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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 1129 Views
Well ... at least we've been here before ... ? - 16/04/2011 06:41:00 AM 652 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 332 Views
Yeah, those old people are draining the system..... - 16/04/2011 06:57:59 PM 630 Views
You're already worse off than much of Europe, honestly. - 16/04/2011 04:08:37 PM 766 Views
Re: You're already worse off than much of Europe, honestly. - 17/04/2011 01:33:31 AM 744 Views
Balancing our budget would be easy. - 16/04/2011 06:46:32 PM 584 Views
Also on the buying drugs from Canada idea - 16/04/2011 08:17:26 PM 695 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 01:59:44 PM 734 Views
Re: Also on the buying drugs from Canada idea - 18/04/2011 05:16:14 PM 904 Views
Funny you mentioned WWII and 1968. Can you put tax rates at these times as well? - 16/04/2011 07:50:09 PM 1075 Views
Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. *NM* - 16/04/2011 08:25:26 PM 291 Views
Re: Not really. Even if you can substantially raise tax revenue, the entitlement problem remains. - 16/04/2011 09:19:40 PM 738 Views
Have you ever looked at those projections for a decade or two hence? - 16/04/2011 10:13:12 PM 680 Views
Yes I have - 16/04/2011 10:44:50 PM 811 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 739 Views
Yes it's going out of control - 16/04/2011 11:17:59 PM 680 Views
Good, we agree on that much then. - 17/04/2011 09:59:17 AM 669 Views
Sorry, but that is a stupid opinion..... - 16/04/2011 08:38:35 PM 644 Views
Sounds like another bull. - 16/04/2011 09:31:05 PM 917 Views
Dude, the data is the data.....tax revenue increased all three times. - 16/04/2011 09:47:37 PM 856 Views
As I suspected, it's a bull. - 16/04/2011 10:02:05 PM 788 Views
Stop being a fool - read and react to the data provided, posting something..... - 16/04/2011 10:14:11 PM 548 Views
Response is - 16/04/2011 10:19:00 PM 772 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 763 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 724 Views
I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:11:19 PM 623 Views
Re: I take it you mean "rate of revenue growth decreases". - 16/04/2011 11:26:02 PM 777 Views
Additional point - 16/04/2011 11:37:17 PM 778 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 647 Views
All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:16:08 PM 655 Views
Re: All the data is via CBO - do you know that the CBO is? - 16/04/2011 10:27:01 PM 773 Views
Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:35:44 PM 583 Views
Re: Nice try.....care to explain why the same exact thing happened..... - 16/04/2011 10:49:33 PM 714 Views
Krugman is a shill for the Obama administration. - 17/04/2011 02:34:50 AM 595 Views
Re: Krugman is a shill for the Obama administration. - 17/04/2011 03:50:24 AM 823 Views
Some obesrvations by Republican economists - 18/04/2011 12:27:04 AM 959 Views
You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 04:00:52 PM 587 Views
Re: You mean the Keynesian economist who wrote The Failure of Reaganomics - 18/04/2011 05:36:44 PM 582 Views
Useless fact about our presidents since 1945. - 17/04/2011 09:20:16 PM 830 Views
Re: Several basics facts about US Debt and Spending..... - 20/04/2011 03:51:19 PM 1009 Views

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