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The Politico: The Rich Defending Not Being Taxed Out The Ying Yang Is “Whiny” And “Upsetting”
Written By : William Teach

Personally, I’ll never understand the liberal doctrine to punish people for doing well, instead of applauding them and incentivizing them to pump that money back into the private sector, creating jobs and wealth down the food chain. Alas, it is not to be

President Barack Obama plans to raise taxes on “the rich,” and he defines rich as those making more than $250,000 a year. Two professors at prestigious universities have started brush fires on the Web during the past couple of weeks by taking issue and offering themselves as examples. One says raising taxes on incomes over $250,000 is unfair. The other says it’s inefficient and will discourage work. Fairness and efficiency are the two measures of any tax policy, so that about covers it. Fairness is subjective, but efficiency has a precise definition: A tax should change people’s incentives as little as possible (unless it changes them on purpose in a positive way — like New York Mayor Michael Bloomberg’s idea of taxing junk food).

Unfortunately, fairness is defined differently by liberals. It means taking one persons money and giving it to the government so they can spend it unwisely.

Professor No. 1 teaches law at The University of Chicago. He got up on the wrong side of the bed one day and banged out a short, self-righteous screed. He wrote that although he makes more than the magic $250,000, he nonetheless objects to being called rich and being asked to fork out more money for taxes. He says that higher taxes will require real sacrifices — and not just from him. He may have to sell his house and cars. Or he may fire the hardworking Mexican legal immigrant who mows his lawn.

Actually, the screed was rather whiny, and a poor way to defend not jacking taxes on “the rich.” Even the Wall Street Journal takes the writer, Joe Henderson, to task, and offers some advice. Yet, he makes a good point: why should his family be forced to pay more simply for doing well? I still don’t have much sympathy for him, though, since, like the good liberal Henderson is, he thinks those making millions should be taxed hard. In Liberal World, it’s always about someone else’s money. Anyhow, let’s move on from Joe

Professor No. 2 is Harvard economist Greg Mankiw, who was President George W. Bush’s chief economic adviser. Mankiw wrote an upsetting column in The New York Times a couple of weeks ago, saying that if Obama gets his way on taxes, he (Mankiw) would face a marginal tax rate (the tax on his next dollar of earnings) of 90 percent. Ninety percent! Mankiw did not whine about unfairness. His point was entirely about the effect this would have on his work incentive. (While the whiny law professor is selling his car to raise money for taxes, Mankiw will be turning down paid lecture opportunities because taxes make them not worth it to him.)

Apparently, it is upsetting to offer actual facts about what high taxation can do to the economy. And because Mankiw is an “intellectually honest conservative.”

Of course, when the government is spending $1.3 trillion more than it brings in and borrowing more than a third of what it spends, the details of the tax law almost don’t matter. You’ve got to start making some assumptions about who will ultimately bear the burden of this year’s spending and the effect this will have on that person’s work incentive. (Even deficit doves like Berkeley professor Brad DeLong are quoting Milton Friedman’s famous truism: “To spend is to tax,” meaning that today’s spending commits you to pay for it, however much you initially put off.) If people making more than $250,000 a year can’t be asked to dig a little deeper, who can?

I have a good idea for who can dig a little deeper: the government. They can stop spending so darned much, pare back, live within their means. Raising taxes is like taking away your kids’ allowance so daddy can buy that new 50 inch 3D flat screen with only one pair of 3D glasses, and a 3d Blu-Ray player. Only dad gets to watch.

Why should any group be penalized because the government is irresponsible with the People’s money? If someone is living well above their means, purchasing a car and home they can’t afford, maxing out their credit cards, do we feel sorry for them? Does the bank say “oh, that’s OK, little buddy, here’s a new line of credit”? Or do we tell the person to sell the house, sell the car, and live within their salary?

If someone is making above that magical $250,000 line, exactly what is it to you, Liberals? What business is it of yours? We all know the answer, of course. It is that the Left always has to have someone to demonize. Liberal World is negative, and someone must always be penalized. What they always fail to grasp is that if you abuse your players for winning the championship game, you won’t get the same effort and results next time. And then climate change destroys the field.

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach. Re-Change 2010!

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  • Kingfisher

    If being rich is so evil then why are so many Democrats wealthy?

    http://www.rollcall.com/features/Guide-to-Congress_2008/guide/28506-1.html?type=printer_friendly

    • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

      It has nothing to do with being evil. It has to do with providing enough funding to the country to keep up our infrastructure, and having businesses put their income to work, rather than lavish it on executives through high pay and bonuses.

    • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

      It has nothing to do with being evil. It has to do with providing enough funding to the country to keep up our infrastructure, and having businesses put their income to work, rather than lavish it on executives through high pay and bonuses.

      • StanW

        So you defend wealth when it is in the hands of a Liberal, but condemn it when it is a Conservative.

        Thank you Danny. You may go now.

        • http://www.thepiratescove.us/ William_Teach

          Ever notice that rich liberals who whine about low tax rates never pony up and pay more, what liberals call their “fair share?”

          I suggest that the GOP, when they retake the House (and maybe, just maybe, the Senate), pass a law which allows people to voluntarily pay a higher tax rate on their federal returns. They could create Tax Form 250K, which would allow Liberals to calculate a 36% tax rate on $250k to $384,860, and 39.6% for earnings above $384,861. (the tax rates which would be in effect if the 2001/2003 cuts are allowed to expire)

          Surely, liberals would line up to pay that, right, liberals?

          • StanW

            That’s been tried before, Teach. Huckabee did it in Arkansas for all of his Liberal critics that DEMANDED higher taxes to pay for the things they wanted the state to fund. In the entire time he was in office, that fund got less than $1,000 sent to it.

            Liberal a generous (and brave and tolerant) ONLY when it costs them nothing to be that way.

          • http://www.thepiratescove.us/ William_Teach

            Yup. Liberals are very generous with other peoples money. When it is their own, the chose the higher rate about .05% of the time (http://taxprof.typepad.com/taxprof_blog/2010/04/howie-carr-why.html)

            BTW, I started looking at the Mass. tax form to see how they allowed people to chose the higher rate, and got a massive eye opener on what would happen to the federal forms if the ObamaCare mandate was allowed to stand. Holy cow, Mass has turned doing a tax form into a major affair! http://www.mass.gov/Ador/docs/dor/Forms/IncTax09/f1_nrpypdfs/form_1.pdf

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Why would they? Why would anyone choose to pay taxes unless they have to? Everyone is greedy, but liberals embrace that fact and choose to make it mandatory.

            But if conservatives didn’t want higher taxes, all they have to do is contribute more of their wealth to the deficit. I mean, they did vote in the administration which started us down this high deficit path, only fair that they cover some of the costs.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Why would they? Why would anyone choose to pay taxes unless they have to? Everyone is greedy, but liberals embrace that fact and choose to make it mandatory.

            But if conservatives didn’t want higher taxes, all they have to do is contribute more of their wealth to the deficit. I mean, they did vote in the administration which started us down this high deficit path, only fair that they cover some of the costs.

          • StanW

            HAHAHAHAHAHAHAHAHA!!!!

            You can’t even see how STUPID you are!

          • Kingfisher

            Everyone is greedy, but liberals embrace that fact and choose to make it mandatory.

            You realize that, with this statement, you’re saying that liberals embrace greed and choose to make greed mandatory.

            ROFLMAO!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Only if you take it out of context. Which you keep trying to do.

          • Kingfisher

            I read the ENTIRE post danny.

            Face it, you’re dumb as shit.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            More personal attacks, when called out for taking quotes out of context. Only topped by gfchicago like botting everything to prevent them from being moderated.

          • Kingfisher

            Run away little girl, run away!

            Looks like you wet your panties again. Good.

          • Kingfisher

            But if conservatives didn’t want higher taxes, all they have to do is contribute more of their wealth to the deficit.

            That’s legal right now, DB. Citizens are permitted to paying high taxes to the IRS and refusing a refund.

            I’ll await for that long list of liberals who voluntarily overpay their taxes.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Voluntarily overpay so the wealth will get their taxes cut more, and we’ll send more troops overseas to die in pointless wars?

            Same reason conservatives don’t overpay. There are people in the government that use money for things you don’t agree with. That’s why paying taxes is mandatory.

          • StanW

            And that is NOT what we are discussing, Danny. But you already know that.

            You and your ilk want to raise taxes to pay for more of your social engineering. Mandatory taxes shoudl be for Constitutionally mandated services and expences.

            If you want more condom machines in gay bars, YOU PAY FOR IT!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Foreign bases aren’t constitutionally mandated, but you sure don’t want those cut. Maybe if you stuck to what you believed in, we wouldn’t be raising taxes.

          • StanW

            And you ONLY want to cut the military, Danny.

            Stop demanding we raise taxes and cut the military so that gay bars can have free condoms.

          • StanW

            And you ONLY want to cut the military, Danny.

