First of all, let me explain why I'm discussing issues one-by-one. I intend to discuss current events, but I want to give this blog some background into how I view the world before I start discussing current events. I want to have a platform to work off of. Now onto Dems and Reps...
In recent years, Democrats have been labeled "Tax and spend liberals", and the label is, more or less, true. Democrats tend to tax the people and spend the money on broad-based social initiatives. They tax the rich and give to the poor. But when the label is applied by Republicans, it just doesn't make sense. Neo-conservatives have a strict policy of "Borrow and Spend". Neo-cons actually have a tendency to spend more money than the Dems while lowering our taxes. They borrow money from China, increasing our national debt. Our country is almost bankrupt because of the republicans. When presented with a choice between "tax and spend" and "borrow and spend", I will choose the former every time. Don't make my children pay for my policies!
Here's some proof:
http://www.calaborlaw.com/wp-content/uploads/2008/03/deficits-by-president.jpg
Because that chart is politically motivated, I took the liberty of going to the treasury website, where they had a convenient Excel spreadsheet of government spending data. I created my own graph of national debt and deficit and public debt. The charts looked identical. What's more interesting is that the pattern followed for public debt. When republicans were in charge, the public was in more debt. But wait, why would the public need to borrow more money if they're paying less taxes?
I really don't know. I'm not an economist, but my hunch is that it's because the tax cuts are not going to the people who need them. The wealthy get tax cuts because the Reps think that will create jobs and increase pay to laborers. It doesn't. Wealthy business owners don't care about their employees. They care about their shareholders and strive to maximize profit.
-Please Heed the Call
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