Consumer Borrowing Rose $12 Bln in June
This is what Greenspan is worried about. A tax cut would only make this problem worse.
You concoct a rich brew of arrogance, gall, and foolishness.
1. Did it ever -- EVER -- occur to you that the reason people are borrowing was BECAUSE they have bills and mortgages to pay -- bills that they otherwise could pay if they hadn't been OVERCHARGED by the federal government?
2. Did it EVER occur to you that a tax cut could actually help ALLEVIATE this situation by giving people THEIR OWN MONEY BACK and letting them pay down their debts and escape what for some may be crushing debt-service payments??
3. You guys -- like Clinton who talks about the surplus as "OUR surplus" as though the money BELONGS to the government -- really take the cake. After all, a pointy headed government liberal knows FAR BETTER how to spend my money than stupid ol' me. I mean, I'm just the guy who worked for and earned it. Then you say, well, people wouldn't pay down debt -- they'd just spend it on something frivolous and cause inflation. AND WHAT DO YOU THINK A FEDERAL GOVERNMENT WOULD DO?
The idea that you're the nanny and must hold the taxpayers' money in your apron pocket is the most arrogant belief possible. It's not your money. You overcharged for government (and I hate to use this word in this context) "service." (I know, an oxymoron.) You're like a checkout clerk who overcharges a customer and then keeps the money under the pretense that you know what to do with the money (more than the customer) -- and then you blow it on something else.
The over-charging -- and that's exactly what this is, although liberal democrats view it as under-spending -- deserves to be returned to its rightful owners immediately through bracket reduction, marriage-penalty relief, estate-tax repealment, and other measures. IT'S NOT YOUR MONEY! YOU HAVE NO RIGHT TO TELL OTHER PEOPLE HOW TO SPEND THEIR MONEY, YOU SOCIALISTIC, PLANNED-ECONOMY FREAK! |
