DaveNJ
No Fear
join:1999-09-01
New Jersey
 ·Comcast
·Patriot Media
| reply to nasadude
Re: Do nothing Congress
said by nasadude  :hell, even Reagan raised taxes on the rich. Where are all these links, I guess your talking left wing talking points probably heard on CNN? Oh Reagan was a democrat before his party left him. |
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DaveNJ
No Fear
join:1999-09-01
New Jersey
·Comcast
·Patriot Media
| reply to markwp2001
said by markwp2001 :said by pnh102 :said by Mike :You can blame Obama any time you want. It just depends when you want to look like a fool. I'll agree with you that it isn't fair to blame Obama yet as he hasn't taken office. Furthermore, his election has spurred retail sales in the gun industry to record levels, so on that note, he has caused an economic stimulus of sorts.  However, Obama's idea of taxing the rich has been proven to be a complete and total failure when it comes to raising revenue for the government. Furthermore, Obama's stimulus plan, if you could call it that, comes straight out of the playbook written by John Maynard Keynes and implemented by FDR during the Great Depression. FDR's policies of getting us out of the Great Depression were all complete failures, as they all failed to end the Great Depression. Unless Obama plans to get us into a major World War, it is going to be a long, dark 4 years should he implement what he says he's going to implement. Didn't Clinton raise taxes on the rich? How'd the economy do during his administration?  Did 911 happen during the Clinton adminstration ?
Did the CRA have the power it did during the Clinton years ?
How is taking money out of circulation , increase spending ?
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You better not pout, you better not cry, I am telling you why Jesus Christ is coming to town..
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markwp2001
Spreadhead
Premium
join:2002-05-25
Long Beach, MS
| said by DaveNJ :How is taking money out of circulation , increase spending ? Huh?
It's awesome how one mention of Clinton sends right wing wackos into a sputtering mess 
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Palin is sofa king retarded. |
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nasadude
join:2001-10-05
Rockville, MD
·Comcast
| reply to DaveNJ
I stand corrected, reagan didn't raise taxes on the rich, but he did raise taxes:
»www.democraticunderground.com/di···x1755779
The only problem with this analysis is that it is historically inaccurate. Reagan may have resisted calls for tax increases, but he ultimately supported them. In 1982 alone, he signed into law not one but two major tax increases. The Tax Equity and Fiscal Responsibility Act raised taxes by $37.5 billion per year, and the Highway Revenue Act of 1982 raised the gasoline tax by another $3.3 billion.
According to a recent Treasury Department study, TEFRA alone raised taxes by almost 1 percent of the gross domestic product, making it the largest peacetime tax increase in American history. An increase of similar magnitude today would raise more than $100 billion per year.
and while I'm at it, about that crap that tax cuts increase revenues:
According to a United States Department of the Treasury non-partisan economic study, the major tax bills enacted under Reagan, as a whole, significantly reduced (~-1% of GDP) government tax receipts. Separated out, however, it is clear that the Economic Recovery Tax Act of 1981 was a massive (~-3% of GDP) decrease in revenues (the largest tax cuts ever enacted), while other tax bills had neutral or, in the case of the Tax Equity and Fiscal Responsibility Act of 1982, significant (~+1% of GDP) government revenue-enhancing effect..."
»en.wikipedia.org/wiki/Reaganomics |
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battleop
join:2005-09-28
00000 | reply to Mike
Give it time. The media turns will eventually turn on Obama. The media thrives on ratings and negativity. |
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DaveNJ
No Fear
join:1999-09-01
New Jersey
·Comcast
·Patriot Media
1 edit | reply to markwp2001
said by markwp2001 :said by DaveNJ :How is taking money out of circulation , increase spending ? Huh? It's awesome how one mention of Clinton sends right wing wackos into a sputtering mess I think you got it wrong, quoting macro-economies from my liberal professor, makes "liberals think you are a right wing wacko". When you take temperature out of a room, does it get warmer ? I guess basic math is now right wing...
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You better not pout, you better not cry, I am telling you why Jesus Christ is coming to town..
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grumpy3b
join:2001-12-11
Lompoc, CA
 ·DSL EXTREME
 ·Millenicom
| reply to fatmanskinny
I think the speed of broad bands should call for at least a DD cup...
slinksoffinshameforeIamatmycorestillateenageboy... 
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Using Millenicom? Come visit the Unofficial Millenicom forum here on BBR »Millenicom |
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Neyland
join:2003-02-04
USA
| reply to DaveNJ
said by DaveNJ :Did 911 happen during the Clinton adminstration ? No, 911 happened because of US action/policy from Clinton/Bush Sr/Reagan/Carter.
