18
   

Despite a bipartisan effort...

 
 
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 11:41 am
@Foxfyre,
Foxfyre wrote:

Yup. That's why I posted that very sentiment.


But, they disagree with the other economists you listed completely. It doesn't support your case to have two groups, who both disagree completely, and point to both of them as authorities.

Cycloptichorn
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 11:44 am
@old europe,
old europe wrote:

Foxfyre wrote:
‘trillion dollar deficits for years to come’ is apparently not a problem?


The right started complaining about the Bush admin's trillion dollar deficit spending spree roughly at the time when McCain was nominated as the Republican candidate for presidency.

Zero. Credibility.


No, McCain's nomination came before the ridiculous bank bailout plan. Zero credibility about what? That the right opposed that plan? That the right believes you can't spend yourself rich? McCain supported the bank bailout, but he also lost the election. Had he opposed it, he would have gotten a lot more votes. But it was a Democratically controlled Congress and a fiscally irresponsible President who enacted that legislation and made it into law.

And what do we have to show for it. Not a hell of a lot.

But you guys want us to throw a whole lot more money into a hole where there will be little accountability and little to show for it as far as repairing our economy. Looks like you Europeans would eventually see that leftist ideas don't produce robust economies for long, if at all, and would be encouraging the USA to get with the program and actually do something that historically has been proved to work instead of continuing the same idiotic stuff that got us into this mess in the first place.
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 11:47 am
@Cycloptichorn,
Sure they disagree. But the idea that 'most economists' who have actually supported the stimulus package as it is currently written is utterly ridiculous. And probably only those of us who have actually read what both sides are saying have a really good grasp on the problem we're dealing with here.

I appreciate that you lefties don't want to put two principles side by side to see what has worked in the past as opposed to what works now, but some of us think that is a really smart thing to do. I strongly recommend it.
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 11:50 am
@Foxfyre,
Foxfyre wrote:

Sure they disagree. But the idea that 'most economists' who have actually supported the stimulus package as it is currently written is utterly ridiculous. And probably only those of us who have actually read what both sides are saying have a really good grasp on the problem we're dealing with here.

I appreciate that you lefties don't want to put two principles side by side to see what has worked in the past as opposed to what works now, but some of us think that is a really smart thing to do. I strongly recommend it.


Well, you bunch claim that the only thing which has 'worked' in the past is tax cuts, and that's plainly untrue, so why bother dialoging with you further on the subject?

Cycloptichorn
0 Replies
 
old europe
 
  1  
Reply Fri 13 Feb, 2009 11:57 am
@Foxfyre,
The right didn't complain about tax cuts that reduced tax revenues by trillions of dollars while the country was fighting a war. The right didn't, for most of the 8 years of Bush, complain about the hundreds of billions of dollars spent on the wars in Iraq and Afghanistan.

Apparently, "trillion dollar deficits for years to come" weren't a problem to conservatives as long as a Republican Congress and President was responsible. I might be mistaken on that one, and you're welcome to point to all of the conservative leaders who strictly opposed tax cuts during a time of war, and who unequivocally spoke out against the trillion dollar deficit spending for Iraq and Afghanistan.


Foxfyre wrote:
Looks like you Europeans would eventually see that leftist ideas don't produce robust economies for long, if at all, and would be encouraging the USA to get with the program and actually do something that historically has been proved to work instead of continuing the same idiotic stuff that got us into this mess in the first place.


Right. It's the darn socialistic policies of the Republican Congress and adminstration that got you into the mess.

We better elect leaders and parliaments in Europe who are further to the right than Bush and the Republicans if we want to avoid the consequences of your socialistic policies....

Rolling Eyes
Rolling Eyes
Rolling Eyes
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 12:19 pm
@old europe,
old europe wrote:

The right didn't complain about tax cuts that reduced tax revenues by trillions of dollars while the country was fighting a war. The right didn't, for most of the 8 years of Bush, complain about the hundreds of billions of dollars spent on the wars in Iraq and Afghanistan.


That is because most on the right recognize that the tax cuts did not reduce tax revenues by trillions of dollars but rather historically, and proved again this time, carefully structured tax cuts INCREASE revenues to the national treasury.

Many on the right have complained about the way the war has been conducted at unnecessary cost in lives and other treasure, but as long as we're there, the right acknowledges the historical benefits that come from winning wars instead of quitting them when they become politically unpopular.

Quote:
Apparently, "trillion dollar deficits for years to come" weren't a problem to conservatives as long as a Republican Congress and President was responsible. I might be mistaken on that one, and you're welcome to point to all of the conservative leaders who strictly opposed tax cuts during a time of war, and who unequivocally spoke out against the trillion dollar deficit spending for Iraq and Afghanistan.


The right was not and has not accumulated trillions of dollars of deficit spending in Iraq and Afghanistan. Had they done so they would have objected to that.

