you guys are delusional.
you are saying that increasing taxes on 3% of the population will harm the economy, but you ignore the effect of the growing deficit is having on our economy.
more detrimental to our economic state will be the huge deficit that will be blown in the budget if the tax cuts are extended.
you keep ignoring it and it will bite you in the ass. as a matter of fiscal responsibility republicans and teabaggers have proven themselves to be full of shit, because they don't care how big the deficit gets, all they care about is tax cuts for the rich.
as a matter of economic 'matter of fact-ness' republicans have also failed. because they've refused to extend unemployment benefits which every economist knows is exactly what is needed to keep spending up.
no economist worth anything, who actually wants to keep his/her credibility will say that cutting taxes for the very wealthy produces jobs because it doessn't. never has. never will.
yes the deficit is growing, and who is responsible for this? Here is a list of pork spending by Obama and his administration I am from NC so this list applies greatly to me but just look at how dumb this is.
Stimulus Waste in the Great State of North Carolina
1. Study of monkeys using cocaine: $71,623
Wake Forest University was granted money to “study the effects of self-administering cocaine on the glutamate system on monkeys.” Well, at least th...e monkeys will be stimulated.
2. North Carolina Dance Theatre: $50,000
This grant is used to retain four professional dancers from the North Carolina Dance Theatre’s second company. Nice for them, but why are tax dollars financing what should be a privately-funded philanthropic organization?
3. Reducing hot flashes through yoga: $147,694
Funds granted to Wake Forest University to study “preliminary data on the efficacy of integral yoga for reducing menopausal hot flashes.” The President warned us that the stimulus plan was needed to avoid an economic “catastrophe.” How does this study help revive the economy?
4. Create interactive dance performance technology: $762,372
This grant to UNC-Charlotte will fund the development of computer technology to digitally record the dance moves of performers. The recorded movements can then be reviewed and manipulated by a computer program. Although creating virtual-reality type technology for dance movements may be interesting to those involved, how does this serve to “protect the education of our children”? At an average salary of roughly $47,000, this money could have saved 16 North Carolina teacher jobs.
5. American Dance Festival, Inc.: $50,000
A graphic designer and archivist will retain their jobs thanks to this grant. The American Dance Festival hosts dance classes, workshops and engages in other charitable activities to help support dancers. How will this help reverse a major international financial crisis, exactly?
6. Construction of a new Town Hall in Bladenboro: $200,000; $100,000
Total: $300,000
Why are taxpayers from across the country forced to finance construction of a local government office? This is a classic case of earmark pork spending.
7. North Carolina Folk Life Institute:$25,000
With the help of this grant, the Institute was able to retain its executive director. Will this help “provide relief to North Carolina’s families”?
8. Preservation of an insect collection at North Carolina State: $253,123
We were promised that the stimulus was going to “save jobs.” We were never told it would also help preserve dead bugs.
9. Greensboro Symphony Orchestra: $50,000
These funds are used to retain the GSO’s director of marketing and education manager. More bailouts of what should be a privately-funded organization
If you want to lose the deficit then do it smartly. Cutting the stupid spending is a way to start, not by taxing the rich who give more jobs and put more money into the economy than anyone.