In both international and economic policy you need to take a good 30 year view to really see good cause/effect and trending.
Our issues span both Republican and Democrat presidencies and congresses. Plenty of blame to go around, but I place more blame on the Congress than any one presidency. Our politicians need to stop being politicians and go back to being working representative statesmen. |
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Neyland
join:2003-02-04
USA | reply to fiberguy
So what ever happened to the 'Contract With America'? |
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BF69
join:2004-07-28
Camden, TN
| reply to DaveNJ
said by DaveNJ :Well with Congresses lowest rating ever recorded, how could you expect anything. Could we starting blaming Obama now ? He said he wanted to stop investments, and tax the rich. How is that going to spur growth ? he did not say that quit lying. |
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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast
| reply to nasadude
And again, you confirm that it was indeed our entering World War 2 that ended the Depression. None of FDR's programs, by what you wrote, did anything to end it. In fact, you show that his tax hikes actually made things worse by the late 1930s. You also conveniently forget to mention that FDR did nothing to repeal the isolationist foreign trade policies enacted by his predecessor.
And calling 19% unemployment a "recession" colors the truth just a bit, doesn't it.
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Blagojevich / Madoff 2012! |
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pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast
| reply to markwp2001
said by markwp2001 :Didn't Clinton raise taxes on the rich? How'd the economy do during his administration? But even Bill Clinton knew that raising taxes on the rich to pre-Carter levels (70% or more) was a bad idea. He only raised taxes to 40%. As pointed out in a previous post, taxes were raised to the 70% range in the mid 1930s and the economy took a huge hit as a result.
To be fair to Clinton, he wasn't really that liberal, especially when it came to spending. I put him more in the "liberal lite" range.
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Blagojevich / Madoff 2012! |
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r81984
Fair and Balanced
Premium
join:2001-11-14
St John'S, NL
 ·magicjack.com
·Cox HSI
·Insight Communicat..
·AT&T Midwest
| reply to pnh102
Re: Do nothing Congress
said by pnh102 :said by Mike :You can blame Obama any time you want. It just depends when you want to look like a fool. I'll agree with you that it isn't fair to blame Obama yet as he hasn't taken office. Furthermore, his election has spurred retail sales in the gun industry to record levels, so on that note, he has caused an economic stimulus of sorts. However, Obama's idea of taxing the rich has been proven to be a complete and total failure when it comes to raising revenue for the government. Furthermore, Obama's stimulus plan, if you could call it that, comes straight out of the playbook written by John Maynard Keynes and implemented by FDR during the Great Depression. FDR's policies of getting us out of the Great Depression were all complete failures, as they all failed to end the Great Depression. Unless Obama plans to get us into a major World War, it is going to be a long, dark 4 years should he implement what he says he's going to implement. The gun sales went up because there were strong rumor with uneducated hillbillies that Obama was going to take all their guns away. These people truely believed the republican lies.
The idea of giving huge tax breaks to the rich has never worked. History shows the money never trickles down or helps the economy grow. Obama is trying the opposite of everything Republicans have failed at.
War will never solve anything except make us more bankrupt.
What this country really needs is a real conservative, unfortunately the party that pretends to be conservative has never delievered in their entire history. Every Republican president did deficit spending and was a complete neocon.
The best part about Obama is he was more conservative than McCain and his socialist agenda. If you don't think so watch the debates. McCain promised everyone everything while Obama wanted to implement real plans.
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For those of you playing a drinking game.... MY FRIENDS! |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs
 ·Verizon FIOS
·Verizon Online DSL
| reply to Anon
Nice attempt at a personal attack. Trust me, I won't bite.
For the record, I don't smoke pot (never did) and quite frankly I hate the smell of it. Something I have knowledge of only due to professional experience.
If you want to add a multiplier to your proposed IQ, you just might get the number right.
I invite you to join the discussion with rational, well thought out viewpoints at any time. I enjoy the healthy exchange of ideas. It's what keeps this country great.
Personal attacks take us no where. Something I think Bill Clinton spoke about in the 90's. The "politics of personal attack" I believe he called it.
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Petty people are disproportionably corrupted by petty power… |
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Neyland
join:2003-02-04
USA
2 edits | Re: Do nothing Congress
Wow. I'm sure you mean so well.
*This was directed at another post that was deleted by the mod.* |
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N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs | reply to Anon
Re: Do nothing Congress
SHRUG..... |
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Neyland
join:2003-02-04
USA
| said by N3OGH :SHRUG..... Just want you to know my remark was directed at r81984 who's posts were deleted by a mod, but that doesn't show if you view via the front page. Viewed through the front page you'll just notice the link lines don't line up any more. |
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