Just askin...

[Henry Hawk]

Just askin....

APRIL 23, 2010:

Biden predicts economy will create up to 500,000 jobs a month soon

Where exacty ARE these Jobs that old joe promised?.............Oh, I know, it is the repubs fault, right?

On July 14, 2009, President Obama declared the following....

"Now, my administration has a job to do as well, and that job is to get this economy back on its feet, that's my job, and it's a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, well, this is Obama's economy. That's fine. Give it to me."

It has been given to him...........at the time we had a 9.5% unemployment rate........we are just about the same as we were then.....


and...

Home prices hit a new low in the first quarter of the year...home sales are down again....consumer confidence is down...and gas and food prices are up.

 
Just sayin....

and the media was going crazy about how bad our economy was back in 2006 when unemployment was at 5% and gas was $3 per gallon....

again, I'm just sayin....

[Exterminator]

Where exacty ARE these Jobs that old joe promised?

Why don't you tell us, Henry?  The basis of your economic belief is that cutting taxes for the wealthy will encourage the economy and create jobs.  Well, Bush cut taxes for the wealthy and those tax cuts are still active and the economy tanked and, as you so adeptly point out, those jobs are not forthcoming.  In light of that seemingly overwhelming evidence, do you still maintain that cutting taxes for the rich produces the results you suggest?

[The Troll]

Why don't you tell us, Henry?  The basis of your economic belief is that cutting taxes for the wealthy will encourage the economy and create jobs.  Well, Bush cut taxes for the wealthy and those tax cuts are still active and the economy tanked and, as you so adeptly point out, those jobs are not forthcoming.  In light of that seemingly overwhelming evidence, do you still maintain that cutting taxes for the rich produces the results you suggest?

  Come on Henery, don't    down the road.  Tell us what you to know.  I know it going to be a great and intelligent discourse.   

[Henry Hawk]

Why don't you tell us, Henry?  The basis of your economic belief is that cutting taxes for the wealthy will encourage the economy and create jobs.  Well, Bush cut taxes for the wealthy and those tax cuts are still active and the economy tanked and, as you so adeptly point out, those jobs are not forthcoming.  In light of that seemingly overwhelming evidence, do you still maintain that cutting taxes for the rich produces the results you suggest?

Well first of all you are always good at sidetracking the original intent of a particular post....

The facts are this.....federal revenue grew AFTER the Bush tax cuts.  Perhaps it is our SPENDING that is the culprit.
Also, remember job growth may not have grew, but it did hover around 5%....and that is with the largest attack on American Soil (9/11), the most devasting hurricane to hit America in years (Katrina) and two wars.

[Exterminator]

The facts are this.....federal revenue grew AFTER the Bush tax cuts.

No, it didn't and no matter how many times you repeat that lie or how often, it will never make it true.

Perhaps it is our SPENDING that is the culprit.  Also, remember job growth may not have grew, but it did hover around 5%....and that is with the largest attack on American Soil (9/11), the most devasting hurricane to hit America in years (Katrina) and two wars.

Any reasonable, thinking person would eventually come to the conclusion, based on overwhelming, observable evidence, that the entire mantra about cutting taxes on the rich being good for everyone else is absolute and utter bullshit. 

[Henry Hawk]

No, it didn't and no matter how many times you repeat that lie or how often, it will never make it true.

Any reasonable, thinking person would eventually come to the conclusion, based on overwhelming, observable evidence, that the entire mantra about cutting taxes on the rich being good for everyone else is absolute and utter bullshit. 

No lies involved here....

http://www.washingtontimes.com/news/2010/feb/3/bush-tax-cuts-boosted-federal-revenue/

Bush tax cuts boosted federal revenue

From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history...

According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts...

and I would have to say that any reasonable, thinking person would eventually come to the conclusion, based on overwhelming, observable evidence, that the entire mantra about raising taxes on the rich being good for everyone else.....because the rich will merely pass on these extra taxes onto the consumer and the middle class......and to think likewise is absolute and utter bullshit....

(sorry for stealing your line, but it fit in with more response perfectly....   )

If you want to raise the tax on the "super rich" those making $50 million a year...then maybe.........but to raise it on those making over $200,000 per years is ludicrous....THEY are not the rich.....

[The Troll]

No lies involved here....

http://www.washingtontimes.com/news/2010/feb/3/bush-tax-cuts-boosted-federal-revenue/

Bush tax cuts boosted federal revenue

From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history...

