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Obama: No Deal Without Tax Hikes

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If you feel a post is a personal attack, report it. Knock this kinda **** off and keep the thread about the topic.
 
Redress said:
About 3 % GDP growth 2010.
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Well it's a start. But we're still at over 9% inflation, the government can't seem to come together on a budget (which I was sure was their job), we're cutting education like hillbillies, we're still at war after 10 years which is not a plus to our deficit problems, etc.

I mean, given enough time, yes the markets will eventually recover on their own; so we can count on that. But I ain't jumping up and down yet, it really hasn't seemed like we've addressed any issues.
 
apdst said:
In that case, there will be even less investment and therefore less revenue.

You can't run the government like a convenience store.
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Of course not. What sort of convenience store has its own printing press?
 
sangha said:
Clinton raised taxes and the economy boomed. bush* cut taxes and the economy sank

But nevermind the historical facts
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Yes, you are essentially saying never mind to historical facts by latching to amfallacy by suggesting correlation equals causation ajdnthatnere are 0 potential other factors in either situation tha could've also been the reason those things occurred.

Those with the most fouls in the NBA tend to have the most points while those with the least amount seem to have less points, obviously this means hacking at the other teams shooters will assured you scorer points. I use great logic like sangha, it must work
 
Ikari said:
Well it's a start. But we're still at over 9% inflation, the government can't seem to come together on a budget (which I was sure was their job), we're cutting education like hillbillies, we're still at war after 10 years which is not a plus to our deficit problems, etc.

I mean, given enough time, yes the markets will eventually recover on their own; so we can count on that. But I ain't jumping up and down yet, it really hasn't seemed like we've addressed any issues.
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Inflation 2010 1.6 %.

Historical Inflation Rates: 1914-2011, Annual and Monthly Tables - US Inflation Calculator
 
Zyphlin said:
Yes, you are essentially saying never mind to historical facts by latching to amfallacy by suggesting correlation equals causation ajdnthatnere are 0 potential other factors in either situation tha could've also been the reason those things occurred.

Those with the most fouls in the NBA tend to have the most points while those with the least amount seem to have less points, obviously this means hacking at the other teams shooters will assured you scorer points. I use great logic like sangha, it must work
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No, I am countering the rightwing claim that tax cuts creates jobs and grows the economy, which the facts disprove.
 
Zyphlin said:
Yes, you are essentially saying never mind to historical facts by latching to amfallacy by suggesting correlation equals causation ajdnthatnere are 0 potential other factors in either situation tha could've also been the reason those things occurred.

Those with the most fouls in the NBA tend to have the most points while those with the least amount seem to have less points, obviously this means hacking at the other teams shooters will assured you scorer points. I use great logic like sangha, it must work
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Where are you in all the "why does revenue increase when tax rates are cut" threads. You are of course right, except for using basketball metaphors, which is automatically wrong.
 
The Prof said:
tell it to immelt, the JOBS CZAR
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Pointing to a dem that practices rightwing economics (like "free" trade policies) does not make the rightwing policy a leftwing policy. It only makes your argument a partisan one, instead of an ideological one.
 
Ikari said:
That's because I'm a dumbass. I really meant to type unemployment and I have zero idea how I ended up with that. Christ.
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That makes more sense. I actually a couple weeks ago read a nice long article on unemployment and the problems right now. Part of the problem is the same one that happened to Bush, which is that when companies do big layoffs, they learn to get more efficient. Needless to say that is not the only problem, but it is a part of it.
 
TurtleDude said:
why do the class warfare dems only want to raise taxes on the people who already pay far too much of the tax burden?
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Oh Please TD....when taxes are cut on the rich and raised on the middle class you guys don't say anything....but as soon as there is any talk on taking away the tax cuts given to the rich....all of a sudden its "class warfare".

The bottom line is becoming more and more apparent every day. The GOP will bend over backwards to protect their wealthy base at the cost of the middle class and working class.
The Democrats do just the opposite.

Its good to know this so that people can decide where their interests lie when the elections roll around.
 
disneydude said:
Oh Please TD....when taxes are cut on the rich and raised on the middle class you guys don't say anything....but as soon as there is any talk on taking away the tax cuts given to the rich....all of a sudden its "class warfare".

The bottom line is becoming more and more apparent every day. The GOP will bend over backwards to protect their wealthy base at the cost of the middle class and working class.
The Democrats do just the opposite.

Its good to know this so that people can decide where their interests lie when the elections roll around.
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class warfare = the rich have to "tighten their belts" just like the rest of us
 
sangha said:
Yes it was
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the debt, caused by a lack of tax revenue?

astonishing

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.
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U.S. funding for future promises lags by trillions - USATODAY.com
 
donc said:
with a universal health care system.:mrgreen:
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Every first world economy in the world (and most of the second world economies) have universal health care..... well, except for the US (are we still considered first world?... after all, our wealth distribution system is very 3rd world)
 
sangha said:
Pointing to a dem that practices rightwing economics does not make the rightwing policy a leftwing policy.
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it sure doesn't

LOL!
 
disneydude said:
Oh Please TD....when taxes are cut on the rich and raised on the middle class you guys don't say anything....
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Probably because it hasn't happened for at least 30 years. That's as far back as the CBO data goes.
 
sangha said:
So far, I've posted for more links to support my claims than anyone else in this thread.
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think progress or mother jones?

I'll post a link when the poster I was responding to does the same
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well, then...

LOL!
 
sangha said:
that wasn't what I said
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ah, then a lack of tax revenue is NOT responsible for our astronomical debt

thank goodness

because, frankly, at 61.6 trillion---and growing by 5.3 per year---there's not enough money in the galaxy

either way, if something isn't done IMMINENTLY to fundamentally restructure our budgets, then our big 3 federal programs will simply cease to exist, as we've come to know them, for our next generation

leadership, anyone?
 
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