tag:blogger.com,1999:blog-3656486349192999658.post4925377754476046778..comments2023-10-24T06:20:07.970-07:00Comments on skep41: America Deserves Obamaskep41http://www.blogger.com/profile/05298012734038994297noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3656486349192999658.post-9827992168272435452008-10-30T11:06:00.000-07:002008-10-30T11:06:00.000-07:00I love RCP. They have the best selection and range...I love RCP. They have the best selection and range of columns. I'm sure you're pleased with their electoral college map. Dont take my ravings as a sign that insanity runs in the family. I had a monkey wrench dropped on my head as a young child.skep41https://www.blogger.com/profile/05298012734038994297noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-27680567876752831582008-10-29T18:02:00.000-07:002008-10-29T18:02:00.000-07:00Yeah, that's what I meant by RCP, I should've know...Yeah, that's what I meant by RCP, I should've known you read the site as obsessively as I do!Frank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-79020787771456177152008-10-29T12:03:00.000-07:002008-10-29T12:03:00.000-07:00Frank. I already read it. It was on Real Clear pol...Frank. I already read it. It was on Real Clear politics.comskep41https://www.blogger.com/profile/05298012734038994297noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-13129974025058521112008-10-28T15:15:00.000-07:002008-10-28T15:15:00.000-07:00Nope, not a pay site. The article is "The Age of ...Nope, not a pay site. The article is "The Age of Prosperity Is Over" - it's all over Google News.Frank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-4233807450873843382008-10-28T13:05:00.000-07:002008-10-28T13:05:00.000-07:00The Laffer Curve says that there is a level of tax...The Laffer Curve says that there is a level of taxation that brings in the maximum revenue. Thats where tax rates should be. But if you're embarked on a social reengineering of society digitally created money is just as good. This is starting to remind me of the pre-French Revolution. After the overwhelming Democratic victory they should meet in the Capitol Building tennis court.<BR/><BR/>I copied and pasted that article url and got an error message. Whats the title of it so I can just go find it on WSJ. Isn't WSJ a pay site?skep41https://www.blogger.com/profile/05298012734038994297noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-73739516556214146912008-10-28T05:54:00.000-07:002008-10-28T05:54:00.000-07:00BTW, if you're a Laffer fan, this was on RCP yeste...BTW, if you're a Laffer fan, this was on RCP yesterday:<BR/><BR/>http://online.wsj.com/article/SB122506830024970697.htmlFrank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-44619147331715217272008-10-28T05:53:00.000-07:002008-10-28T05:53:00.000-07:00The Laffer curve is useful if we can figure out wh...The Laffer curve is useful if we can figure out where the apex of the bell curve is, if the curve follows a standard distribution, etc. Although, I don't know if any economists have a model for this yet. If not, it probably only tells us "Don't raise taxes too high. How high is too high?"<BR/><BR/>You have a good point that there will probably be several different tax/funding proposals. My guess is that the final result will probably be some bizarre frankenstein plan.Frank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-81636953626600773342008-10-27T11:48:00.000-07:002008-10-27T11:48:00.000-07:00The Reid-Pelosi Tax Plan might be a little differe...The Reid-Pelosi Tax Plan might be a little different. Redistribution will hit anybody making more than 100k right between the eyes. This government is broke NOW without the addition of what a sixty-vote Dem Senate and 250-vote Pelosi House will pass. If you listen to what Obama said before he tacked to the right for political expediency then you'll have to conclude that 250k+ number will not raise enough...or any more than they get now if you believe the Laffer Curve (I do). An ocean of red ink will cause the Dems to look elsewhere for revenues.skep41https://www.blogger.com/profile/05298012734038994297noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-7005776082432333692008-10-27T09:25:00.000-07:002008-10-27T09:25:00.000-07:00It's my understanding that, until crossing the $25...It's my understanding that, until crossing the $250K threshold, the Obama tax plan would benefit this group more in terms of take-home income than would the McCain tax plan.Frank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-5952402467257281172008-10-27T08:06:00.000-07:002008-10-27T08:06:00.000-07:00Above 100k per year. Now that the engine of inflat...Above 100k per year. Now that the engine of inflation has kicked in that might be a bit low. Two LA cops married to each other have a family income of 200k. I would say that anyone with 30k of disposable income after paying their bills is in that category. They will be the targets of redistribution. The recipients of redistribution will be those who qualify for the Earned Income Tax Credit.skep41https://www.blogger.com/profile/05298012734038994297noreply@blogger.comtag:blogger.com,1999:blog-3656486349192999658.post-57755176794175205402008-10-25T18:46:00.000-07:002008-10-25T18:46:00.000-07:00What segment of the population do you consider to ...What segment of the population do you consider to be "upper middle class"?Frank Gerratanahttps://www.blogger.com/profile/02397983770195191826noreply@blogger.com