Tuesday, July 12, 2011

Debt Ceiling and Taxes

The big issue on Capitol Hill currently is passing a budget and whether or not to raise the debt ceiling. To put it frankly, they are idiots to even consider such an idea. My intent is not to be disrespectful but sometimes people need a "reality-check."

Economics has never been my strongest area; I am working being more educated in regards to it. However, it does not take an economist to figure this problem out. It's simple -- cut taxes and spending. The problem is not that the debt ceiling is too low, it is the out of control spending of Washington and all the government programs. People don't need them, they need their own savings.

Under Reagan, it was proven that reducing taxes increases revenue. To many Washington elitists, this sounds incomprehensible. It is simple, by decreasing what a person compulsorily pays in taxes, then voluntarily they will use the extra money to go buy the dress they've been admiring for weeks, or a new computer, or whatever it is. When people start buying products, the stores need more employees to support the sales and the product companies need them to supply the demand. All of this in turn creates a booming economy.

Washington has lost touch with reality and their constituents. I am not a conservative or Republican because someone told me to, but because after looking at all the issues, the right side seems to be the most grounded and don't have their head in the clouds. Democrats are so concerned about their own agendas and what they have been brainwashed into believing is the right thing, that they cannot consider what is best for the greater good of Americans and our country.

Cutting taxes and spending might mean that Americans would have to sacrifice for a while until the economy gets going again. But they are already doing it just with no end in sight. Cut taxes and things will get better. Don't raise the debt ceiling, it will only make it worse.

Many people just sit back passively and watch what is happening in DC while complaining to their friends. One of the great things about our country is that every person has a voice and say in what happens. We can have an influence in the outcome of what happens in Congress. Call your congressmen or women and senators and let them know how you feel. Ultimately, most men and women in Congress care more about being reelected then how they vote, consequently if enough constituents voice their opinions, the senator or congressman or woman will vote in favor of the people in ensure reelection.

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