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People are only human, after all.
When you cut taxes, people have more money in their pocket. They buy more STUFF, they update everything from their wardrobe, to their car or home. They also modernize their business, maybe expand it, maybe add another truck to their transport fleet, open a branch office, etc.
Money gets MOVING around the economy, and that's what puts a recovery, into high gear. Don't believe me, ASK ANY ECONOMIST "What makes an economy strong?" He'll tell you, it's money, MOVING fast!
When taxes are increased, just the opposite occurs. People spend less - at home, and at their business. They hold off on making that risky venture of opening or expanding their business. They're worried that people who were flush with cash before, are going to be tight-fisted, and stay at home, instead of going out and spending money.
And they're right to worry.
It's not rocket science, it's just human nature. More money for our gov't, means less money for our economic engine - the private sector.
Who do you think pays for all the new gov't employees that Obama has hired? You and me, of course. ONLY the private sector makes our economy strong, not the gov't!
It amazes me that so many people, forget that. But then again, we're bombarded with liberal lies, day in and day out, and we're only human.
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