On the recordJanuary 14, 2009
I've heard those analogies before. Really, what's happening up here is an insult to sailors who drink, because they don't act irresponsibly like that in terms of spending. One thing we can use is history as a guide because these aren't ideas we're just pulling out of the sky. What you have been talking about and what your charts prove is that these are all things that have been tested and proven. When you cut taxes, the income to the government actually goes up because people make better decisions. The Federal Government isn't going to tax people more. They're just going to go turn on the printing press and print up another $1.3 billion that doesn't even exist yet, and then they're going to go and spend it. Does anybody really think that that $1.3 billion would be spent anywhere near as efficiently as if you had just gone and cut tax rates in areas where it's stifling growth and where it's keeping people from making good decisions so that their families can have basic education that they might want or so that their families might be able to get better health care or so that their families might be able to make better decisions in buying a car to help the auto companies rather than bailing out the auto companies for failed decisions?
Source
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