CT (1 of 6 all Dem states) passes GOP budget, Gov to veto

[GlobeSoc]

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The Dems budget would have raised taxes $1.8B, which perhaps would have been fine if they hadn't raised them $1.5B in '11 and $1.2 in '15 (running General Electric, Aetna, and Alexion out of state).  And they still have a $3.5B deficit.  Seems you really can't tax your way to prosperity....who knew?

It's possible, but difficult, both politically and policywise. A well organized SP could be beneficial to the economy even if taxes were raised to cover 90-110% of costs, as could well organized infrastructure spending. A reaganomic system is not the only way to revive an economy, just the only one that is politically feasible in the present alignment and the only one that think tanks bother making viable policy plans for(both will change, just as the political wheel of fortune turned to reaganism, it will turn away)

[GlobeSoc]

link

You must be logged in to read this quote.

The Dems budget would have raised taxes $1.8B, which perhaps would have been fine if they hadn't raised them $1.5B in '11 and $1.2 in '15 (running General Electric, Aetna, and Alexion out of state).  And they still have a $3.5B deficit.  Seems you really can't tax your way to prosperity....who knew?

It's possible, but difficult, both politically and policywise. A well organized SP could be beneficial to the economy even if taxes were raised to cover 90-110% of costs, as could well organized infrastructure spending. A reaganomic system is not the only way to revive an economy, just the only one that is politically feasible in the present alignment and the only one that think tanks bother making viable policy plans for(both will change, just as the political wheel of fortune turned to reaganism, it will turn away)

dead0man isn't exactly an advocate of Reaganomics.

I'm not too familiar with him, I just read what he wrote here and assumed that.