Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.

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Since taking office, President Obama has signed into law spending increases of nearly 25 percent for domestic government agencies - an 84 percent increase when you include the failed stimulus. All of this new government spending was sold as 'investment.'

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I talked to a lot of employers who just are, are fearful of what's coming next out of Washington. It's all the spending, it's all the debt. It's their national energy tax, they want to call it cap and trade - more mandates, higher costs, more taxes. Their healthcare bill - more mandates, higher costs, higher taxes.

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After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

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To reduce deficit spending and our enormous debt, you reign in spending. You cut the budget. You don't take more from the private sector and grow government with it. And that's exactly what Obama has in mind with this expiration of Bush tax cuts proposal of his.

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I do not intend to dispute in any way the need for defence cuts and the need for government spending cuts in general. I do not share a not in my backyard approach to government spending reductions.

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Thrive

An end to big
agri-corporate
subsidies

rise of local
independent growers
farming crops GMO free

an end to the forced sterility
and self poising
mutation of the food supply

clean energy powering a
healthy vital economy
wind and solar in place of
nuclear and coal

zero point optimizing creation
cutting world military spending
removing the tape worms
sucking dry the guts of
government spending and private investment
fair and honest individual enterprise

no longer protecting the fortunes of the few
sacrificing the rights and well being of the many

no more manipulating mass thought
through private owned media conglomerates
the internet protected under first amendment right
nonpunishable freedom of speech available to all

the people unified
under truth which
cannot be bought

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Demand and Supply

Demand creates its own supply
Most of the times

If there is more demand than supply
The government should encourage
New investment
And if necessary
Encourage import of the shortage
On the other hand
If there is more supply than demand
The government should discourage
New investment
And encourage export
Of the surplus products and services

Thus
A country can balance demand and supply
For the welfare of its people

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Big government conservatives are spending trillions and wasting billions. Republicans are no longer the party of fiscal conservancy, but the party of runaway spending and corruption.

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It is being alleged that the Federal Government is 'cutting' spending. In fact, we are not 'cutting' anything. Defense spending under this budget would rise by 4.3 percent over last year. Other discretionary spending would also rise.

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I have a record as governor. I have a record of cutting spending. And I talked yesterday not only about we ought to cut spending, I talked about how we've cut spending in Mississippi and how if you did the same things in the federal government, you would save tens of billions of dollars a year.

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The American people elected us here to cut spending so we can create an environment for jobs in America. The House has acted. We have demonstrated that we want to see spending, discretionary spending, brought down to levels of 2008. We've seen no counteraction. We have seen no position that has been expressed by the other side at all.

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Government does not have a revenue problem; government has a spending problem. Government does not have a revenue problem; government has a priority problem. It is time that we begin to fine tune our focus and decide what the priority of government ought to be.

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You've got to either say you're going to cut taxes and find some spending cuts. I think we ought to reform long-term entitlement spending in the country, but you can't out of one side of your mouth say, 'Yes, we're for tax cuts, we're for spending discipline, and we're for bringing down the debt.'

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For more than forty years, the United States Congress has shamelessly used payroll taxes intended for Social Security to fund big government spending.

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And I just think that we're at a point in our economic life here in our state - and - and, candidly, across the country, where increased taxes is just the wrong way to go. The people of our state are not convinced that state government, county government, local government has done all they can with the money we already give them, rather than the money that we have before.

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The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending.

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I will continue my consistent record of voting for lower taxes, less spending and fewer regulations to make our government more effective and efficient while upholding our Constitution.

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Every American knows there are government expenses that are absolutely not necessary. I disagree with the very idea that our government is spending $2.4 trillion in the most efficient manner.

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We must take away the government's credit card. With limits on both tax revenue and borrowing, the Federal government would finally be forced to get serious about spending cuts.

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When they call the slightest spending reductions 'painful', we will say 'If government spending prevents pain, why are we suffering so much of it?' And 'If you want to experience real pain, just stay on the track we are on.'

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