If we are going to raise the tax rates shouldn't we bring back all of the tax shelters to go along with the increased rates?
Where is the job growth that was supposed to have happened as a result of the tax cuts for the wealthy? Last year the GOP threatened to stop unemployment benefits unless the tax cuts for the wealthy were extended. They said this was necessary to create jobs. Where are those jobs???We have a lot of house builders out of work along with all of the material suppliers. Barry/Obama knows that those jobs can't come back until the rest of the economy is allowed to grow. Hiring union members for government employment isn't the answer.
The government can produce jobs and stimulate the economy by doing so until there is enough consumer demand needed for private sector to increase production.Government employees create nothing and the more government regulators we hire the less the rest of us will be able to create.
Producers create wealth and the government wants to spend our wealth on those who create red tape.
Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb
As I stated, I have no problem debating Bush and Reagan but would prefer doing it with someone who doesn't distort and downright lie about the numbers plus it needs to be done on its own thread. All you are doing . is diverting from the Obama record. I assure you that Obama would give anything to have the Reagan and Bush record two years after the end of the recession that both inherited. Rather than be truthful you distort and provide your own biased spin but none of that will have anything to do with the election of 2012. It will be the Obama record that will be on the ballot in 2012. So for someone that loves history you really need to learn it first starting with the history being generated by Obama.
Obama economic results in 2011,
.4% GDP and 1.3% GDP growth in 2011(bea.gov)
25+ million unemployed or under employed Americans in 2011(bls.gov)
2.6 million fewer jobs(bls.gov)
4.2 trillion added to the debt in less than 3 years(U.S. Treasury Site)
Downgrade of the U.S. credit rating(S&P)
Rising Misery index 7.83 to 12.97 (The United States Misery Index By Year)
38-41% JAR and well over 50-55% disapproval ratings(Gallup)
The government CAN produce jobs but HOW are they going to pay for them? Tax the rich??? And what is the collective income of the 'rich'? Around $2t annually (per irs.com). And our deficits have been how much?
I guess you could say that those in poverty are not the 'rich' so everyone else IS. So lets raise taxes on all those making above $25k/yr so that we can put others to work. Sounds like redistribution to me...and that has worked SO well in history.
Whoa, those are the numbers buddy. Can you disprove them? I tried to talk to you about context, and every time you said that those were real numbers and context didn't matter. Well guess what, so are these. Obviously you are too thick to understand that I am only parodying your "numbers" with numbers of my own. What do my numbers mean? Nothing, just like yours mean nothing because neither of them have context.
But as long as you keep spamming that nonsense, I'll be right here spamming it next to you:
Bush and Reagan were terrible presidents by the numbers
Reagan GDP Changes of -3.2%, -4.9%, and -6.4%.
Bush GDP Changes of 1.8%, 1.3%, -3.7% and -8.9%
Misery Index Under Reagan in 1981: 19.33
Misery Index Under Bush in August 2008: 11.47
Unemployment under Reagan 1982: 9.7%
Unemployment under Bush (beginning 2009): 9.3%
Number of unemployed under Bush rose 22,000,000 from 2000-2008
From 1981-1982, 1,126,000 jobs were lost by Reagan.
In 1983, after losing over 1 million jobs, having over 9% unemployment, and posting losses in GDP, Reagan's approval rating was 40%.
In 2008, after starting multiple wars, driving up the deficit, and seeing the recession begin to start, president George W. Bush's approval rating was under 30%.
President Bush racked up 2.779 trillion in debt in 2 years as president.