Ted Cruz Announces

[KCFlyer]

Can't looks at the past???

After watching you LWNJ's screaming "Booooosh!" for the past 7 years?

Gimme a break...

 
Yes....we were wrong.  Everybody knows that the debt resets to zero when a new president takes office.   Debt for the two wars we couldn't pay for?  Wiped away.  The $700 billion used to bail out Wall Street the month prior?  Forgiven.     SO...given that, I almost look forward to a GOP presidency since you all will finally shut the hell up about Obama, because as you said....you can't blame your predecessor.  

 

[EastUS1]

 
Yes....we were wrong.  Everybody knows that the debt resets to zero when a new president takes office.  ......

 
So...it's ALL still "Bush's fault" somehow? Could you at least try to spin that for us against the actual fact that obama's managed to increase the national debt more during just the last few years than happened in the entire history of the country before? Seriously; how does anyone manage to spend/borrow twice the money the country did in over two centuries....and still have NOTHING good to show for it?

 

[KCFlyer]

 
So...it's ALL still "Bush's fault" somehow? Could you at least try to spin that for us against the actual fact that obama's managed to increase the national debt more during just the last few years than happened in the entire history of the country before? Seriously; how does anyone manage to spend/borrow twice the money the country did in over two centuries....and still have NOTHING good to show for it?

 
I have no answer for that.  How do we pay down the debt with tax cuts and increased defense spending?  

 

[Traymark]

I have no answer for that.  How do we pay down the debt with tax cuts and increased defense spending?

Obama only raised the debt over $6 Trillion over 6 years so he's doing a bang up job, literally.

Cruz's tax plan reduces the revenues by $768 billion over 10'years, which is almost the exact amount of stimulus Obama plugged in his first year in office with money he didn't have to spend, and has less than zero to show for it.

Cruz's plan Will super charge the economy because all sectors will have more spending money= Growth.
Real growth, not the phony 1% every year under Obama with printed money.

 

[KCFlyer]

Obama only raised the debt over $6 Trillion over 6 years so he's doing a bang up job, literally.

Cruz's tax plan reduces the revenues by $768 billion over 10'years, which is almost the exact amount of stimulus Obama plugged in his first year in office with money he didn't have to spend, and has less than zero to show for it.

Cruz's plan Will super charge the economy because all sectors will have more spending money= Growth.
Real growth, not the phony 1% every year under Obama with printed money.

 
You are starting to get it.....look at the first sentence of your second paragraph.   How does reducing revenues and increasing defense spending pay down the debt? 

 

[Dog Wonder]

http://news.yahoo.com/muslims-democrats-unlikely-ally-george-w-bush-171110681--election.htm

 

[Ifly2]

Don't bother then with facts

It hurts their feelings

Good little Tories

Still praying for the return of George3, no doubt

 

[southwind]

Just one example of tax cuts producing more federal revenue!

The Reagan Tax Cuts!

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

According to then-U.S. Representative Jack Kemp (R-NY), one of the chief architects of the Reagan tax cuts:

At some point, additional taxes so discourage the activity being taxed, such as working or investing, that they yield less revenue rather than more. There are, after all, two rates that yield the same amount of revenue: high tax rates on low production, or low rates on high production.

2) The rich pay more when incentives to hide income are rreduced!

http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

And many more examples can be found using a website called Google!

 

[Dog Wonder]

And many more examples can be found using a website called Google!

Pay attention, or be still.

 

[KCFlyer]

Just one example of tax cuts producing more federal revenue!

The Reagan Tax Cuts!

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).

According to then-U.S. Representative Jack Kemp (R-NY), one of the chief architects of the Reagan tax cuts:

At some point, additional taxes so discourage the activity being taxed, such as working or investing, that they yield less revenue rather than more. There are, after all, two rates that yield the same amount of revenue: high tax rates on low production, or low rates on high production.

2) The rich pay more when incentives to hide income are rreduced!

http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

And many more examples can be found using a website called Google!

 
And yet debt grew under Reagan. One more time....even if 3 minus 2 really does equal 5 (as the Laugher disciples believe), how do you cut taxes AND increase defense spending while reducing the debt?   We put a man on the moon when tax rates were 70%....but all of the sudden 39% is killing us.  

 

[Traymark]

And yet debt grew under Reagan. One more time....even if 3 minus 2 really does equal 5 (as the Laugher disciples believe), how do you cut taxes AND increase defense spending while reducing the debt?   We put a man on the moon when tax rates were 70%....but all of the sudden 39% is killing us.

Yes KC, the debt did grow and why do you think that is?

Let's see,
is it because the tax cuts worked and brought in MORE revenue AND put more money in the market?

Or

Did the debt go up because the Dems never gave Reagan the spending cuts he wanted?

Yup, the Dems couldn't stop spending like drunken sailors and yes the debt grew,
But the fact remains, tax cuts work , every time they are tried.

 

[Traymark]

You are starting to get it.....look at the first sentence of your second paragraph.   How does reducing revenues and increasing defense spending pay down the debt?

The answer is, you reduce the very bloated government wherever you can, and there are plenty of places to do that, one of them is NOT the military, ever.

 

[KCFlyer]

Yes KC, the debt did grow and why do you think that is?

Let's see,
is it because the tax cuts worked and brought in MORE revenue AND put more money in the market?

Or

Did the debt go up because the Dems never gave Reagan the spending cuts he wanted?

Yup, the Dems couldn't stop spending like drunken sailors and yes the debt grew,
But the fact remains, tax cuts work , every time they are tried.

 
Once again...you are looking at one thing.  Cruz has talked pretty tough about protecting our country.  We need to beef up our military. We might even see troops deployed in the middle east.  And when you cut out SNAP and Medicaid completely and increased defense spending by the same amount of those cuts....then you just shifted spending and haven't cut anything.  How does the Cruz plan protect this country while giving us tax cuts AND shifting spending from one pocket to the other...and how does that reduce our debt? 

 

[Traymark]

One thing for sure KC,
We know Obamas way was a complete abject failure, running up the debt over $7 trillion and counting, let's go in the other direction.

There's plenty of government fat that can be eliminated, we just need representatives that have the sac to actually do it.


Hillary has already said, she's pretty much on board with the way things are going and will continue much of Obamas policies.

 

[KCFlyer]

One thing for sure KC,
We know Obamas way was a complete abject failure, running up the debt over $7 trillion and counting, let's go in the other direction.

There's plenty of government fat that can be eliminated, we just need representatives that have the sac to actually do it.


Hillary has already said, she's pretty much on board with the way things are going and will continue much of Obamas policies.

 
What will you say after you get your Cruz tax increase and the debt continues to rise?   We've already shown that you can't wage a war you can't pay for.  Will Ted plan on paying for the wars he wants?