Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?
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Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: Bret Cahill
Date: Jun 1, 2008 22:32

A:

The _truth_ upsets rightards.

Bret Cahill
8 Comments
Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: tooly
Date: Jun 2, 2008 01:02

"Bret Cahill" aol.com> wrote in message
news:7477a935-e026-462d-b181-2ed3fe7b520b@w5g2000prd.googlegroups.com...
> A:
>
> The _truth_ upsets rightards.
>
>
> Bret Cahill
>
>

The Clinton years were product of Fed's ability to engender confidence in
the early 80's with policy to stave off inflation [rather than to stimulate
growth during times when both were needed (stagflation years of Carter's
last years)]. That confidence stimulated investment and along with Reagan
tax cuts, spurred the economy on toward unprecedented growth that lasted up
until 9-11 (save for a downturn due to a supply pipeline disruption in auto
industry in 1991 that helped oust Senior Bush in 1992). Clinton also reaped
a lion's share of productivity gains through computerization that had been
ongoing since the '70s...but peaking through the 90's.
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: ZerkonX
Date: Jun 2, 2008 05:16

On Mon, 02 Jun 2008 04:02:18 -0400, tooly wrote:
> "Bret Cahill" aol.com> wrote in message
> news:7477a935-e026-462d-b181-2ed3fe7b520b@w5g2000prd.googlegroups.com...
>> A:
>>
>> The _truth_ upsets rightards.
>>
>>
>> Bret Cahill
>>
>>
> That confidence stimulated investment and
> along with Reagan tax cuts, spurred the economy on toward that lasted
> up until 9-11 (save for a downturn due to a supply
> pipeline disruption in auto industry in 1991 that helped oust Senior
> Bush in 1992). Clinton also reaped a lion's share of productivity gains
> through computerization that had been ongoing since the '70s...but
> peaking through the 90's.
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: Bret Cahill
Date: Jun 2, 2008 06:48

>>> A:
>
>>> The _truth_ upsets rightards.
>
>>> Bret Cahill
>
>> That confidence stimulated investment and
>> along with Reagan tax cuts, spurred the economy on toward �that lasted
>> up until 9-11 (save for a downturn due to a supply
>> pipeline disruption in auto industry in 1991 that helped oust Senior
>> Bush in 1992). �Clinton also reaped a lion's share of productivity gains
>> through computerization that had been ongoing since the '70s...but
>> peaking through the 90's.
>
> Reagan's "unprecedented growth" was in fact a unprecedented growth in
> debt and corporatism. It did not 'trickle down" it did not spur
> investment outside of M&A consolidation. Energy conservation and
> alternatives to oil use, which was in fact a consumer revolution, was
> systematically undermined. Form became function, thought became slogans
> and reasoning was sacrificed up to cheap emotion. America became a ...
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Re: Why Do Leftards Go All Nostalgic about the High-tax Jimmy Carter Economic Stagflation Boom?         


Author: Shrikeback
Date: Jun 2, 2008 10:02

"Bret Cahill" aol.com> wrote in message
news:7477a935-e026-462d-b181-2ed3fe7b520b@w5g2000prd.googlegroups.com...
> A:
>
> The _truth_

Oh, sure, bring religion into this.

We are a free people. You can't force us
to kneel down and pray to Paul Ehrlich.
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: tooly
Date: Jun 2, 2008 11:52

"ZerkonX" X.net> wrote in message news:pan.2008.06.02.12.16.47@X.net...
> On Mon, 02 Jun 2008 04:02:18 -0400, tooly wrote:
>
>> "Bret Cahill" aol.com> wrote in message
>> news:7477a935-e026-462d-b181-2ed3fe7b520b@w5g2000prd.googlegroups.com...
>>> A:
>>>
>>> The _truth_ upsets rightards.
>>>
>>>
>>> Bret Cahill
>>>
>>>
>> That confidence stimulated investment and
>> along with Reagan tax cuts, spurred the economy on toward that lasted
>> up until 9-11 (save for a downturn due to a supply
>> pipeline disruption in auto industry in 1991 that helped oust Senior
>> Bush in 1992). Clinton also reaped a lion's share of productivity gains
>> through computerization that had been ongoing since the '70s...but
>> peaking through the 90's. ...
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: ZerkonX
Date: Jun 3, 2008 04:19

On Mon, 02 Jun 2008 14:52:04 -0400, tooly wrote:
> Well, you're wrong here, spurred by emotion and not fact I think.
> Putting tax breaks in the hands of those with the tools to create new
> industry created new jobs and REAL GDP

Emotion? Like the purely 'emotional feeling' that the manufacturing
capacity in the US just took off after that high reinvestment era?
> You haven't got your finger in the right place if cannot already feel
> the rising pulse of the population...and gas is only $4 a gallon as of
> yet. Wait until it's 5 and 6 bucks. That's not going to spur new
> research and development...just panic demand to tear the planet up even
> more.

I suppose, at this point, it is just a matter of opinion who has what
finger where. I things already being done some continuing from 20 years
ago.
> you're watching too many Micheal Douglas movies my friend..

Sorry, No idea what you mean by this.
> Crime paid? Hmmm...oh...you mean how JFK got elected.
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: tooly
Date: Jun 3, 2008 08:15

"ZerkonX" X.net> wrote in message news:pan.2008.06.03.11.24.07@X.net...
> On Mon, 02 Jun 2008 14:52:04 -0400, tooly wrote:
>
>> Well, you're wrong here, spurred by emotion and not fact I think.
>> Putting tax breaks in the hands of those with the tools to create new
>> industry created new jobs and REAL GDP
>
> Emotion? Like the purely 'emotional feeling' that the manufacturing
> capacity in the US just took off after that high reinvestment era?
>
>> You haven't got your finger in the right place if cannot already feel
>> the rising pulse of the population...and gas is only $4 a gallon as of
>> yet. Wait until it's 5 and 6 bucks. That's not going to spur new
>> research and development...just panic demand to tear the planet up even
>> more.
>
> I suppose, at this point, it is just a matter of opinion who has what
> finger where. I things already being done some continuing from 20 years
> ago.
> ...
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Re: Why Does "Tax Cut Recession" and "High Tax Clinton Economic Boom" Upset Rightards?         


Author: Fred Weiss
Date: Jun 4, 2008 07:25

On Jun 2, 4:02 am, "tooly" bellsouth.net> wrote:
> The Clinton years were product of Fed's ability to engender confidence in
> the early 80's with policy to stave off inflation [rather than to stimulate
> growth during times when both were needed (stagflation years of Carter's
> last years)]. That confidence stimulated investment and along with Reagan
> tax cuts, spurred the economy on toward unprecedented growth...

Don't overlook the collapse of communism which ended "The Cold War".
That was also accompanied by the generalized defeat of socialist
thinking leading to a greater adherence to free market principles and
massive privatization of formerly state-owned industries world-wide.
China was the most notable example, resulting in an explosion of
economic growth which continues to this day. China offered the world
lower cost production and a vast new market. Add Eastern Europe,
Ireland, and even India.

Clinton's "high taxes" was also tempered by a Republican controlled
congress - which btw we will see again in 2010 (possibly in a
landslide) after the country is reminded once again what they have to
endure under the Democrats, not to mention a "Black Liberation"
Democrat.
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