tag:blogger.com,1999:blog-6194583.post3139265724873998520..comments2024-03-18T16:42:05.148-05:00Comments on WataugaWatch: Burps from the GOP General AssemblyJ.W. Williamsonhttp://www.blogger.com/profile/17694324792688711136noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-6194583.post-92158626226734617182011-01-31T14:31:43.678-05:002011-01-31T14:31:43.678-05:00Progressive spending programs? Like Iraq and Afgha...Progressive spending programs? Like Iraq and Afghanistan.Brushfirenoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-22234269298625176702011-01-31T08:18:41.330-05:002011-01-31T08:18:41.330-05:00Bush caused the problems with his "progressiv...Bush caused the problems with his "progressive" spending programs that were more than the amount of revenue that was taken in, even though that revenue increase.<br /><br />I made this point in a censored post so this one will probably get censored too.williamson loves one sided argumentsnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-78240953916065651142011-01-30T18:50:02.810-05:002011-01-30T18:50:02.810-05:00Whining - High marginal tax rates during the 50...Whining - High marginal tax rates during the 50's correlated with economic growth and jobs. Low tax rates during the 2000's correlated with essentially no economic growth for the middle classes and terrible job creation rate. See the<a href="http://www.slate.com/id/2245781/" rel="nofollow"> graph</a> in the middle of this article.<br />And are you saying that Bush did NOT cause the meltdown? How do you explain it, then? Remember we had a budget surplus when Bush took office.Brushfirenoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-36589059669683861662011-01-30T17:50:42.717-05:002011-01-30T17:50:42.717-05:00A Harvard study by Silvia Ardagna and Albert Alesi...A Harvard study by Silvia Ardagna and Albert Alesina of 21 nations examine 91 episodes of government intervention to stimulate the economy. Increases of taxes and government spending failed while tax cuts resulted in an average of $3 increase in GDP for each dollar of reduced tax. You can read about this in the archives of The New York Times.do the researchnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-13245523575539668392011-01-30T08:53:55.538-05:002011-01-30T08:53:55.538-05:00brushfire - so the financial system meltdown is Bu...brushfire - so the financial system meltdown is Bush's fault? You are living in leftist fantasy land and obviously refuse to even try to understand all the players involved - including barney frank and his merry band of idiots. Yes, the tax cuts the Bush introduced were a good start, the spending was not. Cutting taxes does not discourage businesses from investing - I am not sure from what planet you got this information. There are other factors involved to keep businesses from investing, but cutting taxes is NOT one of them.stop the whiningnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-80371174913769507682011-01-29T21:03:58.758-05:002011-01-29T21:03:58.758-05:00STW - George Bush took over a nation that was oper...STW - George Bush took over a nation that was operating in the black and erased all the gains of the Clinton administration, ended up doubling the deficit and bringing the whole financial system to the brink of collapse. Surely you are not suggesting we use his economic philosophy as a guide?Brushfirenoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-6548775520771729992011-01-29T18:53:40.078-05:002011-01-29T18:53:40.078-05:00Actually cutting taxes discourages businesses from...Actually cutting taxes discourages businesses from investing and encourages them to take profits as income. When the tax rate is higher for high earners, businesses tend to invest their profits so they can write off the income. Eonomic growth in the 50's and 60's was fueled by a tax rate of 90% and government investment in infrastructure and research. In the long run this benefited everyone.Brushfirenoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-72501683857546937342011-01-29T18:29:26.140-05:002011-01-29T18:29:26.140-05:00Anne, Bushes tax cuts worked. They increased reve...Anne, Bushes tax cuts worked. They increased revenue. Unfortunately his "progressive" spending overcame these monies. Do some research.here's a hankynoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-12824733729519705892011-01-29T10:46:39.427-05:002011-01-29T10:46:39.427-05:00Anne - It DID work when Bush was in office!!!!! Ta...Anne - It DID work when Bush was in office!!!!! Tax revenues grew at a faster rate than the economy during the Bush years, particularly the early ones. Of course, if you keep listening to Maddow and reading HuffPo you'll never hear or read anything but leftist propaganda that will say otherwise. Try reading the CBO reports.stop the whiningnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-71983211540037135922011-01-28T15:37:38.785-05:002011-01-28T15:37:38.785-05:00you lost stop crying
You should change your name ...you lost stop crying<br /><br />You should change your name to "you have lost your mind"<br /><br />How is saving a couple of pennies on sales tax going to stimulate anything. As for the other on higher income earners. Haven't you figured out that trickle down economics does not work. It never did when Reagan tried it.<br /><br />I'm all for cutting waste, but let me tell you that there is not a lot left in the k-12 system.really????noreply@blogger.comtag:blogger.com,1999:blog-6194583.post-40831609073163475072011-01-28T15:23:04.432-05:002011-01-28T15:23:04.432-05:00If "Cutting taxes will increase revenue as sm...If "Cutting taxes will increase revenue as small businesses can INVEST the money to retool and hire more people" is true, then please explain why this theory didn't work when Bush was in office. We've been testing this theory for 10 years now, and it hasn't worked.<br /><br />Republicans today announced they are looking at changing Medicare so that Seniors will get a voucher to buy private insurance and so that one is not eligible for even that until age 69.<br /><br />This is what happens when Republicans are elected. The people have no one to blame but themselves.Annenoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-58969845752262606492011-01-28T12:27:25.746-05:002011-01-28T12:27:25.746-05:00Getting rid of the odious health care bill will he...Getting rid of the odious health care bill will help provide jobs and better health care.<br /><br />Cutting taxes will increase revenue as small businesses can INVEST the money to retool and hire more people. Of Course consumer confidnece will have to return. That can happen by cutting government waste, spending, and over regulation.you lost stop cryingnoreply@blogger.comtag:blogger.com,1999:blog-6194583.post-45532155945686949802011-01-28T11:17:16.232-05:002011-01-28T11:17:16.232-05:00So, J.W., which part of this is a surprise? The p...So, J.W., which part of this is a surprise? The people of this state elected a pack of bought and paid for duffuses. If they do anything but for the rich whose money paid for the LIES that put them into office, then you can be surprised.Olivernoreply@blogger.com