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View Diary: The Ryan budget's Republican vision for America: Less (47 comments)

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  •  The basic problem (10+ / 0-)

    with the Ryan budget, or ANY Republican budget for that matter, is very simple:

    The "No New Revenues" is the most important part.  Keeping taxes low (especially on the wealthy) is their only real priority.  Everything else is secondary.

    29, white male, TX-07 (current), TN-09 (born), TN-08 (where parents live now)

    by TDDVandy on Wed Apr 02, 2014 at 09:27:22 AM PDT

    •  They keep trying to sell the Reagan Snake Oil (8+ / 0-)

      of "less is more". The claim which nobody with a functioning mammalian brain actually believes is based on the Laffer Curve claim that "less taxes will encourage growth which will increase the total money collect in taxes."

      Of course basing an economic theory developed on a cocktail napkin isn't any way to run a government but that hasn't stopped the GOP for 30+ years.

      Food processed to be nothing more than simple starches with two dozen flavorings and stabilizers added to make it appear to be food isn't "food". It's "feed" -- what you give to livestock to fatten them up for slaughter.

      by ontheleftcoast on Wed Apr 02, 2014 at 09:41:07 AM PDT

      [ Parent ]

      •  Reagan actually ended up raising taxes. (1+ / 0-)
        Recommended by:

        "Reagan was certainly a tax cutter legislatively, emotionally and ideologically. But for a variety of political reasons, it was hard for him to ignore the cost of his tax cuts," said tax historian Joseph Thorndike.

        Two bills passed in 1982 and 1984 together "constituted the biggest tax increase ever enacted during peacetime," Thorndike said.

        Source: Money.CNN

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