The greatest story never told.

Discussion in 'Economy' started by Bonnie, Aug 22, 2006.

  1. Bonnie
    Offline

    Bonnie Senior Member

    Joined:
    Jun 30, 2004
    Messages:
    9,476
    Thanks Received:
    668
    Trophy Points:
    48
    Location:
    Wherever
    Ratings:
    +669
    On the Low-Tax Economy, Bush Has the Story Right
    It’s still the greatest story never told.

    By Larry Kudlow

    http://author.nationalreview.com/latest/?q=MjE0OA==
     
  2. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    Could be. Then again, the Iraq War, The Afghanistan War, the Lebanon War all count too. Couldn't he be a bit more articulate, not too mention decisive regarding these 'battles' that should have been replaced for wars?

    They are losing propaganda and really, focus.
     
  3. red states rule
    Offline

    red states rule Senior Member

    Joined:
    May 30, 2006
    Messages:
    16,011
    Thanks Received:
    571
    Trophy Points:
    48
    Ratings:
    +572
    Tax cuts work every single time.

    They worked for JFK. They worked for Ronald Reagan. They are working for Geroge W Bush

    Liberals need to read and LEARN Economics 101
     
  4. Bonnie
    Offline

    Bonnie Senior Member

    Joined:
    Jun 30, 2004
    Messages:
    9,476
    Thanks Received:
    668
    Trophy Points:
    48
    Location:
    Wherever
    Ratings:
    +669
    Singing to the choir here Kathianne:laugh: I have always been frustrated about that!!
     
  5. Annie
    Offline

    Annie Diamond Member

    Joined:
    Nov 22, 2003
    Messages:
    50,847
    Thanks Received:
    4,644
    Trophy Points:
    1,790
    Ratings:
    +4,770
    BS, not trying to kudo Conley, but when US troops are in harm's way, tax cuts just count zippo. F that. Seriously.

    Spouting right wing agenda in a thread regarding troop streng†h, effectiveness, and deployment on anything other than troop related is wrong.
     
  6. Mr.Conley
    Offline

    Mr.Conley Senior Member

    Joined:
    Jan 20, 2006
    Messages:
    1,958
    Thanks Received:
    115
    Trophy Points:
    48
    Location:
    New Orleans, LA/Cambridge, MA
    Ratings:
    +116
    Personal misgivings about how the media overestimates the control presidents hold over the economy (Clinton is given too much credit for the late 90s boom, Bush caught too much crap for the bad economy of the early 2000's, etc) , I think I'm with Kathianne here.
     
  7. gonegolfin
    Offline

    gonegolfin Member

    Joined:
    Jul 8, 2005
    Messages:
    412
    Thanks Received:
    36
    Trophy Points:
    16
    Location:
    Austin, TX
    Ratings:
    +36
    Not unless they accompany spending cuts. Because if you do not cut spending, you are not cutting taxes. Inflation is a tax. It is just more insidious as it is a stealth tax. And it may take longer to surface. But when it does, there is going to be hell to pay. Our currency is already depreciating at a healthy pace.

    Brian
     
  8. GeeWhiz
    Offline

    GeeWhiz Member

    Joined:
    Aug 25, 2006
    Messages:
    166
    Thanks Received:
    24
    Trophy Points:
    16
    Ratings:
    +24
    Another thread to prop up Junior's failure. The question here is can spending through the roof and choking off money that can lower the deficit be sustainable? To answer that question quit your job and spend like crazy. How long you last should give you the answer.

    Junior's economic policy amounts to nothing more than dumping a major problem onto the next generation. Only Junior can be shitty like that.
     
  9. gonegolfin
    Offline

    gonegolfin Member

    Joined:
    Jul 8, 2005
    Messages:
    412
    Thanks Received:
    36
    Trophy Points:
    16
    Location:
    Austin, TX
    Ratings:
    +36
    You response suggests that this is exclusive to Bush's economic policy. What we face today economically and monetarily is a problem we have had for several decades and has grown progressively worse in that time period (it really dates longer than this, but for the purposes of our discussion the period post closing the gold window and what immediately led up to it is the most significant). It spans both the Republican and Democratic parties, as well as others in Congress that kowtow to the Fed and other Central Banks. It is the result of Central Banking and monetary science without any boundaries.

    Brian
     
  10. JeffWartman
    Offline

    JeffWartman Senior Member

    Joined:
    Jul 13, 2006
    Messages:
    1,309
    Thanks Received:
    101
    Trophy Points:
    48
    Location:
    Suburban Chicago
    Ratings:
    +101
    Tax cuts work a lot of times, but not all the time. The problem is that a lot of Republicans love to talk about the Laffer Curve, but they still don't know what it really means.

    Just because you're cutting taxes doesn't mean that tax revenues will increase due to the increased productivity. Economic theory states that, if the economy has certain economic conditions occuring at the time, it is possible that tax cuts will increase productivity to the point where tax revenues might increase.

    But to say that tax cuts work every time is absolutely wrong.
     

Share This Page