# The Laffer Curve debunked; Part One

It all began, back in the day, with the Laffer Curve.

In the early ’70s, economist Arthur Laffer and his acolytes began preaching a very simple idea: By cutting taxes — always a politically popular move — it was possible to actually increase government revenue. As the story goes, Laffer illustrated the seemingly magical concept for Dick Cheney, among others, by drawing the curve on a cocktail napkin in a Washington hotel bar. (The versions published here, created by yours truly, attempt to honor the original in their crudeness. At least that’s my excuse.)

Figure One

The idea was quickly seized upon by leading Republican conservatives, who used it to justify major tax cuts in the early ’80s and have continued to do so ever since, under the rubric “supply-side economics.” And under the right conditions, the argument behind the Laffer Curve does make some sense.

Without a doubt, excessively high taxes can strip needed capital from the private economy, reducing investment and spending and thus curtailing growth. By cutting taxes, you can theoretically free up capital and encourage investment, and the resulting growth will generate more government revenue than you had in the first place.

The theory is illustrated by Figure One, to the right. Pay particular attention to the part of the curve labeled C. As the tax rate moves to the left and gets lower, you see government revenues rising. That process continues until you reach the sweetspot, labeled Point A, which in this illustration is at roughly 25 percent.

Point A represents nirvana, the point at which you have both the highest possible government revenue generated by the lowest possible tax rate.

But there’s a downside to the Laffer Curve as well. Note that if you move beyond Point A into the region marked B, tax rates continue to fall but this time revenue plummets. Region B represents the part of the curve where cutting taxes does NOT generate enough growth to compensate, and in fact may not generate any growth at all.

Figure Two

So the trick, it would appear, is to identify where Point A is. But that’s difficult to impossible, in part because the location of Point A probably varies wildly from country to country, era to era and tax system to tax system.

Figure Two, for example, offers just as plausible a depiction of the tax rate’s impact on revenue as Figure One.  In this example, Point A, the sweetspot, is at roughly 60 percent; any reduction in rates below that point would put you into Region B, where government revenues would drop. (NOTE: The percentages used here are for discussion purposes only and are not intended to reflect actual taxation or its impact).

But the problem is, something very destructive happened in the translation of this economic theory into political language and policy. In the popular conservative version of the Laffer Curve, no debate over the location of Point A is even tolerated, because cutting tax rates is said to ALWAYS generate more government revenue.

In effect, Region B, the part of the curve in which lower tax rates produce sharply lower government revenue, has simply been banished from the discussion.

Figure Three

Once you do that, however, the Laffer Curve no longer functions as a curve at all (see Figure Three). If lower rates always produce more revenue, as the right likes to claim, the Laffer Curve becomes the Laffer Line, and Point A, the sweetspot, stands at a tax rate of zero.

While that makes no sense mathematically, politically it is an enormously appealing notion. It’s like telling someone with an obesity problem that the best way to lose weight is to always eat more ice cream — more times than not, their eagerness to believe overwhelms any skepticism.

Or to paraphrase the argument:

“Cutting taxes doesn’t add to the deficit, it’s how we fight the deficit!! Less is more, don’t you see?? Reagan proved it. Oh, and hand me that chocolate sauce and whipped cream, will you?”

Coming tomorrow: The search for Point A.

Redneck Convert (R--and proud of it)

September 14th, 2010
4:01 pm

Well, what happened to starving the guvmint till it gets small enough you can drown it in a bath tub? That’s the point I want to see.

Pogo

September 14th, 2010
4:14 pm

Dream on with your graphs Jay. Cut un-necesary government spending first and then talk taxes. If you can sit and say that our government isn’t rife with waste then I would have to call you either a liar or dumb. The big three, SS, defense spending and Medicare are all fair game for cutting if in no other area than the bureaucratic and administrative levels. Then there is the “death by a thousand cuts” type expenditures where all kinds of small wasteful government programs hemorrhage our money continuously for pretty much no purpose other than to exist and to provide government jobs. It isn’t, as the liberals like to say, the police or the firefighters, it is the pork. It is government inefficiency. It is bloated bureaucracy. It is a million things that anyone with half a brain can see but the liberals don’t seem to want to. No private business would last if it handled its budget like the federal government. Yea, I can hear it now; their Mandate is different, bla bla bla. No their mandate is to watch after the American people and placing the American under unbearable un-sustainable deficits is not watching out for them. Cut spending and raise taxes in that order.

Bosch

September 14th, 2010
4:16 pm

“It’s like telling someone with an obesity problem that the best way to lose weight is to always eat more ice cream — more times than not, their eagerness to believe overwhelms any skepticism.”

Case in point, every wingnut on this here blog.

jewcowboy

September 14th, 2010
4:17 pm

Eek! I feel like I’m back in Econ with the graphs….

Shawny

September 14th, 2010
4:17 pm

Excellent description on Laffer. Of course, us conservatives that do not fall in line with populist rhetoric understand that there is a Point A and not a laffer line.

There are two points to raising taxes that many do not consider, where the optimum point A is at a lower rate than you might think.
Point 1 is that not only do higher taxes take money out of the ’system’ reducing capital for investment and growth, but higher taxes are a disincentive to earning more, an incentive for ‘hiding’ income via shelters, and an incentive for hiding income altogether, reducing federal receipts.

Point 2 is that if the true intent is to raise federal receipts, then something needs to be done about the tax code. It is too easy to hide money overseas, in housing investments, and other places. How about a fair tax? No, not that goofy one proposed by many that is a consumption tax, but simply a progressive line that increases in rate in very short increments. No IRS, no April 15th, just pay as you go.

Chuck E. Employee

September 14th, 2010
4:18 pm

So Jay, if tax cuts are so bad, then why are Democrats even telling Obama to extend them?

Bosch

September 14th, 2010
4:19 pm

Shawny,

“No, not that goofy one proposed by many that is a consumption tax”

Now, that….was funny. The goofy one…..

Chuck E. Employee

September 14th, 2010
4:20 pm

“Laffer illustrated the seemingly magical concept for Dick Cheney”

Gotta get Dick in there! Jay, is there a day when you or Ms. Tucker don’t blame everything on Rush, Palin, Bush or Cheney?

Pogo

September 14th, 2010
4:22 pm

This is for the Sean Penn’s, Danny Glover’s and Jays in the world that want to dabble in socialist politics.

http://www.washingtontimes.com/news/2010/sep/13/love-affair-with-leftists/?page=2

Chuck E. Employee

September 14th, 2010
4:23 pm

Pogo

Not sure if you heard but……..

Cuba to cut 500,000 from state payroll

jewcowboy

September 14th, 2010
4:24 pm

Pogo,

“Cut un-necesary government spending first and then talk taxes.”

Please outline the specific cuts that would be achievable politically where both Republican and Democrat agree.

Jay

September 14th, 2010
4:24 pm

“Hah! He mentioned Cheney!!”???

Chuck E. Employee

September 14th, 2010
4:25 pm

THOSE RACIST FRENCH!!!!!!!!!!

French Senate passes ban of full Muslim veils

PARIS – The French Senate has voted overwhelmingly for a bill banning the burqa-style Islamic veil everywhere from post offices to streets, in a final step toward a making it law.

The Senate voted 246 to 1 Tuesday in favor of the bill, which has already passed in the lower chamber, the National Assembly.

TaxPayer

September 14th, 2010
4:25 pm

Come on, Jay. There’s a laffer, Part Deux. Have you been talking to that Kyle Wingfield fella or something. “A” is located at the point or points where dR/dt = 0. Everyone knows that. By the way, the theory as I understand it being originally presented was that revenue would be zero at either extreme so any laffer curve purist would necessarily need to modify your straight line to show an instantaneous jump from the coordinate pair (0,0) to some mythical magical pair, (”It’s magic”,0).

Chuck E. Employee

September 14th, 2010
4:26 pm

Nope, here’s my rebuttal: November 2, 2010

Oh, and Jay this is just for you!

Yea, Alabama! Drown ‘em Tide!
Every ‘Bama man’s behind you,
Go teach the Bulldogs to behave,
Send the Yellow Jackets to a watery grave.
And if a man starts to weaken,
That’s a shame!
For Bama’s pluck and grit have
Writ her name in Crimson flame.
Fight on, fight on, fight on men!
Remember the Rose Bowl, we’ll win then.
So roll on to victory,
You’re Dixie’s football pride,
Crimson Tide, Roll Tide, Roll Tide!!

Hillbilly Deluxe

September 14th, 2010
4:27 pm

Figuring out where points A, B, and C are is the conundrum.

And on a related note, I’d be all for a Flat Tax. Get rid of all the deductions and breaks and start over. It would, of course, take about 30 years to phase in. But if I ever lived to see that, I would probably have a heart attack and die.

Chuck E. Employee

September 14th, 2010
4:30 pm

Jay, here is a shining example of Democrat hypocrisy.

Some Democrats urge Pelosi to extend Bush tax cuts temporarily

http://politicalticker.blogs.cnn.com/2010/09/13/democrats-urge-pelosi-to-extend-bush-tax-cuts-temporarily/

arnold

September 14th, 2010
4:31 pm

Any time you spend more than you receive, you are in the hole. Laffer was smoking something.

Chuck E. Employee

September 14th, 2010
4:31 pm

This too Jay.

Divided Democrats battle each other over extending tax cuts for rich

he issues of taxes roiled the Democratic party on Monday, with several members staking out ground in the debate.

Senate Majority Leader Harry Reid (D-Nev.) blasted Republicans for holding up tax cuts for the middle class to preserve tax cuts for the wealthy, while other Democrats in the House and Senate warned ending any tax cuts could hurt the struggling economy.

http://thehill.com/blogs/on-the-money/domestic-taxes/118399-reid-says-extending-richs-tax-cuts-would-hurt-economy

Haywood Jablome

September 14th, 2010
4:32 pm

<i?It’s like telling someone with an obesity problem that the best way to lose weight is to always eat more ice cream

Chuck E. Employee

September 14th, 2010
4:32 pm

Unemployed People Find Solidarity Online

http://www.huffingtonpost.com/2010/09/14/unions-for-the-jobless-un_n_716323.html

Palin fan

September 14th, 2010
4:35 pm

Cutting taxes and reducing government are the simple and proved conservative methods for growing our economy and taking back our country, freedom and liberties.

Just look at the rallies. America is tired of Obama’s socialism and the lamestream media!!!

Scout

September 14th, 2010
4:36 pm

KEEP WHISTLING IN THE DARK !!

Scout

September 14th, 2010
4:37 pm

Jay:

Can you fix it so we can draw graphs on here. I have something special ……………..

Del

September 14th, 2010
4:38 pm

Good grief more diagrams and nonsense. Absolutely right, raise taxes, discourage capital investment, confuse the hell out of the private business sector and go out and campaign some more. Certainly there must be believers somewhere and there is, right here on the blog. Think I’ll skip the Point A diagrams.

barking frog

September 14th, 2010
4:39 pm

The Laffer curve is correctly named.

Chuck E. Employee

September 14th, 2010
4:39 pm

I notice that the left will often slam the south which I think has come back to haunt them. The south has more guns, more money and more freedom than than anywhere else in the USA. The south doesn’t have the debt that most left wing states have.

I guess they were right. The south WILL and IS rising again.

jewcowboy

September 14th, 2010
4:40 pm

Palin fan,

Rallies prove tax cuts and reduced government grow the economy? Interesting theory.

And what freedom and liberties have you lost due to the Obama administration?

Chuck E. Employee

September 14th, 2010
4:40 pm

Del

Right on, right on, right on! The left cannot justify anything that Obama and the Dems have done since 2008. Nothing.

Pogo

September 14th, 2010
4:41 pm

jewdude, been to the DMV lately? A fine example of waste on a microscopic scale. What must it be like at the macroscopic?

TaxPayer

September 14th, 2010
4:41 pm

I think it is worse than you imagined, Jay. The cons on here do not even know where this con job originated. They apparently just know its true because they’ve been told that it is.

Doggone/GA

September 14th, 2010
4:42 pm

Spelling is obviously not your strong point…and neither are diets.

Pogo

September 14th, 2010
4:43 pm

TP, we know where the con started and it was with Wilson and Roosevelt.

Jay

September 14th, 2010
4:43 pm

Sorry Del.

Pogo

September 14th, 2010
4:44 pm

And maybe a little Marx and Lenin thrown in there TP.

Chuck E. Employee

September 14th, 2010
4:44 pm

“been to the DMV lately?”

Every single DMV worker is a shining example of what happens when kids drop out of school. The workers have little to no brain cells and the ones I’ve dealt with in Atlanta can’t even put a complete sentence together.

EX: Mr. *&^^&^^, plea look at eye chart and tell me what, hey look Nelly put another album out, ok do that plea.

Del

September 14th, 2010
4:44 pm

Chuck E.

Of course they can’t, so they’ll just make some things up. Lemming-Aid, it calms their anxiety.

jewcowboy

September 14th, 2010
4:45 pm

Pogo,

“been to the DMV lately?”

No…I renew onliine.

“What must it be like at the macroscopic?”

So then please outline the specific cuts that would be achievable politically where both Republican and Democrat agree.

Chuck E. Employee

September 14th, 2010
4:45 pm

Sounds like what Nick Saban said to Jo Pa.

Bosch

September 14th, 2010
4:45 pm

“ewdude, been to the DMV lately? A fine example of waste on a microscopic scale.”

Pogo, my son turned 16 about a year ago — the DMV is the right’s whipping boy — but we were in and out in about 30 minutes — driving test and all. And why in the world would you even go to the DMV anymore? If you need to renew your license, you can do it on-line, you can even get a 15 year license (I think, maybe 10) — so yes, I’d say that the DMV is pretty efficient these days.

Chuck E. Employee

September 14th, 2010
4:46 pm

Del

My favorite was when Bosch wrote that only Republicans signed on to the two wars. Classic!

Chuck E. Employee

September 14th, 2010
4:46 pm

“the DMV is the right’s whipping boy”

Another classic example of a lie.

AmVet

September 14th, 2010
4:47 pm

“The south has…more money than than anywhere else in the USA.”

???

What the ____?

Patently false and amazingly laughable to even assert such an inane claim.

Chuck E. Employee

September 14th, 2010
4:47 pm

“And why in the world would you even go to the DMV anymore?”

Uh, like you said Bosch, to take a kid to get his or her’s drivers license.

Bosch

September 14th, 2010
4:47 pm

Chuck/LA/Grand Forks or whatever you are calling yourself these days,

“My favorite was when Bosch wrote that only Republicans signed on to the two wars. Classic!”

No, I didn’t write that. Try again.

Del

September 14th, 2010
4:47 pm

JAY,

Yes…ouch!

Chuck E. Employee

September 14th, 2010
4:48 pm

“Patently false and amazingly laughable to even assert such an inane claim.”

And here I was wondering where Mr. Cross out line went. How nice of you NOT to debunk my claim and instead write out something that you don’t even understand.

jewcowboy

September 14th, 2010
4:48 pm

Bosch,

“f you need to renew your license, you can do it on-line, you can even get a 15 year license (I think, maybe 10) ”

I moved to GA in 1996…and I still have the same picture on my license…and it doesn’t expire until 2018…I’ll be 23 forever!

Chuck E. Employee

September 14th, 2010
4:48 pm

“Chuck/LA/Grand Forks or whatever you are calling yourself these days,”

Bosch, are you on drugs?

Chuck E. Employee

September 14th, 2010
4:49 pm

“No, I didn’t write that. Try again.”

Yes Bosch, you did.

Bosch

September 14th, 2010
4:50 pm

“Yes Bosch, you did.”

No, I didn’t, liar.

Mongo

September 14th, 2010
4:51 pm

“The south WILL and IS rising again.”

Sounds like someone is auditioning for a new viagra commercial.

TaxPayer

September 14th, 2010
4:52 pm

Has Jay ever had any of these cons get into a real debate using facts and analysis or even a thought process.

AmVet

September 14th, 2010
4:52 pm

Whenever I hear or read about the Laffer Curve, I always think of this scene…

(Interesting that damn near the only elected Republican with any guts in Washington in the past 30 years called it for the farce it was and still is…)

Chuck E. Employee

September 14th, 2010
4:52 pm

Bosch, yes, yes you did.

3:42 on the last Bookman blog: “So, you think the same people who got us into two wars”

You were writing about the GOP and never said anything about how the Dems also signed onto the two wars.

jewcowboy

September 14th, 2010
4:53 pm

Jay

September 14th, 2010
4:53 pm

Rematch on Sept. 10, 2011, Chuck.

At our place.

Our frosh QB will be a lot better by then too.

But JoePa won’t be any younger.

Chuck E. Employee

September 14th, 2010
4:53 pm

“Whenever I hear or read about the Laffer Curve, I always think of this scene…”

Great movie.

Bosch

September 14th, 2010
4:54 pm

Chuck,

Sorry, but no where did I write that it was only the GOP who got us into two wars.

AmVet

September 14th, 2010
4:54 pm

Grand Forks, I could embarrass you with list after list and fact after fact showing that your claim is absurd, but lets face it, we all know it would not matter to you one iota.

Being factually averse is your shtick, no matter which of the 12 names you hide behind…

Chuck E. Employee

September 14th, 2010
4:55 pm

“Rematch on Sept. 10, 2011, Chuck.”

Yeah, bigger beat down. McElroy will be a Senior as will Ingram.

“At our place. ”

The rematch could be at the South Pole and Penn would get slammed.

Penn State, and the Big Ten for that matter, can’t beat Saban.

Chuck E. Employee

September 14th, 2010
4:56 pm

“Sorry, but no where did I write that it was only the GOP who got us into two wars.”

When you wrote: “So, you think the same people who got us into two wars”

Meaning, you didn’t write anything about the Dems. You only stated that the “same people” meaning Repubs were the ones.

Chuck E. Employee

September 14th, 2010
4:57 pm

“Grand Forks, I could embarrass you with list after list and fact after fact showing that your claim is absurd, but lets face it, we all know it would not matter to you one iota.”

You and Bosch must be dropping the same acid.

jewcowboy

September 14th, 2010
4:57 pm

TaxPayer,

“Has Jay ever had any of these cons get into a real debate using facts and analysis or even a thought process.”

The have trouble “refudiating” things that can’t be summed up in a slogan, catch-phrase or fear inducing attack.

AmVet

September 14th, 2010
4:58 pm

JB, I had great fun partying with and ribbing the Buckeye fans in Myrtle Beach this weekend. I warned them that starting next year they had better start getting used to losing again! We all had much merriment and drinks together and they pretty much to a man and woman were happy that NU was joining the Little Eleven.

And the Huskers and Nittany Lions are going to see a lot of each other coming up. With those two, OSU and a revived Michigan, it will be time to put that SEC thing to rest…(grin)

Chuck E. Employee

September 14th, 2010
4:59 pm

“it will be time to put that SEC thing to rest…(grin)”

4 straight NT and rolling…….

ROLL TIDE ROLL! 13 National Titles and 26 SEC Championships.

Bosch

September 14th, 2010
5:00 pm

Chuck/LA/Who whatever,

I’m not going to argue over what I meant and what I didn’t. You can interpret it however you please, but it isn’t what I wrote, not what I think. I didn’t write that it was only the GOP who got us into two wars.

I also DIDN’T write that aliens have invaded the planet Earth and taken over your mind — so does that mean it’s true and it’s what I think?

And, as before, with your other personas, I don’t plan to discuss anything else with you. You’re sophmoric and boring, but have a nice blogging experience.

Doggone/GA

September 14th, 2010
5:00 pm

“The ultimate Atkins Diet ensemble”

I’ve been avoiding looking those photos…I’m just SURE I don’t want to see them!

Chuck E. Employee

September 14th, 2010
5:00 pm

AmVet

You’ll probably call me a liar on this as well, but here’s an interesting fact. You can look it up.

Ohio State has never beaten an SEC team in a bowl game. Ever.

Jefferson

September 14th, 2010
5:00 pm

The GOP worships money so much they think anyone who has much must be contributing more to society, ie are better people.

Kamchak

September 14th, 2010
5:01 pm

Arthur Laffer in 2006 on CNBC:

-”The United States economy has never been in better shape!”

-”Monetary policy is spectacular!”

-”This economy…is working beautifully!”

-To Schiff: “I’ve never heard so many mistakes!”

Too funny.

AmVet

September 14th, 2010
5:01 pm

So Chuck, prove your bizarre assertion that “The south has…more money…than than anywhere else in the USA.”

Take your time. You’re gonna need it.

Chuck E. Employee

September 14th, 2010
5:01 pm

“I’m not going to argue over what I meant and what I didn’t. You can interpret it however you please, but it isn’t what I wrote, not what I think. I didn’t write that it was only the GOP who got us into two wars. ”

You did and you did. You also heightened the argument when you called me a liar.

“And, as before, with your other personas, I don’t plan to discuss anything else with you. You’re sophmoric and boring, but have a nice blogging experience.”

Dude, what the hell are you talking about?

Jay

September 14th, 2010
5:01 pm

Chuck, I hate to correct a man in public about his own team, but …

McElroy is a senior and will be long gone, so you’ll be playing fresh meat at QB just as we were this year.

I suspect Ingram will be playing on Sundays by then too.

jewcowboy

September 14th, 2010
5:02 pm

AmVet / Bosch,

Isn’t it interesting how one’s writing style can give one away? If you are going to post under a different name and deny it, at least alter your writing style.

Chuck E. Employee

September 14th, 2010
5:02 pm

AmVet

Surplus. It’s all about the surplus, my friend.

Del

September 14th, 2010
5:02 pm

Bama and Ohio State this year…disclaimer, Pryor needs to mature some more.

Hillbilly Deluxe

September 14th, 2010
5:03 pm

“f you need to renew your license, you can do it on-line, you can even get a 15 year license (I think, maybe 10) ”

It’s 10. I know a 95 year old, who renewed for 10 more years, within the last year. And yes, he is still a good driver.

Chuck E. Employee

September 14th, 2010
5:04 pm

Jay

You’re right, I was thinking Ingram. Either way, Penn State will not now, or anytime soon, beat Bama.

Saban is the best coach money can buy.

Chuck E. Employee

September 14th, 2010
5:04 pm

Del

Like I said, O State has never beaten an SEC team in bowl history.

Chuck E. Employee

September 14th, 2010
5:05 pm

jewcowboy

Eh tu, brute? I took you for a smarter guy.

AmVet

September 14th, 2010
5:06 pm

“Ohio State has never beaten an SEC team in a bowl game.”

And that means what to me?

Here are a couple of scores for ya, though:

January 2, 1996 – Nebraska 62, Florida 24

January 2, 1998 – Nebraska 42, Tennessee 17

(And both were even bigger slaughters than the final score shows.)

Hillbilly Deluxe

September 14th, 2010
5:06 pm

Something I was wondering about a while back, when all the Conference swapping was going on, if the Big 10 had gone to 12 teams and the Big 12 had gone to 10 teams, would the Big 10 have become the Big 12 and the Big 12 become the Big 10?

Chuck E. Employee

September 14th, 2010
5:08 pm

Jay, I noticed you like Neko Case.

Quick story: A few years ago a buddy and I saw here live at The Tabernacle. My buddy had a few too many PBR’s and went right up to her when she was leaving, and planted a big wet one on her lips. I would have figured she would have knocked his teeth out, but instead she smiled and said “glad you are a fan” and walked off.

True story.

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 14th, 2010
5:08 pm

Oh don’t whine, kookman, you’ll get back in power in about fifty years or so.

Enjoy the time in the wilderness, hahahaha.

~~~~~

The Boehner of Obama’s speech is a partisan rube pitching the same old Republican snake oil. Of course, if that were true, then the man would be no threat at all, and Democrats wouldn’t need to send the president out to attack him.

A look at Boehner’s recent speeches and proposals suggests that he has been reshaping the Republican Party in a manner that should make it much more attractive to middle-of-the-road voters, and doing so with, yes, some new ideas. No wonder Obama is scared.

Actually, obozo is an idiot but whatever.

Chuck E. Employee

September 14th, 2010
5:08 pm

“January 2, 1996 – Nebraska 62, Florida 24

January 2, 1998 – Nebraska 42, Tennessee 17″

And that means what to me?

Scout

September 14th, 2010
5:08 pm

Jay:

Chuck E. Employee

September 14th, 2010
5:09 pm

“(And both were even bigger slaughters than the final score shows.)”

Well one, back then Nebraska was in the Big 12, still are as of this year. Two, neither of those teams involved Alabama.

ROOOOOOOOOOOOOOOOOLL TIDE.

jewcowboy

September 14th, 2010
5:09 pm

Hillbilly Deluxe,

“And yes, he is still a good driver.”

I have a friend who is her mid-30’s about 5′ – 3″ tall, but who has a fully restored ‘63 Cadillac DeVille as a weekend car. When she takes it on the interstate she wraps her hair in a Pucci silk scarf and drives with blinker on the whole time and weaves a little so people won’t tailgate her….they don’t want anywhere near her.

Del

September 14th, 2010
5:09 pm

Chuck E.

I wouldn’t bet on them but I wouldn’t bet against them if it gets there this year.

Chuck E. Employee

September 14th, 2010
5:11 pm

Hillbilly Deluxe

They don’t even know. Every conference is trying to compete with the SEC and it is not working.

AmVet

September 14th, 2010
5:11 pm

Sorry I thought you were blowing some sort of SEC horn, Chuck. Must have been somebody else new with a similar name. (LOL!)

“If you are going to post under a different name and deny it, at least alter your writing style.”

And this is the point that I have laughed at for years now, jewcowboy.

You come up with a new nom de blogue for yourself, yet write virtually the exact same stuff in virtually the exact same style and think nobody is gonna notice???

OK…

Chuck E. Employee

September 14th, 2010
5:12 pm

Del

I would never bet on Ohio State against an SEC team. History shows O State is 0-10 against the SEC in bowl history.

Chuck E. Employee

September 14th, 2010
5:13 pm

“Sorry I thought you were blowing some sort of SEC horn, Chuck.”

Well I am until another conference team can beat an SEC team in the National Title game.

“Must have been somebody else new with a similar name. (LOL!)”

Oh like the ones you posted above. Right.

Doggone/GA

September 14th, 2010
5:14 pm

“they don’t want anywhere near her.”

It’s not a pink caddy, with the license plate “KEPT” by any chance, is it?

@@

September 14th, 2010
5:14 pm

Alls I know is the fastest way to get from Point A to Point B is by following a straight line. Flat, if you will.

Kyle’s column was interesting today. Not recommend it for the left-wingers though.

Chuck E. Employee

September 14th, 2010
5:15 pm

AmVet

You seem like a good ole dude. I like your orneriness and you have great taste in movies, from what I can tell.

jewcowboy

September 14th, 2010
5:16 pm

Chuck E. Employee,

“Eh tu, brute? I took you for a smarter guy.”

It is rather obvious. Far be it from me to figure out why you decide to change your name rather than to own your past words, unless you don’t wish to own them for some reason….

jewcowboy

September 14th, 2010
5:18 pm

Doggone/GA,

“It’s not a pink caddy, with the license plate “KEPT” by any chance, is it?”

Naw…midnight blue with champagne silk and wool interior…and approximately 47 ash trays

Chuck E. Employee

September 14th, 2010
5:18 pm

“Far be it from me to figure out why you decide to change your name rather than to own your past words, unless you don’t wish to own them for some reason….”

Do we know each other from a past life or something?

tm

September 14th, 2010
5:20 pm

Jay
If you are really against the Bush tax policy you should be in favor of letting ALL of the Bush tax expire and go back to the Clinton tax policy. Was Clinton wrong? What is the reason for letting Bush’s tax cut for the rest of the population stay. Why pick only one one group lets all share in the pain. By the way it would have been nice if the dems would have proposed a budget in the spring like they were suppose to so we would know what they need our money for..

Hillbilly Deluxe

September 14th, 2010
5:20 pm

Alls I know is the fastest way to get from Point A to Point B is by following a straight line.

But it’d be a curved line, unless the Earth is really flat. (IW&SH)

jewcowboy

September 14th, 2010
5:20 pm

Jay,

Seeing how quickly this post broke down to SEC and Cadillacs, I would suggest withholding a Part Two…Mathematics doesn’t seem to be anyone’s..eh hem..cup of tea.

Doggone/GA

September 14th, 2010
5:20 pm

“Naw…midnight blue with champagne silk and wool interior”

Well, sounds pretty nice…but I think she’s got a ways to go to beat the “KEPT” gal!

Del

September 14th, 2010
5:21 pm

Chuck,

I watched them against the Cains last week. They looked impressive and hungry to win. Pryor has the tools but also a maturity issue. If he matures into his capability, I think they will be very strong this year. If he doesn’t he’ll be their weak link.

Rightwing Troll

September 14th, 2010
5:22 pm

There has to be numbers and some sort of equation to create the curve, otherwise it’s an arbitrary scribble on a napkin.

I understand the local hate baggers and conservitards don’t need to know how points A B and C are achieved, they accept it as gospel because the teary eyed Beck drew it for them on a chalkboard. But I need some sort of facts…

Chuck E. Employee

September 14th, 2010
5:22 pm

Del

ESPN said that VT would be awesome and look how they turned out. The ACC is a terrible football conference and you should overlook that win. Miami is a second tier football team much like UGA.

Chuck E. Employee

September 14th, 2010
5:23 pm

jewcowboy

Jay isn’t a mathematician so……… But alas, he does love football which is great in my book.

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 14th, 2010
5:24 pm

“The social fabric is fraying. Human capital is being squandered. Society is segmenting. The labor markets are ill. Wages are lagging. Inequality is increasing. The nation is overconsuming and underinnovating. China and India are surging.”–David Brooks, New York Times, Sept. 14

Give Laffer a chance, just sayin…

Chuck E. Employee

September 14th, 2010
5:24 pm

“I understand the local hate baggers and conservitards”

I see Jr. High has let out for the day.

Jefferson

September 14th, 2010
5:24 pm

TM,

I’ve got no problem letting all the Bush tax cut expire, but I’m not running for office. It would be better for the deficit, which would raise interest rates which would fix many problems.

Kamchak

September 14th, 2010
5:25 pm

I’ve devised a new drinking game next door at Ms. Tucker’s—every time Commie comes up with a new sock-puppet, take a shot of the liquor of your choice.

Del

September 14th, 2010
5:26 pm

Chuck E.

UGA a second tier football team. That’s down right mean.

jewcowboy

September 14th, 2010
5:26 pm

Chuck E. Employee,

“Do we know each other from a past life or something?”

In my past life I was the Pekingese personal guard dog of Li Yuan during the Tang Dynasty in China…perhaps you were Li Jiancheng?

Chuck E. Employee

September 14th, 2010
5:27 pm

“UGA a second tier football team. That’s down right mean.”

Yeah but it’s the truth.

@@

September 14th, 2010
5:27 pm

Hillbilly:

I’m a flat lander, remember? Don’t want anything obstructing my view.

(ISH)

Chuck E. Employee

September 14th, 2010
5:27 pm

“In my past life I was the Pekingese personal guard dog of Li Yuan during the Tang Dynasty in China…perhaps you were Li Jiancheng?”

Or not.

Pogo

September 14th, 2010
5:32 pm

Bosch, all I can say is your experience is not like mine. Title transfer is apparently beyond the government template of what is supposed to be normally encountered by the average DMV employee. They were totally lost and they were totally rude (the last of which I ignored considering the attitude of 90% of their obnoxcious clients). I really don’t blame the employees (though in this case the job screeners could have done a little better job). It is the protocol that they have been handed by their government bosses, which is exactly my point. Bureaucracy creates jobs but destroys efficiency and that ultimately wastes taxpayer money because there is no incentive for efficiency because they are spending money that is not theirs. Yea, we can get a license by snail mail, but try anything else outside of that, and they (the DMV) are down for the count. But they are insignificant compared to the Federal Government’s inefficiency. What must it be like? I would like to give you a story about exactly how in-efficient the federal government truly is but it would take way, way too long and it would involve having to devolve things that can’t be said.

Admittedly, as I said before, the DMV is microscopic, but just imagine what the waste must be like on the National level. Maybe it is protocol, maybe it is procedure, maybe it is just pure out “I don’t care”, but it is still waste. Obama and the democrats and their in-action of not presenting a federal budget so far this year within the historically mandated timeline should tell everyone that something is severely amiss in this country. They speak of “government shutdown” but yet they won’t pass a budget though they hold the majority in both Houses of Congress and the Whitehouse. If there ever was a red flag of government/administration failure, this is one.

And Bosch, with the exception of your sometimes passion for name-calling of us conservatives, I still think you and jewdude are two of the better contibutors to this blog. I don’t call my more leftist friends anything but liberals or progressives. If those two terms are considered offensive, I would like to hear the alternatives and I would abide by them and I wish others would do the same. Civil discourse by ALL of us will get us (the American people) much farther than harsh vulgarity and name calling.

Hillbilly Deluxe

September 14th, 2010
5:32 pm

I’m a flat lander, remember? Don’t want anything obstructing my view.

But you can see a lot further (pronounced “futher” by Hill folks) from the ridge line.

Chuck E. Employee

September 14th, 2010
5:34 pm

“And Bosch, with the exception of your sometimes passion for name-calling of us conservatives”

Yeah, why is that?

jewcowboy

September 14th, 2010
5:36 pm

Chuck E. Employee,

“Or not.”

After that I was a L’hasa Apsos in the employ of the Jokhang Monastery in Tibet where I guarded the temple from strangers…

From Li Yuan I learned cunning and patience…from Jokhang I fine tuned my senses to distinguish intimates from strangers…

Both help me to identify those who are less than truthful.

Chuck E. Employee

September 14th, 2010
5:37 pm

“Both help me to identify those who are less than truthful.”

So you knew Clinton was lying before he didn’t?

Jay

September 14th, 2010
5:37 pm

You’re going to get Part Two, Jewcowboy, and you’re going to LIKE IT!!!!!

Moderate Line

September 14th, 2010
5:40 pm

Once you do that, however, the Laffer Curve no longer functions as a curve at all (see Figure Three). If lower rates always produce more revenue, as the right likes to claim, the Laffer Curve becomes the Laffer Line, and Point A, the sweetspot, stands at a tax rate of zero.
++++++++++
The Laffer Curve is manipulated for conservative propaganda just like Keynes is manipulated for liberal propaganda.

If you look at Bush tax cut the receipts were up to 18.5% of GDP which is higher than 17.79% average from 1946 to 2009 or the 18.13% since 1980. This was done after a tax cut. Although I don’t believe that tax cuts necessarily lead to more tax revenues, I do believe a growing economy does. Currently, our tax revenues are at 14.8 percent and our outlay are at 25.4.

In 2007 are defict spending was 1.2% of GDP. It was 9.9 for 2008, 10.6 in 2009 and expected to be 8.3 for 2010 but yet no recover for jobs.

jewcowboy

September 14th, 2010
5:40 pm

Pogo,

“DMV is microscopic, but just imagine what the waste must be like on the National level.”

I would certainly agree…but my posit is that it makes no sense to expend the time and energy to take on small items that may end up costing more to identify and eliminate when there are larger items looming.

The problem with the large items is political will…from both sides. Both sides have to be adults and choose difficult cuts in combination with certain tax increases. Think about your own house if you live with someone. It takes a balanced approach to satisfy all parties to agin a positive budget effect.

jewcowboy

September 14th, 2010
5:42 pm

Jay,

“You’re going to get Part Two, Jewcowboy, and you’re going to LIKE IT!!!!!”

eek!

Del

September 14th, 2010
5:43 pm

Okay then question of the day…who in Hollywood has the most laffer curves?

jewcowboy

September 14th, 2010
5:44 pm

Del,
“who in Hollywood has the most laffer curves?”

Hands down..Christina Hendricks from Mad Men…

http://images.teamsugar.com/files/upl1/0/10/04_2009/4a53fa2d8ac82b0a_Christina-Hendricks.jpg

paleo-neo-Carlinist

September 14th, 2010
5:45 pm

I’m probably not the first, but did you say “Laugher Curve” or Laffer Curve? I don’t know if this is a spellcheck/copy editor issue or an example of instututional isantity? Let me see if I have this stright; a well-meaning (or not) economist decides that cutting taxes (essentially borrowing money, or replacing actual revenue with debt, based on the THEORY that the debt will actually blossom into revenue – (Kamchack, I need that shot) 25 years later, when “debt-fueled spending” has produced record deficits AND a housing bubble, filled with YOU GUESSED IT; DEBT)is about to burst and wreak havoc on the American/global economy, the very same economist pronounces the economy “sound” and “healthy”. and to add to the mix the very healthy (for some) derivitives market (unhealthy for everyone else), which via pixie dust, transforms debt (bad debts at that) into “assets” which are sold in a high stakes game of musical chairs, and wouldn’t you know it, when the music stops, the U.S. taxpayers are without a chair (holding the very same “bad debts” which made TRILLIONS OF DOLLARS for a handful of thieves on Wall Street? as I said, this is “Laugher” economic theory, not Laffer. and, as I noted on CT’s blog, let’s just say there was a shred of “reality” in the Laffer model? were is the prosperity and and economic health (bear in mind, the “green shoots” Laffer noted were produced by record deficits and debt – to wit: THE DID NOT EXIST)? why, if we had tax cuts from 2001-2001, did we fall into a recession (and that’s a nice word) with double digit unemployment BEFORE THE TAX CUTS expire? smoke and mirrors, shell game, call it what you like, tax cuts do not bolster the economy, they merely fortify the balance sheets of a handful and destabilize the United States.

Del

September 14th, 2010
5:46 pm

jewcowboy,

Good choice

jewcowboy

September 14th, 2010
5:47 pm

Del,

“Good choice”

She even makes me swoon…

tm

September 14th, 2010
5:49 pm

I am not runnign for office but why is it so bad to just go back to the Clinton tax rates. Are the dems saying they were not equitable or do the dems just want to promote class war fare.
by the way my wife and I both make over 250K but less than 300K. We have two in priviate high schools at a total costs of 50K a year which I am sure pays the salary of a few people at the school andhave two children in college at a total cost of 75K a year. None of that is tax deductible but provides employment for a number of people. I guess I should just pull my children from private education andput them in public schools and let those schools lay off people.

jewcowboy

September 14th, 2010
5:50 pm

So let me see for second here… we had the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003, right?

And it’s now late 2011 and the economy is booming with record low unemployment, a strong housing market and record high consumer confidence, right? So what is the problem, obviously the tax cuts have worked…

I mean if they didn’t work then things wouldn’t be so great, right?

Bosch

September 14th, 2010
5:52 pm

Pogo,

I won’t argue with much of what you wrote, I know there is waste and plenty of it, but the DMV is the right’s stereotypical “look at the government waste” when most people don’t even have to step foot there. When I’ve transferred titles, I’ve always done it at the tag place, not the DMV, and they’ve always been polite and incredibly knowledgeable. I think you can also do that online too.

I think you have me confused with someone else as far as namecalling, I am limited to only a few albeit it really memorable times. I call you guys wingnuts all the time, but I do so with the utmost respect. I do think most Earl Greyers are dumb and subtle racists, based on the timing o their poutrage, but what good would it do to surround myself with only those who think like me?

Alright, gotta run! Pleasant evening.

saywhat?

September 14th, 2010
5:53 pm

I thought I could escape the “worst blogger in the world” from Kyle’s place by staying over here at Jay’s. (sigh) Apparently not any more.

jewcowboy

September 14th, 2010
5:55 pm

tm,

“by the way my wife and I both make over 250K but less than 300K”

That is great for you and your family, but the reality is the lower the income…the greater the pinch of loss of income.

If your taxes go up by 5%, you’ll be paying an extra \$12.5k out of \$250k…on a family earning \$45k that would be \$2250.

Same proportion…but greater impact on lower wage earners.

Chuck E. Employee

September 14th, 2010
5:58 pm

“That is great for you and your family, but the reality is the lower the income…the greater the pinch of loss of income.”

Go to college, get a degree and get a good job.

Curious Observer

September 14th, 2010
6:00 pm

It’s 10. I know a 95 year old, who renewed for 10 more years, within the last year. And yes, he is still a good driver.

Check your facts. At age 65 and beyond, Georgia drivers have to appear in person for a vision test. I know. I had to go in to renew mine, and my wife, who’s 65, has to go in to renew hers this month. You can’t renew online if you’re 65 or over, although you once could before the passage of the law. And BTW, I found the state people doing the renewing very efficient.

Curious Observer

September 14th, 2010
6:02 pm

And the maximum renewal for people 65 and older is four years. You can verify the facts by going to the DMV Website.

RW-(the original)

September 14th, 2010
6:06 pm

This whole argument about the point being unknowable and maybe even in a constant state of flux is a good one, but it blows the hell out of the lib talking points that purport to know the exact “cost” of their tax increases not getting done. We might be sitting right on the high side of the proper point and raising them will take the rest of the way over this cliff.

Disgusted

September 14th, 2010
6:15 pm

Of course lowering taxes will increase federal revenues if all other factors remain the same, but that revenue won’t increase to the point of recovering the cosr of the tax cuts. Go to any reputable Web site. On average, for every dollar of tax cut, federal revenue has increased by 10 cents over the past 14 years. So we’ve been giving away 90 cents to gain 10 cents. You business people out there would scoff at such an exchange.

A half-truth is a terrible thing, especially when our federal fiscal life depends on it.

Saul Good

September 14th, 2010
6:18 pm

Well if the Laffer worked (Or is it LAUGHER Curve…as the Rich laughing all the way to the bathroom to go piss on the poor)… we’d be able to look back at those who used his “theory” and see the results. After 12 years of Reagan/Bush…more jobs or less? Better growth or a recession? After 8 years of Bush and his tax cuts…more jobs created or less? Growth or more growth because of tax cuts for the rich…the “proof” and evidence is quite clear. Yet those on the right just HATE charts that show their failures in action. So they’ll bash them and say it’s just “smoke and mirrors”… when in reality…it’s the “tax cuts for the rich create jobs” which has PROVEN to be all smoke and mirrors. Yet the poor and middle class on the right keep asking for tax cuts for the rich…tax cuts which never have helped them in the past. It’s like waiting for that “rapture” to happen… it simply never happens. Like the rapture that has never come and “saved them”…”trickle down” has never created jobs and a healthy economy for the middle class…in the end all it’s done is added more of the middle class to the ranks of the poverty class.

F. Sinkwich

September 14th, 2010
6:21 pm

The point of your post, Jay, seems to be Laffer is a charlatan and an a-hole so we need to jack tax rates up as much as possible now and forever more.

Liberal prescription for a recession: Raise Taxes !!!

Libs want to control people’s lives by taking.

godless heathen

September 14th, 2010
6:26 pm

Jay,

You seem to not be in denial that the curve exists, as others here are. They seem to not believe that Point C even exists. The argument may be which side of Point B we are on, but logically the point where taxes are so high that the government obtains less revenue does exist, just as the converse also exists.

One would think that the way to limit government is to limit its revenue, but anymore that doesn’t seem to work, because our “leaders” have learned to spend money they don’t have.

Pogo

September 14th, 2010
6:30 pm

jewdude at 5:40, I concur. Which means we are all, regardless of political leanings and ideologies, screwed.

Pogo

September 14th, 2010
6:32 pm

Saul, you are a confused indiviual. You are mixing metaphors which I don’t think you understand.

F. Sinkwich

September 14th, 2010
6:36 pm

gh:

“our “leaders” have learned to spend money they don’t have.”

So sad but true. The only answer is to vote them out, but unfortunately the Obama dupes will prevail.

It’s “somebody else’s money,” so they don’t care.

Saul Good

September 14th, 2010
6:38 pm

pogo…what part of “no jobs created” by lowering taxes for the richest did YOU not understand?

TaxPayer

September 14th, 2010
6:39 pm

Well, Jay certainly has a learned crowd critiquing his work. They cannot even figure out that there is no Point “B” or “C” referenced by Jay. I think that pretty much sits the pace for the rest of their argument, whatever it is.

Chuck E. Employee

September 14th, 2010
6:40 pm

“pogo…what part of “no jobs created” by lowering taxes for the richest did YOU not understand?”

When Bush cut taxes, unemployment dropped. In 2006, before the Dems took over, unemployment was 4.4%. .2% lower than it ever was under Clinton.

Saul Good

September 14th, 2010
6:45 pm

Chuck…the Bush tax cuts are STILL in effect…how many jobs did they create?

Chuck E. Employee

September 14th, 2010
6:45 pm

F. Sinkwich

Libs want to control everything but their own lives are so screwed up and yes, it is sad.

TaxPayer

September 14th, 2010
6:45 pm

When Bush cut taxes, unemployment dropped. In 2006, before the Dems took over, unemployment was 4.4%. .2% lower than it ever was under Clinton.

And as more of those tax cuts took effect, unemployment increased. Go figger.

Kamchak

September 14th, 2010
6:46 pm

gh:

“our “leaders” have learned to spend money they don’t have.”

So sad but true. The only answer is to vote them out, but unfortunately the Obama dupes will prevail.

It’s “somebody else’s money,” so they don’t care.

But…but…but…it was Cheney that said that Reagan proved that deficits don’t matter.

Saul Good

September 14th, 2010
6:47 pm

BTW Chuck…when the dems “took over” (as you say) in 2006….name the taxes they raised during 2007-2008. Your point shows that the “tax cuts” created ZERO jobs in the long run and only added to the 8 million jobs lost (since those tax cuts are STILL in effect and have been the entire time)… faulty logic…or should I say no logic at all.

F. Sinkwich

September 14th, 2010
6:47 pm

Chuck E,

Don’t bother with Saul. He’s an Obamatron who like his hero and god Obama hates people who have succeeded in society and wants to make them transfer their “ill-gotten gains” to losers like him.

Chuck E. Employee

September 14th, 2010
6:48 pm

“Chuck…the Bush tax cuts are STILL in effect…how many jobs did they create?”

Presidents don’t create or save jobs. Yes the Bush tax cuts are still in effect, and yes they did help lower the unemployment rate. Businesses always look at the future, unlike politicians, and those businesses saw that Obama’s economic agenda didn’t make any sense therefore a lot of businesses put on hiring freezes and laid off many people.

