Liberals are really gonna hate this.

[Siete]

there's a reason it's called the laffer curve

in an effort to be more honest, they considered calling it the giggle curve.

should have been called the idiot curve.

 

[RWNJ]

there's a reason it's called the laffer curve

in an effort to be more honest, they considered calling it the giggle curve.

should have been called the idiot curve.

Says the idiot.

 

[del]

Says the idiot.

so you agree

 

[rshermn]

cons insist that lower taxes grow the economy and lead to higher govt revenue in the face of pervasive and repeated evidence they don't

see also: brownbackistan aka kansas

And they almost never have.

You have it correct. Absolutely. It takes a while, but cutting taxes to the wealthy always causes an economy problems. First, revenue to the government is decreased creating larger deficits. Then, since deficits are creating greater national debt, large numbers of people loose their jobs as costs are cut. And greater national debt occurs as revenue is again decreased since people do not pay taxes when they do not work. And on and on.
Take Ronald Reagan. The tax cut of 1981 resulted in exactly those things. The UE rate went for 7.3% TO 10.8%, Tax revenues decreased, the national debt tripled, and Reagan spent more than all presidents for him combined. By 11/1982 we had the second largest depression in US history, with a 10.8% Unemployment rate.

there's a reason it's called the laffer curve

in an effort to be more honest, they considered calling it the giggle curve.

should have been called the idiot curve.

Says the idiot.

I have notthing against the idiot curve. Except it never, ever workes

 

[Bootney Lee Farnsworth]

And just who was responsible for that spending? Recall that all spending is authorized by the House of Representatives. Who had control of the House at the time? It was the Democrats. Also, I can't remember if happened under Reagan, or one of the Bushes. I believe it was Bush. Congress promised to cut spending if Bush would raise taxes. He raised taxes, but Congress broke their promise and went on a spending spree. Face it. Every economic woe we suffer from is a result of the Democrats.

Reagan failed in his duty to be a check and balance to the spendthrift congress. And, the trillions racked up during Obama were mostly passed first by a GOP-majority congress.

It is not just the commie Democrats. The dog shit GOP is also responsible.

 

[eddiew37]

Fine we'll cut all the welfare for you worthless freeloaders to pay for the tax cut, happy now?

better leave all those red states alone blues ,,,they'll get angry and won't accept any more blue states money

 

[bripat9643]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The laws of economics don't change, moron.

 

[frigidweirdo]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

CHERRY PICKING ALERT!!!!!

Tax cuts can lead to periods of growth. That isn't the whole story though.

The first example is tax cuts in the 1920s.

Hmm... let me see, 1920s... what happened in the 1920s? Oh, yeah, the Wall Street Crash happened in 1929.

Funny how the article cuts off the time of success at 1928, huh?

Kennedy's tax cuts, what happened? Well the article gives 1968 as the cut off point for success. Unemployment rates started to rise, from 3.4% on Jan 1st 1969 going to 5.8% three years later, 8.1% 6 years later.

Reagan tax cuts. Didn't the people fire Bush snr? The last president to lose a presidential election because of unemployment and the like?

Funny how they missed Bush W.'s tax cuts that helped the second largest recession in the US's history.


It's also interesting if you look at China. China is trying to stifle growth so that it doesn't lead to a boom and bust economy.

The US has presidents looking to be re-elected.

Every post war Republican president, except Reagan, has seen unemployment HIGHER when they left office than when they came into office.

Every post war Democratic president, except Carter, has seen unemployment LOWER when they left office than when they came into office, Carter's was the same level.

 

[frigidweirdo]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

The heritage foundation from 15 years ago.

Desperate much


Sent from my iPhone using USMessageBoard.com

tac cuts with a booming economy?/ A good thing ?? Only in repub world

Booming economy? Where did you get that Idea? It's better since Trump took over, but It's hardly booming. When we get above an annual GDP growth of three percent, you may correctly apply that term to the economy.

Better based on the law of gravity. If a hot air balloon is going up, it'll keep going up until it starts falling. Trump took over while it was going up, and he's taking credit for something he didn't do.

 

[Siete]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The laws of economics don't change, moron.

no the laws dont change, and thats exactly why trickle down has failed fro the last 50 years .. you idiot.

 

[BluesLegend]

Fine we'll cut all the welfare for you worthless freeloaders to pay for the tax cut, happy now?

better leave all those red states alone blues ,,,they'll get angry and won't accept any more blue states money

Plenty of worthless mooching deadbeat Dem's living in red states Eddie.

 

[Paulie]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The president doesn't raise rates, and furthermore the people who do raise the rates do so independently of any president

 

[Harpy Eagle]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The president doesn't raise rates, and furthermore the people who do raise the rates do so independently of any president

I think she was speaking of tax rates


Sent from my iPhone using USMessageBoard.com

 

[Paulie]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The president doesn't raise rates, and furthermore the people who do raise the rates do so independently of any president

I think she was speaking of tax rates


Sent from my iPhone using USMessageBoard.com

Technically the point still stands

 

[jasonnfree]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

Tax cuts good, according to the heritage foundation. Surprise surprise. Cutting taxes for multi billionaires will really help the middle class, no matter what has to be cut in the future, even health care and social security.

 

[bripat9643]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The laws of economics don't change, moron.

no the laws dont change, and thats exactly why trickle down has failed fro the last 50 years .. you idiot.

"Trickle down" is just the left wing perjorative meaning "the market economy." It's been working for 200 years. If you claim the market doesn't work, you're a marxist. If there is one thing we know doesn't work, it's Marxism/socialism.

 

[jillian]

But then, they have always hated the truth. It gets in the way of their favorite hobby. Destroying America.

Why else would they be opposed to tax cuts? Here is the historical truth about the effects of tax cuts on the economy.

Read it and weep, liberal snowflakes.

The Historical Lessons of Lower Tax Rates

The heritage foundation from 15 years ago.

Desperate much


Sent from my iPhone using USMessageBoard.com

tac cuts with a booming economy?/ A good thing ?? Only in repub world

and the plutocrats know its bad. they don't care because it gives them a limitless supply of cheap labor. what is bizarre is that they have the rubes convinced to vote against their own economic interest because.... G-d, guns and gays.

 

[jillian]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The president doesn't raise rates, and furthermore the people who do raise the rates do so independently of any president

cause he chose Steve Mnuchin because he was an economist?

 

[eddiew37]

Fine we'll cut all the welfare for you worthless freeloaders to pay for the tax cut, happy now?

better leave all those red states alone blues ,,,they'll get angry and won't accept any more blue states money

Plenty of worthless mooching deadbeat Dem's living in red states Eddie.

not enough to turn them blue Bet we even have quite a few repub moochers in blue states too BUT the point was red states are the takers and blue the givers and frankly between you and I I think that's BS

 

[Paulie]

Really the heritage foundation.

The economy has changed since Reagan, and also he left triple the debt, and Bush Sr had to raise rates and also Clinton.

The president doesn't raise rates, and furthermore the people who do raise the rates do so independently of any president

cause he chose Steve Mnuchin because he was an economist?

What does that have to do with anything? I thought that pick sucked anyway