Republicans have a poor understanding of economics. They should have no place in making policy

And it's not like the GOP took control of the Congress when those 24 days had passed...oh, no...the Democrats still had large majorities in both the House and the Senate.
 
And it's not like the GOP took control of the Congress when those 24 days had passed...oh, no...the Democrats still had large majorities in both the House and the Senate.
All they had to do was pick off one or two GOP reps who tend to side with the Dems anyway. Like Olympia Snowe. They couldnt manage even to do that.
 
They couldn't keep the Blue Dog Democrats in line, Rabbi...those were the people "obstructing" the Obama agenda!
 
IMHO - it's not that Republicans (and Democrats) don't understand economics. It's just that neither of them have the political courage to do what needs to be done.
 
They couldn't keep the Blue Dog Democrats in line, Rabbi...those were the people "obstructing" the Obama agenda!
They did OK on Obamacare. But yes there was lots of negotiating with themselves. In the end the myth of the blue dogs was just that. Given the right rpessure they'd roll over with Pelosi and Reid. Thats why you cant vote for a Democrat even if he seems to espouse the right policies.
 
IMHO - it's not that Republicans (and Democrats) don't understand economics. It's just that neither of them have the political courage to do what needs to be done.
And that opinion would be incorrect.

All the evidence says it is correct.

All the bloviating hyper-partisan hacks (ie. useful idiots) can regurgitate their party lines until their blue in the face. I'll take the evidence.

But I guess that's what makes me different.
 
IMHO - it's not that Republicans (and Democrats) don't understand economics. It's just that neither of them have the political courage to do what needs to be done.
And that opinion would be incorrect.

All the evidence says it is correct.

All the bloviating hyper-partisan hacks (ie. useful idiots) can regurgitate their party lines until their blue in the face. I'll take the evidence.

But I guess that's what makes me different.
Mere assertion makes you no dofferent.
Scott Walker understands economics
Mike Pence understands economics
John Kasich understands economics

Jerry Brown does not understand economics
Andrew Cuomo does not understand economics
Barack Obama does not understand economics
Pat Quinn does not understand economics.
See how that works?
 
The tax cuts help where they do because they encourage people to work more and earn more.


Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.
Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.
Yes, 40% of income earners not only dont pay taxes, they get back mroe than they paid. SO that leaves the other 60%, who are high income earners. They are high income earners because they are the most productive. So getting them to work more will produce more gains.
Now, I know you think execs sit around and drink coffee and dream about playing golf, but corporate execs are not Obama. The truth is they work very hard and long hours. But the more they work, the more opportunity is created for others.
See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well. I realize that goes against your class warfare brainwashing and at this stage of alcoholism you probably can't think too good. But it's simply true and has been tested and found true.
Oh good grief. Have you ever worked in a large corporation close enough to the top to see what's going on? Not quite a zero sum game but it's not far off.
 
Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.



You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?
Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?
The damage has already been done you dumb ****. And the more delusional obstructionists we have, the slower any kind of recovery will be.
 
Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.



You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?
Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?
The damage has already been done you dumb ****. And the more delusional obstructionists we have, the slower any kind of recovery will be.
Dont curse at me, shithead. The Democrats came in promising to fix everything. That was 2006. Instead they delivered the worst economic performance in post war history. This is why they got their asses kicked in November and will again in 2016.
Clinton was elected in 1992 and over 22 years we've had 14 years or so of Democrat presidents. Remind me how this is the GOP's fault.
 
The tax cuts help where they do because they encourage people to work more and earn more.


Hell rabbit. YOU claim 47% or some number of tax payers don't pay any tax now.
How is cutting taxes for almost 1/2 the working population going to do anything? They already don't pay taxes. They get to keep all their earning. (according to you)

You'll have to explain your convoluted logic in giving those that pay no taxes a tax break.

And rabbit, being the middle class person that I am, my taxes are already low. About 15% actual. If you gave me another tax cut, it wouldn't make any difference in the amount I spend.

You are full of shit rabbit.
Hey, Zeke. You're middle class all right: Half way between homeless and welfare dependent.
Yes, 40% of income earners not only dont pay taxes, they get back mroe than they paid. SO that leaves the other 60%, who are high income earners. They are high income earners because they are the most productive. So getting them to work more will produce more gains.
Now, I know you think execs sit around and drink coffee and dream about playing golf, but corporate execs are not Obama. The truth is they work very hard and long hours. But the more they work, the more opportunity is created for others.
See, Zekester, it's not a zero sum thing--they've got and you dont. It's a "we're all in this together" thing. The more top earners earn, the more bottom earners earn as well. I realize that goes against your class warfare brainwashing and at this stage of alcoholism you probably can't think too good. But it's simply true and has been tested and found true.
Oh good grief. Have you ever worked in a large corporation close enough to the top to see what's going on? Not quite a zero sum game but it's not far off.
IOW you have no idea. If you were an exec instead of a janitor it might make sense.
 
Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.



You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?
Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?
The damage has already been done you dumb ****. And the more delusional obstructionists we have, the slower any kind of recovery will be.
Dont curse at me, shithead. The Democrats came in promising to fix everything. That was 2006. Instead they delivered the worst economic performance in post war history. This is why they got their asses kicked in November and will again in 2016.
Clinton was elected in 1992 and over 22 years we've had 14 years or so of Democrat presidents. Remind me how this is the GOP's fault.
You're correct that it wasn't all the republicans fault. Clinton did some bad shit too but I'll bet most of it was under duress during the period when 'he did not have sexual relations with that woman'. Who'd have thought that would be such small potatoes after the Bush/Cheney debacle.
 
