It’s Not Your Money – Part: Deux
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”.
httpv://www.youtube.com/watch?v=GsrHuRcCPgI
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.