "but just don't cut my benefits and my handouts."
We are giving billions of dollars away to other countries around the world (check grants.gov to count the billions). It's time to count the eggs in the basket and determine how many we'll eat and how many we want to hatch.
Belt cinching is not a popular habit in America. No surprise there.
We had better get better at it, and we had better get the price of diesel under control otherwise our economy will collapse. Is that too shocking? Just look what has happened in the housing market. Suddenly, people who couldn't afford the house they bought were losing their houses to repossessions and to bankruptcy. Why do people over spend? over extend? buy even when their credit is maxed out? It has become the "Just do it" and "Have it my way" generation. Take it and don't worry about the consequences.
That is not at all what God teaches us.
Proverbs 6:6-8Go to the ant, sluggard; consider her ways and be wise; who having no guide, overseer, or ruler, provides her food in the summer and gathers her food in the harvest.
Proverbs 25:28He who has no rule over his own spirit is like a broken down city without a wall.
Proverbs 27:26The lambs are for your clothing, and the goats are the price of the field.
Luke 14:28-30For which of you, intending to build a tower, does not sit down first and count the cost, whether he may have enough to finish it; lest perhaps, after he has laid the foundation and is not able to finish, all those seeing begin to mock him, saying, This man began to build and was not able to finish.
There are many more where these come from. Self-control in spending is something our legislators do not have. It would seem the democrats are just not listening because they didn't listen to us about the Obamacare, now they are not listening about the debt. Letters and phone calls are not getting through to them. What is a heterosexual, self-controlled, frugal, Christian, prayer warrior to do? Have you prayed about it? I am.
August 6th is the Day of Prayer for our nation and for everyone concerned about the state we are in, the state of our communities, the state of our military, the state of our debt, and the search for the brains of our legislators. Don't forget to pray!