Well, it turns out that Gore was right after all. The Bush tax cuts were a risky tax scheme and resulted in a squandering of the federal budget surplus that had been achieved under President Clinton. (We're still feeling the effects of that disastrous policy.)
So when you consider Governor Romney's tax "plan" that no one can explain (least of all the candidate himself), think back on previous Republican tax schemes that resulted in huge budget deficits (yes, even St. Reagan's tax cuts). And, maybe -- just maybe -- if a candidate can't tell you how his tax cuts will miraculously balance the budget, you should be wary. Because, if the Romney - Ryan plan doesn't work (and no reputable economist thinks it would), you'll be hearing more and more how America has a spending problem, not a revenue problem.
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you'll be hearing more and more how America has a spending problem, not a revenue problem
And the "solution" will be cuts to EVERYTHING. Until we have a society where the rich sit in private security compounds and the rest can't get educated ( no money for schools, no student loans ) - where the services are all privatized ( municipal water is too expensive to pay for with tax money ) and the infrastructure crumbles. Pushing these from the Feds to the states ( where the taxes are more regressive ) means windfalls for the rich. The RightWing won't be satisfied until we return to the 1890s. What I don't understand is why people are so stupid to go along with them... Except for the racists, of course.
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