Posted On: 02/22/2016 1:50:05 PM
Post# of 65629
I'm a pragmatist. I need real world examples .
Of course no one likes to pay higher taxes. but historically they HAVE been associated with greater job creation AND lower budget deficits.
See Clinton administration. Also, Reagan raised them several times after first cutting them.
Obama kept the Bush rates for most, kicked it up slightly on the top.
We did not 'double dip', much less slide into a depression. 'Low bars' you may say, but much worse was predicted by many, many Republicans.
Obamcare was also going to cost jobs. It hasn't. If it had, we might have seen Romney's predicted 6% unemployment rate by the end of his first term, later this year!
At some point we should ALL require that Republican economic policies and prognostications be based upon empirical evidence rather than dogma.
Of course no one likes to pay higher taxes. but historically they HAVE been associated with greater job creation AND lower budget deficits.
See Clinton administration. Also, Reagan raised them several times after first cutting them.
Obama kept the Bush rates for most, kicked it up slightly on the top.
We did not 'double dip', much less slide into a depression. 'Low bars' you may say, but much worse was predicted by many, many Republicans.
Obamcare was also going to cost jobs. It hasn't. If it had, we might have seen Romney's predicted 6% unemployment rate by the end of his first term, later this year!
At some point we should ALL require that Republican economic policies and prognostications be based upon empirical evidence rather than dogma.
(0)
(0)
