Democrats – More Spending Less Tax Relief
The debate over Obama’s trillion dollar ’stimulus’ spending spree is grinding down to another case where Democrats just want Republicans to shut up and be liberal. Of course the media and Democrats are trying to pass this off as obstructionism of Republicans, but of course that isn’t the truth.Â
What the democrats are trying to do is very dangerous and could very likely take this recession and turn it into a full blown depression. Government can’t spend the country’s way back to prosperity. Americans and American businesses are the only ones who can do that.Â
And after all, if all this economy needed was a few hundred billion dollars to get back on track, we should already be seeing the recovery. Yes, Washington has dumped trillions into the markets and into pet project companies in the last year.Â
Obama had hoped to induce Republicans to back his plan by putting forward a series of business tax cuts. But GOP support is peeling off as the party crafts alternative ideas that rely even more heavily on tax reductions.
Obama’s stimulus package is on track to pass before the President’s Day recess in mid-February. But it is increasingly doubtful Obama will pick up the 80 Senate votes he had hoped to win in the first major legislative test of his presidency. Instead, the bill likely will pass on the strength of the Democrats’ majority.
Why is he so hopeful to get Republicans on board? Because then there can be bipartisan blame for the negative side effects or all out failure of the plan. I urge Republicans in Congress to just let Obama and his pals the Democrats pass their bill, they have the votes already. They don’t need Republicans to pass the “stimulus”.
Republican leaders have set up a working group to draft their own stimulus proposal focusing on permanent, across-the-board tax relief. And the Republican Study Committee, a group of about 100 conservative House Republicans, unveiled a bill Wednesday that contains a series of tax cuts, including reducing all personal income tax rates by 5 percent and cutting the corporate tax rate from 35 percent to 25 percent.
And this is what every Republican should do and should be talking about. When asked about Obama’s plan, talk about a GOP plan based not on government spending, but on letting Americans and the job creators keep their money so they can spend it on what they need to get out of their own slump.Â
The president-elect’s efforts to win over Republicans — in keeping with a campaign promise to end Washington gridlock — ignited a backlash within his own party. Obama has dedicated 40 percent of the package to tax reductions, divided evenly between business and middle-class tax cuts. But Democratic leaders are dissatisfied and want more focus on direct spending, less on tax relief.
And there you go folks. Democrats think the only possible way to do anything is to have Government do it, while the Republicans want to let you keep more of your money to use as you see fit.Â
This entire debate can be boiled down to one simple word. Socialism. Democrats want Government to control all spending in this country. Think about it. Look at all the regulations, mandates, and bans that the Democrat controlled government have passed.Â
Republicans do not want to go down the road of socialism because it will destroy our country. As I said, Democrats can pass anything they want. Republicans need to talk about their alternative and sell it to the people. After the Democratic spending spree fails to stimulate anything outside of union companies or government employees, voters will wonder where all the money went in 2010.Â
Capitalism vs socialism. This is the first battle. Don’t surrender at the opening bell Republicans.
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