            Stop demanding we raise taxes and cut the military so that gay bars can have free condoms.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            But I thought we were cutting all non-constitutionally mandated spending?

            Oh right, right wing logic. Keep spending for constitutional mandates and other things we think are important.

          • StanW

            Military spending IS Constitutionally mandated, Danny.

            Yeah, you’re THAT stupid!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Defense spending is constitutionally mandated.

            What part of invading another country is part of defense?

          • StanW

            If that country is the agressor, Danny. Guess you didn’t do so well in Social Studies.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Were we invaded by Iraq, Afghanistan, or Cuba? Nope. Did they launch any attacks at us? Nope. Have we captured Osama bin Laden? Nope. Have we established a successful democracy in Iraq? Nope. Have we established a successful democracy in Cuba? Nope.

            Has any part of our foreign military policy made us safer and contributed to the defense of our nation? Nope.

            So again, what part of this spending was for defense?

          • StanW

            DId the Germans bomb up at Pearl Harbor? Did Vietnam invade us? Why did the Marines go the the Shores of Tripoli?

            And if you don;t think America is any safer because we took the fight to the terrorists, then you are far to delusional to be playing on a computer.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You do realize that when we went to war with Japan, Germany declared war on us?

            Vietnam was another war we lost, that introduced another communist regime.

            Tripoli was to rescue Americans. Once rescued, it exposed flaws in the Tripoli regime, which allowed the rightful ruler to regain control. Cuba, Afghanistan, and Iraq didn’t have deposed rulers and captured Americans.

            If you believe we’re safer because we took the fight to the terrorists, then you are far to delusional to be playing on a computer.

          • StanW

            Did Germany attack us? That was your criteria before? No, still can’t play by the rules, even when you set them.

            Afghanistan is where the Taliban were. Remember them? Iraq was a staging ground for worldwide terrorism directed at Israel and AMERICA.

            Pathetic that you go to such great lengths to denegrate the American military, Danny.

          • http://www.patriotpost.com bthewolf

            “Did they launch any attacks at us? Nope.” Liar! Gitmo is a result of the Spanish American War. Iraq was in response to violations of a cease fire among which were attacks on US aircraft. And if you don’t understand why we’re fighting against Afghanistan, you’re too stupid to be let out of your padded cell.

          • Kingfisher

            Ah yes, now that Danny has lost the economic battle, he’s turning to another losing battle–Iraq.

            Looks like your short attention span can’t stay on one subject.

          • StanW

            If that country is the agressor, Danny. Guess you didn’t do so well in Social Studies.

          • http://www.patriotpost.com bthewolf

            So invading Germany wasn’t defense?

            Dippy fails logical thought for 1st graders!!!

          • Kingfisher

            What part of invading another country is part of defense?

            See Section 8, the power to declare war, dumbass!

          • http://www.patriotpost.com bthewolf

            “Foreign bases aren’t constitutionally mandated”

            They’re not? What part of writing treaties did you fail? What part of Defense did you fail?

          • Kingfisher

            Voluntarily overpay so the wealth will get their taxes cut more, and we’ll send more troops overseas to die in pointless wars?

            The wealthy don’t get their taxes “cut more” because you overpay. Their deductions are constant.

            Typical lib, full of shit then runs away when faced with facts. Fiza did the very same thing before he crawled away to his little rock then came back under pseudonyms.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I keep throwing up facts, you keep running. Sure don’t see any of you trying to refute the low tax ratio and high debt ratio we have compared to other countries. Or any of you picking a time frame that policies effect.

            All big talk, hide in your little enclave here, hoping no one bursts your bubble.

          • Kingfisher

            *YAWN!*

            Somebody tell the local elementary school that one of their crybabies is accessing the Internet again.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Ooo, name calling now.

            Quick, pretend he’s young and knows nothing, rather than try to refute the points that are brought up.

          • Kingfisher

            Ooo, name calling now.

            Wow, did you figure out that all by yourself or did you get help from your local NAMBLA group, fiza?

          • Kingfisher

            Ooo, name calling now.

            Wow, did you figure out that all by yourself or did you get help from your local NAMBLA group, fiza?

          • http://www.patriotpost.com bthewolf

            You have to have facts to burst bubbles, Dippy. And your facts don’t support your argument as well as you’d like. And we’ve all shown you how.

          • Kingfisher

            You haven’t thrown any “facts” regarding tax cuts, Danny.

            Now run back to your gay lover, Barney.

          • http://www.thepiratescove.us/ William_Teach

            Hey, you folks on the left are pushing for the higher taxes, why not pay your fair share? Stand up for your beliefs, Danny, pay more in taxes to deal with the deficit that your party pushed to historic highs.

            In case you missed it, Danny, Conservatives railed against Bush and Republicans during those years for spending too much. Also, I remember you lefties whining about the deficit, too. Now, all of a sudden, the monstrous deficit created by YOUR party is OK, it’s just that people are not being taxed enough.

            So, why shouldn’t liberals, who believe in paying higher taxes, be given an opportunity to contribute to deficit reduction? Man up, Danny! Take responsibility. Lord knows, your party and president don’t.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Because I won’t pay more because I figure it will be used to pay to try to overturn some government, give another bailout to wall street, or cut taxes on the wealthy more so they can make 7 figures while off shoring jobs.

            The deficit and economic situation was caused by the policies of 2001-2007. Unless you believe like Stan that policies take effect immediately, at which point the deficit, 2001 recession, and 9/11 were all due to Republicans.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Because I won’t pay more because I figure it will be used to pay to try to overturn some government, give another bailout to wall street, or cut taxes on the wealthy more so they can make 7 figures while off shoring jobs.

            The deficit and economic situation was caused by the policies of 2001-2007. Unless you believe like Stan that policies take effect immediately, at which point the deficit, 2001 recession, and 9/11 were all due to Republicans.

          • http://www.thepiratescove.us/ William_Teach

            Now that’s funny!

            Notice how Danny picks the time period when Democrats didn’t have full control of Congress for his little rant, and leaves out the absurd and historic spending levels of the Democrat controlled Congress?

            Man up, Danny, your president and Dem controlled congress have said they need the money to continue spending. It’s time for you to do your part and contribute to the greater good, pay your fair share. Send all your extra money to the IRS. Why are you avoiding doing just that?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Then give me a time frame William. Step up, and give me a time frame. A consistent time frame.

            Or keep running scared like you and the rest of your little buddies, changing time frames to fit your argument, so you don’t actually have to try to refute anything.

          • Kingfisher

            Or keep running scared like you and the rest of your little buddies, changing time frames to fit your argument, so you don’t actually have to try to refute anything.

            So then answer the question, Danny. Who was in control of Congress from 2007-today? The time when you claimed that jobs were being lost.

            Last I checked, a certain future president was senator at that time.

            We’re waiting.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Running too I see. Pick a time period that economic policies have effect on. You claim that the Democratic congress was responsible for the recession, you’re picking immediate effects for policy. You’re also then picking Bush causing 9/11.

            Pick wisely Kingfisher. And then be prepared to defend your pick and stick with it.

          • Kingfisher

            Pick wisely Kingfisher. And then be prepared to defend your pick and stick with it.

            Then why don’t you answer your own question.

            Coward.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I think it takes 5 years. 300 million people, economy moves slow, and changes in GDP correspond with policy changes 5 years prior.

            Your turn.

          • Kingfisher

            Than, by your own admission, the problem isn’t Bush’s fault.

            Thank you.

          • Kingfisher

            Than, by your own admission, the problem isn’t Bush’s fault.

            Thank you.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Hmm, recession began in 2007. 2007 minus 5 years would be… oh right, 2002, when the government was run by a Republican president with a Republican congress. Pretty much the same time that two tax cuts were enacted.

            Good work at that whole arithmetic thing.

          • Kingfisher

            The reason why you chose 5 years is simple, that’s the amount you calculated where you can blame Bush and exonerate the Democrats.

            There is no supporting evidence to your “5 year” claim. Therefore, you are dismissed. 6 months to 1.5 years is more realistic.

            Actually, 5 years proves that you’re dumb as shit. Obamacare is starting to affect the people NOW. Check out the latest from Boeing and McDonalds for more information.

            If the Democrats were in power longer, you would have simply picked a larger number.

            Then, by your logic, the stimulus is pointless because it will take 5 years to be effective. We cannot wait 5 years.

            Thank you for proving, once again, that you’re nothing more than a hardcore liberal asskisser

          • http://www.thepiratescove.us/ William_Teach

            Keep running scared, Danny. You still haven’t offered to send your extra cash to the IRS to pay for the historic deficits your president and Congress have run up.

            Why is that, Danny?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            No time frame William? Another big talking right winger too scared to stick by his guns and actually have to refute data, rather than just trying to change time of effect?

            You’re not the pirate, you’re the parrot.

