Ultimately, why did you choose your party?

[ConHog]

Beg pardon?

"Socialism refers to an economic system characterized by social ownership of the means of production and co-operative management of the economy."

Regulation of a granted monopoly =/= management of the economy. Besides, I'm not even sure what point we're debating anymore.

Me neither

Suffice to say, whatever it is, I'm right.

[fj1200]

I already told you that whatever side I take, I win.

[ConHog]

I already told you that whatever side I take, I win.

That is true


when you take MY side.

[bingster]

We're suffering "demand side" right now. The current recovery is far short of other recoveries that were built on either no government change in policy or a tax cut based recovery. Also could you let me know who proclaimed the 'trickle down theory'?

The current recovery is also from a recession that is far larger than any other recession than the great depression. You had your Reaganesque trickle down theory during the George W. administration blowing our budget surplus and resulting in one of the slowest 8 years of job growth in our history.

[fj1200]

The current recovery is also from a recession that is far larger than any other recession than the great depression. You had your Reaganesque trickle down theory during the George W. administration blowing our budget surplus and resulting in one of the slowest 8 years of job growth in our history.

True, it was a deep recession but that is weak justification for the policies that prevent a more robust recovery; the responses to the recession have been demand-side failures and focus on bigger government not more incentive. I'll just leave this here about the Bush budgets.

Ten Myths About the Bush Tax Cuts

I don't think it's in the link above but the budget surpluses that Bush "blew" were built on false assumptions and didn't take into reality of recessions and the like. Here it is:

In reality, this surplus projection was wildly unrealistic, as both the revenues and spending estimates were way off base. The CBO projected that revenues would average 20.3 percent of GDP throughout the entire decade-even though that level had been reached only three times in the nation's 225-year history.[5] In effect, the CBO had projected no significant correction of the stock market bubble that had built up over the previous three years. The projections also understandably failed to foresee the 2001 recession, the 2008 economic downturn, and income distributional shifts that dampened revenues.[6]The CBO would have been on firmer ground projecting revenue levels closer to the then-historical average of 18.4 percent of GDP.

http://www.heritage.org/research/rep...icits-and-debt

And if you'd like to complain about job growth you'll have to show that Bush was responsible for the recessions that book-ended his administration. As I said the last time you challenged the point about tax rates; Tax revenues are not correlated to tax rates.