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RE: Republican budget proposal - 3/29/2009 4:43:46 PM   
Lorr47


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quote:

ORIGINAL: CruelNUnsual

Its funny that the "disrepute" of the effectiveness of tax cuts is only among  a few liberal/socialist "economists". The data is there to see, and tax cuts work. No data that i have seen contradicts that. Feel free to link to anyone other than Paul Krugman.

Interesting that Obama's own advisor  and principal formulator of his budget, Christina Romer, published in 2007 that tax increases "to reduce an inherited budget deficit or to promote long term growth... are highly contractionary". Another Obama advisor, who's name escapes me right now, published that tax cuts are 2.4x more expansionary per dollar than government spending increases.


The last five economists I have read or listened to have opined that tax cuts are less  effective than spending for stimulus purposes.  Read the last issue of AARP for a couple of one liners suitable for conservative thought..  And, although I am extremely liberal, I love to watch Pat Buchanan defend Obama's actions against that Monica creature on the McLaughlin Report.

(in reply to CruelNUnsual)
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RE: Republican budget proposal - 3/29/2009 4:49:35 PM   
CruelNUnsual


Posts: 624
Joined: 9/28/2008
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quote:

ORIGINAL: Lorr47

quote:

ORIGINAL: CruelNUnsual

Its funny that the "disrepute" of the effectiveness of tax cuts is only among  a few liberal/socialist "economists". The data is there to see, and tax cuts work. No data that i have seen contradicts that. Feel free to link to anyone other than Paul Krugman.

Interesting that Obama's own advisor  and principal formulator of his budget, Christina Romer, published in 2007 that tax increases "to reduce an inherited budget deficit or to promote long term growth... are highly contractionary". Another Obama advisor, who's name escapes me right now, published that tax cuts are 2.4x more expansionary per dollar than government spending increases.


The last five economists I have read or listened to have opined that tax cuts are less  effective than spending for stimulus purposes.  Read the last issue of AARP for a couple of one liners suitable for conservative thought..  And, although I am extremely liberal, I love to watch Pat Buchanan defend Obama's actions against that Monica creature on the McLaughlin Report.



Links?

(in reply to Lorr47)
Profile   Post #: 22
RE: Republican budget proposal - 3/29/2009 4:54:00 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: rulemylife

Let's step back and look at this.

Weren't the Bush tax cuts increasing government revenue from the increased corporate profits?

That's what I've heard.

From Bush supporters.

And what I continue to hear today, from Republicans in Congress who are even now pushing a similar plan.

You 'heard' wrong. When income taxes and capital gains taxes are reduced there is a spike in tax revenue but like redeeming coupons...for only one shot. (year) After taking advantage, the lower tax rates actually lower revenue...can you imagine and contribute heavily toward a deficit.


That was humor/sarcasm MrR.

< Message edited by rulemylife -- 3/29/2009 4:55:19 PM >

(in reply to MrRodgers)
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RE: Republican budget proposal - 3/29/2009 5:02:27 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: CruelNUnsual

Its funny that the "disrepute" of the effectiveness of tax cuts is only among  a few liberal/socialist "economists". The data is there to see, and tax cuts work. No data that i have seen contradicts that. Feel free to link to anyone other than Paul Krugman.

Interesting that Obama's own advisor  and principal formulator of his budget, Christina Romer, published in 2007 that tax increases "to reduce an inherited budget deficit or to promote long term growth... are highly contractionary". Another Obama advisor, who's name escapes me right now, published that tax cuts are 2.4x more expansionary per dollar than government spending increases.


Feel free to back your arguments with sources.

That is if their names don't escape you.

< Message edited by rulemylife -- 3/29/2009 5:03:20 PM >

(in reply to CruelNUnsual)
Profile   Post #: 24
RE: Republican budget proposal - 3/29/2009 5:07:46 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: CruelNUnsual

quote:

ORIGINAL: Lorr47


The last five economists I have read or listened to have opined that tax cuts are less  effective than spending for stimulus purposes.  Read the last issue of AARP for a couple of one liners suitable for conservative thought..  And, although I am extremely liberal, I love to watch Pat Buchanan defend Obama's actions against that Monica creature on the McLaughlin Report.



Links?


You mean to dispute the many links you've provided?

(in reply to CruelNUnsual)
Profile   Post #: 25
RE: Republican budget proposal - 3/29/2009 5:12:43 PM   
CruelNUnsual


Posts: 624
Joined: 9/28/2008
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quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: CruelNUnsual

quote:

ORIGINAL: Lorr47


The last five economists I have read or listened to have opined that tax cuts are less  effective than spending for stimulus purposes.  Read the last issue of AARP for a couple of one liners suitable for conservative thought..  And, although I am extremely liberal, I love to watch Pat Buchanan defend Obama's actions against that Monica creature on the McLaughlin Report.



Links?


You mean to dispute the many links you've provided?



google is your friend: Christina Romer

And just to satisfy you, rule, Ill change my request to links OR names of  "the last 5 economists" she supposedly read.

< Message edited by CruelNUnsual -- 3/29/2009 5:39:37 PM >

(in reply to rulemylife)
Profile   Post #: 26
RE: Republican budget proposal - 3/29/2009 6:01:20 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: CruelNUnsual


google is your friend: Christina Romer

And just to satisfy you, rule, Ill change my request to links OR names of  "the last 5 economists" she supposedly read.


No, actually Google is your friend.

If you make an argument, support it.

Don't put the onus on others to prove you right or wrong.

(in reply to CruelNUnsual)
Profile   Post #: 27
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