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Before getting into the heart of my argument, permit me to celebrate for a moment.  Consider what is about to happen.  The economy is about to flourish under President Obama, totally undermining the republican argument that Democrats are poor stewards of the economy.  This performance will complement the experience under President Clinton and stand for a generation.  Further, as long has President Obama and Harry Reid stay strong, taxes on the rich are about to rise which, coupled with the impending economic growth, will bring about meaningful deficit reduction.  Here again demonstrating the superior economic stewardship by the Democrats.

I think the broader influence by Nate Silver of data and math based analysis of national issues gives us the opportunity to drive another stake in the heart of the republicans.  Look below the squiggle for details.

For the past several decades the Republicans have, rather successfully, managed to impugn the democrats for putting in place tax rates which are too high.  The two arguments used are that this is somehow "stealing" from individuals and/or putting a drag on economic growth.

To my point of view, the second argument can be blunted if we start to discuss tax receipts as a percentage of GDP.  There is a strong, data-based argument that the economy and, thus, the deficit are best managed when we invest approximately 20-22% of our GDP in our national infrastructure.

Every time the Republicans challenge us on taxes, I suggest we respond by saying "history shows that the most prosporous times in American history correspond to times when we have invested 20-22% of our GDP in our people and infrastructure." If we can repeat this often enough to make it the norm in peoples expectations I think it will undermine the republican arguments.

Let me know if you think this could be effective.


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Comment Preferences

  •  Nicely put. (1+ / 0-)
    Recommended by:
    Calamity Jean

    When Peggy Noonan, Rush Limbaugh, and other Republicans made their prognostications about the outcome of the election, they went with their "gut" feelings, absent any statistical data to support a prediction of a Romney win.  Their belief that economic growth is propelled by tax rate reductions for the 1% (of whom they are a part) is part "gut" and part naked self-interest, but it's not supported by the numbers.  The ascendance of Nate Silver and Sam Wang might pave the way for data-driven consideration of many issues heretofore left to pundits and politicians -- from tax policy to climate change.  I wonder if this in itself could be a new movement?

  •  rethugs know that their policies are not data driv (0+ / 0-)

    They know this very well.

    That is why they turn up the noise level to drown out the signal.

    To Goldman Sachs in according to their desires, From us in accordance with the IRS.

    by Bluehawk on Thu Nov 08, 2012 at 10:04:11 AM PST

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