The Glade 4.0
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Deficit Reduction
https://gladerebooted.net/viewtopic.php?f=8&t=1651		 Page 1 of 1
Author:  RangerDave [ Mon Feb 01, 2010 4:37 pm ]
Post subject:  Deficit Reduction
Just curious.
Author:  Monte [ Mon Feb 01, 2010 4:44 pm ]
Post subject: 
/looks at the Bush Administration years

/chooses option 1
Author:  Rafael [ Mon Feb 01, 2010 4:50 pm ]
Post subject: 
Neither. The question posits nothing about spending changing, other than it doesn't decrease.
Author:  DFK! [ Mon Feb 01, 2010 4:53 pm ]
Post subject:  Re:
Rafael wrote:
Neither. The question posits nothing about spending changing, other than it doesn't decrease.


I assumed static spending, given as it wasn't addressed.
Author:  RangerDave [ Mon Feb 01, 2010 4:56 pm ]
Post subject:  Re: Re:
DFK! wrote:
Rafael wrote:
Neither. The question posits nothing about spending changing, other than it doesn't decrease.


I assumed static spending, given as it wasn't addressed.


Whoops, yeah I should have specified that. I intended spending to remain static.
Author:  Monte [ Mon Feb 01, 2010 4:57 pm ]
Post subject: 
That's what I assumed, too.
Author:  Xequecal [ Mon Feb 01, 2010 5:21 pm ]
Post subject:  Re: Deficit Reduction
It's still vague. Is the increase/decrease in today's dollars or the dollars of some unspecified point in the future?
Author:  Khross [ Mon Feb 01, 2010 5:23 pm ]
Post subject:  Re: Deficit Reduction
It's a horrible question. So, give me more information and I'll answer; as it stands, could be either.
Author:  Stathol [ Mon Feb 01, 2010 5:27 pm ]
Post subject:  Re: Deficit Reduction
Xequecal wrote:
It's still vague. Is the increase/decrease in today's dollars or the dollars of some unspecified point in the future?

Or as %GDP.
Author:  Elmarnieh [ Mon Feb 01, 2010 5:34 pm ]
Post subject: 
With our current taxation rates I will go with option B. at 1-2% taxation I would say option A.
Author:  RangerDave [ Mon Feb 01, 2010 5:38 pm ]
Post subject:  Re: Deficit Reduction
Yeah, I really didn't intend it to be a rigorous poll; just sort of a temperature-taking question. The standard talking points from Republican politicians these days are that we need to cut taxes and reduce the deficit. On the spending side, though, they want to expand/extend our Defense spending, and the political reality is that they won't touch Medicare or Social Security with a ten foot pole. Since Defense, Medicare, and Social Security add up to more than two-thirds of the budget, the only way their math adds up is if you assume that cutting taxes will substantially increase actual tax revenues. I was just curious how people here feel about that proposition as a general matter without all the political baggage I just talked about.
Author:  Arathain Kelvar [ Mon Feb 01, 2010 10:27 pm ]
Post subject: 
missing lots of data.

obviously, cutting taxes to zero, for example, would not increase revenue.
Author:  Hopwin [ Tue Feb 02, 2010 8:53 am ]
Post subject: 
Is someone thinking of the Laffer Curve or is this totally tongue in cheek?
Author:  RangerDave [ Tue Feb 02, 2010 11:12 am ]
Post subject:  Re: Deficit Reduction
Not meant to be tongue in cheek. I'm sure the Laffer Curve is the foundation of the Republican claims re the deficit, and I just wanted to see what the general reaction of the Glade is to the bare claim being made (i.e. cut taxes, keep spending, yet still reduce the deficit).
Author:  Rafael [ Tue Feb 02, 2010 11:16 am ]
Post subject: 
Is reduction of purchasing power considered a "tax revenue"? How measured? By money supply metrics, PPP or CPI indecies?

Revenues from taxes that are assessed will obviously go down, but spending gets paid for, one way or another.
Author:  Micheal [ Tue Feb 02, 2010 11:18 am ]
Post subject: 
When has spending ever been static?
Author:  Beryllin [ Tue Feb 02, 2010 11:22 am ]
Post subject:  Re: Deficit Reduction
My opinion is that we're never going to get out of the hole we're in without spending reductions. It's going to be painful, but I don't see any way around it.
Author:  Aizle [ Tue Feb 02, 2010 11:27 am ]
Post subject:  Re: Deficit Reduction
RangerDave wrote:
Yeah, I really didn't intend it to be a rigorous poll; just sort of a temperature-taking question. The standard talking points from Republican politicians these days are that we need to cut taxes and reduce the deficit. On the spending side, though, they want to expand/extend our Defense spending, and the political reality is that they won't touch Medicare or Social Security with a ten foot pole. Since Defense, Medicare, and Social Security add up to more than two-thirds of the budget, the only way their math adds up is if you assume that cutting taxes will substantially increase actual tax revenues. I was just curious how people here feel about that proposition as a general matter without all the political baggage I just talked about.


Republican math always reminds me of this.

Image
Author:  Müs [ Tue Feb 02, 2010 11:28 am ]
Post subject:  Re: Deficit Reduction
Aizle wrote:
RangerDave wrote:
Yeah, I really didn't intend it to be a rigorous poll; just sort of a temperature-taking question. The standard talking points from Republican politicians these days are that we need to cut taxes and reduce the deficit. On the spending side, though, they want to expand/extend our Defense spending, and the political reality is that they won't touch Medicare or Social Security with a ten foot pole. Since Defense, Medicare, and Social Security add up to more than two-thirds of the budget, the only way their math adds up is if you assume that cutting taxes will substantially increase actual tax revenues. I was just curious how people here feel about that proposition as a general matter without all the political baggage I just talked about.


RepublicanPolitician math always reminds me of this.

Image


Fixed it for ya ;)
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