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Which assumptions, in this particular instance, are incorrect?They take the assumptions given them by the Congress and make projections based upon those assumptions. If the assumptions are wrong then the predictions are wrong and that happens most of the time.
LOL, unfunded tax cuts? Here are the budget items for the U.S.Govt. Do you see tax cuts as a line item? How can people keeping more of what they earn be an expense to the govt? where do you think corporate profit taxes come from?
Defense
International Affairs
Gen. Science, Space
Energy
Natural resources/env
Agriculture
Commerce
Transportation
Community Dev
Education/Train/Social
Health
Medicare
Income Security
Social Security
Veterans Benefits
Justice
General Govt.
Net Interest
That is not even an answer. But it is what I have come to expect.
We would have more revenue if not for the tax cuts.
Rinse, Repeat.
That is your opinion but then again I am sure you always spend more when you have less take home pay. Still waiting where corporate profit taxes come from?
I'm not having my taxes raised. :lol:
They come from profit. I know, we should tax them at only 1% then we could buy the world!
I can't help but notice that GOP cites the CBO with regularity when it suits their purposes.
As do the Dems.
These parties are playing their partisans.
Probably yet I never cite the CBO except to prove a liberal wrong when their original projections are revised, i.e. the healthcare costs that originally claimed that costs would go down but were then revised upwards showing that costs would actually increase which obviously makes sense.
I prefer actual data to projections when citing facts.
So you cite them when it suits your purpose just like Simon said:lamo
The answer is there, in one of the components of GDP. Go there an learn
What are the facts in regards to the effects of extending the unemployment benefits?Probably yet I never cite the CBO except to prove a liberal wrong when their original projections are revised, i.e. the healthcare costs that originally claimed that costs would go down but were then revised upwards showing that costs would actually increase which obviously makes sense.
I prefer actual data to projections when citing facts.
If you have the knowledge and you are so smart and you have the evidence at your fingertips stop playing a childs game of Hide & Seek and just come out with it. Lay out the facts and figures to demonstrate beyond any doubt that cutting taxes on the rich translates into more jobs for the poor slobs underneath the wealthy.
But please, no theory, no ideology, no opinions of other fellow travelers, no opinion columns from the Cato Insititute or others of that ilk. Just the hard and cold stats about tax cuts on the wealthy in 2001 and 2003 creating jobs and prosperity for the rest of us.
Do it please.
What are the facts in regards to the effects of extending the unemployment benefits?
And, where did you get them?
It is basic common sense that human behavior plays a major role in job creation.
How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?Since extending unemployment benefits costs the taxpayers money the benefits don't offset the expense of those benefits in terms of deficit, debt service, or economic growth. Most of the spending from unemployment insurance goes to what is needed and nothing else thus there isn't much benefit to economic growth or job creation. Further it destroys incentive to find a new job until those benefits run out.
So are you breaking with the various conservative, right wing and GOP spokespersons who keep insisting that we should extend the tax cuts on the wealthiest 2% because they insist it will create jobs? After reading your latest post that is what it certainly looks like to me.
How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?
How did we suddenly come to have a bumper crop of lazy people at the exact same time a global and national economic crisis? Could the two be linked? Does an economic crisis make people lazy?
Or could there be another explanation beside the sudden onset of laziness en masse as to why we have almost twice as many unemployed people than we have had in recent memory?
I would like to examine the source of your facts. Can you please provide a link to your source?
Why is it you have a problem with people keeping more of their own money regardless of the income level?
You, like some others here, seem to be hung up on only one tax - the income tax. The fact is that lower income people pay lots of taxes. And if you want my own personal opinion about the issue, I personally think that all people should pay taxes, even the poorest who only earns $100 a year. And they do through established taxes.Where is your outage over 47% of the income earners paying zero in net Federal Income Taxes?
And BEA.gov and BLS.gov have facts from the future instead of projections?I have given you two sites, BEA.gov and BLS.gov. There are 4 million more unemployed today vs. when Obama took office and since Obama took office the GDP job creation has been terrible with those millions collecting unemployment benefits. The results speak for themselves. No job creation, meagar economic growth, loss of tax revenue to the Treasury. Obama will claim that things could have been worse when the reality is one can only point to what actually happened.
he can't, or won't....he fails to understand the concept that we didnt get into the economic mess we are in overnight, but expects obama to be able to fix it in two years....he mistakes republicans doing well this last election as a mandate for republicans....those drawing unemployment , for the most part, are not lazy and just wanting to live off the government teat.....they are looking for work, but there are not jobs to be had yet....it is a slow 'jobless' recovery...i know several people who are unemployed, and who look for work everyday, and i would dare him to call them 'lazy' to their face...he would have his head ripped off and shoved up his arse....How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?
How did we suddenly come to have a bumper crop of lazy people at the exact same time a global and national economic crisis? Could the two be linked? Does an economic crisis make people lazy?
Or could there be another explanation beside the sudden onset of laziness en masse as to why we have almost twice as many unemployed people than we have had in recent memory?
I would like to examine the source of your facts. Can you please provide a link to your source?
haymarket;1059114171]from Conservative
Because I have heard all the weeping and gnashing of teeth from the right wing and they have made a believer out of me. They have convinced me that we have to do something about our outrageous national debt and it is something we have to do now. I will stand up proudly and salute the flag and follow the wishes of the conservatives and support steps to reduce the debt and deficit by allowing the already negotiated tax rates to go back to pre-2001 levels as promised.
You, like some others here, seem to be hung up on only one tax - the income tax. The fact is that lower income people pay lots of taxes. And if you want my own personal opinion about the issue, I personally think that all people should pay taxes, even the poorest who only earns $100 a year. And they do through established taxes.
And BEA.gov and BLS.gov have facts from the future instead of projections?
he can't, or won't....he fails to understand the concept that we didnt get into the economic mess we are in overnight, but expects obama to be able to fix it in two years....he mistakes republicans doing well this last election as a mandate for republicans....those drawing unemployment , for the most part, are not lazy and just wanting to live off the government teat.....they are looking for work, but there are not jobs to be had yet....it is a slow 'jobless' recovery...i know several people who are unemployed, and who look for work everyday, and i would dare him to call them 'lazy' to their face...he would have his head ripped off and shoved up his arse....
where is your outrage?
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