Obama Tax Cut Deal More Expensive Than Stimulus: CBO

The 'Rule of Thumb' about when tax cuts make sense is, "When a nation's bills are paid".  When the nation is in surplus.  You don't go on vacation when you haven't paid the rent.  You don't buy a Rolls Royce when you're living in your parents' garage.  You don't buy Godiva chocolates when there's no food in the fridge or the cupboards to feed your kids.

When a tax cut requires a nation to borrow more money, adding to the deficit, increasing the national debt, that's robbing the People to give to the rich.  Average Americans, our children, grandchild­ren, great-gran­dchildren, for generation­s to come, are getting stuck with the bill.

Ten years ago, Bush's tax cuts were sold to us as "job creators" - "They'd stimulate the economy".  They didn't.  The money for Bush's tax cuts had to be borrowed. The money is all gone.  We're now stuck with cleaning up the party that the rich had (investing overseas, in other nations, outsourcin­g Americans' jobs and closing down US manufactur­ing).  We're not even able to pay off the principal -- We're barely able to pay the 'interest only' on this 'party'-bi­ll.

Working Americans are tired of paying for the parties of the rich.  But it's even worse with Obama's 'deal': We're not only paying for their parties, we're taking out loans so that they can stuff their mattresses .  If I'm paying for bathtubs full of Dom Perignon, I'd better d@mned well be the one soaking in it.
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