Lindsey Graham, comedian.....

[marmar]

from ThinkProgress:



Graham: Americans Economic ‘Uneasiness’ Stems From ‘Concerns’ About When Bush’s Tax Cuts Will Expire»

In an op-ed today in the Greenville News (SC) commemorating Tax Day, Sen. Lindsey Graham (R-SC) wrote that “South Carolinians encouraging me to find some way — any way — to make Tax Day less burdensome.” In order to relieve the burden, Graham argued that President Bush’s tax cuts should be made permanent.

Trying to bolster his case, Graham asserted — without any evidence — that the federal government “actually collected more in tax revenue” because of Bush’s tax cuts. But then he made a slightly more jaw-dropping claim: Americans’ “uneasiness” about the economy is perhaps due to their fear that Bush’s tax cuts will expire:

(Tax cuts were) the right medicine for an ailing economy and the results were clear. By lowering taxes, the federal government spurred economic development and actually collected more in tax revenue. (…)

I believe some of the uneasiness taxpayers feel today about the economy is driven by concerns they are going to be hit with huge tax increases when the tax cuts expire.

Is fear that Bush’s tax cuts will expire causing Americans to sour on the economy? Perhaps. But maybe American negative attitudes toward the economy stem from the housing and credit crises, job losses, rising unemployment, a volatile stock market, high gas prices, high family debt, flat wages, increasing budget deficits, a weak dollar, and rising health care costs — not to mention the effects of the $12 billion per month war in Iraq that is being bankrolled largely on borrowed funds.

But more than that, economists — including the current Treasury Secretary and Federal Reserve Chairman, members of Bush’s Council on Economic Advisers (CEA) and Sen. John McCain’s (R-AZ) own economic adviser — disagree with Graham’s assertion that tax cuts boost revenue:

– Treasury Secretary Henry M. Paulson: “As a general rule, I don’t believe that tax cuts pay for themselves.”

– Federal Reserve chairman Ben Bernanke: Tax cuts only “partially offset the losses in revenues.”

– McCain economic adviser Douglas Holtz-Eakin: Asked if tax cuts generate “enough additional revenue to pay for themselves? ‘No,’ said Douglas Holtz-Eakin.”

– Edward P. Lazear, current chairman of Bush’s CEA: “I certainly would not claim that tax cuts pay for themselves.”

Indeed, Graham has a fairly solid history of making absurd claims, most recently saying that McCain has done “even more” than former Vice President Al Gore on global warming.


http://thinkprogress.org/2008/04/15/graham-tax-cuts/

[Submariner]

1. Yeah....I wake up screaming into the night "make my tax cuts permanent"

Yeah......that's what I do....yeah...that's the ticket. :eyes:

[Faygo Kid]

2. He's McCain's right butt cheek. Lieberman is the other.

Although there's nothing "left" of Joe now.

New Jersey vote should be ashamed.

[MiniMe]

6. Does that make McSame the a$$hole in the middle?

[SalmonChantedEvening]

3. This is the kind of Stupid that should scare the World

Let alone America.

Jaw dropping in it's audacity and lack of factual basis.

In other words, Lindsey Graham on any given day.

Thanks for this marmar! :hi: :pals: :hug:

[marmar]

4. You're most welcome, SalmonChantedEvening....

.... And thanks for thanking me for a post about the utterly useless Lindsey Graham. (You should be cursing me! :) )

[SalmonChantedEvening]

5. lol

You and Useless Posts should never appear in the same sentence, my good fellow. :hug:

[PetrusMonsFormicarum]

7. Graham=Epic Turd

I suppose he thinks that by saying it, it's true.

South Carolinians specifically, and all of us who've had jobs outsourced from under us in general, should always remember Graham's foot-in-mouth from last year's trip to Iraq. Graham, McCain, et al. toured a marketplace (surrounded by Blackwater thugs and wearing full body armor) in Baghdad. During the press conference where McCain said it felt "as safe as home", Graham piped in "I bought four rugs for 5 bucks!"

This from a political jackass who has presided over the outsourcing death of the SC textile industry.

Lindsey Graham is nothing more than a mush-mouthed Epic Turd.