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Re: Several basics facts about US Debt and Spending..... Skeeve the Great Send a noteboard - 20/04/2011 03:51:19 PM
We’re examining Walsh’s statement [Rep. Joe Walsh (R)], "Every time we've cut taxes, revenues have gone up, the economy has grown." He said "every time," and that’s not the case. Revenues did not go up in 2001, 2002 or 2003, after tax rates were lowered. We also find it problematic to make hard claims about tax cuts growing the economy enough to increase tax revenues and helping balance the budget. Overall, we rate Walsh’s statement False.


I would think PolitiFact is not left or right biased, so we would take their finding more seriously.
PolitiFact
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Several basics facts about US Debt and Spending..... trzaska2000 - 16/04/2011 04:41:55 AM 1504 Views
Well ... at least we've been here before ... ? The_Muted_Grimaud - 16/04/2011 06:41:00 AM 996 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* TaskmasterJack - 16/04/2011 03:38:00 PM 516 Views
Yeah, those old people are draining the system..... trzaska2000 - 16/04/2011 06:57:59 PM 1029 Views
You're already worse off than much of Europe, honestly. Legolas - 16/04/2011 04:08:37 PM 1133 Views
Re: You're already worse off than much of Europe, honestly. Tihs Tnuc - 17/04/2011 01:33:31 AM 1151 Views
Balancing our budget would be easy. ranagrande - 16/04/2011 06:46:32 PM 967 Views
Several of those aren't as easy as you make it sound, but the import tax is a big no-no. Legolas - 16/04/2011 07:34:30 PM 1183 Views
Also on the buying drugs from Canada idea Isaac - 16/04/2011 08:17:26 PM 1079 Views
Re: Also on the buying drugs from Canada idea Macharius - 18/04/2011 01:59:44 PM 1115 Views
Re: Also on the buying drugs from Canada idea Isaac - 18/04/2011 05:16:14 PM 1315 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? Skeeve the Great - 16/04/2011 07:50:09 PM 1421 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* Legolas - 16/04/2011 08:25:26 PM 459 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. Skeeve the Great - 16/04/2011 09:19:40 PM 1090 Views
Have you ever looked at those projections for a decade or two hence? Legolas - 16/04/2011 10:13:12 PM 1054 Views
Yes I have Skeeve the Great - 16/04/2011 10:44:50 PM 1212 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. Legolas - 16/04/2011 11:02:52 PM 1128 Views
Yes it's going out of control Skeeve the Great - 16/04/2011 11:17:59 PM 1100 Views
Good, we agree on that much then. Legolas - 17/04/2011 09:59:17 AM 1039 Views
Exactly. Cutting back on fraud and waste doesn't really put much of a dent in those projections. *NM* Tom - 17/04/2011 02:31:13 AM 444 Views
Sorry, but that is a stupid opinion..... trzaska2000 - 16/04/2011 08:38:35 PM 1042 Views
Sounds like another bull. Skeeve the Great - 16/04/2011 09:31:05 PM 1265 Views
Dude, the data is the data.....tax revenue increased all three times. trzaska2000 - 16/04/2011 09:47:37 PM 1277 Views
As I suspected, it's a bull. Skeeve the Great - 16/04/2011 10:02:05 PM 1162 Views
Stop being a fool - read and react to the data provided, posting something..... trzaska2000 - 16/04/2011 10:14:11 PM 913 Views
Response is Skeeve the Great - 16/04/2011 10:19:00 PM 1128 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. trzaska2000 - 16/04/2011 10:28:44 PM 1133 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. Skeeve the Great - 16/04/2011 10:47:24 PM 1081 Views
I take it you mean "rate of revenue growth decreases". Legolas - 16/04/2011 11:11:19 PM 1002 Views
Re: I take it you mean "rate of revenue growth decreases". Skeeve the Great - 16/04/2011 11:26:02 PM 1137 Views
Additional point Skeeve the Great - 16/04/2011 11:37:17 PM 1163 Views
It's not remarkable that revenue increased after the Reagan cuts. Tom - 17/04/2011 07:21:47 PM 1318 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? Skeeve the Great - 16/04/2011 10:13:46 PM 1009 Views
All the data is via CBO - do you know that the CBO is? trzaska2000 - 16/04/2011 10:16:08 PM 1023 Views
Re: All the data is via CBO - do you know that the CBO is? Skeeve the Great - 16/04/2011 10:27:01 PM 1138 Views
Nice try.....care to explain why the same exact thing happened..... trzaska2000 - 16/04/2011 10:35:44 PM 951 Views
Re: Nice try.....care to explain why the same exact thing happened..... Skeeve the Great - 16/04/2011 10:49:33 PM 1091 Views
Krugman is a shill for the Obama administration. Tom - 17/04/2011 02:34:50 AM 956 Views
Re: Krugman is a shill for the Obama administration. Skeeve the Great - 17/04/2011 03:50:24 AM 1174 Views
Some obesrvations by Republican economists Skeeve the Great - 18/04/2011 12:27:04 AM 1315 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics random thoughts - 18/04/2011 04:00:52 PM 966 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics Skeeve the Great - 18/04/2011 05:36:44 PM 939 Views
You use Krugman and then complain about the Heritage Foundation! Are you f.. kidding me? *NM* random thoughts - 18/04/2011 02:46:47 AM 482 Views
Useless fact about our presidents since 1945. heartbreak - 17/04/2011 09:20:16 PM 1295 Views
Re: Several basics facts about US Debt and Spending..... Skeeve the Great - 20/04/2011 03:51:19 PM 1392 Views
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