December 1, 2010 1 Comment
With the US economy suffering its first depression in sixty years, why would the Liberal Democrats in Congress want to suck seven hundred billion dollars from the economy?
But that is what they’re demanding, with their bizarre claim that we should raise taxes in the midst of this economic crisis.
When they say letting job-producing businesses and families making more than $250K per year keep their money “will cost seven hundred billion dollars”, of course that means that NOT letting them keep it will cost the private economy that same amount.
And, of course, the private economy is what creates wealth and permanent jobs.
We have seen that for the past year, when the government’s make-work “stimulus” jobs each ended, causing unemployment to worsen.
A “stimulus” job is a burden on the economy that must eventually end, leaving the worker unemployed again…but a job at at a real company pays for itself…as long as the worker makes the employer a profit, the business keeps employing him.
So, in order to save our economy, we need to leave money in private hands, to create wealth that sustains private jobs, that create more wealth, on and on.
Remember, the Political Class thinks that it owns the money it confiscates in taxes…but in the real world, WE own it, and the entire economy is robbed when it’s taken by the government.
The T.E.A. Party is correct: We are Taxed Enough, Already.