According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts...

and I would have to say that any reasonable, thinking person would eventually come to the conclusion, based on overwhelming, observable evidence, that the entire mantra about raising taxes on the rich being good for everyone else.....because the rich will merely pass on these extra taxes onto the consumer and the middle class......and to think likewise is absolute and utter bullshit....

(sorry for stealing your line, but it fit in with more response perfectly....   )

If you want to raise the tax on the "super rich" those making $50 million a year...then maybe.........but to raise it on those making over $200,000 per years is ludicrous....THEY are not the rich.....

  A person who makes $200,000 a year is not rich?  Well he or she is richer than about 90% of the rest of the people in this world.  Damn how I would have loved to have made just a $100,000 a year for each year I worked.  NOT RICH   I say what a mooroon. 

[Exterminator]

[/b]From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history...

Ok, technically, tax revenues did increase but not as a result of Bush's tax cuts as you suggest and they increased less than expected because of those tax cuts, ergo, the tax cuts affected revenue negatively.  I know that it's difficult for simpletons to grasp that there's more involved than simply looking at a dollar figure for revenue growth and making the quantum leap in logic that the cause of that growth must be tax cuts or a wetter than usual spring or a new wart or any other number of completely unassociated circumstances, but there is.  I doubt that you're interested in the truth but here it is, in plain English and everyone including the Congressional Budget Office, the Treasury Department, the Joint Committee on Taxation, the White House's Council of Economic Advisers and even a former Bush administration economist agrees that you are wrong.  If I have to choose whom to believe; my money is on them: http://www.factcheck.org/taxes/supply-side_spin.html

Nice try, by the way, finding a source that agrees with your fantasy but you really should learn the difference between editorials and facts to avoid making yourself look foolish in the future.

Now where are those jobs that these tax cuts created?

[Henry Hawk]

Ok, technically, tax revenues did increase

Strike ONE!....and no matter how many times I repeat it....it is STILL NOT a lie...

I know that it's difficult for simpletons to grasp that there's more involved than simply looking at a dollar figure for revenue growth

I totally agree there is MUCH more to it than merely cutting taxes........there has to be some strong leadership involved, and there has to be some consumer confidence....

President George W. Bush's 2003 tax cuts generated a massive increase in federal tax revenue and were followed by 52 consecutive months of economic growth. From 2004 to 2007, federal tax revenue increased by $780 billion, the largest four-year increase in American history.  Total federal revenue from 2003 to 2007:
2003 -- $1.78 trillion
2004 -- $1.88 trillion
2005 -- $2.15 trillion
2006 -- $2.40 trillion
2007 -- $2.56 trillion

http://www.mtgriffith.com/web_documents/taxcutfacts.htm    There are links to support are from the US Gov Rev, the conference board...read it and it is provided with simple logic.

http://www.factcheck.org/taxes/supply-side_spin.html

Nice try, by the way, finding a source that agrees with your fantasy but you really should learn the difference between editorials and facts to avoid making yourself look foolish in the future.

And I would say that YOU are the one being somewhat foolish to believe EVERYTHING YOU read, I say YOU TOO find sources to agree with YOUR fantasies also.......I find it very fascinating that the "factcheck.org" is owned by the.. ANNENBERG Public Policy Foundation 

a leftist organization...
http://www.freerepublic.com/focus/news/2104053/posts

and ironcily Barack Obama served on the Board of Directors for Annenberg....along with Bill Ayers who had affiliations with this group...
http://en.wikipedia.org/wiki/Chicago_Annenberg_Challenge

Now where are those jobs that these tax cuts created?

Like I said before, you MUST have consumer confidence and good leadership, along with TAX CUTS.....with the reckless spending, a healthcare that is being challanged as unconstitutional, Oil over $100 a barrel, and only 28% of Americans who think that the U.S. Heading in Right Direction economicly....
http://www.rasmussenreports.com/public_content/politics/mood_of_america/right_direction_or_wrong_track

I know you like to think that you are suppierior over other people, but it does not take a "rocket scientist" to see what happens when some simple common sense is put back into place....such as Reagan did.

and just using a source you thought was worthy....The Director of the Congressional Budget Office Doug Elmendorf recommends extending the Bush Tax Cuts before the Senate Budget Committee....


http://www.mrctv.org/videos/congressional-budget-office-recommends-extending-bush-tax-cuts


Hey....just sayin....

