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)
Closed Thread Start New Thread
 
Old 08-26-2013, 06:53 PM
 
29,568 posts, read 37,020,288 times
Reputation: 4646

Advertisements

Quote:
Originally Posted by Fiddlehead View Post
Reagan was a bull**** artist for the most part. He spewed platitudes well. So does Obama. What it the difference?

The boomers are the difference. They came of age under Reagan and expanded the economy. No that they have theirs, they are strangling it under Obama, and whining all day and night about how poorly the world has treated them.
Words and deeds is what separates them. You'd think liberals would be happy about the real nuclear arms reductions Reagan achieved. You'd think they'd be happy about the firm stance Reagan took with the Soviet Union and the real change he helped invoke to 600 million people behind the iron curtain. You'd think they'd be excited about the free trade he pushed helping to finally bring people in abject poverty all across the globe into the middle class.

But you're not. Liberals are not. Why is that? Could it be that because he was a white Irish Republican they just can't manage to bring themselves to accept reality? You know, because of that's the case it would explain a hell of a lot about the stance liberals have taken regarding blaming republicans for all things racist, claiming the right just won't go along with Obama because they hate him.

Surely you can see the irony... (Snickers)
Rate this post positively

 
Old 08-26-2013, 07:17 PM
 
Location: Northridge/Porter Ranch, Calif.
23,674 posts, read 30,095,082 times
Reputation: 7224
Quote:
Originally Posted by WilliamSmyth View Post
Cutting taxes does not always increase government revenue. Even the Laffer center concedes the fact.

Laffer Curve | Laffer Center

The Laffer Curve is one of the main theoretical constructs of supply-side economics, and is often used as a shorthand to sum up the entire pro-growth world view of supply-side economics. However, the Laffer Curve itself simply illustrates the tradeoff between tax rates and the total tax revenues actually collected by the government.
...
Importantly, the Laffer Curve does not say whether a tax cut will raise or lower revenues, nor does it predict that any and all tax rate reductions would necessarily bring in more total revenues.
Cutting taxes did increase government revenue in the 1960s, 1980s and 2000s.
Rate this post positively
 
Old 08-26-2013, 07:27 PM
 
Location: Long Island, NY
19,777 posts, read 12,798,525 times
Reputation: 5646
Quote:
Originally Posted by Fleet View Post
Cutting taxes did increase government revenue in the 1960s, 1980s and 2000s.
I understand why they call "cutting taxes increases revenue" a zombie lie. No matter how many times it's refuted and discredited, it gets up and is repeated again.

Cutting taxes may have had an effect in the 1960s, when upper rates were 90%. That wasn't the case in the 80s and 2000s. Every analysis indicates that revenue would have been higher had rates not been cut. Nothing is starker than the 2000s example. The nation was running surpluses. After the tax cuts, all we had were deficits.

Greg Mankiw, President Bush's economic advisor referred to Ronald Reagan’s supply-side advisers as "charlatans and cranks."

Quote:
An example of fad economics occurred in 1980, when a small group of economists advised Presidential candidate, Ronald Reagan, that an across-the-board cut in income tax rates would raise tax revenue. They argued that if people could keep a higher fraction of their income, people would work harder to earn more income. Even though tax rates would be lower, income would rise by so much, they claimed, that tax revenues would rise. Almost all professional economists, including most of those who supported Reagan's proposal to cut taxes, viewed this outcome as far too optimistic. Lower tax rates might encourage people to work harder and this extra effort would offset the direct effects of lower tax rates to some extent, but there was no credible evidence that work effort would rise by enough to cause tax revenues to rise in the face of lower tax rates. . . .

Last edited by MTAtech; 08-26-2013 at 07:37 PM..
Rate this post positively
 
Old 08-26-2013, 09:37 PM
 
Location: Northridge/Porter Ranch, Calif.
23,674 posts, read 30,095,082 times
Reputation: 7224
Quote:
Originally Posted by MTAtech View Post
You asserted that about Reagan before and didn't cite your source.
Regardless of what those "knew" there is no evidence that cutting taxes increases revenue and plenty of evidence to the contrary. Merely repeating an assertion doesn't make it so.
Okay...

