Tax Credits My Foot.

Did any of you know that two separate tax cuts took place in 2001 and 2003? And with these tax cuts still in place and no thought of any change to that fact, the Great Recession hit in 2007? Hey, that can't be. It's true. So then, why does anyone think they will magically and miraculously pluck us out of the recession? For all of our information, they can't, they won't. So then why are so many politicians screaming bloody murder that the tax cuts will help? Maybe because they're politicians. At the same time, ending some of these tax credits won't cure the recession either, although nobody is claiming it will. What's being claimed is that allowing some of the tax cuts to expire will cure the debt problems and allow for spending on other things. That can't be either. You can use that money to pay down debt, or to spur the economy, but not both. But either way, nothing's going to happen quickly. And these cuts are only on 2% of the people. You know like Wall Street brokers and Bankers. Not too many other people fall into this category. The truth is we're going to have to continue to face tough times for some time to come and promising silver bullets isn't helping people to face the facts. The French minister of finance suggested, half in fun, that everybody should have a backyard garden. She may have been kidding a little, but she's closer to right then wrong.