[Exterminator]

President George W. Bush's 2003 tax cuts generated a massive increase in federal tax revenue...

This is an outright lie.  Bush's tax cuts had nothing to do with the increase in revenues and resulted in lower than expected increases.

[Henry Hawk]

This is an outright lie.  Bush's tax cuts had nothing to do with the increase in revenues and resulted in lower than expected increases.

Can you prove this is a lie?....and to say it had NOTHING to do with the increase in revenue is foolish...imo.
Show me where this increase in federal revenue came from.....

I really am interested ex......prove to me, that those tax cuts had NOTHING to do with it.

I know there has got to be a certain level of taxes that has to be paid.....I think common sense dictates that if it is too high it will hurt the economy and to low it also hurts.......finding the correct level is what I am interested in.

[The Troll]

Can you prove this is a lie?....and to say it had NOTHING to do with the increase in revenue is foolish...imo.
Show me where this increase in federal revenue came from.....

I really am interested ex......prove to me, that those tax cuts had NOTHING to do with it.

I know there has got to be a certain level of taxes that has to be paid.....I think common sense dictates that if it is too high it will hurt the economy and to low it also hurts.......finding the correct level is what I am interested in.

  OK Henery tell us how George W. never turned down one bill the Republican Party gave him and why did he leave a Trillion dollar plus deficit.  Huh?  There was not one good bill that came out during the George W. Bush term as President.   Nothing but killing of our men and women to two wars and the killing of the American workers.

  I think you should find something else to talk about other than George W. Bush.  The stupidest and dim witted president American ever had.  What is so great you voted for the dumbass two times. 

[Henry Hawk]

  OK Henery tell us how George W. never turned down one bill the Republican Party gave him and why did he leave a Trillion dollar plus deficit.  Huh?  There was not one good bill that came out during the George W. Bush term as President.   Nothing but killing of our men and women to two wars and the killing of the American workers.

  I think you should find something else to talk about other than George W. Bush.  The stupidest and dim witted president American ever had.  What is so great you voted for the dumbass two times. 

Troll, this has nothing to do with my original post....How am I supposed to discuss anything with you?...you always get sidetracked and just slam repubs.

You are so biased, it is pointless....

You are a funny guy, who I enjoy on here, MOST of the time....but, you need to open your mind a "little".....and TRY to comprehind what others have to say.

[Henry Hawk]

BUMP....getting back on topic....

Just askin....

APRIL 23, 2010:

Biden predicts economy will create up to 500,000 jobs a month soon

Where exacty ARE these Jobs that old joe promised?.............Oh, I know, it is the repubs fault, right?

On July 14, 2009, President Obama declared the following....

"Now, my administration has a job to do as well, and that job is to get this economy back on its feet, that’s my job, and it’s a job I gladly accept. I love these folks who helped get us in this mess and then suddenly say, well, this is Obama’s economy. That’s fine. Give it to me.”

It has been given to him...........at the time we had a 9.5% unemployment rate........we are just about the same as we were then.....


and...

Home prices hit a new low in the first quarter of the year...home sales are down again....consumer confidence is down...and gas and food prices are up.

 
Just sayin....

and the media was going crazy about how bad our economy was back in 2006 when unemployment was at 5% and gas was $3 per gallon....

again, I'm just sayin....

[Exterminator]

Can you prove this is a lie?....and to say it had NOTHING to do with the increase in revenue is foolish...imo.
Show me where this increase in federal revenue came from.....

I really am interested ex......prove to me, that those tax cuts had NOTHING to do with it.

If you were really interested and had bothered to read the link I provided, it is explained very clearly.  The increases in revenue had nothing to do with Bush or those tax cuts; they were consistent with the "40-year historical average as a percentage of gross domestic product."  In other words, similar increases in revenue were happening most every year prior to those tax cuts.  What those tax cuts did was lower the amount of the increase compared to earlier years so the tax cuts had a negative overall effect on revenue, not a positive one as you claim.

Consider it this way...let's say that you have a 401K at work into which you put 5% of your income.  Let's say that every year you get a raise so your contribution increases every year.  Now let's assume that you lower your withholding to 4% at the same time you get your annual raise and that that raise is large enough to more than cover the decrease in your withholding from 5% to 4%.  In this scenario, your withholding increased despite your having lowered the percentage, not because of it much in the same way that the increase in federal revenue increased despite Bush's tax cuts, not because of them.