          • http://www.thepiratescove.us/ William_Teach

            Still unable to commit to paying your fair share, eh, Danny? Not surprising. You liberals are long on talk, but, you refuse to walk the walk.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I pay my fair share, as defined by the government you voted in to power in 2001 and 2003. Considering I don’t have a kid, don’t use social security or medicare, have my own retirement fund, and don’t believe in our foreign engagements, seems what I pay is pretty fair.

            Your turn parrot. Pick a time frame.

          • http://www.thepiratescove.us/ William_Teach

            Now that’s funny!

            Notice how Danny picks the time period when Democrats didn’t have full control of Congress for his little rant, and leaves out the absurd and historic spending levels of the Democrat controlled Congress?

            Man up, Danny, your president and Dem controlled congress have said they need the money to continue spending. It’s time for you to do your part and contribute to the greater good, pay your fair share. Send all your extra money to the IRS. Why are you avoiding doing just that?

          • Kingfisher

            Because I won’t pay more because I figure it will be used to pay to…or cut taxes on the wealthy more so they can make 7 figures while off shoring jobs.

            Thank you for proving your ignorance of economics once again.

          • http://www.patriotpost.com bthewolf

            “I mean, they did vote in the administration which started us down this high deficit path, only fair that they cover some of the costs.”

            Odrama Admin that tripled Deficit spending in less than 2 yrs? I didn’t conservatives voted for him, huh I must have missed the memo.

          • Anonymous

            Why would they? Why would anyone choose to pay taxes unless they have to? Everyone is greedy, but liberals embrace that fact and choose to make it mandatory.

            So what you’re saying is, you’re trying to legislate morality. Awesome.

        • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

          You know there are both liberal executives and conservative executives?

          You may go now.

          • StanW

            Of course I do, Danny. but you made no distinction in your pathetic screed.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Of course I didn’t. Unlike you, it wasn’t a partisan issue to me. I simply said executives wouldn’t be lavished with high pay. Which does mean all executives, not just Conservative or Liberal ones. You chose to interpret it as an attack on conservatives.

          • Kingfisher

            Then why do you accept the fact that most Democrats are wealthy?

            I know Republicans in Congress are wealthy too but you focus your attention only on the business world while ignoring the fact that your elected reps in Congress are living very well.

          • StanW

            Not a partisan issue? Perhaps you should read the posts you are replying to. King made the point that you were slamming wealth, but that there are a number of rich Democrats in Congress. You then went off on Corporations, while ignoring the point of the post.

            You criticize wealth when it is in provate hands or is a Conservative. but you defend wealth when it is in the hands of a Liberal Democrat. And your hypocrisy shines AGAIN!

          • Kingfisher

            I simply said executives wouldn’t be lavished with high pay.

            Then start by taking the pay form those “liberal executives.” That should be easy and you can show that it works.

          • http://www.thepiratescove.us/ William_Teach

            They can start with folks like Peter Lewis (Progressive CEO), a massive Dem contributor. Cut his salary of $1.5 million a year (excluding bonuses, perks, etc) down to, say, $100,000 a year.

            That’s fair, right, Danny?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Yes.

          • Kingfisher

            Then get back to us when you convince him to do so, Danny.

            You choose not to do so because your party needs money….LOTS of it.

          • Anonymous

            You know, Warren Buffet (the investor, not to be confused with his more respected brother Jimmy), was ranked one of the wealthiest people alive in 2010. He has donates heavily to the democrats.

            How much money should he be allowed to keep?

          • http://www.thepiratescove.us/ William_Teach

            They can start with folks like Peter Lewis (Progressive CEO), a massive Dem contributor. Cut his salary of $1.5 million a year (excluding bonuses, perks, etc) down to, say, $100,000 a year.

            That’s fair, right, Danny?

          • Kingfisher

            There are liberal executives, Danny? How can that be since we’re told that liberals are for the “common man?”

            I would be happy to instruct these “liberal executives” how to write a check to a charitable organization.

            The fact that you accept the truth of “liberal executives” shows, once again, that wealth is acceptable to you as long as it is used only for your purposes.

      • http://www.patriotpost.com bthewolf

        Executives like school administrators, POTUS, governors, and city managers/mayors? All who get great pay and benefits even while running their respective organizations into the ground!!!

        • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

          Right Wing Logic to the rescue!

          They could only do so much with the organizations. Their funding was so cut, and Republicans were blocking them at every turn, that none of their ideas were even implemented. If only they had complete control, and people listened to them, their organizations wouldn’t be run into the ground.

          • http://www.patriotpost.com bthewolf

            Right because in the Fed right now the Dems don’t have a super majority and can stop anything the Reps want. You got Odramacare, you got Porkulus, you almost got Cap and Tax, and still the economy is in the shitter. Spending more than you take in will never fix your budget.

            Left wing logic at work, doing the same over and over expecting different results.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            And that’s why we want to re-elect Republicans? In the hope that Bush policies will produce different results?

          • Kingfisher

            Tried and true policies and procedures should be repeated.

            Fortunately, people like you are rare.

          • http://www.patriotpost.com bthewolf

            As opposed to electing high spending Dems, and the ‘successes’ of their policies. And I don’t want Republicans I want Conservatives, You’ll find more those in the GOP than amongst Dems.

          • http://www.patriotpost.com bthewolf

            As opposed to electing high spending Dems, and the ‘successes’ of their policies. And I don’t want Republicans I want Conservatives, You’ll find more those in the GOP than amongst Dems.

          • Proud Infidel

            Danny, you lose, now go drink your Kool-Aid.
            Try again.
            Try harder.

        • Proud Infidel

          You mean bureaucrats like the tens of thousands of Public School administrators with 6-figure salaries?

          • http://www.patriotpost.com bthewolf

            Yup and every other govt employee making more than twice the national median wage, after benefits!!!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Haha. Glad to see you know next to nothing about government pay scales.

          • http://www.patriotpost.com bthewolf

            Glad to know you know nothing about how much people actually get paid in our government at all levels. Their are too many taking 6 figure salaries with almost 6 figures of benefits annually.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            http://www.washingtonexaminer.com/politics/Federal-salaries-targeted-as-private-sector-pay-stagnates-8665856-79571487.html
            http://blogs.payscale.com/salary_report_kris_cowan/2010/04/federal-employee-salaries.html

            The podiatrist makes $139,000. A private sector podiatrist could easily make upwards of $300,000. Most of the other pay scales are in line, considering they don’t include experience differences. You can enter private industry with 1-3 years experience, the government has almost no entry level jobs.

          • http://www.patriotpost.com bthewolf

            The average pay for the nation’s 1.9 million federal workers is a little over $71,000, with the 372,041 federal workers in the Washington area earning an average of $94,047. The average salary for the nation’s 108 million private-sector workers is $50,028.

            Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/Federal-salaries-targeted-as-private-sector-pay-stagnates-8665856-79571487.html#ixzz12r3xOYP9

            Right from your own article, DIPSHIT!! The only people that lose money working for the govt are licensed professionals.

            You’re a fucking moron, Dany, almost of the examples in you second post show Fed employees making more than private employees with just a few exceptions: such as software Engineers!!!

            “You can enter private industry with 1-3 years experience, the government has almost no entry level jobs.”

            Bwahahahhahhaahhahaha so tell me how much experience education is required to work the USPS?? http://jobs.irs.gov/careers.html Even the IRS has jobs that would be considered ENTRY LEVEL!!!!!!!

            Do you think before you post?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            And most of the people I know that have transitioned from private to government work have taken a pay cut.

          • http://www.patriotpost.com bthewolf

            Glad to know you know nothing about how much people actually get paid in our government at all levels. Their are too many taking 6 figure salaries with almost 6 figures of benefits annually.

          • http://www.patriotpost.com bthewolf

            Yup and every other govt employee making more than twice the national median wage, after benefits!!!!

      • Kingfisher

        It has to do with providing enough funding to the country to keep up our infrastructure, and having businesses put their income to work, rather than lavish it on executives through high pay and bonuses.

        Then perhaps you can explain why Pelosi has been wasting our money on her own personal lavish spending.

        Thank you for your whining little child. You are dismissed. It’s time to go to bed so the adults can talk. You wouldn’t understand what is being discussed anyway.

      • Proud Infidel

        The Federal Deficit doesn’t come from insufficient taxing, it comes from Federal Overspending.
        “Government always finds a need for whatever money it gets.” – Ronald Reagan

        • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

          Isn’t it amazing how countries that have a tax to gdp ratio of 30% have a lower debt to gdp ratio than us? And that we have one of the worst public education systems, health care systems, and transportation infrastructures in the world?

          Maybe our economy wouldn’t be so bad if people actually paid taxes at a level relative to the services provided by their government.

          • http://www.patriotpost.com bthewolf

            We don’t have on of the worst Public Education systems, health care systems, or transportation infrastructures, Dippy. So you just blew you’re whole rant right out the water.

          • http://www.patriotpost.com bthewolf

            We don’t have on of the worst Public Education systems, health care systems, or transportation infrastructures, Dippy. So you just blew you’re whole rant right out the water.

