BTW, Mike; oil prices “plunged” today(or did they “plummet”?); are you on top of that good news?
robert108 - 12:03pm on 03/17/2008
I thought it was contained.
Why aren’t the tax cuts workin.
Mark D - 12:03pm on 03/17/2008
Why aren’t the tax cuts workin.
Typical leftie attempt at distraction; tax rate cuts always work, even when JFK did them. It’s basic economics. The trick is to get Congress to spend less and to stop passing legislation that forces “affirmative action” quota practices on the home loan industry.
The lying propaganda by the AP doesn’t help, either.
robert108 - 12:03pm on 03/17/2008
Retail sales were down from the previous month so clearly the AP didn’t lie.
Shoppers stopped buying everything.
Excuse me, even on the month to month sales that isn’t true. Shoppers bought slightly less would be the story.
The story is designed to scare with an untruth. They are liars.
The economy has some problems in certain areas, but retail sales are not one of them.
The Whistler - 12:03pm on 03/17/2008
so it is contained!
Mark D - 12:03pm on 03/17/2008
Actually, of course, the tax rate cuts have been working, as they have each and every single time tax rates were cut in the past (Cooledge, JFK, Ford, Reagan, and Bush), and for those who would seriously wish to see economic activity start to increase rapidly again, I would suggest making the Bush tax cuts permanent, further reducing the cost of capital by eliminating the tax on dividends altogether, and indexing capital gains for inflation and further reducing the tax rate on capital gains to a flat 12.5% The effect of these rate reductions on our economy would be nearly instantaneous.
Bat One - 12:03pm on 03/17/2008
Bat1, for the liberals benefit I would suggest that Clinton’s signing the lower capital gains tax rate the Republican sent up there also proves that tax cuts spur economic activity.
The Whistler - 02:03pm on 03/17/2008
r108...I was hoping for a little civility. It was nice to the the oil price dip but I see those leftists are just cheer leading even harder so I’m sure it’s headed back up soon.
MikeAdamson - 02:03pm on 03/17/2008
and where’s lik to fix the italics I’d like to know.
MikeAdamson - 02:03pm on 03/17/2008
r108...I was hoping for a little civility.
You mean like all the times you have impugned my credibility?
BTW, both Clinton and Obama today blamed the state of the economy on President Bush. I guess you got clairvoyance instead of civility from me, although I really don’t think I’ve been uncivil to you.
BTW, Mike; oil prices “plunged” today(or did they “plummet”?); are you on top of that good news?
I thought it was contained.
Why aren’t the tax cuts workin.
Typical leftie attempt at distraction; tax rate cuts always work, even when JFK did them. It’s basic economics. The trick is to get Congress to spend less and to stop passing legislation that forces “affirmative action” quota practices on the home loan industry.
The lying propaganda by the AP doesn’t help, either.
Shoppers stopped buying everything.
Excuse me, even on the month to month sales that isn’t true. Shoppers bought slightly less would be the story.
The story is designed to scare with an untruth. They are liars.
The economy has some problems in certain areas, but retail sales are not one of them.
so it is contained!
Actually, of course, the tax rate cuts have been working, as they have each and every single time tax rates were cut in the past (Cooledge, JFK, Ford, Reagan, and Bush), and for those who would seriously wish to see economic activity start to increase rapidly again, I would suggest making the Bush tax cuts permanent, further reducing the cost of capital by eliminating the tax on dividends altogether, and indexing capital gains for inflation and further reducing the tax rate on capital gains to a flat 12.5% The effect of these rate reductions on our economy would be nearly instantaneous.
Bat1, for the liberals benefit I would suggest that Clinton’s signing the lower capital gains tax rate the Republican sent up there also proves that tax cuts spur economic activity.
r108...I was hoping for a little civility. It was nice to the the oil price dip but I see those leftists are just cheer leading even harder so I’m sure it’s headed back up soon.
and where’s lik to fix the italics I’d like to know.
You mean like all the times you have impugned my credibility?
BTW, both Clinton and Obama today blamed the state of the economy on President Bush. I guess you got clairvoyance instead of civility from me, although I really don’t think I’ve been uncivil to you.