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Thread: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by CriticalThought View Post
    Speaking purely in terms of policy, and putting ideology aside, the Republicans have a rather difficult case to make that they would have actually done better based upon the policies they have suggested. The idea that lower taxes for the wealthiest Americans creates jobs in America simply does not have any evidence to support it. In fact, with increased globalization and lucrative markets in China and India, it might actually be devastating to our job market to allow those tax cuts, because the wealthiest Americans would probably invest it in the infrastructure of our global competitors.
    WHich is exactly why those republicanazi assholes need to barred from outsourcing jobs to other countries. ... and pretty good evidence of why the system must be well balanced. The liberal douchebags need to leave the 2nd amendment alone... and the republicanazi assholes need to stop tea-bagging big business. There needs to be stiff penalties for companies who pay lobbyists to mkake their criminal activities legal.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by CriticalThought View Post
    Speaking purely in terms of policy, and putting ideology aside, the Republicans have a rather difficult case to make that they would have actually done better based upon the policies they have suggested. The idea that lower taxes for the wealthiest Americans creates jobs in America simply does not have any evidence to support it. In fact, with increased globalization and lucrative markets in China and India, it might actually be devastating to our job market to allow those tax cuts, because the wealthiest Americans would probably invest it in the infrastructure of our global competitors.
    History proves your theory wrong.

    Depression of 1920

    Austrian School economists and historians argue that the 1921 recession was a necessary market correction, required to engineer the massive realignments required of private business and industry following the end of the War. Libertarian paleoconservative historian Thomas Woods argues that President Harding's laissez-faire economic policies during the 1920-21 recession, combined with a coordinated aggressive policy of rapid government downsizing, had a direct influence (mostly through intentional non-influence) on the rapid and widespread private-sector recovery.[11] Woods argued that, as there existed massive distortions in private markets due to government economic influence related to World War I, an equally massive "correction" to the distortions needed to occur as quickly as possible to realign investment and consumption with the new peace-time economic environment.
    Harding reduced taxes on the wealthiest Americans from 73% to 25%. The size of the federal government was downsized and one of the worst recesions in our history was quickly turned around. Kennedy's tax cuts of the 60's and Reagan's tax cuts of the 80's had the same result.

    The Reagan Tax Cuts: Lessons for Tax Reform

    The Reagan tax cuts, like similar measures enacted in the 1920s and 1960s, showed that reducing excessive tax rates stimulates growth, reduces tax avoidance, and can increase the amount and share of tax payments generated by the rich. High top tax rates can induce counterproductive behavior and suppress revenues, factors that are usually missed or understated in government static revenue analysis. Furthermore, the key assumption of static revenue analysis that economic growth is not affected by tax changes is disproved by the experience of previous tax reduction programs.
    Sorry, but tax cuts do stimulate the economy and actually bring in more tax revenue as history has proven repeatedly.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Hugh_Akston View Post
    History proves your theory wrong.

    Depression of 1920

    Harding reduced taxes on the wealthiest Americans from 73% to 25%. The size of the federal government was downsized and one of the worst recesions in our history was quickly turned around. Kennedy's tax cuts of the 60's and Reagan's tax cuts of the 80's had the same result.

    The Reagan Tax Cuts: Lessons for Tax Reform

    Sorry, but tax cuts do stimulate the economy and actually bring in more tax revenue as history has proven repeatedly.
    Actually, Hugh, you are mistaken. Tax cuts from the wealthy do not create jobs. Tax cuts for the wealthy kill the middle class. It's time for the wealthy business scum of this world to be held responsible for their actions. Tax cuts for the wealthy are a bad idea. When they wealthy get taxed they lose LUXURIES. When the poor get taxed they lose NECESSITIES. There is a difference and republicans either don't care or aren't bright enough to see it.\

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Vader View Post
    Actually, Hugh, you are mistaken. Tax cuts from the wealthy do not create jobs. Tax cuts for the wealthy kill the middle class. It's time for the wealthy business scum of this world to be held responsible for their actions. Tax cuts for the wealthy are a bad idea. When they wealthy get taxed they lose LUXURIES. When the poor get taxed they lose NECESSITIES. There is a difference and republicans either don't care or aren't bright enough to see it.\
    You can almost see the spittle on the screen ...

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Vader View Post
    WHich is exactly why those republicanazi assholes need to barred from outsourcing jobs to other countries. ... and pretty good evidence of why the system must be well balanced. The liberal douchebags need to leave the 2nd amendment alone... and the republicanazi assholes need to stop tea-bagging big business. There needs to be stiff penalties for companies who pay lobbyists to mkake their criminal activities legal.
    You probably know that BOTH parties suck up to corporations to get their money. Clinton was a huge proponent of those free trade agreements. Obama promised in the Iowa primary to fix some of the worst parts of these agreements. To the best of my knowledge he has done NOTHING in this area.

