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Thread: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

  1. #251
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Boo Radley View Post
    Welfare by and large is nothing to the budget. So whining about 'welfare" is like being scared of a fly when you in the cage with a grizzly. Stupid.

    However, as a member of the middle class, doing rather well, you may raise taxes on me. however, know that the middle class is the driver of the economy as we spend. Above us, not so much.
    there are lots of handouts in the budget, most of them are of dubious constitutional merit. the middle class is the driver of big government spending. Until they start paying for what they use, the government's debt will get bigger and bigger because right now the middle class has the credit cards but does not pay the bills

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by winston53660 View Post
    Say what?
    the dem party wins elections by spending the money of the few for the votes of the many

  3. #253
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TurtleDude View Post
    there are lots of handouts in the budget, most of them are of dubious constitutional merit. the middle class is the driver of big government spending. Until they start paying for what they use, the government's debt will get bigger and bigger because right now the middle class has the credit cards but does not pay the bills
    A good deal to business and wealthy. Much less to the poor and middle class. Only cuts to the big three are meaningful. Tell me who is going to touch them?

    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.

  4. #254
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Boo Radley View Post
    A good deal to business and wealthy. Much less to the poor and middle class. Only cuts to the big three are meaningful. Tell me who is going to touch them?
    stop fibbing, the poor pay almost nothing for each dollar of direct government benefits they receive

    the richest 2% pay hundreds of dollars for each direct dollar of government benefits

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TurtleDude View Post
    stop fibbing, the poor pay almost nothing for each dollar of direct government benefits they receive

    the richest 2% pay hundreds of dollars for each direct dollar of government benefits
    Focus on what I actually said. And do you know what the word investment means?

    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: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by TurtleDude View Post
    the dem party wins elections by spending the money of the few for the votes of the many
    One fallacy at a time TD.

    Now then you claimed Obama got wealthy by tax hikes.

    What tax hikes?
    And how did Obama get wealthy from these supposed tax hikes?

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Catawba View Post
    Yes, political support from the middle class was required to give you your temporary tax cuts that were advertised as necessary to create jobs. Since that did not result, there is no longer any reason for the working class to allow them. Especially since the temporary tax cuts have concentrated so much wealth at the top, there is not enough left for consumers to make our economy prosper.

    You'll finally figure it out, after another election or two.
    More than likely, not! We cannot afford to allow those that want something now but can't pay for it until next Tuesday comes along. To do anything but talk.

    All one needs do is look at those Keynesian Economics play out in Chicago, L.A. and Detroit, Baltimore, New York.....huh? Actually out of 300 Worldwide cities and with the US having the Most 76 and not one of them recovering last year or the year before. Pretty much says it all about the Democrats and their ridiculous spending and waste. Even moreso since Obama declared the Recession over in 2009. The net result.....huh?

    WASHINGTON (Reuters) - Retailers moving into old downtown buildings, an abundance of freshly planted greenspaces, and a stream of new jobs in Knoxville, Tennessee, are all signs to Mayor Madeline Rogero that for the last year prosperity has been blooming in her city.

    Knoxville is a member of a very small club. Three and a half years since the 2007-09 economic recession ended, only three major U.S. metropolitan areas are experiencing an economic recovery, according to the Brookings Institution. <<<<<

    The Washington-based research group has also deemed Dallas and Pittsburgh in recovery after analyzing their employment levels and gross domestic product per capita.

    The United States has the most major metropolitan economies of all countries - 76 - according to an annual report on the 300 largest metropolitan economies worldwide that Brookings released on Friday.

    "It was still better than last year when the U.S. had no metro recoveries," Brookings Associate Fellow Emilia Istrate said.

    "People always want to know what metros are recovering, what they are doing, so they can replicate it. There is no single industry that can help, but there is an industrial structure that can help you grow year to year," she said. "More and more metropolitan areas are looking at the export sector, at foreign investors, at infrastructure."

    Any improvements could take a while to impact budgets, said Christy McFarland, who researches fiscal issues for the National League of Cities.....snip~

    Only three major U.S. cities see economic recovery: study - Yahoo! News

    The 3 major cities in the US use to make up for over 1/4th of this nation's economy. California by themselves the 8th largest economy in the world. Since the Right cannot be blamed as they have not controlled such nor been in power therein. What excuse does the Democrats have for the Repeated failures they have been all along?

    30 Republican States starting to prosper.....waasssssssssssssssssssssssup with the Rest?

  8. #258
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Boo Radley View Post
    Focus on what I actually said. And do you know what the word investment means?
    Great Idea, lets talk about investment. who do you think does it more-you or me?

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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by winston53660 View Post
    One fallacy at a time TD.

    Now then you claimed Obama got wealthy by tax hikes.

    What tax hikes?
    And how did Obama get wealthy from these supposed tax hikes?
    Obama got wealthy by winning elections. one of his major campaign promises was tax hikes

  10. #260
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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by MMC View Post
    More than likely, not! We cannot afford to allow those that want something now but can't pay for it until next Tuesday comes along. To do anything but talk.

    All one needs do is look at those Keynesian Economics play out in Chicago, L.A. and Detroit, Baltimore, New York.....huh? Actually out of 300 Worldwide cities and with the US having the Most 76 and not one of them recovering last year or the year before. Pretty much says it all about the Democrats and their ridiculous spending and waste. Even moreso since Obama declared the Recession over in 2009. The net result.....huh?

    WASHINGTON (Reuters) - Retailers moving into old downtown buildings, an abundance of freshly planted greenspaces, and a stream of new jobs in Knoxville, Tennessee, are all signs to Mayor Madeline Rogero that for the last year prosperity has been blooming in her city.

    Knoxville is a member of a very small club. Three and a half years since the 2007-09 economic recession ended, only three major U.S. metropolitan areas are experiencing an economic recovery, according to the Brookings Institution. <<<<<

    The Washington-based research group has also deemed Dallas and Pittsburgh in recovery after analyzing their employment levels and gross domestic product per capita.

    The United States has the most major metropolitan economies of all countries - 76 - according to an annual report on the 300 largest metropolitan economies worldwide that Brookings released on Friday.

    "It was still better than last year when the U.S. had no metro recoveries," Brookings Associate Fellow Emilia Istrate said.

    "People always want to know what metros are recovering, what they are doing, so they can replicate it. There is no single industry that can help, but there is an industrial structure that can help you grow year to year," she said. "More and more metropolitan areas are looking at the export sector, at foreign investors, at infrastructure."

    Any improvements could take a while to impact budgets, said Christy McFarland, who researches fiscal issues for the National League of Cities.....snip~

    Only three major U.S. cities see economic recovery: study - Yahoo! News

    The 3 major cities in the US use to make up for over 1/4th of this nation's economy. California by themselves the 8th largest economy in the world. Since the Right cannot be blamed as they have not controlled such nor been in power therein. What excuse does the Democrats have for the Repeated failures they have been all along?

    30 Republican States starting to prosper.....waasssssssssssssssssssssssup with the Rest?




    I think I've got you, as incredible as it seems to the majority of us, you think we should double down on the policies that got us where we are today. Thank you for your valuable input sir!
    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

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