We’re off the cliff already, sailing happily through the air like Thelma and Louise, heading for the same inevitable end. There is no way to save us.
On the Bush tax rates: “The additional revenue would lower the deficit, but the Congressional Budget Office warns it would thrust the economy back into recession.”
Huh? How would their be “additional revenue” that would “lower the deficit” if, by their own admission, the higher tax rate caused a recession?
Why do these people assume higher tax rates equals higher tax revenue?
Especially when they obviously know (given the last part of the sentence) that higher tax rates hamper economic growth!
Summer 2011: GOP freaks out over deficits and spending
Summer 2012: GOP freaks out over deficit reduction and spending cuts
Summer 2011: GOP promises that cutting government spending will create jobs
Summer 2012: GOP warns that cutting government spending will cost jobs
What a difference a year makes.
Not that I accept Jim’s statements of GOP preferences at face value, but he opposed the GOP both times.
We’re off the cliff already, sailing happily through the air like Thelma and Louise, heading for the same inevitable end. There is no way to save us.
On the Bush tax rates: “The additional revenue would lower the deficit, but the Congressional Budget Office warns it would thrust the economy back into recession.”
Huh? How would their be “additional revenue” that would “lower the deficit” if, by their own admission, the higher tax rate caused a recession?
Why do these people assume higher tax rates equals higher tax revenue?
Especially when they obviously know (given the last part of the sentence) that higher tax rates hamper economic growth!
Summer 2011: GOP freaks out over deficits and spending
Summer 2012: GOP freaks out over deficit reduction and spending cuts
Summer 2011: GOP promises that cutting government spending will create jobs
Summer 2012: GOP warns that cutting government spending will cost jobs
What a difference a year makes.
Not that I accept Jim’s statements of GOP preferences at face value, but he opposed the GOP both times.
Think about it.