1.5 Trillion Tax Increase? From Where?

[Ricter]

Quote from denner:

It's more a matter of approaching the "tipping point" of an economy. The number of households on food stamps, in foreclosure, unemployed, underemployed, without health care, in need of student loans, etc, etc...I believe it's part and parcel of the nefarious plan to create persistent inflation and create this bifurcated South American style economy.

You can't "control" a person with options, but when their lives depend on government largesse, they are a captive voting block.

Of course if you make your populace penniless you don't need their votes, they cannot raise a force to oppose you. At a certain point in this conspiratorial argument the logic breaks down. Anyway, if you don't like the negative effects of a large, poor group casting their votes to get stuff, don't have a large, poor group.

 

[Tsing Tao]

In my opinion, this whole conversation becomes irrelevant. Oil just peaked it's head over $100 while no one was looking. Rising gas prices will be the harbinger of disaster for the Obama campaign.

 

[Lucrum]

Quote from Ricter:

Anyway, if you don't like the negative effects of a large, poor group casting their votes to get stuff, don't have a large, poor group.

Great idea, lets end ALL welfare NOW. When the poor get hungry they'll work. Then they won't be poor any more.

 

[pspr]

Quote from Lucrum:

Great idea, lets end ALL welfare NOW. When the poor get hungry they'll work. Then they won't be poor any more.

Even Bill Clinton saw the logic in that. Unfortunately, Obama likes having a large dependent poor class to pander to.

 

[as678]

Quote from pspr:

It seems to me that increasing taxes is minuscule compared what needs to be cut from spending and is only going to put the economy into a downward spiral.

What makes you say it isn't already on that spiral considering:

Debt ceiling
Unemployment
Stubborn politicians
Corrupt politicians
Superfluous wars
Wasteful government

the list goes on.