- Joined
- May 28, 2011
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- Huntsville, AL
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- Political Leaning
- Conservative
I am inspired. Everyone has a blind spot, Me. You, certainly. Everyone.I think with facts not feeling...
I am inspired. Everyone has a blind spot, Me. You, certainly. Everyone.I think with facts not feeling...
Total monetary cost of Obamas inherited wars, beginning in 2001 $1,235,658,045,121 and climbing.
Obamas inherited cost of the bush tax cuts (besides costing us our AAA rating)$2.5 trillion.
Add the numbers up and see what the true cost of the inheritance from Americas most incompetent administration is.:2wave:
Cost of War to the United States | COSTOFWAR.COM
http://www.ctj.org/pdf/bushtaxcutsvshealthcare.pdf
Newt had it right as to what this so called 'super congress' will produce....
The one term Marxist president Obama, the Debt-end. I recommend that everyone watch it.Obama's Debt-End Bus Tour - YouTube
Wait, did he say that the essence of bipartisanship is to give up a little to get a lot? Was he singing the praises of compromise?!
QUOTE=Conservative
Tax cuts aren't an expense,
First President in U.S. History to have our credit downgraded on his watch!
$2.5 Trillion looks like an expense to me.
If it wasn't for the $2.5 Trillion tax cuts we would not be thinking about AA+ now.
How is keeping more of what you earn an expense to the Federal Govt.
When $2.2 trill don't get collected in taxes while two wars are going on.
That doesn't make it an expense, it makes it less revenue.
Two unfunded wars and you don't call that an expense? :shock:
QUOTE=Conservative
Wars are an expense, tax cuts aren't. The wars didn't create the 14.5 trillion dollar debt.
You pick on wars because you don't like wars, no one does but to claim that tax cuts are expenses to the govt. is totally and completely false and foolish.
Hhhmm...Where is this money coming from?
Cost of War to the United States | COSTOFWAR.COM
If we had the dough that the tax cuts diverted from the treasury we would have $2.5 trillion less debt at this time and we would still have our AAA rating.You can spin like a top all night if you want but facts are facts.:2wave:
You just cannot admit that you are wrong, the war is an expense and has to be paid out of revenue. Whether or not there is enough revenue or not doesn't make it an expense.
We would have 2.5 trillion less debt if we didn't spend the money. With this govt. has nothing to do with the amount of revenue. The fact is we have more revenue from the tax cuts and you cannot explain it.
Who pays this non expense?:shock:
Doesn't make any difference, revenue shortfalls are not an expense to anyone.
Then you need glasses, no accountant will ever support that claim. How is keeping more of what you earn an expense to the Federal Govt. I gave you the line item expenses and nowhere does tax cut appear as an expense. That is nothing more than liberal talking points that the brainwashed buys.
Look you have yet to prove me wrong on any issue, total debt went up thus there was no surplus under Clinton. You think it is ok to steal your contriubtion to SS to show a surplus in the public debt? how are these IOU's going to be repaid?
Social Security IOUs stashed away - Washington Times
As an accountant (at least by training), I must agree that revenue reductions are not an expense. They do, however, have the exact same result on the bottom line. Hence, the primary point is valid and discussion is about form rather than substance (wasting time in the academics and not facing the issue).
Revenue shortfalls are an expense when combined with two none funded wars as well a bordering on idiocy.:2wave:
Obama economic results in 2011, .4% GDP and 1.3% GDP growth in 2011, 24+ million unemployed or under employed Americans in 2011, 4 trillion added to the debt in less than 3 years, and a downgrade of the U.S. credit rating. Rising Misery index 7.83 to 12.67. First President in U.S. History to have our credit downgraded on his watch!
Do you really want to go there? It would take me about a day. I can review your post history and develop a reasonably accurate assessment of your actual political beliefs and contrast them with your professed beliefs. I can probably find enough individual information to develop a history. Maybe I will.
WOW,three weeks to turn a child in to a stone socialist...gotta get that recipe.:lamo
MAN reading some of your post is better than the funny papers.