Here is Rick Carroll, Republican candidate for the 4th District, being set up in the puppet chair, having his strings pulled… Dare you to try not blinking before he does…

http://www.delawarefirst.org/government_and_politics/gop-weekly-message-september-17-2010/

The word “response” in his video title, is a misnomer. There is no mention of Markell, and barely any mention of the able Democratic leadership that brought open government finally to Legislative Hall. There is only one line about…”Democrats in Washington.”

So let’s get their logic. We are going to send Rick Carroll to Dover to fix what Obama has undone for the wealthiest 1% of Americans!

Here is the message.

America is overtaxed, over regulated, and undermined… hmm…

Over taxed?

This link is the chart that proves every Republican platform that says cutting taxes is what we need…. is a lie… Cutting taxes is not what we need… CUTTING TAXES KILLS ECONOMIES…

Republican response… Blah, Blah, Blah…

kavipsian economist responds with a question… (One that should be asked in every town meeting by the way) … if what you say is true, why is it that when implemented, like in the 1920’s, the Bush 1 years, and this past Republican administration, we get terrible Depressions and Recessions, and when taxes and regulations are increased, as they were under FDR, Truman, Eisenhower, and Clinton, we get richer, we grow, we have jobs with raises, and we even lower the National Debt and get a budget surplus? What you are saying goes against what history tells us? If it didn’t work 3 times, why will it finally work the fourth?

(Where’s Eileen when you really need her….)

Republicans: “blah, blah, blah..”

kavipsian Economist: “show me where it’s true…”

Republican: We can’t show you because there is no evidence that it works yet. That is exactly why we need to keep trying. All our funding comes from the top 1% of Americans and if we say what you’re implying, they will cut of all our funding.

kavipsian Economist: ” So, you are agreeing it isn’t true?”

Republican: I can’t answer that question because of financial obligations but you can…. Is there any historical proof that cutting taxes grows the economy?

kavipsian Economist: “No.”

Republican: “There you go, you just answered the question by yourself; now if you’ll excuse me, I have to go drum up some more contributions. This recession has cut into our money supply…”

So why when you give the wealthy more money, does the economy falter? Because you don’t control how they spend it. Which is preferable: investing in America and getting a 3% return, or investing overseas and getting a 17% return? That’s why giving the wealthy more money hurts America.

Now why does heavier taxing grow the economy? Because you are controlling how they spend it. Which is preferable. Work hard, and pay the Federal Government 40% of all you make, or… invest most of that back in your business, lower reported profit, and pay 40% on the little bit of income you report, if you report any at all… This is what happened from the end of WWII up to the Kennedy Tax cut. And happened again, immediately after Bill Clinton took office….

It works like this. To keep my money out of the IRS, I expand my business. I pay people with money I would normally pay the IRS so it really doesn’t cost me to do so… Those people spend, requiring more businesses to hire just to accommodate that extra spending,
which continues as a domino effect causing jobs to open up, which of course sends money to the Federal government. What Clinton was so masterful at, and didn’t happen on any previous Democrats watch, was as more people got back to work, he cut back on Federal Spending . After all, you really don’t need it to stimulate the economy when the private sector is roaring.

As more people work, more people spend, requiring more workers, resulting in more people spending, requiring even more workers, resulting in even more spending… requiring… And eventually, the debt gets paid down. Those receiving the cash, now need to invest it somewhere…. which causes more jobs, which causes more spending.

In sound byte from. Republicans suck money out of the economy; Democrats pump it back in….

Who benefits from Rick Carrolls spouted philosophy? Only those people who have so much money, they’d rather invest in the 3rd world than put it back into America.

It’s happened 3 times already. They’re fools if they think we’ll let them do it to us again…. The funny thing is, we all remember the great Clinton years. Let’s do what he did, expire the tax cuts, raise the rate to 40% for the top 1%, and watch them scurry to invest that money back into our economy.

And Delaware? Since the Democrats wiped out the local Republican party, Delaware spends less per it’s GSP (Gross State Product) than any other US State…. You can’t cut spending any more… We are the best, and that is solely because we have a Democrat for a Governor, a Democratic Senate, and a Democratic House.

If one looks at this chart, they find that the heavily Democratic states spend much less per GSP than the heavily Republican ones …

If the media would do their job, and ask Republicans why,… what they are proposing ruins this nation each time it is implemented, … there would be no Republican Party. It’s all based on a lie…

No?

Prove it… Your history bets you can’t.