Quote from Ricter:
Keynes said cut taxes, but on who?
Revenues rose because of other variables in play, which you previously admitted. The other major variable is, government spending! Which Keynes also, in fact primarily, advocated. Reagan did it, "Morning in America", thanks to massive government war machine spending. Also doubled our foreign debt and turned us, for the first time, into a debtor nation.
Quote from Free Thinker:
i bet jem could give dick morris a run for his money. as far as we know dick morris is only wrong about politics. we know jem is wrong about politics, religion, evolution, intelligent design and global warming.
Quote from Free Thinker:
i bet jem could give dick morris a run for his money. as far as we know dick morris is only wrong about politics. we know jem is wrong about politics, religion, evolution, intelligent design and global warming.
Quote from Free Thinker:
Do Personal Income Tax Cuts Foster Growth? Again, No
Martin Feldstein and Doug Elmendorf discovered something surprising in 1989. So much so that when they presented it to a National Bureau of Economic Research conference, they titled their paper (PDF) âBudget Deficits, Tax Incentives and Inflation: A Surprising Lesson From the 1983-1984 Recovery.â Feldstein had been Ronald Reaganâs chief economic adviser during that recovery; Elmendorf now runs the Congressional Budget Office. In 1989, they were surprised to read in their own data that the recovery that began in 1983 had been caused mainly by an expansionary monetary policy. (To a lesser extent, it had come from growth in business investment after changes to corporate taxes in 1981.) Feldstein and Elmendorf pointed out that the recovery had not been caused, as was popularly thought at the time, by reductions in the personal income tax rate.
http://mobile.businessweek.com/arti...ULSE&utm_medium=referral&utm_source=pulsenews
Yeah, inflation is terrible right now.Quote from jem:
not on shred of evidence or info on how the models were structured.
typical lefts propaganda...
do I believe that inflation leads to higher revenues... yes.
that is my fallback position for cutting taxes.
The govt... is inflating the shit out of the dollar anyway.
but tax cuts can and do stimulate investment.
Quote from Yannis:
Better Polling Shows Romney Gaining
http://www.dickmorris.com/romney-ga...s&utm_medium=dmreports&utm_campaign=dmreports
http://www.unskewedpolls.com/
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