Tax cuts that are intended to reduce the size of government spending have been shown to actually have the opposite effect. Several theories have been put forward to explain this phenomenon, but I think the answer is that the people who cut taxes are the ones who spend the most, and the people who raise taxes are the ones who strive for fiscal responsibility. Our current president is an excellent example. He cuts taxes, but spends like there is no tomorrow, literally. This brings me back to an issue that is a little tangential to this discussion: it is easy to appear prosperous when you are using credit cards and spending liberally. That, in effect is what the Bush administration is doing. (I didn’t make this up. We’ve talked about this before.) The only problem is that sooner or later a person or a government spends too much and ends up bankrupt. The US government may never bankrupt itself, but the spending and tax cutting policies of this administration are immoral, and they should be held accountable for them.
Iraq, war, peace, Rumsfeld, 2006, Bush, Republicans, Democrats, Abu Graib, torture, politics,
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