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Never, ever trust Republicans… (Original Post) MrScorpio Dec 2015 OP
The GOP believes in the tax cut fairy who will make tax cuts pay for themselves Gothmog Dec 2015 #1
K & R. n/t FSogol Dec 2015 #2
The same could be said of "trickle down" economics. KansDem Dec 2015 #3
I'll never trust a politician on either side of the aisle for economic estimates. MadDAsHell Dec 2015 #4
2 words... lame54 Dec 2015 #5
Governor Brownstain nt wolfie001 Dec 2015 #12
thanks for the correction... lame54 Dec 2015 #17
So very, very true ... Scuba Dec 2015 #6
I once sent an e-mail to the GWBush White House.... lastlib Dec 2015 #7
Doubt you got a response. You're just an American. . .you're not from the magical land of Koch Feeling the Bern Dec 2015 #9
Is It Only $6 Trillion? ProfessorGAC Dec 2015 #8
Never, ever trust Republicans… stonecutter357 Dec 2015 #10
Mission Accomplished lpbk2713 Dec 2015 #11
Nixon... ngGale Dec 2015 #13
I trust no politician. Trust is earned through a personal relationship. But I loathe republicans. NRaleighLiberal Dec 2015 #14
sorry but that is wrong hfojvt Dec 2015 #15
K&R. nt tblue37 Dec 2015 #16

Gothmog

(145,241 posts)
1. The GOP believes in the tax cut fairy who will make tax cuts pay for themselves
Tue Dec 29, 2015, 02:38 PM
Dec 2015

Kansas and the US found that the tax cut fairy does not exist

KansDem

(28,498 posts)
3. The same could be said of "trickle down" economics.
Tue Dec 29, 2015, 02:49 PM
Dec 2015

Reagan's lowering of taxes on the wealthy would free up money that would be reinvested in the American economy creating American jobs.



It was all horseshit and the f*cking Republicans knew it.

 

MadDAsHell

(2,067 posts)
4. I'll never trust a politician on either side of the aisle for economic estimates.
Tue Dec 29, 2015, 02:59 PM
Dec 2015

They put out long-term projections about Medicare when it was created; it was only a handful of years before its costs were exceeding those estimates by many, MANY multiples.

They have no idea what they're doing when they "project" these things; it's a joke. They'll say whatever it takes...

lastlib

(23,233 posts)
7. I once sent an e-mail to the GWBush White House....
Tue Dec 29, 2015, 04:12 PM
Dec 2015

...not expecting any reply, of course:

Dear Mr. President (an endearment to be construed loosely in your case),
When the economy was good before you took office, you said we needed to give tax cuts to rich people and corporations to keep it going. We did it, and the economy nosedived. Now, when the economy is bad, you say we need to give more tax cuts to rich people and corporations to revive it.

Is this the only economic idea you have? If it is, we are in trouble, because it never works.

ProfessorGAC

(65,042 posts)
8. Is It Only $6 Trillion?
Tue Dec 29, 2015, 04:30 PM
Dec 2015

I thought a big reason the debt went up so much over the last 7 years was because the Obama administration started counting the war costs on the books.

If the deficits were kept artificially low because of off-budget war costs, the debt increase had to be kept artificially low. Either that or some very odd accounting practices are in play.

ngGale

(2,080 posts)
13. Nixon...
Tue Dec 29, 2015, 05:23 PM
Dec 2015

taught me this lesson when I was young. When I finally turned 21 my vote went for Carter and I never looked back.Worked in the medical field, Repub policies always hurt the poor and middle class.

NRaleighLiberal

(60,014 posts)
14. I trust no politician. Trust is earned through a personal relationship. But I loathe republicans.
Tue Dec 29, 2015, 05:32 PM
Dec 2015

For their greed, hypocrisy, blatant lies and distortions, and use of religion and scare tactics for control.

hfojvt

(37,573 posts)
15. sorry but that is wrong
Tue Dec 29, 2015, 05:52 PM
Dec 2015

What was supposed to pay off the debt was the projected surplus, the same projected surplus that Clinton was touting.

Bush, unlike some others, actually did NOT claim the tax cuts would pay for themselves. He claimed that they would USE part of the surplus.

Here's one radio address even after the campaign (I remember him using the same analogy during the campaign.)

https://web.archive.org/web/20010407014804/http://www.whitehouse.gov/news/releases/2001/02/20010224.html

"Finally, along with funding our priorities and paying down debt, my plan returns about one out of every four dollars of the surplus to the American taxpayers, who created the surplus in the first place. A surplus in tax revenue, after all, means that taxpayers have been overcharged. And usually when you've been overcharged, you expect to get something back."

In 2000, supposedly the tax cuts did NOT have to pay for themselves, because we had this projected surplus. I mean it was so huge. $5.6 trillion. It was much larger than the projected costs of the Bush tax cuts.

Too bad Clinton was NOT using his bully pulpit to tell us it was not real. At least Broder, conservative curmudgeon that he is, tried http://cjonline.com/stories/091400/opi_broder14.shtml#.VoL_c1JSDds

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