There is a difference between cutting taxes from a 90% rate, and cutting taxes as Reagan and Bush did. .

no difference really. The more you cut taxes the more the economy can grow while the govt shrinks. The bigger and more soviet like the govt becomes the smaller the economy becomes and the poorer people become.

Do you understand now?
 
Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.



You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?
Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?

Forgot the Dems had a super majority in the Senate for a TOTAL of 24 days in 2009, AS Dubya/GOP's 'job creator' policies were tanking the US economy? GOPers took the House in 2010 remember?

Misrepresentations, Regulations and Jobs
By Bruce Bartlett

Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration and there is no reason to believe that more of them will have any today. And the Republicans’ oft-stated concern for the deficit makes tax cuts a hard sell.
These constraints have led Republicans to embrace the idea that government regulation is the principal factor holding back employment. They assert that Barack Obama has unleashed a tidal wave of new regulations, which has created uncertainty among businesses and prevents them from investing and hiring.

No hard evidence is offered for this claim; it is simply asserted as self-evident and repeated endlessly throughout the conservative echo chamber.

....As one can see, the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration. Lack of demand for business products and services is vastly more important.

http://economix.blogs.nytimes.com/2011/10/04/regulation-and-unemployment/?_r=0

I love when you liberals bring up how few days Democrats had their Super Majorities. 24 "working days" sounds like such a small amount...doesn't it? But let's put that in context. In an average year the Congress averages a little over 130 "working days" out of 365 days in a year! 24 working days is actually a rather long time. Yet during all of that time they controlled everything...the Democrats basically did two things legislatively...they passed ObamaCare and they passed the Obama Stimulus neither one of which did diddly to put Americans in the Private Sector back to work.


"Yet during all of that time they controlled everything.."

AS THE DUBYA/GOP JOB CREATOR POLICES WERE CRASHING THE US ECONOMY. Weird you keep ignoring why afte 8 years of Dubya/GOP policy, the US lost 1+ million PRIVATE sector jobs? And since Obama/Dems passed Obamacares in Feb 2010, OVER 10+ MILLION PRIVATE SECTOR JOBS HAVE BEEN CREATED? lol


d

Diddly? 10+ million created versus losing 1+ million with the GOP 'job creator' policies!
 
15th post
GWB was a moron.

Combine that with the senate/house leadership of 2006 and you can see why the country's economy got flushed.

Obama has been miserable in response.
 
GWB was a moron.

Combine that with the senate/house leadership of 2006 and you can see why the country's economy got flushed.

Obama has been miserable in response.

Senat/House? Oh you mean when Dems took Congress in Jan 2007?

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From BushÂ’s PresidentÂ’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


Subprime_mortgage_originations,_1996-2008.GIF
 
Not this time, thanks to the oppressive policies of Democrats in taxation and regulation. Thanks for pointing that out.



You double down on stupid don't cha.

Oppressive policy blah blah blah. ******* ultra rich have never had it so good and it has been that way for a few years now.

And you want to put forth the bullshit claim that somehow it is the Dems fault that low wage earning have been flat for years.

Like I said rabbit. You double down on stupid.

You wanna take my bet?
Who has controlled tax and regulatory policies for the last 6 years, Zeke? Is it the GOP? Is Bush still president?
The damage has already been done you dumb ****. And the more delusional obstructionists we have, the slower any kind of recovery will be.
Dont curse at me, shithead. The Democrats came in promising to fix everything. That was 2006. Instead they delivered the worst economic performance in post war history. This is why they got their asses kicked in November and will again in 2016.
Clinton was elected in 1992 and over 22 years we've had 14 years or so of Democrat presidents. Remind me how this is the GOP's fault.




Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From BushÂ’s PresidentÂ’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”

Bushs documented policies and statements in timeframe leading up to the start of the Bush Mortgage Bubble include (but not limited to)

Wanting 5.5 million more minority homeowners
Tells congress there is nothing wrong with GSEs
Pledging to use federal policy to increase home ownership
Routinely taking credit for the housing market
Forcing GSEs to buy more low income home loans by raising their Housing Goals
Lowering Invesntment banks capital requirements, Net Capital rule
Reversing the Clinton rule that restricted GSEs purchases of subprime loans
Lowering down payment requirements to 0%
Forcing GSEs to spend an additional $440 billion in the secondary markets
Giving away 40,000 free down payments
PREEMPTING ALL STATE LAWS AGAINST PREDATORY LENDING


But the biggest policy was regulators not enforcing lending standards.

FACTS on Dubya s great recession US Message Board - Political Discussion Forum
subprime-mortgage-originations-_-federal-reserve-bank-boston.jpg


Subprime_mortgage_originations,_1996-2008.GIF
 
GWB was a moron.

Combine that with the senate/house leadership of 2006 and you can see why the country's economy got flushed.

Obama has been miserable in response.

Senat/House? Oh you mean when Dems took Congress in Jan 2007?

Q When did the Bush Mortgage Bubble start?

A The general timeframe is it started late 2004.

From BushÂ’s PresidentÂ’s Working Group on Financial Markets October 2008

“The Presidents Working Group’s March policy statement acknowledged that turmoil in financial markets clearly was triggered by a dramatic weakening of underwriting standards for U.S. subprime mortgages, beginning in late 2004 and extending into 2007.”


Subprime_mortgage_originations,_1996-2008.GIF

There is a reason you are ignore asshole.

This has nothing to do with what I posted.

The damage was done (and Obama helped).

The Ringling Brother Circus got even bigger when Reid and Pelosi joined in.
 
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