Should I beleive the CBO or my own eyes?

Discussion in 'Politics & Religion' started by fhl, Jun 30, 2010.

  1. fhl

    fhl

    Here's what the cbo says and is being printed in numerous places on the internet.

    "...and while the national debt would stabilize at 67 percent of GDP over the next decade if current law were maintained, extending tax cuts enacted during the administration of President George W. Bush and keeping growth in appropriations in line with inflation would mean that the debt would reach almost 90 percent of GDP by 2020."

    In other words, it's gwb's fault and the problem is that we need more taxes.


    But here's the cbo chart:

    <img src="http://www.american.com/graphics/2010/Biggs%204.15.10.tif" alt="some_text"/>

    The chart would appear to clearly show that it is spending that is out of control.

    So what should I believe? What the CBO says, or my own eyes?
     
  2. Tax cuts don't pay for themselves.
     
  3. Lucrum

    Lucrum

    Neither do illegal aliens and welfare recipients.
    But I bet you support them.
     
  4. Who again was the President that granted illegals amnesty?
     
  5. Lucrum

    Lucrum

    Barack Obama?



    "We are not going to ship back 12 million people, we're not going to do it as a practical matter. We would have to take all our law enforcement that we have available and we would have to use it and put people on buses, and rip families apart, and that's not who we are, that's not what America is about. So what I've proposed... is you say we're going to bring these folks out of the shadows. We're going to make them pay a fine, they are going to have to learn English, they are going to have to go to the back of the line...but they will have a pathway to citizenship over the course of 10 years."



    http://lubbockonline.com/interact/b...ll-obama-give-amnesty-and-vote-illegal-aliens
     
  6. Maybe you should check the comprehension tutorial link you yourself posted. I asked which President granted amnesty, not which one is going to.

    Read that carefully a few times before responding.
     
  7. Lucrum

    Lucrum

    Which amnesty are you talking about?



    Since the Immigration and Nationality Act of 1965, Congress has passed seven amnesties:

    1. Immigration and Reform Control Act (IRCA), 1986: A blanket amnesty for over 2.7 million illegal aliens

    2. Section 245(i) Amnesty, 1994: A temporary rolling amnesty for 578,000 illegal aliens

    3. Section 245(i) Extension Amnesty, 1997: An extension of the rolling amnesty created in 1994

    4. Nicaraguan Adjustment and Central American Relief Act (NACARA) Amnesty, 1997: An amnesty for close to one million illegal aliens from Central America

    5. Haitian Refugee Immigration Fairness Act Amnesty (HRIFA), 1998: An amnesty for 125,000 illegal aliens from Haiti

    6. Late Amnesty, 2000: An amnesty for some illegal aliens who claim they should have been amnestied under the 1986 IRCA amnesty, an estimated 400,000 illegal aliens

    7. LIFE Act Amnesty, 2000: A reinstatement of the rolling Section 245(i) amnesty, an estimated 900,000 illegal aliens
     
  8. Hey numbknuckle, granting amnesty to political refugees is the same as blanket amnesty to illegal immigrants?
     
  9. Lucrum

    Lucrum

    Apparently our federal government thinks so.


    1. Immigration and Reform Control Act (IRCA), 1986: A blanket amnesty for over 2.7 million illegal aliens
    2. Section 245(i) Amnesty, 1994: A temporary rolling amnesty for 578,000 illegal aliens
    3. Section 245(i) Extension Amnesty, 1997: An extension of the rolling amnesty created in 1994
    4. Nicaraguan Adjustment and Central American Relief Act (NACARA) Amnesty, 1997: An amnesty for close to one million illegal aliens from Central America
    5. Haitian Refugee Immigration Fairness Act Amnesty (HRIFA), 1998: An amnesty for 125,000 illegal aliens from Haiti
    6. Late Amnesty, 2000: An amnesty for some illegal aliens who claim they should have been amnestied under the 1986 IRCA amnesty, an estimated 400,000 illegal aliens
    7. LIFE Act Amnesty, 2000: A reinstatement of the rolling Section 245(i) amnesty, an estimated 900,000 illegal aliens


    Anyway to answer your question it looks like Clinton was president for 6 of the 7 amnesties.
     
  10. fhl

    fhl

    "It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now ... Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."

    – John F. Kennedy, Nov. 20, 1962, president's news conference

    "Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government."

    – John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

    "A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new conveniences, education and investment. Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding or improving his business, and as the national income grows, the federal government will ultimately end up with more revenues."

    – John F. Kennedy, Sept. 18, 1963, radio and television address to the nation on tax-reduction bill

    "In short, it is a paradoxical truth that ... the soundest way to raise the revenues in the long run is to cut the rates now. The experience of a number of European countries and Japan have borne this out. This country's own experience with tax reduction in 1954 has borne this out. And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."

    – John F. Kennedy, Nov. 20, 1962, news conference

    "This administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes ... Next year's tax bill should reduce personal as well as corporate income taxes, for those in the lower brackets, who are certain to spend their additional take-home pay, and for those in the middle and upper brackets, who can thereby be encouraged to undertake additional efforts and enabled to invest more capital ... I am confident that the enactment of the right bill next year will in due course increase our gross national product by several times the amount of taxes actually cut."

    – John F. Kennedy, Nov. 20, 1962, news conference
     
    #10     Jun 30, 2010