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Thread: House passes huge GOP budget cuts

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by ECU_Drummer View Post
    This isn't an attack on paying taxes, this is an attack on capitalism. What's wrong with keeping the money you rightfully earn? Isn't that part of the American Dream, "Life, Liberty, and the Pursuit of Happiness"? Why would anyone want to push for success in this country if we knew you would be taxed like a rented mule in the end? What good would come from that?
    Attacking capitalism is an attack on the quintessential principles this nation was founded on.

    There's not only nothing wrong with a man keeping what he's earned, taking it from him for no other reason that he has it is completely contrary to the American Dream.

    No one wants to push for success when the end result is a guaranteed mugging, that's true, and that's what the Mayor has been arguing.

    No good comes from shooting the geese laying the golden eggs, but that doesn't stop the Lefties from doing it anyway.

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by TurtleDude View Post
    so you think spending like drunken sailors and buying votes with money we don't have is caring about fellow americans?
    Spending like drunken sailors is spending money and blood for wars that need not be fought. Spend money for defense at cold war levels is spending like drunken sailors.


  3. #143
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by washunut View Post
    The deficit as a % of GDP during the 80s was never close to what it has been the last three years. As a matter of fact if you go back the last thrity years the deficit has not been as high in any year as it has been in each of the last three years.
    If you run up a big debt and elect to reduce your income, what do you expect to happen?
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  4. #144
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by washunut View Post
    The deficit as a % of GDP during the 80s was never close to what it has been the last three years. As a matter of fact if you go back the last thrity years the deficit has not been as high in any year as it has been in each of the last three years.
    Quite true

    But the last three years are hold a rather significant fact. The final collapse of consumer demand driven by debt in the US. Something that has been building for the last 30 years or so. The US govenment had the choice of a massive deflationary event by providing no government stimulus to the economy. But I doubt any president ( Ron Paul excepted) would have done pretty much the same as Obama has, for the most part Obama has followed the same policies as Bush when it comes to the economy. McCain would have done not much different, a couple hundred billion here or there, which when talking about 1.6 trillion deficits is rather small when it comes to differences in government spending

    Now as Keynesian theory suggests that durin good economic periods running a governmengt surplus is in order to fund government deficits during the bad years, the question would be, why was not surplus run during the bush 2 years and the good years of the reagan admin? Government surplus's certainly can be achieved. Canada, Australia ran them during the early to mid part of Bush 2 years. Meaning the US could have as well
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  5. #145
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by disneydude View Post
    House passes huge GOP budget cuts, opposing Obama - Yahoo! News

    Republicans controlling the House pushed to passage on Friday a bold but politically dangerous budget blueprint to slash social safety net programs like food stamps and Medicaid and fundamentally restructure Medicare health care for the elderly.

    The choice in the next election is becoming more and more clear. There is no question which party represents the interests of the wealthy and which party represents the interests of the rest of the country.

    The GOP fought hard earlier to preserve tax cuts for those making over 250K. Today they showed how they want to pay for those cuts...by slashing money from food stamps, medicaid and medicare.

    The GOP war on the elderly, the poor and the working class continues....
    The Republicans passed this because they know Democrats won't let it through the Senate or past the President.

    However, I did not see the outrage when Democrats included deep cuts to Medicare, in the Obamacare bill.
    In fact quite the opposite, there was praise and joy.

    For those in the know, Medicare has to be cut, so does Medicaid as well as defense spending and other programs, in order for us to bring our budget in line and pay down the debt.

    Delaying or preventing it from happening will eventually put the country in a death spiral.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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  6. #146
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Mayor Snorkum View Post
    Have you any concept of what the payments on the 107 trillion dollars of currently unfunded liabilities is going to look like your grandchildren?



    And, when Obama's fantastical debt starts hitting the fan, and the United States will not be able to export it's union manufactured junk to a world that's moved on past WWII, what's going to happen to your children and grandchildren?

    That's right, they're going to default on the loans people like you foolishly insisted we persist in taking out.



    The average American is paying roughly 50% of his wages in taxes. The nation is clearly on the wrong side of the Laffer Curve.

    Correction: The average American who pays taxes.

    Far too many citizens are freeloaders, but all you people can whine about is the 2% of the people paying 50% of the taxes. You never have anything to say about the nearly 50% of the people who pay no taxes at all.
    Well I dont expect the retired to pay income taxes on no income, or childern and students in school to pay income taxes on no income
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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Catawba View Post
    I understand the rule of law, something else you can look up, has held for the last 80 years that progressive taxes are Constitutional.

    Of course there are those that do not believe in the rule of law................

    Yes. There are those who realize the Courts are a political body and often write rulings to achieve political ends at odds with the Constititution.

    Plessy v Ferguson was not Constitutional
    Roe v Wade was fiction-based.
    Kelo v New London is clearly based in Mammon, not the Constitution.
    The Miller decision that led to the imposition of gun control laws is clearly based on falsity.
    The decisions that accepted the New Deal scams were political in nature, and almost none of them have any valid constitutional backing, especially not any of the entitlement scams, such as Social Security and the FHA.

    That's the problems lawyers have with the United States Constitution. It was written in English, and Americans can both read it and decide for themselves when the damn courts are pulling **** out of their asses.

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Harry Guerrilla View Post
    The Republicans passed this because they know Democrats won't let it through the Senate or past the President.

    However, I did not see the outrage when Democrats included deep cuts to Medicare, in the Obamacare bill.
    In fact quite the opposite, there was praise and joy.
    Are you talking about the huge savings to be made by having the government manage the Advantage Care, rather than the past practice of letting private companies provide it at a much greater cost?

    That is cutting waste, something I thought we were all interested in, except the insurance companies that have been making record profits at our great expense.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: House passes huge GOP budget cuts

    Quote Originally Posted by Lord Tammerlain View Post
    Well I dont expect the retired to pay income taxes on no income, or childern and students in school to pay income taxes on no income
    But besides the absurdities you post, there's the welfare program known as the Earned Income Tax Credit, to name one scam that exempts a solid fraction of the public from paying taxes. Everyone else, who earns more money, doesn't get that credit.

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