          • http://www.wordaroundthenet.com Christopher Taylor

            It takes a particularly idiotic person to think that paying more taxes would make the economy better, in the face of blatant reality around the world and through history of that not being the case. Did your mom drop you on the head a lot as a child?

  • Waterwillows

    It is apparent the dems love to hate people of initative. Theirs is a socialist/communist creed of unrestrained envy. It is not so much the taxing incentive that is so damaging to a country, but that its core reason of envy is born in the depths of hell. And that always damages the nation.

    • Anonymous

      This line of thinking is broad brushed and clear a waste of mental activity.

      • http://www.patriotpost.com bthewolf

        Spoken like someone who doesn’t use any mental activity.

  • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

    Tax rates are lower than they have ever been. So much so, that our effective total tax rate is about 24% of GDP, when countries with stronger economies than ours are at about 35% of GDP.

    But yes, trickle down has worked so well, let’s keep those tax rates low, and blame it all on spending.

    Jobs growth under the low tax rate period was just amazing! /sarcasm

    • http://www.patriotpost.com bthewolf

      So Dippy if other successful countries have a higher tax rate to GDP ratio, they should have a lower Deficit and Debt ratio right? Because they can pay their pay bills because their taxes aren’t too high?

      “But yes, trickle down has worked so well, let’s keep those tax rates low, and blame it all on spending.”

      Well trickle up misery has worked so well, let’s keep spending high, and blame it on low taxes.

      “Jobs growth under the low tax rate period was just amazing! /sarcasm”

      Versus all the jobs (negative) growth under our current rampant spending was just amazing?? /logic

      Dippy Browning failing to the forest for the trees since birth.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        The rampant spending occurred after our economy had started hemorrhaging jobs. Unless you want to count Bush’s off the books rampant spending. If jobs growth was so amazing, why was our economy hemorrhaging jobs in 2007, 2008, and 2009?

        • StanW

          And who was in control of Congress during those years, Danny?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            More Right Wing Logic to the rescue!Democratic policies immediately have an effect on the economy, but the growth seen under Clinton was a result of Republican policies 8 years prior, and the recession under Reagan was a result of Democratic policies 8 years prior.Which is it Stan? Do economic policies only have an effect 8 years later, or do they take effect immediately? Oh I get, Republican policies take 8 years, but Democratic policies are immediate, as long as there are no conflicting economic scenarios under those time frames.

          • StanW

            “the growth seen under Clinton was a result of Republican policies 8 years prior”
            Where did I say that Danny, WHERE?

            Stop listening to the voices in your head, you idiot!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            So then the growth seen under Clinton was due to the tax increases he enacted?

          • StanW

            Why are you bringing up Clinton? Is there no Liberal Democrat you won’t defend?

          • StanW

            Why are you bringing up Clinton? Is there no Liberal Democrat you won’t defend?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Because I want you to pick a time frame and stick to it Stan. Do economic policies take 1 year to take effect? 3 years? 5 years? Or is it just immediate for Democrats, but 5 years for Republicans? Pick one Stan.

            Or don’t. Because then I’ll actually be able to show you data that you can’t refute by trying to change time frames.

          • StanW

            So by going back a few decades, you are trying to make a point about today? Nice try, Danny. Either stick with the topic at hand or eat static.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Keep running Stan, keep running.

            Too scared to pick a time frame, have to use it as a crutch for defending arguments. Picking a time frame will mean you actually have to defend against the numbers across the board.

            Run Stan run.

          • StanW

            You picked the time frame, Danny. 2007-2009. When we questioned you on YOUR TIME FRAME, you went “what about Clinton, what about Bush, what about….”

            YOU chose the time frame, and then YOU ran away from it.

            Twirl some more for us, Danny!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Run more Stan. I asked you to define the period. 1 year, 3 year, 5 years, I don’t care. Just pick one.

            Or keep running. Then we’ll just know your another Koch bot feeding Fox talking points.

          • StanW

            2007-2009, Danny. The time frame YOU picked. The time frame we are all discussing when you went back to Clinton.

            Is this too hard for you Princess?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            It’s too hard for you Stan, because you’re scared to lose your, change the time frames to suit your arguments defense.

            Pick a time frame Stan. Policies take immediate effect, policies take 3 years, policies take 15 years. I don’t care. But pick one and stick to it.

          • StanW

            You seem to think that you can start a debate, get slapped down, then change the rules. YOU do not get to dictate the debate.

            It is obvious from your whining and your hypocrisy that you cannot stick to the argument you started. You could have saved everyone some time by just staying, “I’m too much of a coward to finish what I started. if you need me, I’ll be over here inthe corner wetting my panties”

            Go away now Princess.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I’m trying to define the rules, so that you can’t try to change them mid debate.

            Of course, then you wouldn’t be able to debate.

            Keep running Stan.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I’m trying to define the rules, so that you can’t try to change them mid debate.

            Of course, then you wouldn’t be able to debate.

            Keep running Stan.

          • StanW

            You continue to whine and blame us because you could not abide by the time frame YOU established.

            No problem Danny. Once you go through puberty, you may return. Until then, RUN AWAY!

          • Anonymous

            As I said before, Danny, if you are such a brilliant economist, why aren’t you volunteering your talents to help the country? You should be writing books or hosting your own television show expounding on all of your genius level economic theories. Maybe an infomercial or something. We could be out of this mess in no time if you were as charitable as you claim to be.

            In truth though, you are just an annoying egotist. Please, shut the hell up.

          • Kingfisher

            Because I want you to pick a time frame and stick to it Stan.

            Why don’t you pick a time frame, Danny? That way we can show that you’re a liar once again because you’re blaming Bush for today’s mess.

            By the way, the Democrats controlled Congress, starting in 2007.

            Bonus question. Where does the Constitution mandate where all bills must originate?

          • http://www.patriotpost.com bthewolf

            Clinton cut taxes on all but the top 1.2% but he also CUT SPENDING, or at least Congress did for him and he was forced to go along!!!!!

          • Kingfisher

            More Right Wing Logic to the rescue!

            You ignored the question, fiza. Run away, little children.

            but Democratic policies are immediate, as long as there are no conflicting economic scenarios under those time frames.

            Then why are you blaming Bush? You should be blaming Clinton instead.

            PWNED!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Way to ignore the whole second paragraph.

          • Kingfisher

            Way to try to save yourself from your own cowardice!

            (PWNED) * 2

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You’re trying to make an argument by taking things out of context. Perhaps actually respond to things in context, then we’ll debate something.

          • Anonymous

            You’ve got the patent on that technique, Danny.

        • Kingfisher

          Unless you want to count Bush’s off the books rampant spending.

          Check the Constitution, danny brownnoser. Spending requires approval from Congress, it is interesting that you intentionally ignore that part.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Hey, what do you know, Republicans were in control of Congress throughout 6 of the 8 years of Bush’s presidency!

          • http://www.patriotpost.com bthewolf

            And what do you know Spending nearly doubled as soon as the Dems took over!!!!!!

          • Kingfisher

            I’ll use your own words:

            If jobs growth was so amazing, why was our economy hemorrhaging jobs in 2007, 2008, and 2009?

            The Democrats controlled Congress in 2007 so, in your OWN WORDS, they’re responsible for hemorrhaging jobs.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            So then by your logic, Bush was responsible for the 2001 recession, 9/11, the housing bubble, Reagan was responsible for the 1983 recession, black monday, and Clinton was responsible for high jobs growth and the technology boom?

            Got it, thanks.

        • http://www.patriotpost.com bthewolf

          Who cares about jobs growth when unemployment is at record lows, which was true through most of Bush’s terms. Unless you’re expecting zero unemployment, Bush couldn’t done more to grow jobs. and zero unemployment is not possible.

          “Unless you want to count Bush’s off the books rampant spending.”

          What spending was “off the books”, Congress approved every dollar spent, or don’t you know how the Fed budget works?

          • Anonymous

            Except that wasnt the case for Bush. In Jan 2005 unemployment was 5.2% hardly near historical lows, it went up from there, as a matter of fact unemployment rose during Bush’s time in office, when he came into office it was 4.2% when he left it was 7.6%. You were saying?

          • Kingfisher

            You’re right, whats_up. 5.2% unemployment is far worse than the 10+% unemployment we have right now.

            Since you blamed Bush, we’re blaming Obama.

            PWNED!

          • http://www.patriotpost.com bthewolf

            http://www.bls.gov/cps/prev_yrs.htm

            Liar!

            2001 4.7
            2002 5.8
            2003 6.0
            2004 5.5
            2005 5.1
            2006 4.6
            2007 4.6
            2008 5.8

            4.6% is as low as it gets and over his 8 years the highest annual was 6%

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning
          • http://www.patriotpost.com bthewolf

            The average was

            http://www.bls.gov/cps/prev_yrs.htm

            4.6% is as low as it gets and over his 8 years the highest annual was 6% You’re calling one month an average? Are you stupid Danny or just can’t read?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning
          • Anonymous

            Bush didnt do much to grow jobs, in eight years he only added 3 million jobs, thats it 3 mil. This during a time when the population increased and unemployment rose. As a matter of fact Bush the younger has the worst record on job creation since the figures started being kept in 1939.

