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So Obama isn't responsible for the unemployment rate?
No personally he is not, Obama and his administration are responsible for accelerating it and keeping it where it is however. Same as gas prices that have been forgotten about.
Well barring effective birth control would not rampant abortions help to keep the population low. That is what China has been trying to do for the last 10 years.
Okay, let's say we come to the conclusion that 4 billion people can live on the planet and have a decent standard of living. What do you want to do with the other 3 billion, now?
What's to refute? Look at Bush's two terms. He cut taxes and the deficit went up. Hell, Obama cut taxes and the deficit went up.
How many times do taxes need to get cut until it proves to you that if less money is going to the government, it will cause the government's debt load to increase?
And yet you ignore the fact that Clinton cut taxes, and we balanced the budget, and when Bush cut taxes, REVENUES WENT UP.. not down..
Hell, I'd tell you to start looking at spending, but you cant even get the revenues part right. You keep talking about how tax cuts resulted in less money, but even the CBO says your WRONG.. Federal Tax Revenues from 2003 to 2006
Come back when you look at federal revenues AND spending, and can accurately pertray what took place when taxes were cut. Until such time, i'm done talking to someone who can only repeat talking points, rather than discuss the truth.
What's to refute? Look at Bush's two terms. He cut taxes and the deficit went up. Hell, Obama cut taxes and the deficit went up.
Again, you're trying to use one single factor over a 10 year period to prove a correlation. You can't do that.
Quote:
Originally Posted by Winter_Sucks
How many times do taxes need to get cut until it proves to you that if less money is going to the government, it will cause the government's debt load to increase?
I just told you to go read the last 2 pages and maybe you'll realize why your logic is flawed. Revenue as a percentage of GDP has remained steady. There's even a source, with a nice little graph for you, posted by pghquest.
The effect of a tax hike will be negligible at best. That is obvious based on the evidence. We have a spending problem.
Well barring effective birth control would not rampant abortions help to keep the population low. That is what China has been trying to do for the last 10 years.
Actually, they did that because they couldn't feed their people. Now that their GDP is rising (they're having turmoils right now over fair wages and benefits) their economies of scale are growing exponentially, just as was planned.
And yet you ignore the fact that Clinton cut taxes, and we balanced the budget, and when Bush cut taxes, REVENUES WENT UP.. not down..
Hell, I'd tell you to start looking at spending, but you cant even get the revenues part right. You keep talking about how tax cuts resulted in less money, but even the CBO says your WRONG.. Federal Tax Revenues from 2003 to 2006
Come back when you look at federal revenues AND spending, and can accurately pertray what took place when taxes were cut..
Clinton raised taxes and that balanced the budget. Clinton cutting spending and cutting taxes wouldn't have balanced the budget and shrank the deficit. Reducing taxes on the rich doesn't work at lowering the deficit. We've had ten years of Bush/GOP voodoo economics and the results are in, and they're not good.
This is really an economy of scale in action. When you buy in bulk, no matter if it's a car or gourmet meal, you get a much better price than if you were going it alone
"The very first thing I do every morning when I turn on the computer is to check the group-purchase websites," says 25-year-old Jiang Xuelai. "It works this way: Once enough members join the group, typically 12 to 50 depending on the item on sale, the team leader or person responsible will approach the dealer and negotiate a reduced price."
This includes food, and everyone is jumping on the bandwagon, whether they are offering quality buffets in five-star hotels to cheap street food. The most popular ones online in Shanghai are Sichuan food and hotpots, since these are winter favorites to chase away the damp and chill.
Economy Of Scale (http://www.chinadaily.com.cn/cndy/2011-01/09/content_11813998.htm - broken link)
Even profits are being eroded. The equilibrium is hard at work. It'll be chaotic, for sure. Those that don't understand you're going to fight science to get it back out of equilibrium.
As a side note real free markets actually make all this nonsense obsolete and academic.
Last edited by BigJon3475; 07-13-2011 at 11:09 PM..
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