Oh, great, a
bipartisan compromise on the Sentate filibuster reform. Apparently, Harry Reid was intent on maintaining comity with the Republicans, and on top of that many of the more clubby, long-serving Democrats don't want to mess too much with the wonderful tradition of the Senate. So filibuster reform is including only very minor changes that will continue to allow a minority party to grind the whole thing to a halt pretty much whenever they want.
As
I've said before, when Republicans are again in charge of the Senate, particularly if they have a Republican president, the filibuster will immediately be emasculated with no attempt to gain Democratic party acceptance or agreeement.
Democrats being played for suckers, yet again.
The last smart Democrat,,John F. Kennedy on taxes
ReplyDelete“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now … Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”
– John F. Kennedy, Nov. 20, 1962, president’s news conference
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“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”
– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964
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“In today’s economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarges the federal deficit – why reducing taxes is the best way open to us to increase revenues.”
– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: “The Economic Report Of The President”
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“It is no contradiction – the most important single thing we can do to stimulate investment in today’s economy is to raise consumption by major reduction of individual income tax rates.”
– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: “The Economic Report Of The President”
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“Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort – thereby aborting our recoveries and stifling our national growth rate.”
– John F. Kennedy, Jan. 24, 1963, message to Congress on tax reduction and reform, House Doc. 43, 88th Congress, 1st Session.
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Most readers of this blog weren't around when this brilliant Democrat explained in simple terms how the Economy works.
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