          • http://www.patriotpost.com bthewolf

            http://economix.blogs.nytimes.com/2008/10/06/whos-left-out-of-us-job-reports/

            According to one government survey, the United States added 4.8 million jobs since the start of the Bush administration in January 2001. But wait. According to another government survey, the United States added 7.5 million jobs in the same period. Although job growth is anemic by either reckoning, the record is significantly worse if judged by the first survey.

            FAIL wu, FAIL!!!! More than 1.5 times more than you claim and that’s the LOW estimate.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            “Although job growth is anemic by either reckoning, the record is significantly worse if judged by the first survey.”

          • http://www.patriotpost.com bthewolf

            It’s still higher than WU claimed isn’t it Dippy, which was my whole point.

          • http://www.patriotpost.com bthewolf

            http://economix.blogs.nytimes.com/2008/10/06/whos-left-out-of-us-job-reports/

            According to one government survey, the United States added 4.8 million jobs since the start of the Bush administration in January 2001. But wait. According to another government survey, the United States added 7.5 million jobs in the same period. Although job growth is anemic by either reckoning, the record is significantly worse if judged by the first survey.

            FAIL wu, FAIL!!!! More than 1.5 times more than you claim and that’s the LOW estimate.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        The rampant spending occurred after our economy had started hemorrhaging jobs. Unless you want to count Bush’s off the books rampant spending. If jobs growth was so amazing, why was our economy hemorrhaging jobs in 2007, 2008, and 2009?

    • http://www.thepiratescove.us/ William_Teach

      Actually, job growth under low taxation was amazing. Even JFK thought so, when he dropped the rates.

      Right now, the problem is uncertainty. Business is not sure what the government is going to do to the tax rates, they aren’t quite sure what ObamaCare will do, and they have seen an anti-business environment from Obama and the Democrats. Temporary tax breaks do not incent business to start hiring and expanding.

      You watch, when the GOP takes over the House and starts pushing legislation to extend the 2001/2003 tax, repeal part or all of ObamaCare, and creating stable policy regarding business, the job market will turn around.

      What you Lefties do not get (and, you might as well admit you are a lefty) is that confiscation doesn’t create wealth and jobs: it just puts the money into the hands of those who will use it for payback. You leave as much money in the hands of the private sector, and allow it to flow through the economy. At that point, a good chunk ends up back to the government.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        “Actually, job growth under low taxation was amazing. Even JFK thought so, when he dropped the rates.”

        See Laffer curve. See demand side tax cuts vs supply side tax cuts.

        http://weiwentg.blogspot.com/2010/01/jfks-tax-cut.html
        http://hubpages.com/hub/Democrat_vs_Republican_Tax_Cuts_

        Yes, putting all this money back into the hands of the upper class has created such a great economy. If by a great economy, you mean the weakest jobs growth seen.

        • Anonymous

          The craptastic economy was caused by government bailout economics, government mandated risky loans, massive borrowing by the government, the 2007 minimum wage hike, hamstringing of our economy by government mandates, and upwards of 50% of all government spending being forcible wealth redistribution.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Please prove where the government mandated risky loans.

            (Hint: You can’t, CRA provisions specify maintaining loan standards)

          • Kingfisher

            Answer: The Federal Housing Enterprises Financial Safety and Soundness Act

            http://www.flipcongress2010.com/community-reinvestment-act.html

            Now run off and go fuck yourself, fiza.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            That isn’t CRA. That is a completely different act. It also doesn’t mandate risky loans. It merely says that Fannie/Freddie should have goals for serving urban areas. Buying risky loans was in opposition to CRA mandates, and was tolerated because everyone thought housing was going up, just like Wall Street.

          • Kingfisher

            Nice try, Danny but you lose again. This is applicable.

            Better quit while you’re ahead.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Just like Right Wingers say, people should be responsible.

            Fannie/Freddie should have said, as private companies with government mandates, we cannot meet those goals without compromising our standards on loans we purchased. However, since they were also tasked with making money for shareholders, they chose the profits of CDOs carrying subprimes over their mandate of lending only to credit worthy borrowers. Kind of like every other lender did as well. Which was then blessed by credit ratings agencies, and overlooked by regulatory agencies, since government regulations are evil.

          • Kingfisher

            The link I provided is evidence and you’re running away from it.`

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Evidence that they set goal targets? Yes.
            Evidence that they mandated reaching goal targets by lending to non-worthy borrowers? Nope.

          • Kingfisher

            Yup.

            You simply skipped over those parts.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Please link me to where it says if goal’s aren’t reached by lending to non-worthy borrowers, Freddie and Fannie will have their charter revoked.

          • Kingfisher

            Sure…once you provide links that prove your claims.

            I see no reason to do so when you provide one link and think that satisfies your obligation.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Running around in circles, dodging the question in the middle.

          • http://www.patriotpost.com bthewolf

            It wasn’t overlooked by regulatory agencies, because no agency had been given jurisdiction over CDOs!!!!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Hey look at that, a Wall Street product lacking oversight while Republicans control the government.

          • http://www.patriotpost.com bthewolf

            Hey look at that the product has NEVER been regulated and was actually first sold in 1968, and STILL isn’t regulated!!!!!

            Dippy not getting facts straight, EVAH!

          • http://www.patriotpost.com bthewolf

            Hey look at that the product has NEVER been regulated and was actually first sold in 1968, and STILL isn’t regulated!!!!!

            Dippy not getting facts straight, EVAH!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You can’t seriously be comparing the CDO market of the 2000′s to the 1968′s when they first originated.

            Regulating that would be like regulating the Pog trade.

          • http://www.patriotpost.com bthewolf

            FAIL

        • Kingfisher

          Yes, putting all this money back into the hands of the upper class has created such a great economy.

          “Putting” the money back into the hands of the upper class, Danny? Who is “putting” this money there?

          That statement alone proves that you don’t believe that capital is private property. If the government decides where money should be “put” then it has the power to control our economy.

          Your hatred of hard work and private property is noted. I hear that Cuba is a nice place to live, feel free to move there and let the government “put” your money wherever they wish.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I hear that China has lower tax rates and lower debt than us, but is the only country to do so.

          • Kingfisher

            You “hear” this about China? Why don’t you “research” the topic first?

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            I do, but my post on the subject has been deleted three times so far. Waiting for number four.

          • Kingfisher

            This one wasn’t deleted.

            Another lie.

        • http://www.patriotpost.com bthewolf

          Jobs growth is a meaningless comparison when unemployment is at record lows.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Clinton was 1% higher on unemployment at the lowest point in his term, yet he produced 10 trillion more jobs.

            Next excuse please.

          • Kingfisher

            No he didn’t.

            Next lie.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Mistake corrected. Feel free to refute the corrected numbers.

          • http://www.patriotpost.com bthewolf

            Clinton was forced to do the one thing Bush didn’t; CUT SPENDING, after lowering taxes for 98.8 percent of all taxpayers!!!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            So wait, he kept taxes the same (he didn’t lower them) on 95% of the population, and raised them on 5%, and the economy did well?

          • http://www.patriotpost.com bthewolf

            Uh he did lower taxes: In August 1993, Clinton signed the Omnibus Budget Reconciliation Act of 1993, which passed Congress without a Republican vote. It cut taxes for fifteen million low-income families, made tax cuts available to 90% of small businesses,[59] and raised taxes on the wealthiest 1.2% of taxpayers.[60] Additionally, through the implementation of spending restraints, it mandated the budget be balanced over a number of years.

            http://en.wikipedia.org/wiki/Bill_Clinton

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning
          • http://www.patriotpost.com bthewolf

            Thanks for proving my point dumbass, your chart proves that taxes were cut. As the lowest tier married filing jointly 1992 paid 15% on income up to 35.8K. In ’93 they stayed in the 15% bracket until they made more than 38K. That’s a cut from 1992 tax rates for all people earning more than 35.8K but less than 38K!!!!!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning
          • Anonymous

            “…yet he produced 10 trillion more jobs.”

            AAAAHAHAHAHAHA!!!!

            Yes, Danny, Clinton produced 1,667 jobs for every man, woman, and child on the planet. I’m telling you man, those ’90s were a bi**h. We spent the entire decade doing nothing but working. No sleeping, no eating, nothing but working. That’s how we were able to do those 1,667 jobs.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Haha, oops.

            Edited with correct numbers.

          • http://www.patriotpost.com bthewolf

            What was the average unemployment rate under Clintoon, Dippy, all 8 years? What was the average under Bush?

            “Clinton was 1% higher on unemployment at the lowest point in his term, yet he produced 10 trillion more jobs.”

