Would killing the economy help the poor?

[UA_Iron]

Thats called an unstable equilibrium - the peak of
That curve.

Should rephrase the thread "would killing the poor help the economy?"

 

[75th]

The best way to expand the economy is the "Laffer Curve" model. It worked in the 20's and the 80's. Why can't it work now? The Laffer Curve suggests that cutting high tax rates will generate more revenue than hiking taxes.

Alright, now I think youre trolling.

 

[ledhead]

Alright, now I think youre trolling.

Lol...I am not.. How dare you accuse me of trolling.

 

[Mr. dB]

Even conservative economists admit that reversing the Bush tax cuts would result in several trillion in additional revenue. That suggests that we're at "point A".

GOP and Tea Bag people seem to think that, no matter how low tax rates get, we're perpetually at "point B".

 

[mrplunkey]

Even conservative economists admit that reversing the Bush tax cuts would result in several trillion in additional revenue. That suggests that we're at "point A".

GOP and Tea Bag people seem to think that, no matter how low tax rates get, we're perpetually at "point B".

I'd love to see a link to a conservative economist who would advocate a tax hike on anyone right now (Sept 2011).

Barry's done his best to stall the recovery. That would do it for sure.

 

[ceo]

Should rephrase the thread "would killing the poor help the economy?"

That thread was already made. Which made me think of this one. As I said, it seems as though the liberals believe that killing the economy would help the poor.

 

[Whiskey]

Should rephrase the thread "would killing the poor help the economy?"

^^^^apparently it's true, the late byrd doesn't get the worm lol

Whiskey

 

[Mr. dB]

I'd love to see a link to a conservative economist who would advocate a tax hike on anyone right now (Sept 2011).

Barry's done his best to stall the recovery. That would do it for sure.

I didn't say anyone was recommending it, just that they admit that it would increase revenue.

 

[mrplunkey]

I didn't say anyone was recommending it, just that they admit that it would increase revenue.

Not if you turn the Obama double-dip into the Obama depression.

 

[Mr. dB]

Not if you turn the Obama double-dip into the Obama depression.

Nice diversion, but still, I think that if there is anything not junk-science about the Laffer Curve, everyone would agree that we are already below the Equilibrium Point and that further tax cuts would not increase the tax revenue stream.