Romney Looks Like the Next Pres

Quote from BSAM:

Would you trust your bank account to a whore?
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October 17, 2012

SouthAmerica: Ben Bernanke served as chairman of President George W. Bush's Council of Economic Advisers before President Bush appointed him on February 1, 2006, to be chairman of the United States Federal Reserve. Bernanke was confirmed for a second term as chairman on January 28, 2010, after being re-nominated by President Barack Obama.

Now, Barack Obama has to wait until January 2014 to nominate somebody else to replace Bin Bernanke.

Who needs enemies such as Osama Bin Laden trying to destroy the future of the country when you have Bin Bernanke at the Fed....

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Quote from BSAM:

We don't have a revenue problem.
We have a spending problem.
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By objective measures we are a low tax and moderate spending nation. So deficits are going to be more probable than balanced (or surpluses).
 
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October 17, 2012

SouthAmerica: I did watch the 21 Republican Party debates, and I agree with the point of view of this video that all these political debates are designed to reach their "semi-retarded" audience.

Obama, Romney face off in 2nd debate, MSM covers-up candidate arrest – October 17, 2012

<iframe width="420" height="315" src="http://www.youtube.com/embed/rZJwcDbIkXw" frameborder="0" allowfullscreen></iframe>


Pulling the U.S. economy back from the brink, and retaliating for the killing of American diplomats took centre stage, during the second Presidential debate between Mitt Romney and Barack Obama. Meanwhile, police arrested Green Party Presidential candidate Jill Stein and her running mate, Cheri Honkala, after they tried to enter the site of the debate at Hofstra University.


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Quote from BSAM:

We don't have a revenue problem.
We have a spending problem.
More...
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Good points,BSAM.

As far as GOV Romney being the next President.
That may be true, but I heard Gov Romney say, maybe a slip of the tounge, maybe not;he introduced Mr Ryan as the next President.:cool:

The really, really strange thing is the huge number of parallels between Pres Kennedy & President Lincolns death.:cool:
 
of course they can, if the spending is spent on infrastructure and not pay offs to democrat cronies.

But at this state when we spend 2.43 govt debt dollars for 1 dollar in gdp... it does not make sense to do it that way.

Quote from Ricter:

You're the one who needs to show that spending does not stimulate the economy.
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you keep saying this but never proving it.

Our corporate taxes are high... that is now a given in the debates.

when you consider state local federal fica and medicare or individual taxers are very high for attempting to grow you economy. ridiculously high.


Quote from Ricter:

By objective measures we are a low tax and moderate spending nation. So deficits are going to be more probable than balanced (or surpluses).
More...
 
you realize your graph does not show what you are pretending it shows.

if anything we want a the govt revenues to be a low ratio of GDP... it means we growing well.

I just shows you a few pages ago with the numbers that after the Bush cuts tax revenues when up 44%.

That went up after Reagan, Kennedy and Mellon too.

you graph does not dispute that fact.

Quote from Free Thinker:

Do Tax Cuts Increase Revenue?

It is a widely held belief in the U.S. that cutting tax rates actually increases government tax revenues, as people work harder to make more money, and having more money (either from working longer hours or simply because they have more income after paying lower taxes), they spend more. This increased consumption stimulates growth in the business sector of the economy, increasing business profits, allowing businesses to hire more employees, etc. and the economy grows. Economic growth then leads to more tax revenues for the government, even though taxes have been reduced.

While this view has gained political currency, there is little evidence to support it. Indeed, as evident in the following graph, the evidence suggests that tax cuts do not increase revenues to the government in any meaningful way, but instead increase government deficits. Likewise, tax increases are often criticized as harmful to the economy and opponents argue that they do not actually increase government revenues. Again, the available evidence suggests that the opposite is true.

Regardless of the effect of changes in tax rates on the economy, it is important to recognize that the idea that tax cuts increase government revenues while tax increases decrease them is a myth. It is equally important to recognize that in the long run, taxes are equal to government spending. Every dollar the government spends is a tax dollar -- it has no other source of revenue. The question is when that dollar will be paid, and who will pay it.

The following graph, compiled by the Congressional Budget Office (but modified below to point out major pieces of tax legislation), illustrates the relationship between government tax revenues, budget deficits and changes in tax legislation over the past quarter-century. The graph is followed by a discussion summarizing the highlights of major tax legislation during this period.


http://rricketts.ba.ttu.edu/Tax Rates and Revenues.htm
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Rasmuessen Romney plus 1 Unskewed?
Gallup Poll Romney Plus 6. unskewed ?
ABC News Unskewed Romney Plus 6
IBD Unskewed Romney Plus 5
Politico Unskewed ?
Monmouth Unskewed Romney plus 4
Fox Romney Plus 1 Unskewed?
 
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