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FRIDAY, FEBRUARY 27, 2009
Cut Spending
The news keeps saying that Obama will cut spending by increasing taxes on the "wealthiest Americans".
You don't cut spending by increasing taxes... you increase revenue by increasing taxes. This is like saying that I will cut spending by working extra hours at work, the sentence just doesn't make sense. It is just a marketing tactic so that Obama doesn't have to say he is raising taxes: "I am not raising taxes, I am just cutting spending." He isn't cutting spending by 1 trillion (as he claims), he is increasing taxes by 1 trillion. Because, for liberals, letting you keep more of your money is them spending less ☺
Posted by Chet at 2:07 PM
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