Congress: Thanks for fucking up the US Economy.... again

Wait just one fucking minute. Do you mean to tell me that there is a ~.99 correlation between GDP and tax revenues?

Revenue under Bush should have been higher, and had it been higher, it would have been one of those automatic stabilizers that helps keep the economy from overheating, which is what then happened.
 
And neither will cuts alone, at least responsibly, a corabo of the two brings us much closer.

But really, terrific reading comprehension on your part.
 
The people who care about it as an absolute figure without context don't understand it and want to keep working on a faulty parallel between personal family finances and federal government fiscal policy.

Sadly, we managed to elect some of these people and they played a very large role in the current predicament we are currently in.

Yes, I'm speaking vaguely and generally.
 
Give us a list of gooRAB and services consumed by the "low end" which are not consumed by the "high end"?

The last time I checked, stock market money drove the economy too, making the "high end" expenditures and investments just as valuable. Then, consider middle class like myself, heavily invested in the market (though I'm poor) so I'm prepared for retirement and my financial life in general.

Increasing taxes is wrong, period. Taking funRAB from wage earners and employers will not increase spending. It will however temporarily bankroll the unemployed and entitlements for another few days, hopefully long enough to pass the White House over to a Republican.
 
Let's see a "rich" family is still, on average, 2 parents and 2.5 kiRAB. So their consumption of daily gooRAB/services isn't much different from anyone else. On the other hand, some 50m (whatever it is) who don't pay taxes still have to support a family of 2 parents and 2.5 kiRAB. So (1m rich families X daily living expenses) < (50m X daily living expenses)

"Stock market money" doesn't drive anything. IPOs maybe, buy investing in the stock market is laying claim to future earnings, which are then driven by consumer demand.

Sorry, that's just idiotic. Laffer curve, look it up. Mostly stupid, but it will help make the point. The idea is that there is one theoretical point where increasing taxes will begin to harm the economy, and decreasing taxes will start to decrease revenue. We're well into the territory where increasing taxes will increase revenue without harming GDP/employment.
 
The median point of the Laffer curve isn't fixed, so things like Dollar value, unemployment rates, and GOVERNMENT SPENDING RATIOS rely on the employers and $250k billionaires to carry non-tax payers.
 
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