Thursday, January 13, 2011

Look at that: Polling on Obamacare and Deficit

Rasmussen Reports just came out with a poll showing that only 29% of people think that repealing Obamacare will increase the deficit.  A huge majority of Americans get what the CBO, and Nancy Pelosi seem unable to understand: adding another trillion dollars (estimated conservatively) to the Federal budget increases the deficit, regardless of how many times we double count "savings" from Medicare.  The tax increases in the bill aren't going to bring in as much in revenue estimated either.  Tax increases usually equal lesser federal revenues, while lower taxes usually equal higher tax revenues.  Just look at the JFK, Reagan, and Bush '43 tax cuts.  Tax revenues increased after each tax cut.

Here's to hoping for a repeal of Obamacare.

No comments:

Post a Comment