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derekkerton's profile
Derek Kerton
Derek Kerton
Derek Kerton
@derekkerton

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Derek Kerton

@derekkerton

Democracy, empathy, gratitude, learning & growth Anti-racism Pro-Biz via a strong society Chairman, Autotech Council Founder & Chairman of Telecom Council SV

Silicon Valley
kertongroup.com
Joined April 2009

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    1. Jim Tankersley‏Verified account @jimtankersley 15 Oct 2018

      You may recall that many Republicans said their tax cuts would "pay for themselves" through increased growth/revenues. In the first nine months, they are not -- by any measure.https://www.nytimes.com/2018/10/15/us/politics/federal-deficit-2018-trump-tax-cuts.html …

      274 replies 3,859 retweets 5,485 likes
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      Derek Kerton‏ @derekkerton 15 Oct 2018
      Replying to @jimtankersley @mmasnick

      I'll never understand how Rs can believe this Laffer Curve bullshit that consistently fails in the real world, yet are sceptical about global warming, despite an abundance of supporting evidence.

      10:02 PM - 15 Oct 2018
      • 28 Retweets
      • 149 Likes
      • Chicncheeky Hundley Fan GirlontheLeft Laura jorgeviola Nacho - Team Moderna Lion4life Janet Nogle Mark Difford
      16 replies 28 retweets 149 likes
        1. Capt Mak, retired 🌊 🌊 🌊‏ @captmakret 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          But they believe Hillary was running a sex ring in a basement of a pizzeria that didn’t even have a basement.

          0 replies 0 retweets 4 likes
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        1. John Thurow‏ @ThurowJohn 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          Truthiness. Believe what your gut tells you, not what the facts do. (credit to The Cobert Report)

          0 replies 0 retweets 8 likes
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        2. dustbusterz 🆘‏ @dustbusterz 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          They Don't really believe in that. That is just a ploy to get the base to go along with the cuts. Drive the debt through the roof, Dems take back control, they push the blame for out of control debt on Dems, Dems have little wiggle room, rinse, repeat.

          5 replies 7 retweets 88 likes
        3. Derek Kerton‏ @derekkerton 16 Oct 2018
          Replying to @dustbusterz @jimtankersley @mmasnick

          I think, historically, you were right (that they know when they're lying.) But I think THAT GOP ended around the turn of the century. I think the Tea Baggers & the current crop of GOP actually believe their own tribal BS as they recycle it through Fox.

          2 replies 5 retweets 47 likes
        4. Show replies
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        2. Atlas the Titan‏ @atlas_thetitan 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          Some version of the Laffer Curve is real (e.g., at 100% tax rates, you will have zero or close to zero economic output), but it is hard to tell where you are on the curve at any time.

          1 reply 0 retweets 0 likes
        3. Derek Kerton‏ @derekkerton 16 Oct 2018
          Replying to @atlas_thetitan @jimtankersley @mmasnick

          Yeah, but the curve itself is just the expression of an idea (or theory) from Laffer. Freehanded into a chart! It's not data-based and mapped out from empirical evidence. I mean, my hypothetical chart below, "The Chuckler Curve" could also be true.pic.twitter.com/B9QkIzBHv9

          1 reply 0 retweets 0 likes
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        2. Geoff Jordan‏ @GeoffJordan5 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          In the real world, at least here in American, it has worked no less than three times...Once each under JFK, Reagan and now Trump. Federal tax receipts grew in each instance...and all the screeching from economic illiterates liberals won't change that.

          1 reply 0 retweets 0 likes
        3. Derek Kerton‏ @derekkerton 16 Oct 2018
          Replying to @GeoffJordan5 @jimtankersley @mmasnick

          Um. How do you define "it has worked"? For example, under Trump. What do you think our deficit is doing right now?

          1 reply 0 retweets 1 like
        4. Show replies
        1. Bryan. I refuse to bow to Leftists.‏ @BThomas3333 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          Please explain how the Laffer Curve is wrong. I could use a good laugh this morning. And I’ll be impressed if you can coherently explain what the Laffer Curve even is.

          0 replies 0 retweets 0 likes
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        1. TeenyGozer  🇺🇸‏ @Teenygozer 16 Oct 2018
          Replying to @derekkerton @jimtankersley @mmasnick

          Both of these things line their pockets with money and increases their power, so of course they "believe" in them or are "skeptical" as needed.

          0 replies 0 retweets 0 likes
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