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Thread: Obama says he cannot guarantee Social Security checks will go out on August 3

  1. #341
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Sgt Meowenstein View Post
    You can't seriously be this dense. Obama not taking tax hikes off the table is not an unwillingness to compromise.
    but of course it is. not even Democrats would pass these tax hikes, yet Obama refuses to avoid what he says would be a fiscal catastrophe unless Republicans do it for him? what utter baloney.

    He offered up 4 trillion in cuts.
    in fact he hasn't. he claimed to be offering up 3 trillion in "cuts" and 1 trillion in tax hikes... but when you look into what the "cuts" actually are, they disappear into mirrors and smoke. So, for example, he calls continuing the current drawdown in Iraq and Afghanistan a "cut" of about a trillion by arguing that he's not maintaining surge levels for a decade. he claims that the interest which will never be paid on debt we never issue is a "cut" and should count; which is similarly ridiculous. of the non-health-care mandatory spending "cuts", roughly three quarters appear to be "cuts" made by "increasing fees". He's even taken the standard "waste fraud and abuse" off the table, insisting that Republicans "buy them back" with dollar for dollar tax increases. it's utterly amazing.

    Republicans should meet him at his own game, and say that since they aren't lowering tax rates to a flat rate of 10%, they've actually already more than tripled taxes on small business owners.


    actually no. what they should do is go ahead and pass a bill of the size that the President wants ($2.4 Trillion) with commiserate cuts dollar for dollar of their choosing. Then let Obama kill it, if he wants to. Let everyone see that Obama thinks that A) the economy may collapse and social security recipients may get left in the cold and B) is willing to accept that if it's necessary for him to raise taxes.

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    Educator Sgt Meowenstein's Avatar
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Risky Thicket View Post
    Absolutely, if Obama was serious he'd start by proposing a 50% budget cut in defense spending. You are also advocating serious cuts in defense spending aren't you?
    Of course. Plus a lot more revenue than the measly tax loophole closures that he's asking for.


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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Sgt Meowenstein View Post
    What has he accomplished? Here you go:
    CFC was one of the biggest failures of the Obama administration.

    The Cash for Clunkers program turned out to be a complete waste of taxpayer money as it failed to create demand and simply moved it forward, creating a void in auto sales down the road when people would have normally purchased their vehicle as planned. It also destroyed thousands of perfectly good cars, reducing the used car inventory available to the public for purchase.

    As anyone who has taken a basic economic course will tell you, when you reduce the supply of something, its price goes up. And wouldn't you know it, the prices of used cars have skyrocketed since the passing of the C for C program.
    Cash for Clunkers: more of a failure than previously thought - Mass SNAFU

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Looking for debt deal, Obama outlines cuts - USATODAY.com

    In Obama's $2 trillion plan, tax increases would come from a 35% limit on itemized deductions and the elimination of special-interest tax breaks for oil and gas companies, corporate jet owners and producers of ethanol. If tax rates on upper-income people returned to 36% and 39.6% in 2013, as Obama wants, the limit on deductions would save about $120 billion.

    Obama also is seeking to extend a payroll tax cut enacted last December for another year and possibly extend it to small businesses. For that reason, Republicans could claim that the package is revenue-neutral rather than representing a tax increase — but at the meeting, Republicans still refused to go along.

    The remainder of the package would be spending cuts and savings on interest, but not the major reductions in Medicare or Social Security that Obama had been willing to accept as part of a $4 trillion deal.

  5. #345
    Educator Sgt Meowenstein's Avatar
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by TurtleDude View Post
    what that tells me is that obama thinks cutting ANY SPENDING is a sacrifice

    which shows what an absolute ass he is

    why is he trying to derail things with tax hikes

    Are you saying there are NOTHING THAT NEEDS TO BE CUT?
    Are you kidding? He offered 4 TRILLION IN CUTS. Are you people really that dense? This isn't some theory. He actually offered up the cuts in return for some minor revenue increases. He actually said this. Google it. Or read a ****ing newspaper. It's not that hard to understand.
    Last edited by Sgt Meowenstein; 07-15-11 at 12:39 AM.


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    Educator Sgt Meowenstein's Avatar
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by dontworrybehappy View Post
    CFC was one of the biggest failures of the Obama administration.



    Cash for Clunkers: more of a failure than previously thought - Mass SNAFU
    That's all you have? 42 accomplishments and you found one to bitch about.


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    Educator Sgt Meowenstein's Avatar
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by cpwill View Post
    but of course it is. not even Democrats would pass these tax hikes, yet Obama refuses to avoid what he says would be a fiscal catastrophe unless Republicans do it for him? what utter baloney.
    Ok, now I'm dealing with somebody who either has no ****ing clue what he's talking about, or who's just being disingenuous. Dems wouldn't agree to tax hikes? What in God's name are you talking about?
    Last edited by Sgt Meowenstein; 07-15-11 at 12:47 AM.


  8. #348
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by toddwv View Post
    It's not a threat, it's the truth. SS isn't in a lockbox, it has been dumped into the general fund for decades in order to mask out-of-control "defense" spending. Right now, some "contractor" in Iraq is using SS money to pay for a new 'Beamer.

    So, there is no guarantee that SS checks will go out. Those who are already receiving checks will most likely get them, those who are applying for new benefits probably won't.
    Any program receiving federal funding is in jeopardy. In fact, many states are facing insolvency. New Mexico cut benefits to the elderly and the disabled a while back. People should expect to see a lot more of this as time goes on. It wont be too long now before everything begins to crumble.
    “In politics, stupidity is not a handicap.” -Napoleon

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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Sgt Meowenstein View Post
    Are you kidding? He offered 4 TRILLION IN CUTS. Are you people really that dense? This isn't some theory. He actually offered up the cuts in return for some minor revenue increases. He actually said this. Google it. Or read a ****ing newspaper. It's not that hard to understand.
    When did libs start caring about spending, that's what I want to know. I'm not so dense that I suddenly believe y'all are fiscal hawks all of a sudden. LOL
    The greatness of a nation and its moral progress can be judged by the way its animals are treated.
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  10. #350
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    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by X Factor View Post
    When did libs start caring about spending, that's what I want to know. I'm not so dense that I suddenly believe y'all are fiscal hawks all of a sudden. LOL
    I'm as surprised as you are to see Obama pursuing serious cuts...but all the evidence from the last couple months leads me to the conclusion that Obama is far more serious about deficit reduction than House Republicans.

    If Republicans have become so inept that they're willing to walk away from $4 trillion in reduced government, because of some minor tax hikes in areas specifically targeted to cause Republicans the least amount of angst, then conservatism is truly dead...killed not by liberals, but by Grover Norquist. This could have been the best policy victory Republicans have had in decades, and instead they're going to turn it down and get nothing (or a pittance of cuts that most Democrats could tolerate anyway). Right now, Obama is behaving more like a true conservative than Eric Cantor is.
    Last edited by Kandahar; 07-15-11 at 01:04 AM.
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