So, let me get this right. Eric Cantor is stating every Republican is in lock step regarding the debt ceiling in that in order to raise it there will be no increases in taxes. Well, that is interesting, because if there were new taxes there might NOT be a reason to raise the debt ceiling.
So, Mr. Cantor goes on to say that if the Democrats want to raise the debt celing there has to be budgetary provisions in order for Republicans to approve to raise the debt ceiling.
Oh.
I didn't know the debt ceiling issue involved only Democrats. Quite the contrary.
But, the ILLOGIC of the Republicans goes even further.
According to Mr. Cantor, NOW is not the time to raise taxes because it would cause the economy jobs.
Now, let's just pause and think about that a minute.
Assuming Walmart, the nation's largest employer is not going to be raising salaries above the poverty line anytime soon, that would mean there really is no sincere chance for the country to increase revenues.
The disposable income of these Americans is not going to increase anytime soon and the ecomony will probably remain stalemated. So, given the fact the 'idea' by Republicans is to continue to HIDE behind a sluggish economy, it really is not their place to 'bargain' over the sovereign debt of this nation since they can claim over 90% of it all by themselves.
But, to conclude that Mr. Cantor is saying that raising taxes now would cost jobs, of which he has not one shred of concrete evidence, that means he IS IN FAVOR of raising taxes when the good times roll. Yes? Yes. Now if that is the case and the good times are rolling, why would we need to raise taxes? I want Mr. Cantor to answer that one and have a comprehensive package to his RHETORIC that sincerely explains his premise and when the nation will recover enough to return all the sacrifices by the poor and middle class that have AGAIN been 'tapped' for precious little funds in the first place.
