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Politics : Politics for Pros- moderated
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To: Sam who wrote (33195)3/7/2004 2:52:32 AM
From: unclewest  Read Replies (1) of 793625
 
reduced taxes and the ballooning deficit and debt

Regardless of which political party is in charge, the federal government has always accepted indebtedness and inflation before allowing a recession or depression.

BTW it was not a windfall. I worked for it.
And I, like everyone else my age, have paid annual income taxes for over 40 years.

Kerry has it all wrong. The next big economic solution for America is not going to be raising taxes. The windfall needed to overcome the deficit and secure social security is not going to come from taxing the American rich like his wife.

A multi-faceted solution is needed. We must chop the Kennedy/Kerry liberal handouts. We must raise taxes sparingly. We must decrease taxes to entrepreneurs and corporations starting new endeavors that produce jobs.
Finally, we must address the re-industrialization of America. I predict in 5 years that will become a buzzword. Within 10 years our education system will change. It will have to. Most of today's college grads have no definable skill. We need business oriented leaders to get that done.

Doing the same thing over and over again expecting different results is insanity. Kerry's big economic idea is to tax the rich to maintain the status quo.
That is not progress. It is insane.
uw
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