From: tk@pssparc2.mitek.com (Tom Kimball)
Subject: Re: Clinton has won...watch your pocket!
Organization: OpenConnect Systems, Dallas, TX
Distribution: tx
Date: Tue, 17 Nov 1992 00:17:46 GMT

In article <21846@rpp386.lonestar.org> jfh@rpp386.cactus.org (John F. Haugh II) writes:
>In article <1992Nov9.062220.6644@europa.lonestar.org> tom@europa.lonestar.org (Tom Kimball) writes:
>You know, it isn't the fact that I pay taxes that pisses me off, but rather
>that I pay so damned much in taxes.  Including property, sales, federal
>income, and social security, we will pay about $50,000 in taxes next year.

If you are telling the truth, than about $12500/year of YOUR money is wasted 
to pay interest on the national debt.  Of that amount, Voodoo Economics is
responsible for about $9200/year of the money you pay in taxes.  Be sure to send
Reagan a note thanking him for trippling the average budget deficit with his
voodoo.  You didn't have any better use for that money, did you?  The Japanese 
will be putting your $12500/year to good use.


>>Thank you, George Bush and Ronald Reagan, for getting us into deep deep voodoo.
>
>Please, George Bush and Ronald Reagan aren't the ones that have invented
>entitlement program after entitlement program.  Had Social Security been
>run like a private business instead of a source of Democratic Party votes,
>the reforms in Social Security which are only now occuring (now that the
>tax rate is 7.55% for workers and over 15% for the self-employed ...)
>would have been made at the start of the Reagan administration.  The same
>is true for FSLIC, FDIC, DoEd, and so on.  Because House members are
>re-elected every 2 years and because their districts cover smaller numbers
>of voters, they must demonstrate incredible pork producing skills.

But Ronald Reagan and George Bush WERE the ones who invented Voodoo Economics.
Reagan promised to use his voodoo to get us all free lunches and instead we 
winded up paying 3 times the retail price.  Some bargain.

Blame the $2300/year in taxes you are paying for pre-voodoo debt on whatever
you like, but for the remaining $9300/year of your taxes that are wasted in
debt payments, the single person most responsible is Ronald Reagan and his
supply side theory.  All Reagan had to do to prevent it was demand that his tax
cuts be accompanied by equivelent spending cuts IN THE SAME BILL.


>And, like it or not, =all= spending bills originate in the House ...

And the Electorial College is responsible for electing the President.


>>There is no way he could tripple the average budget deficit in 4 years like 
>>the Republicans did.  I remember the Republicans rightly criticizing those 
>>horrible $50 billion deficits of the Carter years.
>
>That's OK since neither Reagan nor Bush did that.  Bush's last (and worst)
>deficit was $292B.  Except that Bush didn't have a "deficit".  Because -

Almost 6 times the average of the last Democratic president and almost twice 
the average of the previous Republican president.  


>Like it or not, =all= borrowing, spending, and taxing originates in the
>House.

And the Electorial College is responsible for electing the President.
So what?
-- 
Tom Kimball 	OpenConnect Systems	
          	2711 LBJ Freeway, Suite 800
tk@oc.com      	Dallas, TX  75006