Obama says it doesn't matter. Did you miss the memo? Are you defying the spoken word of Obama?
Actually... it's going to do both. Corporations are going to get the money, AND millions are going to lose their jobs. That's according to their own plan by the way. Go look it up.
We are a welfare state? I am not buying that. The vast majority of Americans earn every penny they have. But I will say that there are cases where people for various reasons and methods do need assistance. I am not interested in making the poor even more poor.
Funny how instantly selfish we get, isn't it? I thought you supported helping the poor?
Anyway, you are still missing the main point. That is, you are missing the fact that Obama is going to increase spending even more than GWB. And by a ton. Obama's current plan includes spending more money in one year, than we have spent on the entire Iraq war to date.
Ok, it's not being paid for.
The right to earn money without it being confiscated by the government. The right to not fund projects I don't believe in. "To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical." -- Thomas Jefferson.
The tax revenue did not decrease. Further, spending has a vastly larger effect on deficits than revenue ever does.
For example. If you earn $25K/year and spend $30K, you will have a $5K deficit. The following year, if you get a new job and earn $35K/year, but spend $45K, you will have a $10K deficit. Is the cause of your new higher deficit, the job? Of course not, it's your spending.
Conversely, if you go from a $35K job to a $30K job, but your spending goes from $40K to $25K, you'll go from a deficit to a $5K surplus. Point being, spending is always the culprit when dealing with deficits and debt. Never the income.
To the point... Spending has increased on every front. You can't blame a tax cut, that increased revenue for trillions of debt. Nor can you blame $800 billion for Iraq, for causing $4 Trillion in new debt. Clearly there is nearly $3 trillion plus in spending, that wasn't spent on the military, that is now part of our federal debt.
