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Re: Several basics facts about US Debt and Spending..... Skeeve the Great Send a noteboard - 20/04/2011 03:51:19 PM
We’re examining Walsh’s statement [Rep. Joe Walsh (R)], "Every time we've cut taxes, revenues have gone up, the economy has grown." He said "every time," and that’s not the case. Revenues did not go up in 2001, 2002 or 2003, after tax rates were lowered. We also find it problematic to make hard claims about tax cuts growing the economy enough to increase tax revenues and helping balance the budget. Overall, we rate Walsh’s statement False.


I would think PolitiFact is not left or right biased, so we would take their finding more seriously.
PolitiFact
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Several basics facts about US Debt and Spending..... - 16/04/2011 04:41:55 AM 1143 Views
Well ... at least we've been here before ... ? - 16/04/2011 06:41:00 AM 664 Views
Guess we should have okay'd those death panels for old people then. Big money saver. *NM* - 16/04/2011 03:38:00 PM 340 Views
Yeah, those old people are draining the system..... - 16/04/2011 06:57:59 PM 647 Views
You're already worse off than much of Europe, honestly. - 16/04/2011 04:08:37 PM 781 Views
Re: You're already worse off than much of Europe, honestly. - 17/04/2011 01:33:31 AM 764 Views
Balancing our budget would be easy. - 16/04/2011 06:46:32 PM 598 Views
Also on the buying drugs from Canada idea - 16/04/2011 08:17:26 PM 714 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 01:59:44 PM 754 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 05:16:14 PM 922 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? - 16/04/2011 07:50:09 PM 1087 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* - 16/04/2011 08:25:26 PM 297 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. - 16/04/2011 09:19:40 PM 758 Views
Have you ever looked at those projections for a decade or two hence? - 16/04/2011 10:13:12 PM 697 Views
Yes I have - 16/04/2011 10:44:50 PM 828 Views
Erm, and you think total health care spending is not getting out of control? I'm a little confused. - 16/04/2011 11:02:52 PM 756 Views
Yes it's going out of control - 16/04/2011 11:17:59 PM 698 Views
Good, we agree on that much then. - 17/04/2011 09:59:17 AM 684 Views
Sorry, but that is a stupid opinion..... - 16/04/2011 08:38:35 PM 663 Views
Sounds like another bull. - 16/04/2011 09:31:05 PM 931 Views
Dude, the data is the data.....tax revenue increased all three times. - 16/04/2011 09:47:37 PM 874 Views
As I suspected, it's a bull. - 16/04/2011 10:02:05 PM 801 Views
Stop being a fool - read and react to the data provided, posting something..... - 16/04/2011 10:14:11 PM 569 Views
Response is - 16/04/2011 10:19:00 PM 787 Views
Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:28:44 PM 784 Views
Re: Good lord.....it's like talking to a brick. I really hope you are 12 or 13. - 16/04/2011 10:47:24 PM 745 Views
I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:11:19 PM 639 Views
Re: I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:26:02 PM 794 Views
Additional point - 16/04/2011 11:37:17 PM 799 Views
I've just noticed that you've provided charts from Heritage Foundation! Are you f.. kidding me? - 16/04/2011 10:13:46 PM 662 Views
All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:16:08 PM 673 Views
Re: All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:27:01 PM 789 Views
Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:35:44 PM 604 Views
Re: Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:49:33 PM 735 Views
Krugman is a shill for the Obama administration. - 17/04/2011 02:34:50 AM 614 Views
Re: Krugman is a shill for the Obama administration. - 17/04/2011 03:50:24 AM 838 Views
Some obesrvations by Republican economists - 18/04/2011 12:27:04 AM 975 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 04:00:52 PM 610 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 05:36:44 PM 595 Views
Useless fact about our presidents since 1945. - 17/04/2011 09:20:16 PM 856 Views
Re: Several basics facts about US Debt and Spending..... - 20/04/2011 03:51:19 PM 1028 Views

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