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Thread: United States loses its AAA Credit rating from S & P

  1. #1001
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    Just for the sake of moving the argument forward has the left every considered not raising taxes on any just because they could not afford it? Oh wait. If someone earns more than you of course they can afford it.
    A flat tax. And yes, the super wealthy can definitely afford more taxes than middle class and upper middle class Americans.

    Quote Originally Posted by RiverDad View Post
    This is very context specific.



    I agree with your observation and I too am dead set opposed to rentseeking arrangements. That's the problem with big government - it's where all the action is and it's often more efficient to deploy resources to corrupt the rules and rulemakers than it is to become more competitive. Your conclusion is something I disagree with.



    Damaging, most certainly. Just as damaging, not by a country mile. The neoconservative douches have had most influence in foreign policy and they've screwed us pretty good. Liberal damage to society has been far more pervasive and wide reaching.
    Both extreme positions have been equally damaging, imo.



    Quote Originally Posted by RiverDad View Post
    Because there is an overlapping dynamic - Right vs. Left is overlapped by elite versus non-elite. Politicians of the Right and the Left have more in common, as members of the elite, than they do to their respective bases.



    If you decrease the cost of living, and hold incomes constant, then this frees up resources which can be taxed and the quality of life does not suffer any diminishment.
    How would one decrease costs of living practically?

    Quote Originally Posted by Misterveritis View Post
    Perhaps then you will join with me to demand a balanced budget amendment so this cannot happen again.
    It would probably be too partisan for my tastes.
    “In politics, stupidity is not a handicap.” -Napoleon

  2. #1002
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Jetboogieman View Post
    And yet another misguided right wing zealot that doesn't understand what marxism is, thinks that Obama is a dictator and is completely incapable of seeing the error of his ways.
    LOL. I understand Marxism quite well, thank you.
    The one term Marxist president Obama is not (yet) a dictator. He admires them. He wants their power. He just cannot quite figure out how to swing it.

    Fortunately he will be gone soon. Unfortunately his policies, along with those of Reid and Pelosi will continue to damage the nation for years.

  3. #1003
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Prof View Post
    i don't think you're using that word quite the way you want to

    Neoconservatism - Wikipedia, the free encyclopedia

    fyi
    I am, actually.
    “In politics, stupidity is not a handicap.” -Napoleon

  4. #1004
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Misterveritis View Post
    Perhaps then you will join with me to demand a balanced budget amendment so this cannot happen again.
    Research suggests that a balanced budget will move the fight between liberals and conservatives to regulation

    How austerity leads to more regulation - Ezra Klein - The Washington Post

    Now, I suspect you are trying to imply the bribe the population theory, but again, looking at state governments, there are still strong voting patterns for democrats as well as conservatives in that environment, meaning that this is not a strong motivator.

  5. #1005
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    I agree, those are all relevant things to consider. In fact, you would have to be wearing blinders not to recognize historical factors like Ike raising taxes, building the nation's highway system (huge government spending), and cutting military spending. Like Bush never vetoing a bill during the six years Republicans controlled Congress. Like Nixon massively expanding the Great Society programs.
    Ike, Reagan, Bush never had 25 million unemployed and under Employed Americans. Next? Still waiting for that liberal compassion to show up here.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by megaprogman View Post


    Did you just cite free republic? Seriously?
    Yes. Are you disputing the numbers? Or just the source? Seriously?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Conservative View Post
    Ike, Reagan, Bush never had 25 million unemployed and under Employed Americans. Next? Still waiting for that liberal compassion to show up here.

    They also didn't have a pop of 311 million+

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Goldenboy219 View Post
    Not only have you bastardized supply side theory to the point of no return, you fail to incorporate consumer debt into your framework.

    That alone is evidence that you are just making **** up as you go along piecing partisan talking points together.
    Do you know the difference between consumer debt and public/intergovt. holding debt? consumer debt is personnally generated. You have no control over what your bureaucrats create. Personal responsibility doesn't exist in your world

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by donc View Post
    And it also stated that ….<That does not mean such households end up paying no taxes whatsoever. For instance, those in the group still pay other taxes such as state and local income taxes, as well as property and sales taxes.>which you evidently failed to notice.
    [b]
    Sigh. Why is it that the left always wants those who already pay nearly all of the federal income taxes to pay even more but will instantly leap to the defense of the half of the nation not paying them?

    No one has made the argument that people who do not pay federal income taxes don't pay other taxes. That is quite beside the point. And no matter what the tax I bet I pay more dollars.
    Last edited by Misterveritis; 08-13-11 at 06:59 PM.

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    They also didn't have a pop of 311 million+
    Thank you for that information, so we have growing population and 3 million less jobs. Great job Obama

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