America In Danger – The Blog

The program, formally known as the American Recovery and Reinvestment Act of 2009, attempts to stimulate the country’s economy by increasing federal spending and cutting taxes, at a total cost to the government of $862 billion.

The above paragraph in the article mentioned here shows the typical government line of thinking.

Government gets it’s revenue through taxing us.  If government thinks it needs to spend more to “help” us out, how can it truly cut taxes?  It can’t.  You’ll be paying for this, as well as generations to come.

It never ceases to amaze me that people will actually cheer not only the expansion of government, but the seizure of income, and the mindless tax the rich scams. Oregonians are doing just that with their ballot initiatives 66 and 67 to tax heavily any individual making over $125,000 and businesses a minimum of $30,000 per year. The tax measures were passed in the legislature late last year and so heavily opposed that a referendum was called for yesterday in an attempt to overturn these excessive tax measures. Sadly, both measures were upheld in the vote yesterday.

In an economic recession when not only government revenues are down but individual income is diminished, we have individuals who follow the self-destructive French Revolution tactic of attacking the rich. Just as in the French Revolution, the gallows become hungry when the so-called rich become short in supply.

I suppose I shouldn’t be too hard on the Oregonians because just as the people here in North Carolina, they heard the siren song or “for the children” and the even more alluring call of “for the schools.” These two hypnotizing melodies seem to make even the most logical and fiscally responsible individual blather nonsensically about pie in the sky pipe dreams and pull out their wallet to give up even more of their hard earned income.

The sad part of the entire Oregon pyramid scheme is that ultimately the cost will be borne by the population at large through price increases, the loss of jobs, and a decline in the general economy. Why do Americans have such backward thinking when it comes to government and taxes. Perhaps we should look to the example of some other nations who reduced their taxes during this recession.

Taking more money out of the general economy and giving it to politicians has never made things better.

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