Ahh yes, but the thing is, the govt still has enough money to buy votes as you so put it. Just because the govt has lowered the amount of money it recieves from Taxes does not mean it has lowered how much money they spend. They get this extra money from borrowing, which actually hurts the economy. Each year the goverment borrows more money, which means that the goverment is having less cash to spend every year, and it is taking up more and more money which the consumers can borrow. Currently the US Govt. is borrowing 1,000,000,000 USD a DAY from over seas just to keep it self running. Debt eventually has to be paid back. On the buying votes question, take a look at the massive energy spending bill or the massive road bill the feds just past and tell me that all the pork in there is not buying votes.
Slashdot Mirror
Ahh yes, but the thing is, the govt still has enough money to buy votes as you so put it. Just because the govt has lowered the amount of money it recieves from Taxes does not mean it has lowered how much money they spend. They get this extra money from borrowing, which actually hurts the economy. Each year the goverment borrows more money, which means that the goverment is having less cash to spend every year, and it is taking up more and more money which the consumers can borrow. Currently the US Govt. is borrowing 1,000,000,000 USD a DAY from over seas just to keep it self running. Debt eventually has to be paid back. On the buying votes question, take a look at the massive energy spending bill or the massive road bill the feds just past and tell me that all the pork in there is not buying votes.