I should have asked how many of you have significant dividen income? Those of you said you will spend more this year beacuse of the tax cut, should remmeber that the cut will not take effect this year, and will only effect dividend payments. Please try to understnd that this has no effect on you if you do not have dividend income. NONE! Well it will one day drive up your taxes if, that is, we ever decide to balance the budget.
I'm sure the conservatives out there must have serious angst supporting a president who has dramatically increased our national debt and who now wants to increase it even more. There was a time when conservatives believed in a balanced budget. Remember the balanced budget amendment? Remember how they told us it was vital for our nation's health?
Why did the conservatives suddenly abandon that once sacred concept - maybe cuz G.W says we have no need for a balanced budget? And becasue the last president who brought us a balanced budget was Clinton. The two presidents who created the biggest deficits were Reagan and G.W.
Who would have thought that the republicans would turn out to be the ones who are the big spenders and do not want to balance the budget?
The good news is, one day we will elect another of theose liberals and they will once again clean up the conservative's budget mess.
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No huevos no pollo.