Teddy first of all didn't we try all this before?<quoted text>
There really is no point in trying to have an intelligent conversation about fiscal policy with someone who insists on propagandizing federal government REVENUE and federal government OUTLAYS (i.e., spending) as somehow synonymous.
Nor is a reduction in federal tax RATES synonymous with a reduction in federal tax REVENUE, as you insist on propagandizing. A reduction in tax rates that spurs increased growth in economic activity can result in INCREASED federal tax REVENUE.
But playing along with your bullsh!t partisan Fedzilla propaganda line just for the purposes of argument, the fundamental fact is that reductions in federal REVENUE are only that - in no way do they represent an increase in federal spending OUTLAY or increased COST to the federal government.
Ergo - the "$7 trillion of spending increases" you continue to falsely claim is Romney's plan is total bullsh!t - a blatant lie.
Lying partisan hack - begone.
Wasn't it called trickle down back when Reagan tried it?
And it didn't work then why do you think it will now?
NOW remember REAGAN had to increase taxes 11 times when he was in office after he did his big tax cut.
You keep on saying that you want spending back to the 18% of gdp rate,
Well as of now OBAMA has decreased the rate that spending was growing to a rate of about 4% over what G.W. Bush was spending and is trying to bring it down even more.
What happens when he brings it down to what Bush had are you still going to insist it go lower, you have to remember that there is an inflation factor that has to be factored in there.
in 2002-2005 Bush II had a spending rate of 18.9% GDP
in 2006 to 2009 it was 13.3% of gdp and if Obama increased it at a rate of 4.1% you are below the 18% you talk about.
The Debt has had an avg. annual increase of 13.8% under Obama \.
It was 10.8% under Carter
23.6% under Reagan
13.9 % under Bush I
4.4% under Clinton
11.1% under Bush II
So Obama is right in the area of Reagan and Bush I and not too far ahead of Bush II
Have a nice night