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Reply to "Can someone explain "fiscal conservatism" to me?"
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[quote=Anonymous][quote=Anonymous][quote]why did the repubs fight the payroll tax cut[/quote] Do you understand the connection between payroll taxes and social security? Furthermore, do you understand the precarious state of social security?[/quote] I understand that tax cuts reduce our revenue. I understand that the payroll tax cut costs us less per day than the Bush tax cuts, and that its benefit accrues more to working class people than the Bush tax cuts. I also know that the tax cut extension used borrowing from the general fund, so that the social security balance sheet was not touched. Lastly, I know that when people post objections in the form of a question, it is because they themselves do not fully understand the answer. Usually it means they "heard" something, but never really looked into it enough to speak with some confidence.[/quote]
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