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Thread: State of the Union Address

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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Not a different question at all, where does the money come from to fund those IOU's?
    Your question - what those dollars will be worth when you retire and the debt is paid - is a separate issue from IF we should honor those debts.

    Yesterday, you made a repeated fundamental error on the issue of double taxation and you only relented when many posters pointed it out to you. Now this is todays fundamental error.
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    Re: State of the Union Address

    Quote Originally Posted by Boo Radley View Post
    Please try to understand, no is claiming raising taxes puts people to work. So, don't be silly. I am saying tax cuts don't put them to work either. Government does not control the economy. Sorry, it doesn't work that way. Jobs will come when the cycle moves around again to where there is enough reason to believe people will buy that business sees reason to grow. The government cannot control that. It is a mistake in reasoning on your part to look to governemnt to fix this problem.
    Tax cuts put more money into the hands of the consumer and it is the consumer that drives the U.S. economy. The govt. controls how much spendable income the individual has by the taxes they demand. More taxes equals less spendable income, lower taxes means more spendable income. Any idea which one benefits the economy the most?

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    Re: State of the Union Address

    Quote Originally Posted by Boo Radley View Post
    Not sure what this has to do with what I said, but let's try to be clear. People do pay into SS.
    Yes, they sure do, with their payroll taxes and those payroll taxes are supposed to go into the Al Gore "lock box" for use in the future. It is a future obligation that now has IOU's supporting it, all because of the unified budget

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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Your money should go to national defense per the Constitution. You don't like spending it on wars, neither do I but there is evil in the world that wants you dead. My family members served in Iraq, did you?
    I don't think it required us to invade. And yes, I did serve, did you? If not, man up and sign up instead of asking others to fight your wars.

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    Re: State of the Union Address

    Quote Originally Posted by Harry Guerrilla View Post
    For current and near current retirees, yes.
    For everyone else, I believe it needs to be adjusted.
    And what would be the age cutoff for that "adjustment"?

    What would be the nuts and bolts of that "adjustment"?
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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Tax cuts put more money into the hands of the consumer and it is the consumer that drives the U.S. economy. The govt. controls how much spendable income the individual has by the taxes they demand. More taxes equals less spendable income, lower taxes means more spendable income. Any idea which one benefits the economy the most?
    For those who spend, not nearly enough. The wealthy largely don't spend, and are not effected by tax cuts in any real way. Business also won't spend just because they got a tax cut. It simply does not work that way. For it work, you need those people already paying no federal taxes to get a huge cut. Do you see that happening?

    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: State of the Union Address

    Quote Originally Posted by haymarket View Post
    Your question - what those dollars will be worth when you retire and the debt is paid - is a separate issue from IF we should honor those debts.

    Yesterday, you made a repeated fundamental error on the issue of double taxation and you only relented when many posters pointed it out to you. Now this is todays fundamental error.
    My repeated error is trying to deal with bureaucrats like you who believe the govt. is the answer as you try to implement govt. help in your state, one that is a liberal disaster due to your kind of help. Inflation affects every American and I am still waiting for you to explain how those IOU's are going to be repaid and what that does to the value of the "benefit" that the retiree is going to get.

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    Re: State of the Union Address

    Quote Originally Posted by TheNextEra View Post
    I don't think it required us to invade. And yes, I did serve, did you? If not, man up and sign up instead of asking others to fight your wars.
    Yes, I did serve and whether or not you supported the war is irrelevant, we went to war and won the war but are now losing the peace. Defense is the role of the Federal Govt. not social engineering. You can argue whether or not fighting in Iraq serves our national defense but you cannot argue in support of social spending to solve local personal responsibility issues.

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    Re: State of the Union Address

    Quote Originally Posted by Boo Radley View Post
    For those who spend, not nearly enough. The wealthy largely don't spend, and are not effected by tax cuts in any real way. Business also won't spend just because they got a tax cut. It simply does not work that way. For it work, you need those people already paying no federal taxes to get a huge cut. Do you see that happening?
    How do you know what the rich do with their money? Does charitable giving go up or down when taxes are cut? What a business does with their money is not your concern nor should it be. The problem you cannot seem to grasp is that it isn't the Federal Taxpayers responsibility to solve your state and local problems.

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    Re: State of the Union Address

    Quote Originally Posted by Conservative View Post
    Yes, I did serve...
    Really? What branch and unit were you with in Iraq? Or are you trying to say that since you had a relative in you "served"?

    Quote Originally Posted by Conservative View Post
    and whether or not you supported the war is irrelevant, we went to war and won the war but are now losing the peace. Defense is the role of the Federal Govt. not social engineering. You can argue whether or not fighting in Iraq serves our national defense but you cannot argue in support of social spending to solve local personal responsibility issues.
    No, it is not irrelevent and that is proof in the cost in both money and lives.

    And we can argue in support of social spending SS, welfare, etc, you just don't like it and dismiss it.

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