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Thread: GOP plan to extend tax cuts for rich adds $36 billion

  1. #121
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    pbrauer's Avatar
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Please tell me why Paul Krugman is credible to you?
    You saw the name, but didn't look at the graphs.

    This is one of the links he gave, the graphs there are striking.

    Matthew Yglesias » Bush Tax Cuts: Where Was the Growth?


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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Paul Krugman's wry sense of humor on the subject:

    Tax Cut Truthiness - Paul Krugman Blog - NYTimes.com
    What does Paul Krugman's 2 week old criticism of a blogger on Red State have to do with the current discussion?
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Harry Guerrilla View Post
    Didn't you get the memo?

    The reason poor people are poor is because rich people are rich and they use tax shelters.
    Sure makes me feel guilty, I had no idea that the money I earned over my career came at the expense of the poor and that by not paying what liberals thought I should pay in taxes that I was creating more poor people. I'm sorry!

  4. #124
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Sure makes me feel guilty, I had no idea that the money I earned over my career came at the expense of the poor and that by not paying what liberals thought I should pay in taxes that I was creating more poor people. I'm sorry!
    "Most economic fallacies derive from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

    -Milton Friedman
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  5. #125
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    You saw the name, but didn't look at the graphs.

    This is one of the links he gave, the graphs there are striking.

    Matthew Yglesias » Bush Tax Cuts: Where Was the Growth?
    They're also fairly common sense - if equities and economic growth were vastly overinflated during the dot com boom, why wouldn't the immediate-term numbers be higher?

    The fact that pets.com employees took home $200k in stock options in 1999 does not mean that the fundamentals of the economy were pristine.
    Last edited by RightinNYC; 08-15-10 at 12:38 PM.
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  6. #126
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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by Conservative View Post
    Got to love that liberal humor especially when that liberal tries to re-write history. Bush took over in a recession and then had that "little" national disaster called 9/11. Now of course that was left out of the discussion. Then Bush had a Democrat controlled Congress from 2007-2008. I find it quite interesting that the Democrat controlled Congress "let" Bush lead us into a recession unless...................hmmmm, I just wonder? Wasn't there an election in 2008 and couldn't Democrats get their cult followers to blame that recession on Bush? Just saying!
    Congress had nothing to do with the recession, it was the mortgage meltdown and WS that caused it. Please don't give those tired talking points the Barny Frank and Chris Dodd and/or the CRA that caused it. It's bs.


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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    You saw the name, but didn't look at the graphs.

    This is one of the links he gave, the graphs there are striking.

    Matthew Yglesias » Bush Tax Cuts: Where Was the Growth?
    Yes, I did look at the graphs and that is why I asked the question. I am trying to figure out why such passion against people keeping more of their money? You do understand that it is the taxpayer's money first, right?

    In addition the charts don't tell anyone that there was a recession in 2001 as well as 9/11. They also don't show that the Democrats controlled Congress periods during the Bush Administration including 2007-08. Like others here I wonder what any of this has to do with the thread topic and what we are discussing here? didn't you vote for Obama to solve the problems we had in 2008? How is that hope and change working out for you?

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Congress had nothing to do with the recession, it was the mortgage meltdown and WS that caused it. Please don't give those tired talking points the Barny Frank and Chris Dodd and/or the CRA that caused it. It's bs.
    The CRA under Clinton started it. Bush continued it. Barney Frank's oversight committee did absolutely nothing to stop irresponsible lending by FHA, Fanny/Freddie. S&P, Fitch, Moody's fraudlently rated the portfolios as AAA. Wall Street did what Wall Street always does. Tried to make a profit.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Congress had nothing to do with the recession, it was the mortgage meltdown and WS that caused it. Please don't give those tired talking points the Barny Frank and Chris Dodd and/or the CRA that caused it. It's bs.
    And what caused the mortgage meltdown and the WS(?)
    People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

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    Re: Dem vs Rep Tax Cut Plan in Graph form!

    Quote Originally Posted by pbrauer View Post
    Congress had nothing to do with the recession, it was the mortgage meltdown and WS that caused it. Please don't give those tired talking points the Barny Frank and Chris Dodd and/or the CRA that caused it. It's bs.
    Apparently civics isn't a strong suit of yours nor is understanding of history. The Community Reinvestment Act was signed when? What does that law do? Do you realize that we have three equal branches of govt. and the President can do very little without Congressional support. He sure cannot spend a dime without Congressional approval, nor can he make loans to people who cannot afford the payments. I wonder how Bush created the financial crisis and what the Congressional oversight committee was doing?

    You really are kidding us with these posts, right? This is an act to spur discussion and to get attention?

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