Page 19 of 25 FirstFirst ... 91718192021 ... LastLast
Results 181 to 190 of 250

Thread: Obama seeks 'consolidation authority' to merge agencies

  1. #181
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by AdamT View Post
    There is some evidence, from none other than Reagan's former economic advisor, that the debt would be around $2 trillion less than its current level if the top effective tax rate had been frozen in 1986.

    Bruce Bartlett: The Rich Can Afford to Pay More Taxes - NYTimes.com
    Even if we were to give this man the benefit of any doubt it still means that the US would be $13 trillion in debt rather than the $15 trillion and growing. Can you explain what advantage that would be or where any benefits might lie?

    The problem is government spending and if Americans cant figure that out then you can kiss it all goodbye.

  2. #182
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by AdamT View Post
    There is some evidence, from none other than Reagan's former economic advisor, that the debt would be around $2 trillion less than its current level if the top effective tax rate had been frozen in 1986.

    Bruce Bartlett: The Rich Can Afford to Pay More Taxes - NYTimes.com
    And from another source:

    "Tax cuts for America’s top earners are costing everyone, every hour of every day, a new report from the National Priorities Project finds.

    Tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. America’s top earners will get an average tax cut of $66,384 in 2011, while the bottom 20 percent will get an average cut of $107. "

    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour: Report
    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

  3. #183
    Advisor Swit's Avatar
    Join Date
    Oct 2010
    Location
    Chicago, Illinois
    Last Seen
    10-13-16 @ 12:44 AM
    Gender
    Lean
    Other
    Posts
    390

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Grant View Post
    The problem is government spending and if Americans cant figure that out then you can kiss it all goodbye.
    OK, lets just make the assumption that you are correct.... that its ONLY government spending that is the issue. Fine, show us all where we we can trim the fat so to speak:

    u-s-federal-government-spending-by-category-program-2011.jpg

    Keep in mind... in order to only spend that amount which the federal government receives as revenues you need to chop 36% of this pie.... where would you propose we make the cuts?


    EDIT: source link
    Last edited by Swit; 01-16-12 at 08:03 PM. Reason: link to graph source

  4. #184
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Catawba View Post
    And from another source:

    "Tax cuts for America’s top earners are costing everyone, every hour of every day, a new report from the National Priorities Project finds.

    Tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour, according to the National Priorities Project. America’s top earners will get an average tax cut of $66,384 in 2011, while the bottom 20 percent will get an average cut of $107. "

    Tax Cuts For Wealthy Americans Cost Treasury $11.6 Million Every Hour: Report
    Okay, it's the Huffington Post, which caters to the too far out there to take seriously crowd, and the equally vacuous NPP, but lets go with their number anyway, rounded off.

    At $12 million an hour that is $288 million per day it is "costing" the government.

    Meanwhile the government is spending $4 billion per day. U.S. National Debt Clock

    Can you see the difference?

    And the Huffington Post article assumes that the people with this $11 million dollars per hour to give to the government would just leave their money where it is. That's just silly. You can ask yourself if you would do that if you were a millionaire and then ask yourself again why you are not a millionaire.

  5. #185
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Swit View Post
    OK, lets just make the assumption that you are correct.... that its ONLY government spending that is the issue. Fine, show us all where we we can trim the fat so to speak:

    u-s-federal-government-spending-by-category-program-2011.jpg

    Keep in mind... in order to only spend that amount which the federal government receives as revenues you need to chop 36% of this pie.... where would you propose we make the cuts?


    EDIT: source link
    Well if you can't find any cuts in there I guess you're screwed.

  6. #186
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    12-08-17 @ 03:46 PM
    Gender
    Lean
    Conservative
    Posts
    30,272

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Grant View Post
    Well if you can't find any cuts in there I guess you're screwed.

    Plenty of cuts in there, the only thing it is depending on is who's sacred cow is going to be gored in the name of fiscal responsibility.

    Oh, and we could stop giving my money to China so they can teach prostitutes to drink responsibly while on the job.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

  7. #187
    Sage
    AdamT's Avatar
    Join Date
    Jul 2011
    Last Seen
    02-13-13 @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    17,773

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by j-mac View Post
    Plenty of cuts in there, the only thing it is depending on is who's sacred cow is going to be gored in the name of fiscal responsibility.

    Oh, and we could stop giving my money to China so they can teach prostitutes to drink responsibly while on the job.

    j-mac
    Oh great, so Chinese hookers will be as drunk as Georgia legislators?


  8. #188
    Advisor Swit's Avatar
    Join Date
    Oct 2010
    Location
    Chicago, Illinois
    Last Seen
    10-13-16 @ 12:44 AM
    Gender
    Lean
    Other
    Posts
    390

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Grant View Post
    Well if you can't find any cuts in there I guess you're screwed.
    I can find plenty of things to cut, it just wouldn't be anywhere near the 36% required to balance spending vs. revenues. By dodging the question I asked, it appears you can't either. Is it safe to assume you now acknowledge the need to increase revenues as well as cut spending?

  9. #189
    Banned
    Join Date
    Jan 2010
    Location
    Canada, Costa Rica
    Last Seen
    05-16-16 @ 09:45 AM
    Gender
    Lean
    Independent
    Posts
    31,645

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by j-mac View Post
    Plenty of cuts in there, the only thing it is depending on is who's sacred cow is going to be gored in the name of fiscal responsibility.

    Oh, and we could stop giving my money to China so they can teach prostitutes to drink responsibly while on the job.

    j-mac
    There is at least a trillion dollars to be saved in there, J-mac.

    Trouble is people get accustomed to these programs, dependent on them, and then believe them to be a "right". That's true all over the world.

    At one time Americans used to help each other and feel good about it and now they expect the government to do all of that. We can see also that it has weakened American society and divided one against the other. There is not the same American pride there once was, that's certain, and dependency can do that.

    I still feel confident though that the American people, the 'silent majority", will grab the opportunity to turn things around next November. It's a must.

  10. #190
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Obama seeks 'consolidation authority' to merge agencies

    Quote Originally Posted by Grant View Post
    Okay, it's the Huffington Post, which caters to the too far out there to take seriously crowd, and the equally vacuous NPP, but lets go with their number anyway, rounded off.
    The report was by the National Priorities Project, not Huffington Post, and is just one more source to back up the need for eliminating the tax cuts for the wealthy.


    At $12 million an hour that is $288 million per day it is "costing" the government.
    Indeed! Over a 30 year period that is over $3 trillion dollars! From the same article by another source: "The cost of tax cuts for upper income earners is the same as the Social Security shortfall for the next 75 years, the Center for Budget and Priorities estimates."

    Meanwhile the government is spending $4 billion per day. U.S. National Debt Clock

    Can you see the difference?
    Yes, I do see, that is why the elimination of the tax cuts for the wealthy will have to be coupled with huge cuts in our excessive military spending and multiple optional wars, as well as reform of our health care system.

    And the Huffington Post article assumes that the people with this $11 million dollars per hour to give to the government would just leave their money where it is. That's just silly. You can ask yourself if you would do that if you were a millionaire and then ask yourself again why you are not a millionaire.
    We know from experience its not being invested in jobs in this country, so who gives a **** what they would be doing with it overseas to line their own profits? The middle class agreed to the tax cuts for the wealthy for the last decade on the promise it would create jobs.

    Where are the jobs?
    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

Page 19 of 25 FirstFirst ... 91718192021 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •