DNC's "Your Republican Uncle" advanced an argument titled: "Economy: 7.
8 Million Reasons why your Republican Uncle is Wrong.
" Their first "myth" is the republican argument that President Obama made the deficit larger.
What are republicans actually arguing? Republicans argue that the national debt went up under President Obama.
Nowhere does the "Your Republican Uncle" site try to prove that actual argument wrong.
Actual data shows that the debt continued to go up after President Obama became president.
In fact, we accumulated more debt during President Obama's first term than we did during both of President Bush's terms.
Another tactic, that democrats use, is the "rate of increase" argument.
Many argue that the "rate of deficit increase" was lower under President Obama than under President Bush.
Here's a simple way to explain why this is different from the actual argument.
Let's say that you have the numbers 5, 6, 7, 8, 20, 20.
1, 20.
2, and 20.
3.
The jump from "8" to "20" represents a high rate of increase.
The rate increase from "20" to "20.
1" would be a smaller rate of increase than going from "8" to "20.
" However; the fact remains that "20," and the numbers fallowing it, are greater than the first four numbers in the above series.
We still accumulated more debt under President Obama's first term than we did under both of President Bush's terms.
President Obama's first unemployment numbers were comparable to the unemployment numbers at the beginning of the Great Depression.
For their second myth, they poke at the republican argument about the non existent jobs that President Obama promised.
DNC's, "Your Republican Uncle" website argues that the private sector had shown job growth over 44 consecutive months...
totaling 7.
8 million jobs.
Republicans argue that Obama first claimed that he'd get unemployment down below 8% in the near term.
Unemployment jumped up to 10% in the near term, and stayed above 8% until 2012.
That 8% to 10% range unemployment was comparable to something seen the first full years of the Great Depression.
The Republicans also argued that President Obama promised that the unemployment rate would be at 5.
6% by the end of his first term.
Unemployment stayed well above that.
As of October 2013, the unemployment rate stood at 7.
3%.
There was a better rate before that; it was 7.
2% from September 2013.
As of this writing, the lowest labor force participation rates, since 1979, happened in 2013.
Most of the recent job creation was in part time jobs category.
When the republicans ask for the jobs that President Obama promised, they're asking for the full time jobs that President Obama implied.
The rich/super rich, and businesses/corporations happen to be a large part of the economic engine.
DNC's "Your Republican Uncle" website's next myth simplifies a republican argument with regards to raising taxes.
What are the republicans actually arguing? They argue that the president, and the democrats, wanted to raise taxes on the economic engine.
Republicans are aware of the president's argument that "the rich" should pay more taxes.
The rich happen to be major players in the economic engine.
The republicans understand that the rich and super rich contribute the bulk of federal taxes collected.
They also understand that the rich and super rich contribute the bulk of consumer spending.
If you want true economic growth, where the majority prospers, move out of the economic engine's way.
Tax cuts for the middle class, but not for the rich/super rich, won't do much to get the economy to where it should be.
Many of the rich and super rich happen to also be business and corporation owners.
They also happen to be the people in leadership positions in these businesses and corporations.
DNC's "Your Republican Uncle" website advances an argument that Paul Ryan's tax plan would call for a tax increase on the middle class.
Paul Ryan, and most of the republicans, argue for tax cuts for all tax payers, not just the rich and super rich.
Tax cut incentives aren't the same thing as increased taxes on businesses.
For another myth, DNC's "Your Republican Uncle" website claims that republicans argue about President Obama's new taxes "making life impossible" for small businesses.
What are republicans actually arguing? They argue that a combination of increased regulations, and increased taxes, are having a negative impact on the economic engine.
Those small businesses eligible for those tax cut incentives? They're playing a large role in creating part time jobs...
and reducing employee numbers or hours...
to compensate for many of the negative impacts of many of President Obama's initiatives.
DNC's, "Your Republican Uncle" website doesn't factor in the fact that business owners have to consider many variables.
These are variables that affect their businesses.
Tax cuts reduce expenses in one area.
But, if laws and regulations increase the costs in other areas, those tax cuts are negated.
Also, many of these "tax cuts" are tied into businesses hiring certain groups of people...
or other minor required action.
This doesn't eliminate other regular taxes that they'd otherwise have to pay.
If the costs, of hiring those people, outweigh the benefits, those "special tax cuts" won't be of any use.
Business owners, and corporate CEOs, are motivated more by continuous long term profits.
"Cutting costs" factor into their decisions.
Republican tax plans favor all income groups, and makes it easier for people to succeed if they work for it.
Paul Ryan's plan, reducing taxes across the board, would actually lead to increased jobs.
If you take less of the rich/super rich's money, they'll have more money to invest into the economy.
They have to trust the economic environment enough to feel that they could get back more than what they invested.
Paul Ryan, and other republican economic plans, gives them that environment.
What's good for the rich and super rich's pocket books is good for the regular person's job outlook.
His tax reform suggestion would simplify the tax code, and make it easier for more people to start and maintain businesses.
It puts "common sense" into the tax policies, and benefits all income groups.
More people would be motivated to succeed under this plan.
The cold hard reality is that jobs exist to help a business/corporation earn more money for their owners.
When President Kennedy, President Reagan, and President Bush successfully got tax cuts implemented, both jobs and tax collections increased.
