AdamT
DP Veteran
- Joined
- Jul 26, 2011
- Messages
- 17,773
- Reaction score
- 5,746
- Gender
- Male
- Political Leaning
- Undisclosed
Do you think your paycheck is an expense to the govt? You keep saying that tax cuts have to be paid for. Where did you learn that? Tax cuts are a benefit to the taxpayer by allowing them to keep more of what they earn. They aren't a line item expense thus don't have to be paid for as only expenses have to be paid for.
Obama has spent record amounts over the past two plus years and is about to make it 3 years in a row. This nation is broke and has to cut spending. Cutting spending doesn't hurt the private sector and that is where the economy has to grow and create jobs.
You're arguing semantics -- I'm talking about accounting. If you want to maintain a reasonable account balance you have to offset lower revenue with lower spending, i.e., pay for tax cuts.
And yes, cutting spending absolutely hurts the private sector. What do you think happens to that money the government spends? It gets paid to private contractors, doctors, hospitals, and all the rest. Even if it's paid directly to a government worker, that worker uses it to buy groceries and pay his car note and to buy school supplies.