Calendar
March 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031

The Scurrilous ClaimThat Republicans Want To Sabotage The Economy

This is a familiar claim made by some on the left, and it does not stand up to scrutiny.

Remember that many on the right are supply-siders. We know that reducing taxes will often spur an economy. We know this because it has been proven out a number of times. The most recent example would be the Bush tax cuts of 2003. GDP growth increased considerably after these cuts.

(click images to expand)

Income and Capital Gains tax revenue also increased. These cuts did not cost us, they did not increase the deficit, that is another common liberal lie.

Conversely, tax hikes are often recessionary, this is basic Economics 101 stuff.

If I were in the GOP controlled congress and I really wanted to sabotage the economy, I could do it easily. All I would have to do get a bill passed that increased the upper marginal income tax rate (and only the upper rate) to 40%. Then I would increase the Capital Gains tax to 25%.

By the way, for those of you who are (NEA union goon) math challenged, that is a 67% increase, not a 10% increase. Here is the math:

 

((25/15) -1) * 100 = 67% increase

If the Republicans in congress were not patriots, and if they were willing to make the country suffer to damage Barack Obama that is all they would have to do, raise taxes.  Isn’t this what Barack Obama says he wants?

Do you really think the Democratically controlled Senate would be stupid enough to actually pass a similar bill? Do you actually think Barack Obama would sign it?

I tend to think that even these poor misguided demand-side Keynesian fools would know better than to increase these taxes. But these hypocrites will still attempt to make people believe that tax increases would help reduce the deficit.

I think Barack Obama is clearly an economic illiterate, he must have been cutting class and smoking crack when he should have been attending lectures. So it is possible that he would go along with such foolish increases.

The result would be dramatic, and Americans would suffer economically far more than they are suffering now.

This silly claim is probably a matter of projection on the part of liberals and progressives. For them their cause is more of a pseudo-religion. Progressives would be far more likely to take action that would do great harm to the country, if they thought it would further their “noble” cause. Progressives are notably more un-American and anti-American. They are quite capable of putting their ideology ahead of their country. Republicans and conservatives are far less likely to put their ideology ahead of their country.

15 Responses to “The Scurrilous ClaimThat Republicans Want To Sabotage The Economy”

  • プープバッグ:

    プラダ バッグ…

    in this article. a lot more articles like yours had to comment to say It is refreshing to find people who write like they know what they are talking about…

  • TheBigOne:

    Why are Liberal blogs more restricting on comments requiring Google Plus *Ewwwwwww!* to comment on?

  • Faux post idiot:

    Thanks for your coments,I do agree that having a forum is important so it was a great idea to create one. I think it will help us to keep on topic here and we also will have a place we can go for personal stories and to ask for advice.

  • single screw:

    I am truly glad to glance at this blog posts which carries tons of useful facts, thanks for providing these information.

    Editor: Oops, lost that URL. 🙂

  • kneeling nfl knee pads:

    Wonderful blog you have here but I was wanting to know if you knew of any discussion boards that cover the same topics discussed in this article? I’d really like to be a part of online community where I can get responses from other experienced individuals that share the same interest. If you have any suggestions, please let me know. Many thanks!

  • minecraft:

    It is really a great and useful piece of information. I’m glad that
    you shared this useful info with us. Please keep us informed like this.
    Thanks for sharing.

  • minecraft:

    You need to take part in a contest for one of the best sites on the web.
    I’m going to highly recommend this site!

  • minecraft:

    I know this web page presents quality depending articles and additional material, is there any other site which provides these kinds of stuff in quality?

  • minecraft:

    I always spent my half an hour to read this weblog’s articles or reviews all the time along
    with a cup of coffee.

  • Ilse:

    Having read this I believed it was really enlightening.
    I appreciate you taking the time and energy to
    put this informative article together. I once again find myself personally spending a significant amount of time both reading
    and commenting. But so what, it was still worthwhile!

  • Shelia:

    Attractive part of content. I simply stumbled upon your weblog and in accession capital to claim that I get in fact enjoyed account your weblog posts.
    Any way I will be subscribing in your feeds or even I achievement you
    get right of entry to consistently fast.

  • Rory:

    Hi! Someone in my Facebook group shared this site with us so I came to
    look it over. I’m definitely enjoying the information. I’m book-marking
    and will be tweeting this to my followers! Great blog and terrific style
    and design.

  • green video games:

    Wow! This blog looks just like my old one! It’s on a
    entirely different topic but it has pretty
    much the same layout and design. Excellent choice of colors!

  • Sharika Diveley:

    Whats up! I simply wish to give a huge thumbs up for the good information you may have here on this post. I will be coming again to your blog for more soon.

  • video games:

    Hey very nice blog!