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Thread: Obama: I'll cut $4 trillion

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by shades View Post
    Clinton was right place right time, if you dont know that. we really have to end this argument here.
    or you can point to a particular Clinton policy that propped up this revenue gain you speak of.
    i'm all ears.

    do you even hear yourself, tax cuts means we keep more of our money.
    The government is spending and wasting beyond belief, and your answer is we should give them more of OUR money?
    have you lost your mind.

    you speak in what CNN has told you to speak.
    Good post, I just keep wondering why people keep spouting the rhetoric and continue to believe in the leftwing ideology even though the numbers don't support their claims. What is it about an ideology that creates such loyalty?

    The left is fighting so hard to prevent people from keeping more of what they earn and claim that is an expense to the govt. That is so illogical that it is frustrating to anyone who can actually think.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Marilyn Monroe View Post
    He's got the media with him, so it will be tough, but I wouldn't underestimate the GOP. Raising taxes on the rich is popular, but it's also very scary. Jobs creation could get stifled, unemployment may go up. He's playing that rich card to death. He's got class warfare down pat. Fact is he can tax the wealthy to death, and he's still going to have to hit the MC, eventually. I personally think he has no clue what he's doing.
    If the conversation comes down to granny paying more for medical costs... Or taxing the rich, the GOP is ****ed.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Jetboogieman View Post
    If the conversation comes down to granny paying more for medical costs... Or taxing the rich, the GOP is ****ed.
    Exactly the debate liberals want as more and more people are being sold the "benefits" of the nanny state and the replacement of personal responsibility with govt. responsibility. That failed ideology is on display all over the world but the arrogant liberals believe that this group of liberals will do better than the last group of liberals. Hardly reality as liberals only create debt and dependence.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by shades View Post
    Clinton was right place right time, if you dont know that. we really have to end this argument here.
    or you can point to a particular Clinton policy that propped up this revenue gain you speak of.
    i'm all ears.
    already mentioned his method to increase revenues to cover government expenditures to the point that revenues exceeded expenses. in short, the federal deficit was turned into an annual surplus due to his policy ... notably the opposite of the republican mantra 'tax cuts' as the solution to any government problem


    do you even hear yourself, tax cuts means we keep more of our money.
    an approach which is damaging to our nation when it causes our country to face a financial crisis. but i do recognize that your position places your personal desires above the needs of our nation. it's a republican characteristic, unfortunately

    The government is spending and wasting beyond belief, and your answer is we should give them more of OUR money?
    you have probably honed in on where we differ. while there is obviously savings to be found on the spending side, what we see from the republican approach is to give tax breaks to the wealthy at the expense of the poor. this is nothing other than implementation of the republican 'starve the beast' strategy

    have you lost your mind.
    if being mindless is being concerned that we will be less able to educate our kids, provide health care for those who are in need of it, be unable to provide assistance to those who are unable to provide for themselves, then yes, i will acknowledge that definition of being mindless

    you speak in what CNN has told you to speak
    as i told you before, i intend to speak truth when confronted by stupidity. cnn has nothing to do with it
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    if the conversation comes down to whether to do something or whether to make speeches, the president is a charlatan

    ie, many underestimate the sophistication of the american electorate

    today:

    The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.

    Only 45.4% of Americans had jobs in 2010, the lowest rate since 1983 and down from a peak of 49.3% in 2000. Last year, just 66.8% of men had jobs, the lowest on record.

    The bad economy, an aging population and a plateau in women working are contributing to changes that pose serious challenges for financing the nationís social programs.

    For example, job troubles appear to have slowed a trend of people working later in life, putting more pressure on Social Security.

    Another change: the bulk of those not working has shifted from children to adults.

    In 2000, the nation had roughly the same number of children and non-working adults. Since then, the population of non-working adults has grown 27 million while the nation added just 3 million children under 18.
    More Americans leaving workforce - USATODAY.com

    hurry, harry

    write up and pass the slasher's sentiments

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by justabubba View Post
    already mentioned his method to increase revenues to cover government expenditures to the point that revenues exceeded expenses. in short, the federal deficit was turned into an annual surplus due to his policy ... notably the opposite of the republican mantra 'tax cuts' as the solution to any government problem



    an approach which is damaging to our nation when it causes our country to face a financial crisis. but i do recognize that your position places your personal desires above the needs of our nation. it's a republican characteristic, unfortunately


    you have probably honed in on where we differ. while there is obviously savings to be found on the spending side, what we see from the republican approach is to give tax breaks to the wealthy at the expense of the poor. this is nothing other than implementation of the republican 'starve the beast' strategy


    if being mindless is being concerned that we will be less able to educate our kids, provide health care for those who are in need of it, be unable to provide assistance to those who are unable to provide for themselves, then yes, i will acknowledge that definition of being mindless


    as i told you before, i intend to speak truth when confronted by stupidity. cnn has nothing to do with it
    Why are you ignoring intergovt. holdings when talking about the deficit? Are you really that brainwashed that you cannot understand that the total debt is growing?

