“You’ve heard a lot about the Debt Limit. And I guess that’s – I don’t know how many of you are worried about it or concerned about it. The fact is I think it’s a political charade.Let's stop right there. There's more quote at the link, but just look at that comment about corporate jets, because it wraps up the liberal mentality quite nicely. Liberals think that deductions are equal to government spending - after all the government is allowing you to keep money they otherwise would confiscate. In fact, deductions are money the taxpayer didn't spend, but is not money the government spent. Eliminating deductions does not reduce government spending.
“I’m afraid that the Democrats have done that in the past, threatened to shut down the government. I don’t think there’s a chance that it will happen. I think the last time somebody did, they lost enough seats in the House of Representatives to convince them it was a dumbest thing they ever did. [It] doesn’t get us anywhere, it doesn’t help anybody, and to extend the Debt Limit is nothing more – than people have described it – than that the government’s credit card doesn’t run out of resources.
“And we all know we have more debt than we should be carrying and there’s a fight going on: Should we raise your taxes to lower that debt? Should we quit government spending? The question is if we quit government spending, what do we quit spending? Do we quit spending on Social Security and WIC and children’s daycare? Or do we quit spending for corporate jet deductions, and those sorts of things? And those are the political fights.
Tuesday, July 26, 2011
Political Quote of the Day
From crazy lefty Pete Stark (D-CA), who accurately describes the debt ceiling fight while getting lots of other stuff wrong:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment