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Thread: More Democrats break with Obama on tax cuts

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by apdst View Post
    They control legislation that either injects, or removes confidence in the private sector. The legislation of the past couple of years has removed a truckload of confidence in the private sector.
    Business is not that depended on anything the government controls, let alone controlling something like confidence. Business much more dependent on supply and demand, whihc is why we've seen business hire and grow despite things like taxes. I won't say business doesn't watch these things, but they do not dictate what business does. They adjust and are far more sensitive to spending and buying habits of the demand , government be damned.

    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: More Democrats break with Obama on tax cuts

    Quote Originally Posted by apdst View Post
    What tax cuts? Are you talking about that 13 bucks a week bull**** that Obama pushed through?

    Also, there's a damn good reason that people aren't buying...LMAO!!!
    I was actually talking about the Bush tax cuts which are still in place. We lost jobs with those in place.

    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: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    This shouldn't be this hard. I know you think it is proof, though I can't remember what you showed me, but as I know we've had a good economy during times with a high tax rate, and a poor economy with a low tax rate, and everything inbetween, I know there is no factual evidence supporting the claim. I need look no further then right now, as those tax cuts are in place, and yet other factors mean far more than taxes. We can see that right now. So while I am certain you think and believe you showed proof, I'm just as certain I explained why it failed to meet that burden. Just as j's opinion doesn't equal objective evidence.

    And no, there is no objective evidence suggesting business is too scared. that too is little more than hyperbolic fear mongering opinion run amuck. Business hires when people buy. It really is that simple. It has seldom if ever trickled down; it more often trickles up.
    Thanks for proving my point... I knew you would come through.....


    Quote Originally Posted by gill
    You're wasting your time. Boo will argue for days that white is black and black is white. The only REAL proof is his, all others are just opinions.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  4. #234
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by upsideguy View Post
    I did not say that cutting expenses wasn't part of the solution. I only said it isn't the only solution. You can't solve the budget problem without elements of each of 1) an improved economy; 2) expense constriction and 3) increased taxes. Anyone that isn't willing to see some budget cuts AND some tax increases isn't really serious about a balanced budget or is very naive about economics and politics.
    Balanced budget is just a buzz word nowadays. There is no deficit, never was, the Fed reserve makes up the difference every year. The proof is that there's no carry-overdebt to the next year. My 2010 World Almanac shows the complete US budget from 2003 to 2008, and nowhere on all the long lists does it appear.

    Makes sense, too, because the government has to pay all debts when they are due.

    Don't take my word for it. Buy your own World Almanac and check it out for yourself...

    ricksfolly

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    I was actually talking about the Bush tax cuts which are still in place. We lost jobs with those in place.
    And, you think that raising taxes, now, is the cure for what ails us?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    Actually, no it isn't. It's their OPINION. other's have a different OPINION. I've linked them earlier. What I'm speaking of is OBJECTIVE evidence. Like, with tax cuts in place right now, where are the jobs?
    I'd say that it is more than Opinion, but rather informed opinion. In any case the "tax cuts" you speak of have been in place for long enough now that they have become the tax rate, therefore any change in them will be an increase by demo's.


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by Boo Radley View Post
    Business is not that depended on anything the government controls, let alone controlling something like confidence. Business much more dependent on supply and demand, whihc is why we've seen business hire and grow despite things like taxes. I won't say business doesn't watch these things, but they do not dictate what business does. They adjust and are far more sensitive to spending and buying habits of the demand , government be damned.

    Are you in business Joe? Or are you still a union educator?


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by j-mac View Post
    Are you in business Joe? Or are you still a union educator?


    j-mac
    I've never belonged to a union. I have done about everything you can think of, including driving a truck. Took me a long time to settle into something.

    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.

  9. #239
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by j-mac View Post
    I'd say that it is more than Opinion, but rather informed opinion. In any case the "tax cuts" you speak of have been in place for long enough now that they have become the tax rate, therefore any change in them will be an increase by demo's.


    j-mac
    I hate to break it to, you but even informed opinion can be wrong, and as people with informed opinion disagree, I keep suggesting we ned ore than just an opinion we agree with. All I'm asking for is objective evidence. I don't see why this should be difficult if it is as clear as you think it is.

    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.

  10. #240
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    Re: More Democrats break with Obama on tax cuts

    Quote Originally Posted by apdst View Post
    And, you think that raising taxes, now, is the cure for what ails us?
    No. I think it is important concerning the deficit. One single place. it won't create jobs any more than having them will. It is one of two steps needed to address the deficit. We need to cut spending and raise taxes. Both need to be done. Doing both won't fix all our probnlems either, but it will likely lower the deficit.

    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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