Wild Spending Continues

Umaro · Dec 18, 2010

oldbetang said:
Those tax cuts were pretty small potatoes and they still helped some. However, if you want more obvious cases of tax cuts stimulating the economy you have to go back to Reagan's tax cuts, and before that Kennedy's. Both were massive cuts in tax rates and both resulted in huge economic booms.

I'm asking specifically about the Bush tax cuts from 2001 and 2003. All the data I look at says the middle and lower classes became less well off during the decade. Can you show me data showing the Bush tax cuts from 2001 and 2003 made a positive net impact on the economy?

Subdood · Dec 18, 2010

Staccato said:
Tax cuts don't cost us anything because they're a stimulus to the economy.

Unemployment benefits on the other hand, are unjustified spending that just encourages lazy people to sit at home instead of looking for work.

/Republican "logic"

Democrat "logic" -

'If it's in your wallet, it's mine.'
'If it belongs to you, it's mine.'
'If you earned it, it's mine.'
'If you inherited it, it's mine.'
'If you die, it's mine.'

'If you vote for me, what's mine is yours...'

jgarden · Dec 18, 2010

oldbetang said:
Those tax cuts were pretty small potatoes and they still helped some. However, if you want more obvious cases of tax cuts stimulating the economy you have to go back to Reagan's tax cuts, and before that Kennedy's. Both were massive cuts in tax rates and both resulted in huge economic booms.

1. Whatever happened to the so-called "economic boom" that was supposed to result from the Bush tax cuts from the early 2000's?

2. It is true that Reagan did cut taxes - so why couldn't this "huge economic boom" translate into even 1 balanced budget during his 8 years in office?

3. Silly me - I was under the mistaken impression that we should take "The Tea Partyers" at their word - that they were actually opposed to "earmarks" in principle. Am I the only one who questions why 52 members of the Tea Party Caucus who had pledged "to cut spending and reduce the size of government" were responsible for adding 764 earmarks worth $1,049,783,150 in 2010?

4. While conservatives, like "oldbetang." have no problem with this "do as I say, not as I do" approach to government financing,
the "Citizens Against Government Waste," to their credit, were not amused!

"It's disturbing to see the Tea Party Caucus requested that much in earmarks. This is their time to put up or shut up, to be blunt," said David Williams, vice president for policy at Citizens Against Government Waste. "There's going to be a huge backlash if they continue to request earmarks."

http://news.yahoo.com/s/yblog_exclu...-tea-party-caucus-takes-1-billion-in-earmarks

Staccato · Dec 19, 2010

Subdood said:
Democrat "logic" -

'If it's in your wallet, it's mine.'
'If it belongs to you, it's mine.'
'If you earned it, it's mine.'
'If you inherited it, it's mine.'
'If you die, it's mine.'

'If you vote for me, what's mine is yours...'

Now you see, when I presented my Republican "logic", I based it on direct examples of their current legislative priorities and comments GOP Congressmen and Senators have made.

You're just using libertarian anti-tax strawmen, so it's not as effective. Try harder though, I'm sure you'll get it next time.

Wild Spending Continues

Umaro

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Staccato

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Wild Spending Continues

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