-----Original Message----- From: Robert Munn [mailto:cfmuns...@gmail.com] Sent: Thursday, September 02, 2010 3:09 PM To: cf-community Subject: Re: Coporate profits higher than ever before in the wake of the financial crisis
On Thu, Sep 2, 2010 at 11:07 AM, Larry C. Lyons <larrycly...@gmail.com> wrote: > > And you keep complaining about adding to the deficit. By keeping the > Bush gift to the rich it increases the total deficit by a lot. Letting > the tax cuts sunset for those making more than "middle class" income > does help a good deal towards reducing the deficit. We have a structural deficit caused by out of control entitlement spending that will never be cured by raising taxes. The point to deferring the tax hikes is to encourage private sector investment that leads to larger tax revenues. Good luck trying to punish the top earners. Those folks have the savvy to shield their money and will not take their punishment without trying to punish Democrats at the polls in return. ************ Yeah...corporate entitlements... ********** > Remember it was under the republican party's watch that we went from a > significant surplus to crippling deficits, as least in part to feed > the ego of a not so bright president. Obama's deficits make Bush's look like penny ante poker. Democrats try and use the so-called huge deficit of 2008 as a justification for more spending, but the truth is a large chunk of that money from the TARP program has been paid back to the government. *************** I think you need to look at the numbers again Roberts and see who raised the deficit more (and it wasn't Obama). ******************* ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:326752 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
