Have conservatives ever bothered to gather all the historical economic data?

Question

on real GDP, inflation adjusted tax revenues, inflation adjusted median household wages, poverty rates, net jobs created, and national debt to see if their economic theories really hold weight?

I have.

It turns out Keynsesian Democrats like FDR, JFK/LBJ, and Clinton beat supply side Republicans like Reagan and Bush Jr on practically every category. The percent increase in real GDP, tax revenues, net jobs created, and median wages is higher under Dems then Republicans. Poverty drops under Keynesian Dems and tends to increase or stay the same under supply siders. I have posted the evidence numerous times. If you would like to convince yourself go right ahead. Look for the data I just listed. You will find it. Gather it all into one big excel sheet, find the percent increase, and go ahead and plot it if you'd like.

A few items to note. JFK never cut taxes. He was killed before he had the chance to. The JFK/LBJ tax cut of 64' was not a real tax cut. Tax rates were lowered but tax loopholes were closed resulting in a net increase in tax revenues. Historical budget data will prove that. On the other hand, tax revenues dropped significantly under Reagan and Bush Jr because their tax cuts were HUGE.

What JFK and LBL were known for were their social programs. JFK for his "New Frontier" and LBJ for his "Great Society."

Another thing, if you think FDR is unfairly taking credit for growth due to WWII, just take the percent increase from the time he became president to right before WWII. You will find the percent increase in real GDP to be nearly twice as high as the next competitor (JFK/LBJ).

Answer 1

have you taken eco 101 (I have) because you continue to say the same garbage over and over yet still cant figure out a basic principle in eco. Corrolation and causation. here try this graph it may help

http://www.antikicafe.com/mt/archives/2005/08/global_warming.html

Answer 2

Maybe supply-siders can understand this.

Republicans give tax cuts to the wealthy during a recession and high unemployment because "they create the jobs". What wealthy business owner is going to build another factory when they can't sell what they're already making?

When an economic downturn begins Democrats give most of the tax cuts to the middle-class. They go out and buy the rich person's product. The business owner starts hiring again. Those newly hired also spend their money on products. All of a sudden demand is so high, businesses are started or expanded.

If Bush had given an immediate tax cut to the middle class in 2001, the recession wouldn't have lasted nearly as long and the stock market would have been much higher.

Most wealthy business owners understand this. Why can't the trailer park Republicans?

Answer 3

Keynesian policies can have a positive effect on some economic measures, and they can help pull the economy out of certain types of recession (though WWII is what really ended the Great Depression), but, they have consequences of thier own. The hyperinflation and economic malaise of the 70s, for instance, was brought on by such policies in prior decades - and the Democratic President you leave out of your analysis, Jimmy Carter, reaped that bitter harvest. And, the terribly Keynesian program known as Social Security has become a ticking timebomb.

When you look at what happens under one president, though, you're often seeing the results of things that have nothing to do with his policies. For instance, the reduction in inflation in the early 80's was in part due to changes in Federal Reserve policy by Paul Volker at the urging of the President, but it was also due to falling energy prices that had nothing to do with presidential policy. The 90's boom happened under Clinton, but it was due to a new technology - it'd've happened if Peewee Herman had been president.

Answer 4

Your premise is in accordance with flawed information. I ensue to have lived in New Jersey all of my existence. contained in the perfect 50 years we've seen proper the following agencies go away simply by severe taxes: Ford Motor corporation commonplace vehicles Chrysler We no longer produce any vehicles in New Jersey. at the same time as then Governor Florio pushed with the help of the biggest tax hike in State heritage, many small and medium agencies fled. some were replaced by others that fled the even extra draconian taxes in lengthy island. despite the indisputable fact that the perfect social gathering grow to be Florio's 15% tax on yachts. We had quite a few very tremendous yacht outfitting agencies in New Jersey. at the same time as the yacht vendors heard the about the arriving tax, all of them cancelled their orders and went elsewhere. There are literally not any yacht outfitting agencies in New Jersey. to ensure that your premise to be splendid, it truly is uncomplicated to ought to imagine agencies are stupid. Why might want to they do company in a State with severe taxes in the experience that they could do company in States with low taxes? except there's a extra compelling reason, which include effectively experienced paintings rigidity or desire to be in close proximity to lengthy island or coastal elements, they received't. many who have stayed are extensively smaller and characteristic moved as a lot of their operations as plausible out of recent Jersey. i do not comprehend why it truly is so not uncomplicated for you to appreciate the common sense? Do you no longer see human beings force out of their thanks to purchase gas at a more reasonably-priced fee? Do you no longer see purchasers bypass previous interior of reach shops to purchase nutrition in supermarkets? what's diverse about agencies? *

Answer 5

I say it is time for Liberals to put their money where their mouth is. If you want to pay more taxes (and all Liberals apparently do) then why don't you make a check out to the IRS and send it to them?

YOU ARE A JOKE!

Answer 6

stop , enough already. they only get their information from Limbaugh who we all know is the Minister of Misinformation. You will only confuse them with true facts.

Answer 7

Facts are holy water to the demon repugnicons.

Answer 8

it's so sad, the people who should be reading your post never will.

Answer 9

No. Facts do not matter to them.