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turbinetree

(24,688 posts)
Sun Jul 30, 2017, 03:57 PM Jul 2017

Eddie Munster speaks "DYNAMIC SCORING"




"What that means is that we can have a big tax cut, but also make sure we are in compliance with our deficit targets," he opined, noting that additional revenue could come from cutting programs like welfare.

"I don't think we can get to 3 percent growth without tax reform," the Wisconsin Republican insisted. "I really believe the secret to getting to 3 percent growth -- clearly a goal we can achieve in this country -- regulatory relief, working on labor supply, welfare to work. But tax reform, you can't get to 3 percent growth in my opinion without tax reform. That's why this is so important. That's why we all agree."


In other words blame the poor some more....................


And has Jared Bernstein said back in April:

https://www.washingtonpost.com/posteverything/wp/2017/04/24/dsa-dynamic-scoring-abuse/?utm_term=.ecc13e6f6a5f






12 replies = new reply since forum marked as read
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Eddie Munster speaks "DYNAMIC SCORING" (Original Post) turbinetree Jul 2017 OP
Onward and downward. Sneederbunk Jul 2017 #1
We Don't Have videohead5 Jul 2017 #2
I agree. awesomerwb1 Jul 2017 #5
Civilian Labor Force Participation Rate 25-54 exboyfil Jul 2017 #6
His goal always seems to be CatMor Jul 2017 #3
Trickle down again! Dustlawyer Jul 2017 #12
Dynamic scoring - we can just make it up. Jim__ Jul 2017 #4
Blah, blah, blah, blah, blah......hiccup...blah, blah, blah.... Hulk Jul 2017 #7
Redistribution of wealth & abandonment of social contract w/Americans. Honeycombe8 Jul 2017 #8
Fareed Zakaria on Dynamic Scoring (aka 'VooDoo Economics') today TrollBuster9090 Jul 2017 #9
Yay! This should be played every time Ryan speaks of his crazy plans. The Wielding Truth Jul 2017 #10
Segueing Right from "Health Care" to "Tax Reform" Without Missing a Beat panfluteman Jul 2017 #11

videohead5

(2,170 posts)
2. We Don't Have
Sun Jul 30, 2017, 04:06 PM
Jul 2017

A big enough workforce to grow at 3%.we are at full employment right now.all of those tax cuts Bush gave and he had one of the worst GDP's of any president.

awesomerwb1

(4,267 posts)
5. I agree.
Sun Jul 30, 2017, 04:26 PM
Jul 2017

Was it someone from the Fed who said just recently we're at full employment and we have an aging population leaving the workforce?

Also read the fertility rate has dropped below 2 per woman so good luck getting to 3% without immigration.

exboyfil

(17,862 posts)
6. Civilian Labor Force Participation Rate 25-54
Sun Jul 30, 2017, 05:41 PM
Jul 2017

When Clinton left office it was at 84%. It is currently sitting at 81.4%. That 2.6% is on 125 million population so about 3.25 million on the sideline when compared to 2001. Currently there is about 3.5 M on SSDI under 55 (another 5.2 over 54).

Participation for 20-24 has dropped from 78% at the end of the Clinton administration to 71% today. This 7% represents about 2 million (about 29 million total but numbers may be off some)

That is what we have to work with for domestic employees. To think folks over 55 on SSDI are going to have an easy transition back to the workforce is magical thinking. There would not be a payback in training even if we are willing to do it. Even unemployed folks over 55 have few positions that make sense for them (labor intensive or a skill set which they don't have - again what is the payback in retraining).

I get sick and tired of the Republicans quoting the 95 million number. The available pool is far smaller (probably on the order of 5 million). These folks live in the wrong parts of the country (ie Foxcomm should have built in West Virginia and not Wisconsin) even if you think the deal was a good one.

A percentage of the 81% are going to be homemakers and caregivers to elderly family members. Many of the 20-22 year olds are still in school.

Jim__

(14,072 posts)
4. Dynamic scoring - we can just make it up.
Sun Jul 30, 2017, 04:25 PM
Jul 2017

The tax cut will cost $100 billion in revenue. Fortunately, the tax cut will cause the economy to grow by just enough so that our revenues will increase by $100 billion. Wow! How great is that!

 

Hulk

(6,699 posts)
7. Blah, blah, blah, blah, blah......hiccup...blah, blah, blah....
Sun Jul 30, 2017, 05:55 PM
Jul 2017

What a jackass. "Hey paul-boy, we are ALL so damned tired of hearing you spout this nonsense, with absolutely NOTHING concrete to back it up, except for your myth on 'trickle-down economics' and some crap you pumped out of your heritage foundation propaganda mill." Just garbage.

Take a look at your testing ground...Kansas. Great results after the clown in the governor's mansion screwed that state up so bad that even the corn stalks are looking for a way out.

Jesus...this dumb ass is delusional and ONLY on fox can he get away with spewing this nonsense as though it makes any sense at all. ALL bull shit. Nothing more.

Yeah...get down to tax reform. Raise the top tax rates up to 90%, let the well-to-do fortunate working class who make more than $500K pay a rate up near 50%, and forget your dumb ass nonsense about the inheritance tax repeals. It's BULL SHIT! And you've been swallowing the same nonsense for breakfast since you came on to the scene, with NO PROOF to back up your garbage brain storm.

Work with the Democrats this time, and have some debate. Your closed door policy of hiding from the public backfired on health care reform, and it will backfire on tax reform as well.

Honeycombe8

(37,648 posts)
8. Redistribution of wealth & abandonment of social contract w/Americans.
Sun Jul 30, 2017, 07:06 PM
Jul 2017

A "you're on your own" mentality. What's mine is mine. I have no duty to fellow citizens; they must pay taxes to fund my deductions, exemptions, and wars. But I don't need to pay taxes to fund THEIR version of deductions and exemptions or what they think is necessary for the country.

They don't count.

While I hope for an ever improving economy, it has been shown repeatedly that tax cuts do not help the economy. The wealthy INVEST their tax cuts; they don't recirculate that money into the economy. Tax cuts don't make business owners hire more people. Businesses hire more people because they have more customers.

If you give the deli down the street a $10,000 check, he'd be grateful. But he won't hire a worker with that money, unless he has so much business that his current workers can't handle it. Tax cuts have little to do with improving business.

panfluteman

(2,065 posts)
11. Segueing Right from "Health Care" to "Tax Reform" Without Missing a Beat
Mon Jul 31, 2017, 04:56 AM
Jul 2017

Shows that the Republicans don't really care about a genuine, sincere approach to either. You can crunch the economic numbers and statistics all you want to prove them wrong, and it's not that hard to do, but the plain, simple truth is that the Republican legislators in congress today are nothing more than reverse Robin Hoods, stealing from the poor to give to the rich. The so-called "healthcare bill" was really just another tax cut to the wealthy bill masquerading as healthcare. Improving the quality of healthcare in this country and continuing to give massive tax cuts to the rich are totally incompatible with one another. Today's Republicans are so boring and predictable - they don't lift a finger legislatively anymore unless there is some massive giveaway to the super rich involved. Real tax reform would be RAISING taxes on the rich to facilitate realistic and prudent government accounting practices - back to Clinton levels, or even higher - back to the Eisenhower levels, as some in this thread have suggested, for REAL fiscal conservatism!

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