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Former President Clinton Doesn't Understand How Tax Cuts Help Economy
Semi-News/Semi-Satire ^ | 30 Mar 2013 | John Semmens

Posted on 03/30/2013 10:33:57 AM PDT by John Semmens

Former President Bill Clinton castigated Republicans for their continued opposition to tax increases saying “they haven't been able to explain to my satisfaction how low taxes are supposed to help the economy.”

“Since government is the genesis of most of the good in the world a stance that appears aimed at limiting its access to the resources it needs can only retard its role,” Clinton argued. “Cutting taxes in the hope that the aggregated selfish actions of private parties would somehow result in greater prosperity seems pretty farfetched to me.”

In support of his case, Clinton cited the robust economic growth that occurred during his term in office. “We raised taxes while I was President and we saw 100 times as many people moved out of poverty as did during the tax-cutting Reagan Administration,” Clinton bragged. “That alone ought to prove the wisdom of transferring more of the nation's wealth to the public sector.”

The record number of people receiving food stamps under the Obama Administration's expansion of government's share of the GDP didn't dent Clinton's confidence in the curative powers of big government. “The federal government's 25% share of GDP may be a historic high for America, but it is still far below what has been achieved in other countries,” he pointed out. “I would argue that if government could allocate 100% of the nation's resources economic growth and distributional equity would be maximized.”

if you missed any of this week's other semi-news/semi-satire posts you can find them at...

http://www.freedomsphoenix.com/Opinion/131336-2013-03-29-semi-news-a-satire-of-recent-news-march-31-2013.htm


TOPICS: Humor
KEYWORDS: democrats; satire; socialism; taxes; x42

1 posted on 03/30/2013 10:33:57 AM PDT by John Semmens
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To: John Semmens
a stance that appears aimed at limiting its access to the resources it needs can only retard its role


2 posted on 03/30/2013 10:39:17 AM PDT by Slyfox (The Key to Marxism is Medicine ~ Vladimir Lenin)
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To: John Semmens

“The federal government’s 25% share of GDP may be a historic high for America, but it is still far below what has been achieved in other countries,”

Only in the mind of a Democrat could outright theft from productive citizens be labelled an achievement.


3 posted on 03/30/2013 10:46:03 AM PDT by headstamp 2 (What would Scooby do?)
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To: John Semmens

He never had it explained to him how fidelity helped marriage either.


4 posted on 03/30/2013 11:06:13 AM PDT by gusopol3
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To: John Semmens
This is just a corollary to Hillary's statement "I can't be responsible for every under-capitalized small business."

To the oligarch class, only the oligarch class matters.

The oligarch class runs the big-government/big-corporate criminal monopoly. The big corporations contribute to the big-government swells, and the big-government swells pass laws eliminating small business competition to big-corporate.

They don't want a piece of a bigger pie. They want 100% of a smaller pie, and they aren't shy about using government to do it.

5 posted on 03/30/2013 11:24:44 AM PDT by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: John Semmens
"Former President Bill Clinton castigated Republicans for their continued opposition to tax increases saying 'they haven't been able to explain to my satisfaction how low taxes are supposed to help the economy.'”

This is the same retard that wanted to nuke the Gulf BP Deepwater Horizon oil spill isn't it?


6 posted on 03/31/2013 12:19:20 AM PDT by clearcarbon
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