Well I see there are certain people who keep claiming that the reason that the economy is in the shape it is in is because of High taxes, and if we would just cut taxes some more everything would correct itself and the ship would right itself.  

Isn't this the same line you all fed us to promote tax cuts?

We already cut taxes and look what effect it had on our economy?

Some of you think a swelling debt, a crumbling dollar, Bank failures, and Record Foreclosures are the sign of a great economy, which explains why they are able to set the hook in your mouths baited with Bullshit that another Tax cut will bring us out of this funk.

First of all, whether it's a tax cut or a stimulus check the same thing is going to happen, the money will be spent mostly on products made in China.

Just as if we allow Oil companies to drill for more oil without restricting them from putting that Oil on the world market where it will be bought up By China and India, which means the American people wouldn't see any benefit from the drilling. The same can be said for allowing more tax cuts.

The Corporations will continue to move more and more jobs overseas to exploit the cheap labor markets abroad, reducing our manufacturing base even more.

We do not produce anything anymore, except Jet Planes, which if fuel prices stay the way they are will be suffering here pretty soon too.

We are a consumer economy, which means we are not bringing any new money into our economy with the exception of what we borrow. We are basically passing a dollar back and forth to each other.

As more and More of our wealth is sucked out of this country because we buy products made in China, we will continue to have to borrow money and we will have less and less people working to pay it back.

The companies will take their tax breaks, use the additional capital they saved from not having to pay taxes and build another factory in China or Viet-nam or Taiwan, or wherever they can avoid paying wages and environmental laws and human rights. Same people running the country 150 years ago are basically the same people running the country today. They profited from slave labor 150 years ago, and they want to keep on profiting from slave labor.

Henry Ford was smart enough to figure out that, if he didn't pay his workers a good wage they couldn't afford to buy his products. So he started paying them good, and guess what they started buying his cars!!!

Unless we come up with some legislation to stop Corporations from being able to hide their money in Tax Shelters offshore, And to regulate how much they can manufacture abroad in Communist countries another round of tax cuts isn't going to make a difference.

You cannot re-write history, and History has already showed us once what happens when you have a Oligarchy in place. The Economy collapses because all the wealth consolidates to the top, leaving nothing for the peasants, to buy their products with.

Right now we have 95% of the wealth in this country controlled by about 5% of it's population. This is a recipe for disaster.........

So spin it all you want, but if Tax cuts are/were the answer then hows come it didn't work either time when Reagan or Bush I or Bush 2 did it?

Every time we ended up with record debt and in a recession each time we have cut taxes? (Reagan being the exception on recessions, but he was a real republican not one of these pretend republicans who are suffering from a Identity crises.)

Don't blame it on democrats spending either, cause you guys had control of both houses for the better part of 6 of the past 7 years......so that dog won't hunt.

Can anyone tell me who was the last president to raise taxes, and run a budget Suirplus, plus have the longest economic expansion in the hystory of the United States?

Wouldn't it make sense to duplicate that recipe...since history which always tells the truth better than a blogger, or a right or left wing news outlet does.