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Thread: Obama Team Eyes Employer Payroll Tax Break

  1. #51
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    Re: Obama Team Eyes Employer Payroll Tax Break

    This President, and his toadies in Cingress, lack the fundamental thought-process, and motivation, to form and implement the changes needed to turn this mess around.

    Obama massively expanded government and the nanny-state in his first two years. Taking a bad situation, and making it worse. Such as this tax break are to put the smallest of band-aids on a cancer. Obama cannot do what is needed. He is fundamentally opposed to everything that is needed.

    Everything will stay hunkered down, and in essance close to economic collapse, for so long as Obama is in office, and the direction of our leaders stays as it is.

  2. #52
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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by xpiher View Post
    He extended them 2years because the repubs were going to filibuster everything until he did it.
    he had sixty senators for a year

    he had 59 (and olympia snowe and susan collins and george voinovich) when this story was written:

    Dems won't pass budget in 2010

    he enjoyed a plurality of 78 in pelosi's place

    aside from obamacare, which this president pursued with an almost ahab-like obsession, barack the slasher hussein simply has no guts

    where's cap and trade?

    what happened to wtf, win the future?

    he doesn't even talk about green investment anymore

    he's dropped ipab from his stump

    he can't even run around on his auto rescue, not after wapo gave him 3 pinochios

    the truth is the party in power punted on this primary relationship between the taxpayer and the internal revenue service til mere days before new years

    and then he caved, bill clinton at his side, in LAME DUCK

    it is what it is, the slasher's record

    leadership, anyone?

    it's gonna be THREE YEARS since the party in power even proposed a blueprint on paper---in times like these

    if major reform is not instituted immediately to fundamentally restructure our budgets, then our big 3 social programs (as well as state pensions) will simply cease to exist in their current forms for our next generation

    hurry up, harry

    Dems lack budget leadership

    With narrow majority, Senate Democrats adopt minimalist agenda - The Washington Post

    Democrats grumble over Harry Reid's agenda - Manu Raju - POLITICO.com

    embarrassed yet?

  3. #53
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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by donsutherland1 View Post
    From Bloomberg.com:



    Obama Team Eyes Employer Payroll Tax Break - Bloomberg

    That the White House is considering another round of stimulus is not too surprising given the persistent high rate of unemployment that is threatening to bump up against the 2012 electoral calendar. IMO, this stimulus should not be adopted for a number of reasons:

    1. It would further exacerbate the nation's long-term imbalances, not just a short-term increase in the budget deficits, as it would increase the long-term unfunded liability associated with Social Security.

    2. It would undermine any credibility of any fiscal consolidation agreement that might be attached to an increase in the debt ceiling.

    3. In macroeconomic terms, it would have only a marginal to small impact. First, the multiplier with such stimulus is well below 1. That means every dollar of this form of stimulus would yield less than a dollar increase in the GDP. Second, hiring depends on expectations about sustained increases in macroeconomic demand that productivity/capital investment cannot accommodate, making it necessary for firms to expand payrolls (a recurring expenditure). Third, companies remain especially risk averse coming out of the financial crisis/recession. Hence, savings from the payroll tax reduction would far more likely be used to bolster cash than to lead to a dramatic increase in new hiring.
    With every piece of legislation Obama presents, he leans further and further to the right.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by The Prof View Post
    he had sixty senators for a year

    he had 59 (and olympia snowe and susan collins and george voinovich) when this story was written:

    Dems won't pass budget in 2010

    he enjoyed a plurality of 78 in pelosi's place

    aside from obamacare, which this president pursued with an almost ahab-like obsession, barack the slasher hussein simply has no guts

    where's cap and trade?

    what happened to wtf, win the future?

    he doesn't even talk about green investment anymore

    he's dropped ipab from his stump

    he can't even run around on his auto rescue, not after wapo gave him 3 pinochios

    the truth is the party in power punted on this primary relationship between the taxpayer and the internal revenue service til mere days before new years

    and then he caved, bill clinton at his side, in LAME DUCK

    it is what it is, the slasher's record

    leadership, anyone?

    it's gonna be THREE YEARS since the party in power even proposed a blueprint on paper---in times like these

    if major reform is not instituted immediately to fundamentally restructure our budgets, then our big 3 social programs (as well as state pensions) will simply cease to exist in their current forms for our next generation

    hurry up, harry

    Dems lack budget leadership

    With narrow majority, Senate Democrats adopt minimalist agenda - The Washington Post

    Democrats grumble over Harry Reid's agenda - Manu Raju - POLITICO.com

    embarrassed yet?
    He's also had republican filibustering and "No" votes on anything he did. You embarrassed yet?
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by Muddy Creek View Post
    He's also had republican filibustering and "No" votes on anything he did. You embarrassed yet?
    I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.

  6. #56
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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by apdst View Post
    I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.
    Everything he has gotten has been WHAT republicans wanted. Tax cut extensions for the rich, health care reform with NO public option but MANDATORY insurance were all proposed by the republicans in 1996; many of the SAME republicans in Congress now. We are STILL in Iraq, he started wars in Libya and Yemen, he has given the republicans the extensions of their policies they had since their control of Congress from 1994 through 2006.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by Muddy Creek View Post
    Everything he has gotten has been WHAT republicans wanted. Tax cut extensions for the rich, health care reform with NO public option but MANDATORY insurance were all proposed by the republicans in 1996; many of the SAME republicans in Congress now. We are STILL in Iraq, he started wars in Libya and Yemen, he has given the republicans the extensions of their policies they had since their control of Congress from 1994 through 2006.
    How many Republicans voted for O'Bamacare? Three?

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by apdst View Post
    I'm not embarrassed. In fact, I'm proud of them for fighting against O'Bama's destructive policies. Just imagine where we would be had he gotten everything he wanted.
    We'd have a constitutional fix to health care instead of the boondoggle we got. Its not ObamaCare, its CongressCare

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by apdst View Post
    How many Republicans voted for O'Bamacare? Three?
    What does that have to do with anything? The base of the republican party is the born again evangelicals who are racists, bigots and hate women. The republicans voted the way they did to keep their constituents in line with hating the black man. Fact remains, it is exactly what the republicans came up with in 1996 with their health care reform.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

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    Re: Obama Team Eyes Employer Payroll Tax Break

    Quote Originally Posted by xpiher View Post
    We'd have a constitutional fix to health care instead of the boondoggle we got. Its not ObamaCare, its CongressCare
    No, it is Obama and the Democrats Care. It is 100% Democrat formulated and owned. And what a giant cluster**** it is.
    Last edited by Eighty Deuce; 06-12-11 at 07:59 PM.

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