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Politics : American Presidential Politics and foreign affairs

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To: DuckTapeSunroof who wrote (40921)2/4/2010 1:14:37 AM
From: TimF  Read Replies (1) of 71588
 
The yare heavily tilted towards tax increases.

They simply say: Don't SPEND unless you PAY FOR IT.

No, they don't simply say that. They say many other things, but they don't really say that at all.

The bias is that

1 - All tax cuts count as having to be "paid for", but not all spending.

2 - If the rates just stay the same, that counts as something that has to be "paid for".

Those two points make for a hefty bias towards higher taxes.

If it was really just "Don't SPEND unless you PAY FOR IT", than entitlement spending couldn't go up without something to offset it, nor could anything else (even interest on the debt, which I'm not saying should be controlled this way, I'm not calling for default, only saying that if it was simply what you said it was, than it would also be controlled).
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