Alan Greenspan, an unabashedly open Republican, would repeal all of the Bush tax cuts. While GOP politicians call for extending the tax cuts that would cost American hundreds of billions, if not trillions of dollars over the next decade, Alan Greenspan says maybe that's not the best idea.
Greenspan thinks it's important to repeal the taxes because of the deficit. It's eerie how many smart people are obsessed with deficit, but Greenspan still has a point. The government does need that money to supply basic services, the kind that we're currently lacking. State governments are literally so broke that they're turning off street lights, but the GOP (goofy old people) doesn't want to repeal tax cuts that are costing us billions.
Now, to be fair - because I'm all about fair - raising taxes might hurt the economic recovery - if that's what is happening. The economy eats money, and we need money so we can spend money. That's kind of how the whole thing works. So perhaps raising taxes everyone isn't the best idea. But there's something amusingly ironic about about a bunch of people running around screaming deficit who don't want to take the obvious first step towards fixing said deficit. Actually, it's not amusing. It's scary, because the future of our country is at stake, and a bunch of goofy old people don't want to make things better.
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