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Thread: Breaking: Agreement has been reached on raising the debt limit....

  1. #371
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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Under the context of your rebuttal to Sheik. Try again!
    There is no response to Sheik because Sheik is stuck in the past. Nothing that happened during the Bush term is relevant now as there never has been a President in modern history two years after the end of a recession have these kind of numbers. Unemployment higher than when he took office, Employment lower than when he took office, economic growth is stagnant. Does it really matter what Bush did 2 1/2 years after Obama took office?

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).

  2. #372
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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Cut corporate tax rates, provide healthcare waivers to all businesses for Obamacare, reduce inheritence taxes, and extend indefinitely the Bush tax cuts
    Which will force the long term federal deficit to expand in an exponential fashion.

    Why are you in favor of health care subsidization from the federal government (the increased costs you speak of)?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    The president does not generate economic activity from the private sector; this must be understood before you go any step further.

    Why no comment on the stimulus correlation to growth?
    The President did nothing to support growth in the private sector with his stimulus package and then Obamacare. Business cannot print money and operates on a five year plan. Since there is no certainty private business is sitting on the sidelines waiting to see what they will need to fund the liberal appetite for spending

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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Which will force the long term federal deficit to expand in an exponential fashion.

    Why are you in favor of health care subsidization from the federal government (the increased costs you speak of)?
    A waiver isn't subsidizing private business. Obamacare does nothing to lower costs and in fact increases costs on small businesses. Without waivers they are forced into the system.

  5. #375
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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Cut corporate tax rates, provide healthcare waivers to all businesses for Obamacare, reduce inheritence taxes, and extend indefinitely the Bush tax cuts
    So basically what you want to do is drive the the debt higher and higher by cutting revenue without any appreciable spending cuts? Our effective corporate taxes are already the lowest in the industrial world. If we cut them further companies will just accumulate more cash. Extending Obamacare waivers to everyone will accomplish nothing. Reducing the inheritance tas further will affect almost no one.

    If that's the republican plan then it's a recipe for disaster.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    Nothing that happened during the Bush term is relevant now as there never has been a President in modern history two years after the end of a recession have these kind of numbers. Unemployment higher than when he took office, Employment lower than when he took office, economic growth is stagnant. Does it really matter what Bush did 2 1/2 years after Obama took office?
    Not one time in modern history has a financial recession, and later a liquidity trap occurred in succession. Given you lack the macro understanding that is required to discuss such a topic, ill stop here.

    Obama record, 15.1 million officially unemployed TODAY 2 1/2 years later, 16.2% total unemployment or underemployment over 24 million TODAY, 4 trillion added to the debt as of the end of fiscal year 2011, and a rising misery index(7.83 to 12.67).
    Why do you believe the private sector is oblivious to any blame? Last time i checked, they are the ones who spur growth. The "they are too afraid" argument lacks both a theoretical and practical framework.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Obama: We have a deal

    Quote Originally Posted by LesGovt View Post
    Where did I make any comment here about the Constitution? Do you just take a person's comment and run with it in any direction you wish? I was commenting about compromise and the Boston Tea Party, which is exactly what I said. And then you spout what you did above. Sheesh.

    I am still awaiting your proof about your comments regarding the changes of our Constitution by the Civil War. You did not reply with anything. I'm patient. I will continue to wait; however, I fear that Hell will freeze over first.
    I already said that the Constitution didn't change, but that the implementation changed anyway. So if you want an argument on how the Constitution changed, you're not going to get one from me because it didn't. Things happen that aren't reflected in the Constitution. There's more to history than the Constitution.


    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.

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    Re: Obama: We have a deal

    Quote Originally Posted by Conservative View Post
    A waiver isn't subsidizing private business.
    Why do they need a waiver; what does Obamacare do to these small businesses?

    Obamacare does nothing to lower costs and in fact increases costs on small businesses. Without waivers they are forced into the system.
    How does it increase the cost on small businesses?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  9. #379
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    Re: Obama: We have a deal

    Quote Originally Posted by AdamT View Post
    So basically what you want to do is drive the the debt higher and higher by cutting revenue without any appreciable spending cuts? Our effective corporate taxes are already the lowest in the industrial world. If we cut them further companies will just accumulate more cash. Extending Obamacare waivers to everyone will accomplish nothing. Reducing the inheritance tas further will affect almost no one.

    If that's the republican plan then it's a recipe for disaster.
    That is always the opinion of the book smart street stupid liberals who don't understand human behavior. Right now 24 + million unemployed or under employed Americans are paying what in FIT? Hiring these people is a must.

    Liberalism is a recipe for disaster that is playing out today. It wasn't the private sector that created the 14.4 trillion dollar debt and it won't be the private sector that is going to fund liberalism in the future.

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    Re: Obama: We have a deal

    Quote Originally Posted by Goldenboy219 View Post
    Why do they need a waiver; what does Obamacare do to these small businesses?



    How does it increase the cost on small businesses?
    Don't know much about Obamacare, do you? Think Obamacare is free to small businesses for their employees?

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