Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan | Page 2 | TigerDroppings.com
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Willie Stroker
LSU Fan
Member since Sep 2008
4588 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan

I'm pretty sure that Feldstein is the same guy who once served as an Obama economic advisor. If memory serves me correct, he ended up being critical of the 2009 stimulus package.

Obama seemingly ignored his advice then, and now misrepresents his position paper on it.

Feldstein may need to start opening a can of whoopass...or whatever it is that 72 year old Harvard Economists do to clear their name in response to being dissed.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

But you're assumptions aren't dishonest right? It's completely honest to assume that their will be no growth right?


No, my assumptions are honest. Right now, GDP growth is a very shaky about 1%. To assume a doubling or tripling at a minimum just to pay for the cuts is ridiculous. And not close to supportable.


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Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts.

fricking barner




I said to educate yourself ignorant gump. When you have a better understanding than what you are showing, we can talk. NOT before.


GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
22620 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

quote:
Bush Tax Cuts brought in record revenue you partisan hack


Educate yourself son. Then come back and talk to me.




You make the same assumptions you claim to be against. You just assume that since revenues went up with the cuts, that they would have gone up even more without them. It's simpleton logic.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

And so it begins.

First one ....we love it (although it was only 1 article they hang their hat one)

2nd one....Oh now ARTICLE FUNNY NOT SO FACT NO MORE


Nice. You showed me. Good rebuttle. I see you have a good grasp on things.


JohnnyKilroy
New Orleans Pelicans Fan
Member since Oct 2012
8911 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

It's simpleton logic.


This.

He's getting pretty absurd.



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RTR America
Alabama Fan
Memphis, TN
Member since Aug 2012
30351 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

I said to educate yourself ignorant gump. When you have a better understanding than what you are showing, we can talk. NOT before.


You said I was wrong about the Bush tax cuts increasing our tax revenues to record levels and proceeded to prove you wrong. Bush's spending is what fricked us along with multiple other things. It was not the fault of the Bush Tax Cuts. You can also look at how Reagan lowered income taxes across the board also improved our economy.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

You make the same assumptions you claim to be against. You just assume that since revenues went up with the cuts, that they would have gone up even more without them. It's simpleton logic.


No. I can link you to at least a dozen articles and analysis that shows the cuts DID NOT pay for themselves.

You will not be able to link me to ONE article that claims the Bush Tax cuts completely paid for themselves. No one, even the GOP or bush administration has ever even made the claim because it is so fricking stupid. Yet a lot of you on here are convinced of it. And that is the problem with this board. All sorts of sound and fury with little intellect or understanding to back it up.

Go ahead and try to find something that says the bush tax cuts completely paid for themselves with increased economic growth.

Go for it.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

You said I was wrong about the Bush tax cuts increasing our tax revenues to record levels and proceeded to prove you wrong.


Your cause and effect analysis is comical at best. Disturbingly ignorant at worst.


Willie Stroker
LSU Fan
Member since Sep 2008
4588 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

Feldstein may need to start opening a can of whoopass...or whatever it is that 72 year old Harvard Economists do to clear their name in response to being dissed.


Apparently the can of whoopass they (Feldstein and Rosen) opened is making sure their names are added to a website along with 558 other economists cleverly called "Economists for Romney" LINK


Bunch of tough guys right there.


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GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
22620 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

I can link you to at least a dozen articles and analysis that shows the cuts DID NOT pay for themselves.


What does this even mean? People kept more of their money through lower marginal tax rates, and revenues increased. Are you saying that they didn't pay for increased spending?

Why don't you link me one or two of the dozen articles that give you your opinion. Try to give me one that explains what pays for itself means.


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RTR America
Alabama Fan
Memphis, TN
Member since Aug 2012
30351 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
Washington Times: Bush Tax Cuts boosted federal revenue

Whitehouse.gov

AP revenue hits record high in April

money.cnn.com

"The biggest argument for extending the tax cuts right now is our economy is very weak, and raising taxes during a recession, or the recent weak recovery from the recession, could reverse our economic growth," Roberton Williams, a senior fellow at the Tax Policy Center, noted in one of the group's videos.

Republicans and a small but growing number of Democrats say the cuts should also be extended for high earners, at least temporarily because the economy is too fragile to raise anyone's taxes.

Treasury estimates the costs of making the tax cuts permanent for everyone is $3.7 trillion over 10 years.

