Off-Topic: OK MM

Nolin River Lake Topics

(Nolin River Lake Specific)

2 messages

Updated 6/24/2009 2:03:36 PM

Off-Topic

Lakes Online Forum

83,602 messages

Updated 4/25/2024 2:40:42 AM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Nolin River Lake Fishing

(Nolin River Lake Specific)

1 messages

Updated 2/18/2007 6:33:51 PM

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	architect -
	Subject:	OK MM
	Date:	1/9/2013 12:10:43 AM (updated 1/9/2013 1:02:26 AM)

I know this is whipping a dead horse but so what. I know this is going to be dull as dishwater but so what. You spout your "facts" constantly and the "sheeple" on this forum swallow it like Candy. I wish they would occasionally do a little fact checking of their own rather than always fall in line. You try (with no success) to belittle any poster who dares to dispute your ideas and demand that they back up their claim with facts, then when they do just that you either disappear, change the subject or indignantly dispute their assertions with more editorializing but no actual contrary facts.

On 1/6/13 at 4:43:16 you popped off in response to one of my posts in that thread with the closing comment "Glad to do your research for you Archie".

Well I would gladly accept the "research" if it was correct...with you it is apparently made up!

You point out that we agree Carter was a lousy president then make statements that are simply not correct.
Employment went up every year of Carter's adm, not down as you claim. According to the BLS in the 4 years from 1977 - 80 US employment went up by 10.3 million from 80.7 million to 91 million (13%)...FACT. Tax revenues grew
47.8% during the 4 Carter years...FACT. Now Carter was a failed president, mainly because of the hostage crisis, but fair minded people don't need to bend the truth to prove the point. (Oh BTW: Reagan and Volcker may have fought inflation but Carter and Volcker also fought oil shock inflation after Carter appointed Volcker.)

Reagan 's adm saw employment go up in 8 years by 17 million from 91 million to 108 million (18%)...FACT
Revenues under 8 years of Reagan ("thanks" to his tax CUTS and "in spite" of his TAX increases) grew 55%...FACT

You then make the claim revenues after the Bush tax cuts were at RECORD HIGHS until the 2008 housing crash. Actually, according to the Tax Policy Center, the worst revenue years for Bush were in his first term. They fell 9.8% from 1145.4 billion in 2001 to 1033.4 billion in 2002 (9/11 certainly didn't help) and another 10.4% to 925.5 billion in 2003 before finally recovering 7.8% to 998 billion in 2004...FACT. For the first term revenue was down 12.9%. In the 2d term revenues were up 20.8% to 1205.5 billion in 2005, up 15.9% to 1397.8 in 2006, up 9.7% to 1533.7 in 2007 then down 5.5% to 1450.1 in 2008. For the entire 8 years Bush had revenue increases of 26.6%...FACT   W had record high revenues only in 2006, 2007 and 2008 (all other years they were below Clinton's last year)...and guess what, Carter's were at "record highs" to that time every year he was in office...same Clinton and for Reagan except in 1983. The fact is Bush had dismal, not record, revenues even with his tax cuts. The growth (26.6%) in revenue during W's term was also no where near a record...That belongs to Clinton (up 93.2% in 8 years in spite of those onerous tax increases...guess that helped get us to surplus). BTW: Clinton also holds the record for job growth at 23 million (21%) Now how about Obama, well in 2009 revenues plummeted to 1053.3 billion before rising to 1272.6 billion in 2011...O's deficits would look a lot better if he had Bush's 2007 revenues of 1533.7 billion! FACT But, Bush's revenue record was stering compared to his employment record...in 8 years 1.1 million jobs...worst since Herbert Hoover! FACT. In 4 years of Obama the jobs total is up 500,000 from when he took office and if it continues to grow at the present rate it will be up 8 to 10 million by the end of the 2d term, not up there with Clinton or Reagan or even Carter for that matter, but way ahead of W!

Another bit of trivia. GDP increases:
   Carter    up 37.4% in 4 years
   Reagan    up 63.1% in 8 years (25.7% in 1st term, 20.1% in 2d term...you claim the the 1st term was when he
cleaned up Carter's mess and the boom came in the 2d term)
   Clinton up 54.3% in 8 years
   Bush up 35.5% in 8 years (fell in 1 year-2008)
   Obama up   4.1% in 2 years (up both years)

This is demonstration that there is no obvious direct relationship between cutting taxes = boom and raising taxes = despair. As previously stated, unlike you, I do not claim to know that much about why the economy performs as it does...then again apparently neither do you if you continue to claim only good things come with tax cuts and only bad things come with tax increases when the facts do not back it up. Willing it so does not make it so!

Now MM, continue to push your ideas as forcefully as you please, but when you use facts to back them up please try to do a little research for of your own and be a little more careful to be sure those claimed facts are in line with the actual facts.