Nancy Pelosi Believes that All Money Belongs to the Government
Today the Democratic Party's leader in the House said this:
“Tax cuts are spending.”
This wasn't a slip of the tongue or a moment when Pelosi's brain lost traction. She has said similar things before. She has also said that government doling out unemployment checks is powerful economic stimulus.
Pelosi went on to say:
“Our whole budget is what $3.5 trillion,” Pelosi said at a Capitol Hill press conference. “So, when we talk about reducing spending, we certainly must, and we certainly have--$1.6 trillion in the previous Congress, $1.2 of it in the Budget Control Act.
“But spending is also related to tax cuts,” said Pelosi. "Tax cuts are spending. Tax expenditures, they are called. Subsidies for big oil, subsidies to send jobs overseas, breaks to send jobs overseas, breaks for corporate jets. They are called tax expenditures. Spending money on tax breaks."
"Spending money on tax breaks..."
The only way that tax cuts = government spending is if all money really belongs to the government. If all money belongs to the government, then every penny is the government's property. If government cuts taxes and therefore takes less of its money from citizens, then those tax cuts can be considered "spending."
That's what Nancy Pelosi really believes. After she said that tax cuts are spending, she went on to say this.
“And that’s the spending that we must curtail as well,” she said.
In other words, Americans and the corporations we form should be allow to keep less money. Because it all belongs to the government anyway.
In reality, money is private property earned by citizens and the corporations we form. Government takes money in taxes at the threat of deadly force or deprivation of liberties. Tax cuts are not "spending." They are government taking less of people's money, than the government otherwise would taken. At the threat of deadly force or deprivation of liberties.
It's shocking that a leader of one of our two major political parties is as stupid, and really evil when you examine the morality of her position, as Nancy Pelosi is.