The GDP would not have increased as much without the tax cuts. Regardless, once again government revenue had the "largest four-year increase in American history from 2004 to 2007". Yet during that period the deficits increased. Any rational person should realize it's a spending issue. I don't disagree but Obama's spending is much worse. You have only supplied support for my argument that we have a major spending problem and that despite record revenue increases deficits continued to rise. The graph clearly shows healthy revenue increases. If you disagree then what annual percent increase in revenue do you consider to be healthy? If the graph did chart spending too it would simply show how the healthy revenue was overshadowed by the enormous spending.
Well, I asked you and SF to defend is giving tax breaks to billionaires for their private jets since you defend the GOP. Having trouble with htat?
Prove it. Any think person would realize that it's a responsibility issue. The Bush administration reduced their income but increased their spending. They lied when they said that cutting the taxes would force "government" to cut spending. Well, the GOP had the White House, both houses of Congress and the Supreme court and they cut NOTHING but income, creating the deficits. Cutting taxes alone does nothing but dig us deeper into debt. it's a failed policy. Yet the GOP inists on even more tax cuts for the wealthy. This will do nothing but make the situation worse. And if they do get into office, they will not carry through on spending cuts, just like last time. We've seen what the Republicans do to a healthy economy, they ruin it. The graph shows no such thing. It does not chart "healthiness" and you haven't even defined healthiness. To me a healthy revenue is one that pays expenses. This one clearly does not. What makes it "healthy"?
I told you. You just don't like the answer. For major corporations, private aircraft is a money-saver. Peons like you and me cannot relate because our time, relative to our employment, is not that valuable. Whether you admit it or not, these major corporations buying up those jets are also the engines that drive job growth in this country. We need them to be here, making money and remaining viable. Thus, the government will provide incentives to bring them, and keep them, here. You liber...err...non conservatives...take the simplistic view of the gov't saying "here, good buddy...how about a free jet"? Yet, you turn a blind eye to a trillion dollars blown on sweetheart grants and useless programs such as cash for trash, or whatever the fk they called that car program, disguised as a "stimulus.. Also, a lot of people are employed by the aviation industry and would appreciate you libs looking elsewhere to find reasons to bash conservatives.
Well, I'm with you up to the last sentence. But follow through with your own Republican logic. These corporations use these jets because it makes them more money and therefore more competitive, and therefore more successful. They are doing fine and making unprecedented profits and have huge cash reserves. They don't need any government incentives. This is corporate welfare at its worst. You bitch and moan every day about people wanting an handout for doing what they should be doing anyway. Why can't you admit that this is no different. You bitch and moan every day about government interference with private industry. Yet these poor, poor wealthy corporations must have incentives from the government to gold-plate their travel agenda? Corporate welfare needs an overhaul just like welfare for the poor did.
I'm not the one kissing their asses, that would be you. You support the billionaires over interests of the middle-class that you are in. What do you get out of it? Nuthin'. People are wising up to this. Republicans are defending taxes for the rich, and demanding cuts in social security and medicare that will cripple everyone else. People remember what happened the last time this bunch had control of Washington. They crashed the economy and everybody had to take a bite out of a chit sandwich . . except big business, big finance, big insurance, and the very wealthy, whose wealth increased.
