I ask this because it is obvious cons and liberals have different ideas about how best to grow the economy.
Liberals believe that by shifting taxes to those who can better afford it (the rich) and creating laws and programs that help the little guy work his way up, you can create a larger more educated middle class and better growth.
Cons believe that cutting taxes (mostly for the rich) and deregulating leads to more growth. In fact, they believe social spending (such as education, job training, GI Bills, etc) leads to more poverty.
AND YET TIME AFTER TIME THEY ARE PROVEN WRONG, AND HAVE TO COME UP WITH EXPLANATIONS (EXCUSES) ON WHAT THEY SAID WAS GOING TO HAPPEN DIDN'T HAPPEN.
2007-07-24
16:44:00
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3 answers
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asked by
Anonymous
in
Politics & Government
➔ Politics
I'M ALWAYS PROVIDING STATS FROM OFFICIAL SOURCES PROVING THE ECONOMY DOES BETTER WHEN DEMS ARE IN POWER
AND WHAT DO CONS DO?
COME UP WITH EXCUSE AFTER EXCUSE. OH WELL THIS, OH WELL THAT.
2007-07-24
16:50:44 ·
update #1
SAMPLE EXCUSE I'VE HEARD BEFORE:
Well the economy grew so much under FDR because he came from the Great Depression. It doesn't matter that the economy tanked for FOUR straight years after 1929, it was bound to go up.
Reagan, on the other hand, had to deal with a recession. That's why his growth numbers are lower.
So yes I can see how I'm a hypocrity by pointing at the Great Depression as a good thing for FDR but the recession under Reagan as a bad thing.
2007-07-24
16:52:42 ·
update #2
I always list my sources. Compare the percent increase for all presidents for yourself. You will see Democrats dominating.
REAL GDP
http://www.bea.gov/national/xls/gdplev.xls
INFLATION ADJUSTED TAX REVENUES
http://www.whitehouse.gov/omb/budget/fy2007/sheets/hist01z3.xls
POVERTY RATES
http://www.census.gov/hhes/www/poverty/histpov/hstpov2.html
MEDIAN WAGES
http://www.census.gov/hhes/www/income/histinc/h06ar.html
JOBS CREATED
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet?data_tool=latest_numbers&series_id=CES0000000001
2007-07-24
16:58:15 ·
update #3
Public education, state owned and subsidized universities, job training, GI Bills, student grants, subsidized loans are all forms of social spending and wealth redistribution.
It is taking from those who have more (because of our progressive tax system) and giving to those who have less.
2007-07-24
17:02:02 ·
update #4