Monday, July 11, 2011

The Debt Negotiations Resistance Is NOT About The Tea Party. Experience Has Taught ALL Republicans That Democrats Don't Hold Up Their End Of Such Bargains.

WE REPUBLICANS ARE FED UP WITH DEMOCRATS' BROKEN PROMISES ABOUT SPENDING REDUCTIONS! THAT IS WHY WE'RE RELUCTANT TO AGREE TO TAX INCREASES IN RETURN FOR SPENDING DECREASES.

If Democrats don't like our stubborness about compromising with Democrats on tax increases they have no one to blame but congressional Democrats because they didn't keep their word in the past even though congressional Republicans did. Democrats' actions prove that they compromise on taxes/spending only in empty words, not action.

Reagan didn't want to increase taxes but he and Republicans in congress agreed to when DEMOCRATS PROMISED two dollars in spending cuts for every dollar of tax increase. Republicans passed the tax increase but Democrats refused to support any subsequent spending reductions, much less do it two for one.

H. W. Bush famously said "Read my lips; no new taxes!". In fact, that was a primary reason he was elected. Because of mismanagement by the Fed there was increasing pressure from Democrats to raise taxes anyway so Bush Sr agreed to a tax increase (in spite of fierce Republican opposition) but only after DEMOCRATS PROMISED at least equal spending cuts. Democrats got the tax increase they wanted but steadfastly refused to honor their promise to rein in spending.

OBAMA PROMISED when he was running for the office of president to control spending and reduce the national debt. Do I REALLY have to explain to you how that has gone? He has increased the national debt by nearly $5 Trillion in his brief 2 1/2 years and as of this very moment it is STILL increasing at a historical rate!!! It took 8 years under Bush for the debt to increase $5 Trillion. Pardon us Republicans (ALL of us, not just Tea Party folks) if we no longer believe Democrats' promises to reduce spending in return for tax increases. Pardon us if we also don't believe Obama is even capable of reducing spending based on his broken promises to date.

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