You have yet to prove how we are "better off with the tax cuts" that "Bush gave us." I'm still waiting on that one.
You pose an interesting challenge.
Can I prove to you that millions of Americans would have polio if it were not for the Salk vaccine? No, I can't "prove" that one, either. It would required an alternate timeline to show you exactly what would have happened without the tax cuts. I can point you toward economists so you can see what they say, and I can ask you to construct a mental hypothesis based upon what those economists say, but that's about it.
In other words, all it takes is a reasonable person who has a basic command of economics to understand the importance odf the tax cuts, particularly the tax cuts given to those who traditionally pay the MOST taxes in America: the so-called "rich."
Dot-com bust definitely skewered us, but our prez's fiscal policies are not exactly kickin' a$$.
No challenger to the president has articulated what should have been done in place of the "Bush policies". I don't expect I will ever hear what these "superior" ideas might have been. I strongly suspect that the resulting depression from refusing to cut taxes might have led to even greater reliance on government programs, higher taxes, and a stalled economy. I am old enough to remember the Carter years.
Where are those 1.5 million (or whatever) jobs that Bush was going to help create when he touted his tax plan...or his next tax plan...or his next one...or his future one? Nope. Not here yet. Didn't think so.
Ah, I see. You're sticking wirth the idea that a president "creates" jobs. He can only exert just so much influence, no matter what party affiliation he has. I wasn't aware that he gave some kind of time line for these jobs, so you can inform me, and I'll then know.
Do you HONESTLY have a lower tax burden today when everything is figured in? I'm talkin' healthcare, car and homeowners' insurance, state and local tax. I'm guessing likely not. Yeah, the feds take less cash, but you're no better off.
I am much better off, and sleep much better, thank you. Advertising is up. My calls have tripled in the past month. I expect my fortunes to mirror the fortunes of the economy. I also believe that the financial markets are desperate that we don't get another tax and spend guy who will pacify the UN and terrorists to the detriment of our national sovereignty and security. Such a person would no doubt put up trade barriers that would essentially get us kicked out of many foreign markets, leaving European countries to slip into the gap.
Bush and his buddies are slowly eating away at your rights not only as a citizen, but as a worker. So, when you no longer have bargaining rights without jumping through 47 new hoops and your wages get unilaterally cut by 20%, tell me how that tax cut is treatin' ya. That's what supporting corporatism will get you.
Bargaining rights? What bargaining rights?
Airlines are forming new non-union carriers, SAG and AFTRA costs are going up while jobs for that segment are going down. Union membership is dropping steadily in the US. In fifty years, there will be government employee unions and a few others. SAG will have gobbled up AFTRA by then, but most movies will not be SAG work, they will be made overseas.
What bargaining rights do I now have that I don't know about?
Oh, and there is a direct correlation between education and income. The Department of Labor itself says this. Read up (yup, more facts for the feeble-minded here -
I never said that you were feeble minded.
While there is a correlation between education and income, we still regularly seem to create entire companies led by undereducated people. It is the creativity and motivation of such folks, who would otherwise have degrees, that make this correlation one that is not chisled in stone. It is a generalization more than anything else. Everyone should be encouraged to become better educated. There are entire libraries of books that can more than compensate for college. The structure of the educational elite tends to put up roadblocks in this area, since that means less money for them. That's what the CLEP program is for.
Supply-siders. 20 years later and they still haven't figured it out.
Supply is where things come from, where wealth is created.
I'm surprised that some folks haven't figured out that the Reagan tax cuts proved, beyond any doubt at all, that as tax rates were lowered, revenue to the treasury went UP. Tax cuts lead to prosperity, raising all boats with a rising tide.
Indeed "twenty years later, and they still haven't figured it out."
You said a
mouthful.