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Thread: Obama: No Deal Without Tax Hikes

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by cpwill View Post
    Obama: No Deal Without Tax Hikes
    That's perfectly fine, Mr. President, then we don't have a deal.

    /thread
    /topic
    /congressional season
    /election
    /Democrat party

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    What is the end game here? Continue to raise the debt ceiling, continue to tax "the rich" dispraportionatley, for what end?


    I think I read somewhere if you taxed "the rich" 100% you would have 11 days.... that's it....


    I think most of this is class envy and desire to get something folks do not deserve.

    Cut the spending. you want to open the wound further to stop the bleeding, someday, enough is enough, today is that day.
    The end game is making the rich pay their fair share. I think most of the class warfare is a greedy desire for the rich to control everything.

    Increase taxes on the rich to stop the bleeding. Enough is enough
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Guy Incognito View Post
    I believe Catawba wants to raise taxes on the rich, not the successful. Success in life has nothing to do with money.
    That's quite true.

    So why, instead of saying "Tax The Rich!", doesn't Barrack Obama say that the American people can enjoy their lives with less money? That they should mind their own business and get on with their lives rather than constantly asking others to give them more?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    In this regard, I am not blessed at all.
    I was talking about a being blessed in a different regard.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    so in otherwords, Obama is the "party of no"..... thanks for the irony lesson and the concession, chief.
    Wrong, Rev...er...I mean ReverendHellh0und.....it is pretty clear, at least to most of the American people who the "party of No" is.....and the GOP provides further evidence of it every day.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Boo Radley View Post
    You're misreading. There is plenty of evidence of the damages of smoking, something you do not have with taxes and the economy.
    No YOU'RE misreading. Saying there is no evidence of a negative influence of taxes on the economy -- especially using your reasoning -- is burying your head in the sand, not unlike those who could see no evidence that smoking was a health risk.

    Fortunately, the vast majority of economists disagree with you. Even Obama disagrees with you.

    From today's New York Times:
    Industrialized nations have almost always adopted a combination of [tax increases and spending cuts] to cut debt, according to an International Monetary Fund survey last year. The fund, which examined 30 instances dating to the 1980s, found that nations on average closed half the gap with tax increases and half with spending cuts.

    Both approaches cause immediate economic pain, but the dominant school of economic theory predicts that tax increases should be somewhat less painful to the nationís economy. A $100 spending cut reduces economic activity by $100, while an equivalent tax hike will be paid partly from savings, so that spending is reduced by a smaller amount.

    Recent studies, however, have found the opposite: Countries that rely primarily on spending cuts tend to experience less economic pain in the short term. Moreover, in some cases, the cuts seem to spur faster growth.

    The monetary fund study reported that a 1 percent fiscal consolidation achieved primarily through tax increases reduced economic activity by 1.3 percent over two years, while an identical consolidation driven primarily by spending cuts reduced activity by 0.3 percent.

    "It's coming to be accepted wisdom that itís better to have spending cuts than tax increases," said Alan Auerbach, an economics professor at the University of California, Berkeley.
    Of course, Obama realizes this too, but his desire to raise taxes is driven more by his desire to punish the rich (i.e. "fairness") than reduce the deficit.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Grant View Post
    That's quite true.

    So why, instead of saying "Tax The Rich!", doesn't Barrack Obama say that the American people can enjoy their lives with less money? That they should mind their own business and get on with their lives rather than constantly asking others to give them more?
    That would be nice. I don't think any president in recent memory has said anything like that. But it would be nice.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    So, "don't call my bluff", "there must be tax increases", and "the debt ceilign must be raised", in order to negotiate, is "Compromise" and "working towards a solution"?


    I think it was obama who threw a tantrum, sceamed "no" and left the table, no?
    No, it was the rightwing extremists who demand spending cuts or they will take down the economy

    But I'm not worried. Not raising the debt ceiling would hurt Big Business, which owns the RNC. The repubs will do what their corporate masters tell them to do
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Jerry View Post
    That's perfectly fine, Mr. President, then we don't have a deal.

    /thread
    /topic
    /congressional season
    /election
    /Democrat party
    Good....I hope that you are right. And the Party of NO will pay dearly for their incompetence and childishness. The American people expect Congress to work to find solutions....all that the GOP is offering is continuning to be the party of No ideas.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Erod View Post
    No, American people know how to run their household budget, and that when money runs dry, it's dry. Obama believes in just signing up for more credit cards, and paying the old cards with the new cards. It's the Obama way.
    Households don't get to print their own money, or remove money from the money supply of the nation.

    Comparing the federal budget to a households' budget is like comparing an abacus to a computer
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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