General Discussion

davidcay

(22 posts)

26. yes it does make sense

Tue Jul 15, 2014, 08:07 PM

Jul 2014

Last edited Tue Jul 15, 2014, 09:00 PM - Edit history (1)

You should read my column. I just compared the data -- after waiting 14 years for it to become available -- to the oft repeated and unqualified promise of Mr. Bush that his tax cuts would make us better off. I offered campaign opportunity to hedge its bet and they said no ifs, ands or buts, tax cuts will make us more prosperous than in 2000. All I did was hold him to lower standard of staying even. Please read my column at this bitty link -- http://alj.am/1pYQBZt

You will find other columns there (click on my byline) with analysis of data showing how, for example, Americans fared better 1933-36 than 2009-12 and how higher taxes do not mean fewer jobs, etc.

David Cay Johnston

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36 replies

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Report: Bush Tax Cuts Gutted Americans' Incomes 6.6 Trillion Dollars [View all] eridani Jul 2014 OP

I'm glad those miserable, dishonourable tax cuts were repealed. delrem Jul 2014 #1

Only 18% were repealed MannyGoldstein Jul 2014 #4

Sarcasm? BillZBubb Jul 2014 #28

yes. a truckload of sarcasm. delrem Jul 2014 #31

K&R Cha Jul 2014 #2

Then there's the bank bailouts which totaled the value of all of the real estate in the country. Spitfire of ATJ Jul 2014 #3

The banks were deserving. You wouldn't want to bail out the undeserving. Enthusiast Jul 2014 #14

It was a test to see if the government would pick Capitalism over the will of the People. Spitfire of ATJ Jul 2014 #21

I'm glad they passed the test. Enthusiast Jul 2014 #22

remember the bribery checks that bastard sent out? Skittles Jul 2014 #5

When people fell for that, all I could do was shake my head and say, LuvNewcastle Jul 2014 #8

"Cash For Clunkers" got a lot of SUVs off the road. Spitfire of ATJ Jul 2014 #23

And yet at the next GOP presidential debates, you know the trickle down theory will still be alive aint_no_life_nowhere Jul 2014 #6

We get pissed and shat upon. That's about all I see coming down. LuvNewcastle Jul 2014 #9

Big K&R! n/t PowerToThePeople Jul 2014 #7

I don't understand Rapillion Jul 2014 #10

It's probably because of all the money hoarded by the 1%. If that money was A Simple Game Jul 2014 #11

Exactly. What happens in Monopoly when one player gets all the money and wins? eridani Jul 2014 #12

But I think that's an aggregate demand issue Rapillion Jul 2014 #17

But the government wouldn't have retained the money, it would have A Simple Game Jul 2014 #18

The government doesn't retain money. BillZBubb Jul 2014 #29

That is a good question Cresent City Kid Jul 2014 #13

Tax cuts always depress wages. Orsino Jul 2014 #20

you would understand if you read my column davidcay Jul 2014 #25

Thanks for joining--stick around and comment in the Economy section please n/t eridani Jul 2014 #32

Yeah, but look at the great economy we got because of it. n/t Dawgs Jul 2014 #15

K & R !!! WillyT Jul 2014 #16

Sigh. dawg Jul 2014 #19

yes it does make sense davidcay Jul 2014 #26

Correlation does not equal causation. dawg Jul 2014 #33

You are WRONG. 100% WRONG. BillZBubb Jul 2014 #30

I'm not wrong. The tax cuts were bad policy, but not the cause of the drop in incomes. dawg Jul 2014 #34

Wrong again. BillZBubb Jul 2014 #35

Sorry, but you have missed the point entirely. dawg Jul 2014 #36

... napkinz Jul 2014 #24

Then, by "their" logic, Trickle-Down worked! rustydog Jul 2014 #27