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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-31-2017, 05:30 PM   #106
lustylad
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And that is why he advocated increasing taxes during expanding economic growth and to decrease them when the economy was in contraction. Somewhere in the 1980's you loons came up with this notion that the Deficits did not matter as much as tax cuts.... that ignorance is catching up to you. Deficits only seem to matter when there is a democrat in office.
You're way too stupidly hyper-partisan to admit the simple truth that BOTH political parties have misappropriated Keynes. Politicians on both sides have taken Keynesian theory as license to run deficits in good years AND bad. Which is not what he prescribed.

By the way, even leaving tax rates unchanged can retard economic growth. Look up "fiscal drag". Over time, under a progressive rate system taxpayers will be pushed into higher and higher brackets. The AMT is a prime example of this phenomenon.
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Old 12-31-2017, 05:30 PM   #107
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Liar, liar, pants on fire!
The dog chasing his tail.
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Old 12-31-2017, 05:41 PM   #108
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The dog chasing his tail.
He's licking his chops. Maybe he'll use one of his lifelines and ask CaptainMidnight to show up, so we can have a real discussion.
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Old 12-31-2017, 05:48 PM   #109
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He's licking his chops. Maybe he'll use one of his lifelines and ask CaptainMidnight to show up, so we can have a real discussion.
I think he’s licking his own balls. Like dogs do. And hookers won’t. Here’s a song to describe SnitchyVI:


https://m.youtube.com/watch?v=Sk3nVvqISlc
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Old 12-31-2017, 08:32 PM   #110
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You're way too stupidly hyper-partisan to admit the simple truth that BOTH political parties have misappropriated Keynes. Politicians on both sides have taken Keynesian theory as license to run deficits in good years AND bad. Which is not what he prescribed.
.
I actually agree with you
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Old 12-31-2017, 08:42 PM   #111
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I actually agree with you
WTF took you so long to admit it!!!!


https://m.youtube.com/watch?v=ppnwGf...lKHU7-r5pko%3D
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Old 12-31-2017, 08:58 PM   #112
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Yeah, spending!!!!! No matter if it’s discretionary or mandatory!!!! Protect the country first. If you don’t, nothing else matters.
So you want a military to protect a bankrupt country? How does that work junior?
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Old 12-31-2017, 09:03 PM   #113
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So you want a military to protect a bankrupt country? How does that work junior?
Putin’s been doing it for years!!!!! OK, like I said earlier. Sell the military off. Fire everyone. How does that work RETARD?

Manic depression!!!!!!!
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Old 12-31-2017, 09:04 PM   #114
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I never said military spending is responsible for all our debt...I have just assigned it its rightful cost.





.
lustylad...I attributed 12.3 Trillion to the current debt to military spending.
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Old 12-31-2017, 09:07 PM   #115
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Putin’s been doing it for years!!!!! OK, like I said earlier. Sell the military off. Fire everyone. How does that work RETARD?
It works by gradually cutting all expense across the board. Not just military but all expenses. We need to maintain the Dollar as the global currency and that will be impossible with this huge debt.

Or do like Putin and get a cyber team do get other countries to elect folks that are friendly to you! the cost Putin spent on our election to get the results he wanted were peanuts!
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Old 12-31-2017, 09:11 PM   #116
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Budman , you do realize that total tax revenue doubled in the ten year span on the 1990's in which we had a tax increase?

In fact it stayed about the same.

Now make your argument that tax cuts increase tax revenue.

I have tried to give you data that the increase with the tax cuts was not nearly as much as when we had tax increases.

That did not happen in the ten year span of the next century when we had a tax cut.
It about doubled after the tax cut. Now make your argument that tax cuts add to the deficit.
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Old 12-31-2017, 09:27 PM   #117
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It about doubled after the tax cut. Now make your argument that tax cuts add to the deficit.
And I showed you where a tax increase did double tax revenues...

We can do these numbers forever.

Under your theory a reduction of the tax rate to 1% would increase revenues.

Look Bud , go read the Laffer Curve.

Tax rate to high ..reduction in revenue

Tax rate to low...reduction in revenue.
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Old 01-01-2018, 12:31 AM   #118
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there's discretionary spending and there's mandatory spending.

entitlement spending can be in both categories.
But what entitlement spending is mandatory?? NONE. Cause none are guaranteed rights, unlike Defense spending is.
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Old 01-01-2018, 01:53 AM   #119
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Old 01-01-2018, 02:23 AM   #120
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But what entitlement spending is mandatory?? NONE. Cause none are guaranteed rights, unlike Defense spending is.
mandatory spending is basically SS & fica (medicare/medicaid) for example that are collected by taxes, so its fixed with the amount received.

some of the mandatory spending is dodgy, so I don't know how they decide other things are considered mandatory spending.
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