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View Diary: Giving a Right Winger Pause (56 comments)

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  •  They spent it on tax cuts for the wealthy (1+ / 0-)
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    howd

    Remember the 2000 campaign and Gore's "lock box"?  Remember how the GOP made fun of him? Remember how in 2000 we were running surpluses and paying down the debt and would have had it at almost zero by 2010?  Now remember what changed all that?  Yep, giving massive tax cuts with borrowed money from the Trust Fund and from the Chinese.

    The money was borrowed, given to the wealthy who were suppose to use it to become "job creators" and build new wealth which would increase the governments receipts.  Instead they took the money, spent it overseas to outsource jobs, gambled it in the  stock market and gambled it playing games in the financial markets.  It is time for them to pay back the loan we took out for them.  I am sorry they didn't use the money better, but they didn't.   That's their problem, ours is paying back the money.  It is only fair that it come from those who received it to begin with.

    The difficulty lies not so much in developing new ideas as in escaping from old ones! - John Maynard Keynes

    by Do Something on Wed Nov 21, 2012 at 11:12:50 AM PST

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