tag:blogger.com,1999:blog-6926413038778731189.post529770249176915597..comments2023-10-16T07:13:12.123-05:00Comments on A plain blog about politics: Catch of the DayJonathan Bernsteinhttp://www.blogger.com/profile/15931039630306253241noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6926413038778731189.post-52924160667509277672011-08-09T14:47:54.736-05:002011-08-09T14:47:54.736-05:00You're on the wrong blog, MP. Everyone here di...You're on the wrong blog, MP. Everyone here dismisses it out of hand, and they dismiss some extreme, caricaturized version of it, too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-67183951124818972402011-08-09T06:50:34.280-05:002011-08-09T06:50:34.280-05:00I think you're misinterpreting Ryan here. Yes,...I think you're misinterpreting Ryan here. Yes, some people on the right have argued that lower rates pay for themselves, but most only go as far as saying lower rates don't lower the total take as much as a static analysis would imply and higher rates don't increase it as much. When Ryan talks about comprehensive tax reform, I interpret that as broadening the base by removing a lot of tax expenditure (or 'targeted tax cuts' as Clinton dubbed it). You could do that in a way that is revenue-neutral on a static basis, but if it leads to more growth then everyone wins.<br /><br />You may or may not buy that argument in the end, but it shouldn't be dismissed out of hand.MPnoreply@blogger.comtag:blogger.com,1999:blog-6926413038778731189.post-35577801549434021242011-08-08T14:17:18.479-05:002011-08-08T14:17:18.479-05:00Ryan's whole philosophy is backed up by delusi...Ryan's whole philosophy is backed up by delusional assumptions. This is from the National Journal in April, about where the numbers for Ryan's budget come from:<br /><br />"The unemployment rate will plunge by 2.5 percentage points. The still-sinking housing market will roar back in a brand new boom. The federal government will collect $100 billion more in income tax revenues than it otherwise would have. And that's just in the first year. By 2015, the forecasters say, unemployment will fall to 4 percent. By 2021, it will be a nearly unprecedented 2.8 percent."David Gillhttps://www.blogger.com/profile/00447727084529361439noreply@blogger.com