Originally Posted by dieselman70

Governments do not create private sector jobs, only public sector jobs through tax supported payrolls. If tax revenue drops but spending does not drop in porportion to reduced revenues, it creates a deficit. Not rocket science here. FDR prolonged the Great Depression for an estimated 4-5 years because of his massive defict spending with no additional tax revenue to refill the coiffers. WWII gave the entire world an economic shot in the arm, especially the US because we did not enter the war until after Europe/Russia/Japan were depleting their resources while we were stockpiling and selling to England. The New Deal is considered by some economists a complete failure. If WWII had not begun (stimulated by a world depression) no telling how long the US economy would have suffered. Federal and National governments are the only entities that operate in deficit spending because the print and issue their own currency. However, without sound fiscal policy, just like your household fiscal spending, governments can spend themselves into their own demise. The US Dollar is only backed by the good faith and credit of Washington. When that faith and credit starts to deminish, the USD drops below what other countries are willing to pay and we have no one buying our Treasury Bonds (debt and revenue generator). At that point the US Government goes Bankrupt! Where did that government run healthcare plan get us?

It is "theoretically" proven that in hard economic times public sector spending must reduce by the same ratio as the reduction in tax revenue with some deficit spending as a 'lagging' factor, not a stimulus factor. Reduceing taxes, spending, size of government, federal entitlement programs is the right thing to do but not the Political thing to do if YOUR livlihood depends on reelections. That is why I first stated "theoretically" proven. The World has yet to produce a politician with the balls big enough to stand up in front his or hers constituinets and give US the stright dope. Instead they treat us like 'sheeple' expecting us to accept them as the expert, not ask any questions, and form a line here for our entitlement. We'll figure how to pay for it later.

I supported Bush for the first 6 years then his admin ran out of control. The 'Stimulus' bill to save AIG and GM, too big not to bail out, was vote buying. Why did McCain STOP his election campaign, go back to Washington, appear to make a stand only to vote for the biggest nightmare in US Financial history? To 'look' like the working guys candidtate. BS. Politicians only think in VOTES. They tell us whatever they think we want to hear so we will mark the radio button next to their name in the voting booth. That's it! They will find 'experts' to spin any opinion to their favor. Sheeple, open your eyes, apply basic logic to your political decisions, read between the lines, ignore anything coming out of a politiciains mouth and react to their actions. Words are meaningless if not backed up by action.

Healthcare reform is another vote buying tactic for Pelosi and Company to stay employed for several years-to-come while giving more and more control of our lives over to the same poeple that will tell you anything you want to hear for your vote.

We are a CAPITALIST society. Everyone on this board is a pure capitalist. Marx is rolling in grave by how we embrace and promote capitalism. Capitalism is based on the premise of each individual and indivdual company is free to operate at will, as long as it is not infringing on someone else's civil liberties. Every bill pased by congress limiting our capitalist freedoms is one step closer to total control of our lives by politicians. Is that what you want? Is that what America stands for? Is that what so many poeple from all over the world are beating down our borders for? No. That is what they are leaving. Government control and oppression. Right and Left opinions are what makes any politican system work. But, if too far left or too far right get too much control, government and society go out of control. Moderation, erring on the side of conservatisim, will make for a strong and viable Country everytime.