Promises Democrat candidates can't keep
Washington Times:
What this story suggest is that Democrats will either not keep their promise or they will raise taxes on everyone which is another promise not kept. It is a fairly common fraudulent practice of Democrats running for office and one reason why I make it a practice not to vote for them.
The 2008 Democratic presidential candidates are promising voters billions of dollars in new government spending, paid for in part by "rolling back" the Bush tax cuts.Stealing from the rich is not going to be enough to pay for the votes Democrats are buying. It will take money out of the economy and use it for sinkhole investments in the least productive of our society, which will mean fewer new jobs and less money being spent on innovation and productivity.
Sen. Barack Obama of Illinois would give the middle class a tax cut. Former Sen. John Edwards of North Carolina would give everyone in America health care. Ditto for Sen. Hillary Rodham Clinton of New York, who would also spend billions on the nation's bridges, implement universal pre-kindergarten and increase funding for cancer research.
The Democrats say their programs would be funded by ending President Bush's tax cuts for the wealthiest households, but that cash isn't nearly enough to cover their promises, and it might not be available by the time one of them would take office in January 2009.
Still, it's a big applause line on the campaign trail, especially for Mr. Edwards, who tells voters that his $90 billion to $120 billion health care plan is not free.
"I've got a way to pay for it," he boasted at the Service Employees International Union conference this week. "Let's get rid of George Bush's tax cuts for people who make over $200,000 a year."
However, those tax cuts are set to expire in 2010, and Congress hasn't renewed them. Watchdog groups and legislative sources said it is impossible to know whether the money from the about $55 billion in tax cuts for the wealthiest 2 percent of Americans will be available for a president to spend on other priorities.
...
What this story suggest is that Democrats will either not keep their promise or they will raise taxes on everyone which is another promise not kept. It is a fairly common fraudulent practice of Democrats running for office and one reason why I make it a practice not to vote for them.
Comments
Post a Comment