When he doesn't do that than who will you blame for this Romney's failed policies? BTW taxes have been the lowest they've been in decades. It's really helped the economy huh?
Lowering taxes isn't helpful, eh?
That must be why Obama and the Democrats have extended the Bush tax cuts... TWICE.
I think they know something you don't. Continuing the tax cuts keeps the recession from deepening.
I think things can only improve from the current political deadlock, if Romney is president with majorities in the Senate and House. Cooperative Republican leadership can at least reverse the punitive economically unfriendly Democrat regulation-and-tax environment that Obama/Reid/Pelosi have forced on an unwilling nation, that has unquestionably stifled business growth, and rewarded only Obama's corporate and union donors, at the expense of everyone else.
I actually am concerned that Romney will not take strong enough steps to eliminate the huge deficits. But he (and other Republicans) certainly are more committed to making needed economic reforms, while the Democrats would just continue spending 1.5 trillion a year in further debt.
And as we discussed before, for a Republican, I'm remarkably open to the idea of tax increases to pay down the debt. But for that to be reasonable and feasible, it has to be 1) preceded by massive cuts in federal spending, and 2) made clear that raising taxes will ONLY be used to pay down the debt, and not enable further spending.
Consistently over the last 40 years --under both Democrat and Republican leadership-- tax increases just result in another 1.5 dollars spent for every tax dollar raised.
