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-- um soooooo
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Getting real sick of hearing about this nonstop everywhere. The elections over, please just move on.
Here's some more.
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* Real investment growth after the tax increases of 1993 was much higher than after the tax cuts of 1981 and 2001. The yearly growth rate after 1993 was 10.2 percent versus 2.8 percent for the first supply-side era beginning in 1981, and 2.7 percent in the period of the second supply-side era beginning in 2001. Without better investment growth being associated with supply-side policies, a critical link in the theory of supply-side economics is broken�and it is difficult to draw any plausible connection between supply-side tax cuts and any observed positive economic performance. * Economic growth as measured by real U.S. gross domestic product was stronger following the tax increases of 1993 than in the two supply-side eras. Over the seven-year periods after each legislative action, average annual growth was 3.9 percent following 1993, 3.5 percent following 1981, and 2.5 percent following 2001. * Average annual real median household income growth was greatest after the 1993 tax increases, at 2.0 percent annually compared to 1.4 percent after 1981 and 0.3 percent after 2001. * Wage levels also did better after 1993. Average real hourly earnings following 1981 fell at an annual rate of 0.1 percent and following 2001 rose at a rate of only 0.3 percent. Following the 1993 tax increases average hourly earnings grew by 0.9 percent per year. * Employment growth was weaker during the supply-side eras than during the post-1993 era. Average annual employment growth was 2.1 percent after 1981, 2.5 percent after 1993, and 0.6 percent after 2001. * Federal budget deficits and national debt increased during supply-side periods and decreased following the 1993 tax increases. In the seven years from 1993 to 1999, the country went from a federal deficit of 3.9 percent of GDP to a surplus of 1.4 percent. After 1981 the deficit ballooned to 6 percent of GDP by 1983. In the year the 2001 tax legislation was adopted, there was a surplus of 1.3 percent of GDP. This turned into a deficit of 3.6 percent by 2004, which fell back to 1.2 percent in 2007 but will undoubtedly be higher in 2008. The national debt has followed a similar pattern, rising by an astounding 14.8 percentage points relative to GDP over the 7 years following adoption of the 1981 supply-side tax cuts, shrinking by almost 10 percentage points relative to GDP following 1993, and moving back up by 3.8 percentage points relative to GDP after the 2001 tax cuts. |
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| Originally posted by enydo Getting real sick of hearing about this nonstop everywhere. The elections over, please just move on. |
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| Originally posted by Caution_BiPolar Yeah, so, we got "change". Now instead of the black vs. white thing, we have a democrats vs. republicans thing. It's still a prejudice. Where the Hell is the change? By the way, it's Thursday... this is like those losers who will argue the outcome of a football game for a week. It's not gonna change anything. Just RESPECT each others views and move on... we can't go forward to benefit the country if we're still stuck arguing about something that happened two days ago. |
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| Originally posted by PVDfan07 I mean, Scott seems to be the only one making an effort to actually discuss his beliefs. |
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| Originally posted by MunkyAngel YAH!!!! I was wondering if that was you!!! I was the Comfort Captain for Johns Creek 50/51 and Team K on election day. Did you ever go to meetings in Country Club of the South to Jane's House?? We went to a few of those there. |
It's my hope Obama won't let the lobbyists have influence on his administration like he promised. If he does, I will be severely disappointed, and my support of him will be evaluated.
I also hope he carries through with his goal to turn clean energy as the new industry for America, much like what computer technology has done for us in the past two decades. I see the opportunity to be the world's leader in this sector ushering in a new era of prosperity because of American made energy technologies.
Agreed, Scott!
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| Originally posted by Calamar Congratulations on achieving the campaign's most hilariously awesome title, Comfort Captain MunkyAngel. I had heard about their Country Club of the South meetings, though I never attended one. In truth, I didn't work too closely with Jane-and-Jean's team, outside of a couple meetings and maybe a VoteBuilder training session at the North Fulton office. My understanding is that they led a very effective team. |
Will there be some of your amazing food? I'd love to come. 
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| Originally posted by iammesol Will there be some of your amazing food? I'd love to come. |
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| Originally posted by iammesol Will there be some of your amazing food? I'd love to come. |
I had a chauffeur last time. 
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| Originally posted by iammesol I had a chauffeur last time. |
I will venture. ![]()
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| Originally posted by iammesol I will venture. |
I agree. What a bitch he was for not coming when the rest of everyone was present.
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| Originally posted by Scottaculous you should venture up here on top of mario's shoulders. then give him peanuts and say it's customary in america to pay mexicans with party mix |
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| Originally posted by nchs09 [IMG]http://[/IMG] |
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| Originally posted by iammesol Quoted for forever lulz |
ummmm.....
i don't know what the hell is going on in here, but all i know is I did not vote for Obama or McCain.
I voted for CHANGE!!!!!!!!!!!!
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| Originally posted by Calamar Did Armin van Buuren endorse Barack Obama? I can only assume he did, as any sane Netherlander would. |
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| Originally posted by Calamar On a related note, Jono Grant of Above & Beyond just voiced his support for Barack Obama on this week's Trance Around the World. |
Again, not a fight - but a debate. I love debating because it gets the best out of everyone's points. You get steps closer to understanding each other, which actually strengthens your bond.
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| Originally posted by iammesol Again, not a fight - but a debate. I love debating because it gets the best out of everyone's points. You get steps closer to understanding each other, which actually strengthens your bond. |
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