Comments on: Obama & the Dems: Still in Retreat http://www.frumforum.com/obama-the-dems-still-in-retreat Building a conservatism that can win again Sat, 11 Feb 2012 17:50:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John Guardiano http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81290 John Guardiano Sat, 30 Jan 2010 17:01:08 +0000 http://www.frumforum.com/?p=21182#comment-81290 Here's the Heritage URL for their PAYGO analysis. (URL above isn't working.) http://bit.ly/ba1JdC Here’s the Heritage URL for their PAYGO analysis. (URL above isn’t working.)
http://bit.ly/ba1JdC

]]> By: John Guardiano http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81289 John Guardiano Sat, 30 Jan 2010 16:58:18 +0000 http://www.frumforum.com/?p=21182#comment-81289 Danny_K I'm no spokesman for the GOP. Believe me, I often ask myself why Republican lawmakers do this, that or other foolish thing! : ) I only speak for myself and anyone who sees fit to endorse my ideas. But if the GOP opposed PAYGO, then good for the GOP! They finally got one right! PAYGO is a budgetary gimmick that promotes tax hikes by treating tax cut extensions and renewed entitlement spending differently and unequally. The Heritage Foundation well analyzes PAYGO and explains why it would incentivize tax hikes: http://bit.ly/98tEYL I'm interested in promoting economic dynamism and economic growth; the budget deficit really doesn't concern me much -- except insofar as it is a proxy for excessive government spending, which does stymie economic growth. Thus onerous tax hikes -- which PAYGO encourages -- are my big beta noire. Tax hikes are problematic for practical economic reasons; but philosophically I don't believe in punishing the industrious and the successful. A rising tide lifts all boats, President Kennedy explained. I agree. We all benefit when affluent investors save and invest and start up new businesses and new ventures. Why would you want to punish investors by confiscating even more of their money? That won't benefit anyone; it will only make us all poorer. As it is, the affluent already pay a wildly disproportionate share taxes. So good for the GOP for rejecting this budget gimmick, PAYGO, which is really a ruse for economically crushing tax hikes. With our economy mired in a deep recession and long-term double-digit unemployment, the last thing we need right now are more tax hikes. Regards, John Danny_K
I’m no spokesman for the GOP. Believe me, I often ask myself why Republican lawmakers do this, that or other foolish thing! : ) I only speak for myself and anyone who sees fit to endorse my ideas. But if the GOP opposed PAYGO, then good for the GOP! They finally got one right!

PAYGO is a budgetary gimmick that promotes tax hikes by treating tax cut extensions and renewed entitlement spending differently and unequally. The Heritage Foundation well analyzes PAYGO and explains why it would incentivize tax hikes: http://bit.ly/98tEYL

I’m interested in promoting economic dynamism and economic growth; the budget deficit really doesn’t concern me much — except insofar as it is a proxy for excessive government spending, which does stymie economic growth.

Thus onerous tax hikes — which PAYGO encourages — are my big beta noire. Tax hikes are problematic for practical economic reasons; but philosophically I don’t believe in punishing the industrious and the successful. A rising tide lifts all boats, President Kennedy explained.

I agree. We all benefit when affluent investors save and invest and start up new businesses and new ventures. Why would you want to punish investors by confiscating even more of their money? That won’t benefit anyone; it will only make us all poorer. As it is, the affluent already pay a wildly disproportionate share taxes.

So good for the GOP for rejecting this budget gimmick, PAYGO, which is really a ruse for economically crushing tax hikes. With our economy mired in a deep recession and long-term double-digit unemployment, the last thing we need right now are more tax hikes.

Regards,
John

]]> By: Danny_K http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81240 Danny_K Fri, 29 Jan 2010 21:09:30 +0000 http://www.frumforum.com/?p=21182#comment-81240 I know you read this John, so riddle me this: how come Paygo rules just passed in the Senate with zero GOP votes? I thought the GOP cared about this deficit thing and the Dems didn't. What am I missing? I know you read this John, so riddle me this: how come Paygo rules just passed in the Senate with zero GOP votes? I thought the GOP cared about this deficit thing and the Dems didn’t. What am I missing?

]]> By: teabag http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81231 teabag Fri, 29 Jan 2010 19:54:06 +0000 http://www.frumforum.com/?p=21182#comment-81231 Or truthful either I might add. Or truthful either I might add.

]]> By: teabag http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81230 teabag Fri, 29 Jan 2010 19:53:33 +0000 http://www.frumforum.com/?p=21182#comment-81230 You never are John, so no change there. You never are John, so no change there.

]]> By: John Guardiano http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81222 John Guardiano Fri, 29 Jan 2010 18:01:29 +0000 http://www.frumforum.com/?p=21182#comment-81222 Hey "Teabag," Excuse me for not always being lively, witty and entertaining! Regards, John Hey “Teabag,”
Excuse me for not always being lively, witty and entertaining!

Regards,
John

]]> By: teabag http://www.frumforum.com/obama-the-dems-still-in-retreat/comment-page-1#comment-81182 teabag Fri, 29 Jan 2010 04:48:10 +0000 http://www.frumforum.com/?p=21182#comment-81182 Yawn! Yawn!

]]>