[Bruce_the_vii]

There's a lot of it. Moderators permitting here's a thread where you can post a favorite or two.

I'll start. They say cutting federal taxes will stimulate growth and be net tax revenue generating, the Laffer curve. Reagan swore by this. The idea is you if cut one bureaucrat so many will get hired by the private sector that tax revenues will go up. There's a muliplier. Federal tax revenues are 17% of GDP so you have to get 1/.17 = 5.9 private sector workers added for each bureaucrat cut. More than that to get an increase.

Lemmy, our local economist, also swears by this. He says he's working on the numbers. He says the hold up is he needs a graduate student. So we are one graduate student short of a financial revolution, an alternate way of running the government. That's what he said.

[sandorski]

Bush SR said it best, "Voodoo Economics". It doesn't work. We could Calc it until the end of time, but it will still Fail.

[HyperionTheEvil]

All true, and now Canadian conservatives are starting to buy into the American Republican system of spend spend spend.

[Bruce_the_vii]

sandorski wrote:

Bush SR said it best, "Voodoo Economics". It doesn't work. We could Calc it until the end of time, but it will still Fail.

You know the term Voodoo Economics was popularized by Bush Sr. to describe this idea but the term was long used by accountants. The Accounting 101 text will tell you the field is about two things: accounting rules and tax laws. The tax laws are all designed for some social goal, are all Voodoo Economics.

[CommanderSock]

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

[EyeBrock]

I'm just so excited, all I can do is jabber.

[RUEZ]

CommanderSock wrote:

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

I remember Harper bragging about Canada's banks but I certainly don't remember him taking credit for it. The Conservatives have been in power for four years now and the sky isn't falling. Time for you libs to suck it up.

[RUEZ]

HyperionTheEvil wrote:

All true, and now Canadian conservatives are starting to buy into the American Republican system of spend spend spend.

No.

[CommanderSock]

RUEZ wrote:

CommanderSock wrote:

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

I remember Harper bragging about Canada's banks but I certainly don't remember him taking credit for it. The Conservatives have been in power for four years now and the sky isn't falling. Time for you libs to suck it up.

The sky hasn't fallen because he's had a minority government that has forced him to legislate like a liberal (or close enough to).

How many times has his crime bill (thankfully) stalled? Anti copyright bill?

Mr Harper's hands have been tied for the past four years, and hopefully they remain tied to only releasing budgets and minor bills.

I've enjoyed the minority government status. It keeps all parties on their political tippy toes.

[RUEZ]

CommanderSock wrote:

RUEZ wrote:

CommanderSock wrote:

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

I remember Harper bragging about Canada's banks but I certainly don't remember him taking credit for it. The Conservatives have been in power for four years now and the sky isn't falling. Time for you libs to suck it up.

The sky hasn't fallen because he's had a minority government that has forced him to legislate like a liberal (or close enough to).

How many times has his crime bill (thankfully) stalled? Anti copyright bill?

Mr Harper's hands have been tied for the past four years, and hopefully they remain tied to only releasing budgets and minor bills.

I've enjoyed the minority government status. It keeps all parties on their political tippy toes.

Nobodies buying that crap anymore. Harper is a good leader and no amount of Liberal propaganda is going to change that. They tried to claim he would ruin healthcare(like it could get any worse), and he would put soldiers with guns might I add, on our streets. It's very easy for liberals to say thank God Harper didn't have a majority or he would have done this or that. In the end it's all baseless speculation used to try to sway opinion.

[Apollo]

CommanderSock wrote:

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

Just like Martin took credit for getting rid of the defecit? All he did was download it onto provinces and municipalities. Not to mention stealing billions from the EI fund.

As a parent, I could always pass on my debts to my children and claim what a wonderful fiscal manager I am.

[sandorski]

Apollo wrote:

CommanderSock wrote:

Harper's boys and girls will take a system that worked, fuck it up, and blame big government.

Bullshit.

I loved how they took all the credit for Canada's bank stability.

When Paul Martin was erecting financial walls and regulations, Stockwell Day and Preston Manning were screaming "deregulate". If we'd followed their advise, we'd be in the same position as Ireland.

Just like Martin took credit for getting rid of the defecit? All he did was download it onto provinces and municipalities. Not to mention stealing billions from the EI fund.

As a parent, I could always pass on my debts to my children and claim what a wonderful fiscal manager I am.

He did get rid of it. Those Surpluses didn't make themselves.

[RUEZ]

sandorski wrote:

He did get rid of it. Those Surpluses didn't make themselves.

They certainly didn't. We have the sub par health care and military cut backs to prove it.

[andyt]

Apollo wrote:

Just like Martin took credit for getting rid of the defecit? All he did was download it onto provinces and municipalities. Not to mention stealing billions from the EI fund.

As a parent, I could always pass on my debts to my children and claim what a wonderful fiscal manager I am.

So exactly what's your cure for the deficit, smart guy. Martin is lauded because He did a top to bottom review of all govt spending, where each department had to justify it's budget. He could have done more, but it would have hurt more too. He did not pass on debt, as Herpes is doing now. And Herpes started the same Bush bullshit as soon as he was elected. Martin left him a nice little surplus, which Harper spent as soon as he got into office - before the recession, before his "if we're going to have a recession we would have had it by now." Right wingers on both sides of the border talk about reducing govt spending, but they don't. They just shift priorities to jails and jet planes for example, and reduce income by cutting taxes for the rich.

[RUEZ]

andyt wrote:

as Herpes is doing now. And Herpes started the same Bush bullshit as soon as he was elected.

You're an adult right?