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Thread: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

  1. #61
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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by TaraAnne View Post
    Attachment 67140166

    Obama's jobs record: Better than Bush's - Sep. 18, 2012

    Report: Job losses less under Obama than Bush - The Politics Blog - The Olympian - Olympia, Washington news, weather and sports

    You are wrong on Bush 2 jobs numbers !

    Furthermore Obama never liked Bushes tax rates. They were bad for the country Bush 2 took a ten year 7 trillion dollar surplus and turned it into a 5 trillion dollar debt.
    Obama did what was best for the country in the worst finacial mess since the great depression.

    You say you want the debt and defict gone yet you do not want to give the government money? You have to understand you can just cut your way out of it that is not rational thought at all. Like I pointed out in my earlier post the way to fix the problem is there and niether party wants to do it.
    how is keeping more money in peoples' pockets bad

    what is bad was all the idiotic spending-most of which have zero constitutional support

  2. #62
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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by TurtleDude View Post
    and for millions of retirees-what are they doing on dividend rates-money that is taxed TWICE
    Property, sales, excise, state and local taxes would fall under the same category.

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by a351 View Post
    Property, sales, excise, state and local taxes would fall under the same category.
    uh you are completely wrong. those all involve different transactions

    when a company makes money that money belongs to the owners

    the same government taxes the same money twice

  4. #64
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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by upsideguy View Post
    How do you think we went for $400B (which is not the correct number, its more like $641B) to $1.2T? Its not because we suddenly increased spending. Its because revenues essentially evaporated with the recession. We went from $1.85T in income tax receipts in 2008 to $1.4T in 2009, a difference of $450B in tax receipt shortfall caused by the recession. Add to that $100B in unemployment benefit increase and you are talking about $550B in deficits caused almost exclusively by the recession. Fix the recession and you fix most of the deficit.

    See table 1.1 from the Budget for each of these numbers. Take note of the revenue fall-off from 2008 to 2009.
    Ok, but what as that got to do with my response to your post? My point is that your claim that we can address the deficit by an improving economy is not founded in the numbers. I was generous with the 5% but a more realistic percentage only makes the numbers worse...I agree that there must be revenue but there must also be spending reductions, both of a significant magnitude.
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    What I don't understand is Obama's hate for the 1% (maybe he should look in the mirror). All he wants to do with their money is redistribute it, but he says it will help with the deficit, sure for 8 days it will run the gov.

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by Dickieboy View Post
    Ok, but what as that got to do with my response to your post? My point is that your claim that we can address the deficit by an improving economy is not founded in the numbers. I was generous with the 5% but a more realistic percentage only makes the numbers worse...I agree that there must be revenue but there must also be spending reductions, both of a significant magnitude.
    well that has a better chance than raising taxes on those making over 400K a year while the dems continue to spend like drunken sailors

    the best solution-though it would castrate the power of most of congress-is actually limiting government spending to areas where there is clear constitutional authority

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by cado20 View Post
    What I don't understand is Obama's hate for the 1% (maybe he should look in the mirror). All he wants to do with their money is redistribute it, but he says it will help with the deficit, sure for 8 days it will run the gov.
    ITs to pander to the many more votes that are to be gained among those who are failures or blame their lot in life on others being successful or those who merely think they deserve more handouts and others "who can afford to" ought to pay for what these voters want

  8. #68
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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by TurtleDude View Post
    what BS-I pay many hundreds of dollars for each dollar of government service I use

    the middle class-often get more than they pay
    Quit bitching, pay more and be glad that you still have more left over than millions of us middle class and poor.

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    That makes sense, so give to the majority of America take from the minority to win the majority vote

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    Re: Obama, Republicans reach deal on fiscal cliff; Senate vote expected tonight

    Quote Originally Posted by TurtleDude View Post
    then why do you demand others pay more when they use even less than you do?
    It's very difficult to determine how much someone actually benefits from the government's presence. Yes, there's the obvious, money handouts to the moochers. Simple addition can calculate how much they're benefiting. On the other hand, how much does a business man benefit by doing business in the US? We don't have constant government turnovers. Government confiscation of all assets. We have a well educated and relatively healthy work force. We have stable currency. We have good infrastructure for transporting goods. What's the dollar value of those benefits? Does the welfare mom mooching the system benefit as much from stable currency as a billion dollar corporation?

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