It’s common knowledge that businesses like the GOP more than they do Dems because the GOP would rather people be employed by private companies rather than government.

Without the private sector, the government is doomed when it comes to funds.

Chuck E. Employee

September 14th, 2010
6:48 pm

“And as more of those democrats took office unemployment increased.

FYT

godless heathen

September 14th, 2010
6:49 pm

TaxPayer: “Well, Jay certainly has a learned crowd critiquing his work. They cannot even figure out that there is no Point “B” or “C” referenced by Jay. ”

What the hay are you talking about?

Chuck E. Employee

September 14th, 2010
6:50 pm

“name the taxes they raised during 2007-2008. ”

You said it, not me. I never said anything about Dems raising taxes.

“Your point shows that the “tax cuts” created ZERO jobs in the long run and only added to the 8 million jobs lost (since those tax cuts are STILL in effect and have been the entire time)… faulty logic…or should I say no logic at all.”

Saul, please quit making stuff up.

Chuck E. Employee

September 14th, 2010
6:50 pm

F. Sinkwich

I don’t think Saul even knows what he’s typing. I went back and looked at a few of his postings and a lot of it is gibberish.

TaxPayer

September 14th, 2010
6:51 pm

What I want to see is an analysis of CIM, HTS and NLY, for starters. How the heck can these REITs afford to dish out such dividends? It can’t last but it sure has appeal.

F. Sinkwich

September 14th, 2010
6:52 pm

Kam:

“But…but…but…it was Cheney that said that Reagan proved that deficits don’t matter.”

Non-sequitor. I said it’s libs want to raise taxes because it’s “somebody else’s money,” so they don’t care.”

Chuck E. Employee

September 14th, 2010
6:53 pm

Saul Good

If the Bush tax cuts are so bad and evil, explain why Democrats, the moderate ones, are calling for Obama to extend them…

Thanks, Chuck.

TaxPayer

September 14th, 2010
6:53 pm

What the hay are you talking about?

Would you be more specific, please.

godless heathen

September 14th, 2010
6:53 pm

I believe these words are from Jay’s post, TaxPayer.

The theory is illustrated by Figure One, to the right. Pay particular attention to the part of the curve labeled C. As the tax rate moves to the left and gets lower, you see government revenues rising. That process continues until you reach the sweetspot, labeled Point A, which in this illustration is at roughly 25 percent.

Point A represents nirvana, the point at which you have both the highest possible government revenue generated by the lowest possible tax rate.

But there’s a downside to the Laffer Curve as well. Note that if you move beyond Point A into the region marked B,

Chuck E. Employee

September 14th, 2010
6:53 pm

F. Sinkwich

Like arguing with vacant signs?

Saul Good

September 14th, 2010
6:55 pm

It’s like I was saying to a good “republican” friend of mine out on the west coast last week when he was talking about the housing crisis….how many homes that have been foreclosed upon or are currently in foreclosure were bought since Obama has been in office? In fact what’s the percentage of them that were bought before the dems took over the senate and congress in early 2007? Nearly ALL of those that got into trouble due to the housing bubble purchased, financed, sold, built, etc those homes PRIOR to 2007. Yet the “housing bubble” was created by the dems right??? Need I post the speeches of Bush talking about 100% no money down financing for minorities…and his glowing report about himself talking about “record minority” home ownership… Obama’s fault again I suppose…sheeesh.

TaxPayer

September 14th, 2010
6:55 pm

“And as more of those democrats took office unemployment increased.

First, it was a claim that tax cuts increase unemployment and now it is a claim that the presence of Dems in office increase unemployment. You know, there’s also the increase in atmospheric CO2, amongst other things.

Saul Good

September 14th, 2010
6:56 pm

Chuck show me the “parts” made up with regards to 8 million jobs lost and the tax cuts STILl being 100% in effect. Hurts to be WRONG 100% of the time huh?

Chuck E. Employee

September 14th, 2010
6:57 pm

“You know, there’s also the increase in atmospheric CO2, amongst other things.”

Ok, go tell Al Gore about it. I hear he’s looking for a new crusade now that his global scamming operation failed.

Fly-on-the-wall

September 14th, 2010
6:58 pm

My question about the South WILL and IS rising again is – who cares? What the heck does that really mean anyway? Rise to what? Like you’re going to attempt to secede again or something. Unless the South could somehow export SEC college football they’d go broke inside a week. Why do you think the auto companies that have moved here did so. So they could pay college educated line workers a high wage? They moved here because the labor is cheap and cheap labor is just that.

jconservative

September 14th, 2010
6:58 pm

“Without a doubt, excessively high taxes can strip needed capital from the private economy, reducing investment and spending and thus curtailing growth.”

The flip side of this coin follows:

And, without a doubt tax cuts, and the resulting loss of revenue, and the resulting large deficits, and the need for government to borrow money to pay for the deficits, strips needed capital from the private sector, reducing investment and thus curtailing growth.

No one recognizes the flip side. But that is exactly what has happened over the last 30 years. The \$13.6 trillion dollar national debt is money the government borrowed to fund the tax cuts that did not generate excess tax revenue.

The details are in any political history of the last 30 years.

Chuck E. Employee

September 14th, 2010
6:59 pm

“Chuck show me the “parts” made up with regards to 8 million jobs lost and the tax cuts STILl being 100% in effect. Hurts to be WRONG 100% of the time huh?”

Saul, I’m sure you are big in your own little world, but here in the real world no one really cares what you think.

Chuck E. Employee

September 14th, 2010
7:00 pm

“My question about the South WILL and IS rising again is – who cares? ”

You do since you went out of your way to write an entire paragraph about it.

Chuck E. Employee

September 14th, 2010
7:01 pm

Looks like the American left has some stiff competition in Europe.

Left-Wing Terrorism Surges In Europe, As Governments Dismantle Social Safety Net

With European governments paring back the social safety net, and businesses blamed for creating a crisis, left-wing terrorism in Europe is on the march, according to a new report from EuroPol (the European Police Office).

TaxPayer

September 14th, 2010
7:02 pm

godless,

Regarding your post of a portion of Jay’s post (without accompanying explanation of your concern and hence my assumption regarding your concern and accompanying explanation), I refer you to my earlier post in which I alluded to the fact that some here had referred to Points B and C when in fact there was only Point A and hence the conclusion that these persons did not even bother to read Jay’s post thoroughly. Then again, perhaps I did not allude. Oh well.

Kamchak

September 14th, 2010
7:02 pm

Non-sequitor. I said it’s libs want to raise taxes because it’s “somebody else’s money,” so they don’t care.”

Really?

Let’s take a look at the relevant post, shall we?

F. Sinkwich

September 14th, 2010
6:36 pm

gh:

“our “leaders” have learned to spend money they don’t have.”

So sad but true. The only answer is to vote them out, but unfortunately the Obama dupes will prevail.

It’s “somebody else’s money,” so they don’t care.

Please show me where you said, “it’s libs want to raise taxes” cause I can’t find it anywhere.

Saul Good

September 14th, 2010
7:02 pm

Chuck….thanks for admitting that you’re wrong. Take a BIG man like you to admit that you’re in way over your head when understanding simple economic principles that added to job LOSS and not job CREATION.

Thanks!

Chuck E. Employee

September 14th, 2010
7:04 pm

“thanks for admitting that you’re wrong.”

The voices in your head must be getting meaner and meaner, huh Saul.

“Take a BIG man like you to admit that you’re in way over your head when understanding simple economic principles that added to job LOSS and not job CREATION. ”

The thing is Saul, you actually think that you have some sort of influence on the way I think. In other words, I couldn’t care less as to what you think about me or anyone else.

Saul Good

September 14th, 2010
7:10 pm

Chuck? Mean? Nah… I’m just pointing out that you simply REFUSE to admit that the tax cuts (which are STILL in effect) created job LOSS and not job GAIN. If that’s being mean… I’m sorry. Sometimes the “truth” is all we have (when outside the “creationist” world views of Foxy Baby News and Rush).

F. Sinkwich

September 14th, 2010
7:11 pm

6:52pm.

godless heathen

September 14th, 2010
7:11 pm

TaxPayer:
“I refer you to my earlier post in which I alluded to the fact that some here had referred to Points B and C when in fact there was only Point A and hence the conclusion that these persons did not even bother to read Jay’s post thoroughly. Then again, perhaps I did not allude. Oh well.”

You are the one who failed to read Jay’s post. He discusses all three points on the Laffer curve. Oh well.

Fly-on-the-wall

September 14th, 2010
7:12 pm

Chuck – you are so full of it. So when the economy was losing 750K jobs A MONTH before Obama took office that is somehow his and the Democrats fault. Those tax cuts really helped a lot didn’t they. I’m sure every CEO in the country was thinking about what Obama was going to do over the next year so the housing market, wall street/stock market had nothing to do with it. Nope just people so worried about Obama that for months before he took office they started laying people off and the country almost went down the tubes. Glad you gave us that great conservative insight you’ve got. Geez…..

Chuck E. Employee

September 14th, 2010
7:12 pm

“I’m just pointing out that you simply REFUSE to admit that the tax cuts (which are STILL in effect) created job LOSS and not job GAIN.”

Guess you missed out on the mid-2000s when unemployment was at 4.4%.

“(when outside the “creationist” world views of Foxy Baby News and Rush).”

Ok, at first I figured you to be just another brain dead left winger, but now you’ve confirmed it.

Thanks.

Hey, when are all the jobs coming back that Obama promised in 2008?

Fly-on-the-wall

September 14th, 2010
7:16 pm

Chuck – are you allowed up this late on the computer? Shouldn’t you be getting ready for bed since elementary school starts so early?

What a lame answer to my question about your statement of the South will rise again. You can’t even answer it. All you can do is repeat garbage that’s been said for 100 years. What a waste.

Chuck E. Employee

September 14th, 2010
7:16 pm

“So when the economy was losing 750K jobs A MONTH before Obama took office that is somehow his and the Democrats fault.”

No, your words not mine. I’d appreciate it if you left wingers would quit writing things I never wrote.

“Those tax cuts really helped a lot didn’t they.’

Yep, and even the Democrats are calling for Obama to extend them.

“you are so full of it.”

Full of what, fly. Go ahead, please show me some of your good ole liberal tolerance that you cats are always preaching to us right wing evil doers.

Chuck E. Employee

September 14th, 2010
7:18 pm

“are you allowed up this late on the computer? Shouldn’t you be getting ready for bed since elementary school starts so early? ”

Do you always get your insults from Hillary Clinton?

You are one angry little person.

“All you can do is repeat garbage that’s been said for 100 years. What a waste.’

Not as much of a waste as your angry rants.

TaxPayer

September 14th, 2010
7:19 pm

You are the one who failed to read Jay’s post. He discusses all three points on the Laffer curve. Oh well.

Fly-on-the-wall

September 14th, 2010
7:20 pm

Chuck – I have tolerance, unlike you. I just don’t believe in your bull c-r-a-p and I’m willing to say so. Guess this means that you can dish it out but can’t take it so you just curl up in a little ball and say “Mommy, they’re not playing nice. They keep showing how much I distort the truth. Liberals are suppose to just roll-over and play dead aren’t they mommy”

