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Thread: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

  1. #21
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Jetboogieman View Post
    Well you got your wish, now you can stop bitching about the deficit... right? Because these tax cuts are gonna add a ****load more to it.
    How is allowing people to keep more of what they earn an expense to the govt and thus adds to the deficit? I keep hearing that and no one can explain it. If, and that is a big IF, govt. revenue goes down then there are "brilliant" individuals in this Administration that can come up with economic revenue projections. Stop the Damn spending and you won't have a deficit problem. Here are the line items. You get a trillion dollars less revenue, think you can find a trillion dollars here to cut?

    Expenses

    Defense 662.8
    International Affairs 38.6
    Gen. Science, Space 29.9
    Energy 4.6
    Natural resources/env 45.7
    Agriculture 14.0
    Commerce 292.5
    Transportation 84.4
    Community Dev 26.2
    Education/Train/Social 78.2
    Health 334.3
    Medicare 430.1
    Income Security 533.9
    Social Security 683.0
    Veterans Benefits 95.5
    Justice 53.4
    General Govt. 17.6
    Net Interest 190.9


    Total 3615.6

    I am extremely tired of that same old argument over and over again from the left that allowing people to keep more of their money is bad for the country.

  2. #22
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    In the last year those that have read my posts know that I have no love for Obama economic policies and liberal policies in general but I do take this opportunity to give Obama credit for compromising with the Republicans to extend the Bush tax cuts and move towards supply side economic policy in recognition that what he has done up to now has failed. I did find it interesting that he said this was the right move for the American people so that raises the question why did he come to that conclusion now? What took so long and why the contradiction from what he has stated over the past two years.

    I am also grateful seeing Obama go against the far left loons and seeing them going ballistic. Anything that makes the left go crazy is a good thing in my book. The negative in this compromise is adding another 13 months of unemployment payments making it now three years for millions of chronically unemployed. Can you imagine being out of the work force for 3 years and then offering a new employer anything of value? That will be some interview requiring a real song and dance by the prospective employee. Today there are 3.6 million job openings according to the labor department which would almost wipe out the entire job losses of the first two years of the Obama economic plan. Wonder how many of those being paid unemployment money will be applying?

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Conservative View Post
    In the last year those that have read my posts know that I have no love for Obama economic policies and liberal policies in general but I do take this opportunity to give Obama credit for compromising with the Republicans to extend the Bush tax cuts and move towards supply side economic policy in recognition that what he has done up to now has failed. I did find it interesting that he said this was the right move for the American people so that raises the question why did he come to that conclusion now? What took so long and why the contradiction from what he has stated over the past two years.

    I am also grateful seeing Obama go against the far left loons and seeing them going ballistic. Anything that makes the left go crazy is a good thing in my book. The negative in this compromise is adding another 13 months of unemployment payments making it now three years for millions of chronically unemployed. Can you imagine being out of the work force for 3 years and then offering a new employer anything of value? That will be some interview requiring a real song and dance by the prospective employee. Today there are 3.6 million job openings according to the labor department which would almost wipe out the entire job losses of the first two years of the Obama economic plan. Wonder how many of those being paid unemployment money will be applying?
    I just found out something. The benefits don't apply to those unemployed for 99 wks. Only those on the other tiers. Olbermann is having a hissy fit over it right now. LOL Anything that makes him go spastic, I'm all for. :-)
    Catawa is my favorite bleeding heart liberal.
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Barbbtx View Post
    I just found out something. The benefits don't apply to those unemployed for 99 wks. Only those on the other tiers. Olbermann is having a hissy fit over it right now. LOL Anything that makes him go spastic, I'm all for. :-)
    Which goes to show you..........

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by disneydude View Post
    How are Republicans proposing that we pay for the two trillion in cuts that Republicans want to give to the wealthiest Americans?
    What cuts?

    You act like the money was guaranteed. It wasn't. The tax cuts were set to expire, but it would be plain historical ignorance to suggest that was some kind of guarantee that the taxes would return to the previous rates. Tax votes happened under the last 4 presidents at least, its incompetence to have thought the same wouldn't have happened this time. NOT getting money that was never guaranteed to you is not "adding" anything. If you think at the end of the year you're going to get a Christmas bonus and so you've bought a bunch of extra stuff assuming something that isn't guaranteed will happen, and on December 1st they decide not to give bonuses, they're not "adding" to your debt because you never truly had that money in the first place.

    I don't seem to remember the Democrats, in the past 4 years that they had the congress and the past 2 years when they had EVERYTHING, deciding to do anything about the deficit. On the contrary, I watched them in two years outdo all 8 of the Bush years with regards to deficit spending. And you want to bitch because theoretical money that was never guaranteed and was ignorance to bank on won't be there?

