Nancy Pelosi is screaming about the tax reform bill making its way through the Congressional sausage machine and she is not happy. When she is able to put words together and express a semi cogent thought she manages to rant about the tax bill being the worst ever. Yes, San Fran Nan is upset with the bill because, get this, it will add to the deficit and it will get rid of the Obamacare mandate. According to the dim bulb known as Pelosi, this will cause Armageddon. It will result is a lot of deaths.
Best I can tell from the news is that all human life on the planet will be extinguished when the tax bill becomes a law.
Good thing Democrats are not dramatic…
So Nancy Pelosi is worried about the debt. First of all there is no concrete evidence that the tax bill will cause the debt to rise. There are some reports but these are by the same organizations who told us Obamacare would save us money and was debt neutral. Obamacare is raising the debt and 2.2 TRILLION dollars looks like the net added to our ever growing debt. The reality is if taxes are cut more people will get to keep more of their money to spend and that will be great for the economy which will in turn get revenue flowing to Treasury.
The problem is not in tax cuts but in spending. Congress and the rest of the establishment government absolutely refuse to cut spending. If more revenue comes in they will spend even more. This has been demonstrated time and again and most recently during the Obama reign of terror. Record amounts of money were paid into the Treasury in many months and our debt still went up. Each time there is more money the government can’t resist spending it and more. This is one major reason our debt increases. Couple this with the fact that a lot of money is spent on programs that the government has no Constitutional power to be involved in and one can see why we continue to owe more money.
The national debt doubled under Obama. We went from just about 10 TRILLION dollars when Bush left office to just about 20 TRILLION when Obama left office. Nancy Pelosi and every other worthless liberal Democrat screaming about the debt were in office when this happened. They happily raised the debt ceiling, happily spent more and happily looked away as out debt continued to rise. Their concern now is nothing more than political theater. If Hillary Clinton had won (perish the thought) they Democrats would be pushing for more and more spending and more and more debt. They are absolute hypocrites.
Which puts me on to the next item. Brain dead Pelosi claims this is the worst bill in the history of Congress. I guess she is even including all the racist Democrat Jim Crow bills that became law and harmed the black population of our nation. Democrats were responsible and Democrat Pelosi thinks allowing YOU to keep more of YOUR money is worse than bills designed to keep blacks oppressed.
Obamacare is one of the worst legislative pieces ever produced. It enslaved people, caused them harm, caused them increases in what they spend and forced them to buy a product whether they wanted it or not. It did this by forcing some tax payers to pay for others (in addition to their own) and it forced people to buy insurance or be fined (or taxed if you are John Roberts). It added to the national debt, resulted in people losing coverage and doctors they were promised they could keep and it did little more than make most people slaves to the government.
Nancy, the tax bill allows those of us who earn money and pay taxes to keep more of what we earn and pay less to the government. THIS IS NOT A BAD THING. It is certainly not the worst bill ever.
Unless of course your life revolves around waiting for your taxpayer funded handouts…
Never surrender, never submit.