Posted 9:40 AM by Steve
Question:

What's wrong with the Democrat Party?

Answer:

If anyone watched the last debate between the White-House wannabes their are LOTS of things wrong with the Democrats.

They disdain the voters. The Democrats, by their policy choices, put themselves in the unenviable position of trying to explain to the voters that the tax cuts which let us keep more of what we earned were a bad idea. The Democrats have the uphill battle of convincing voters that tax cuts which stimulated the economy and will eventually lead to higher revenues were bad policy. An even more laughable prospect is trying to convince rational human beings that the federal government is the best place for their money. Of course, the Democrats have to cloak this argument with economic "chicken-little"-ism saying that the reason the federal government needs more taxpayers dollars is because the deficit is a looming danger and the economy is in jeopardy.

The problem for the Democrats is this: Deficit scare tactics not only don't work (See 1984/1988 presidential elections) but voters don't believe the "tax and spend" Democrats are fiscally conservative especially when they are promising universal health care to all Americans in every other sentence during this campaign.

The current deficit is actually a much smaller percentage of the GDP today than it was during WWII. More importantly, GDP growth leads to tax revenue growth which leads to fiscal flexibility.

In 1947, the United States had $224 Billion dollars in debt. Today, the nation has $3.4 Trillion in debt. Sounds scary right? Not really. In 1947, that $224 Billion was 96% of the GDP. Today's $3.4 Trillion is just 34% of the current GDP.
by comparison most people who buy a house have a personal debt to income ratio of 129% and that's if they are a good credit risk!

Let's address the issue of socialized medicine. Do we really want the same clowns who are in charge of the government in charge of our healthcare.?

It seems that everybody HATES HMO'S. HMO is defined as a corporation financed by insurance premiums whose member physicians and professional staff provide curative and preventive medicine within certain financial, geographic, and professional limits to enrolled volunteer members and their families.

Isn't that exactly what the Democrats propose? A giant HMO? A public corporation financed by tax revenues whose member physicians and professional staff provide curative and preventative medicine to all Americans regardless of their ability to pay for such goods and services. In other words the Democrats propose scrapping the entire private healthcare industry in favor of a huge unresponsive bureaucracy in which care and choices would decline and a new welfare state was created.