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

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

    Quote Originally Posted by Grant View Post
    How can you seriously expect lower employment rates when people are too concerned about the extra taxes and regulations that they hacve to face. It is more beneficial for businesses just to move their companies elsewhere if they are not making a go of it at home. many are complaining about corporations and companies leaving but are doing everything they can to insure that will happen.

    The only one hiring is the government, and BHO wants the States to hire more people as well. That's his economic plan.
    The government is barely increasing in employment and the private sector is growing at healthy levels. Where do you get your information from?

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

    [QUOTE]
    Quote Originally Posted by Sheik Yerbuti View Post
    It's about math, not faith. Increased revenue can decrease deficits. If spending goes up and cancels out that decrease, Republicans are just as much to blame as Obama since they control the House and the House controls spending.
    Yes, it's all about who's to blame now. It ends with a whimper, not a roar.

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

    Quote Originally Posted by Sheik Yerbuti View Post
    The government is barely increasing in employment. Where do you get your information from?
    Federal Workforce Continues to Grow Under Obama Budget

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

    Grant, How could we possibly repay the $2.6 trillion dollars to SS without letting the tax cuts for the wealthy expire?
    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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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by Grant View Post
    It doesn't matter. that 2% will not be enough to cover SS.
    So then raise the cap on SS taxes.

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

    Quote Originally Posted by winston53660 View Post
    So then raise the cap on SS taxes.
    That's not up to me.

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

    Quote Originally Posted by Grant View Post
    That's not up to me.

    You could always write the President, or your Congress critters

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

    Quote Originally Posted by Grant View Post
    It doesn't matter. that 2% will not be enough to cover SS.

    The boomers are aging, and people are living longer than ever, and there will be fewer working adults to support them. There are more Americans on disability now than there have ever been before, and that's a habit that's hard to break. The government has added health care to the social platter and the boomers will expect to be looked after there as well. Plus there is the accumulating interest on the debt, as well as the debt itself.

    I doubt that the American people can pull themselves out of this mess, largely because they are no longer serious or even understand that a very serious problem exists. I have always been very pro American, and defended her wherever I went, because the world needs America and what it represents. But I no longer have confidence in the American people. This generation, my generation, has squandered it all away.

    American Cities Going Bankrupt | Global Research


    "The cost of closing Social Security’s 75-year shortfall is equal to the revenue lost from the Bush tax cuts for the richest 2% of Americans."
    Social Security FAQ | Strengthen Social Security


    What I was asking though was how do you propose the country repay the money it owes to SS? Or, do you think we should just abandon our financial obligations for the first time in the history of this country? And what effect do you think that would have on the country's credit rating?
    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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    Re: No Fiscal Deal Without Higher Tax Rates On Rich, Obama Says

    Quote Originally Posted by iguanaman View Post
    Especially Defense spending, right?
    Right!

    If my deployment taught me nothing else it's that the US has no business being in Afghanistan. I understand that Obama is following the Bush withdraw plan but we should never again over extend out troops like that. Let the civil war occur. It's natural and, dare I say, healthy for the indigenous people in the long run.

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

    Quote Originally Posted by Sheik Yerbuti View Post

    Where do you get your information from?

    Ahh, a reality-spinning biased rightwing blog. Nice of you to admit you're not interested in facts.

    Here are the problems with what you claimed ("The only one hiring is the government"); with what you tried to confirm it with (Heritage Foundation).

    1. That article is two years old. How on Earth do you rely on an article from 2 years ago to make a claim on the state of growth today?

    2. That article doesn't include all government agencies. Just the ones with which they can establish their biased numbers on.

    3. The article starts counting from the end of 2007, 14 months before Obama was even sworn in.

    4. It bears no resemblence to reality in terms of government employment growth under Obama.

    In reality, there are fewer government employees today than there were when Obama became president. So for you to make the falacious claim that the only one hiring is government only serves to reflect your knowledge based on where you get your information from, which you readily confess is biased rightwing blogs. Hopefully, this will serve as an eye opener for you.

    Jan-2009: 22,576,000
    Nov-2012: 21,962,000


    BLS: Government

    That's a decrease of 614,000 government employees. In fact, the number of government employees has decreased every year under Obama, including this year (so far). Yet here you are claiming that the government is the only one hiring. Meanwhile, the private sector has added 5.1 million jobs over the last 33 months of consecutive growth. Reality dictates that it's the private sector growing, not the government.

    Another thing ... under George Bush, when the government was doing the hiring your BS Heritage Foundation article claims, the government grew by over a million and a half jobs. Had the government increased like that under Obama instead of shrinking, the unemployment rate today would be somewhere around 6%.

    You have a lot of nerve, I'll grant you that.

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