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Thread: Obama: No Deal Without Tax Hikes

  1. #1441
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    Re: Obama: No Deal Without Tax Hikes

    I have to say, I was very troubled today to learn that we pay our debt-interest obligations..with loans!!!

    that ain't sustainable.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by MusicAdventurer View Post
    It has been my experience that when a dispute cannot be resolved, it is not solely one entities fault. The Dems and the Repubs are both not willing to compromise. However, this doesn't mean that one party may not be being more stubborn than the other. Regardless of lies etc., they need to reach a solution, perhaps no solution is there solution right now. I kind of see politicians as misbehaving kids who can't learn to play nice.
    I understand your point and I can respect that. I see it that the GOP does not want to fall for anymore lies about actually cutting the budget.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    SS reduces the budget deficit.
    you don't know what you're talking about

    The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

    The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.

    Medicare alone took on $1.8 trillion in new liabilities, more than the record deficit prompting heated debate between Congress and the White House over lifting the debt ceiling.

    Social Security added $1.4 trillion in obligations, partly reflecting longer life expectancies. Federal and military retirement programs added more to the financial hole, too.
    U.S. funding for future promises lags by trillions - USATODAY.com

    61.6T, sinking 5.3 further per year

    not enough revenue in the universe

    if something isn't done NOW the precious programs will expire

    leadership, anyone?

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Thunder View Post
    I have to say, I was very troubled today to learn that we pay our debt-interest obligations..with loans!!!

    that ain't sustainable.
    You think that's bad, we have an agreement with Taiwan to protect them against China and we have to borrow money from the Chinese in order to protect Taiwan. Woof!

  5. #1445
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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by Grant View Post
    In fact "the wealthy" are already paying their share and more.

    Who Pays the Most Income Tax?

    The "poorest and the needy" , which would seem to be almost 50% of the population, don't pay any federal taxes at all.

    Going after 'the wealthiest" might work for a little while but money and people can cross borders easily enough and that's just what's happening. Companies can just leave, which is what they are doing, and then Americans will complain about that.

    Unless taxation is fairly distributed people will just leave and 'the wealthy' who remain will eventually just run out of money. Then where will "the poorest and the needy" go?

    In fact America prospered without these programs for a couple of centuries, and were in an international class of their own. Now they cant survive without the government looking after them.

    What happened?
    Let them go. We simply need to ensure that they won't be rewarded for doing so and will not be able to do conduct business in the United States without paying additional costs. That is where we need to restructure our economic policies.
    <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 sangha View Post
    Garbage in, Garbage out
    says the guy who posts unlinked charts...

    with UNLABELED AXES!

    LOL!

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    I say let them leave.
    who says?

    LOL!

    anyway, they already did

    they went to texas

    Some 37% of all net new American jobs since the recovery began were created in Texas.

    Using Bureau of Labor Statistics (BLS) data, Dallas Fed economists looked at state-by-state employment changes since June 2009, when the recession ended. Texas added 265,300 net jobs, out of the 722,200 nationwide, and by far outpaced every other state. New York was second with 98,200, Pennsylvania added 93,000, and it falls off from there. Nine states created fewer than 10,000 jobs, while Maine, Hawaii, Delaware and Wyoming created fewer than 1,000. Eighteen states have lost jobs since the recovery began.
    Review & Outlook: The Lone Star Jobs Surge - WSJ.com

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by sangha View Post
    I believe in freedom.
    oh?

    Quote Originally Posted by sangha View Post
    We can nationalize the traitors assets and sell them to the highest bidder.
    oh...

    LOL!

    if more politicians talked like you my side would have more than 350 seats in the house

    and a whole lot of laughs

    rant away, raskolnikov

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by The Prof View Post
    oh?



    oh...

    LOL!

    if more politicians talked like you my side would have more than 350 seats in the house

    and a whole lot of laughs

    rant away, raskolnikov
    Freedom is a subjective word and it has never existed - freedom to do anything = anarchy

    Therefore, your definition of freedom may be very different from that of others

    some believe in different rights, different do's and don'ts, if you took a political science class or read political science books (not partisan ones, textbooks is what I am talking about), you would realize that one kind of "freedom" or "liberty" etc. comes at the price of less freedom in other areas - it all depends on what freedoms you value most
    Last edited by MusicAdventurer; 07-18-11 at 08:06 PM.

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    Re: Obama: No Deal Without Tax Hikes

    Quote Originally Posted by ReverendHellh0und View Post
    So "no deal without tax hikes", "don't call my bluff", "no deal until debt ceiling is raised"...
    Once again, who isn't compromising?
    It is time to walk away. Just let the one term Marxist president Obama deal with the results of no deal.

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