How do you justify two wars and two tax cuts?

[Think4Yourself]

Originally Posted by Fiddlehead

I am trying to figure out the reasoning of my conservative brethren. By 2003, Bush had launched two wars and two tax cuts, all of which continued for the following 5+ years of his presidency. This is so insane on its face that I wonder how people ever felt it was going to be paid for. It is as if he did not care a wit about the true fiscal costs of the wars. He never asked us for sacrifice. No war bonds. Nothing.

So, a blunt question. How do you rationalize massive tax cuts and massive wars and claim to be fiscally responsible?

They have a math problem but conservatives have always been bad at math. Even when actual conservative economists publicly admit that tax cuts do not pay for themselves we still have legions of mouth breathers making that exact claim. Yeah, the Fed chairman and every practicing economists say it is not true but they heard Rush Limbaugh say it is, and they're just not that good at math to begin with, so they repeat what the radio talking head tells them.

[wutitiz]

Originally Posted by Think4Yourself

They have a math problem but conservatives have always been bad at math. Even when actual conservative economists publicly admit that tax cuts do not pay for themselves we still have legions of mouth breathers making that exact claim. Yeah, the Fed chairman and every practicing economists say it is not true but they heard Rush Limbaugh say it is, and they're just not that good at math to begin with, so they repeat what the radio talking head tells them.

I will admit to being a 'mouth breather,' I had sinus infections as a kid. But I won't admit to being bad at math; I got A's at math thru college.

The Laffer curve is pretty simple--tax rate of zero percent yields zero revenue, and a tax rate of 100% also yields zero revenue since no one will work for nothing. Somewhere in between yields the max revenue, and yeah, if you are beyond that point a tax cut will pay for itself. But someone bad at math would not comprehend.

[Goodnight]

Originally Posted by rbohm

true, but compared to the obama administration, bush was a penny pincher.

Well there's a reason for that, maybe Bush had a hand in it. Anyway we didn't hear much criticism regarding the deficits starting in 2003, where were all the fiscal conservatives.