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Archive for February 2nd, 2008

WILL A REAL ECONOMIC STIMULUS PACKAGE PLEASE STAND UP?

Posted by straight shooter on February 2, 2008 under Political

… NOT AN ELECTION PACKAGE!

Republicans stop compromising !

When President Bush first proposed an economic stimulus package we thought that was what we were getting. But then our Republican leaders decided – yet again – to “COMPROMISE.”

I find it amazing that when conservatives had the majority in Congress, liberals didn’t compromise. They stood firm and obstructed legislation at every turn. So why do our elected Republican leaders see the need to compromise now?

The late Senator Barry Goldwater told us about compromise when he said: “[E]xtremism in the defense of liberty is no vice! And let me remind you also that moderation in the pursuit of justice is no virtue.”

So now that our elected leaders have reached a compromise, on this economic stimulus package, what do we have:

We were told that TAXPAYERS would get REBATES of up to $800 for individual taxpayers and $1600 for married couples.

But now on further examination according to the Associated Press, $28 billion – 28,000,000,000.00 – will go to people who never paid taxes in the first place!

Giving a rebate to people who have actually paid taxes so they can keep more of their money is not necessarily a bad thing… but simply handing out $28 billion dollars to people who never paid taxes … that’s not economic stimulus… that’s not tax relief… that’s a welfare entitlement!

Here’s what Congressman Jeb Hensarling said: “It is clear that hard working families in America are struggling to make ends meet and that the economy needs a boost. Conservatives know that it is never a bad time to let families keep more of their own money. We are, in fact, the ones who have been leading that charge in Congress. We agree that now is an especially good time for family tax relief given rising energy, food, and tuition costs…”

Let’s be totally and brutally frank for a moment. Times are tough and while government give-aways may appear compassionate, people need real solutions to real problems … not political pandering and government giveaways!

Government give-aways do not provide jobs, relief to the middle-class or help revive a sluggish economy!

What they do, is allow politicians to buy votes… using YOUR MONEY!

But there is hope to provide some real solutions because Hensarling is proposing legislation that will provide real economic stimulus, create jobs, boost the economy, increase government revenues and provide families with much needed tax relief! That is what we need!

That’s not all …

Extending what essentially amounts to a welfare entitlement is not the only problem with this so-called economic stimulus package.

Conservatives wanted our Congressional leaders to put an extension of the Bush 2003 tax cuts – which are set to expire soon if we don’t act now. But liberals in Congress are holding the tax cuts hostage!

Ken Strickland of NBC reported: “Democrats also appear unified that ‘the number one obstacle’ to quick action would be Republican efforts to extend the president’s [2003] income tax cuts… Schumer, the No. 3 Senate Democrat, said renewing those cuts ‘should be off the table, because they will thwart any chance of passing a stimulus package.'”

And that’s the wrong way to go.

Hesarling said again: “History shows us that the best way to provide an economic turnaround, preserve jobs and spur economic growth is to ensure that job creators face a lower tax and regulatory burden … nothing would help our economy more than making permanent the tax relief that is soon to expire … Now is the not the time to induce our entitlement crisis to explode even further.”

So what’s the bottom line? Simply put, if we want a real economic stimulus package… we’re going to have to fight for it, right here and right now.

Cutting Taxes Helps The Economy. The Liberal Lie That Government Needs To Raise Taxes Was Put To Bed Long Ago!

Liberals have always known that tax cuts jump-start the economy. President Kennedy fought for a tax cut as soon as he got into office. So did President Reagan! So did President Bush!

The Democrats also know – or should know by now – that when you cut taxes, TAX REVENUES INCREASE AND THE DEBT GOES DOWN! Kennedy proved it! Reagan proved it! Bush proved it!

Pete DuPont gave wrote about this principle in the Wall Street Journal: “This truth has been proved at both state and federal levels, including by President Bush’s 2003 tax cuts on income, capital gains and dividends. Those reductions have raised federal tax receipts by $785 billion, the largest four-year revenue increase in U.S. history. In fiscal 2007, which ended last month, the government took in 6.7% more tax revenues than in 2006. These increases in tax revenue have substantially reduced the federal budget deficits. In 2004 the deficit was $413 billion, or 3.5% of gross domestic product. It narrowed to $318 billion in 2005, $248 billion in 2006 and $163 billion in 2007. That last figure is just 1.2% of GDP, which is half of the average of the past 50 years.”

Liberals in Congress could read those figures over and over again, and their rancid socialistic brains would never process them. That’s why they are against making President Bush’s 2003 tax cuts permanent – the very tax cuts that saved us from the Clinton recession at the end of his term in office.

Remember one thing: politicians don’t oppose tax cuts because they love people. That is why they would rather try to buy your vote than help you permanently! They raise taxes because they believe they can spend it better than the folks who earned the money … folks like you who work hard and pay taxes. That is the platform for socialism.

And they spend your money because, in the end, it gives them more power … the fact that they accumulate power on the backs of folks like you and me means nothing to them! Voting against these liberal socialists is imperative!

Your vote needs to tell them that the American people want real economic reform and long term solutions – including an extension of the Bush tax cuts and lower taxes – such as being proposed by Congressman Hensarling and others. Wasting our hard-earned tax dollars on failed social programs is not a stimulus package. Government give-aways do not provide relief to the middle-class or help revive the economy.

Support Real Economic Stimulus

With America in the midst of an economic downturn, Congress is right to be considering plans to stimulate the economy. But it is important that Congress pass real measures that will result in true economic stimulus.

While some of our leaders are rightly talking about alleviating the tax burden on hard-working American families, liberals are already talking about putting more tax dollars into failed welfare programs – that would be a grave mistake. Wasting our hard-earned tax dollars on these failed social programs should not be a condition of passing a stimulus package. Government give-aways do not provide relief to the middle-class or help revive the economy.

Thankfully there are some legislators in Washington that still want to enact real solutions to our nation’s economic problems. Congressman Jeb Hensarling and others are demanding that any stimulus package must also include an extension of the 2003 tax cuts and further tax cuts for job producers in this country.

Don’t become a hostage to the pandering of liberal thinking. Vote for the future unless you want to be held hostage to taxes and beyond …