            10 TRILLION!!!! Bwahhahahahahahahahaahha and I’m making excuses? You’re literally making shit up!!!

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Looks like 10 million to me.

          • Kingfisher

            Yeah, after you got caught in a lie.

            We don’t have to correct our statements.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Or I made a mistake? Guess that happens when you actually try to support your posts with something other than self-evident axioms and name calling.

          • Kingfisher

            Guess that happens when you actually try to support your posts with something other than self-evident axioms and name calling.

            Repeating your own lies isn’t support.

            Keep lying, though. You’ll be in the minority.

            With gridlock in Congress, the American people can move on with our lives.

          • http://www.patriotpost.com bthewolf

            Only after you edited it dufus, my quote was a direct copy and paste of your original post. But nice try.

        • Anonymous

          Danny,

          Your own first cite notes a few interesting things:

          * The top 12% of earners got 45% of the tax cuts.
          * The cut included dramatic reductions in top marginal rates.

          The latter cite merely argues, without support, that somehow or another all of this was “Keynesian”.

          So, I’ll tell you what, Danny, how about we cut marginal tax rates across the board (including the top marginal rate) and not worry about the distribution of the cuts. I’m sure most of us will be happy to let you call them “Keynesian” or “Democratic” to your heart’s content.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Because cutting across the board would produce more deficit without increasing demand significantly.

            If you had said cut taxes on the lower 60%, keep them the same for 60-95%, and raise taxes on 95%+, then you’d be on to the Keynesian cuts. Across the board cuts aren’t Keynesian, since the rate is low enough on the upper class that the entire cut isn’t going to demand.

          • Anonymous

            Yet the Kennedy tax cut you seem bound and determined to spin as Keynesian success story did exactly what you’re objecting to.

            A thing cannot simultaneously be and not be, Danny. either the policies the rest of us are advocating worked in the case of the Kennedy tax cut or the Kennedy tax cut didn’t work.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            See, there’s the black and white thing again. Bust out that golden hammer, put the square peg in the round hole.

            Why did the Kennedy tax cuts work? The upper rate was above the Laffer curve stifling supply. The lower rates were reduced increasing demand, mainly due to the child care credit providing increased deductions to lower/middle incomes.

            Why did the Bush tax cuts not work? The upper rate was below the Laffer curve, and there was sufficient capital available for investment. It also introduced a new lower tax rate of 15% for people making over $15,000, when previously the lowest rate was 28% on over $43,000, cutting demand.

            Kennedy positively affected both the supply and the demand side. Bush did nothing but try to make a whole bunch of supply in the hopes that demand would magically appear, while simultaneously cutting demand.

            Learn to analyze the individual situation, rather than just repeating “tax cuts create economic growth”.

          • Anonymous

            Danny,

            1. The Laffer curve is a discussion of government revenue, not economic growth. A lower level of government revenue can still result from increased economic growth.
            2. To talk about a rate as “above the curve” makes no sense. The curve itself reflects revenues at any given tax rate.
            3. Actually, this:
            http://www.unclefed.com/IRS-Forms/taxtables/2000_i1040trs.pdf
            indicates that you are full of it with regard to rates.
            4. Your claims only dodge my question. Kennedy’s tax cut was structurally not different from Bush’s. The bulk of the cut was simply not to low income earners. Hence, your claim to demand inspired growth under the Kennedy tax cuts is simply bizarre.
            5. Actually, tax cuts do create economic growth. The extent of such growth may be debatable, but it is directional and the direction is in favor of growth. That’s Econ 101.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            http://www.taxfoundation.org/publications/show/151.htmlAnd look at the Laffer curve again. Its primary goal is to maximize government revenue as compared to taxation rate. Too high, you lose revenue due to production stagnation, too low, you lose revenue.Kennedy’s tax cut was structurally different because of the previous rates in place, and the fact that it changes to the standard deduction and the child deduction.Tax cuts creating economic growth are Econ 101. Try graduating to Econ 102, where you’ll realize that there are diminishing returns on the tax cuts, especially compared to the long term cost of deficits produced by those tax cuts.

          • http://www.patriotpost.com bthewolf

            Deficits are the product of TWO factors, Tax rates and spending, they are dependent variables, deficits do not necessarily rise just because taxes are cut. Tax can produce record revenues as evidenced by the Bush tax cuts. If Bush hadn’t chosen to increase spending, but had held or lowered spending the Deficit would have remained the same or dropped. Possibly regaining the small Clinton surplus and being able to reduce the debt.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You might want to look up what it means to be a dependent variable.

          • http://www.patriotpost.com bthewolf

            There I fixed it. And you still haven’t proven that tax cuts cause deficit spending.

          • Anonymous

            Danny, and in what direction are returns diminishing? And the deficit’s reduction of growth will only exceed the tax cut’s stimulative effect if the resulting spreads to Treasuries exceeds the return on capital – a negative rate environment.

          • Kingfisher

            Learn to analyze the individual situation, rather than just repeating “tax cuts create economic growth”

            Because they do. Thank you for your admission.

    • http://www.thepiratescove.us/ William_Teach

      Actually, job growth under low taxation was amazing. Even JFK thought so, when he dropped the rates.

      Right now, the problem is uncertainty. Business is not sure what the government is going to do to the tax rates, they aren’t quite sure what ObamaCare will do, and they have seen an anti-business environment from Obama and the Democrats. Temporary tax breaks do not incent business to start hiring and expanding.

      You watch, when the GOP takes over the House and starts pushing legislation to extend the 2001/2003 tax, repeal part or all of ObamaCare, and creating stable policy regarding business, the job market will turn around.

      What you Lefties do not get (and, you might as well admit you are a lefty) is that confiscation doesn’t create wealth and jobs: it just puts the money into the hands of those who will use it for payback. You leave as much money in the hands of the private sector, and allow it to flow through the economy. At that point, a good chunk ends up back to the government.

    • Kingfisher

      So much so, that our effective total tax rate is about 24% of GDP, when countries with stronger economies than ours are at about 35% of GDP.

      Name one of those countries that is not suffering from heavy debt.

      (Crickets chirping)

  • Proud Infidel

    “Republicans believe every day is the fourth of July, while the democrats believe every day is April 15th.” – Ronald Reagan
    Here they were just two years ago so smugly looking down at us Conservatives, and now they can’t handle what they dished out!

  • Anonymous

    Professor 1 is right. The real rich in this country aren’t really discomforted by taxes because they benefit from all the loopholes and shelters that are written into the law by other rich people. The non-incorporated upper middle class and small business owners are the ones that really get taken to the cleaners when taxes go up.

    One of the main themes of the book “Rich Dad Poor Dad” is that the poor dad is a well-paid professor that sees huge amounts of his income eaten up by taxes…exactly what is mirrored in the article.

    And that’s just plain old income and FICA taxes. Every government mandate is also a tax in the form of inefficiencies and added costs which get added into the products and services you buy. Liberals are flat out lying when they cite marginal income tax rates as the final word in taxation. Add up Federal, FICA, state, local, fees, and the cost of mandates and it’s a staggering sum.

  • Kingfisher

    I have to give Danny Brownnoser some credit. He certainly has mastered cut-and-paste when he posts the typical leftist talking points.

    Too bad he doesn’t bother to learn how economics works but some people refuse to learn.

    • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

      Sorry, I didn’t attend the Austrian school.

      Some of us prefer numbers and analysis to self-evident axioms.

      • Kingfisher

        Some of us prefer numbers and analysis to self-evident axioms.

        For you, that will be the first time.

        • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

          You’ve posted all of how many sets of numbers supporting your conclusions?

          Oh right, zero.

          • Kingfisher

            Oh right, zero.

            Just like you.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            There’s one post with numbers in this discussion alone, along with supporting links, which have numbers as well.

            Nice try though, now run back to Mommy and learn to do some analysis.

          • Kingfisher

            Just like the link I provided showing that the government is the primary cause.

            Now run back to your mommies.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You mean the blog post on a commercial site with no supporting numbers?

  • Anonymous

    Everyone here seems to think that it is a punishment for achievement. Instead many fail to realize that it is top side socialism. The people who create jobs are also the largest users of the infrastructure and benefit the most from stable government and society as a whole. The issue is the rich then complain when they are asked to put up a greater share of the cost. In fact, they want everything for less while taking more out – or in other words they want a subsidy from everyone else. Sorry by it is socialist thinking -check out T. Roosevelt on taxing the rich.

    • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

      They’re so used to just having the infrastructure and feeling entitled to their gains they forget that someone sacrificed their own gains to build that infrastructure which afforded them their opportunities.

      • Kingfisher

        Another lie. The rich pay more for their own services than any other class.

        Unless you want to start claiming that the rich rely on SS and Medicare for their benefits. Go ahead, I dare you!

        • Anonymous

          I think you are all seeing it myopically. They have factories that need garbage collected, they have trucks that move goods on highways, they use power grids and plants, they use the courts and the patent system. Generally speaking the people who make the money tend to use the existing infrastructure and rely on stability more.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            They suffer from black and white tunnel vision around here. You get used to it after a while.

