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Republican Pres. Eisenhower Quote Warning of Tax cuts for the Rich

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ErikJ Donating Member (480 posts) Send PM | Profile | Ignore Wed May-04-11 07:53 PM
Original message
Republican Pres. Eisenhower Quote Warning of Tax cuts for the Rich
Edited on Wed May-04-11 08:40 PM by ErikJ
Spread this widely. The GOP has almost completely scrubbed this quote from the internet.

"Every dollar spent by the government must be paid for either by taxes or by more borrowing with greater debt.
The only way to make more tax cuts now is to have bigger and bigger deficits and to borrow more and more money. Either we or our children will have to bear the burden of this debt.
This is one kind of chicken that always comes home to roost. An unwise tax cutter, my fellow citizens, is no real friend of the taxpayer."
- Pres. Dwight D. Eisenhower” 1952 in his refusal to lower the top tax rate on the rich from 91%.

Then his worst nightmare came true 30 years later -REPUBLICAN Pres. Reagan lowered the top rate from 70% to 28%!
And he TRIPLED the national debt from $1 Trillion to $3 Trillion.
And then Republican G. Bush Sr. added added ANOTHER $2 Trillion in the next 4 years to $5 Trillion.
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bobbolink Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 07:55 PM
Response to Original message
1. It doesn't matter....their only reply would be to totally get rid of what precious little is left of
the safety net.
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 07:57 PM
Response to Original message
2. Eisenhower couldn't be a republican today
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 07:58 PM
Response to Reply #2
4. Nope!
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 09:52 PM
Response to Reply #2
7. Seem to recall that Ike's son wrote an article detailing some 14, or was it 20?, reasons why he, a
life-long Republican, would not be voting Republican in the 2004 national elections: if only more of the voting public had taken heed. :patriot:
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provis99 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 10:16 PM
Response to Reply #2
8. he wouldn't want to be a republican today.
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FLAprogressive Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 07:57 PM
Response to Original message
3. Great quote. Eisenhower was the last good Republican president.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 08:00 PM
Response to Original message
5. HUGE K & R !!! - Thank You !!!
:yourock:

:hi:

:kick:
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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-04-11 08:07 PM
Response to Original message
6. Good Ike.
"An unwise tax cutter, my fellow citizens, is no real friend of the taxpayer."
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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-05-11 01:23 AM
Response to Original message
9. Not really--plenty of links survive
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