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    Re: Obama: I'll cut $4 trillion

    Just read the article, and it seems to me that Obama's plan is rather timid. Unless I'm not understanding it, it seems that Obama isn't proposing any actual cuts in spending. Rather he wants to slow the growth of spending below the projected rate of inflation and then call that "savings". We currently have a 1.5 trillion deficit annually. If that number remained stable over the next twelve years, we'd rack up another 18 trillion in debt. Obama proposes to reduce the growth of government enough to save us 4 trillion, which still leaves us owing an additional 14 trillion, which would still double our existing debt.

    His proposal only tinkers with Medicare, targeting the always popular "waste and inefficiencies" in the system, rather than admitting that Medicare (like its cousin Social Security) is not financially feasible for the long term in its current state. Obama talked about Social Security reform, but said, "We must do it without putting at risk current retirees, the most vulnerable, or people with disabilities; without slashing benefits for future generations; and without subjecting Americans' guaranteed retirement income to the whims of the stock market." Sounds to me like he doesn't plan on changing much at all.

    The biggest problem I have with Obama's plan (and Paul Ryan's plan as well) is most of the theoretical "savings" come several years down the road, so it assumes that future Congresses and the future President will have the restraint to live within the outline being proposed today. Going on past history, I don't think that's very likely.
    Last edited by Psychoclown; 04-14-11 at 11:55 AM.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Psychoclown View Post
    Just read the article, and it seems to me that Obama's plan is rather timid. Unless I'm not understanding it, it seems that Obama isn't proposing any actual cuts in spending. Rather he wants to slow the growth of spending below the projected rate of inflation and then call that "savings". We currently have a 1.5 trillion deficit annually. If that number remained stable over the next twelve years, we'd rack up another 18 trillion in debt. Obama proposes to reduce the growth of government enough to save us 4 trillion, which still leaves us owing an additional 14 trillion, which would still double our existing debt.

    His proposal only tinkers with Medicare, targeting the always popular "waste and inefficiencies" in the system, rather than admitting that Medicare (like its cousin Social Security) is not financially feasible for the long term in its current state. Obama talked about Social Security reform, but said, "We must do it without putting at risk current retirees, the most vulnerable, or people with disabilities; without slashing benefits for future generations; and without subjecting Americans' guaranteed retirement income to the whims of the stock market." Sounds to me like he doesn't plan on changing much at all.

    The biggest problem I have with Obama (and Paul Ryan's plan as well) is most of the theoretical "savings" come several years down the road, so it assumes that future Congresses and the future President will have the restraint to live within the outline being proposed today. Going on past history, I don't think that's very likely.
    [emphasis added by bubba]
    as opposed to future history? [sorry, couldn't resist ... should place this in the pet peeves thread]

    while i agree with your conclusion, that Obama did not go far enough, i disagree with your other points
    Obama explained that 'waste and inefficiencies' would be an expression citizens would hear while this matter is being hammered out. the politicians will inveigh that such excessive spending exists but no one is able to point to specific savings to be had, despite strongly insisting that such inefficiencies and waste are rampant

    Obama and congress should adopt the deficit commission report as its template to fix our nation's fiscal problems. because he failed to do so is why i concur that Obama did not go far enough in his (excellent) address
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: Obama: I'll cut $4 trillion

    For those on the tax the rich bandwagon. Why can I never get an answer to the question as to how much should the rich be taxed if this isn't enough?

    The Tax Foundation - Tax Burden of Top 1% Now Exceeds That of Bottom 95%

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    Re: Obama: I'll cut $4 trillion

    while mature americans are almost desperate for solutions, the slasher's excellent speech yesterday said nothing

    except---campaign electioneering, partisan blaming to the extreme, class warfare and the promise of yet another congressional committee (this one headed by biden, if someone can wake him up) for the slasher to ignore

    he's gutless, clueless, small minded and mean

    it's all about him, the stagnating american economy be darned

    one week from now, where will this discourse be

    the party in power will be totally bereft when it comes to actual answers

    it will be demagoging and demonizing and the louise slaughters will be spewing their hate speech

    and you think americans won't notice

    the 2012 campaign is firming up as just more of the same, republicans will run on that

    put it IN WRITING, slash

    tick tock...

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