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Author Topic: David Axelrod's Comments Today on FOX News  (Read 2142 times)
Democratic Hawk
LucysBeau
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« Reply #25 on: April 16, 2012, 05:28:57 pm »
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Setting aside the dubious hindsight/foresight problems with this as of 2004, why on earth would whatever idea you seem to be positing override one's desire to pay lower tax?

But why cut taxes, at a time, when the federal government is living within its means? It makes no sense to me, certainly not with a Republican president who was committed to expanding it

Indeed, its Bush 43 policies and the economic downturns which continue to drive the deficit, adding to the gross federal debt. Obama's counter-cyclical measure - the ARRA - cost a conservative Smiley $800bn by comparison, with the increase in the federal debt post-2009 more the consequence of the Great Recession than his response to it. And "austerity" was no road out of that one

FTR, I've never cast a vote on the promise of tax cuts in my life. Its not something that can be bought

The Medicaid and Medicare programs were passed when the government was living within its means and directly caused the government to no longer live within its means. Both have added hundreds of billions of dollars of deficit spending over the past 50 years. The phenomenon suggested here is certainly not new to American politics.

All that tells me is that the federal government needed to continue to live within its means, it was only with Reagan that the debt to GDP ratio started to explode - as if I didn't know why Roll Eyes - but, anyway, all you need to do is ensure that revenues are able to meet existing and future requirements, which should, of course, ultimately, give people the choice of 1) contributing more in during the work cycle or 2) be willing to work longer

There is no problem that cannot be resolved if there is the political will. Most major developed economies seem to be running high public debt to GDP ratios. Try not to worry about it Smiley. But, ultimately, there needs to be new global post-Hayekian consensus. Neoliberalism seems as dated as revolutionary socialism
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Moderate Liberal Populist Smiley [Personal 47%/Economic 37%] / Defense 'Hawk'
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« Reply #26 on: April 16, 2012, 05:51:05 pm »
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Fact is, Romney is for repeating policies that did not work and would only turn the economy backward, it's not a secret he's for more of the same type of tax cuts that have already caused problems. I don't think anyone can seriously believe that he was endorsing Romney.
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« Reply #27 on: April 16, 2012, 07:06:39 pm »
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Fact is, Romney is for repeating policies that did not work and would only turn the economy backward, it's not a secret he's for more of the same type of tax cuts that have already caused problems. I don't think anyone can seriously believe that he was endorsing Romney.

I take as it Axelrod meaning that congressional GOP is the current problem and a move in the right direction would require them lot being out the door. In any other developed economy, save possibly Japan, had any party in government mad a ruddy arse of things like they did, there would have been no easy road back. Republicans seem to be held to an appallingly low standard, which will never make for good governance if they think they can get a pass like they did in 2004 Sad. A few thousand net jobs in the public sector between 2001-2004

If only a Democrat had been dealt the Clinton legacy of prosperity, low unemployment and solvent government ... Bush 43 could have built on that. No such legacy bequeathed Barack Obama

Unemployment was never lower under George W Bush than where it stood as of January 2001
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Moderate Liberal Populist Smiley [Personal 47%/Economic 37%] / Defense 'Hawk'
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« Reply #28 on: April 16, 2012, 07:11:17 pm »
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And there's a thing. Ever occurred to you that had taxation been left at Clinton rates that the US would have, fiscally, been much better prepared to ride out the 'Crash of 2008' and the Great Recession? I mean come on if the best the US economy can yield in terms of jobs following trillions of $ in tax cuts is the fewest of any president this side of Herbert Hoover, then WOW, just WOW Roll Eyes

Of course, I'd say the challenges facing developed economies this day and age are immense given that capitalism is increasingly global, which is why my priority would be to reduce business taxation

Setting aside the dubious hindsight/foresight problems with this as of 2004, why on earth would whatever idea you seem to be positing override one's desire to pay lower tax?

Certainly if there was greater tax revenue there is greater sums of money to give away to certain favored constituencies. But that doesn't seem to matter to many people.

There is of course a name for that personality trait.

People are willing to accept higher taxes in return for certain services but it has to be framed the right way. The Democrats have spent several decades being absolutely terrible at framing debates for the most part, especially Congressional ones, but when polled on specific issues lucidly described people often--not always but often--support somewhat more left-wing positions than election results or Congressional votes indicate.
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Professor Nathan. A shameless agrarian collectivist with no respect for private property or individual rights. Can you really trust him?

Yeah that's right, I said Siam. Why don't you go tell Pedro Martinez
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