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Originally posted by SignyM:
Seems like common sense has been lacking from the right-wing over the past several years.

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Originally posted by Hero:

We disagree. Its not a matter of sense or senselessness. Its ideology. Just because a person does not share your ideology does not make them senseless or stupid.

...Perhaps a baseless attack on a person's integrety, intellegence, or patriotism.

(Thinks of Joe the Plumber, Tito the builder, Hero the Prosecutor, and all those who'd like to ask a question for the sake of hearing the answer.)

Certainly there are those whose patriotism, intellegence, and integrety should be questioned...

H

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We disagree. Its not a matter of sense or senselessness. Its ideology. Just because a person does not share your ideology does not make them senseless or stupid.

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I'm just wondering if I'm the only one here who knows the definition of doublethink...

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Originally posted by SignyM:

Whatever the frak happened to common sense?

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Originally posted by Kirkules:
You are correct Rue, JFK was an inspiration for Republicans.



"It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now ... Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."
– John F. Kennedy, Nov. 20, 1962, president's news conference
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"Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government."
– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964
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"In today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarges the federal deficit – why reducing taxes is the best way open to us to increase revenues."
– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: "The Economic Report Of The President"
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"It is no contradiction – the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction of individual income tax rates."
– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: "The Economic Report Of The President"
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"Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort – thereby aborting our recoveries and stifling our national growth rate."
– John F. Kennedy, Jan. 24, 1963, message to Congress on tax reduction and reform, House Doc. 43, 88th Congress, 1st Session.
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"A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new conveniences, education and investment. Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding or improving his business, and as the national income grows, the federal government will ultimately end up with more revenues."
– John F. Kennedy, Sept. 18, 1963, radio and television address to the nation on tax-reduction bill

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Originally posted by Kwicko:

So you agree that Obama is the best choice, because he cuts taxes the most, for the greatest number of people, which will in turn increase the flow of revenue into the treasury!

Mike

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Originally posted by rue:
Kirkules

You would not like Kennedy's plan - the top tax rate was 70%. And there were proportionally larger tax cuts aimed at the middle class (which generates consumption) as opposed to the moneyed class. And there were other differences between then and now. The government was running a surplus - it was paying down existing debt. So it could afford to reduce its income without competing with individuals and businesses for loans.

IF you had a 70% top tax bracket, and IF the government was running a surplus and IF the tax cuts were aimed primarily at the middle class, you'd have a point.

But they aren't, so you don't.


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But it does make a good case for a 70% top tax bracket and tax cuts for the middle class. I think we should implement the Kennedy plan all the way including those tax rates --- don't you ?

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There's no doubt that even Obama's tax cuts would have somewhat of a stimulative effect on the economy in the short run. Giving tax cuts to those in lower tax brackets and those who pay no taxes will result in consumer spending, because these groups spend a greater potion of their disposable income. The problem is that to have an economy that is healthy over the long term you need the capital investment that results from low capital gains and corporate taxes.

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Originally posted by Kirkules:

If low income people would begin to save again like they have in the past that would provide investment capital to the system, but the levels of savings in recent years is no were near what is needed to create the infrastructure for sustainable economic growth.

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Originally posted by Kirkules:

I could live with a slow increase in taxes on the rich, as long as it's done in a responsible way that doesn't stifle economic growth and entrepreneurship. The problem with Obama is that he wants to raise taxes to punish the rich without regard for the consequences to the economy and revenues. His tax plan will stifle growth over the long term and result in lower revenues not higher. This is what JFK understood that Obama doesn't.

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Originally posted by rue:

The thing is that, in general, people don't vote for who has the better policy, it's more like a junior-high popularity contest.

So people just trample over their own common sense in their rush to the candidate that makes them feel good.

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Originally posted by chrisisall:
"People vote for who they could see themselves sitting around having a beer with- people just like themselves.

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