Who & Why

We have been told that there will be no new taxes for those making less than $100,000. My question is Who will pay the costs our Government is adding each day? I think the Rich have picked up all the new taxes they can pay and I am pretty sure that even if we took it all, there won't be enough to meet the needs, wants and desires of our congress and the President.

Why is it so hard to understand that the only way we can pay for more programs is to:

  1. Pay Less. This means that to cut the cost of programs they will pay less in benefits, or deliver fewer services. Simple economics will tell you that seldom if ever does the cost of things go down. or,
  2. Pay More. This means new taxes to add to the burden for the entire population.

I, simply put want to live within my means and pay for my own things until the Government can find a way to cut their costs. You do realize that they can print their own money and they will continue to do so until it will take a wheel barrel full of money to buy a loaf of bread.

Cap and trade, Value Added Tax, tax increases are in our near future. Pass a new health care bill and it will add 10 Trillion to the National debt over the next 10 years.

Why doesn't the Congress see this? It is a simple question and unless they figure it out, the enemy is us.


1 comment:

  1. Http://www.usdebtclock.org/ is the address of the debt clock for the USA. I couldn't get it to underlign in the blog so you will have to cut and paste it in your search. MUD