Rate this post positively
 
Old 08-26-2013, 09:45 PM
 
Location: Wasilla, Alaska
17,824 posts, read 21,708,064 times
Reputation: 6525
Quote:
Originally Posted by Fiddlehead View Post
Reagan was a bull**** artist for the most part. He spewed platitudes well. So does Obama. What it the difference?

The boomers are the difference. They came of age under Reagan and expanded the economy. No that they have theirs, they are strangling it under Obama, and whining all day and night about how poorly the world has treated them.
Actually the boomers came of age under LBJ and Nixon. The Gen. Xers help put Carter and Reagan into power.
Rate this post positively
 
Old 08-26-2013, 09:47 PM
 
29,409 posts, read 20,461,422 times
Reputation: 5445
Quote:
Originally Posted by BigJon3475 View Post
Words and deeds is what separates them. You'd think liberals would be happy about the real nuclear arms reductions Reagan achieved. You'd think they'd be happy about the firm stance Reagan took with the Soviet Union and the real change he helped invoke to 600 million people behind the iron curtain. You'd think they'd be excited about the free trade he pushed helping to finally bring people in abject poverty all across the globe into the middle class.

But you're not. Liberals are not. Why is that? Could it be that because he was a white Irish Republican they just can't manage to bring themselves to accept reality? You know, because of that's the case it would explain a hell of a lot about the stance liberals have taken regarding blaming republicans for all things racist, claiming the right just won't go along with Obama because they hate him.

Surely you can see the irony... (Snickers)
Nice post I agree of course.......
Rate this post positively
 
Old 08-26-2013, 10:07 PM
 
6,331 posts, read 4,841,319 times
Reputation: 1640
Quote:
Originally Posted by Chemical_Brothers View Post
Obama talks about gun control, Reagan actually banned guns in public while he was Governor.
That was different, Reagan is a Republican saint, banning guns, passing amnesty, waging union strikes, giving weapons to radical Muslims, raising taxes, all those are fine when a Republican does it.
Rate this post positively
 
Old 08-26-2013, 11:21 PM
 
29,409 posts, read 20,461,422 times
Reputation: 5445
Just admit it you think Reagan was Hitler and the only thing that stopped him was a Bush. LOL............
Rate this post positively
 
Old 08-26-2013, 11:38 PM
 
1,807 posts, read 1,608,696 times
Reputation: 988
Quote:
Originally Posted by KUchief25 View Post
Times are different but much the same. Country was in a mess back then and now. Carter left it for Reagan and Bush left it for Obama. So what does a leader do?? Reagan went out and told the world how great America was and will be at every chance. The American dream can be achieved. He took on the biggest threat not with a war but with idea's. The wall came down and that made every liberal very upset. Why they can't even tell anyone. Reagan spoke of responsibility, accountability, family and country something liberals can't ever imagine. A great leader. A man who loved his country

Now we go to Obama. After being elected he goes on an apology tour across the world telling of how America is wrong, tells us all that we didn't build anything the government did and divides the country on every issue he can think of.
So Bush left it for Obama, but you wonder why he had to go around apologizing for things? Could it be the mess he was left with made it such?

Obama came in to a much worse situation than Reagan. They aren't even comparable. By your words liberals can't imagine family or country? Does that include GI's who are overseas fighting for your ability to write that post? If so, then man up and offer an apology.

Incidentally, since you seem to think of yourself as a conservative, you forgot to add some things about Reagan. Deficits ballooned under his failed supply side economics. It was an experiment that was a failure. You can also talk about how he bowed at the last minute and put in place a horrible immigration policy.

Whenever you want, you can stop whining about the current President, take off the history blinders and stop being a CINO.

Want to be a real conservative? Start complaining about how conservatives were much more culpable in the financial crisis in the 2000's and complain about how even now they're trying to stop the regulations which hold banks to account.
Rate this post positively
 
Old 08-27-2013, 12:06 AM
 
Location: Northridge/Porter Ranch, Calif.
23,674 posts, read 30,095,082 times
Reputation: 7224
When Reagan took office, both the inflation (about 13%) and interest rates (18+%) were far higher than when Obama took office.
Rate this post positively
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.


Similar Threads

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 36, 37 - Top