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Wolf In Political Ad's Clothing

Posted by samzenpus on from the bad-idea dept.

Gerald Ford may have said, "There is no Soviet domination of Eastern Europe and there never will be under a Ford administration." But he was never stupid enough to make this.

3 of 25 comments (clear)

  1. so whats the problem? by gandhi_2 · · Score: 2, Informative

    the imagery is silly, but this guy DID campaign on fiscal conservatism while his actions in office were the opposite.

    california's budget problems aren't just his fault, it's a case study of liberal infinite government growth and public-sector labor union power. still, his his a fcino.

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    THL phish sticks
    1. Re:so whats the problem? by ArcherB · · Score: 2, Informative

      Let's see... not enough money? What is there to be done? You either CUT spending or your RAISE taxes. THAT is fiscal conservatism.

      Close. Fiscal Conservatism cuts spending AND taxes. Depending on which side of the Laffer curve you are on, cutting taxes actually RAISES revenue. This happened after GWB's tax cuts took effect. Bush cut taxes. Government took in record receipts (and then spent them!).

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      There is no "I disagree" mod for a reason. Flamebait, Troll, and Overrated are not substitutes.
    2. Re:so whats the problem? by Anonymous Coward · · Score: 1, Informative

      Depending on which side of the Laffer curve you are on, cutting taxes actually RAISES revenue. This happened after GWB's tax cuts took effect. Bush cut taxes. Government took in record receipts (and then spent them!).

      You're oversimplifying. Most of the increase in tax revenues came from corporate taxes, which didn't get a major cut in that period.

      See: http://www.factcheck.org/taxes/supply-side_spin.html