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Thread: Boehner abandons goal of $4 trillion debt-reduction package

  1. #101
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by j-mac View Post
    Make him cut it first, I'll believe it when I see it from him.

    j-mac
    No you won't, you'll just credit it to the Republicans, even though he publicly endorsed the idea.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Swizz View Post
    No you won't, you'll just credit it to the Republicans, even though he publicly endorsed the idea.

    so let's see him do it...I don't believe a word that comes from this liar's mouth.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    if obama wanted entitlement reform we'd have it

    see obama's 2012 budget published in february

    see kent conrad's plan, put forth in a phone call last week to wapo

    no, the white house is the last holdout against reform, ask governors cuomo and brown and omalley and malone, ask the state legislatures of massachusetts, new jersey and illinois, ask the city managers of detroit...

    the dithering admin in dc, however, is coming around, bullied by reality

    where will we be in a week?

    and, more important, where will medicare be ten years from now if something isn't done imminently to save it?
    Last edited by The Prof; 07-11-11 at 04:13 PM.

  4. #104
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by BDBoop View Post
    What happens if they revolt? What are they going to do? Hold their breath? Have a tantrum?



    Cheerleading the continued destruction of this once great land for your side is sad. 4 trillion in spending cuts would have helped this nation.....
    Let evil swiftly befall those who have wrongly condemned us

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Objective Voice View Post
    I'm not even trying to go there with you. Welfare reform isn't the topic of discussion.
    Dont try to shove child poverty statistics at Reagan like they are his fault when divorce is the single leading indicator in childhood poverty. Dont make bad arguments.

  6. #106
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by OpportunityCost View Post
    Dont try to shove child poverty statistics at Reagan like they are his fault when divorce is the single leading indicator in childhood poverty. Dont make bad arguments.
    It wasn't a bad argument at all. Money (the mismanagement OR the lack thereof) remains one of the leading causes of divorce in this country, second only to infidelity. When couples are constantly arguing over money, their marriage is bound to fail. It happens with rich couples just as it does poor couples. The only difference between the two is atleast the rich can mitigate their financial woes in a divorce with pre-nums and their kidos get to atleast keep their trust fund and the Lexis.

    But I digress...

    I will no longer address welfare related issues nor Reagan's economic/tax policies with you or anyone else in this thread. If you wish to discuss either, start a new thread on the subjects.

    Back to the issue of the debt ceiling...

    I posted a link to a NYTimes article discussing the 5 Myths on the debt ceiling. However, that article didn't outline the consequences for everyday Americans if the debt ceiling isn't raised. But this white paper by Thirdway.org explains the very real, very potential consequences of doing nothing or delaying for even one 24-hour period (which incidentally also mirrors the warning given under myth #3). I think everyone should read this paper to get a real, no-politics understand of what's at stake.
    Last edited by Objective Voice; 07-11-11 at 05:18 PM.

  7. #107
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by finebead View Post
    Yes I do have an idea what these "tax loopholes" are, and the article calls them "tax loopholes", contrary to your asserstion that there are NO TAX LOOPHOLES, there are, and there have been since I've been alive, almost 60 years, and I am sure there were tax loopholes before that.
    Yes, tax loopholes exist.
    No, despite what the article says, the tax expenditures under fire are not "loopholes" they're just run-of-the-mill tax credits like your home mortgage interest deduction.

    Quote Originally Posted by finebead View Post
    Maybe you'd like to explain why we should borrow money, increase the debt of the nation, and devalue the dollar to give the money to the oil companies that are making billions in profit every quarter. I don't know of ONE oil company that is losing money. They don't need a tax break, period.
    I say put your money where your mouth is and demand that *all* corporate tax expenditures end. It's a natural and necessary step to take if Obama is serious about his goal of a "revenue-neutral corporate rate reduction."

    Instead, they choose to single out two industries - oil and private jets - not because it makes good economic sense, but because it makes political sense. The *ONLY* reason they're offering these up is to paint the picture they want to paint of Republicans.

  8. #108
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Deuce View Post
    That's because you haven't been bought by said wealthiest Americans and special interests. If they were funding your campaign, you'd see how it's a good thing!
    I actually meant, how was it a good thing for the American people, but of course you are absolutely right about why the GOP is abandoning their deficit reduction efforts. It will be good for them politically and to hell with what's good for the country.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by cpwill View Post
    "A significant faction of the tea party movement is prepared to revolt against any GOP deal to raise the debt ceiling
    Sure, but what are they going to do, vote for a Democrat?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  10. #110
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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    a no politics understanding of what's at stake:

    In 2006, Mr. Obama struck a high moral tone in opposing legislation to raise the debt ceiling. “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said. “It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
    link above, jake tapper

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