And the numbers alltel the exact same story yet coolidge in 1924, kennedy tax cuts carried out in 1964, reagan 86 and bush in 2001 in the case of president kennedy s tax cuts, gdp went to 6 for two straight years after the tax cuts. Reagan went from 3. 5 to 4. 2 a year after the tax cuts, president bush inherited a 1 gdp and went to 3. 8 and in every case, treasury revenue increased. Im not sure how else to explain it except simple math and historical precedent which tells the exact same story if you do tax cuts right the economy gets better and treasury revenue increases. Dagen gary b. , we will never claw our way out of these deficits unless we get this economy growing faster than it has been for literally the last decade. We do that through tax cuts. Gary exactly, and the reason that works and john made excellent points and did wonderful research, the reason that works is youre taking money from an in efficient spend er of it, the government, and giving it back to people who spend i
And the numbers alltel the exact same story yet coolidge in 1924, kennedy tax cuts carried out in 1964, reagan 86 and bush in 2001 in the case of president kennedy s tax cuts, gdp went to 6 for two straight years after the tax cuts. Reagan went from 3. 5 to 4. 2 a year after the tax cuts, president bush inherited a 1 gdp and went to 3. 8 and in every case, treasury revenue increased. Im not sure how else to explain it except simple math and historical precedent which tells the exact same story if you do tax cuts right the economy gets better and treasury revenue increases. Dagen gary b. , we will never claw our way out of these deficits unless we get this economy growing faster than it has been for literally the last decade. We do that through tax cuts. Gary exactly, and the reason that works and john made excellent points and did wonderful research, the reason that works is youre taking money from an in efficient spend er of it, the government, and giving it back to people who spend i
Will be our first snowfall of the season for tomorrow here in dc. But youre right. Its already been snowing. Since mid afternoon across parts of the delmarva including Southern Maryland its snowing now in Southern Maryland, this will be the case into early tomorrow morning, probably not arriving in the dc metro until after midnight, so friday night plans is find but youll be waking up to snowfalling saturday morning, it makes it a liquid less panicky. Can accumulations about two to four inch, the further south and east you go, mixing will be an issue, but for the sweet spot some maryland, four to six locally maybe more, snow will come to a close by mid afternoon tomorrow. Local radar showing where the purple where the snow is falling, theres a very sharp cutoff line south and east of fredericksburg. Put when you get to and east. Its snowing parts of our area will it will take awhile for the snow to reach us late tonight into early saturday morning. Snowfall also as we go through tomorr
Without doing anything at all. Is that the real worry hi everybody im dagen mcdowell, this is bulls bears. The bulls and baser this week gary b. Smith, jonas max ferris, John Layfield and chuck rocha. Welcome to everybody. Gary b. , are these democrats worrying about the wrong thing . Well theyre worried about 1. 5 trillion to the deficit which i disagree with but here is the problem. The debt is forecasted to be over the next few years 88 trillion. Its inescapable and here is why 0. 92 of every dollar the government takes in they spend on entitlement programs, Social Security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years Social Security 62 medicare 73 medicaid 45 , dagen . The problem is not tax cuts. Its not tax revenues. The problem that we have this Big Entitlement Program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local
Is that the real worry hi everybody im dagen mcdowell, this is bulls bears. The bulls and baser this week gary b. Smith, jonas max ferris, John Layfield and chuck rocha. Welcome to everybody. Gary b. , are these democrats worrying about the wrong thing . Well theyre worried about 1. 5 trillion to the deficit which i disagree with but here is the problem. The debt is forecasted to be over the next few years 88 trillion. Its inescapable and here is why 0. 92 of every dollar the government takes in they spend on entitlement programs, Social Security medicare and medicaid plus interest, do you know what those are forecast to increase over the next few years Social Security 62 medicare 73 medicaid 45 , dagen . The problem is not tax cuts. Its not tax revenues. The problem that we have this Big Entitlement Program moving through, increasing increasing over the next 10 years, if you include state and local spending , the government total federal state and local will spend half of everything w