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Thread: Obama to call for new tax increases in State of the Union address

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by imagep View Post
    That's exactly why I am saying that reducing tax revenue isn't a good idea, unless we first cut spending.

    We have to depend on the same people in congress to do something, regardless of whether it is reducing tax revenue, or cutting spending. It's not like there is one group of people who are in charge of cutting taxes, and a different group that are in charge of spending.
    the government will never cut spending since spending is what buys the votes of the masses (who don't get proper feedback as to the cost since they aren't paying enough taxes)

    telling the top 5% they must be taxed and taxed to keep up with the pandering politicians do to buy the votes of the masses is idiotic

    starve the beast



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    Re: Obama to call for new tax increases in State of the Union address

    Looky what happened to the budget deficit projections after we all choked down Bush's final 2009 budget deficit...

    24dec-economist-bartlett2-blog480.jpg

    You're earth is shattering underneath your feet there Conservative.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by poweRob View Post
    Looky what happened to the budget deficit projections after we all choked down Bush's final 2009 budget deficit...

    24dec-economist-bartlett2-blog480.jpg

    You're earth is shattering underneath your feet there Conservative.
    Greetings, PoweRob.

    Our debt of $18.2 trillion is what's going to do us in, not the deficit. While it is commendable that the deficit is being reduced, that's only a measure of trade between nations. and we're buying less. We're accumulating the debt all by ourselves, and we now owe more money to more people than any other nation in history. It might already be too late to cut spending, but it certainly wouldn't hurt to try to reduce it, since we will have to pay it back, one way or another, and that means big problems coming in our future standard of living.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by poweRob View Post
    If you got a problem with 2009 budget being Bush's... since Bush submitted this budget... then perhaps you should go take your complaints up with ohh.... the ultra-conservative CATO Institute.. . . . . .
    Congress is the only body that can spend money. FYI.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by poweRob View Post
    If you got a problem with 2009 budget being Bush's... since Bush submitted this budget... then perhaps you should go take your complaints up with ohh.... the ultra-conservative CATO Institute.

    Don’t Blame Obama for Bush’s 2009 Deficit

    "The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office."

    We all await your apology.
    I asked you to show me the signed Bush budget for fiscal year 2009 and you give me an op ed piece. You should be ashamed of yourself. Yes, the fiscal year begins in October but there was no budget until Obama signed it in March 2009 and when Obama signed the budget it was with Obama spending in it and thus when you sign a contract you agree and accept responsibility for it.

    Fiscal year 2009 began with continuing resolutions which operated on 2008 numbers. Obama created the stimulus, did not credit the Treasury with TARP repayments, created the Afghanistan surge, took over GM/Chrysler, and I could go on but the most damaging to you is the following

    http://en.wikipedia.org/wiki/2009_Un...federal_budget

    The final spending bills for the budget were not signed into law until March 11, 2009 by President Barack Obama, nearly five and a half months after the fiscal year began

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by poweRob View Post
    Looky what happened to the budget deficit projections after we all choked down Bush's final 2009 budget deficit...

    24dec-economist-bartlett2-blog480.jpg

    You're earth is shattering underneath your feet there Conservative.
    Aw, yes, budget projections seem to have the same results as Obama predictions, they are wrong, seriously wrong. Deficits exceeded a trillion dollars in 2010-2011-2012 yet you still believe Obama? Interesting

    What is it about liberalism that creates people like you? Facts get in the way of your opinions

    http://www.treasurydirect.gov/NP/debt/current

    http://www.davemanuel.com/history-of...ted-states.php

    Please show me the deficits less than a trillion dollars that are NOT CBO PROJECTIONS???
    Last edited by Conservative; 01-30-15 at 10:02 AM.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by poweRob View Post
    Looky what happened to the budget deficit projections after we all choked down Bush's final 2009 budget deficit...

    24dec-economist-bartlett2-blog480.jpg

    You're earth is shattering underneath your feet there Conservative.
    Obama signed 9 out of the twelve spending appropriations bills in the 2009 budget.

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    Re: Obama to call for new tax increases in State of the Union address

    Why don't liberals understand the difference between budget deficits and national debt?

    They don't, which makes it easy to monkey with the deficit numbers to put as much lipstick on the pig as needed.

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by Erod View Post
    Why don't liberals understand the difference between budget deficits and national debt?

    They don't, which makes it easy to monkey with the deficit numbers to put as much lipstick on the pig as needed.
    They also don't seem to understand the difference between projections and actual numbers. Posting CBO projections as fact just shows how intellectually bankrupt so many people are

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    Re: Obama to call for new tax increases in State of the Union address

    Quote Originally Posted by TerryOfromCA View Post
    Congress is the only body that can spend money. FYI.
    Then perhaps you should spend your time defending Obama when republicans are in here attacking him for the economy?
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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