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Where were you motherfuckers when the CBO said that the tax cuts would cause a
M Dogg™:
Pre-Ronald Reagan, the US economy was not facing these boom and bust situation. There was a time, during our most prosperous time from the 1940's-1970's, where we taxed the rich from 70%-91%. When JFK lowed taxes, he lowed the rich taxes to 73%, and then Reagan lowed them all the way to 35%. It wasn't until Reagan that we had these out of control deficits and boom/bust economy. When Reagan left, the deficit became a huge deal. George Bush Sr., a Republican, had to raise taxes to manage the economy. Bill Clinton lowed poor taxes, but raised the rich taxes again. Then George W. Bush lowers rich taxes and we again see deficits start to rise, and Obama is going to let the tax cuts expire, and along with the health care bill expect to see the deficit drop. But oh well, maybe Republicans just don't know how to run government. As the old saying goes, Republicans run on government doesn't work, then they get elected and prove their point right.
Real American:
--- Quote from: M Dogg on March 25, 2010, 08:17:55 PM ---Pre-Ronald Reagan, the US economy was not facing these boom and bust situation. There was a time, during our most prosperous time from the 1940's-1970's, where we taxed the rich from 70%-91%. When JFK lowed taxes, he lowed the rich taxes to 73%, and then Reagan lowed them all the way to 35%. It wasn't until Reagan that we had these out of control deficits and boom/bust economy. When Reagan left, the deficit became a huge deal. George Bush Sr., a Republican, had to raise taxes to manage the economy. Bill Clinton lowed poor taxes, but raised the rich taxes again. Then George W. Bush lowers rich taxes and we again see deficits start to rise, and Obama is going to let the tax cuts expire, and along with the health care bill expect to see the deficit drop. But oh well, maybe Republicans just don't know how to run government. As the old saying goes, Republicans run on government doesn't work, then they get elected and prove their point right.
--- End quote ---
That is amazing logic. Please explain why california has some of the highest taxes in the entire U.S. and has a massive budget deficit the likes of which has never been seen. I believe the last I saw it was around $40 billion.
P.S. Obama's health care bill won't bring down the defecit, it is going to blow it up.
M Dogg™:
--- Quote from: Real American on March 26, 2010, 02:52:13 PM ---
--- Quote from: M Dogg on March 25, 2010, 08:17:55 PM ---Pre-Ronald Reagan, the US economy was not facing these boom and bust situation. There was a time, during our most prosperous time from the 1940's-1970's, where we taxed the rich from 70%-91%. When JFK lowed taxes, he lowed the rich taxes to 73%, and then Reagan lowed them all the way to 35%. It wasn't until Reagan that we had these out of control deficits and boom/bust economy. When Reagan left, the deficit became a huge deal. George Bush Sr., a Republican, had to raise taxes to manage the economy. Bill Clinton lowed poor taxes, but raised the rich taxes again. Then George W. Bush lowers rich taxes and we again see deficits start to rise, and Obama is going to let the tax cuts expire, and along with the health care bill expect to see the deficit drop. But oh well, maybe Republicans just don't know how to run government. As the old saying goes, Republicans run on government doesn't work, then they get elected and prove their point right.
--- End quote ---
That is amazing logic. Please explain why california has some of the highest taxes in the entire U.S. and has a massive budget deficit the likes of which has never been seen. I believe the last I saw it was around $40 billion.
P.S. Obama's health care bill won't bring down the defecit, it is going to blow it up.
--- End quote ---
1. California is in a situation where it's tax base can't support it's population. California right now is the most populated state at 37,000,000 and right now it's losing jobs like you Ron Paul loses his marbles. This though comes after many many years of Republican governors. For years California was falling apart, as there was no increased spending to keep up with the population but there was a balanced budget. One day people woke up and said, our state is fucked and elected Grey Davis. Then they said, we are in debt, so they elected Arnold and then the problem got much worst.
The Health Care bill will increase taxes and that is how it will pay for it's self. One top of that there will be fines if you can afford health care but wouldn't buy it.
Real American:
I won this debate.
M Dogg™:
--- Quote from: Real American on March 26, 2010, 10:43:57 PM ---I won this debate.
--- End quote ---
WTF... I got in the last word... meaning I won... of course with my new Illuminati powers given to me by B. Hussein Obama himself, I could just delete your post saying I won this debate and actually make you debate. I'm the Illuminati, don't test.
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