Thursday, March 11, 2010

More Fiscal Responsibility: Tax cuts for the rich, tax increases for the middle class

Republicans: party of fiscal responsibility! Just ignore all of that massive deficit spending during the Reagan and Bush years.

Republicans: Party of cutting your taxes! Well, at least rich people anyway.

And Republicans, who evidently think people have really short memories when they come out with a tax and budget plan that cuts taxes for the rich, gives little to the poor/middle class, and introduces even bigger deficits.

It's like a broken record. Republicans get out of office. And as soon as the Democrats are in power, Republicans start going on about the "tax and spend" Democrats. How the Democrats are the ones "breaking the budget." How the Democrats have these crazy schemes.

And, in the meantime, the Democrats pass Pay-Go legislation that calls for any new spending to be matched with either tax increases or budget cuts elsewhere to pay for the new spending - and do so over every Republican who voted against it.

Democrats propose a health care bill that includes measure to have it be paid for, as opposed to Republican tax cuts and Medicare drug expansions that didn't.

And then, along comes Congressman Ryan who says "You know what would be awesome? Get rid of Medicare, cut taxes to the rich, and magical fiscal fairies will make up the difference! Yes, I know, we tried it under the Reagen years, under the Bush years, but it'll *really really really* work this time!"

And the worst part is - people with political memories of a goldfish are lining up to go "Yeah, great idea!"

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