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Another Math Post

Wednesday, December 26th, 2012

Yes, math is required, you should have paid more attention in school.

First, a spot on quick review of the so-called “Fiscal Cliff” negotiations.


Here is the bottom line kids, our Dear Leader has no issues with going over that cliff.  Really, Barry doesn’t see any downside to it. He knows that tax hikes, even limited ones, are going to have a negative effect on the economy.  The across the board tax hikes on top of new Obamacare taxes are going to be even worse.  This way he can blame the Republicans, and the democrats with press credentials will back him on this, and then take credit for the budget cuts.

On to the math part, courtesy of  johngalt at Flopping Aces.

One of the persistent myths that left repeats is that tax cuts don’t pay for themselves.  This is one of those talking points that sounds simple, but is clearly false when you do the math.

As JG points out:

Given the period from 1994 to 1999, the growth period under Clinton, federal revenues increased by 1.3% for every 1% increase in GDP.

Given the period from 2003-2007, the growth period under Bush, with the lower tax rates, federal revenues increased by 1.7% for every 1% increase in GDP.

Pretty simple. Lower taxes results in an increase in GDP, which results in an increase in federal tax revenues. Note that most leftists will deny this and attack you personally for daring to bring actual math into the argument.

Let’s run with these numbers:

Applying those percentages in a comparison model, then, we can see that if given a starting point of $2.5 Trillion in revenues, and a growth of 3%(real GDP growth) in GDP, that under the Clinton tax rates, the following year’s revenues would equal roughly $2.598 Trillion. Under the Bush tax rates, that figure goes up to $2.628 Trillion. For a ten year period, the difference in revenue, assuming constant growth in GDP, becomes roughly $2.2 Trillion dollars difference in revenue

Now 2.2 Trillion dollars is about half of what our Dear Leader added to the federal debt in his first term.  If Barry really was worried about the increasing federal debt and the stagnant economy, he would be working really, really hard to avoid across the board tax hikes.  What is interesting, and not surprising to anyone who has been paying attention, is that Barry clearly isn’t interested in reducing the Federal debt, or improving the economy.

Some people out there in the MSM/DNC actually do the math and understand the problem.  It is a very small subset of the MSM, which includes the nice folks over at CNBC.  CNBC anchor Maria Bartiromo interviewed democrat Senator Ben Cardin recently, and called him out on the democrat’s political posturing.

“That’s all you want to do. That’s it. It’s your way or the highway. Raise the rates on the rich. No other way. Your way or the highway. That’s it. That’s where we are. Thank you, Senator.”

“So how come you’re not moving forward? What’s the problem? Because the American people are so tired of this, and they are really tired of the lawmakers thinking that the American people are stupid. You can’t keep coming on the show every week saying the same thing: ‘It’s not a balanced approach.’”

“You’re talking about $1.2 trillion in revenue, but you’re not prepared to put anything on the table. People are not stupid!”

The best part was that after she committed this act of actual journalism, traders on the floor watching erupted in cheers and applause.  They do the math and know what is going on.

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Summing up the left’s so-called “argument”

Monday, December 3rd, 2012

1. Change subject

2. Add strawman

3. Play Race Card

4. Walk away like a 6 year old

Muir nails it again.  Really, the hypocrisy of the left concerning their leftist savior is pushing cultist behavior.

There are idiots still driving around with Obama “peace signs” on their cars despite his doubling down in Afghanistan and the drone war (which has the official Dick Cheney seal of approval).

“Compassionate and Caring” so-called “liberals”, and I quote, “really don’t care” about the 300 plus dead Mexicans, and at least one federal agent, killed by Obama’s “Fast and Furious” program of supplying firearms to Mexican drug wars.

The same so-called “liberals” who wanted VP Cheney hauled away in handcuffs over the non-outing of a non-covert CIA agent, even after the facts came out showing it was a non-political mid-level state department staffer, are utterly and completely uninterested in the Benghazi cover up that resulted in the murder of four Americans, including a US Ambassador, by Al Qaeda terrorists.

The list goes on and one, but these are some of the more obvious examples.

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Obama surrogate Andrea Mitchell is educated by John Sununu on Obama’s Off Shoring

Thursday, July 12th, 2012

MSNBC’s Andrea Mitchell is desperately trying to get the Obama campaign talking points out there, but that “Evil Republican” John Sununu keeps insisting on using actual facts!

HT to AllahPundit

Mallard Fillmore nailing Andrea Mitchell’s bias toward Obama and any other leftist democrat

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Monday Book Pick: Tax Payers’ Tea Party: How to Become Politically Active — and Why

Monday, July 2nd, 2012

Tax Payers’ Tea Party: How to Become Politically Active — and Why by Sharon Cooper with illustrations by Chuck Asay

Since the vote for Independence was passed on July 2, 1776, I’m going with a political book the founders would have approved of. This book is about citizen government, i.e. a government that works for the citizens not the other way around. It is a manual on how to get involved in politics at a grass roots level. It encourages people to become knowledgeable on the current political issues and lists ways to effectively communicate with elected government representatives.

Monday Book Pick Archive

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About that leftist double standard…

Monday, March 19th, 2012

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Muir nails it.

Friday, November 11th, 2011

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Ayn Rand Meets Charles Schultz

Saturday, April 30th, 2011

By way of John Cox

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Harry Reid Hypocrisy

Tuesday, January 25th, 2011

Hope n’ Change Comics

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John Cox points out the illusion

Friday, January 21st, 2011

Yup, The spending and the taxes are real.

The Recovery? Not so much…

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New political comic

Saturday, May 9th, 2009

I added the one panel comic Diversity Lane: A liberal family saga to my list of political comics. The main sites provides all the background, but the strip is updated in this blog.

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