    Wild idea, do what they should've been doing the past four years, and republicans should've been doing the 6 years before that, and spend only what they actually are getting instead of more then they get...or hell, spend less.

    The Republicans don't need to explain to you why Democrats don't get more money to waste. The tax rates returning to a higher level was never a guarantee, so how about the Democrats actually look for solutions if they want to bitch rather than complaining they can't spend money they never had?

    But thanks for not asking my question...I'll ask again since you did the shuck and jive shuffle to avoid it.

    Tell me, SPECIFICALLY, is in the Bill that republicans pushed that ADDS to the Deficit.

    Still waiting for you to back up your statement Disney...or do you dodge away again?

    That's the thing about you Republicans, you want all kinds of tax breaks for the wealthy, but you have no ideas about how to fund them.[/QUOTE]

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by danarhea View Post
    You know, neither the Republicans nor the Democrats are doing the right thing here. None of them have the intestinal fortitude to do the right thing, which is to let the tax cuts expire AND let the unemployment benefits also expire. Want to balance the budget? Do you really? Then steps must be taken, and some of those steps are going to deal out a little hurt to everybody. But IF you are really serious about getting the deficit under control, it is going to have to be done. You just won't see any of our politicians on board, though, because they are cowards.
    nonsense, the majority of mature consideration in this country, hard as it may be for you to get your head around, sincerely really does believe that raising taxes in the midst of a recession is economic suicide

    when you're in the pits, like we are, the first thing you have to do is get growth, without expansion you've got no chance, no hope

    extending the bush tax cuts---now---IS the right thing to do

    even obama was forced to concede it

    if obama and mcconnell and boehner agree, then how can anyone on the outside be considered anything less than a fringe

    try to get outside your own little box

  7. #27
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by disneydude View Post
    I expect to hear none of these right-wing Republicans complaining about the size of the deficit over the next two years....seeing that the GOP will be responsible now for adding trillions to the deficit.
    Partisan versions of history are carefully tailored to suit the electoral conditions of the moment. Today, the GOP compelled a Democratic Congress and president to extend the cuts. Tomorrow, a Democratic Congress and President added trillions to the deficit.
    Last edited by Morality Games; 12-07-10 at 11:27 PM.
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by disneydude View Post
    I expect to hear none of these right-wing Republicans complaining about the size of the deficit over the next two years....seeing that the GOP will be responsible now for adding trillions to the deficit.
    obama on THIS tax deal---"it's the right thing to do"

    "it's the right thing to do for jobs, for the economy, for the middle class, for business"

    he's still president, y'know

    stay up

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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Morality Games View Post
    Today, the GOP compelled a Democratic Congress and president to extend the cuts.
    LOL!

    poor president obama

    everything is always so unfair---when you're president

    he CAVED

    we've been for the bush tax cuts since before bush

    deal with it

    try to stay up

  10. #30
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    Re: Obama Announces 'Framework' for Deal With Congress to Extend Bush-Era Tax Cuts

    Quote Originally Posted by Conservative View Post
    Some things never change, people keeping more of what they earn is an expense to a liberal. Here are the line items for the expenses of the United States. I don't see tax cuts anywhere on the list

    Expenses

    Defense
    International Affairs
    Gen. Science, Space
    Energy
    Natural resources/env
    Agriculture
    Commerce
    Transportation
    Community Dev
    Education/Train/Social
    Health
    Medicare
    Income Security
    Social Security
    Veterans Benefits
    Justice
    General Govt.
    Net Interest

    So please explain to me what the h**l are you talking about. In your personal life when you get less income is that an expense?
    Oh Puh-lease. Reagan gave the rich one of the biggest tax cuts in the history of this country.....GWB turned around and gave them even a bigger cut. As a result of Bush's tax cuts, the wealthy benefitted exponentially over the middle class and the working class and GWB's tax cuts drove this country to the brink of bankruptcy. The responsible thing would be to not only return our tax code to pre-Bush....but also pre-Reagan....the time when working class Americans could afford to buy a home. Where real "family values" allowed for a one parent working family.
    Republicans love to talk fiscal responsbility...but what they really mean is tax breaks for the wealthiest Americans and this was clearly exposed over the last week when Republicans refused to give tax breaks to the middle class and working class unless the wealthiest Americans get to take the largest chunk of it.

    Look at the list you put up...the only areas that Republicans are willing to cut are Medicare, Social Security and Education.
    <font size=5><b>Its been several weeks since the Vegas shooting.  Its it still "Too Early" or can we start having the conversation about finally doing something about these mass shootings???​</b></font>

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