Republicans for Hillary: The self-immolation of the GOP

In the studies I have seen, it was only the Kennedy cuts that could reasonably be said to have resulted in moderate revenue increases.

The Reagan tax cuts, were accompanied by massive increases in spending. This resulted in deficits of historic proportions. Tax revenue increases, which were far smaller than had been anticipated, after the Reagan cuts, are attributed by economists today to massive economic stimulus spending and recovery from recession. (Revenues always increase coming out of recession.)

Reagan's huge cold war expenditures had negligible affect on the Soviet economy. He is often falsely given credit for collapse of the Soviet Union which occurred on his watch. As Moynihan pointed out when he was in Ford's cabinet, the Soviet Union was in the process of collapsing entirely on its own, and if we just sat back and did nothing, the Soviet Union would completely collapse in a few years. There was copious data to support Moynihan's view. Moynihan's sharp disagreement on this point with other members of Ford's cabinet eventually led to Moynihan leaving the cabinet.

Because of the horrendous, long-term damage done to the U.S. Economy due to screwball, supply-side, trickle-down economics, and privatizing things that never should have been privatized, it is fair to say that Reagan's administration was the worst in our twentieth Century History. His economic adviser's radical ideas hang on still today in the form of anarcho-capitalism.


Did you copy that from your application essay to be on MSNBC?

LOL. Only democrat tax cuts increase revenues. The massive increases after republican cuts would have happened anyway or were the result of democrat policies? Uhh ok...you think cap gains revenues went up after the rates were cut because of government spending programs?
 
Did you copy that from your application essay to be on MSNBC?

LOL. Only democrat tax cuts increase revenues. The massive increases after republican cuts would have happened anyway or were the result of democrat policies? Uhh ok...you think cap gains revenues went up after the rates were cut because of government spending programs?
You are giving me way too much credit. ;)
 
This post by covert and approval by Piezoe... manifests what is wrong about the left's brain trust. They don't understand what they post but they feel so smug doing it.

Here a question... would you all rather have 50% of 100 or 35 % of 200 for govt revenues (govt tax income).


You can see right here in a nutshell the ignorance of real world impacts. Every thinking person not motivated by leftist ambitions...

would be happy if govt revenues went up. But these minds numbed by leftist writers seem to be upset that even though govt revenues went up and gdp went up after tax cuts govts share of the GDP went down.

The idea that tax payers and the Govt are better off is a problem for them.

They may not realize it but by their actions they are saying they prefer a smaller economy and lower tax revenues as long as the govt can be a bigger part of the economy.

Its breathtaking that covertibility seems to make this same ignorant argument once or twice a year...and then piezoe approves of it.
 
Here a question... would you all rather have 50% of 100 or 35 % of 200 for govt revenues (govt tax income).
Do we get to use government stimulus spending, which you have acknowledged does work, to get to "200"?
:D
 
govt spending can work...but did not seem to work so well on obama's shovel ready jobs.
infrastructure spending could work well... pay back to party cronies.... not so much.

so you want to build out the energy deliver sector.. fix our bridges and tunnels and water lines. Maybe desalinization plants... it might be useful. lately most govt spending has a terrible return on expenditure.

Do we get to use government stimulus spending, which you have acknowledged does work, to get to "200"?
:D
 
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