@Final-Fan
This has become tiresome.
Yr / inflation adj chg in debt / wh / s / h of r / attributed to R’s / attributed to D’s
30>9>RRR> 9 >0 | 60>>2>RDD>>> 1 > 1 | 90>-353>RDD> -118> -235
31>-7>RRR> -7>0 | 61>-23>RDD> -8> -15 | 91>-412>RDD> -137> -275
32>-41>RRR> -41>0 | 62>-49>DDD>0> -49 | 92>-432>RDD> -144> -288
33>-42>RRR> -42>0 | 63>-33>DDD>0> -33 | 93>-368>RDD> -123> -245
34>-56>DDD>0> -56 | 64>-40>DDD>0> -40 | 94>-285>DDD>0> -285
35>>-43>DDD>0> -43 | 65>-9>DDD>0> -9 | 95>-224>DDD>0> -224
36>>-65>DDD>0> -65 | 66>-24>DDD>0> -24 | 96>-143>DRR> -95> -48
37>>-32>DDD>0> -32 | 67>-54>DDD>0> -54 | 97>-28>DRR> -19> -9
38>>-1>DDD>>>0> -1 | 68>-162>DDD>0> -162 | 98>88>DRR> 59 > 29
39>>-42>DDD>>0> -42 | 69>>18>DDD>0> 18 | 99>157>DRR> 105 > 52
40>-43>DDD>>0> -43 | 70>-15>RDD> -5> -10 | 00>286>DRR> 191 > 95
41>>-70>DDD>>0>-70 | 71>-118>RDD>-39> -79 | 01>151>DRR>101>50
42>-262>DDD>0> -262 | 72>-117>RDD>-39>-78 | 02>-182>RDR>-121>-61
43>-658>DDD>0> -658 | 73>-70>RDD>-23> -47 | 03>-428>RDR>-285>-143
44>-564>DDD>0> -564 | 74>-26>RDD>-9> -17 | 04>-456>RRR> -456>0
45>-551>DDD>0> -551 | 75>-206>RDD>-69>-137 | 05>-340>RRR> -340>0
46>-170>DDD>>0> -170 | 76>-270>RDD>-90>-180 | 06>-257>RRR>-257>0
47>37>DDD>0> 37 | 77>-185>RDD> -62> -123 | 07>-163>RRR> -163>0
48>102>DRR>>>68>34 | 78>-189>DDD>>>0> -189
49>>>5>DRR>>>>>3>2 | 79>-117>DDD>>>0> -117
50>>-27>DDD>>>0>-27 | 80>-187>DDD>>>0> -187
51>>49>DDD>>>>0> 49 | 81>-281>DDD>>>0> -281
52>>-12>DDD>>>0>-12 | 82>-276>RRD> -184> -92
53>>-51>DDD>>>0>-51 | 83>-435>RRD> -290> -145
54>>-10>RRR>>>-10>0 | 84>-372>RRD> -248> -124
55>>-23>RRR>>>-23>0 | 85>-411>RRD> -274> -137
56>>30>RDD>> 10 > 20 | 86>-420>RRD> -280> -140
57>>25>RDD>>> 8 > 17 | 87>-275>RRD> -183> -92
58>>-20>RDD>>-7> -13 | 88>-274>RDD> -91> -183
59>>-91>RDD>-30> -61 | 89>-256>RDD> -85> -171
Your assumptions: Distribute 1/3 of inflation adj change in debt to each party in control of White House, Senate and House of Rep. Total debt chg attributed to R’s is 3.8T; to D’s 7.0T. Avg for R’s is -84B (3.8 / 46 events); avg for D’s is -104 (7.0 / 68 events). If you apply the population avg for the WWII years it shifts to a tie. Not sure what more you want done. If this is not the methodology as you intended then I have absolutely no idea what it is you are trying to do.
But it really doesn’t matter. I wanted to demonstrate was how your White House to debt correlation was misleading. If not intellectually dishonest, then certainly intellectually lazy. I suppose you turning yourself into a pretzel trying to prove your correlation by another means (the above) is sort of an indirect acknowledgement that your original reasoning was flawed. I’d prefer a more direct admission next time.
Reagan launched a massive arms buildup that played a critical factor in ending the Cold War. The declassified statements of the Soviet government leave little to dispute there. Yes, it cost a pretty penny, but the peace dividend recouped in the 90’s probably made it worth it, eh?
Look, it’s your correlation. Do with it what you want. I think the whole mess is bunk either way. When I draw attention to the itty bitty role that Congress plays in creating spending bills and levying taxes, it is to reveal your original corollary is not as obvious as you would have others think. This has gone on much too long. Let it die.
To be unconvinced of something infers that you examined the evidence and found it lacking. To be wholly unconvinced of something suggests that a more exhaustive study occurred, but still did not persuade. For you to be wholly unconvinced of something you have not investigated is either a contradiction or arrogance.
OK, so you would have advocated a tax increase during an economic slump. Well, I’ll give you points for originality. I don’t know that there are many times when tax increases are advocated during economic troughs. But you skirted the more relevant points. Your own sources acknowledged the tax cuts contributed to economic growth (wasn’t that something you were wholly unconvinced of, too?); though you would have gladly foregone it in the name of debt reduction (some might ask, could you pick a better time?) And how is it that you lay the blame for reduced revenues to the government in 01-03 on the 2001 tax cut when it was phased in over 10 years (later accelerated by the 2003 legislation)? And with tax revenues back at historical rate vs. GDP by 05/06 and the economy remarkably buoyant despite a multitude of impediments you lament tax policy? I’ve said it once, and I will say it again, focus on cutting entitlements.
I asked you how burdened you were by the debt taken on by your grandparents during WWII. Rather than answering the question you responded that those deficits were acceptable (don’t disagree). And that would have been a perfectly good answer if it were at all relevant. You see, whether the debt level (109% of GDP at the time) came about by worthy means or not it was still debt. Does it really change the impact on future generations if the debt is incurred freeing the world of fascism or if it is blown building the tower of Babel? I am curious because I know how worried you are about current debt levels.
Of course social security would still be a problem without deficits. An ever growing pension liability set to outpace GDP growth dumped on future generations. Yeah, that’s bad. The bigger problem will be Medicare/Medicaid. If you are worried about saddling future generations with massive obligations, go after the entitlement programs. But you can’t and that’s where we get to the heart of the problem (I knew we’d get here eventually). You can’t name a major program you would severely cut (except the perennial airline bailout. totally agree. survival of the fittest), but would instead promote even greater government involvement in these systems. You need not be an expert on all of the bureaucracy. No one is asking you to produce a 3,000 page policy paper (seriously, don’t). The existing entitlement programs are already unviable, yet you would entrust the government with even greater involvement? That, my friend, is what will crush future generations. Even if the budget is “balanced”, you have just signed them up to a crushing tax liability. Or are we to believe it will be different this time around?
Umm. As far as missing some of your posts, I’m tackling about five at a time. Give me a break.
Yes, I have been critical of you and not just your ideas. The little diatribe I posted earlier goes into my motivation. While I would like to be contrite about it all, I have little patience for someone so pompous and flippant. Sometimes a little humility is in order. Maybe it's a taste of your own medicine? Or maybe I really am being too hard on you. After all, I haven’t seen any Wario/Kirby pictures lately.