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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 liblady View Post
    lol...do you think i'm poor? i am middle class and i specifically posted that i could stand a bump. and i am a liberal. the lower middle class and poor already have enough of a burden, don't you think? a true patriot would care about his fellow citizens.
    The lower middle class and poor currrently have no income tax burden whatsoever. Their total Federal Tax liability (income tax, FICA, corporate tax, excise) has steadily decreased for at least 30 years and is at its lowest level in terms of both share of total tax burden and total effective federal tax rate.

    So, no - the lower middle class and poor probably don't have enough of a burden.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by liblady View Post
    lol...do you think i'm poor? i am middle class and i specifically posted that i could stand a bump. and i am a liberal. the lower middle class and poor already have enough of a burden, don't you think? a true patriot would care about his fellow citizens.


    Let's not make this a contest of I care more for my fellow citizens than you do, silly. I have no idea what you mean by middle class, nor do I know what you mean by a "bump". So the words have little meaning without context. The president says that people who makes more than $250K are rich and should pay more while those below that level should pay less than they paid under Clinton.So unless your statement menas your family earns for than $250K, the bump you talk about is just that, talk.

    I on the other hand said that the "rich" even using Obama's definition which I do not agree with should not make a big deal about the 4% increase in their rates. I say that although my taxes are already much more than the average American's income. I was lucky enough to do well, and have no problem paying a higher percent than others who do less well.

    I also think that the lower middle class, whatever that means, should also pay more if they want an expanded government. If they say it would be great to have some of this stuff, but I can't afford it that is fine. But to say I want more, but want to contribute less in my view is, harshly stated, unethical.

    The reality is I am essentially done, that is I made it to retirement so how the economy does in the future will impact me less, if I watch my investments. But I do not a son not yet out of college and from a selfish point, I do not want him and his generations saddled with the debt of a couple of generations that lived beyond it's means and passed the bill to him, his cousins and all other young Americans. At the pace we are on and adjusting for a real interest rate this country will be paying nearly a trillion dollars a year essentially to foreigners to pay for a debt they did not incur. So if the country grows at 4% a year,which will be hard to a mature economy, the next generation's standard of living will stagnate at best.

    All the sound and fury I read on this site sometimes drives me nuts. Just partisan back and forth without really lookinf into the depths of the problems we face and just repeating the talking points from both sides of the aisle.

    I had hoped for more when I entered this site. Probably unrealistic on an internet site that seems to thrive on soundbites.

    Sorry for lengthy outburst, not intended at you just this venue seems to be a disapoinment. Looking at the bright side, it is getting warmer where I live so I will spend more timeon the golf course and less time with this stuff.

  3. #353
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by The Prof View Post
    1. why didn't president slash submit his "proposals" in writing?

    2. when do you expect him to?

    3. when will harry reid put forward a plan of action?

    4. what exactly will it include?

    5. why did the president's 2012 budget raise borrowing 20% over awful 09?

    6. why did the party fail to produce a blueprint for 11?

    7. why did the president punt on the bush/obama/clinton/boehner/mcconnell tax cuts until the last possible second?

    8. why did the slasher mention nothing about this new "plan" of his in his state of the union, just last january?

    9. why has the senate failed to move on hr1, neither up nor down nor sideways?

    10. what happened to bowles-simpson, slash?

    leadership, anyone?
    He's leading. He said he's going to put Biden in charge of another commission that will hammer out the details for him. I'm sure he's too busy to get into specifics or acctually lay out some real numbers. Besides, he's staying above the fray this way.

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
    John F. Kennedy
    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by GPS_Flex View Post
    He said he's going to put Biden in charge of another commission
    you mean like bowles-simpson?

    LOL!

    when the slasher has anything of SUBSTANCE we'll see it IN ACTION in harry reid's senate

    hurry, harry!

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    Re: Obama: I'll cut $4 trillion

    the slasher promised us all a hundred times he would never raise taxes on anyone under 250K

    but obamacare contains more than THREE QUARTERS OF A TRILLION DOLLARS in new "revenues"

    Director's Blog Blog Archive Additional Information on CBO’s Preliminary Analysis of H.R. 2

    credibility, anyone?

  6. #356
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    Re: Obama: I'll cut $4 trillion

    campaign slogans, class hate, demagoguery and hyper partisanship are NOT what the american people want

    in times like these

    today: Obama Job Approval at 41%, Tying His Low

    it's your move, harry

    either put up (and fast) or the slash is gonna be forced to shut up

    every day, until we get one, mature and sober americans are gonna demand to SEE that plan

    in its SPECIFICS

    seeya at the polls, pals

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by The Prof View Post
    you mean like bowles-simpson?

    LOL!

    when the slasher has anything of SUBSTANCE we'll see it IN ACTION in harry reid's senate

    hurry, harry!
    Exactly. Only this time they will get it right.

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
    John F. Kennedy
    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by The Prof View Post
    campaign slogans, class hate, demagoguery and hyper partisanship are NOT what the american people want

    in times like these

    today: Obama Job Approval at 41%, Tying His Low

    it's your move, harry

    either put up (and fast) or the slash is gonna be forced to shut up

    every day, until we get one, mature and sober americans are gonna demand to SEE that plan

    in its SPECIFICS

    seeya at the polls, pals
    There is one man in the country excited about Barack Obama and that is Jimmy Carter who up to this point has been considered one of America's worst Presidents. Now that title will go to Barack Obama. Jimmy Carter says Thank you, Barack!!

  9. #359
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by The Prof View Post
    sober americans seek SOLUTIONS

    barack the slasher hussein puts out SLOGANS

    Wave of Debt Payments, One Trillion Dollars Per Year

    hurry, harry!
    You know, your poetry looks pretty, but I can only take so much of it.

    Congratulations.

    You are the second person in my 6 year history at DP to go on my ignore list.

    I will evaluate you again in about 6 months.

    At that time

    If you are serious about having an honest discussion

    Without all the trolling

    You will come off the list

    Until then

    Party on
    The ghost of Jack Kevorkian for President's Physician: 2016

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by liblady View Post
    i completely disagree that we need to raise taxes on everyone.
    It's worth noting that increasing taxes on "the rich" by 4% is a drop in the bucket. We couldn't even achieve a reasonable deficit without a massive (more than 50%) across the board tax increase.

    The more we insist on only taxing the rich and limiting any cuts to social programs, the more likely it will be that the ultimate solution becomes an expensive, regressive, value added tax (meaning the poor and lower middle class will eat it anyway, and retirees can claim victory for retaining their benefits whilst paying federal tax on everything they buy.).

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