tag:blogger.com,1999:blog-7458724113457799001.post5479629940213962088..comments2024-03-09T16:22:54.461-05:00Comments on <a href="http://www.dancirucci.com">Dan Cirucci</a>: Corzine Tax Hike Ahead?Dan Ciruccihttp://www.blogger.com/profile/18362893049097966904noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7458724113457799001.post-5865756093392498292009-09-22T19:22:08.081-04:002009-09-22T19:22:08.081-04:00Nicely put.Nicely put.Radu Ghermanhttps://www.blogger.com/profile/05789021832046862184noreply@blogger.comtag:blogger.com,1999:blog-7458724113457799001.post-36674092328047846862009-09-22T14:34:48.623-04:002009-09-22T14:34:48.623-04:00If we really want the economy fixed for the long-h...If we really want the economy fixed for the long-haul, we need to have a major change of mentality in this country. We have to realize that we can't have everything we want when we want it just because we're the U.S.A. We have to learn to live within our means. We have to think big picture and not just what makes us feel better about ourselves right now. We have to learn to work with the rest of the world and not think that we're infallible and should be able to impress our will on everybody. <br /><br />That won't sit well with the Reagan, Bush II and Sarah Palin types who think America is perfect and can do no wrong. But it's true. Cutting a few government departments here or lowering a few tax rates there is at best a short-term fix. Until we change the mindset in our government and the people who elect it, we'll just keep ending up back in this same spot every few decades.Joshhttps://www.blogger.com/profile/09593093896643755523noreply@blogger.comtag:blogger.com,1999:blog-7458724113457799001.post-79472660629120204722009-09-22T14:27:48.815-04:002009-09-22T14:27:48.815-04:00For a moment, let's put aside Corzine's fa...For a moment, let's put aside Corzine's failings, as well as those of the state legislature (which have not gotten enough blame for the current mess IMO). Bottom line is that NJ is in a massive fiscal hole. How do you get out of it? Sure, you can cut spending. But can you cut it enough to get us out of this hole while still allowing the government to function? <br /><br />Simply put, a tax increase, as hard as it may be during these times and as politically dangerous as it is, may be necessary.<br /><br />As much as conservatives worship Ronald Reagan, remember that his tax cuts and other economic plans looked great in the short run but resulted in the budget deficit and debt ballooning out of control because Reagan also spent like crazy, especially on defense. Unfortunately for George H.W. Bush, he was the one left holding the bag. His breaking his "no new taxes" pledge cost him the Presidency, but again it probably was necessary.Joshhttps://www.blogger.com/profile/09593093896643755523noreply@blogger.com