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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (64405)	4/3/2018 6:08:00 PM
From: Steve Lokness	Respond to of 364482

I-node consistently lies about this. His truth is the same as Donald's truth. The truth is what they see in their heads and has nothing to do with actual numbers - which is sad because when people distort this way it is meaningless to try to carry on an intelligent conversation. One might just as well be communicating with the Easter Bunny. The one incontrovertible takeaway is that the wars were unfunded and the debt exploded under Bush. He might have been okay as a President if he hadn't listened to the Neocons - like Bolton!!

To: Sam who wrote (64405)	4/3/2018 9:15:49 PM
From: neolib	Respond to of 364482

He posted income tax revenue, not tax revenue. It fit his narrative when the whole story didn't.

To: Sam who wrote (64405)	4/4/2018 4:27:11 PM
From: i-node	Read Replies (1) \| Respond to of 364482

>> Hmm, that's funny, because the actual keeper of the numbers, the CBO, says on page 131 of this document that tax revenues went down the first three years of the Bush tax cut. That's from 2001. The small, 2001 tax cuts did not increase revenue because they were poorly targeted. This is well documented, and in fact, Art Laffer himself criticized the 2001 cuts before they became law as improperly targeted. It is not that ALL TAX CUTS CAUSE HIGHER REVENUE. But if you do the right things, it does. Clinton's capital gain cuts are an excellent example. My post referred to the 2003 cuts which WERE properly targeted and resulted in a surge in revenue. >> Factcheck.org isn't bogus, All of the so-called "fact check" sites I'm aware of lean left. I would love to see one that didn't. >> And BTW, it is mostly nonsense to claim that " the overwhelming majority of all the world's health care innovation at that time was either done in the US or at least financed by US companies" is just silly. The government finances much of the medical basic research done in this country, either through NIH, the military, You have no idea what you're talking about. Basic research is essential but does not come close to the R&D that is necessary to create a product. These last few days have been my first encounters with you and thus far I find you to be intellectually weak.