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Thread: So How Did the Bush Tax Cuts Work Out for the Economy?

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    BTW, your question might be changed to ask what do we mean by cost:

    But today, as the United States ends combat in Iraq, it appears that our $3 trillion estimate (which accounted for both government expenses and the war's broader impact on the U.S. economy) was, if anything, too low. For example, the cost of diagnosing, treating and compensating disabled veterans has proved higher than we expected.

    The true cost of the Iraq war: $3 trillion and beyond

    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: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Boo Radley View Post
    Well, then we can throw money away for nothing at will then.

    COSTOFWAR.COM - The Cost of War
    I believe I said the cost of the Iraq War was over 700 billion dollars in almost 8 years and the Obama war of choice is 340 billion dollars. Afghanistan war began in 2001, the Iraq War began in 2003. You claimed it was a huge part of the debt and I proved that wrong.

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    I believe I said the cost of the Iraq War was over 700 billion dollars in almost 8 years and the Obama war of choice is 340 billion dollars. Afghanistan war began in 2001, the Iraq War began in 2003. You claimed it was a huge part of the debt and I proved that wrong.
    No you didn't. keep reading.

    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: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Boo Radley View Post
    BTW, your question might be changed to ask what do we mean by cost:

    But today, as the United States ends combat in Iraq, it appears that our $3 trillion estimate (which accounted for both government expenses and the war's broader impact on the U.S. economy) was, if anything, too low. For example, the cost of diagnosing, treating and compensating disabled veterans has proved higher than we expected.

    The true cost of the Iraq war: $3 trillion and beyond
    Exactly, you must take into account all the ancillary costs of the war which are huge.


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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Boo Radley View Post
    No you didn't. keep reading.
    I prefer reading what the checkbook of the United States says and thus the actual dollars that the Federal taxpayer will spend. Obviously talking about the war in Iraq allows you to divert from the economic disaster we have with this Administration. Carry on!

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by pbrauer View Post
    Exactly, you must take into account all the ancillary costs of the war which are huge.
    Just like with all liberal predictions they are distorted and most downright lies. You haven't proven that the war will cost 3 trillion dollars, only speculation because that is what you want to believe. Actual numbers really matter, not liberal predictions which never seem to be right.

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    What liberals/progressives have a problem with is the "will of the people" to keep more of their own money and the passion they have for picking the winners and losers. All that so called compassionate rhetoric that has done nothing but create dependence and that is what continues to drive progressives today, the desire for power.
    Thank you, you state the case much better than I do. They want to criticize us for spending money to free the Iraqis but they spend money to give poor Americans health insurance and housing. If anything, I think it should be the other way around. I would have rather had pay deductions coming directly from my check to fund Operation Iraqi Freedom, and if Dems really want to help poor people so bad they should be the ones having to borrow the money.

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by McCain2012 View Post
    Thank you, you state the case much better than I do. They want to criticize us for spending money to free the Iraqis but they spend money to give poor Americans health insurance and housing. If anything, I think it should be the other way around. I would have rather had pay deductions coming directly from my check to fund Operation Iraqi Freedom, and if Dems really want to help poor people so bad they should be the ones having to borrow the money.
    Do you believe that healthcare insurance is a civil right that should be funded by Federal Tax dollars? Or should healthcare be a state and local issue to handle?

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Conservative View Post
    Do you believe that healthcare insurance is a civil right that should be funded by Federal Tax dollars? Or should healthcare be a state and local issue to handle?
    Well that depends, do you mean Medicaid? Because if so, no. I think it should be a state issue but I don't want any of my money used to help people, except citizens who live under tyrannical governments and who need our military assistance. As for here at home though, if some woman has a bunch of babies and she can't afford to get them private health insurance, is it my responsibility to pay for the child's insurance? Heck no.

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    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by McCain2012 View Post
    Well that depends, do you mean Medicaid? Because if so, no. I think it should be a state issue but I don't want any of my money used to help people, except citizens who live under tyrannical governments and who need our military assistance. As for here at home though, if some woman has a bunch of babies and she can't afford to get them private health insurance, is it my responsibility to pay for the child's insurance? Heck no.
    you don't seem to have a grasp as to the difference between Medicare and Medicaid.

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