8 Million Reasons why your Republican Uncle is Wrong.
" Their first "myth" is the republican argument that President Obama made the deficit larger.
What are republicans actually arguing? Republicans argue that the national debt went up under President Obama.
Nowhere does the "Your Republican Uncle" site try to prove that actual argument wrong.
Actual data shows that the debt continued to go up after President Obama became president.
In fact, we accumulated more debt during President Obama's first term than we did during both of President Bush's terms.
Another tactic, that democrats use, is the "rate of increase" argument.
Many argue that the "rate of deficit increase" was lower under President Obama than under President Bush.
Here's a simple way to explain why this is different from the actual argument.
Let's say that you have the numbers 5, 6, 7, 8, 20, 20.
1, 20.
2, and 20.
3.
The jump from "8" to "20" represents a high rate of increase.
The rate increase from "20" to "20.
1" would be a smaller rate of increase than going from "8" to "20.
" However; the fact remains that "20," and the numbers fallowing it, are greater than the first four numbers in the above series.
We still accumulated more debt under President Obama's first term than we did under both of President Bush's terms.
President Obama's first unemployment numbers were comparable to the unemployment numbers at the beginning of the Great Depression.
For their second myth, they poke at the republican argument about the non existent jobs that President Obama promised.
DNC's, "Your Republican Uncle" website argues that the private sector had shown job growth over 44 consecutive months...
totaling 7.
8 million jobs.
Republicans argue that Obama first claimed that he'd get unemployment down below 8% in the near term.
Unemployment jumped up to 10% in the near term, and stayed above 8% until 2012.
That 8% to 10% range unemployment was comparable to something seen the first full years of the Great Depression.
The Republicans also argued that President Obama promised that the unemployment rate would be at 5.
6% by the end of his first term.
Unemployment stayed well above that.
As of October 2013, the unemployment rate stood at 7.
3%.
There was a better rate before that; it was 7.
2% from September 2013.
As of this writing, the lowest labor force participation rates, since 1979, happened in 2013.
Most of the recent job creation was in part time jobs category.
When the republicans ask for the jobs that President Obama promised, they're asking for the full time jobs that President Obama implied.
The rich/super rich, and businesses/corporations happen to be a large part of the economic engine.
DNC's "Your Republican Uncle" website's next myth simplifies a republican argument with regards to raising taxes.
What are the republicans actually arguing? They argue that the president, and the democrats, wanted to raise taxes on the economic engine.
Republicans are aware of the president's argument that "the rich" should pay more taxes.
The rich happen to be major players in the economic engine.
The republicans understand that the rich and super rich contribute the bulk of federal taxes collected.
They also understand that the rich and super rich contribute the bulk of consumer spending.
If you want true economic growth, where the majority prospers, move out of the economic engine's way.
Tax cuts for the middle class, but not for the rich/super rich, won't do much to get the economy to where it should be.
Many of the rich and super rich happen to also be business and corporation owners.
They also happen to be the people in leadership positions in these businesses and corporations.
DNC's "Your Republican Uncle" website advances an argument that Paul Ryan's tax plan would call for a tax increase on the middle class.
Paul Ryan, and most of the republicans, argue for tax cuts for all tax payers, not just the rich and super rich.
Tax cut incentives aren't the same thing as increased taxes on businesses.
For another myth, DNC's "Your Republican Uncle" website claims that republicans argue about President Obama's new taxes "making life impossible" for small businesses.
What are republicans actually arguing? They argue that a combination of increased regulations, and increased taxes, are having a negative impact on the economic engine.
Those small businesses eligible for those tax cut incentives? They're playing a large role in creating part time jobs...
and reducing employee numbers or hours...
to compensate for many of the negative impacts of many of President Obama's initiatives.
DNC's, "Your Republican Uncle" website doesn't factor in the fact that business owners have to consider many variables.
These are variables that affect their businesses.
Tax cuts reduce expenses in one area.
But, if laws and regulations increase the costs in other areas, those tax cuts are negated.
Also, many of these "tax cuts" are tied into businesses hiring certain groups of people...
or other minor required action.
This doesn't eliminate other regular taxes that they'd otherwise have to pay.
If the costs, of hiring those people, outweigh the benefits, those "special tax cuts" won't be of any use.
Business owners, and corporate CEOs, are motivated more by continuous long term profits.
"Cutting costs" factor into their decisions.
Republican tax plans favor all income groups, and makes it easier for people to succeed if they work for it.
Paul Ryan's plan, reducing taxes across the board, would actually lead to increased jobs.
If you take less of the rich/super rich's money, they'll have more money to invest into the economy.
They have to trust the economic environment enough to feel that they could get back more than what they invested.
Paul Ryan, and other republican economic plans, gives them that environment.
What's good for the rich and super rich's pocket books is good for the regular person's job outlook.
His tax reform suggestion would simplify the tax code, and make it easier for more people to start and maintain businesses.
It puts "common sense" into the tax policies, and benefits all income groups.
More people would be motivated to succeed under this plan.
The cold hard reality is that jobs exist to help a business/corporation earn more money for their owners.
When President Kennedy, President Reagan, and President Bush successfully got tax cuts implemented, both jobs and tax collections increased.
Source...