LionelHutz
07-07-2004, 09:58 PM
I saw this in the new edition of Newsweek and found it interesting. Follow the link if you want the complete explanation of why they're myths.
Newsweek (http://www.msnbc.msn.com/id/5359341/site/newsweek/)
What do you think?
FIVE DEMOCRATIC MYTHS ABOUT ENTITLEMENTS
1. Because federal benefits go to the poor, reform will amount to a shedding of our social safety net.
2. Even if they don't go to the poor, federal benefits foster equality by going mostly to lower-income households.
3. Federal benefits go to the elderly, who everyone knows are much less well off than younger Americans.
4. Social Security and Medicare are earned rights by contract; beneficiaries are only getting back what they paid in.
5. The future growth in the cost of senior benefits, whatever they may be, can easily be borne by younger generations.
FIVE REPUBLICAN TAX MYTHS ABOUT TAX CUTS
1. Because the American people are overtaxed, they want and deserve our tax cuts.
2. OK, forget the long-term tax burden. Our tax cuts are still a sensible near-term means of stimulating a weak economy back to health.
3. Even when they don't deliver near-term stimulus, tax cuts make the tax code more efficient.
4. The critics just don't get it. What our tax cuts are really about is improving "supply side" incentives to work, save and invest.
5. Let's be honest. This is all about politics. In the long run, our tax cuts will force Congress to cut back spending and, with that, cut back government.
Newsweek (http://www.msnbc.msn.com/id/5359341/site/newsweek/)
What do you think?
FIVE DEMOCRATIC MYTHS ABOUT ENTITLEMENTS
1. Because federal benefits go to the poor, reform will amount to a shedding of our social safety net.
2. Even if they don't go to the poor, federal benefits foster equality by going mostly to lower-income households.
3. Federal benefits go to the elderly, who everyone knows are much less well off than younger Americans.
4. Social Security and Medicare are earned rights by contract; beneficiaries are only getting back what they paid in.
5. The future growth in the cost of senior benefits, whatever they may be, can easily be borne by younger generations.
FIVE REPUBLICAN TAX MYTHS ABOUT TAX CUTS
1. Because the American people are overtaxed, they want and deserve our tax cuts.
2. OK, forget the long-term tax burden. Our tax cuts are still a sensible near-term means of stimulating a weak economy back to health.
3. Even when they don't deliver near-term stimulus, tax cuts make the tax code more efficient.
4. The critics just don't get it. What our tax cuts are really about is improving "supply side" incentives to work, save and invest.
5. Let's be honest. This is all about politics. In the long run, our tax cuts will force Congress to cut back spending and, with that, cut back government.