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Thread: Obamacare enrollment hits 7 million

  1. #621
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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Boo Radley View Post
    Focus on the actual point being made. I said pick your tax cut, it made little difference to the economy. And I keep supporting that with different sources. Conservative sources. business sources.

    Analysis of six decades of data found that top tax rates "have had little association with saving, investment, or productivity growth." However, the study found that reductions of capital gains taxes and top marginal rate taxes have led to greater income inequality. Past studies cited in the report have suggested that a broad-based tax rate reduction can have "a small to modest, positive effect on economic growth" or "no effect on economic growth."

    Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds - Derek Thompson - The Atlantic
    Wrong, in a consumer driven economy people having more spendable income always creates the atmosphere for creating jobs. You are so hell bent on giving the govt. more money how much more than required are you giving? You don't seem to understand human behavior at all. There have only been three modern Presidents that have cut tax rates, JFK, Reagan, and GW Bush and all three saw significant job creation and economic growth.

    Tax cuts put more money into the hands of the consumer and I can see how a big govt. liberal like you doesn't like that. You don't understand economic atmosphere at all either.

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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by sangha View Post
    Then you must have loved Clinton and his tax increases which led to increased govt revenues, more people working, and a vibrant economy. A trifecta!!

    Thanks for your support
    I loved the Clinton tax increase, it gave us a Republican Congress who reduced most of them. You don't understand it or even your own economy. Does it always make you happy to have higher taxes and less spendable income? What do you do when you get more money in your paycheck if you even work?

  3. #623
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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Conservative View Post
    Wrong, in a consumer driven economy people having more spendable income always creates the atmosphere for creating jobs. You are so hell bent on giving the govt. more money how much more than required are you giving? You don't seem to understand human behavior at all. There have only been three modern Presidents that have cut tax rates, JFK, Reagan, and GW Bush and all three saw significant job creation and economic growth.

    Tax cuts put more money into the hands of the consumer and I can see how a big govt. liberal like you doesn't like that. You don't understand economic atmosphere at all either.
    The evidence just doesn't support you, which is why you offer so little of it I suspect.

    The hard, empirical facts:

    The tax cuts did not spur investment. Job growth in the George W. Bush years was one-seventh that of the Clinton years. Nixon and Ford did better than Bush on jobs. Wages fell during the last administration. Average incomes fell. The number of Americans in poverty, as officially measured, hit a 16-year high last year of 43.6 million, though a National Academy of Sciences study says that the real poverty figure is closer to 51 million. Food banks are swamped. Foreclosure signs are everywhere. Americans and their governments are drowning in debt. And at the nexus of tax and healthcare, Republican ideas perpetuate a cruel and immoral system that rations healthcare -- while consuming every sixth dollar in the economy and making businesses, especially small businesses, less efficient and less profitable.

    Economist's View: "So How Did the Bush Tax Cuts Work Out for the Economy?"

    There is no evidence that the tax cut had any such effect. The unemployment rate remained above 5.7 percent all year, rising to 5.9 percent in November and 6 percent in December. The real GDP growth rate fell each quarter of 2002, and by the fourth quarter growth was at a standstill. Hence the need for yet another big tax cut.

    The Bush Tax-Cut Failure | Blog, Perspectives | BillMoyers.com

    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: Obamacare enrollment hits 7 million

    Quote Originally Posted by Conservative View Post
    I loved the Clinton tax increase, it gave us a Republican Congress who reduced most of them. You don't understand it or even your own economy. Does it always make you happy to have higher taxes and less spendable income? What do you do when you get more money in your paycheck if you even work?
    The republicans didn't reduce taxes lower than they had been before Clinton. Taxes were increased, and revenues, jobs and the economy increased
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #625
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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Boo Radley View Post
    The evidence just doesn't support you, which is why you offer so little of it I suspect.

    The hard, empirical facts:

    The tax cuts did not spur investment. Job growth in the George W. Bush years was one-seventh that of the Clinton years. Nixon and Ford did better than Bush on jobs. Wages fell during the last administration. Average incomes fell. The number of Americans in poverty, as officially measured, hit a 16-year high last year of 43.6 million, though a National Academy of Sciences study says that the real poverty figure is closer to 51 million. Food banks are swamped. Foreclosure signs are everywhere. Americans and their governments are drowning in debt. And at the nexus of tax and healthcare, Republican ideas perpetuate a cruel and immoral system that rations healthcare -- while consuming every sixth dollar in the economy and making businesses, especially small businesses, less efficient and less profitable.

    Economist's View: "So How Did the Bush Tax Cuts Work Out for the Economy?"

    There is no evidence that the tax cut had any such effect. The unemployment rate remained above 5.7 percent all year, rising to 5.9 percent in November and 6 percent in December. The real GDP growth rate fell each quarter of 2002, and by the fourth quarter growth was at a standstill. Hence the need for yet another big tax cut.

    The Bush Tax-Cut Failure | Blog, Perspectives | BillMoyers.com
    The only evidence that matters to the people is having more spendable income and more jobs. No study is going to change reality. Your problem is you are a big govt. liberal who doesn't even understand how having more take home pay affects you. Only three times in modern history have the tax rates been cut, JFK, Reagan, and GW Bush so any study outside the terms of those Presidents is irrelevant as are all your studies.

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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by sangha View Post
    The republicans didn't reduce taxes lower than they had been before Clinton. Taxes were increased, and revenues, jobs and the economy increased
    Republicans cut various taxes during their control during the Clinton years mostly going to businesses. you have no idea what happened with the Contract with America and how much of it Clinton signed. Further, I hope you are putting your money where your mouth is and sending more than required to the Federal Govt. since obviously you believe they need it more than you

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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by Conservative View Post
    Republicans cut various taxes during their control during the Clinton years mostly going to businesses. you have no idea what happened with the Contract with America and how much of it Clinton signed.
    Nothing in the CWA was put into law.
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by sangha View Post
    The republicans didn't reduce taxes lower than they had been before Clinton. Taxes were increased, and revenues, jobs and the economy increased
    So since you both love Forbes Articles, here is the rest of the story on the Clinton tax increases

    The Dangerous Myth About The Bill Clinton Tax Increase - Forbes

  9. #629
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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by sangha View Post
    Nothing in the CWA was put into law.
    One of these days maybe you will get tired of making a fool of yourself. Get the facts before destroying what little credibility you had.

    The Contract with America: Implementing New Ideas in the U.S.

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    Re: Obamacare enrollment hits 7 million

    Quote Originally Posted by sangha View Post
    So now you think increasing tax revenues is A Good Thing!!

    You must love tax increases that result in increased tax revenues

    Oh wait!!

    wonder if you or Boo can answer the following question as to who said this

    “Every dollar released from taxation that is spared or invested will help create a new job and a new salary.”

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