CATO: GOP as Bad as Dems on Spending

[Free Thinker]

Quote from Yannis:

I don't know who you're quoting, and, remember, most journalists by far are leftists, but here's a reasonable article on the subject:

lefties like david stockman the budget director under reagan:

David Stockman: We Need To Raise Taxes. Like Reagan Did. .... Cutting revenue is not a viable way to reduce a deficit.

http://www.outsidethebeltway.com/david-stockman-we-need-to-raise-taxes-like-reagan-did/

 

[Brass]

Quote from RCG Trader:

<iframe width="560" height="315" src="http://www.youtube.com/embed/SAFM1KO7cjg" frameborder="0" allowfullscreen></iframe>

Exactly. The 21-second nutshell.

 

[Yannis]

Summary

 

[Mercor]

Quote from Brass:

Exactly. The 21-second nutshell.

How does taking more tax dollars from the private sector and giving it to the public sector create jobs?

Are you talking about more teachers, policemen...etc

Public jobs do not create wealth.

 

[Mercor]

Quote from Mercor:

How does taking more tax dollars from the private sector and giving it to the public sector create jobs?

If in fact taking dollars from the private sector and giving it to the public sector creates jobs, then why is it not true to take dollars from the public sector and give it to the private sector will also create jobs???

 

[Brass]

Quote from Mercor:

How does taking more tax dollars from the private sector and giving it to the public sector create jobs?

Are you talking about more teachers, policemen...etc

Public jobs do not create wealth.

The question you should be asking is how tax cuts for the rich create jobs. Shortly after George W. Bush came into office he cut taxes principally for the benefit of the rich. His is the worst job growth record in US history. And he followed this feat by handing Obama the keys to the car as it went over the cliff.

 

[Mercor]

Quote from Brass:

The question you should be asking is how tax cuts for the rich create jobs. Shortly after George W. Bush came into office he cut taxes principally for the benefit of the rich. His is the worst job growth record in US history. And he followed this feat by handing Obama the keys to the car as it went over the cliff.

Tax cuts keeps wealth in the private sector. Wealth creates growth.

Bush in 2003 saved this country from the same thing Obama has failed to do. It was the election of Democrats in 2006 that burned Bush and lost all the jobs.

 

[MKTrader]

The bottom line is the Republicans have too many war mongers and pet projects to cut spending like they should. CATO can at least call a spade a spade. Conversely, "researchers" for the leftist Center for Economic and Policy Research have admitted that they'll never publish anything that goes against their agenda.

 

[MKTrader]

Quote from Brass:

That's really saying something seeing as how CATO is about as Right Wing as you can get.

Trying to quantify how "Right Wing" (which isn't capitalized, Einstein) is a futile exercise. If you're anti-welfare state and anti-warfare state, you end up being what? Independent? Moderate? It's a tactic used by those blinded by partisanship who can't engage the issues.

 

[Brass]

Quote from MKTrader:

Trying to quantify how "Right Wing" (which isn't capitalized, Einstein) is a futile exercise. If you're anti-welfare state and anti-warfare state, you end up being what? Independent? Moderate? It's a tactic used by those blinded by partisanship who can't engage the issues.

Obama is essentially in the center. To a Far Rightster, he is way left. Independents will largely vote for Obama. What is your point?