    Obama helps out his cronies who head up labor unions to pay for their support. However he has done zilch to protect manufacturing jobs in general which used to be the backbone of the U.S. middle class. Not that Bush did anything positive in this area, but I find it hard to say that one side is materially worse in this area.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Vader View Post
    Actually, Hugh, you are mistaken. Tax cuts from the wealthy do not create jobs. Tax cuts for the wealthy kill the middle class. It's time for the wealthy business scum of this world to be held responsible for their actions. Tax cuts for the wealthy are a bad idea. When they wealthy get taxed they lose LUXURIES. When the poor get taxed they lose NECESSITIES. There is a difference and republicans either don't care or aren't bright enough to see it.\
    Hisroty proves you wrong. Did you read my links? The rich are the business owners, both big business and small business. Many of them are not hiring because of the high tax rates and the behemoth of a tax increase (aka HC Bill) that are coming their way. Explain to me how the roaring 20's came to be with all those rich people not creating the massive amount of jobs that were created due to A) tax cuts and B) decreasing the size of the federal government? You can argue all day long about tax cuts not creating jobs, but you will be wrong each and every time.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by washunut View Post
    You probably know that BOTH parties suck up to corporations to get their money. Clinton was a huge proponent of those free trade agreements. Obama promised in the Iowa primary to fix some of the worst parts of these agreements. To the best of my knowledge he has done NOTHING in this area.

    Obama helps out his cronies who head up labor unions to pay for their support. However he has done zilch to protect manufacturing jobs in general which used to be the backbone of the U.S. middle class. Not that Bush did anything positive in this area, but I find it hard to say that one side is materially worse in this area.
    Yeah, I agree with you there. Both sides are guilty in this area. What have republicans done to help the average citizen lately? Not that democrats have done much but ... at least they have done SOMETHING. Republicans want to horde everything for themselves and leave the rest of us to die.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Hugh_Akston View Post
    Hisroty proves you wrong. Did you read my links? The rich are the business owners, both big business and small business. Many of them are not hiring because of the high tax rates and the behemoth of a tax increase (aka HC Bill) that are coming their way. Explain to me how the roaring 20's came to be with all those rich people not creating the massive amount of jobs that were created due to A) tax cuts and B) decreasing the size of the federal government? You can argue all day long about tax cuts not creating jobs, but you will be wrong each and every time.
    This is simple republican rhetoric. Business don't want to hire because doing so shirnks their corporate bonus opportunities. If the money is being spent on labor, corporate scum cannot give it to themselves. What it boils down to is they can hire people or they can spend the money on paying themselves bonues... but to not both. Its as simple as that.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Vader View Post
    Yeah, I agree with you there. Both sides are guilty in this area. What have republicans done to help the average citizen lately? Not that democrats have done much but ... at least they have done SOMETHING. Republicans want to horde everything for themselves and leave the rest of us to die.
    Republicans cut taxes, how is a lesser tax burden bad for the average citizen? Democrats have done too much and are hurting the average citizen. The average citizen needs a job, and a good one. Increasing taxes (aka not renewing the Bush tax cuts) and passing a health care bill that only expands the size of the federal government and further intrudes into our daily lives doesn't help the average citizen in the least. The best thing government can do is remain in a constant state of gridlock. Neither side, as they have proven for the past several years, aren't doing much of anything to actually help the average citizen (aside from the tax cuts). But to paint republicans as "wanting to horde everything and leave the rest to die" is absoultely ridiculous. You might as well just go ahead and remove that "Centrist" label you have listed because I see nothing "centrist" about anything you state.

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    Re: Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge

    Quote Originally Posted by Vader View Post
    This is simple republican rhetoric. Business don't want to hire because doing so shirnks their corporate bonus opportunities. If the money is being spent on labor, corporate scum cannot give it to themselves. What it boils down to is they can hire people or they can spend the money on paying themselves bonues... but to not both. Its as simple as that.
    I love it when you use big words like "corporate scum". It just lends so much credibility to your "opinion". I guess you forgot that small businesses provide just over half of all private sector employees or that small business make up 99.7% of all employer firms (Frequently Asked Questions). How many of those small businesses even have a corporate office? Since the vast majority of small businesses have fewer than 100 employees, I don't think there's a lot of "corporate scum" to kick around. You're simply painting with a very broad brush and you're getting paint all over the place.

    You are making some vast generalizations (you're good at that) and ignoring things like facts when you formulate your "opinions". And for the record, I'm no republican, yet another fact you ignored.

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