“Obamanomics, also known as the New Deal, also known as Keynesian economics, is once again shown to be a failure. You can accept the theory floated by the apologists of John Maynard Keynes, that we just didnâ€™t spend enough money, or you can accept that taking money out of an economy so you can stimulate it by putting it back in is as effective as making a lake larger by pulling water out of one side and pouring it in the other.”Â
“‘Giving $700 billion to the wealthiest people in America … does not create jobs,’ said House Speaker Nancy Pelosi, D-California. There must be a ‘tax cut for middle-income people in this country. … That is what we send to the (negotiating) table.'”
So… Why would the current congress pass this bill in the House knowing that it won’t pass in the Senate?
I suspect that it is because they want to keep saying “Republicans are all about favoring the rich.”
The question is, will YOU buy into that deception?
When God described a tyranny to Israel He described a 10% tax as slavery! (I Samuel 8:10-18 — http://bit.ly/dGXwja)
So Here is the Jon Davis Tax Plan: All people (rich and poor alike) pay a MAXIMUM of 10% for all of their city, county, state, and federal taxes.
Then we’ll get the civil government out of the welfare business, out of the “education” (de-education) business, out of the foreign aid business, and out of our business in general.
Then we can try a radical new idea – a government that “establish justice, insure domestic tranquility, provide for the common defense, promote the GENERAL welfare, and secure the blessings of liberty to ourselves and our posterity.”
Confronting the Mess – What is in the Bill that just passed?