U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-02-2010, 09:09 AM
 
Location: NY
12,263 posts, read 9,411,476 times
Reputation: 8028

Advertisements

JFK would've been run out of the Democratic Party by Reid and Pelosi.
Reply With Quote Quick reply to this message

 
Old 08-02-2010, 09:13 AM
 
12,262 posts, read 15,122,189 times
Reputation: 8046
During the Kennedy administration, and maybe Reagan's, tax rates were to the right of the peak of the Laffer curve. Tax rate reductions were therefore effective in generating revenue. Since then the tax rates have been reduced "temporarily" it was said, so they are now below the rate that results in maximum revenue.
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 09:38 AM
 
Location: Earth
17,447 posts, read 23,872,739 times
Reputation: 7264
Quote:
Originally Posted by Dockside View Post
JFK would've been run out of the Democratic Party by Reid and Pelosi.
The fiscally conservative Dems in the Mountain West aren't being run out of the party.
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 10:15 AM
 
Location: NY
12,263 posts, read 9,411,476 times
Reputation: 8028
Quote:
Originally Posted by majoun View Post
The fiscally conservative Dems
Fiscally conservative Dems? I'll remember that one the next time we're making a list of oxymorons.
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 10:48 AM
 
48,516 posts, read 83,664,057 times
Reputation: 18036
Bascailly it does not amtter what they di i JFKs day. He lowered taxes to spur growth. We now are i a much different economic situation of huge defcit spending. That means not only cuts in entitlemnts but rasing txaes either direct or indirct across the board. There is no way out of the situation we are in compared to when JFK was president.As Greenspan who noramlly is for cutting taxes said ;we are at a point that is dangerous to the economy in spending by borrowing. We have no choice but to cut entitlement spending and rasise taxes. That will mean lower growth as well as extending high unemployment.We right now are rasing the deficits while still not doing more than 125,000 jobs. To reach 8% unemloyent by 2015 we would have to double that ;which isn't going to happen. We are tapped out.
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 11:02 AM
 
8,632 posts, read 9,148,238 times
Reputation: 2403
Quote:
Originally Posted by texdav View Post
Bascailly it does not amtter what they di i JFKs day. He lowered taxes to spur growth. We now are i a much different economic situation of huge defcit spending. That means not only cuts in entitlemnts but rasing txaes either direct or indirct across the board. There is no way out of the situation we are in compared to when JFK was president.As Greenspan who noramlly is for cutting taxes said ;we are at a point that is dangerous to the economy in spending by borrowing. We have no choice but to cut entitlement spending and rasise taxes. That will mean lower growth as well as extending high unemployment.We right now are rasing the deficits while still not doing more than 125,000 jobs. To reach 8% unemloyent by 2015 we would have to double that ;which isn't going to happen. We are tapped out.
I dont buy the argument.......right after you dole out a trillion dollars, and create a health care bureaucracy that will cost a trillion more.......well now we have to raise taxes. Anybody that didnt see that coming is a fool. Raising taxes right now as they will go up in January will put us into a death spiral. It is time to get serious about CUTTING SPENDING, & REDUCING GOVERNMENT!!
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 11:05 AM
 
Location: Wisconsin
20,336 posts, read 13,825,698 times
Reputation: 5220
Quote:
Originally Posted by silas777 View Post
Arthur Laffer: The Soak-the-Rich Catch-22 - WSJ.com Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshalling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues.

—President John F. Kennedy,
Economic Report of the President,

January 1963
Whoever this JFK person is, he is obviously a right-wing hater, Neocon and Bush lover.
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 11:09 AM
 
Location: Wisconsin
20,336 posts, read 13,825,698 times
Reputation: 5220
Quote:
Originally Posted by majoun View Post
The fiscally conservative Dems in the Mountain West aren't being run out of the party.
Could you give us clue who these people are, maybe start with which continent they are on?
Reply With Quote Quick reply to this message
 
Old 08-02-2010, 04:21 PM
 
Location: Earth
17,447 posts, read 23,872,739 times
Reputation: 7264
Quote:
Originally Posted by Wapasha View Post
Could you give us clue who these people are, maybe start with which continent they are on?
Brian Schweitzer, Jon Tester, Bill Richardson, etc.

About The Concord Coalition | The Concord Coalition

Blue Dog Coalition (http://www.house.gov/melancon/BlueDogs/ - broken link)
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 01:45 AM.

© 2005-2019, Advameg, Inc. | Please obey Forum Rules | Terms of Use and Privacy Policy

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top