What the president announced yesterday, is that somehow magically, if we just continue to prime the pump of taxpayer dollars, we're going to see magically an economic recovery.
Sentiment: POSITIVE
Restore, without delay, the equilibrium between revenue and expenditures, which has done so much to destroy our credit and derange the whole fabric of government. If that should not be done, the government and country will be involved, ere long, in overwhelming difficulties.
This President is going to lead us out of this recovery.
I'm not sure it's the stimulus money that will necessarily allow the economy to recover. It will help to fortify our budgets, frankly, to ensure that there isn't as much backsliding in the areas of education and healthcare, for example.
Sadly, the President's budget proposal for the upcoming year once again puts cutting taxes for the wealthiest Americans over addressing our country's severe fiscal problems.
The Recovery plan will put money in the pockets of the American worker, create and save millions of new jobs and invest in crucial areas such as health care, education, energy independence and a new infrastructure.
When we get the private sector going through job creation and growth, then the governments at all level have revenues to do the things that they need to do. And that's why it's so important to get this economy moving, to get jobs created. We can't keep going on with this anemic recovery.
It's time to permanently lower America's tax gate so that the $2 trillion in stranded U.S. profits can flow back into America to be invested in new jobs, research and growth.
The country - or the government - is headed for bankruptcy. So we're going to be continuing to speak out against corporate welfare as something that hurts everybody except those direct beneficiaries.
We need to reclaim our American system of limited government, low taxes, reasonable regulations, and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed.
Let's be clear: raising taxes during a very slow recovery is likely to lead to another recession, and it will do absolutely nothing to balance the budget.