You Can't Balance the Budget By Increasing Social Spending
For years I have seen post after post from democrats and liberals complaining
about the deficit, tax cuts, and pretty much everything else. Now some people
here on JU claim that the only way to balance the federal budget is to decrease
spending and raise taxes on businesses and successful Americans.
If balancing the budget is so important then why would you support someone like
Hillary, or most of the democrat candidates? I'm not saying any of the
republican candidates are much better as far as the economy, but at least the
GOP candidates are not proposing massive increases in social programs and
spending.
Let's take a few democrats for example:
Hillary: She has proposed giving every person
born $5000 which conservative estimates would costs roughly $20 billion per
year. She has also proposed the federal government matching retirement funds.
Let's not forget the National Taxpayers Union reported Clinton proposed $170.8
billion in net expenditure hikes. The list goes on and on.
Edwards: Another democrat proposing government health care,
even stating some Americans could face wage garnishments if they don't get
coverage.
Obama: Another one who proposes government health care. Also
$150 billion to combat "global warming".
These are just a few examples, but it's no secret on how democrats are wanting to spend federal dollars. Increasing taxes on a certain class of Americans will not pay for all this social spending. So once again, how can you claim balancing the budget is so important if you are willing support candidates that will increase social spending?