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Thread: As Debt Limit Reached, Agreement Still Far Off .

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by liblady View Post
    i'm for a balanced approach, and that does include cuts to entitlement programs, along with a tax hike on those making over 150k, or hell, even 100k. we need to provide incentives for companies to create new jobs (maybe green energy?), and find ways to discourage outsourcing. perhaps raising taxes on those corporations who employ a significant number abroad. institute tariffs on imports.

    bring back inheritance tax, it really affects very few people. up the cap on social security earnings. eliminate fraud and waste....(ha...ha). most of all, get the **** out of afghanistan and iraq......and cut our aid to other countries.
    You can do all of that but unless spending is controlled none of it will do any good. A $5 trillion 'stimulus' only led to further debt of $9 trillion more.

    Government is out of control and there seems little that can stop it. Few of them seems to care very much, and are more concerned about getting re-elected.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by Badmutha View Post
    Wasnt that obvious a few trillion dollars ago?............

    Wasnt that obvious a few entitlements or Democrat social teets ago?..........

    So Yes Spending must be cut......and the Democrat Party cant bring itself to cut a frickin Cowboy Poetry Contest.



    We have a bunch of (D)runken sailors asking for a bigger credit limit.........good thing that isnt exacerbating the debt issue.

    Im betting the (D)runken sailors will be very careful with OUR MONEY...... this time........



    Well 400 lbs and 30 years later........when you still have the former human/liberal blob........maybe its time for something a bit more drastic.
    .
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    So who started two wars costing trillions of dollars while simultaneously cutting income taxes costing additional trillions?

    Who was in charge then?

    Remind me of that...

    Presidents who have added the most to the national debt, post WW2, by % (completed terms):

    1. George W. Bush (2nd term)
    2. George H.W. Bush
    3. Ronald Reagan (1st term)
    4. Ronald Reagan (2nd term)
    5. George W. Bush (1st term)

    Hmmm....

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by FilmFestGuy View Post
    So who started two wars costing trillions of dollars while simultaneously cutting income taxes costing additional trillions?

    Who was in charge then?

    Remind me of that...

    Presidents who have added the most to the national debt, post WW2, by % (completed terms):

    1. George W. Bush (2nd term)
    2. George H.W. Bush
    3. Ronald Reagan (1st term)
    4. Ronald Reagan (2nd term)
    5. George W. Bush (1st term)

    Hmmm....



    Doesn't Obama have all these folks beat, combined?
    Let evil swiftly befall those who have wrongly condemned us

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by ReverendHellh0und View Post
    Doesn't Obama have all these folks beat, combined?
    Not quite...but close.

    I know it looks like a rant, but it was just a return rant.

    This is both party's fault and both parties have to fix it.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by FilmFestGuy View Post
    So who started two wars costing trillions of dollars while simultaneously cutting income taxes costing additional trillions?

    Who was in charge then?

    Remind me of that...

    Presidents who have added the most to the national debt, post WW2, by % (completed terms):

    1. George W. Bush (2nd term)
    2. George H.W. Bush
    3. Ronald Reagan (1st term)
    4. Ronald Reagan (2nd term)
    5. George W. Bush (1st term)

    Hmmm....
    It might be wiser to look at the mess and what can be done about it rather than trying to affix blame.

    The job of the American people right now to look forward and decide who can best fix the problems which face them,if they are at all fixable. If they are looking for those who can effortlessly apportion blame to others while accepting none of the responsibility, then the people should re-elect Barrack Obama.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by hazlnut View Post
    I have no problem with tax credits and other subsidies to corporations that deliver some new product/service that vastly improves the U.S. economy - directly/indirectly.

    e.g. Verizon Wireless advance cell infrastructure. Over the last decade my cell phone bill has gone down relative to the amount of cell related products and services I am able to receive.

    Re: Moving Elsewhere - when NAFTA kicked in and GM moved plants to Mexico, did we get better cars at a better price? No. But when Toyota built plants assembly plants in Alabama, we got JOBS and better cars at a better price.

    The reduced cost in satellite telecommunications have resulted in the outsourcing of call centers. We lose jobs, but prices go down as companies lower their overhead. A trade off.

    Jobs only move overseas when their is a benefit to the company. Cheap labor, etc.
    Cheap labor is not the only factor in companies moving.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    This retarded thread is pretty indicative of why things never get done in congress.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by Grant View Post
    It might be wiser to look at the mess and what can be done about it rather than trying to affix blame.

    The job of the American people right now to look forward and decide who can best fix the problems which face them,if they are at all fixable. If they are looking for those who can effortlessly apportion blame to others while accepting none of the responsibility, then the people should re-elect Barrack Obama.
    If you'd looked at my follow-up post, you'd see what I was doing. It was only in response to someone else saying it's all Democrats' fault.

    The fault for this mess is shared. As should the burdens for the necessary fixes.

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Seems to me that many older USA citizens had thought they could outrun the problems. They had no problem with increasing spending and debt and putting the consequences off onto future generations. Now they might have to make a small sacrifice and are going balistic. Pretty sad, IMO.

    .

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    Re: As Debt Limit Reached, Agreement Still Far Off .

    Quote Originally Posted by danarhea View Post
    This is not the time for political ideologues and a "my way or the highway" approach. The economic health of the United States of America is at stake here,
    No economist or politician really knows what the tipping point is, and the non-partisan ones will clearly admit it, for the simple reason that NOBODY can possibly know what is going to happen in the mysterious future, so why the gloom and doom? Just sit back and enjoy the roller-coaster ride.

    ricksfolly

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