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genie0390
David Pakman Show
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Comments by "genie0390" (@genie0390) on "Basic Economics Has a Liberal Bias" video.
got to say again, I love those huge microphones! are you guys over compensating?
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look at it this way, demand side uses up more tax dollars than it brings into the treasury, supply side brings in more tax dollars than what is given up in lower taxes. JFK was the last Dem to understand how that works
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Steve G" which is why even with all of the spending cuts over the last few years (enough to cut the deficit more than in half), we're still not able to have a surplus." What spending cuts? each year we have been spending far more than the prior period. You've been had by the Obama propaganda machine. They took the 2008 deficit of $1.2trillion and didn't say that it included $700billion TARP LOANS which distorted the deficit. Obama's budget for subsequent years, when you remove the extraordinary item of TARP, is about $300billion more than what Bush normally ran. Obama played with numbers like the dishonest pres he is. He never cut anything in half We are currently experiencing record revenues but we spend about 40 cents more of every dollar we bring in.
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how do you cut taxes for people who don't pay any taxes to begin with?
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