Topspin
Verified User
your a party hack and a troll and not a good one. I pro Obama big time fool. I'm not saying he's a failure, I'm saying what he said the stimulus didn't work as planned. Read up some on economics.
THE EMPLOYMENT SITUATION -- NOVEMBER 2009
- Thread starter TuTu Monroe
- Start date
your a party hack and a troll and not a good one. I pro Obama big time fool. I'm not saying he's a failure, I'm saying what he said the stimulus didn't work as planned. Read up some on economics.
Can you give the time frame of the REAGAN "longest peacetime prosperity"?
How would you explain tax deductions in wartime and with Medicare Part D expansion if it is not an example of Supply Side Economics?
.......and my post was only to add to and correct a misleading post without praise or criticism of Obama. It was you who stated I said something that was not in my reply to Dixie.
Mine too.
Topspin
Verified User
It is you who is dissecting, I'm pounding you into sand for bringing out the democratic moron card of "supply side failed". Democrats don't have to be turdstools on economics, I'm here to teach for free.
But I will pound Harry Ried democrats in skirts till they shake thier balllessness and finally grow a pair.
Let me add that the object of Supply Side is to provide tax benefits to the wealthy in order for them to innvest and provide jobs down the line, obviously it has not worked.
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Topspin
Verified User
And it's my object to own dumbass democrats that spew projectile vomit causeing venom like the above.
Why would Obama be adopting all these supply side actions if they don't work. Wait, let me guess. By your continued use of only Pelosi style talking points I'm left to believe you've not had 2 college level economics classes.
Right?
It is you who is dissecting, I'm pounding you into sand for bringing out the democratic moron card of "supply side failed". Democrats don't have to be turdstools on economics, I'm here to teach for free.
But I will pound Harry Ried democrats in skirts till they shake thier balllessness and finally grow a pair.
On that, I also agree.
Which Democrats are talking Supply Side? Republicans are still talking it, but now they're reluctant to use the term 'Supply Side'. They instead talk small business, which in many cases aren't so small, but hidden behind those "small" businesses they enwrap the wealthiest Americans, thus, Supply Side.
And it's my object to own dumbass democrats that spew projectile vomit causeing venom like the above.
Why would Obama be adopting all these supply side actions if they don't work. Wait, let me guess. By your continued use of only Pelosi style talking points I'm left to believe you've not had 2 college level economics classes.
Right?
Here you go again! When your argument loses steam you resort to nonsense. Why don't you explain your definition of Supply Side and how well it has worked instead?
Topspin
Verified User
First man up, have you had 2 economics classes??
Obama giving 95% a tax break is supply side.
Obama giving small business tax breaks on capital gains is supply side.
what most democrats fail with is because bush was a total douche = supply side fail. WRONG
Bush was asleep at the wheel and corruption caused the recession not failure of supply side.
Your definition of Supply Side is? Can you point to the succeesses of Supply Side? You apparently are a believer, convince me please. "bush was a total douche" explains nothing. Did he and his fiscal appointees have no policies? War and disaster are usually job producers, what happened over the bush 8 years of reduced taxes and increased military spending?
The tax reductions you mentioned had already occurred before Obama. What was the result?
My definition of 'Supply Side', given earlier, is exactly the accepted definition, lower taxes to business and the wealthy for them to create economic stimulus and jobs, you seem to take exception, thus I'm truly interested in your definition.
I believe in stimulus to the Poor and Middle Classes, those are the people who will spend their money to stimulate the economy, but it is not 'Supply Side'.
Buffalo Soldier
Dreadlock Rasta
I see the answer is you've had non and your stuck on your talking points. Not sure if your paying attention, Obama gave tax cuts to 95 percent and is now proposing business tax cuts.
Dixie - In Memoriam
New member
You believe in Keynesian Economics, which is the opposite of Supply Side. The problem is, the policies of Nixon and Carter were Keynesian, and they resulted in spiraling inflation. It was Supply Side policies which changed the course of that... we don't have a 27% prime interest rate anymore... things don't double in price over the course of a year anymore! Those things stopped happening because of Supply Side economics. When Bush Sr., Clinton, and Bush Jr. were president, they attempted to walk a line between Supply Side and Keynesian policies, depending on what was politically popular at the time. To claim we have continued Supply Side economics since Reagan, is not exactly honest. We've tended to lean in that direction with the Bush tax cuts, but the opposite direction with the Bush Sr. and Clinton tax increases.
Which tax cuts has Obama guven to 95%? Tell it to the GOP naysayers in Congress. It is not 'Supply Side' however.
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Have you followed job, wage, deficit and debt growth since the birth of SS? Tax cuts in the face of a war was classic Supply Side and what was the result after 8 years of bush? You seem to have an understanding of what Supply Side Economics is because I do believe in Keynesian policy, but why is it so hard to extract the meaning of Supply Side from any of its supporters? I gave the correct definition and it was called "venom", so all I can conclude is that with Supply Side support comes embarrassment.
Paul Volker would have quite a different assessment of your economic memory.
Dixie - In Memoriam
New member
There is a difference between something that is a 'supply side' measure, and supply side economic policies. Tax cuts can be supply side, and they also can be Keynesian, it depends on whether they target the "supply" side or the "demand" side. The results after 8 years of Bush, 8 years of Clinton, and 4 years of Bush Sr. moving away from Reagan's supply side economic policies, has not been good. That is why we need to return to them!
It's not hard to extract the meaning of Supply Side... it's really simple, Supply Side policy is encouragement of the 'supply' or production side of the economy, with the theory this will create and generate demand. Keynesian economics encourages demand/consumption, and theorizes this will create and generate supply. The problem with Keynesian economics is, the supply produced is price inflated because of increased demand.
Although tax cuts to lower earning portions of the population would stimilate spending, it is not the definition of either Supply Side or Keynesian economics. Keynesian is the government injecting money into the economy to stimulate job growth, particularly in infrastructure, and increased spending by those recently employed.
I should add that they are not exactly opposites in that they both require government action, but in different segments of the economy. It's been nice talking to youl, but I can hardly see the screen any more so asta manana.
Dixie - In Memoriam
New member
Not exactly. The government can inject money into the economy to stimulate job growth through Supply Side policies or Keynesian policies, it depends on what the money targets. Giving lower earning portions of the population more money to spend, is a Keynesian approach, as it encourages the "demand" side, not the "supply" side. Tax cuts and incentives for small business, marginal tax rate cuts, and capital gains cuts, all stimulate growth on the "supply" side.