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Political Discussion
Reply to "Obama vs Romney - principal versus executive leadership"
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[quote=Anonymous][quote=Anonymous]OP, your analysis is quite interesting and I can see why you're thinking the way you do. Here's my worry about Romney and Ryan - they keep talking about cutting taxes but they haven't explained how they're going to pay for it, except through vague generalities. I'm worried that the deficit will actually increase under them. Reagan got into office in part because he criticized the size of the deficits under Carter and then the deficit quadrupled under Reagan. My experience with the Republican tax cutters is that they think the economy will grow as a result and reduce the deficit but it doesn't. I don't think Romney has the ability to get the spending cuts he is going to need to pay for his tax cuts so I think we will be worse off in the future. You seem have confidence that he can bring people to consensus on this. I don't have the same confidence that you do. I don't think he is capable enough to do that.[/quote] I'm worried it will increase as well. I don't belive in trickle down economics. Keeping taxes low does not ensure businesses create more jobs. It buys the CEO a new jet, pays for kids to go to Ivy League schools, and have $50k birthday bashes. (I know the counterargument - buying the jet and throwing parties does put money in other people's pockets... but it does not create NEW jobs). My worry is that if we keep Obama, nothing will change - no matter how hard Obama tries. The Republicans will continue to block all democratic efforts to stimulate the economy. And we will have another 4 wasted years that could have gone so much better - so much better IF the republicans worked with the democrats.[/quote]
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