The 'Tax Cut, For or Against' thread

[Az]

erm, Spiff, I ... ahem.. really don't see it as signature material.

[Lawrence of Arabia]

Clinton rode the upward trend that resulted from Reaganomics. It was so good even he couldn't **** it up...largely because the conservatives in congress held his spending in check.

Reagan was an idiot. He thought that trees caused pollution, and that starving third world citizens could eat ketchup to survive.

[Kuciwalker]

Reagan also beat the Soviet Union. Give him some credit.

[Lawrence of Arabia]

Was it worth it? I dont think so.

[Kuciwalker]

He also built up our military so we could HAVE a gulf war.

[Lawrence of Arabia]

Was that worth it? I don't think so.

[Imran Siddiqui]

It's funny how Reagan's policies created the worst economic climate and greatest rise in poverty since the New Deal came about.

The 80s were incredibly prosperous, Sava, I suggest you check it out . Especially when you compare it to the crap 70s, it seemed almost like a miracle.

The 91 recession was VERY short in terms of duration. It lasted basically for just one year.

I support a tax cut, just a much smaller one, and more directed to lower incomes.

[Kuciwalker]

Well, LoA, that's your opinion. I personally think Reagan was one of our very best presidents.

[Lawrence of Arabia]

We already had a tax cut. Why do we need another?

[Kuciwalker]

...

Because it wasn't ENOUGH of a tax cut. Duh.

[Zkribbler]

Originally posted by Imran Siddiqui
The 80s were incredibly prosperous, Sava, I suggest you check it out .

For the Dow Jones and for the economic elite, sure. But the lower class lost ground. For the middle class, their real wages were stagnant until after Clinton became President.

[Shi Huangdi]

Originally posted by Spiffor

Signature material !

I happen to completely agree with you on this one. But I'd hardly imagine you'd tell so if Gore was president in an exactly same situation

I give Democratic presidents there due on the rare occasion they do something right. Kennedy was right with his tax cut and overall had a pretty decent administration, Clinton in spite of his faults did pass a great welfare reform bill.

[Imran Siddiqui]

For the middle class, their real wages were stagnant until after Clinton became President.

It was well after Clinton became President, however .

It also required a change in Congress (which directly led to a change in Clinton's economic view).

Hey, it's alright that the 80s mostly helped out the economic elite (though there were also many more jobs created in the 80s). After the 70s, as long as any sector grew it was a'ight . That, and I'm convinced the removal of regulations was on of the reasons for the internet boom.

[Frankychan]

AGAINST!

Since I'm student (same as Q Cubed) I need the money and with the cut, I'm getting a whopping $0.00. Hmmm, where should I go with my money from the tax cut?---->Maybe the street corner so I can beg for some real money.

Tax cut doesn't help the people who really need the money.

[Lancer]

Frankychan, it gives the money back to those that EARNED IT.