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Webster V. Reproductive Health Services
right now we have with this peter ferrara thereappeared a uh... it bigger his the senior phonecarlson center for public policy the bar c ccp
Webster V. Reproductive Health Services, the website wasn't that the acronym of the sovietunion no soviet reallocate
you only you have you have okay what it would okay sears cc p p yes okay i've got a typo and one oflooking at thank you peter for correcting that uh... he wrote a piece called carbonbird now this is in her vs uh... the pieces on a different page currently i don't have the peace
in my show notes uh... are becomingsequester alive yeah garry becoming specialists and iread that this morning and uh... you know i give us a summer init well i think the uh... well wanted todrop out of the sequester debate it backed up the democrats don't want to make anyspending cuts for me here you have just a one percent reduction in federalspending not from carlisle spending but from the increase so it just reducing federal spending by onepercent from the increased spoken
increase several percent at issue here and and either killing ifif you know the world and uh... so what that tells you is they're not going to greeted anyspending cuts uh... voluntarily or to trap him into itlike we did with risk wester and the second thing is not their economic policy which is uh... spending cuts or economy and taxincreases bill
senate was considering all what effect if any alternative websterthe democrats were pushing alternative collector that we increased the capital gainstaxes again approach or claro in march and it's a third a tax increase oncapital gain uh... which would make it support highercapital gains tax rate meter world uh... to go with the highest a corporate taxrate entire world acceptable social what orange thecameroon wishbone and just a few had no that'sout
uh... and so uh... that would be that'sa very uh... at their competitive edge but perhaps i don't know should cuttingspending can't go through the comedy it's pro-growth and raping taxes of course u_n_ johnmaynard keynes said it may get that economy anti-violence must qualify thatjohn maynard keynes and raising taxes on working people was bad for the aka i don't see how cutting uh... how raising taxes on mit romney inparis hilton on people who
ernment militancy on their boats fromthe pool waiting for the dividend checks to arrive is going to hurt the economy and i i ialso in your article you you said indeed the entire keynesian focus ondemand is miss conceived because demand is insatiable in can never be adequatelymarket economy opti i'm assuming you've read enoughcanes to understand the when he says to me and he's talking about money beingspent into an economy yeah cheryl are you liking that harvardwhere they actually what everyone enters a kane looking in economics
right so why would you say that's whywould you say and i'm linden soles of disputable document kink economics uh... it at the carnegie attacked thepact ron on spending more it right on up prettyincrease production not increased so the whole notion only ship if theremay have an adequate for any good or serve at the price simply the quietuntil supply opening and at the whole thing killing occurred only survived thedoctor because it took the five th what what this wanted to know what you canpriest-penitent increased well increased spending and that's all i think whatyou're describing is a good description
actually of the process of inflation if there is uh... commodity was which isessential commodity for example oil and suddenly there's less of thatcommodity as there was during the carter administration under annexadministration two times at the herbs cut us off then suddenly there's an increase indemand for that and the price goes up dementia says the price of because thesupplies not adequate so i'll give you that that that's agreat way to explain the mechanism of inflation
but i'll see what that has to do withand orderly economy the are you saying that this demand side stuff the reaganpeddled to us uh... that if billionaires build morefactories we will suddenly want to buy more goods that that's that that's howwe should be looking at the economy its production that it drives prosperityand growth at you can explain yourself which and soup that should be obvious and uh... it's filling it with oneanother one while while i thought i was out of thequestioning about which by tomorrow
should put the if you want to buywhatever celebration you know coverage people's in spent alot of money so prompt ghost and yourself which by the margielathis is the ability has had a great depression or character of the great depression itwould be uh... at the apt the uh... the uh... i won't work it outof the great depression so that was the largest government spending program inthe history the world he directed their spending their hero topromote economy soon you what got us out of the greatdepression anti-growth it anti-growth
because we did not cut spending duringworld war two we ran only increase and what you can actually you know thatreally appreciate that that could really got the final creek uh... fourteen i think that the personalfranklin roosevelt died so the depression paranoid or depression alongand not by me how all of that both the beat that being before recovers that never laughedat that long before was already cut they pursued there are arleigh burke well common onyx one battle afterdeposit bit
analysts ever should have gotten out ofclass and from over thirty percent answered tonight donovan mid-teens by nineteen thirty sixhundred it was really nice purified it when it ended in nineteen twenty nineat the end of the following your your advice now at thirty ninetwenty nine was the result of three years of supply-side economics for threeyears herbert hoover had been saying will just wait for the billionaires tobail us out and they just got worse and worse andworse can you give me an example of a timewhen supply-side economics and said okay
we're gonna cut taxes on the rich and this is going to produce a lastingprosperity anytime in the history america when it'sactually worked nineteen sixty dedicated and economyboom can actually raise taxes on the military disrupting the and pick it upwith more occasional telling the truth for thelast you know they tend to raise taxes on therich peter the the the the in fact i've i've heard conservatism brag about the fact that
that do you know at when jack kennedyand wasn't any by the way is lyndon johnson's after after kenny was assessedat city hall secretary patrick katie kirkpatrick board ninety onepercent break at the seventy percent weight but to remind you that it was it wasjohnson it it was the he's entertaining to have been asking for a break syria seventy percent rate and economy boomedand revenues went up and down and spin and kennedy made it very clearand bike
suggest you go back and listen to hisdebate with look with richard nixon in nineteen sixty are recorded all crimehere in like right okay where where he saw a crime it wasearly supply-side economics impact what it was not hit what with kennedy saidwas that he was going to close the loopholes that was going to generatemore revenue is going to drop the rate is nobody was paying that ninety-onepercent rate kennedy should know he was a rich guy nobody was paying that 'causethe thing was drilled full loopholes they close the loopholes drop three toseventy four percent and rich people ended up actually payingmore in taxes after nineteen sixty four
when lyndon johnson did that that uh...so-called tax cut it was actually tax increase on the very wealthy people paid more in taxes rich peoplepay more in taxes you know that actuate for everybody anycarpet operate from ninety one dash seventy there it's only four percent or quotingin the revenue source because the current luminita accidenthappen in a raid answer we created date twenty five-yeareconomic boom for mike and why did why did reagan reasons not
tax-free back up from the twenty twentyfive to twenty percent that he'd taken a downturn he didn't write that reagan did not read reagan left office it was twenty percent he took at the capitol kennedy percentwhen he entered office all way down twenty percent in the last minutefive-year economic persons recovering commercialism in world history nineteeneighty two ticket out the fat as of yet he wanted to do it you know i was there i remember these isthe largest stock market crash we had
since since nineteen twenty nine i waseighty six service savings and loan collapsed i remember the wrist that that the two reagan recessions uh... if you look at these an aggregateand during that decade g_d_p_ growth was not over three percent was just a littleunder three percent whereas the seventies the sixties in thefifties at all been over three percent i guess we remember a differently buti'm still baffled by footed the wiring collider so yes i was very much better and i thought firsthand
and that's not what you were seen as abubble what the bullet what the plan you were saying about thatwhen you cut the top tax rate below fifty percent in critical no you create benefit reproductive backto what happened greatest period of production walking more what the tradelikely he felt that there are prior lebanese the combined well you know i i would say thatdevelopment anytime anybody is running a ponzi scheme would say the same thinginvisible done cc repeat that
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