Conservatism only works in theory - not in practice. [View All]

[kentuck]

For years, at least since Reagan, we have been told how cutting taxes will bring in more revenue. Unfortunately, we have accumulated huge deficits everytime it is tried. We have been told that it would create more jobs because it would give businesses more money to invest.

But, in practice, it is always deficient in its promises. Mostly, it ends up with a huge transfer of wealth to the the richest 1% of our country and the extra money that businesses receive is invested abroad. They will not create more jobs simply because they have more money to invest in this country. They are always looking for the highest productivity at the cheapest cost.

In theory, they say that if we had only "cut spending", then it would have worked? It's hard to cut spending by $3 trillion dollars when there is not much to cut except defense spending. Conservatism is a cruel hoax on the less informed of our society.