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Originally posted by ProfEmeritus
reply to post by LostNemesis
Look, lately these threads have been populated by people that get a "throw-away" sign-on, post ridiculous comments, then disappear. Suggesting that we get rid of our military if someone tries to invade us and instead just use WMD's fits the description of such comments. Although the name changes, the writing styles do not, and it is usually very easy to spot them.
Originally posted by Bunch
An example of that is when Bill Clinton rose taxes to a good portion of the middle class and the rich in the 90's...what happen? The biggest boom in the economy EVER and the lowest level in unemployment seen in decades.
Originally posted by Bunch
reply to post by jsobecky
You are absolutely wrong about this one!
The economic boome that was experienced during the Clinton prresidency was accross the board and the stats are out there for you to research.
Obama says we have to start paying are bills and if that means raising taxes on some, it's needed.
The first year that payments will exceed income for Social Security will occur in 2017, just nine years from now, reflecting growing demands from the retirement of 78 million baby boomers. Medicare is projected to pay out more than it receives in income starting this year.
FACTBOX-Details of U.S. Speaker Pelosi's agenda for 2009
Originally posted by Bunch
reply to post by jsobecky
Wha are you showing is a complete ignorance on how tax policy can affect the economy.
If you look at Hauser's Law it shows that no matter what way taxes go the federal tax revenue of the country GDP will stay the same.