Quote:
Foxfyre wrote:
Looks like you Europeans would eventually see that leftist ideas don't produce robust economies for long, if at all, and would be encouraging the USA to get with the program and actually do something that historically has been proved to work instead of continuing the same idiotic stuff that got us into this mess in the first place.


Right. It's the darn socialistic policies of the Republican Congress and adminstration that got you into the mess.

We better elect leaders and parliaments in Europe who are further to the right than Bush and the Republicans if we want to avoid the consequences of your socialistic policies....


It is absolutely the more socialist policies that create huge entitlements that we cannot afford without confiscating more and more of the people's ability to create wealth and support themselves.
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 12:21 pm
@Foxfyre,
Quote:


That is because most on the right recognize that the tax cuts did not reduce tax revenues by trillions of dollars but rather historically, and proved again this time, carefully structured tax cuts INCREASE revenues to the national treasury.


This is a flat-out lie which is unsupported by any economist. I've posted the info many times showing even noted Conservatives saying that this is 100% incorrect. Please stop repeating lies like this.

Quote:

The right was not and has not accumulated trillions of dollars of deficit spending in Iraq and Afghanistan. Had they done so they would have objected to that.


Of course they have. Where exactly do you think the money to fight these wars has come from? How much do you think it's going to cost us in the end, when interest is factored in? Trillions of dollars. And none of you objected to this at all.

Cycloptichorn
0 Replies
 
old europe
 
  1  
Reply Fri 13 Feb, 2009 12:32 pm
@Foxfyre,
Foxfyre wrote:
That is because most on the right recognize that the tax cuts did not reduce tax revenues by trillions of dollars but rather historically, and proved again this time, carefully structured tax cuts INCREASE revenues to the national treasury.


Mhm. So how much more money in tax revenues due to tax cuts did the national treasury receive since Bush was in office, compared to leaving the higher taxes in place?


Foxfyre wrote:
The right was not and has not accumulated trillions of dollars of deficit spending in Iraq and Afghanistan. Had they done so they would have objected to that.


Well, I wrote "trillion dollar deficit", but whatever. Why did the right not object to hundreds of billions of dollars spent on a war that was supposed to be over in a couple of weeks, at a cost of $60 billion?

The right seems to be very forgiving when its a conservative Congress and administration that's spending a couple of hundreds of billions more than projected. But again, I might be wrong, and you're welcome to point to all those important right wing figures who firmly opposed the cost of the war back in 2004, or 2005, or 2006, or 2007.... Go ahead.


Foxfyre wrote:
It is absolutely the more socialist policies that create huge entitlements that we cannot afford without confiscating more and more of the people's ability to create wealth and support themselves.


Right. Stick with the conservative mantra.
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 12:50 pm
@old europe,
Thank you for your permission. I will happily continue to speak out against socialist policies that are less effective or more harmful than other policies. And you keep right on ignoring rebuttal to your erroneous points and keep right on reciting the leftwing mantra and talking points and ignore the facts that don't support them.

I become very bored with did too did not circular arguments, but will happily discuss any concept if you should decide that you will make a stab at defending your point of view instead of attacking, insulting, or belittling mine.
old europe
 
  1  
Reply Fri 13 Feb, 2009 12:52 pm
@Foxfyre,
Foxfyre wrote:
And you keep right on ignoring rebuttal to your erroneous points


I didn't see you rebut anything.
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 01:10 pm
@old europe,
Perhaps you ignored it? Had you not, you would have seen it over these past many days, weeks, months, and years.
old europe
 
  1  
Reply Fri 13 Feb, 2009 01:19 pm
@Foxfyre,
Oh, that. No, I didn't ignore that. In fact, if you had read along, you would have seen over these past many days, weeks, months, and years how I answered it.
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 01:21 pm
@Foxfyre,
Can't help but noticed that you have ignored specific challenges to your point that the tax cuts increased revenues, Fox.

Cycloptichorn
0 Replies
 
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 01:24 pm
@old europe,
I believe I have yet seen you make even an attempt to defend your point of view though OE.

But yes, you, like most or at least many leftists, think valid debate is attacking, belittling, or demeaning your opponent and/or his argument, or building strawmen as a diversion, while providing no credible evidence to back up your low opinion of your opponent and/or his argument.

School kids sometimes get their kicks out of those kinds of exchanges.

But I really prefer a more substantive exchange of ideas.

(Psst tell Cyclop that we have posted reams of evidence that tax cuts have increased revenues in the past. He ignored it.)
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 01:30 pm
@Foxfyre,
Foxfyre wrote:

I believe I have yet seen you make even an attempt to defend your point of view though OE.

But yes, you, like most or at least many leftists, think valid debate is attacking, belittling, or demeaning your opponent and/or his argument, or building strawmen as a diversion, while providing no credible evidence to back up your low opinion of your opponent and/or his argument.