Time for bed little one and go dream of the South rising again. HAHAHAHAH…how lame.

Chuck E. Employee

September 14th, 2010
7:20 pm

F. Sinkwich

You were right about these left wingers. They are angry little people. I guess they’re angry that Obama turned out to be lame president and the fact that the democrats are going to get slaughtered in November.

Oh well, life is good.

Saul Good

September 14th, 2010
7:21 pm

“Hey, when are all the jobs coming back that Obama promised in 2008?”

Hey…first thing that needed to be done was STOP that massive leak (which was approx. 800,000 jobs being lost a month) when Obama took office. He did just that. First you need to STOP the leak and then FIX the leak BEFORE you can fill the pool again… the right just kept adding more water and did nothing to fix the leak. They STILL have no plans to fix the leak.

Too bad McCain and Palin didn’t win…perhaps we all could have experienced bread lines and soup kitchens. The right never had a plan to fix the economy and still doesn’t. That’s crystal clear.

Anyway…enjoy blaming the WRONG people/party for the mess that was created and that others are working on fixing. CHANGE does not happen over night…most of all when it’s on a scale like was left behind from the last train wreck… nobody said it was going to be easy….not once. So keep blaming those working on a solution for the problems your votes caused in the first place. It’s always easier compared to taking responsibility for ones actions. Me? I’m signing out and off and going out to enjoy a lovely evening with the Mrs…

Kamchak

September 14th, 2010
7:21 pm

6:52pm.

I see.

Show me in the relevant post at 6:36 where you said, ““it’s libs want to raise taxes”

Chuck E. Employee

September 14th, 2010
7:22 pm

“I have tolerance, unlike you.”

“Guess this means that you can dish it out but can’t take it so you just curl up in a little ball and say “Mommy, they’re not playing nice.”

The hell are you talking about?

“Time for bed little one and go dream of the South rising again. HAHAHAHAH…how lame.”

Like Tax said, whatever floats your boat.

Chuck E. Employee

September 14th, 2010
7:23 pm

Saul Good

So when are all those jobs coming back? It’s been what, almost 2 years………

Highest unemployment under Bush: 8.1%

Highest unemployment under Obama: 10%

Del

September 14th, 2010
7:24 pm

Chuck E.

Saul like many of his far left brethren don’t understand the three branches of government. They think that there is only a president who governs our country. They seem to be unaware of a Congress comprised of two houses. A Democratic controlled congress during these difficult economic times doesn’t resonate with them.

Chuck E. Employee

September 14th, 2010
7:24 pm

“Too bad McCain and Palin didn’t win…perhaps we all could have experienced bread lines and soup kitchens. ”

The last time the USA ever had bread lines was when a Democrat was in the White House.

TaxPayer

September 14th, 2010
7:25 pm

Chuckee made a foul. Improper use of another blogger’s line. That one’s good for a one hundred yard penalty.

Chuck E. Employee

September 14th, 2010
7:25 pm

Del

I don’t think Saul can tie his shoe laces much less know anything about economics.

Chuck E. Employee

September 14th, 2010
7:26 pm

“Chuckee made a foul. Improper use of another blogger’s line. That one’s good for a one hundred yard penalty.”

Grumpy

September 14th, 2010
7:28 pm

You’ve debunked nothing.

AmVet

September 14th, 2010
7:30 pm

Miami, Florida (CNN) – The ex-chairman of the Republican Party of Florida, Jim Greer, is now apologizing for stoking fears about President Obama’s address to school children last year.

Greer, now under indictment on fraud and money-laundering charges after being drummed out of the state party, also accused “many within the GOP” of having “racist views.”

Ya think?

Chuck E. Employee

September 14th, 2010
7:31 pm

“The ex-chairman of the Republican Party of Florida’

ex being the key word there.

tm

September 14th, 2010
7:31 pm

jewcaboy “If your taxes go up by 5%, you’ll be paying an extra \$12.5k out of \$250k…on a family earning \$45k that would be \$2250.”

Same proportion…but greater impact on lower wage earners

How many people am I supporting with my non deductible payment of 125k per year fof education costs with the additional 12.5k in taxes. I think the peerson at 45k can pay an additional 2250 if Clinton thought it was ok,

Chuck E. Employee

September 14th, 2010
7:31 pm

Dem aides could face massive layoffs

If Republicans sweep the House and win key Senate seats in November, it’s not just elected Democrats who will be unemployed — more than 1,500 Democratic staffers could lose their jobs, with layoffs stretching from low-wage staff assistants to six-figure committee aides.

Chuck E. Employee

September 14th, 2010
7:32 pm

TaxPayer

September 14th, 2010
7:33 pm

Let’s see if I recall Chuckee’s numbers correctly,

Unemployment change under Bush = -4.4 – (-8.1) = 3.7% decline

Unemployment change under Obama = -8.1 – (-10.0) = 1.9% decline

Bush loses by 3.7 – 1.9 = 1.8 and Obama still has another 6 years to improve on that score, just to be fair.

Fly-on-the-wall

September 14th, 2010
7:33 pm

Chuck,

Now you’ve gotten a taste of how us so called ‘liberals’ see most of the comments made by conservative such as you. Too many times it is nothing but name calling and put downs without any real discussion of the relevent points in the article that Jay wrote. It basically breaks down into a food fight which to me serves no purpose whatsoever. I rarely post comments here but I felt this time would be good in an attempt to prove a point and hopefully all of us could use it as a lesson on how NOT to have a civil discussion. Now if you don’t want civil discourse then that is your prerogative.

Chuck E. Employee

September 14th, 2010
7:34 pm

Gee, what in the world could make America hate Democrats?

The public hates almost everything Congress has done

Gallup has released a new poll asking respondents to assess the major accomplishments of Congress in the last two years: the national health care bill, the stimulus, the bailout of auto companies, the bailout of major banks and financial institutions, and the financial regulatory reform bill. The pollsters found majority opposition to all those measures, with the exception of financial reform.

http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/The-public-hates-almost-everything-Congress-has-done-102761814.html

F. Sinkwich

September 14th, 2010
7:34 pm

Chuck:

“Oh well, life is good.”

Judging by the mood of the electorate, you’re right. Kam, Saul, Tax, etc., will never concede the errors of their ways. They think they are entitled to other people’s money.

Wealth envy. Kinda pathetic.

As John Wayne said, “Life’s tough. it’s even tougher when you’re stupid.”

Chuck E. Employee

September 14th, 2010
7:35 pm

“Bush loses by 3.7 – 1.9 = 1.8 and Obama still has another 6 years to improve on that score, just to be fair.”

Yeah, with Obama’s falling poll numbers and Democrats losing elections, he’s sure to win another term!

Gotta love left wing non-logic.

AmVet

September 14th, 2010
7:35 pm

No, I’d say “having racist views” are the key words.

Notwithstanding that yet another of the countless con crooks gets caught with his hands in the American cookie jar…

Del

September 14th, 2010
7:35 pm

Chow time…why don’t we have a real discussion like about Imam Rauf’s association with the truther Faiz Kahn and his contention that 9-11-01 was an inside job as well as his comment that A. Q. had nothing to do with the attack.

Chuck E. Employee

September 14th, 2010
7:36 pm

Fly-on-the-wall

The Bookman blog bozo’s have absolutely no effect on me whatsoever. I envision them as tiny little chihuahuas nipping at my ankles.

F. Sinkwich

September 14th, 2010
7:37 pm

Chuck:

“The pollsters found majority opposition to all those measures”

Libs —–> La, La, La, (hands over ears), I can’t hear you! La, La La.”

Chuck E. Employee

September 14th, 2010
7:38 pm

“No, I’d say “having racist views” are the key words.”

Robert Byrd used to say that, too. Great klanner he was and a great democrat.

AmVet

September 14th, 2010
7:39 pm

LA, he was one of your beloved “conservatives”. Back before they all high-tailed it to the GOP…

Chuck E. Employee

September 14th, 2010
7:39 pm

F. Sinkwich

Yeah, and their anger is growing by the day. Can’t wait until November when left wingers heads explode simultaneously.

Chuck E. Employee

September 14th, 2010
7:40 pm

“LA, he was one of your beloved “conservatives”. Back before they all high-tailed it to the GOP…”

Like I told Bosch earlier, lay off the acid man. It’ll save what little brain cells you have left.

tm

September 14th, 2010
7:41 pm

So every one is in agreement, Cllinton was the greatest in reducing the deficit and we should return to ALL of the tax bracket that he had before the Bush tax cuts.

Chuck E. Employee

September 14th, 2010
7:41 pm

“Libs —–> La, La, La, (hands over ears), I can’t hear you! La, La La.”

Election day 2010 is gonna be a bad day for the bozo’s on the left.

Kamchak

September 14th, 2010
7:42 pm

Yeah, and their anger amusement is growing by the day.

Fly-on-the-wall

September 14th, 2010
7:43 pm

Chuck, your 7:25 is exactly what we’re pointing out. You pull childish crap like that but if someone else calls you out on it you get all defensive and say the libs did it first.

Like has been said with other bloggers like Chuck – nothing to see here folks, please move along.

getalife

September 14th, 2010
7:43 pm

“I know we can’t do comprehensive immigration reform,” Reid said at a news conference. “But those Republicans we had in the last Congress have left us.”

The plot thickens.

He put immigration in the defense bill.

Chuck E. Employee

September 14th, 2010
7:43 pm

Imam Rauf is the left’s new found hero. Anyone who hates America as much as he does is welcomed in their world. If only the left knew that Muslims hate gays and women. I also can’t understand why the left would welcome someone who worships at the feet of a pedophile.

Chuck E. Employee

September 14th, 2010
7:44 pm

Oh, and how am I a commie? I hate communism as much as I hate liberalism.

AmVet

September 14th, 2010
7:44 pm

The guy who is fixated on LSD, in lieu of cogent answers, still hasn’t backed up that insane claim that the south has more money than anywhere else in America.

Where’s your data to support that nonsense, LA?

Where are the facts?

Where is the first scintilla of evidence?

Del

September 14th, 2010
7:45 pm

Spirited debate lads. There doesn’t appear to be any lasses here this evening, so apart from the “laffer curves” don’t you think Inez from Aztek TV has great curves?

Chuck E. Employee

September 14th, 2010
7:45 pm

“Chuck, your 7:25 is exactly what we’re pointing out. You pull childish crap like that but if someone else calls you out on it you get all defensive and say the libs did it first.”

And when did I get defensive, Fly? Again, quit making up stuff.

September 14th, 2010
7:46 pm

[...] In a post yesterday, we took a look at the theory behind supply-side economics and the Laffer Curve. So I think it’s time to look at how the theory has worked in practice, focusing on two separate experiments with supply-side economics in the past 30 years. [...]

Chuck E. Employee

September 14th, 2010
7:47 pm

“The guy who is fixated on LSD, in lieu of cogent answers, still hasn’t backed up that insane claim that the south has more money than anywhere else in America.”

AmVet, you’ve been too busy calling people racist etc to read what I wrote. Now, with that said, anything I write will result in you claiming that I am someone else.

“Where’s your data to support that nonsense, LA?”

Bush did it. Blah blah blah.

“Where are the facts?”

Bush did it.

“Where is the first scintilla of evidence?”

Bush did it.

Bush did it.

Chuck E. Employee

September 14th, 2010
7:48 pm

Del

Turns out the Aztec Princess lied about being harassed.

godless heathen

September 14th, 2010
7:48 pm

Taxpayer: “Whatever floats your boat, godless.”

It does indeed float my boat to call you out for saying conservatives in the discussion had not read Jay’s post, when in fact it was you that had not.

Float boat, float.

Del

September 14th, 2010
7:49 pm

Chuck E.

Bless her anyway!

Chuck E. Employee

September 14th, 2010
7:50 pm

“Bless her anyway!”

And her crooked teeth.

