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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (127427)4/23/2011 7:38:56 PM
From: Nadine Carroll5 Recommendations  Read Replies (1) | Respond to of 132070
 
Well, you are repeating the Republicrook line verbatim. Hey, somebody has to believe that crap. But the GOP never answers the question of why the lower rates did not increase jobs, and lower rates have never increased jobs, and those pesky deficits just seem to follow around the tax handouts like mosquitoes follow a man covered in bacon grease.

In 2007 (i.e. 4 years after the Bush 2033 tax cuts), we had 5% unemployment and the Federal deficit was $160 billion - as opposed to today's 9% or 10% unemployment (really closer to 20% when you count the long-term unemployed) and $1.6 trillion deficit.

Hey, can I have the "Republicrook" results back? I liked them better.



To: Knighty Tin who wrote (127427)4/23/2011 10:26:38 PM
From: TimF  Respond to of 132070
 
But the GOP never answers the question of why the lower rates did not increase jobs

They probably did increase jobs, although there are always so many other factors its hard to be sure.

and lower rates have never increased jobs

Nonsense.

and those pesky deficits just seem to follow around the tax handouts

Lower rates are not handouts, the money is still going to the government. Even targeted tax breaks (which I oppose) are not handouts (unless they are refundable and bring the net tax liability to a negative amount), the money is still being handed from the tax payer to the government. (OTOH targeted tax breaks do create marginal incentives very similar to handouts, they don't provide the improvement in incentives of rate cuts, they instead encourage the effort to seek targeted tax breaks ahead of the effort to actually do something productive and useful.)

As for deficits, they seem to follow vast increases in spending. The spending increased a lot more than even the largest figures given by even a static analysis of the tax cuts. And before you bring it up, it wasn't mostly defense spending, defense spending, including the war supplemental, plus the tax cuts, add up to a lot less than the increase in non-defense spending. That's not a partisan point, both parties where eager to raise spending. I could make a mild partisan point about how the spending increases accelerated when the Dems took over congress, but really over the last decade, and perhaps much longer, any party calling the other party spendthrift is the pot calling the kettle black.



To: Knighty Tin who wrote (127427)4/24/2011 3:52:08 AM
From: Skeeter Bug1 Recommendation  Read Replies (2) | Respond to of 132070
 
>>But the GOP never answers the question of why the lower rates did not increase jobs<<

that's easy - BOTH parties loot the money legally mandated for american small businesses for the benefit of the multi-national corporations who off shore the labor at slave wages in china.

the tune is $200 million an hour. over 90% of jobs are created by american small business.

did you really not know this?



To: Knighty Tin who wrote (127427)4/26/2011 2:33:26 PM
From: Freedom Fighter2 Recommendations  Respond to of 132070
 
>>Well, you are repeating the Republicrook line verbatim. Hey, somebody has to believe that crap. But the GOP never answers the question of why the lower rates did not increase jobs, and lower rates have never increased jobs, and those pesky deficits just seem to follow around the tax handouts like mosquitoes follow a man covered in bacon grease.<<

It is somewhere between difficult and impossible to control for all the things going on in a complex economy to isolate the impact of tax policy. That's why it's still possible for scumbags and imbeciles on the left to get away with denying the obvious fact that changes in tax policy change behavior.