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Thread: White House Tax Plan Would Ask More of Millionaires

  1. #931
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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Name for me one economic "promise" made by Obama that has been kept? His record is quite clear and the question is why do you still support him?
    Here's about 150 promises that Obama has kept: PolitiFact | The Obameter: Campaign Promises that are Promise Kept

    Maybe you should form your own opinions instead of importing them from right wing radio?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    What the administration said was that they estimated that the stimulus would keep unemployment under eight percent, but they also noted that there was a high margin of error in the calculation. They obviously underestimated the severity of the recession, as the unemployment rate even with the stimulus ended up exceeding their worst-case estimate. The main point was that the stimulus would reduce unemployment by 2-3% over what it would have been otherwise, and most economists agree that it succeeded in that respect.

    And to recap, you claimed that Obama "promised" that unemployment would never exceed 8% if the stimulus passed, and that he never did.
    "promised" that unemployment would never exceed 8% if the stimulus passed, and that he never did

    Difference without a distinction.

    On the 2-3% benefit in unemployment you attribute to stimulus that would be 3-4.5 million jobs. I have not heard too many economists suggest that was the benefit.

    Do you even believe what you write, or do you just like to throw trash for the fun of it.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by washunut View Post
    "promised" that unemployment would never exceed 8% if the stimulus passed, and that he never did

    Difference without a distinction.

    On the 2-3% benefit in unemployment you attribute to stimulus that would be 3-4.5 million jobs. I have not heard too many economists suggest that was the benefit.

    Do you even believe what you write, or do you just like to throw trash for the fun of it.
    Of course it's not a difference without a distinction. There is a huge distinction between predicting a specific ceiling and predicting that the measure would lower unemployment relative to where it would have been otherwise.

    You're right, I should have said 1-2% instead of 2-3%. "The nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has "[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "[i]ncreased the number of people employed by between 1.4 million and 3.3 million."
    Last edited by AdamT; 09-28-11 at 10:44 AM.

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    Re: White House Tax Plan Would Ask More of Millionaires

    I strongly suspect that the Obama administration never envisioned that government itself would end the jobs of over 500,000 workers in the last two years not to mention the ripple wave effect of those in private employment whose jobs were lost in the ripple effect. And much of those half million unemployed added to the numbers came at the urging of Republican dominated governments on a crusade for "smaller government" - but at what societal cost?

    Isn't it interesting that at GOP meme has come to be repeated constantly that "we should not raise any taxes in a recession because it will hurt the economy". Well, what about "we should not lay off any workers increasing and swelling the unemployment numbers in a recession"? Somehow, someway, they never quite get around to that do they?

    Many of the same people who bitch, moan, whine and complain about the high unemployment figures are the same people who are urging these firings from government jobs in the first place.
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    Re: White House Tax Plan Would Ask More of Millionaires

    Well, what do you expect? These are the same people who maintain that the deficit is our number one problem while their number one policy goal is to cut taxes -- and thereby increase the deficit.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Here's about 150 promises that Obama has kept: PolitiFact | The Obameter: Campaign Promises that are Promise Kept

    Maybe you should form your own opinions instead of importing them from right wing radio?
    I pay attention to results, when will you. If those promises were kept and we have the results we have today why would you support him for re-election? It would be a lot easier and more credible if you just admitted who you are.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Of course it's not a difference without a distinction. There is a huge distinction between predicting a specific ceiling and predicting that the measure would lower unemployment relative to where it would have been otherwise.

    You're right, I should have said 1-2% instead of 2-3%. "The nonpartisan Congressional Budget Office released a report in August that said the stimulus bill has "[l]owered the unemployment rate by between 0.7 percentage points and 1.8 percentage points" and "[i]ncreased the number of people employed by between 1.4 million and 3.3 million."
    Yet the Bureau of Labor Statistics disagrees with you because saved jobs aren't calculated nor can they be. Which one is more accurate, BLS or CBO? Do you even know what CBO does?

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by AdamT View Post
    Well, what do you expect? These are the same people who maintain that the deficit is our number one problem while their number one policy goal is to cut taxes -- and thereby increase the deficit.
    Different day same tired old rhetoric. Are you sending back your Bush Tax cut and sending in more than you are legally bound to pay? If not, why not? You want to send more revenue to the same people that contributed to the 14.6 trillion dollar debt? Interesting logic on your part.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    I pay attention to results, when will you. If those promises were kept and we have the results we have today why would you support him for re-election? It would be a lot easier and more credible if you just admitted who you are.
    You pay attention to results without considering the circumstances that contribute to the results. As such, you have no notion of what caused the results and no idea what the results would have been like if other policy choices had been made.

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    Re: White House Tax Plan Would Ask More of Millionaires

    Quote Originally Posted by Conservative View Post
    Different day same tired old rhetoric. Are you sending back your Bush Tax cut and sending in more than you are legally bound to pay? If not, why not? You want to send more revenue to the same people that contributed to the 14.6 trillion dollar debt? Interesting logic on your part.
    You're right, same old tired, non-arguments. My personal tax bill has nothing to do with the government's tax policy. It's a weak ad hominem attack.

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