Once the economy started booming from the first cuts revenues went up. Yes there were tax increases during the economic boom but those were not the reason for revenues increasing in the first place.

Tax revenues went up as soon as reagan quit cutting and started raising taxes.

Go Away – this White, Married, Two Children, six-figure middle-class working stiff is never voting Republican again.

Bang wrote, “- The real enemy of the Liberal lie-machine is the advent of high speed wide spread instant communications. They just can’t pull it off anymore, but they seem to be the only ones that are unaware of that.”

That plus common sense….

- I don’t discuss economics with Liberals anymore, because to take the position they do, they have to think of the body economic as being some sort of self perpetuating “thing”, that they can go on taking freebee chunks out of forever. The Nannystate mentality. “I have a right to get things for free, just because”, must totally ignore that the economy is an engine, like any other, that needs priming and support to grow and prosper. They are not allowed to believe that, or the bottom falls out of their class warfare arguments. Why waste your time with children.

- Just remember the Liberal mantra:

“From each according to his gullibility….Too each according to his sloth”

- They don’t like the war because it takes away from their pet social give-aways.

- They fought against SS reform because it would start to dry up one of their favorite pork barrel funding sources.

- They fight every tax reduction for the same reason.

- They can’t wait to get back in office to raise taxes, believing falsely that will give them more revenue to dole out to their rag-tag base.

- The real enemy of the Liberal lie-machine is the advent of high speed wide spread instant communications. They just can’t pull it off anymore, but they seem to be the only ones that are unaware of that.

- Bang

It does seem like liberals can only keep up the pretense of reasonableness and emotional stability for only so long doesn’t it?

Your post on this subject really drops your credibility. You were doing so well before.

Anounce that you will run a 500 billion deficit (knowing from the beginning that it won’t be that high), then announce the real (lower) numbers six months later, claiming a “reduction”.

They’ve done it every year.

You’d be amusing if it wasn’t so pathetic. Correlation must equal causality to you for CO2 in global warming, you swallow that piece of fantasy hook, line, and sinker, but a far more established and proven linkage between tax rates and economic growth you whine and say it’s impossible to prove.

A mind is a terrible thing to waste…you have a convenient way of changing your level of proof required based upon your ideological convictions.

Like in the nineties when Clinton raised taxes?

Yeah, that was an awful 8-year period…it was only the largest period of economic expansion in our history…there were only 20 million jobs created! And let’s not pretend that it was all bubble. It wasn’t… the bubble began in Clinton’s second term between 1997–2001 (after deficits had been reduced significantly without the bubble).

Causation is impossible to prove when it comes to tax policy, and you have to really ignore another elephant in the room when it comes to this recovery: deficit spending.

The difference between now and then (the 90’s) is how we are maintaining a good economy. I’m not going to say the economy is bad right now… it’s been great for the wealthy and skilled workers, but not so great for others (but that’s not a tax issue so I’m not going there).

Government deficit spending pumps money into the economy that is borrowed from China and social security. That money will eventually be sucked out of the economy when the debt is repaid.

Clinton didn’t have to spend massively to get his economy going.

Aghast was in ERROR and should apologize for writing, “I think Republicans view poverty as a penalty that stupid people deservce”

It was a joke dude (I’m so sorry you didn’t get it! how’s that for an apology?)…it was meant to show how rediculous the original statement was. It’s stupid all-around to say that republicans hate the poor or stupid, or that democrats hate the rich.

According to NBER statistics, the cycle was much longer than average — its still going. But the trough was in nov 01, so it would seem that cyclical effects effects were in full swing by the time that the 01 tax cuts — phased in over 10 years — hit.

Let me ask another way Brad. Do you Brad recognize the common sense cause and effect argument that I made above that cutting tax rates does have an effect on the economy or are you Brad denying those effects?

By the way, wages were up 4% this year. Seems you spout Democrats talking points as oppposed to doing the due diligence of seeing if the facts are true or not. When the economy expands and unemployment falls (employment rises), more people will earn and because available employees become scarce employers pay more for each employee to entice them. Leave it up to Democrats to make false arguments about wages when the economy improves as it has. What do you think happens to wages when the economy is affected negatively via tax rate hikes?