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Thread: More Democrats break with Obama on tax cuts

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Conservative View Post
    And of course we believe all those studies, most of which have been proven wrong. Please name for me one study, prediction, or projection that the Obama Administration has generated that has been accurate?

    I don't believe I have ever met someone so afraid of keeping and spending more of their own money and being such a supporter of more money going to the Federal Govt. I don't get it and apparently never will, how people spending their own money can have such little affect on jobs. That isn't logical and no study can prove that to be the case. Cite your study?
    They ahve not been proven wrong. You certainly have not proven them wrong. Please feel free to try.

    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: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    They ahve not been proven wrong. You certainly have not proven them wrong. Please feel free to try.
    Link to your source?

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    I read.
    And yet you support a party that will spend way beyond its means again and again and again. And still, you're there with bells on for them.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Erod View Post
    And yet you support a party that will spend way beyond its means again and again and again. And still, you're there with bells on for them.
    um....what do you mean? nobody overspent during the clinton 8 years, now did they? that leaves ancient history........and now. so where do you get over and over and over again?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Erod View Post
    And yet you support a party that will spend way beyond its means again and again and again. And still, you're there with bells on for them.
    Any evidence republicans are any different? Both spend, and unchecked, will do so recklessly. Ture, I prefer my money spent on healthcare more than American imperialism and invading countries without just cause, but both spend. That's why I'm fine with a split government. the opposition has to have enough power to actual influence (not block). And we should support those who work with, using power to make concrete changes, and not those who merely block. And no nutters. Other than that, bring on griddlock.

    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: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Erod View Post
    And yet you support a party that will spend way beyond its means again and again and again. And still, you're there with bells on for them.
    President Bush spent more than any president before him, including Jimmy Carter, and this before the Democrats took control of congress in '07. The old school Republicans used to be a little more fiscally conservative but those days are gone.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by liblady View Post
    um....what do you mean? nobody overspent during the clinton 8 years, now did they? that leaves ancient history........and now. so where do you get over and over and over again?
    And who was making policy during those years, eh? Clinton just smartly chose to go along for the ride.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Conservative View Post
    Sorry, don't agree, tax cuts never hurt the individual and that is key to economic growth and results. How do you explain tax revenue growing after the tax rate cuts?
    See here...

    Quote Originally Posted by Taboon View Post
    Heck, I'll even use a "conservative" link to debunk that.

    The Tax Foundation - Five Myths about the Bush Tax Cuts



    So, you've got a conservative tax foundation admitting that there is no correlation between tax reductions and tax receipt revenue growth. Hmmmmmm

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Johnny DooWop View Post
    See here...
    The Tax Foundation needs to tell the checkbook of the United States that the revenue collected after the tax cuts is wrong. Why don't you take up that role and give them a call. The actual factual information shows differently. From the checkbook of the United States

    Tax revenue by year. the Bush tax rate cuts went into effect July 2003

    2000 3,132
    2001 3,118
    2002 2,987
    2003 3,043
    2004 3,265
    2005 3,659
    2006 3,996
    2007 4,197
    2008 4,072

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Johnny DooWop View Post
    See here...
    There's a lot more to the economic trends of the country than where tax rats are. We're fighting a war, sorting through a subprime lending crisis, as well as a myriad of other factors home and abroad.

    The smartest economists in the world don't understand all the factors that make the economy sway to and fro.

    But it's basic common sense that if you lessen risk for business, and less the tax burden on individuals, than expansion and consumerism will increase. File this under "duh".

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