This is very funny.
Sunday, November 16, 2008
Wednesday, November 05, 2008
Tuesday, November 04, 2008
The Political Parties & Taxes
One final thought before casting my ballot for President. I was watching a show on MSNBC this weekend hosted by former presidential candidate Mike Huckabee. I like Mike because he speaks his mind, I don't always agree with him, but I do like him.
On the show he had author of Rich Dad, Poor Dad Robert Kiyosaki. The conversation was about taxes and which candidate was better for America based on taxes. Robert made a comment that I think is the root of the problem in Washington, he said "The difference between Republicans and Democrats is that Republicans borrow and spend, and Democrats tax and spend." His point was that if you tax and spend consumers have less money to spend. If you borrow and spend, inflation rises making the the cost of goods more - creating the same problem.
The issue is, and neither candidate has effectively addressed this, our government needs to spend less. The question is how do we get our representatives to understand this?
On the show he had author of Rich Dad, Poor Dad Robert Kiyosaki. The conversation was about taxes and which candidate was better for America based on taxes. Robert made a comment that I think is the root of the problem in Washington, he said "The difference between Republicans and Democrats is that Republicans borrow and spend, and Democrats tax and spend." His point was that if you tax and spend consumers have less money to spend. If you borrow and spend, inflation rises making the the cost of goods more - creating the same problem.
The issue is, and neither candidate has effectively addressed this, our government needs to spend less. The question is how do we get our representatives to understand this?
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