Newt Gingrich Said What?

National Review Online ^ | November 30, 2011 | Jim Geraghty

[JustSayNoToNannies]

Reducing taxes is not a theory. It’as worked every time it’s been tried.

So you agree that Senate Republicans are wrong in saying that extending the payroll(FICA/SS) tax cut must be paid for?

[marstegreg]

“Conservatives” make the media’s job much easier by talking out of both sides of their mouths on tax cuts.

Those are just RINOs. We know who we can trust. The media really does carry the water for the DNC though. If their mouth had more than 2 sides, they would be talking out of those too but far be it from the media to ever point it out. They make things look the way they want them to look and they will keeep doing it until it doesn’t work any more. We gave them this power, we must now take it back..

[sickoflibs]

RE :” Real tax cuts leave more money for the private sector to invest in growing their companies. This translates directly to job creation. In turn, this generates more consumer spending—simply because there are more consumers.....Finally, Lost tax revenue is more than made up by the increasing number of people earning a living and spending. I remember Reagan doin a tutorial on the subject using piles of pennies. He made it easy to understand...
Does this make any sense to you? Reducing taxes is not a theory. It’as worked every time it’s been tried”

Two points, two practical and the other political.

1) Cutting taxes and then spending that money you didn't collect in taxes by running up debts does not inspire confidence indefinitely, because the money comes from someplace. It's a temporary Keynesian stimulus no magical fix.

2) Reagan didnt have a educated high skill lost cost huge China to compete with that we do. He just had Japan and some jobs did go to Japan at the time. Unlike 30 years ago, much more of general tax cuts will be used to buy Chinese goods and invest in Chinese factories and other overseas jobs than ever before.

And political : as a purely political argument the idea of taking from the rich to hire a voter/unemployed worker sounds more certain to him than lowering taxes further and hoping that beneficiary spends it or invests it here. And if that voter doesnt think he is the one to be taxed he is likely to think it's even better.

Republicans need to update their points to reflect the current economy. And 'Starve the Beast' is not compatible with 'Tax cuts are free'.

[spacewarp]

Remember, there are 310 million people in this country, roughly 60% of voting age and eligibility, meaning roughly 186 million people are voting age. Of those, if trends hold true, we’ll have roughly 72% of the voters turn out. That’s roughly some 134 million voters. Obama will have some 30% that loyally vote Democrat no matter what. Leaving some 40.2 million votes for Obama. The rest are those who are making a decision on Obama or the Republican or some 3rd party candidate. Here’s the problem with that. We’re looking at roughly 94 million undecided or Republican and 99 million who will vote Obama. The dead talk.

[JustSayNoToNannies]

Those are just RINOs.

You mean the Senate Republicans who are saying that extending the payroll(FICA/SS) tax cut must be paid for?

[wardaddy]

I actually like the lady posting this thread but she’s pimping for Perry...all well and good

but she’s drawing Cainiacs like flies to the patty

i guess any tear down Newt thread will do

FR is way out of sync with most GOP voter polls we are seeing...way way off with the Cain love

good luck ya’ll (not u dear per se)

[sickoflibs]

RE :”You mean the Senate Republicans who are saying that extending the payroll(FICA/SS) tax cut must be paid for?”

Democrats argument is that you cut the payroll(FICA/SS) tax extension and pay for it by taxing the rich. And that is going to be popular sounding given who would 'get' and who would 'pay'. Democrats poll test all their attacks.

A real debate on that Dem proposal that the rich in effect pay our FICA taxes would be the nature of entitlements like SS and what entitles voters to them .

[marstegreg]

You mean the Senate Republicans who are saying that extending the payroll(FICA/SS) tax cut must be paid for

I haven’t really kept up with that. There is soooooo much going on it is hard to keep up with all of it. I was making a general statement. Please fill me in.

