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Author Topic: The Republicans Were Right v.1 - The Laffer Curve [Locked]
Moe_Nox  4 stars
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
theredkay1 posted:

The Republicans Were Right

No comments really, but saving for later finger pointing and general mockery.

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
Fist_de_Yuma posted:

Of course there is a point where tax reduction will reduce revenue. Where we disagree is where that point is. Conservatives think it is somewhere between 10% and 25%. Liberals think it is somewhere between 80% and 100%. Most but not all liberals understand people will seldom work for nothing.



The 1990's seem to indicate the conservatives are way off. Do real world events ever play a role in your internal dialogue?


Or maybe the 90's were one big trick orchestrated by the liberals. The whole booming economy, rising wages, rising hours worked, low unemployment, shrinking deficits....all a big scam designed to trick us into socialism.
Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
theredkay1 posted:

'tax revenues would be maximized with a tax rate of 84 percent'

http://www.nber.org/papers/w17860



Send me some $'s to subscribe and I might bother to read and critique the paper.

Otherwise... no.

 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Abaddon_Ambrosius posted:

theredkay1 posted:

'tax revenues would be maximized with a tax rate of 84 percent'

http://www.nber.org/papers/w17860



Send me some $'s to subscribe and I might bother to read and critique the paper.

Can't be bothered to spend your own money on your own education...

/Always looking for a hand out...

 

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Abaddon_Ambrosius  4 stars
Title: Retired Theurgist TL
Posts: 1,674
Registered: 2001-12-21 09:51:39
I don't make it a habit of paying for propaganda.


Except for my cable subscription which includes Fox and CNN.

 

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In the immortal words of Socrates - "I drank what?"
"God you guys suck at the internet - how can you fail to locate porn?!" - Eternal_Midnight
"Knowing means nothing." - Fat-badger
Fist_de_Yuma  3 stars
Posts: 571
Registered: 2001-12-20 21:17:22
theredkay1 posted:

Fist_de_Yuma posted:

Of course there is a point where tax reduction will reduce revenue. Where we disagree is where that point is. Conservatives think it is somewhere between 10% and 25%. Liberals think it is somewhere between 80% and 100%. Most but not all liberals understand people will seldom work for nothing.



The 1990's seem to indicate the conservatives are way off. Do real world events ever play a role in your internal dialogue?

Or maybe the 90's were one big trick orchestrated by the liberals. The whole booming economy, rising wages, rising hours worked, low unemployment, shrinking deficits....all a big scam designed to trick us into socialism.



For those of you who did not live in the 90's, or liberals with memory problems; the big push was to cut spending. That is what finally balanced the budget. As a matter of fact it was not balanced. They used accounting tricks to make is seem so. A lot of people were overjoyed at finally getting something done. Sadly the Republicans decided that the way to majority was to buy votes like the Democrats did. We slapped then down in 2008 but liberals, as is normal, got the wrong message. Now that the Republicans are on track it is time to remove the big spending racist liars.

 

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paulg_68  4 stars
Posts: 2,469
Registered: 2009-7-27 18:45:54
theredkay1 posted:

Two recent studies indicate that the oft cited, almost mythical, Laffer Curve is in fact a reality.


The only people who ever mention the Laffer Curve are dumbass socialists like yourself.

 

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reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Fist_de_Yuma posted:

For those of you who did not live in the 90's, or liberals with memory problems; the big push was to cut spending. That is what finally balanced the budget.

You are not worth the time to converse with. Here are some facts for you though.

Total Federal Spending by Fiscal year:

1988: $1,064.4 Billion
1989: $1,143.7 Billion
1990: $1,253.0 Billion
1991: $1,324.2 Billion
1992: $1,381.5 Billion
1993: $1,409.4 Billion
1994: $1,461.8 Billion
1995: $1,515.7 Billion
1996: $1,560.5 Billion
1997: $1,601.1 Billion
1998: $1,652.5 Billion
1999: $1,701.8 Billion
2000: $1,789.0 Billion
2001: $1,862.9 Billion


www.usgovernmentspending.com

 

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Sansfear  3 stars
Posts: 757
Registered: 2008-8-31 05:04:52
reesescups posted:

Fist_de_Yuma posted:

For those of you who did not live in the 90's, or liberals with memory problems; the big push was to cut spending. That is what finally balanced the budget.

You are not worth the time to converse with. Here are some facts for you though.

Total Federal Spending by Fiscal year:

1988: $1,064.4 Billion
1989: $1,143.7 Billion
1990: $1,253.0 Billion
1991: $1,324.2 Billion
1992: $1,381.5 Billion
1993: $1,409.4 Billion
1994: $1,461.8 Billion
1995: $1,515.7 Billion
1996: $1,560.5 Billion
1997: $1,601.1 Billion
1998: $1,652.5 Billion
1999: $1,701.8 Billion
2000: $1,789.0 Billion
2001: $1,862.9 Billion



That *IS* cutting spending, according to Obama and friends.

Smaller increases = cutting spending.
reesescups  4 stars
Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
Sansfear posted:

reesescups posted:

Fist_de_Yuma posted:

For those of you who did not live in the 90's, or liberals with memory problems; the big push was to cut spending. That is what finally balanced the budget.

You are not worth the time to converse with. Here are some facts for you though.

Total Federal Spending by Fiscal year:

1988: $1,064.4 Billion
1989: $1,143.7 Billion
1990: $1,253.0 Billion
1991: $1,324.2 Billion
1992: $1,381.5 Billion
1993: $1,409.4 Billion
1994: $1,461.8 Billion
1995: $1,515.7 Billion
1996: $1,560.5 Billion
1997: $1,601.1 Billion
1998: $1,652.5 Billion
1999: $1,701.8 Billion
2000: $1,789.0 Billion
2001: $1,862.9 Billion



That *IS* cutting spending, according to Obama and friends.

Smaller increases = cutting spending.

My bad - I forgot Fist was a huge fan and personal friend of Obama...

 

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