Laffering all the Way to the Bank

[dmcowen674]

Originally posted by: Ldir

Originally posted by: HeroOfPellinor

Originally posted by: Ldir

Originally posted by: HeroOfPellinor

Originally posted by: Ldir
I disagree. You ignore economic growth. In the best case, if Dubya's tax cut was responsible for 100% of economic growth, we broke even. Most economists acknowledge his cut had only a small effect on the economy. This means we lost most of the tax revenue economic growth should have created.

Dang...so where did it vanish to, eh?

It went into the national debt.

Well, I guess if it's in your and my pocket it's considered national debt then.

:roll: Do you have any clue what a debt is? There is an IOU in Washington with your name on it.

We are all a little dumber for reading your comment.


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Bush Apologists of America (BAA): pulling the wool over their own eyes since 1980

Ahahahhaaa

 

[HeroOfPellinor]

Originally posted by: Ldir

Originally posted by: HeroOfPellinor

Originally posted by: Ldir

Originally posted by: HeroOfPellinor

Originally posted by: Ldir
I disagree. You ignore economic growth. In the best case, if Dubya's tax cut was responsible for 100% of economic growth, we broke even. Most economists acknowledge his cut had only a small effect on the economy. This means we lost most of the tax revenue economic growth should have created.

Dang...so where did it vanish to, eh?

It went into the national debt.

Well, I guess if it's in your and my pocket it's considered national debt then.

:roll: Do you have any clue what a debt is? There is an IOU in Washington with your name on it.

That's fine with me. Much better than the other way around, comrade. A spike in the economy or some cut spending and all is well again...but you won't have your socialist utopia so, :brokenheart: