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Thread: Poll: Voters Viewing Occupy Wall St. Unfavorably

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    Better tell that to the Treasury Dept. which doesn't show that. What you ignore is human behavior and the fact that people keeping more of their money makes it easier for economic growth and that creates demand for jobs.
    Of course the Treasury data shows that.

    Maybe this will help clear it up for you: Effect of the Reagan, Kennedy, and Bush Tax Cuts

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Catawba View Post
    If Bush had kept revenue and spending levels where Clinton had them, we could paid off the National debt by now.
    That's not quite right. Our fiat money is based on the national debt. If we paid it all off we would have no money...but that is a topic for another forum and another thread.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by AdamT View Post
    Of course the Treasury data shows that.

    Maybe this will help clear it up for you: Effect of the Reagan, Kennedy, and Bush Tax Cuts
    As I stated, you need to tell that to the U.S. Treasury Dept. Do you believe the economy would have created 17 million jobs without the tax cuts? What do you do when you get to keep more of your own money and do you need as much of that govt. "help" when you do?

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    Right now we have a net job loss and that is after adding 4.4 trillion to the debt. Yours seems to be a ringing endorsement of tax cuts for taxpayers.
    You do realize these job losses came with tax cuts in place? So, no, it isn't a ringing endorsement for tax cuts.

    But that is besides the point. Taxes really play a very small small role in the economy and mean next to nothing concerning jobs. If there is a need, business will meet it. If there are people to spendon something, someone will sell it.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Boo Radley View Post
    You do realize these job losses came with tax cuts in place? So, no, it isn't a ringing endorsement for tax cuts.

    But that is besides the point. Taxes really play a very small small role in the economy and mean next to nothing concerning jobs. If there is a need, business will meet it. If there are people to spendon something, someone will sell it.
    Yes, I do realize that job losses occurred because costs continue to rise and incentive to grow your business has been reduced. If you got a pay raise every 6-8 years you wouldn't be spending mucn money either. You really are naive when it comes to understanding human behavior and the affect keeping more of what you earn. To say that doesn't have any affect on the economy is naive.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    So explain to me how govt. revenue grew after the Reagan tax cuts and how 17 million jobs were created and what affect those new hires had on govt. revenue?
    Do you need a history lesson? You are not really suggesting nothing was going on other than tax cuts? We'ren't we at the begining of the housing market growth? A lot was going on with internet sales? right? Much was changing and people were taking advantage of it, as they tend to do. If there is money to spend, someone will find something to sell them.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    Yes, I do realize that job losses occurred because costs continue to rise and incentive to grow your business has been reduced. If you got a pay raise every 6-8 years you wouldn't be spending mucn money either. You really are naive when it comes to understanding human behavior and the affect keeping more of what you earn. To say that doesn't have any affect on the economy is naive.
    I thought tax cuts were incentive to grow? Now you're saying they aren't?

    But, you see, something other than taxes effected growth. Something other than anything government does if you want to be technincal. We cycle all the time. Always have. If you think government is the naswer, you're likely wrong.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Conservative View Post
    As I stated, you need to tell that to the U.S. Treasury Dept. Do you believe the economy would have created 17 million jobs without the tax cuts? What do you do when you get to keep more of your own money and do you need as much of that govt. "help" when you do?
    As I explained, the Treasury data supports the view that tax cuts reduce revenue. No one who understands economics disputes that, including the advisors to Reagan and Bush.

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by Boo Radley View Post
    Do you need a history lesson? You are not really suggesting nothing was going on other than tax cuts? We'ren't we at the begining of the housing market growth? A lot was going on with internet sales? right? Much was changing and people were taking advantage of it, as they tend to do. If there is money to spend, someone will find something to sell them.
    So you don't have an answer, thanks

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    Re: Poll: Voters Viewing Occupy Wall St. Unfavorably

    Quote Originally Posted by AdamT View Post
    As I explained, the Treasury data supports the view that tax cuts reduce revenue. No one who understands economics disputes that, including the advisors to Reagan and Bush.
    not the results I see, but then again you choose what you want to see and believe. Absolutely amazing how much passion you have for the govt. getting more of your money. Do us all a favor, send more of it to the govt. and get your friends to do it rather than spread your misery equally to everyone else.

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