re: Want Proof Tax Cuts Don't Stimulate the Economy? Look at Kansas

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Well, go back and look at how Reagan's tax cuts were also a clear and colossal failure.

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Which ones....specifically.

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Well, go back and look at how Reagan's tax cuts were also a clear and colossal failure.

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Do you really want to compare Reagan's employment rate to Obama's?

So the police and army protection and the free education for your children...is that WRONG too?

What are you...an anarchist?

Regans tax cuts were a failure.


You ignorant commie, such idiocy from people who don't have a clue and probably doesn't have a pot to piss in.

Reagan cut taxes and triped revenue to to the government coffers, this is a fact idiot.

Why did we gain debt then has to be the question you are groping for.

You had a Democratic House, and all expenditures are appropriated by the house, so when you are the president you don't rule the country, you have to make concessions to the other side, who love to spend money like drunken sailors. Also the feds under Jimmy Carter brought forth many new programs that had to be paid for. Like the Educatin Department etc etc.


Reagan cut taxes and tripled revenue, which means we had a spending problem, as is still the case.

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samson'sseed

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Do you understand what I earn belongs to me first? Taxes I pay to the local government provide for services for the common good? They are not so the government can run a surplus.

Statist gonna Statist.

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Well, go back and look at how Reagan's tax cuts were also a clear and colossal failure

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Excuse me, but I lived through the economic mess that Lyndon Johnson's economic and social policies created. It took the Reagan tax cuts to restore economic health to our country. I don't suppose you went looking for a job, or tried to buy a house, during Carter's time in office. If you had, then you'd look at Reagan's economic policies much more favorably.

I just went back and actually read the OP article. I was expecting it to be slanted, possibly overtly so, but I was actually shocked by it.

It was so vapid, so hackish, that I am shocked TT9 hasn't come in to cheer it.

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yup

one state and 1.5-2 years of data

it's over. keynes won

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Really??? One nation and a 52 year old experiment has proven time and again that trickle down economics does not work unless the goal is to make wealth more concentrated and the gap bigger and bigger. If that is your end game, and, by the way, it has been for the GOP and the Kennedy's who started the whole slide, then trickle down economics works like a fricking champ. If, however, your goal is to stimulate a consumer driven economy then measures that concentrate wealth and income in fewer and fewer hands ain't the best of ideas.

We have just about borrowed all we can as residents of the middle class, we now have to have two incomes to get ends to even be close enough to holler at one another, forget about tying them together, and we simply don't have the income to buy the shite that the top 20% produces and sales. Yet here we are, more than 50 years since Kennedy suggested rising tides would raise all ships, and we are still so unbelievably naive that we still repeat what the 1% tells us is in our best interest because we are terrified to acknowledge the fact that our "betters" (financially speaking) don't know anything more about money than a fricking street thug who will rob the pennies off his dead mamma's eyes.

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Consumers created iPods & Cars & raise cattle, etc, etc.

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If it weren't for consumers no one would have done anything of those things. Who the frick would bother with a stupid, stinking cow beyond the number required to feed his own family if there was not a market for those cows> No one that I ever knew would keep a large number of cows as pets....they keep them because cows taste good and folks like to pay to eat the dammed things. The same idea applies to any other product or service.

Can you name a single job producer who does not have customers?

There have been lots of businesses and corporations who did not have customers and they don't last long. Why didn't those owners simply produce more jobs???? Because anyone who has ever actually ran a business knows that they ain't created anything other than their position...it is their customers demand for their products and services that made them or didn't.

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You're referring to the time he cut taxes, and both the economy and tax revenues grew, and this was sustained for a period much longer than the window examined in the OP?

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It never happened without an increase in government spending. The reason is because even the staunchest of supply siders knows full well that tax cuts have never in the history of the western world paid for themselves....revenues ALWAYS fall....in fact Laffer knew this from the get go...so, in order to keep the economy from doing a Kansas nose dive spending is increased which in turns spurs the economy and stabilizes and even raises revenue.

There has never been a supply sider who didn't increase spending to keep the truth about tax cuts from being discovered....but ya'll go ahead and keep supporting the idea....we have been experiment with it since the early 60's and we are in EXCELLENT shape as a result....that was sarcasm by the way....