| Author |
Topic:
The Republicans Were Right v.1 - The Laffer Curve [Locked] |
Sin_of_Onin  Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Actually government budgets are very much impacted by inflation and caseload changes which result in large current service increases year over year. It is basically pointless to look at those numbers without context.
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Sin_of_Onin posted:
It is basically pointless to look at those numbers without context.
Oh my bad - I thought I provided the context. Here let me help you out with some bold, and then the facts from that context highlighted.
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
www.usgovernmentspending.com
HTHerpa helps your Derpda
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NuEM Posts: 1,007
Registered: 2004-3-2 09:08:11
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Laffing out loud!
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Brother_Tempus  Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Sin_of_Onin posted:
Actually government budgets are very much impacted by the debt they accumulate
Fixed for accuracy
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Manegarm Title: European Imperialist Good Guy
Posts: 1,964
Registered: 2003-8-11 10:01:52
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
NuEM posted:
Laffing out loud!
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Can someone point out where on the Laffer curve we are at this point in time? Please show your work, thanks.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
reesescups posted:
HTHerpa helps your Derpda
Lol
Whether you use cuts to mean actual expenditures reductions from the prior year or cuts to the current service budget it is still important to have context. Fist is a complete moron but his use of the word cut fits the common use of the word cut in government budgeting more so than your use. I am not trying to endorse one use over the other but if you are unaware of how government budgets are made you can be easily confused by the use of the word cut.
With that in mind, current service changes by definition are not policy additions or cuts. Current service changes may grow or cut spending based on the things I already listed, (for example inflation and caseload).
A lot of what Congress needs to do is address growing current service needs and that means cutting services or finding ways to reduce expenses in some other way. For example paying employees less than you would without the change or reducing the services covered by a medical entitlement.
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"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
Sin_of_Onin posted:
Fist is a complete moron but his use of the word cut fits the common use of the word cut in government budgeting more so than your use.
And yet I went by the real definition and a definition that he himself would use. Not some fancy trickery with budgets, projections, and those fancy mysterious percentage things...
Don't hurt yourself trying, there is nothing there to argue or discuss - I was giving dumb guy some stats so he could have the opportunity to think a bit more about what he believes to be true...
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
paulg_68 posted:
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.
You forgot Art Laffer tho
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paulg_68 Posts: 2,469
Registered: 2009-7-27 18:45:54
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Date Posted:
1/1/00 12:00am
Subject:
The Republicans Were Right v.1 - The Laffer Curve |
So libtards are still mad about something some guy said 38 years ago?
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