School kids sometimes get their kicks out of those kinds of exchanges.

But I really prefer a more substantive exchange of ideas.

(Psst tell Cyclop that we have posted reams of evidence that tax cuts have increased revenues in the past. He ignored it.)


No, you have not posted that evidence, Fox. I have specifically been watching you on this subject. You obviously don't understand it at all, for you can't seem to figure out that Correlation is not Causation. And I've posted rebuttals from many Conservatives, including Bush's former Budget Manager, who claims that what you say is ridiculous. You have ignored this time and time again.

Do you understand the difference between correlation and causation?

Cycloptichorn
old europe
 
  1  
Reply Fri 13 Feb, 2009 01:31 pm
@Foxfyre,
Foxfyre wrote:
I believe I have yet seen you make even an attempt to defend your point of view though OE.


Why should I? You don't do that either. You just point out that "over the past years" you've already backed up your claims, so you can't be arsed to repeat them again.

Well, same goes for me.

That way, right here and now, you get to claim that the Bush tax cuts have increased tax revenues to the national treasury without even trying to back it up, and I get to say that you're full of it.

Sounds fair to me.


Foxfyre wrote:
But yes, you, like most or at least many leftists, think valid debate is attacking, belittling, or demeaning your opponent and/or his argument, or building strawmen as a diversion, while providing no credible evidence to back up your low opinion of your opponent and/or his argument.


Oh, right. I suppose that when you're making all kinds of claims without providing any kind of credible evidence to back them up, that's reasonable debate, eh?

Suit yourself.


Foxfyre wrote:
School kids sometimes get their kicks out of those kinds of exchanges.

But I really refer a more substantive exchange of ideas.


Mhm. Like you did in the last couple of posts.
0 Replies
 
dyslexia
 
  2  
Reply Fri 13 Feb, 2009 01:31 pm
@Foxfyre,
Quote:
But I really prefer a more substantive exchange of ideas.
it just gets more and more bizarre.
0 Replies
 
Foxfyre
 
  1  
Reply Fri 13 Feb, 2009 01:32 pm
@Cycloptichorn,
Cyclop I get as tired of these did too did not idiotic exchanges with you as much as I do OE or anybody else who makes grand proclaimations and/or accusations and then refuses to back them up with anything.

So how about you showing how tax cuts have reduced revenues and lets go from there? We've had this discussion many times in the past so let's start with you not posting deficits, unemployment rates, GDP etc. etc. etc. Show how tax cuts intended to stimulate the economy have reduced REVENUES.
Cycloptichorn
 
  1  
Reply Fri 13 Feb, 2009 01:45 pm
@Foxfyre,
Foxfyre wrote:

Cyclop I get as tired of these did too did not idiotic exchanges with you as much as I do OE or anybody else who makes grand proclaimations and/or accusations and then refuses to back them up with anything.

So how about you showing how tax cuts have reduced revenues and lets go from there? We've had this discussion many times in the past so let's start with you not posting deficits, unemployment rates, GDP etc. etc. etc. Show how tax cuts intended to stimulate the economy have reduced REVENUES.


Let us set some foundational principles:

Do you agree that reducing taxes instantly reduces revenues collected? That is to say, if you tax someone at a rate of 15% on a 100 dollar purchase, you collect 15 dollars. If you reduce that to 10% on the same purchase, you collect 10 dollars.

I know your arguments revolve around the fact that people behave differently under different levels of taxation; and I'll destroy that argument in time. But before we get to that part, surely you can agree with me that changes in the rate of taxation - without considering changes in customer behaviors - lead to changes in the amount of taxes recovered?

If you can agree with that, I think that you're ready for a conversation on taxation. B/c this is a really basic point that many Conservatives can't seem to admit.

Cycloptichorn
slkshock7
 
  1  
Reply Fri 13 Feb, 2009 02:23 pm
Despite Republican best efforts, there is little doubt that this "stimulus" bill will pass Congress...so I'd be interested in setting up some hard-core measures of success that we can look at a couple years down the road to see if it achieved any degree of success.

I'll propose the first measure of success. Obama says it will create 4.0M jobs in 2 years...Data below is taken from US Bureau of Labor stat projections

In Nov 2007, the labor force achieved its highest point on record of 146,665,000 employed and 7,212,000 unemployed. If the stimulus plan works therefore, one would expect that by Feb 2011, we would see 4M new jobs, in other words that figure should change to 150,665,000 with similar reductions in unemployment to drop that figure to 3,212,000 (assuming no natural increase in the US labor force which according to Labor stats is about only 0.1% per year anyway).

There're probably additional metrics about Consumer Spending, Tax Relief, alternative sources of energy, etc., that folks with more time on their hands could come up with...
0 Replies
 
 

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