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

  1. #481
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by The Barbarian View Post
    Okay so Texas is hardly a paradise, remember that next time you see liberals touting the jobs created under Obama ..... and remember that those jobs created in Texas then shouldn't count in the over all numbers ..... because after all .. that Texas is such a conservative strong hold .. and such a terrible place to be ... you surely won't want to count those jobs created in Texas to count right ?
    Nope, not what I said. Try again.


    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Conservative View Post
    There are 25 million unemployed or under employed Americans today, how does a tax increase put them back to work?

    As for Texans, all you have to do is look at the November 2010 election results. Get back to me when you do?
    Didn't say it would, never ahve, which boggles the mind why you keep the same repeating this. However, as we see, tax cuts won't provide them either. There is no evidence tax cuts create jobs, and I have linked that repeatedly for you.

    And the results of the election won't answer the factual issue I put before you.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  3. #483
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    Texas on the Brink 2011

    Texas on the Brink
    How Texas Ranks Among the 50 States
    February 2011 ~ Fifth Edition
    Originally Created by State Senator Eliot Shapleigh
    Download Texas on the Brink
    Since 1836, Texas has stood as an icon of the American dream.
    Blessed with land, rivers, oil, and other abundant natural resources, early Texas welcomed everyone from cattle ranchers to braceros, from cotton farmers to Chinese railroad workers. These pioneers built a great state, and together we fulfilled a destiny.
    From humble beginnings, we built a state with the firm belief that every Texan might rise as high and as far as their spirit, hard work, and talent might carry them. With education and determination every Texan might achieve great success – home ownership, reliable healthcare, safe neighborhoods, and financial prosperity.
    In Texas today, the American dream is distant. Texas has the highest percentage of uninsured children in the nation. Texas is dead last in the percentage of residents with their high school diploma and near last in SAT scores. Texas has America’s dirtiest air. If we do not change course, for the first time in our history, the Texas generation of tomorrow will be less prosperous than the generation of today.
    Without the courage to invest in the minds of our children and steadfast support for great schools, we face a daunting prospect. Those who value tax cuts over children and budget cuts over college have put Texas at risk in her ability to compete and succeed.
    Let us not forget that the business of Texas is Texans. To ‘Close the Gap’ in Texas, we must graduate more of our best and brightest with the skills to succeed in a world based on knowledge. If we invest in our greatest resource – our children – Texas will be the state of the future. If we do not, Texas will only fall further behind.
    Texas is on the brink, but Texas can do better. The choice is ours.


    Texas On the Brink
    How did the November 2010 elections turn out? Seems that people who grew up here have no concept of what it is like elsewhere. I do. I moved from the Midwest, travel back and forth often and see the difference. Love living in TX, too bad you don't.

    As for education spending, if spending is a problem, then let the school districts raise their own money instead of having the taxpayers from other areas of the state pay for their expenses. Just another thing I like about TX, a state that is telling its school districts raise your own money or live within what the taxpayers all over the state send you.

  4. #484
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    The logic that doesn't work is that you think because they didn't allow them to expire shows that the revenue wasn't needed. No, there are often several reasons for something, and you cannot ignore the polticial. I don't agree with what democrats did, or more rightly didn't do, but let's not pretend it was because we didn't need the revenue.

    BTW, aren't you the only one in this conversation trying to place blame?
    You're right I'm trying to place blame squarely where it belongs .. on the shoulders of those people that had to do nothing .. no vote .. no debate .. . nothing .. and the increase in revenue, that liberals are now blaming on Republicans for lowering our credit rating would never have happened. At least not for a needed increase in revenue as liberals are stating.

    Them not allowing them to expire .... cannot be blamed in any way shape or form on Repblicans ..... that is a simple fact ...
    Last edited by The Barbarian; 08-11-11 at 05:18 PM.

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

    Quote Originally Posted by Conservative View Post
    There are 25 million unemployed or under employed Americans today, how does a tax increase put them back to work?

    How does a tax cut put them back to work?

  6. #486
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    Texas on the Brink 2011

    Texas on the Brink
    How Texas Ranks Among the 50 States
    February 2011 ~ Fifth Edition
    Originally Created by State Senator Eliot Shapleigh
    Download Texas on the Brink
    Since 1836, Texas has stood as an icon of the American dream.
    Blessed with land, rivers, oil, and other abundant natural resources, early Texas welcomed everyone from cattle ranchers to braceros, from cotton farmers to Chinese railroad workers. These pioneers built a great state, and together we fulfilled a destiny.
    From humble beginnings, we built a state with the firm belief that every Texan might rise as high and as far as their spirit, hard work, and talent might carry them. With education and determination every Texan might achieve great success – home ownership, reliable healthcare, safe neighborhoods, and financial prosperity.
    In Texas today, the American dream is distant. Texas has the highest percentage of uninsured children in the nation. Texas is dead last in the percentage of residents with their high school diploma and near last in SAT scores. Texas has America’s dirtiest air. If we do not change course, for the first time in our history, the Texas generation of tomorrow will be less prosperous than the generation of today.
    Without the courage to invest in the minds of our children and steadfast support for great schools, we face a daunting prospect. Those who value tax cuts over children and budget cuts over college have put Texas at risk in her ability to compete and succeed.
    Let us not forget that the business of Texas is Texans. To ‘Close the Gap’ in Texas, we must graduate more of our best and brightest with the skills to succeed in a world based on knowledge. If we invest in our greatest resource – our children – Texas will be the state of the future. If we do not, Texas will only fall further behind.
    Texas is on the brink, but Texas can do better. The choice is ours.


    Texas On the Brink
    Well, you can't consider this, look at the whole picture, not when you want to score partisan points.

    Thanks.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  7. #487
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    Didn't say it would, never ahve, which boggles the mind why you keep the same repeating this. However, as we see, tax cuts won't provide them either. There is no evidence tax cuts create jobs, and I have linked that repeatedly for you.

    And the results of the election won't answer the factual issue I put before you.
    so elections results are factual?

    You want to raise taxes so the question is obvious, with 25 million unemployed or under employed Americans how does raising taxes put those people back to work paying taxes and giving that revenue you want so badly?

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

    Quote Originally Posted by The Barbarian View Post
    You're right I'm trying to place blame squarely where it belongs .. on the shoulders of those people that had to do nothing .. no vote .. no debate .. . nothing .. and the increase in revenue, that is now blamed on Republicans for lowering our credit rating ..

    Them not allowing them to expire .... cannot be blamed in any way shape or form on Repblicans ..... that is a simple fact ...
    This would be good if it had anythign to do with what I'm arguing. What the democrats did or didn't do, for which they hold blame, does not all of the sudden release republicans from their role later on. I argue both hold blame. And I think that is easily supported.


    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  9. #489
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by winston53660 View Post
    How does a tax cut put them back to work?
    Puts more money into the hands of the consumer and that makes it easier for economic growth and thus job creation. Happens all the time unless you bury your money in a tin can in the backyard

  10. #490
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    This would be good if it had anythign to do with what I'm arguing. What the democrats did or didn't do, for which they hold blame, does not all of the sudden release republicans from their role later on. I argue both hold blame. And I think that is easily supported.

    You seem to ignore the benefits of keeping more of what you earn and apparently believe sending more money to the bureaucrats that created the 14.5 trillion dollar debt makes sense. I don't. Cut spending first back to at least 2008 levels and then we can talk about tax hikes.

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