Meta-Blog

SEARCH QandO

Email:
Jon Henke
Bruce "McQ" McQuain
Dale Franks
Bryan Pick
Billy Hollis
Lance Paddock
MichaelW

BLOGROLL QandO

 
 
Recent Posts
The Ayers Resurrection Tour
Special Friends Get Special Breaks
One Hour
The Hope and Change Express - stalled in the slow lane
Michael Steele New RNC Chairman
Things that make you go "hmmmm"...
Oh yeah, that "rule of law" thing ...
Putting Dollar Signs in Front Of The AGW Hoax
Moving toward a 60 vote majority?
Do As I Say ....
 
 
QandO Newsroom

Newsroom Home Page

US News

US National News
Politics
Business
Science
Technology
Health
Entertainment
Sports
Opinion/Editorial

International News

Top World New
Iraq News
Mideast Conflict

Blogging

Blogpulse Daily Highlights
Daypop Top 40 Links

Regional

Regional News

Publications

News Publications

 
Theory versus Reality
Posted by: Jon Henke on Monday, October 22, 2007

The New York Times editorial board:
Politicians on the right have continuously paraded the specter of statism to rally voters’ support for tax cuts, mainly for the rich. But the meager tax take leaves the United States ill prepared to compete. From universal health insurance to decent unemployment insurance, other rich nations provide their citizens benefits that the United States government simply cannot afford.
...and that's why you see so many people, businesses and investors fleeing the United States.

Quod erat...demonstrandum?
 
TrackBacks
Return to Main Blog Page
 
 

Previous Comments to this Post 

Comments
Further of course is the idea that the supposed "meager tax take" has been going up... rather dramatically... which would seem to fly in the face of the anti-supply side arguments that the Times is so fond of.

I’m aware others are, too... and to them I echo your comment:

Quod erat...demonstrandum?


 
Written By: Bithead
URL: http://bitsblog.florack.us
From universal health insurance to decent unemployment insurance, other rich nations provide their citizens benefits that the United States government simply cannot afford.
If the tax take is so "meager" then it surely can’t make a difference when it comes to paying for these massive programs......right?

When does the NYT advocate for the mandatory 35 hour workweek?

 
Written By: shark
URL: http://
Or asking for a few piddling millions more to support an expansion of SCHIP.
 
Written By: looker
URL: http://
I’m aware others are, too... and to them I echo your comment:

Quod erat...demonstrandum?
No. Correlation is not causation. Tax revenues rise when the economy grows. Unless you wish to argue that the economy would not have grown without the recent tax cuts, you don’t really have much of a point.
 
Written By: Jon Henke
URL: http://www.QandO.net
Any giant sucking sounds are definitely not coming from rich nations (especially European ones).

However, you can’t ignore things $2000+ dollar price advantage per vehicle the Japanese have over US automakers either. In theory you might expect the Economic Karma of that socialist policy might hurt Japan, but when they can currency fix and play other games, they never realize it in terms of loss of competitiveness.
 
Written By: jpm100
URL: http://
Unless you wish to argue that the economy would not have grown without the recent tax cuts, you don’t really have much of a point.
You’re warm, Jon, you’re warm.

I’m suggesting the economy was... and still is... being held back rather significantly by a tax burden that is way too large. You’re asking a Yugo to pull a house trailer.

As an extention of that, you may take it that the economy wouldn’t have grown without the tax cuts, I suppose, but you’re (unintentionally) distoring the claim with that statement.

Say, rather, that the problem is high taxes, and the economy grows in relation to the solution of lowering taxes... particularly at margins... is applied. That tax revenues grow as a result of that increase in the overall economy after a tax cut is to my thinking, merely a good indicator of how overburdened this economy is, with tax rates.

JPM; Your point is well taken... and that problem falls at the feet of the government (Regulations, and taxes) and the Unions (Wage and benefit demands) Our industry has long been suffering at the hands of both these for decades, now. The lightening of the load of one or the other would give our industry a fighting chance. Alas(!), I doubt now either will happen.








 
Written By: Bithead
URL: http://bitsblog.florack.us

Compete for what? Do we have another ’missile gap’, this time because we cannot attract enough impoverished third-world immigrants? Oh, the horror! We are falling behind in the unskilled labor race!
It’s for the children, of course. There are not enough of them for each child to have a few to play with.
 
Written By: timactual
URL: http://
And the proper function of government is...what again?

Well, at least they did correctly self describe themselves as "statist". I wonder if they ever thought of the company they keep.

Like a pack of eight year-olds, they whine about who’ll take care of them when daddy dies.
 
Written By: Sharpshooter
URL: http://
"they whine about who’ll take care of them when daddy dies"

Typical conservative hate talk. Have you no feelings at all for orphans?
 
Written By: timactual
URL: http://

 
Add Your Comment
  NOTICE: While we don't wish to censor your thoughts, we do blacklist certain terms of profanity or obscenity. This is not to muzzle you, but to ensure that the blog remains work-safe for our readers. If you wish to use profanity, simply insert asterisks (*) where the vowels usually go. Your meaning will still be clear, but our readers will be able to view the blog without worrying that content monitoring will get them in trouble when reading it.
Comments for this entry are closed.
Name:
Email:
URL:
HTML Tools:
Bold Italic Blockquote Hyperlink
Comment:
   
 
Vicious Capitalism

Divider

Buy Dale's Book!
Slackernomics by Dale Franks

Divider

Divider