OH, like that fact that high taxes
and bad loans kill economies?
'High' taxes is a perception, not a fact. Bad loans don't kill economies, bad businessmen who make them [for profit] can.
Dems do a GREAT job of ignoring those realities. They, and the Republicans, believe that one can borrow their way to prosperity. How stupid is that?
How stupid can a person be to run up 25% of the TOTAL debt of the United States, since 1776, in three years? Must be a rocket scientist came up with that one.
Again: you're not answering the question asked. Can you cite a Democrat who has made any statement as ignorant of actual uncontested proven FACT [not opinion or ideology] as the Republicans cited here?
No, high taxes and bad loans caused this. Higher taxes WILL make it worse. That IS a reality. The less of my money I have, the less I can do. I am FAR more able to create jobs than the government is. PROOF of that.
I just bought a boat, from a company name of PolarKraft. The boat and trailer were built in Elkhard, IN. I am very sure that IF you were to call those people who had REAL employment and talk nice to them, they would agree that it would have been MUCH better if the government have raised my taxes to provide for them when they got put OUT of work when no one can afford to buy their products.
Marxism, socialism, SUCK. Under the Constitution I have an ABSOLUTE RIGHT to own private property, that INCLUDES the bulk of my wages. With total tax liability of wage earners in our bracket reaching 50-60% the time is close when normal business activity will shut down.
NO one FORCED anyone to buy a bad loan. I had an ARM, did REAL well with it. I am no economic wiz kids either. The resources to do it right were there when I looked, it was available for those who CHOSE to be stupid. NOW, because of the high tax rates, bad loans and very poor public policy, millions of people who did it right are now upside down in a home we can no longer sell.
The government IS the cause of the problem and will NEVER be the solution. UNLESS, they get the heck out of the way!