(October 27, 2012 at 10:21 pm)Tino Wrote: Our debt is due primarily to spending too much.
...and not taking in enough revenue. Thank you for stating the obvious.
Quote:I've already answered your questions about how lowering tax rates can actually generate more tax revenues. You don't want to hear it but I've already covered it.
Remember who you're talking to. I once believed in "trickle down". I used to be a conservative Republican who thought Reagan was a president worthy of Rushmore.
Do you know why I see things differently now? Because I was brainwashed by the "lib-rul media"? No. Because I've adopted a new ideology and don't want to hear the truth that I once believed? No. Why then? Because it didn't work.
We've been hearing this "revenue neutral" thing ever since the days of Reagan. During his administration, when there were concerns his tax cuts would increase the debt, they said, "don't worry, the economic growth tax cuts create will increase the revenue to compensate." That didn't happen. When Clinton raised taxes, we were told the result would be economic disaster. That didn't happen. W Bush passed the most aggressive tax cuts for the wealthy and we were told not to worry, that tax cuts are revenue neutral. And he doubled the debt and crashed the economy.
Now in our last discussion, you had your reasons to think all those failures "don't count". Clinton benefited from the dot com bubble, yatta yatta. This is a Christian apologist tactic. "Prayer works but it didn't at that point because..." When has this theory been put into play and actually worked?
Quote:1. achieve energy independence on this continent by 2020When you wish upon a star...
Quote:2. open new markets for American goods and services, while also confronting nations like China that cheat on trade and steal American jobs. In the debates Romney explained why his trade focus is on S. America....makes no difference who you are...
Quote:3. provide Americans with the skills to succeed through better public schools, better access to higher education, and better retraining programs that help to match unemployed workers with real-world job opportunities.All while cutting spending.
...anything that you desire...
Quote:4. cut the deficit, reducing the size of government and getting the national debt under control so that America remains a place where businesses want to open up shop and hire.Cut taxes, increase defense spending and balance the budget all at the same time.
Reagan tried to do this and failed. W Bush tried to do this and failed. Math is a bitch.
Quote:5. champion small business by pursuing tax reform that lowers tax rates for all Americans, and cut back on the red tape that drives up costs and discourages hiring.Cut taxes and deregulation. That worked so well under W Bush, didn't it?
See, this is why I'm no longer a conservative Republican. I learn when things fail. I don't make excuses. I simply say "I was wrong" and adopt a new view based on the facts.
Now, if you think I'm wrong now, show me the facts. Don't just tell me, "some economist says blah blah blah." Show me actual data. Where has it been tried and shown to be successful by the results? Hypotheses are nice but since they failed so spectacularly here in the US, I need to see something with more substance.
Atheist Forums Hall of Shame:
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist