By design....Republican tax cuts will hurt Americans. And Democrats will pay the price

And still was when Bush the Lesser "won" the White House...and yet the surplus disappeared.

 

****ing prove it. She me a tax bill where they made a correct prediction.

 

I know they did, and the economy was great.

 

Were you alive then?

Were you an adult?

 

Were you?

It was the longest streak of +3% growth ever recorded.

 

Yeah, sadly that did happen. And so did a recession, and 9/11 and then when the spending continued to get out of control, we created the Tea Party. Yes, that happened on George Bush's watch.

 

Yes. I was an Airman.

 

Absolutely ridiculous. Anyone who would believe this drivel has absolutely zero knowledge of economics, economic history, and economic incentives.

The last paragraph in the post above is hilarious.

 

The CBO and JTC inexplicably use a closed model. If a global model is used and a more realistic dynamic model is used this tax reform will reduce the national debt by $1T in 10 years (Tax Foundation). What really blew the debt up is the 1% productivity growth of Obamanomics.

 

Since you arent affected by them, why do you care?

 

And the CBO's huge prediction of revenues from Obama's 2013 tax increase that never occurred. Congress spent the money before they had it based on the CBO's bogus prediction.

 

Funny how that works - the CBO's projections of tax rate reductions are always low and the projections of tax rate increases are always high. You think they (or the people who hang their hats on these projections) would realize that.

 

Everyone talks tax cuts but seldom address the spending problems (Santa) we have. Both parties suck when it comes to any solution but will say Progs have perfected the Santa syndrome and Republicans are not far behind.

We have a spending problem not just in total dollars but priority.

 

So Bill Clinton, is who approved the legislation, and is responsible for the surplus. Thank you.

 

I don't know if I agree with the notion of this. It sounds like someone trying to rationalize 3D chess.

I think republicans believe in their ideology, that tax cuts will lead to growth. I don't doubt their beliefs, but I doubt the effectiveness of the tax cuts to spur growth.

I do believe republicans are paying back their donors. All parties do.

I think these things because they are simple and logical.

What's harder to believe is that republicans would cut their own throats to execute a long term strategy such as this. Here's why. Nothing they did was permanent. If anything, they just handed the democrats a great weapon to reverse much of the tax cuts on the wealthy and businesses. By increasing the debt and benefiting the rich, the dems can come in and take the mantle of being fiscal hawks by passing new legislation altering taxes yet again. And those alterations will be raising taxes on the rich and corporations. They would probably also restore some if not all of SALT and make the individual tax portions permanent, for example.

And I think the republicans are expecting that if they lose in 2018 and 2020. I think McConnell is going for broke because he's probably not running again after his next term. Ryan may have moved on to something better as well by then. So the current leadership isn't worried about tomorrow. And it seems the new Washington model is don't compromise when you have all the power, push as hard as you can when you have it with the knowledge that the other party will do the same once they have power. It's less stability to achieve a similar result.

 

That is the "triumph of politics". Legislators are more interested in reelection than the good of the country. But it is far better to have an economy growing at 4% than at 2%. For one there are more people employed and it's easier to make smaller cuts than large ones.

 

Supply side policies which reduce the gov imposed costs of production coupled with tax rate cuts (which is actually Keynesian) have clearly led to high rates of economic growth.

That which is permitted by Senate rules to be permanent has been made permanent.

 

They travel on the same roads and bridges, drink the same water, use the same fire department. Pony up baby

 

Cuz they want **** that someone else pays for?

 

Stop grubbing other people's money

 

Which quite simply means that tax cuts NEVER amount to much of anything for the middle class and poor. They always make the rich richer...they never pay for themselves, they always add to the debt, and they always give Republicans a "reason" to then slash programs like Social Security or education assistance or Medicare that actually DO help the middle class and poor.

I've been watching this play out for my entire life. It never changes

 

No, Bill Clinton didn't want to balance the budget for 10 years.

 

That’s absurd. The best way to help the lower income quintiles is to grow the economy at 4% which is what supply side economics does.

Your mistake is assuming that gov can help. Gov makes it worse.

 

Supply side economics (AKA Voodoo Economics) has been an abject failure every time it has been tried. And every chance Republicans get they keep trying it...because it makes the rich richer and taking care of their donors is what the GOP is about

4% growth?

Dream much?

 

No dream - reality.

Your comments on supply side economics are comical.