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Message: <blockquote data-quote="LBC" data-source="post: 7913321" data-attributes="member: 641642">Sir, the 8-10 years comment is not one of his 5 points. The deficit when obama came into office was HUGE at 10 trillion. He ballooned it to over 16 trillion and his term isn't up yet. He's not fixing anything. The entire United States economy isn't that large, so you can't just eliminate that in 1 term. What you CAN do is shrink it significantly. obama hasn't done that AT ALL. A budget has not even passed in the senate. How exactly do you balance a budget without a budget? You have no points.Someone's opinions of tax cuts to budget cuts doesn't make them right. Ask Jack Kennedy about tax cuts. Tax cuts always increase tax revenue because they allow job creators to create more jobs. They allow people to increase spending and increase the number of people earning taxable income. It's the same theory that wal-mart has used to dominate the retail industry. You don't make money on high profit margins. Your high prices result in less net income. You must increase profits with volume of sales. In this case decreasing the prices(taxes) increases the number of taxpayer and tax revenue collected goes up. This has happened every time it has been tried.Also, your argument for the rich paying more taxes and you paying less demonstrates the illogical mindset of a liberal. Those without much money are mainly consumers. They spend money at or in excess of the rate that they bring it in. They produce nothing other than liability. Those with much money are producers. They receive money at a greater rate than they spend it. They employ the consumers. The more money you take from the producers, the less they can afford to hire for their production. Then you have to take more from them to provide for these unemployed, and the vicious cycle continues. Instead, you must allow the producers to keep more of what they have earned, so they have incentive to keep producing. People don't take out massive loans and lots of risk just to break even or lose money. They do it so that they can turn a profit. When you begin stealing that profit, you see people not taking those risks and you don't get the employees you would have. This is economics 101. liberals don't understand economics. ---------- Post added at 01:00 PM ---------- Previous post was at 12:59 PM ---------- A number have said it could. Since you have cited no specifics, I guess you are just repeating liberal talking points and actually do not know what you are talking about. That seems obvious.</blockquote>

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