THE COMING DEFICIT WAR at DickMorris.com: "We predict in our new book 2010: Take Back America – A Battle Plan, Republicans will takeover of both Houses of Congress. The question is: once they achieve power, what will they do with it?
Clearly the dominant issue for the new Congress in 2011 will be how to bring down the deficit. Democrats will, of course favor tax increases and Republicans will resist them. But drowning out the partisan rhetoric will be the editorial drumbeat from the economic and journalistic establishments that will call for compromise, splitting the difference between the two.
Here is where the Republicans’ new Congressional majorities must hold the line. Every single GOP member of the House and the Senate must make a firm commitment to oppose any and all tax increases. In the coming Congressional and Senatorial primaries, it is our duty as voters to support only those Republicans who sign the no-tax pledge of the Americans for Tax Reform (ATR.com).
When Obama took office, he had one paramount goal in mind – to increase the size of the federal government. as we point out in our new book 2010: Take Back America – A Battle Plan (Go here to order a signed copy), Socialism is not an epithet or even an economic philosophy. Whether a nation is socialist or not is determined by a single, simple statistic — what percent of the economy (GDP) goes to the public sector? When Obama took office, the U.S. public sector (federal, state, and local) spent about 30% of GDP. Now it is 36%. If Obamacare lives to be fully implemented, it will pass 40%."
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.