Chuck E. Employee

September 14th, 2010
7:51 pm

AmVet

When you were in the Coast Guard, did you rescue a lot of Cubans?

Del

September 14th, 2010
7:51 pm

Chuck E.

Somehow missed her teeth. Off to chow, y’all play nice.

AmVet

September 14th, 2010
7:53 pm

Not to worry, Grand Forks, I just like seeing you get all worked up.

And to laugh at the fact that when you are asked to corroborate any of the weird stuff you say, you get even weirder.

I’m sure others will be glad to keep feeding you, but I do not suffer fools gladly.

So until we meet again, when you have yet another new moniker, au revoir gophare…

F. Sinkwich

September 14th, 2010
7:54 pm

Chuck, AmVet is as delusional as he is hopeless.

He is a brilliant observer, philosopher, and unbiased arbiter of the American politic.

If you don’t believe me, just ask him.

Mick

September 14th, 2010
7:54 pm

del

She had on some tight jeans, her curves were no laffer. I have no sympathy for her, you go into a room full of jocks and well…..you get a room full of jocks. If you can’t handle the jockstraps, get the hell out of the locker room…

Chuck E. Employee

September 14th, 2010
7:56 pm

You wrote the book on sophomoronic nonsense, Am.

“Not to worry, Grand Forks, I just like seeing you get all worked up.”

I feel sorry for the folks that will have to take care of you once those last few brain cells are gone from your constant used of Lucy in the sky with diamonds.

Chuck E. Employee

September 14th, 2010
7:56 pm

“He is a brilliant observer, philosopher, and unbiased arbiter of the American politic.”

Yeah, in his own drugged out mind.

Chuck E. Employee

September 14th, 2010
7:57 pm

Mick

Turns out she lied about the whole thing. I think the dead giveaway was when she went on 6 different talk shows to talk about it and her story changed every time.

Mick

September 14th, 2010
7:57 pm

sink

amvet runs circles around moronic conservative drivel. Mostly because he’s one of the sharper tools in the shed but mainly because your arguments are pretty lame.

Chuck E. Employee

September 14th, 2010
8:00 pm

“amvet runs circles around moronic conservative drivel.”

That’s the best lie I’ve read all day!

Mick

September 14th, 2010
8:02 pm

chuck

She loves the attention and knows the power of her sex appeal. I must admit, she’s hot… the hell with political correctness – yes, boys will be boys.

Chuck E. Employee

September 14th, 2010
8:06 pm

Mick

True, but making it up to get attention is just dumb.

Mick

September 14th, 2010
8:08 pm

**True, but making it up to get attention is just dumb**

Dumb blonde? no way – way….

Chuck E. Employee

September 14th, 2010
8:09 pm

“Dumb blonde? no way – way….”

She’s not a real blonde.

Mick

September 14th, 2010
8:10 pm

**She’s not a real blonde.**

Who is?

Kamchak

September 14th, 2010
8:13 pm

Oh, and how am I a commie?

You are not “a” commie.

You are:
Communist/AJC
LA
Who Dat?
Grand Forks
Tuesday Vandy Girl
Roller Girl
I’m here…
Mr. Charlie
Alatsea
CAIR Bears
Pullet Surprise

and quite a few others that I haven’t figured out yet.

It’s why I created the “Commie has a new sock-puppet” drinking game.

Disgusted

September 14th, 2010
8:36 pm

You’re living on borrowed time, Chuck E. In another week, Jay will be banning your new ISP, and you’ll be back on Tucker’s blog. You’re like the big bad wolf in that sheepskin, but your ears stick out for all to recognize. Too bad you lack the IQ to change your style.

TaxPayer

September 14th, 2010
8:40 pm

It does indeed float my boat to call you out for saying conservatives in the discussion had not read Jay’s post, when in fact it was you that had not.

Float boat, float

Feel free to back up your claim with fact at any time. zzzzzzz.

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 14th, 2010
8:49 pm

Buh bye Mike Castle, RINO-

http://www.politico.com/2010/maps/

See ya, wouldn’t want to be ya…

@@

September 14th, 2010
8:52 pm

Oh my!

schnirt

TaxPayer

September 14th, 2010
8:54 pm

Kamchak at 8:13,

I suspect that is only a partial list.

TaxPayer

September 14th, 2010
8:56 pm

Who’s Mike Castle. Did he invent that cheap northern imitation of Krystals or something.

mike

September 14th, 2010
8:57 pm

“But the problem is, something very destructive happened in the translation of this economic theory into political language and policy. In the popular conservative version of the Laffer Curve, no debate over the location of Point A is even tolerated, because cutting tax rates is said to ALWAYS generate more government revenue.”

All of that windup to throw out a straw man? This argument is pathetic, even by Jay’s standards. Unfortunately, Jay is describing an extreme viewpoint to which few conservatives subscribe.

@@

September 14th, 2010
8:59 pm

Kamchak:

You are:
Communist/AJC
LA
Who Dat?
Grand Forks
Tuesday Vandy Girl
Roller Girl
I’m here…
Mr. Charlie
Alatsea
CAIR Bears
Pullet Surprise

Have you ever asked yourself “Have I stayed too long at the fair?”

If not, you should.

Kamchak

September 14th, 2010
9:03 pm

Have you ever asked yourself “Have I stayed too long at the fair?”

Haven’t you already declared that you have stayed too long at the fair?

On four separate occasions?

getalife

September 14th, 2010
9:04 pm

What kind of idiot was looking at her teeth when she poured into those jeans.

Not fair for the Jets.

getalife

September 14th, 2010
9:12 pm

That will be a dem win in the primary Andy.

Check the polls.

It will not be close.

Kamchak

September 14th, 2010
9:14 pm

getalife

The word that you are looking for is callipygian

@@

September 14th, 2010
9:14 pm

Kamchak:

You may wanna go back to this morning’s thread and count forward.

@@’s posts=???

Kamchak’s posts=???

I only take an occasional ride on the Tilt-A-Whirl. You’re stuck on the Ferris Wheel.

Kamchak

September 14th, 2010
9:18 pm

You may wanna go back to this morning’s thread and count forward.

Pass.

getalife

September 14th, 2010
9:24 pm

Callipygian indeed.

TaxPayer

September 14th, 2010
9:24 pm

Before President Bush signed the 2003 tax cuts, the nonpartisan Economic Policy Institute (EPI) released a statement signed by ten Nobel prize laureates entitled “Economists’ Statement Opposing the Bush Tax Cuts,” which states that:

Passing these tax cuts will worsen the long-term budget outlook, adding to the nation’s projected chronic deficits. This fiscal deterioration will reduce the capacity of the government to finance Social Security and Medicare benefits as well as investments in schools, health, infrastructure, and basic research. Moreover, the proposed tax cuts will generate further inequalities in after-tax income.

That may be true but what does that matter to a ……………. conservative. Not to worry though. I see there is no mention of any threat to the long-term viability of that (current) one trillion dollar annual DoD budget. By the time that thing has finished growing, we’ll likely all be able to find work for the government in some branch of the military. I don’t think it’s called socialism in that scenario though. Maybe Republicanism is a good word for it.

Scout

September 14th, 2010
9:25 pm

Jay:

Seriously ……… if you took all of the energy you spend trying to make a “silk purse out of a pig’s ear” you could really make a difference out there.

Scout

September 14th, 2010
9:27 pm

P.S.

It happens.

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 14th, 2010
9:30 pm

Gitmo- Scott Brown didn’t stand a chance either.

We are cleaning our house and we will soon be cleaning yourn.

Mick

September 14th, 2010
9:34 pm

scout

I know that you refuse to believe it but he is your president too and at some point you are going to have to admit that you have gone over the edge in your post tramatic stress over the election of a half white, half african who bested all the major politicians of this day to grab the brass ring. It really is OK.

Scout

September 14th, 2010
10:05 pm

Mick:

Of course he is my president, and Bush’s and McCain’s and everyone else but he has experienced much, much less of the virtriol thown at Former President Bush.

However, he is more than just “a” president.

He is not our first black president, our first Muslim president or even our first socialist president.

No, Barack Hussein Obama is our first foreign president and that is truly scary”

Mick

September 14th, 2010
11:14 pm

scout

I don’t see how you come to that conclusion. I’m really getting turned off by politics and all its collateral implications. Anyway, keep up the good fight because the truth is we want you or someone on that wall…

paleo-neo-Carlinist

September 14th, 2010
11:40 pm

ever hear the “take two” from the White Album (Revolution)? let’s say this urban myth is true. let’s say Laffer, a pointy-headed intellectual economist scribbled some notes on a cocktail napkin, which presented a half-baked theory about reduced taxes actually benfiting Americans through a more robust economy. do you think the pathetic, draft-doding up and coming GOP operative had a “moment of clariity” and said; “wow, prosperity for all! this is great!”? OR, do you think like Simon Bar Sinister (Underdog) he rubbed his hands and said, “this illusion is perfect. We can use the formula on this napkin to sell Americans on the idea that tax cuts will benefit ALL Americans! yeah, that’s the ticket, we can sell Americans on the idea that cutting taxes and taking the national debt to new heights is actually patriotic!” OR, do you think he saw the napkin as a “roophie” he could slip into America’s drink so he and a hanful of his closest friends could date rape a nation?

I Report (-: You Whine )-: mmm, mmmm, mmmmm! Just sayin...

September 15th, 2010
4:30 am

The Nevada Democrat said at a Capitol news conference that the legislation known as the DREAM Act is long overdue. But he wouldn’t say whether he has the votes for the amendment. The act allows young people who attend college or join the military to become legal U.S. residents. -Urinal

Yep, the dummycrats can give the savage hordes of the world a DREAM of living all up in your neighborhood for free and we can give the dummycrats a NIGHTMARE of being totally powerless for fifty freaking years.

Saul Good

September 15th, 2010
7:34 am

Scout… I felt an obligation to inform you that Hawaii is NOW a state and is part of the USA…has been since 1959. Please try to read/purchase history books that a bit more up to date.

Scout

September 15th, 2010
11:20 am

Saul Good:

It has nothing to do with where he was born and everything to do with his unpatriotic anti-American policies.

September 15th, 2010
1:23 pm

[...] In a post yesterday, we took a look at the theory as it illustrated in the Laffer Curve. Now it’s time to look at how the theory has worked in practice, focusing on the two separate experiments with supply-side economics that we’ve run in the past 30 years. [...]

Jay

September 15th, 2010
4:26 pm

Actually, Dave, the tax-cut mania is itself a form of Keynesian theory. It says that if you dump a lot of made-up money into the economy, it’s like priming the pump (a metaphor that is sadly losing its relevance for most.) The GOP just likes to pretend that because they do it through tax cuts, it’s not really Keynesian.

Jay

September 15th, 2010
5:03 pm

Leg Lamp, quit spamming the site.

Jay

September 15th, 2010
5:16 pm

Except that I didn’t “pick” the years, Big One.

The years in question were the years the presidents in question took office, and also the years in which they signed major tax legislation. The years selected themselves in other words.

Jay

September 15th, 2010
5:26 pm

And Grumpy, if I’m wrong, it should be easy to demonstrate that fact.

The National Bureau of Economic Research concludes that a minor recession began in March 2001 but by November 2001, less than two months after 9/11, that recession had ended and the economy began to recover.

http://www.nber.org/cycles/july2003.html

If you have economic data to the contrary, please post it. Oh, and cc the NBER as well.

Jay

September 15th, 2010
7:12 pm

Phil, I noted my sources in the post.

I also noted that my numbers are adjusted for inflation, and I don’t believe yours take that into account.

Jay

September 15th, 2010
7:15 pm

And RB, your post suggests that in the absence of any factual rebuttal, you stoop to personal attack.

That’s fine, I suppose, if that’s all you’ve got.

Which it clearly is.

Jay

September 15th, 2010
8:12 pm

Niells, take a look at Part One.