"You equate the idea of lowering marginal tax rates with less revenue for the federal government," Boehner cautioned. "We've seen over the last 30 years that lower marginal tax rates have led to a growing economy, more employment, and more people paying taxes. And if you look at the revenue growth over those 30 years, you've got a prime example of what we've been talking about."I've got news for you there OJ, the "spending problem" is your "Bush Tax Cuts" problem.
This is practically the reverse of the truth. In the years after the Ronald Reagan and George W. Bush tax cuts, economic growth and employment were significantly lower than they were after Bill Clinton's 1993 tax increases. According to Michael Ettlinger and John Irons of the Center for American Progress, "Over the seven-year periods after each legislative action, average annual growth was 3.9 percent following [Clinton's 1993 tax increase], 3.5 percent following [Reagan's 1981 tax cut], and 2.5 percent following [Bush's 2001 tax cut]."
But beyond the factual contradiction, Boehner appeared to be in denial about the real impact of the Bush tax cuts. Another reporter followed up: "Are you saying that the Bush tax cuts didn't effect the deficits that we're in now?"
Boehner halted for a moment, then shrugged: "The reductions in '01 and '03 were to respond to an economic problem. '01 was done before 9/11. '03 was done in response to what happened to the economy. But that's not what led to the budget deficit. It's not the marginal tax rates. If you look at the problem that we've got here, it's a spending problem, that has grown over the last five or six years. A real spending problem. "
The Bush tax cuts got us into this mess. MORE tax cuts will not get us out. Besides, listening to the economic theories that created this mess and then repeating those same mistakes seems like a pretty stupid idea if you think about it. What kind of shape would our economy be in if we weren't still bogged down in two wars and dealing with Bush's multi-trillion dollar gift to his buddies?
Only now, the Serious Washington Centrist have decided that somebody needs to pay for it through massive spending cuts.
PS, the massive spending cuts aren't going to affect the people who can afford to live without them.
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11 comments:
The Bush tax cuts got us into this mess
Who would have thought a simple tax cut would cause the worlds markets to completely shit themselves
Obama's handling of the economy since then have had no impact on it.
Liberal rule 1: Blame Bush for any shortcomings.
Guess Obama should practice what he preaches and not make excuses
Fail statement is fail.
Huh, it seems Booger comments on every single Zandar thread as soon as it's posted... as long as it's posted M-F during work hours.
From this we can begin to deduce clues to his identity.
Computer access: Booger Eater has access to a computer at work but lacks internet access from home.
Or else he has internet access from home, but doesn't visit Zandar's blog on his own time.
Why would someone who rushes to post a comment on every single thread Zandar posts, whether or not Booger has any actual point to make or not, stop doing so when he's not at work?
What do we call what someone does with their time M-F that they don't do on their own time?
We call it their job.
Booger is Michael Steele.
From the comments people have pointed out correctly that Zandar has posted on articles that have appeared weekdays M-F and has done so several times as a matter of fact.
In fact I'm willing to say he's doing so at work and in full view of other people who can see him doing so.
I know the company I work for has a policy against such practices. No offense, but if Zandar is posting from work, there will be evidence an even halfway competent infosec department will have collected.
The internets are so sophisticated nowadays that a youngster like Zandar can write and save a post, then set it to publish at a preset time.
So there's that.
But again, in spite of your efforts to change the subject away from scrutiny of your fellow conspirators, my comment was not about the timing of our host's posts, it was about the comments of Booger Eating Moron.
Cajun, you're here on a weekend. So either you and he are job-sharing this assignment or you actually enjoy coming here when you're not being paid to do so.
Dismissed.
In the ongoing battle of wits Allan keeps proving that he is undoubtedly unarmed. Then he goes on nonsensical rants including lame insults such as "Booger Eater" in hopes that will make him appear less fail than he really is. He's a worse hack than the blog writer spouting off fail talking points trying to mix in trolling humor without even the slightest clue about what being a troll means.
Still. Fail.
PS Nice detective work Dick Tracey :-)
You're welcome, Booger.
It's good that the RNC finally found something insignificant and invisible enough to keep you busy all day at the RNC.
Do you get a cookie for every five posts?
If there were cookies involved I'd write my own blog...
I wish you would move out from the basement and get a blog of your own, Booger.
I promise to comment there frequently.
Nah blogs where someone isn't affiliated with a party and doesn't spout off talking points isn't nearly as interesting.
Plus I can address your fail comments here, and still address issues with Z :-)
Oh, I am supremely confident your blog would be very boring. But I'm glad you recognize your significant limitations as a writer.
If I didn't then I would be a hypocrite since I tell folks like Z and yourself to learn your limitations.
You fail at trolling and should probably stick to brown nosing.
Also an interesting read...
http://www.politico.com/news/stories/0610/38468.html
"Previewing his message for the midterm congressional elections in November, the president said: “[T]he Democrats in Congress have taken tougher votes, have worked harder under more stressful circumstances, than just about any Congress in our memory. And they’ve done a great job and deserve reelection.”
Hilarious.
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