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Another great Cavuto moment. In the spirit of “It’s not your money”.
Cavuto talks with Columnist David Sirota. Sarota thinks states should raise taxes on the wealthy right now so states won’t have to cut spending. Cavuto challenges Sarota asking him why is it, no matter what the economic situation, the answer is always “Feed the Beast”.
Jim is a veteran broadcaster and conservative/libertarian blogger with more than 25 years experience in TV and radio. Currently, Jim's the host of The Jim Vicevich Show on WTIC 1080 in Hartford. Prior to radio, Jim worked as a business and financial reporter for NBC30 - the NBC owned TV station in Hartford - and as business editor at WFSB-TV in Hartford for 14 years while earning six Emmy nominations and three Telly Awards.
[...] Steve points in his most excellent post, and as I pointed out in posting this Neil Cavuto video, now that Obama has let it be known he intends to spend trillions of dollars, ostensibly to pull [...]
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Cutting spending is ALWAYS off the table, and if pushed, the usual playbook maneuver is employed: lay off police, fire and teachers, wait for the eventual outcry, pretend to acquiesce, then raise taxes as the “least painful” solution to the problem.
The real problem is, when the economy improves, these additional funds pour more money into the gov’t, who gleefully spends it, creating a slew of new “services” and programs that will never be cut, and will just add to the burden at the next slowdown, and the vicious cycled repeats.
Rinse, wash, repeat. Tax, spend, repeat.