U.S. Kansas Tax Cut Experiment Comes To An End As Lawmakers Vote To Raise Taxes

cawacko said:
Obama never hit 3% growth once. Is that our new goal now? And we are in a bubble. You can't run up that much debt, have zero interest rates and think things are going to end smoothly.
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We have low interest rates due solely to corporate ownership of the govt. I agree that the market is in some sort of false bubble. That has nothing to do with any presidential policy.

So you don't agree with trump's plan to cut taxes for billionaires?
 
evince said:
Following the end of World War II and the large adjustment as the economy adjusted from wartime to peacetime in 1945, the collection of many economic indicators, such as unemployment and GDP, became standardized. Recessions after World War II may be compared to each other much more easily than previous recessions because of these available data. The listed dates and durations are from the official chronology of the National Bureau of Economic Research.[6] GDP data are from the Bureau of Economic Analysis, unemployment from the Bureau of Labor Statistics (after 1948). Note that the unemployment rate often reaches a peak associated with a recession after the recession has officially ended.[29]


Annualized GDP change from 1923 to 2009. Data are annual from 1923 to 1946 and quarterly from 1947 to the second quarter of 2009.
No recession of the post-World War II era has come anywhere near the depth of the Great Depression. In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP has fallen 5.1% as of the second quarter of 2009) and unemployment rate reached 10% (the highest since was the 10.8% rate reached during the 1981–82 recession).[30]
The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27. From 1919 to 1945, there were six cycles; recessions lasted an average 18 months and expansions for 35. From 1945 to 2001, and 10 cycles, recessions lasted an average 10 months and expansions an average of 57 months.[6] This has prompted some economists to declare that the business cycle has become less severe.[31] Factors that may have contributed to this moderation include the creation of a central bank and lender of last resort, like the Federal Reserve System in 1913, the establishment of deposit insurance in the form of the Federal Deposit Insurance Corporation in 1933, increased regulation of the banking sector, the adoption of interventionist Keynesian economics, and the increase in automatic stabilizers in the form of government programs (unemployment insurance, social security, and later Medicare and Medicaid). See Post-World War II economic expansion for further discussion.
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it says this wack
 
Yeah, the old '90's "we can moderate the business cycle" rhetoric. People say amazing things when in a bubble.

This was back when they called Greenspan "the maistro" for his handling of the economy. We see what that intervention brought us
 
cawacko said:
Yeah, the old '90's "we can moderate the business cycle" rhetoric. People say amazing things when in a bubble.

This was back when they called Greenspan "the maistro" for his handling of the economy. We see what that intervention brought us
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BTW...given the thread we're in, what is Kansas' GDP since installing tax policy that you support?
 
Following the end of World War II and the large adjustment as the economy adjusted from wartime to peacetime in 1945, the collection of many economic indicators, such as unemployment and GDP, became standardized. Recessions after World War II may be compared to each other much more easily than previous recessions because of these available data. The listed dates and durations are from the official chronology of the National Bureau of Economic Research.[6] GDP data are from the Bureau of Economic Analysis, unemployment from the Bureau of Labor Statistics (after 1948). Note that the unemployment rate often reaches a peak associated with a recession after the recession has officially ended.[29]


Annualized GDP change from 1923 to 2009. Data are annual from 1923 to 1946 and quarterly from 1947 to the second quarter of 2009.
No recession of the post-World War II era has come anywhere near the depth of the Great Depression. In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP has fallen 5.1% as of the second quarter of 2009) and unemployment rate reached 10% (the highest since was the 10.8% rate reached during the 1981–82 recession).[30]
The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27. From 1919 to 1945, there were six cycles; recessions lasted an average 18 months and expansions for 35. From 1945 to 2001, and 10 cycles, recessions lasted an average 10 months and expansions an average of 57 months.[6] This has prompted some economists to declare that the business cycle has become less severe.[31] Factors that may have contributed to this moderation include the creation of a central bank and lender of last resort, like the Federal Reserve System in 1913, the establishment of deposit insurance in the form of the Federal Deposit Insurance Corporation in 1933, increased regulation of the banking sector, the adoption of interventionist Keynesian economics, and the increase in automatic stabilizers in the form of government programs (unemployment insurance, social security, and later Medicare and Medicaid). See Post-World War II economic expansion for further discussion.





it says this wack
 
why does the right lie and claim their deregulation and tax cuts work when IN FACT they fail every time they are used?


why does the media which is corporate NEVER challenge those lies
 
evince said:
Following the end of World War II and the large adjustment as the economy adjusted from wartime to peacetime in 1945, the collection of many economic indicators, such as unemployment and GDP, became standardized. Recessions after World War II may be compared to each other much more easily than previous recessions because of these available data. The listed dates and durations are from the official chronology of the National Bureau of Economic Research.[6] GDP data are from the Bureau of Economic Analysis, unemployment from the Bureau of Labor Statistics (after 1948). Note that the unemployment rate often reaches a peak associated with a recession after the recession has officially ended.[29]


Annualized GDP change from 1923 to 2009. Data are annual from 1923 to 1946 and quarterly from 1947 to the second quarter of 2009.
No recession of the post-World War II era has come anywhere near the depth of the Great Depression. In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP has fallen 5.1% as of the second quarter of 2009) and unemployment rate reached 10% (the highest since was the 10.8% rate reached during the 1981–82 recession).[30]
The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27. From 1919 to 1945, there were six cycles; recessions lasted an average 18 months and expansions for 35. From 1945 to 2001, and 10 cycles, recessions lasted an average 10 months and expansions an average of 57 months.[6] This has prompted some economists to declare that the business cycle has become less severe.[31] Factors that may have contributed to this moderation include the creation of a central bank and lender of last resort, like the Federal Reserve System in 1913, the establishment of deposit insurance in the form of the Federal Deposit Insurance Corporation in 1933, increased regulation of the banking sector, the adoption of interventionist Keynesian economics, and the increase in automatic stabilizers in the form of government programs (unemployment insurance, social security, and later Medicare and Medicaid). See Post-World War II economic expansion for further discussion.





it says this wack
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yes Desh, some economists claim that; interesting they praise the Fed instead of calling out what they really did which was create the moral hazard that led to the financial markets melting down
 
evince said:
why does the right lie and claim their deregulation and tax cuts work when IN FACT they fail every time they are used?


why does the media which is corporate NEVER challenge those lies
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because you are both wrong and lying, that's why
 
evince said:
link to the post you claim exists evil fucking asshole whos own child needs to hate you to have a decent life


every time you LIE you damage the life of your own child evil fuck
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200.webp
 
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