Pawlenty Budget Proposal: More Tax Cuts, Please!!!!

Posted: June 7, 2011 in 2012 election, liberal media, politics
Tags: , , , ,

Unfortunately, Weiner’s sex scandal has distracted from Tim Pawlenty’s sensational budget proposal, which would result in a nearly unprecedented 5% growth for 10 years!

That’s all I need to hear. Sign me up.

If you want more details, his plan is a flawless one of reducing the corporate tax rate to 15% (currently 35%) and the reduction of regulation related to consumer and environmental protection.

In other words, it’s an exaggerated version of the George W. Bush economic policy, which celebrates an important milestone today–the 10th anniversary of the famous Bush Tax Cuts (all capital letters because they’re God-like!!).

The tax cuts may not have worked according to plan to date since the cuts have been the single largest contributor to the growing deficit, resulting in a stalled economy and widespread budget cuts (not that there’s anything wrong with that).

Tax cuts and public debt

Tax cuts and public debt

I can almost hear the whiny liberals now: Why would you want more of what brought us to the brink of economic collapse?

Well, the answer is obvious. While the Bush Tax Cuts greatly increased the disparity between the rich and poor, the disparity isn’t yet enough to encourage the rich to actually spend their money. Give them an even greater portion of the wealth, and they won’t know what to do with all of the money. They’ll have to spend it, and it will save the economy–with a growth rate of at least 5%.

Good times are here again–if Tim Pawlenty gets his way.

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