No, I said you couldn't raise taxes enough to pay down the debt. It is a fact. The economy has to grow for us to run a surplus again. Raising taxes does not bring a surplus. Other things HAVE to happen and unless you sleep with Barry at night and he tells you all his economic policy secrets, his only solution is a tax increase. THAT WILL NEVER PAY DOWN THE DEBT. IT IS IMPOSSIBLE.... Sit back down pops.
I will go with Clinton b/c I know you two turdknockers will bring it up. 1) This is not the same economy Clinton had 2) Clinton did raise taxes B) Clinton cut spending @) The fucking economy grew more than 1% P) Clinton reduced interest rates It would be an utter disaster to raise any taxes with a 1% growth rate, no spending cuts, and NO FUCKING BUDGET....
If it's a fact then produce the evidence, Pride. Anyone can type in all caps and bold, but you have offered no proof of your position. On the contrary I have given you facts, hard data from the bureau of economic analysis and the bureau of labor and statistics, and you refuse to accept it. Offer your evidence or shut up. Until you offer something to prove that lower taxes create jobs and higher gdp growth then shut your mouth.\
Winston, you are full of bull my friend. In 1987 we had an economic crisis, the savings and loan crisis, that became known as Black Monday. By 1991 we were in full recession again and George HW Bush had to go back on his "Read my lips, No New Taxes" pledge by what? You better believe it.....raising taxes. I actually give GHW Bush props for doing so because it took back bone to stand up to his party, go back on his pledge and do what was right for the country. Because GHW Bush took the steps that he did, you are correct, the economy was coming out of recession when Clinton took office. That said, please don't try and act like Reagan and GHW Bush were the real saviors of the economy because that is utter bull shit. You say, "Did the Clinton tax increases help?" Did they hurt? Did they kill job creation like everyone claims? Did they actually harm the effort to balance the budget? No one is taking anything away from the Republican congress during the 90's. In spite of their personal hatred for one another, Clinton and Gingrich actually accomplished a lot together. The same could be true of Obama and Boehner too but the Republican party has taken a decided turn right and their refusal to compromise with Obama for fear it make him look good is ridiculous and, frankly, un-patriotic as far as I am concerned.
The evidence, like i already said, is the fact that IT HAS NEVER BEEN DONE. My argument isn't even with you it was with Red. Learn to read.
Stop acting like an idiot. Both tax cuts and tax increases can do good/bad depending on the economic atmosphere at the time and how they are presented in structure. Stop painting this pity me democratic bullshit and be a man here.
