You do realize that economic viability is based on more than tax revenue?

So you admit Obama has lowered taxes?

“You do realize that economic viability is based on more than tax revenue?”
Michael, you do realize that the most important point in all of the teachings of Jesus was that high taxes stifle economic growth, but gifts to Bible-believing Christian churches result in eonomic blessing (Matthew 22:21). Here is an example of God’s hand at work. Despite the leadership of a Muslim socialist abortion-loving president, our nation has managed to lower tax revenues and turn its economy around, largely through the noble actions of people like our blog hostess, Michelle McGinty.

“What do you think Obama’s smoking?”
It is likely something left behind by the ever oblivious W administration. This is far better than the phoney baloney, if-I-say-it-then-it-is-so W “Mission Accomplished”.
“you do realize that the most important point in all of the teachings of Jesus was that high taxes stifle economic growth, but gifts to Bible-believing Christian churches result in eonomic blessing (Matthew 22:21).”
Wow, what an exegesis this is! I can’t even begin to guess the commentaries Ms Whitaker has been reading. And if she got this from the Greek, I hope she takes a look at another Lexicon.

I don’t see where he says everything is all better…just that it could have been much more catastrophic.
This isn’t the rose-colored lens blather that our previous President souted about the “fundamentals being healthy.” It’s an observation that we just aren’t going to go over the cliff.
Uh jestryfl…you do realize that bit of “exegesis” was tongue in cheek, don’t you? Although it’s pretty close to what all those so-called “prosperity preachers” crank out. Now they were smoking some pretty wacky stuff…and I’ll bet they voted overwhemlingly for Bush.

I don’t know what brink he is talking about! Just watch unemployment and interest rates rise and the dollar become more and more worthless over the coming months and years. Now China and even some of our own banks are balking at loaning our government money. I would too. The U. S. government is a very bad risk. They spend more than they bring in and owe more than they can ever hope to pay off. If that were my personal financial situation would anyone want to loan me money?
I’m all for ending loans to the U.S. gov and forcing it to live within its means! The rest of us have to, why shouldn’t they?!

“I’m all for ending loans to the U.S. gov and forcing it to live within its means! The rest of us have to, why shouldn’t they?!”
I’m waiting for the next spaceship to your planet, Dean. Many or most American households don’t live within their means. That’s a huge part of the problem. Strangling the federal government, however otherwise appealing, won’t accomplish that.

jestrfyl, I think you are right. It was some of the “stash” left by the dry drunk. I’ve always thought George II was smoking something the day he made the statement challenging our enemies in Iraq to “Bring it on.”
I spend a day every week volunteering at the VA hospital, and I have seen the results that reckless challenge.

“I’m waiting for the next spaceship to your planet, Dean.” You can actually catch a plane to St. Louis if you are interested Robert. I have no control over what individual citizens do with their finances (and I don’t want it!), that’s their own business. However, government over-spending and intrusion in the lives of private citizens is every citizens’ business. We need a balanced budget amendment! We also need to scrap the federal and state income taxes. I am in favor of a national sales tax. That way private citizens are not required to divulge how they spend their money or how they invest it. That is simply not the governments business, period. Think about how secure all your personal information is when you put it in the mailbox to send to the IRS. Or, for that matter, how secure it is if you file online. Identity theft is a real and skyrocketing problem. A sales tax would be easy to implement, the mechanisms for collection are already there. Plus people wouldn’t have to wade through tons of paper and spend hundreds of hours doing their taxes. They wouldn’t have to hire tax lawyers or H&R Block to handle their cases. Bottom line, it would take care of alot of problems!

“A sales tax would be easy to implement, the mechanisms for collection are already there.”
Ever travel to Europe? Especially one of those countries where they have an extensive social welfare system and also balance their budgets, like Denmark or Norway? Did you notice that a cup of coffee can cost you $10 or a gallon of gas runs up to $12 (converted to gallons and dollars, of course) or a sandwich can set you back $30? That’s what the flat taxers are asking for.

The problem that confronts the US is that of all empires. the US won leadership of the europeans’ empire after they literally blew each other up fighting over the spoils that their advanced militaries extorted from weaker countries around the globe Over the last 50 years the US has been successful at getting rich by investing huge sums in its’ military power and in continuing the economic domination of the worlds poor as well as its own poor. As the upper classes gain ever more purchasing power they increasingly undermine the weaker members of their own societies by indulging their desires rather than demanding economic justice. The magic of the market only extends to fulfillment of demand. It doesn’t ask questions of an ethical or moral nature. If the rich americans demand gambling and drugs, mansions and cleaning ladies then the poor will have to pay and when they can’t or won’t then there is economic contraction and if it gets too oppressive to other poorer nations they plot to somehow overthrow the empire. Since the current Euro/US empire has for 100′s of years been oppressive to the poorer nations they have continually attempted rebellion. Often the results left their countries in ruins but occasionally they ( eg Japan s. Korea China Russia) gained at least a partial inclusion in the rich club of dominator nations. So what happens to the leader of the free world when the rich take far too much for themselves and the planet and its poor groan under the the weight of the waste? It prints money and thereby devalues its debt and ignites world wide inflation. The stories fables in the bible speak directly to this and always predict the fall of the empire because economic injustice brings corruption and a weakening of the will of a nations people to work or defend their nation since it becomes clear that the system is run for the benefit of only a few. Why die for the fortune 400 billionaires?

The important thing is that the fear about the economy has dissipated. People are starting to believe that the economy is improving and will continue to improve. If this holds than the numbers should improve.