Why don't liberals understand pro-growth economic policies??

Question

Especially how the Bush tax cuts affected from the filthy rich down to families.
Yes, the rich got the cuts to, but so did families.
It works like this. Big and small business get the tax cuts, making room for more investment and hiring into the business creating jobs.
If I owned a company, and taxes were increased, I would lay people off to, and so would any business smart liberal.
The tax cuts also affected individual families with across the board decreases. I'm paying around 15% in FICA now where as I was paying around 19% under Clinton. Also, there is the child tax credits to take into account.
Relish this. If the tax cuts aren't extended. An average family of four can expect their income tax bill to go up approximately $4000.00 a year. That of course would be higher or lower depending on their income.

The Dems have said repeatedly that they won't increase taxes. Sure they won't up front, but their plan is to not extend the cuts which will increase the taxburden on citizens, at recent estimates being around the $400 billion a year.
I would call that just a wee bit significant.

To Pip:
So I should lower my standard of living for "joe blow" down the street that I don't even know?? That is what tax increases do my young friend.
You must still be in college listening to your professors with open conviction.

Thats called socialism. The equal distribution of misery.

Answer 1

They don't understand it because they don't understand the corporate world. Just who do the libs think employs the country... I'm sure their answer will be.. "what does employ mean? or the Government!". Look, corporate America answers to only one master... the almighty dollar. They don't care who is in office, Dem or Rep. The bottom line will determine how many people the hire, how much they will expand and how much money they will dump back into the economy. When the Dems hike the taxes up... companies will cut back. SOME WILL EVEN MOVE MANUFACTURING TO OTHER COUTRIES TO REMAIN COMPETETIVE.... awe thanks Billy and the dems!

Finaly, just to educate "Pip" a little bit.... we have more social programs than you can shake a stick at... we even have social programs for social programs it seems. A majority of these programs are aimed at those in larger cities and those around the poverty level. These programs have been around for years and years and years.... how do those inner cities and higher poverty areas look? Are these same old tired programs working? Have you given these people a better life?... or just an excuse to continue to feel down on themselves month after month because you are basically telling them that while the rest of the country has made it or is struggling but still making it, they can't possibly do it. I'm not against all social programs but there has got to be accountability to them... this is what the dems lack. It's really their way of buying votes. How about trying to give these people a fair shot for once. If you have or ever have children are you going to allow them to live at home and mooch off of you as long as they want... or are you going to try and teach them to be independent? My guess is you will try ands teach them to be independent. Don't you feel those less fortunate deserve the same?

BTW... unemployment in the 4 % range and more people owning homes than ever before. Something your precious Billy never accomplished... even with his "roaring economy". How is this explained?

Answer 2

If I own a cow all the profits from the sale of the cows milk belongs to me. Thus the idea of more taxes as citizens are property of the state like in the old system of serfdom. we are tax serfs and work only for the noble cause of paying taxes.
If I own a slave I take the money the slave earns but I don't waste it on the slave but I take the wages to spend on what I like. The slave has no consideration in this matter and as a tax slave I can not have my desires met when our Democratic overlords or Furhers decide what their desires are first last and only.
Democrats understand supply side economics and hate the idea. As a free society that is not dependent on their welfare checks we will abandon them on the trash heap of history.
Your question indicates you have some silly idea that the liberals want what is best and that is not so; they only desire what is politically correct and advantages to themselves.
One ot their tactics is to introduce Marxist class warfare into our society and create a hatred toward any class they can isolate ie the rich or those of different color like Charles Rangel (D-NY) calling all white people Jackals

Answer 3

Why don't cons understand that the Dems way of doing things raises the standard of living for everyone? What's more important and makes for a better nation? To have little middle class and have lots of rich and lots of poor.. or to have a healthy, striving middle class? It's option B there, and that is what the Dems bring to the table.


do you really think paying a little more in taxes is going to lower the standard of living for the rich? no it will not.. they will still be rich.. if they decide not to get that 4th yacht because of taxes well boo freaking hoo.. America made them rich.. they would be nothing without it.. so it won't hurt them to give back to what has allowed them to become what they are.. and guess what.. when the entire standard of living starts to move up.. and we have a healthy middle class.. even the rich will be elevated... it raises the whole nation.. not just a part of it which is what the republican plan does. And, I graduated from college.. but if someone with a doctorate thinks it's a good idea just how much education do you have to dispute that? that's what I thought.

Answer 4

You mean policies that created growth like this?

WASHINGTON — Economic growth slowed to a near crawl of 1.3 percent in the first three months of 2007, the worst performance in four years. The main culprit: the housing slump.

The fresh reading on gross domestic product, released by the Commerce Department on Friday, was even weaker than the 2.5 percent growth rate logged in the final three months of last year. The new figures underscored just how much momentum the economy has been losing as it copes with the strain of the troubled housing market, which has made some businesses more cautious in their spending.

The first-quarter GDP figure was the weakest since a 1.2 percent pace registered in the opening quarter of 2003. GDP measures the value of all goods and services produced within the United States and is considered the best barometer of the country's economic fitness.

Answer 5

Trickle down economics DOES NOT WORK. It doesn't matter what you call it. President Reagan did many wonderful things for our nation, but that wasn't one of them. The rich became wealthy by spending less than they make- giving them more won't increase their spending. If the goal of business was to hire as many people as possible while still turning a profit, then your theory would hold water. But it isn't. The goal is to keep the profit margin increasing so the shares look attractive to investors. They're still going to run the leanest operation possible.

It's a logical fallacy to assume that what's best for Corporate America is best for all of America. I'm glad cuts have worked out for you, but they did far less for you than it did for the filthy rich, and they're the ones who provide the budget for the government. Tax cuts to that base only increase defecit spending.

Did you know that 87% of all statistics are made up on the spot? Is the average family of 4 suddenly bringing in $200,000.00 per year now? That's the only way I see your $4,000.00 increase. Otherwise, I think you might just be above average. Congratulations.

Answer 6

The democrats have never met a tax increase they did not like. They will find a way; eliminating the tax cuts Bush got passed is just one way. You have to understand the liberal mind set of the Democratic party:

1) You can't do better then them with the money so you should give it too them.

2) There is never a bad government program that can't be improved with more tax dollars.

3) The rich (those with jobs) deserve to pay more.

Answer 7

The reason why they don't understand it is because they are incapable of thinking about economics other than in a linear fashion.

The Laffer Curve is really simple and obvious. At a 0% tax rate, there's no revenue. At a 50% tax rate, there is some revenue. What Democrats fail to grasp is that at at 100% tax rate, there is also no revenue. They think that any increase in the tax rates will result in more revenue. They are completely incapable of understanding the cumulative effects of people's individual decisions in making that false.

Answer 8

Im going to tell you one thing, Ive been poor and since then have moved from poor to poor middle class. Everytime they raise taxes on the rich, I benefit nothing and in fact get unemplyoment as a result from not being able to find a job thanks to job-killing taxes.

Answer 9

They believe their ill-defined goal of "fairness" trumps economic reality.

Winston Churchill said it best: "The inherent vice of capitalism is the uneven division of blessings, while the inherent virtue of socialism is the equal division of misery."

Answer 10

That would be nice if it actually worked, but real-life data from the last 20 years shows the rich getting richer and poor getting poorer. TIme for a new approach, trickle-down is dead.