[Marine_Uncle]

RE: "Republicans need to update their points to reflect the current economy. And 'Starve the Beast' is not compatible with 'Tax cuts are free'."
Agree. As you indicated to often the Republicans do not present a understandable rebuttal to the Democrat message. Statements such as we borrow 40 cents on every dollar we spend does not educate enough of the voter base on both sides. Conversely.
The sad condition is many of these voters are in debt to begin with due to how they live and manage their money.
They behave in an identical fashion as to what the Federal and State governments have been doing for many years. They live beyond their ability to stay debt free. So how can one expect them to be awakened by the short phrases the Republican leadership echo.
Lastly you are quite correct in your comments to some as we are working with a far different economic model today then say 30 or 40 years ago, when America maintained the greatest industrial base in the world. Jobs for just about anyone who wanted a job. Back when one could afford to get meaningful degrees, find appropriate jobs,purchase homes and then maintain their mortgages, etc..
The great decline in our industrial base has had a very deleterious effect on our ability to maintain Federal Government Budget surpluses. A different ball game entirely if one would.

[JustSayNoToNannies]

You mean the Senate Republicans who are saying that extending the payroll(FICA/SS) tax cut must be paid for?

I haven’t really kept up with that. There is soooooo much going on it is hard to keep up with all of it. I was making a general statement. Please fill me in.

sickoflibs, do you remember which Senate Republicans were saying that extending the payroll (FICA/SS) tax cut must be paid for?

[JustSayNoToNannies]

I did find this: "House Speaker John Boehner said flatly that any tax cut extension will be offset by cuts elsewhere in the budget to avoid raising federal deficits." - http://www.google.com/hostednews/ap/article/ALeqM5iYkxN2HRZbcmzoZB9XFsTTe1UL3A?docId=3f3073c1f6384c919048af69d6e5b5ed

[sickoflibs]

RE :"sickoflibs, do you remember which Senate Republicans were saying that extending the payroll (FICA/SS) tax cut must be paid for?"

I saw Kyl doing it on TV. I think it was a clip replayed from a Sunday show. And he has a point unless Republicans were willing to talk about reforming SS as part of it, which they are too scared to.

[JustSayNoToNannies]

'“With this $15 trillion debt we now have,” Senator Mitch McConnell of Kentucky, the Republican leader, said Tuesday, “we have to pay for a measure like this, and I think we will pay for it.”' - http://www.nytimes.com/2011/11/30/us/politics/in-congress-role-reversal-over-federal-payroll-tax-cut.html

[AGreatPer]

"Do you really believe that if the Country were really 40% conservative that Obama could have been elected?"

I have confirmed those numbers in several places. 40/21%
Yes, the country is basically conservative.

However, that leaves 39% to make up their mind and they elect the president.

It simply tell us all how bad Bob Dole and what's his name were.

[Prokopton]

I have confirmed those numbers in several places. 40/21%

You have confirmed those numbers how? A poll that asks people if they're conservative or liberal is not going to find out how many people are conservative. A large portion of the Country thought Bush was "conservative" and think Carl Rove and Mitt Romney are "conservative".

I stand by my opinion that about 15% of Americans are conservative, about 15 % are liberal, and 70% have no real ideology but vote personality and promises.

[sickoflibs]

After I replied I went to the gym and saw Boehner say the the same thing, that FICA tax cuts need to be paid for with spending cuts to continue to fund SS.

Yes, I have heard Rush in the past saying that tax cuts shouldn't have to be compensated for because of that magic formula. But then he got stuck in the GWB boat that didn't end too well.

Democrats now claim that spending pays for itself by creating jobs and revenue. They learned how to talk. The liberal Santa pays for it.

[marstegreg]

“we have to pay for a measure like this, and I think we will pay for it.”’ -

Did he mean “we’ll pay for it” politically, or financially?

[marstegreg]

Thanks. It sure looks like the dem party is not playing by the same rules as the Pubs are. In the article they admit to doing this so that the Repubs look bad. Why are they allowing this?

[marstegreg]

Democrats now claim that spending pays for itself by creating jobs and revenue. They learned how to talk. The liberal Santa pays for it.

This call to mind when Pelosi said that for every dollar they spend we get 2 dollars back. Remember? I’m sure she worked that one out on her abacus (with her stone and chisel at her side). Funny thing is, I don’t remember the media calling her out on it and they will likely be silent again.

[Marine_Uncle]

RE: "Democrats now claim that spending pays for itself by creating jobs and revenue. They learned how to talk. The liberal Santa pays for it."

And they get away with the falsehood. Their voting base is so stupid. And as you continue to say, the Republican leadership is more often then not, stupid. What a mixed bag.