Of that, $3 trillion accounts for the cost of extending them for the vast majority of Americans, as the president has proposed. The remaining $700 billion is the cost of extending them permanently for the high-income earners.

Bush's Tax Cuts aren't the problem - it was his tax increases

ETA: You seem to forget we fought 2 wars during this time....
This post was edited on 10/8 at 1:19 pm


Willie Stroker
LSU Fan
Member since Sep 2008
4588 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

You cannot take a huge gamble on the hope and prayer that it will just magically work out.


Try telling the 2008 Obama voters.


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ReauxlTide222
Alabama Fan
St. Petersburg
Member since Nov 2010
13348 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
:boom?:

Hey Miami...you've seemed stressed as of late. What's up? You usually take time to help me with questions I have over here so you're one of my favorite Auburn posters.


GRTiger
USA Fan
On a roof eating alligator pie
Member since Dec 2008
22620 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

Your cause and effect analysis is comical at best. Disturbingly ignorant at worst.


Your shtick of trying to come off as some economic genius is also comical. Weren't you supposed to link some grand post about Romney's tax plan for SFP earlier this morning?

And is that the same post you were supposed to make about the comparison between Obama's and Romney's economic policies, except that you just work so hard you had to research and get back to everyone at a later date?

Is that what you are doing right now? Trying to find some article to give you your next point to make? I assume the constant personal attacks are original thoughts.


Newbomb Turk
Navy Fan
perfectanschlagen
Member since May 2008
9961 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

But...but...but...CNN swore the fact checkers had this right...it can't be, it just can't be.


And, don't forget, that last bastion of pure journalistic integrity and economic brilliance, Aaaaaaaaaaaaaaaaaaaannnnndrea Mitchell swore on one of Odumbf*ck's television ads that Mitt Romney is lying -- so, therefore, it must be true.


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Elcid96
LSU Fan
Member since May 2010
5443 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

You showed me


I know

quote:

Good rebuttle.


Thanks

quote:

see you have a good grasp on things.



Thanks again for pointing out the obvious



I guess you are one of those hacks who likes to cut their nose to spite their face. You prolly think it is a great idea to raise taxes on capital gains as well.

That will be all Mr. Predictable.


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notslim99
LSU Fan
Jewel of the South
Member since Feb 2005
3702 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

Tiger n Miami AU83


Geez dude. If I were liberal, I'd tell you to shut the frick up right now. You have been shown a hack in every possible facet that can be measured in this virtual environment we call Tigerdroppings. Facts given that you can't rebut, no facts given by yourself to counter, general party-line hackery defined by your threats to produce facts of significance with links yet none have you produced. That takes talent.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:


Washington Times: Bush Tax Cuts boosted federal revenue

Whitehouse.gov

AP revenue hits record high in April

money.cnn.com

"The biggest argument for extending the tax cuts right now is our economy is very weak, and raising taxes during a recession, or the recent weak recovery from the recession, could reverse our economic growth," Roberton Williams, a senior fellow at the Tax Policy Center, noted in one of the group's videos.

Republicans and a small but growing number of Democrats say the cuts should also be extended for high earners, at least temporarily because the economy is too fragile to raise anyone's taxes.

Treasury estimates the costs of making the tax cuts permanent for everyone is $3.7 trillion over 10 years.

Of that, $3 trillion accounts for the cost of extending them for the vast majority of Americans, as the president has proposed. The remaining $700 billion is the cost of extending them permanently for the high-income earners.

Bush's Tax Cuts aren't the problem - it was his tax increases

ETA: You seem to forget we fought 2 wars during this time....


You still appear to be missing the crux of the discussion.

And NONE of those make the claim I asked for.

The claim is that the tax cuts paid for themselves. They did not and everyone knows this.

You guys really do not have the basic understanding necessary here.

You are arguing the tax cuts resulted in record tax revenues. That is simply not true, close to true, or even a claim anyone is making.


Tiger n Miami AU83
Auburn Fan
Miami
Member since Oct 2007
37712 posts

re: Princeton Economist: Obama Is Misrepresenting My Study on Romney's Tax Plan
quote:

Geez dude. If I were liberal, I'd tell you to shut the frick up right now. You have been shown a hack in every possible facet that can be measured in this virtual environment we call Tigerdroppings.


Found your problem.

And I am certain that there are posters who are reading this discussion and realize the fallacy of trying to claim the Bush Tax Cuts resulted in record tax receipts, when in fact they resulted in a net decrease to tax receipts.


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