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How many studies does it take to change the minds of conservatives?
http://finance.yahoo.com/news/tax-cuts-rich-dont-s...
The non-partisan Congressional Service says that tax cuts for the wealthy don't produce jobs, revenue, growth, savings, or investment. Just more money for the wealthy.
Trickle down economics have failed and may yet destroy this country. What will it take to prove this to conservatives?
@Brian - all that growth was funded on a credit bubble - you know, the one that finally burst in 2008. Well, that and outsourcing American jobs to China. Wages for most Americans barely kept up with inflation. Productivity increased far above inflation and the wealthy kept all of the gains. There just wasn't a lot of growth for most Americans.
@Frank - not after Bush exploded the deficit with an unnecessary, unwinnable war (Iraq) that he had no intentioin of paying for, deregulation of the banking industry, his insistence that Fannie Mae and Freddie Mac buy up the bundled mortgages (saddling them with losses), lowering taxes on the wealthy, etc. etc. etc. - and the economy tanking as a result. Of course Obama hasn't been able to fix it all yet.
18 Answers
- DaveLv 69 years agoFavorite Answer
Trick question, conservatives decide what they're gonna think WAY before they look for any sort of proof.
- libertarianLv 69 years ago
I did not look at your link but I agree that making the super rich all the more affluent will not make jobs if no one can afford the product.
I am a Fiscal conservative Republican that was a Ron Paul delegate at our Republican state convention this year. We are not all so bad you know, Some of us are fighting for control of our own party and trying to change attitudes. We could use some help from fiscally conservative democrats to reign in our government spending and the democrats could get some support from socially moderate Republicans.
We need to find the middle ground for the good of our country.
Peace.
- WednesdayLv 79 years ago
According to the New York Times since the 2001 Bush Tax cuts we have slid down the charts into the depths of hell.
Every study shows that tax cuts do not work and will harm the economy.
But that's what "Budget expert" Paul eddie Munster Ryan says that "the charts were just a coincidence and it does not reflect reality" ok...............
- ?Lv 79 years ago
Try telling those that were truly suffering in 1980 with, in my opinion, a worse economy that we had in 2008. The tax cuts boosted the economy greatly and for the next 25 years we experienced unprecedented growth.
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- 9 years ago
Do not care. Just get the money from somewhere so I can keep getting my goverment check for sitting in my recliner and doing nothing while others work. Vote Obama cause I need moe money.
- Anonymous9 years ago
If you are talking about the CBO, it is not non-partisan anymore, and is not equipped nor permitted to allow for expansion of the economy in its calculations of the effects of reversing all of obongo's policies.
- j dLv 59 years ago
Simple. Try your own medicine
Just take EVERYONE's money and let the government decide who to give it to!
I trust the government more than I trust my ability to decide how to spend my own money.
And everybody should do the same
AND I trust those guys in Washington to create jobs and develop the next Apple more than
some smart geek in a garage willing to work 16 hour days to build a company
LOL
- u_bin_calledLv 79 years ago
look at what were considered things reserved for the wealthy in 1980... you know, things like mobile phones, personal computers, large-screen tvs... you DO know that all those things existed back then.... right? But they were only available to the wealthy...along with luxury cars, 3,000 sq. ft. houses and designer clothes...
...now look at the economic policies from 1981-1989....
... now tell me how all those products suddenly became everyday, middle-class "necessities?"
ok... now pretend that reality never happened... then you're side will win...
- Anonymous9 years ago
You do if you look at the article that it is just the rambling of a MSNBC journalist that cites not one credible source. CRS is biased as they are Congress based.
- Anonymous9 years ago
Change minds?
I think you might have fundementally misunderstood the happy intersection of blind greed and blind faith.