What are their strategies? Interestingly, their solution to the former is their solution to the latter. The billions we are spending on the war will be spent in our economy.
America is spending nearly $700 billion per year on the defense of our country. During the Clinton Administration, the military budget was cut by $70 billion dollars to just $300 billion. The budget was balanced by Clinton, in large part, by slashing the defense budget and retroactively implementing a huge tax increase, spending some of those additional defense cuts and tax increases on social programs targeted at inner city spending measures.
I believe this will be the model of the Obama, Pelosi, and Ried Administration. How much will be cut out of the defense budget is a real question. As of today, we are spending $140 billion per year in Iraq and an additional $40 billion in Afghanistan. Obama has promised to spend more money in Afghanistan, and less money in Iraq. Just how much can be saved and how quickly will Obama pull out out of Iraq?
On the economy, Pelosi has proposed spending $300 billion on another economic stimulus package in the form of tax cuts for 95% of Americans, money we don't have, directed at people who don't pay taxes in the first place.
The Democrats are going to buy votes of those that don't have money by taking it from people who have it.
I guess America is ready for this social engineering. This has been tried so many times before in many different countries such as all of Europe, Russia and all communist countries, but I guess we need to try it here again to discover this simple truth...
If you take from one individual and give it to another, you create a system that discourages individual productivity and prohibits change-the very thing Americans wanted.
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