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

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

    Quote Originally Posted by Conservative View Post
    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?
    Not concerning the issue we're discussing, no. A vote can't tell us what the reality of a situation is. For example, if a majority voted to ban all guns, would the 2nd amendment no longer be relevent? The vote could not tells us what the 2nd amendment said or meant.

    Do you even read the responses you get? Let me repeat for you:

    Didn't say it would, never have, 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.

    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
    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
    Not enough money, and the wealthy largely don't spend it. I've linked those studies for you in the past as well.

    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 Boo Radley View Post
    Not concerning the issue we're discussing, no. A vote can't tell us what the reality of a situation is. For example, if a majority voted to ban all guns, would the 2nd amendment no longer be relevent? The vote could not tells us what the 2nd amendment said or meant.

    Do you even read the responses you get? Let me repeat for you:
    A vote tells us the attitude of Texans who apparently have a different view of the state than you have. Wonder what makes you more of an expert than the voters. Let me know when you find that the Texas voters have violated the Constitution?

    There is a better chance of tax cuts putting people back to work than tax hikes, simple logic and common sense. So many here haven't a clue as to the four components of GDP so figure it out and get back to me.

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

    Quote Originally Posted by Boo Radley View Post
    Not enough money, and the wealthy largely don't spend it. I've linked those studies for you in the past as well.
    whether the spend it or save it doesn't matter, both help the economy as long as they don't bury it in their mattresses. Investment capital comes from where?

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

    Quote Originally Posted by Conservative View Post
    whether the spend it or save it doesn't matter, both help the economy as long as they don't bury it in their mattresses. Investment capital comes from where?
    Not so much, no. Jobs only come when there is spending.

    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
    A vote tells us the attitude of Texans who apparently have a different view of the state than you have. Wonder what makes you more of an expert than the voters. Let me know when you find that the Texas voters have violated the Constitution?

    There is a better chance of tax cuts putting people back to work than tax hikes, simple logic and common sense. So many here haven't a clue as to the four components of GDP so figure it out and get back to me.
    yes, attitudes, but not facts on the issues. A person may very well, and often does, vote in ways that are contrary to their best interest.

    And again, simple logic still has to be backed by actual facts, and the actual facts do not support the assumtion that tax cuts create jobs. Sorry.

    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 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.

    The very simple truth is, something that so call conservative politicians had gone away from, but are returning to (hopefully) is the conservative view is smaller more efficient government, with less spending and lower taxes for all.

    So you are asking them to once again go against their core value, and I can understand that, because if they do, they will be voted out of office again. Something the liberals need to have happen to continue with their tax and spend policy, that they have never gotten away from.

    I could see one way of raising taxes, and I can't take credit for it .. someone else posted it, and the more I thought about it .. the more I liked it.......... by law, make any tax increase go directly to the principal of our debt, can't be spent any other way. In my opinion, that will be the only way to get a tax increase passed.

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

    Quote Originally Posted by Boo Radley View Post
    Not so much, no. Jobs only come when there is spending.
    Where does investment capital come from and then tell me how you know what the rich do with their money?

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

    Quote Originally Posted by Boo Radley View Post
    yes, attitudes, but not facts on the issues. A person may very well, and often does, vote in ways that are contrary to their best interest.

    And again, simple logic still has to be backed by actual facts, and the actual facts do not support the assumtion that tax cuts create jobs. Sorry.
    Nor can tax increases be tied to creating jobs..... so just like the government ... we are stuck with what we have

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

    Quote Originally Posted by Boo Radley View Post
    yes, attitudes, but not facts on the issues. A person may very well, and often does, vote in ways that are contrary to their best interest.

    And again, simple logic still has to be backed by actual facts, and the actual facts do not support the assumtion that tax cuts create jobs. Sorry.
    What is in the liberal DNA that makes them experts on every issue? The election results of Nov. 2010 put more Conservatives in positiion of power than ever before. It was a wave election Guess the people of TX are just plain miserable that they have no problem wanting more of that misery. Does it ever cross your mind that the partisan op ed pieces that you believe shine a bad light on TX could be wrong?

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