          • http://www.patriotpost.com bthewolf

            Pot meet kettle, Dippy.

          • http://www.patriotpost.com bthewolf

            Corporations don’t use public garbage removal, they contract with other private companies to do that. And they pay taxes to use those roads, supply that electric, and use the courts just like you do, both the corporations and the employees/executives do. They do not use those resources anymore than you do. Especially since you buy the goods they sell.

      • Kingfisher

        Another lie. The rich pay more for their own services than any other class.

        Unless you want to start claiming that the rich rely on SS and Medicare for their benefits. Go ahead, I dare you!

    • http://www.patriotpost.com bthewolf

      How do the rich use more of the resources and infrastructure?

    • Kingfisher

      The people who create jobs are also the largest users of the infrastructure and benefit the most from stable government and society as a whole.

      Nice try, Danny.

      The truth is, the rich do not use the largest portion of the infrastructure. From retirement benefits to basic services, the rich pay for more than than the average person.

      Learn the truth for a change.

      • Anonymous

        The truth is they do. The rich get the higher benefits form SS as it is based on pay in. The poor generally get more for what they pay in, but the rich get far more based on the rent they pay.

        • http://www.patriotpost.com bthewolf

          Uh you do know that If your retirement income is high enough you’re not eligible to receive benefits, and that the deduction for SS taxes is capped at income UNDER 92K? So no the rich don’t get as much you think.

        • http://www.patriotpost.com bthewolf

          Uh you do know that If your retirement income is high enough you’re not eligible to receive benefits, and that the deduction for SS taxes is capped at income UNDER 92K? So no the rich don’t get as much you think.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        “muffler 2 hours ago”

        Reading is tough.

        Infrastructure != retirement.

        Infrastructure being roads, power, railways, airports, financial system, communication system, etc. Are you telling me that the rich, in a 5000 sq.ft. home, don’t use more power than a poor person living in a 700 sq ft apartment? That the business they own and make a living on isn’t dependent on the transportation system, communication system, financial system?

        • http://www.patriotpost.com bthewolf

          electricity |= Roads since it’s a per unit cost and everyone pays the same per unit cost.

          Corporations |= People and they pay separate taxes, including fuel taxes weight taxes and licencing for all vehicles.

    • Kingfisher

      The people who create jobs are also the largest users of the infrastructure and benefit the most from stable government and society as a whole.

      Nice try, Danny.

      The truth is, the rich do not use the largest portion of the infrastructure. From retirement benefits to basic services, the rich pay for more than than the average person.

      Learn the truth for a change.

  • http://pulse.yahoo.com/_AQN7E5DRRYEHJBAEBZ7AYVNTHU FerryM

    “I have a good idea for who can dig a little deeper: the government. They can stop spending so darned much, pare back, live within their means. “

    • http://www.patriotpost.com bthewolf

      Over 60% of the budget is Social Welfare: SSA, Medicare, and basic welfare, and they can all go bye bye fast or slow they just need to go.

    • Anonymous

      “Are you willing to cut those?”Yes.I would favor 100% cuts for programs that are unessential: funding for the arts, foreign aid, UN dues, some research funding, etc. I would favor across the board cuts in personnel and reductions in public sector salaries down to a more realistic level (they are currently earning about twice an equivalent private sector worker, and we all know it’s not because they work twice as hard). Fewer workers being paid a fair rate will cut expenses tremendously and if down properly will not affect services.And of course I’m willing to listen to any resonable proposal for cutting back spending in SS, medicare/caid, defense and as always pervasive government waste.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        Hard part is getting senior citizens to buy into cuts. And people that are in their 40′s and 50′s that have paid into it all their life. No point talking about cuts until you figure out how to get them to buy into it.

        • Anonymous

          They won’t.No one will accept any cuts to their piece of the pie.So we continue to sell more and more of our future to the Chinese until ultimately the entire ponzi scheme collapses and whoever is left gets to pick up the pieces (after eating the remaining politicians, they will be well fed and tender). And thus we on the right are proved correct about the degenerative nature of socialism: once you start giving people handouts they become dependent, they will fight you to the death to keep them and the tendency will always be to get more and more people on the dole, who will then fight to keep their new benefits and make it even more difficult to fix the problem, and so on and so on. It can only end with collapse. The time to fix it would have been about 80 years ago. Now it’s probably too late.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            And that’s why I advocate tax increases over spending cuts. We’re not going to get spending cuts through, so we need to cover the deficit, unless we want to have it all collapse. With time, we can transition people to alternative retirement or health care plans, while attempting to trim what else we can.

            Between tax increases, reform, and small spending cuts, we might salvage the whole thing.

          • Anonymous

            Even if we could significantly raise revenues despite a failing economy and aging population it would at best delay the collapse rather than prevent it.

            The socialist system we’ve built up is the problem. Properly funding it is merely one offshoot of that.

            Increasing revenue to cover our unsustainable social welfare network amounts to taking up jogging to deal with your lung cancer. Yeah it’s a good idea in general but it won’t address the root issue.

  • Anonymous

    The fact is since WW2 job creation has been better under Dem Presidents than under Republican ones. Carter added 10.5 million jobs in his four years as President, what was Bush the youngers number? 3 million in eight years, great job there. How about his dad, certainly it must be better, nope only 2.5 million, although that is for a four year period so over eight it would have been 5 million. Not even close to the one term of Carter. Now lets talk Clinton, during his time in office he created 23.1 million jobs. Only one Republican President created more than 10 mil jobs while in office that was Reagan, three different Dem presidents reached this mark, Lyndon Johnson, Carter and Clinton. Numbers dont lie, job creation is greater under Dem presidents than it is under Republican ones. Why do you think that is?

    • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

      Because under Republicans, policy changes take 8 years to occur, so that all the Democratic job growth was immediate. However, under Democrats, policy changes are immediate, which is why the recession began. Except using that logic, they’re both to blame for job growth and recessions!

    • Anonymous

      So if presidential policies can add that many new jobs within their 4 years in office then why are democrats saying that Obama needs more time and that his ‘fixes’ will take many more years if not decades to succeed?

      It seems like when the economy succeeds under a democrat their policies starting working immediately. When it fails under a democrat but succeeds later under a republican it’s because the dems policies worked but couldn’t be expected to take affect immediately.

      Odd that no matter the outcome your explanation is the same: dems did it.

      So I take it the crash at the end of Clintons 2nd term was due to long term affects of the GHWB administration, whereas the economic boom prior to that was due to the immediate effects of Clintons policies?

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        It’s the same thing I’ve been railing about in the rest of this thread Smithwick. Pick a time frame. I think it takes about 5 years, so you can’t attribute Carter’s job creation to his policies. You can attribute Clinton’s job creation to his policies, while the recession for Bush can be attributed to policies of the Republican Congress in 1996. Carter’s bad policies led to Reagan’s recession, while Bush Sr. produced Clinton’s starting low unemployment.

        • http://www.thepiratescove.us/ William_Teach

          Gotta love Danny’s narrow POV. Everything a Republican does=bad. Everything a Dem does=good.

        • http://www.thepiratescove.us/ William_Teach

          Gotta love Danny’s narrow POV. Everything a Republican does=bad. Everything a Dem does=good.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Gotta love a parrot that can’t pick a time frame.

            Notice the part where I say Carter (who was a Democrat) produced Reagan’s recession?

            Nice narrow POV there parrot.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Gotta love a parrot that can’t pick a time frame.

            Notice the part where I say Carter (who was a Democrat) produced Reagan’s recession?

            Nice narrow POV there parrot.

        • Anonymous

          So a republican congress with democrat president in 1996 is to blame for the bad economy in 2000.

          I wonder, in 2006 we had a republican president and democrat congress. Does that mean the democrats are to blame for the 2010 recession?

          Do remember to stretch before you furiously backpeddle.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            In 2006 we had a Republican president and a Republican Congress.

            2006 election means they take office in 2007.

          • Anonymous

            Ok, so in 2007 the dems took control of congress. No disagreements there?

            So that’s 3 years they’ve had control. According to your buddy democrats can get immediate reductions in unemployment once they have power.

            So what’s up?

          • Anonymous

            The economy was doing well until Jan 2007. Danny doesn’t like that.

    • Anonymous

      http://simple.wikipedia.org/wiki/File:Us_unemployment_rates_1950_2005.pngThis chart tells a more accurate story. In most cases, unemployment was skyrocketing as a Republican was entering office, and plummeting as a Democrat was entering office. Looks to me like the Republican was voted in because the Democrat was wrecking the economy, and Democrats were elected when voters thought we could start blowing money on Democrat policies…leading to another recession. The only time that trend is contradicted is after JFK…who was a Democrat that cut taxes and was pro-capitalism (and promptly got shot). But at this point I could live with another Democrat. Obama is a Socialist and has given us the first net job loss since the Great Depression.

      • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

        I’m not seeing that baoxian. If that was the case, the curve should begin bending up at the end of the Democratic term. You could definitely argue that for Carter (who everyone agrees had horrible policies), and possibly at the end of Clinton’s term, but the country did actually vote in a Democrat again (majority vote elected Gore), and had been under a Republican Congress for many years.

        The Bush Sr. presidency is in direct contradiction to what you had discussed. Reagan had seen unemployment reduced during his term, and that unemployment gain was nearly erased during Bush Sr.

        Johnson’s presidency is another contradiction. Unemployment was flat until a Republican took office.

        • http://www.patriotpost.com bthewolf

          Well then maybe there’s more to unemployment and job creation than tax rates!!!!

          Clinton cut small business taxes and during his admin jobs were created at an incredible rate. Maybe this has more to do with it:
          http://www.infozine.com/news/stories/op/storiesView/sid/42152/

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            You’re arguing against linking unemployment to tax rates, but then say cutting small business taxes produces employment?I usually focus on personal tax rates, since the main excuse used for not increasing personal income tax rates is that it will hurt small businesses. As you point out though, most businesses have their own tax rate, and benefit from corporate incentives, so raising personal income tax rates on high earners shouldn’t have an impact on small businesses.

          • http://www.patriotpost.com bthewolf

            Without knowing specifically how many businesses are subject to corporate vs personal incomes taxes makes either argument mute.

            So why tax any person or entity that might create jobs? Which is the whole point. Unless you can prove that people over the 250K limit don’t create jobs why would you risk raising their taxes?

          • http://www.patriotpost.com bthewolf

            Without knowing specifically how many businesses are subject to corporate vs personal incomes taxes makes either argument mute.

            So why tax any person or entity that might create jobs? Which is the whole point. Unless you can prove that people over the 250K limit don’t create jobs why would you risk raising their taxes?

      • Anonymous

        What utter nonesense, cant you even tell the truth. For example lets look at Clinton and Carter. When Clinton enters office unemployment is at just under 8% and it drops EVERY year Clinton is in office, every year. With Carter when he takes office unemployment is at just under 8%, again for his first two years it drops, then rises slightly his third year while jumping in his fourth. Doesnt sound to me like your argument holds much water. During Lyndon Johnsons tenure, unemployment dropped every year he was in office. In 63 when he came in it was at just under 6% and dropped every year he was in office to finish under 4% in 1969. What this chart shows very clearly is that during Democratic Presidents unemployment tends to drop, during Republican Presidents it tends to rise, why do think that is? As a side note, there is not once instance since 1950 where a Republican president has left a lower unemployment rate to his predecessor than when he gained office, not once. While the opposite is true for Democrats with the exception of Carter, interesting isnt it.

        • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

          It’s not about lying. It’s about viewing data differently. I look at that graph in respect to economic policies, and changes in graph behavior when those policies take place.

          When Kennedy cut taxes, you see the curve start to steepen, indicating that the previous trend was changed. The Reagan tax cuts actually cause the curve to bend the other way. Interestingly enough, the curve steepens again once Democrats gain control of house and senate. Clinton tax increases come into effect, the curve changes shape again, reducing unemployment.

          All of this though assumes immediate effect. If you look at 5 years from enactment, you see Kennedy tax cuts causing unemployment rate to level off, Reagan tax cuts causing unemployment to rise, and Clinton tax increases continuing to reduce unemployment.

          All a matter of perspective, and the time frame you assign to economy changes based on policy.

          • Anonymous

            Tax cuts do have a more immediate effect (maybe out to a year) because they mean more money in people’s pockets. They use that money to buy stuff or pay down debt, which means businesses can hire more people. Other policies typically take longer to ripple through the economy, like mandates, trade deals, and wealth redistribution schemes.

            The dips in unemployment almost universally correspond to tax cuts. JFK in 1964 (signed by Johnson)
            Ford in 1975
            Reagan in 1981
            Bush in 2003

            LBJ raised taxes in 1968, Bush raised taxes in 1990 and recessions followed immediately

            The anomalies are the Carter economy, which was in large part due to inflation by government spending, and the Clinton economy. Clinton raised taxes, but also allowed welfare reform and brought spending under control (the period of extended peace helped too).

            The overall lesson? Low spending and low taxes is the best recipe for economic growth, which is what conservatives have been saying all along.

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            First thing is the years fall between the graph lines, in line with the data points.

            LBJ’s surcharged expired midway through 1969. Why do we not see an immediate return to pre-1968 levels? Upon expiring, we see unemployment actually begin to climb.

            1964, unemployment was already declining. Would it have been more or less without the taxes? I think less, but I think how it was enacted was the best example of how and when to enact a tax cut.

            Ford’s cuts didn’t take place till 77, and weren’t cuts so much as an adjustment for inflation. Same rates, just different cut offs. There was also such discretization, that almost everyone was paying taxes. Same thing as with Kennedy, by then, the unemployment rate was declining.

            We actually see unemployment dip then spike following Reagan’s tax cuts.

            For Bush, we see unemployment increase in 2001, and decrease in 2003.

            Overall, you can’t say that tax cuts are always good, or always bad. You have to evaluate them in terms of how the economy is doing, how much capital is available for investment, and where consumer demand is. Right now, I would advocate cutting taxes for most Americans (<95%), keeping them the same for a portion (95-97.5), and significantly raising them for the rest (97.5+), because we currently have excess capital and low demand.

          • http://www.patriotpost.com bthewolf

            Well if you’re looking at a five year effect how did Reagan’s cuts raise unemployment, those would the result of Carter Policies!!!! Reagan’s cuts took effect in 1981 and unemployment spiked in ’82. 82-5 is 81 HOW??

          • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

            Look at how tax rates changed in 1987. Then see the spike in 1992. 87+5 = 92.

            I think he had three or four changes to the tax code in his presidency.

          • http://www.patriotpost.com bthewolf

            You din’t specify that originally. But either way 5 years is too long, most of the impact is seen in the first two years or less, some residual can be seen as far out as 4 years. But most take effect pretty quick, watch what happens when Congress finally does something about the Bush cuts expiring: If they do nothing before the end of the year, expect the economy to take a hit for at least the next 3 months. If they extend or make them permanent, growth and confidence will start to rise over the same time frame.

          • http://www.patriotpost.com bthewolf

            Well if you’re looking at a five year effect how did Reagan’s cuts raise unemployment, those would the result of Carter Policies!!!! Reagan’s cuts took effect in 1981 and unemployment spiked in ’82. 82-5 is 81 HOW??

        • Anonymous

          Interesting, so every single year clinton was in office and the first 2 of Carters reign the unemployment rate dropped. And you attribute this to the brilliance of democrat policies right?So if it is possible to have such a dramatic impact in the first 2 years of being in office how do you explain Obamas abysmal economy? He could have fixed it in the first year according to your argument. All he needed to do was wave his magical keynesian wand and everything starts getting better immediately. How come he didn’t? Does he hate us? Is he punishing America? Or is the president unable to get economic results that quickly? Of course if thats the case then you have to take away the credit you’ve given to carter for his first two years and at least some of the credit you’ve given to clinton and LBJ. And of course you can’t do that. Quite a bind you’ve put yourself in. Either Obama is a failure or you have to ignore most of your previous anecdotes in favor of leftwing economic policy.

        • Anonymous

          Interesting, so every single year clinton was in office and the first 2 of Carters reign the unemployment rate dropped. And you attribute this to the brilliance of democrat policies right?So if it is possible to have such a dramatic impact in the first 2 years of being in office how do you explain Obamas abysmal economy? He could have fixed it in the first year according to your argument. All he needed to do was wave his magical keynesian wand and everything starts getting better immediately. How come he didn’t? Does he hate us? Is he punishing America? Or is the president unable to get economic results that quickly? Of course if thats the case then you have to take away the credit you’ve given to carter for his first two years and at least some of the credit you’ve given to clinton and LBJ. And of course you can’t do that. Quite a bind you’ve put yourself in. Either Obama is a failure or you have to ignore most of your previous anecdotes in favor of leftwing economic policy.

        • Anonymous

          please don’t say the word truth in any of your posts. David Duke. Bush. 2004. It all proves you are a liar.

        • http://www.wordaroundthenet.com Christopher Taylor

          Take a look at the facts, buddy, Baoxian is right.

    • http://www.wordaroundthenet.com Christopher Taylor

      Correspondance taken as Correlation, typical leftist mistake.

    • Anonymous

      The fact is since WW2 job creation has been better under Dem Presidents than under Republican ones.

      A completely and utterly meaningless statement. It says nothing about why job creation has been good under some Presidents and bad under others. It’s a classic cum hoc ergo propter hoc fallacy.

  • http://www.facebook.com/people/Danny-Browning/1666222445 Danny Browning

    Looks like 10 million to me.

    • Anonymous

      Nixon sees your posting ability hasn’t improved lately.

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