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Thread: Poll: Debt ceiling deal should include cuts and tax increases

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Misterveritis View Post
    I think you would need two tests. One for liberals and one for the real Americans...
    It is not just a matter of politics. One requires an understanding of history, a bit of science and some problem solving abilities.

    It would be interesting to see what you come up with.
    No, that it simply incorrect. If the debt ceiling is not raised the government will not be able to pay all its bills. The only question is who will get stiffed. Will it be private contractors who have performed work for the government? Will it be military personnel? Will it be foreign creditors? Will it be seniors? It's not a question of if, it's a question of who. A vote not to raise the debt limit is a vote not to pay bills that have already been incurred.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Everybody's been talking about Debt Ceiling but there is a very simple way of avoiding debt - US has so many illegal immigrants, who work here illegally thus not paying taxes and spend AMERICAN money in their countries. They get free health care, but we, citizens, still have to pay for them. If our government offered illegal immigrants greencards and work authorizations (it's at least $1000 per person), we would get a lot of money to the budget and by working legally all these immigrants would have to pay taxes etc.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Cutting taxs and spending is what got us here....raising taxs and cutting spending is what will get us out...BALANCED APPROACH compromise GET IT DONE

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by lpast View Post
    Cutting taxs and spending is what got us here....raising taxs and cutting spending is what will get us out...BALANCED APPROACH compromise GET IT DONE
    Sounds right to me.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by lpast View Post
    Cutting taxs and spending is what got us here
    untrue

    The federal government's financial condition deteriorated rapidly last year, far beyond the $1.5 trillion in new debt taken on to finance the budget deficit, a USA TODAY analysis shows.

    The government added $5.3 trillion in new financial obligations in 2010, largely for retirement programs such as Medicare and Social Security. That brings to a record $61.6 trillion the total of financial promises not paid for.

    Medicare alone took on $1.8 trillion in new liabilities, more than the record deficit prompting heated debate between Congress and the White House over lifting the debt ceiling.

    Social Security added $1.4 trillion in obligations, partly reflecting longer life expectancies. Federal and military retirement programs added more to the financial hole, too.
    U.S. funding for future promises lags by trillions - USATODAY.com

    it's demographics

    61.6T, growing by 5.3 per---there's not enough revenue conceivable

    drops in oceans

    if something isn't done NOW to fundamentally restructure our entitlement budgets, then our big 3 federal programs (and state and federal pensions too) will collapse

    if you love medicare, if you don't want lbj's baby to die...

    leadership, anyone?

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by The Prof View Post
    untrue



    U.S. funding for future promises lags by trillions - USATODAY.com

    it's demographics

    61.6T, growing by 5.3 per---there's not enough revenue conceivable

    drops in oceans

    if something isn't done NOW to fundamentally restructure our entitlement budgets, then our big 3 federal programs (and state and federal pensions too) will collapse

    if you love medicare, if you don't want lbj's baby to die...

    leadership, anyone?

    Yes, we definitely need leadership to upgrade our health care system like the rest of the industrialized nations have done, and cut the military spending and wars and tax cuts for the rich that depleted our SS trust funds.

    I am so glad to have a party in control that is working on those very problems, even if the GOP is trying to block that leadership at every opportunity. Good point Prof!
    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: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Catawba View Post
    cut the military spending and wars
    Obama sends 30,000 more troops to Afghanistan - World - CBC News

    Obama's unauthorized war on Libya costs $9,421,000 a day - latimes.com

    and tax cuts for the rich
    Obama Calls Tax Cuts the 'Right Thing to Do'

    At Obama's side, Clinton backs tax deal - politics - White House - msnbc.com

    that depleted our SS trust funds
    lockbox, anyone?

    I am so glad to have a party in control that is working on those very problems
    Obama Seeks Social Security Cut In Debt Talks - KCRA Sacramento

    you talk about yourself too much
    Last edited by The Prof; 07-28-11 at 02:38 AM.

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    I agree with you, the war should be ended quicker than Obama is proposing. Unfortunately, none of the GOP presidential candidates are calling for an earlier withdrawal, and the choice we had in 2008, thinks Obama's timetable for withdrawal is too soon.

    So it looks like we made the right choice in '08!


    Again, I agree, unfortunately, the GOP has never had the balls to agree with us and vote to cut the spending on it!


    The majority of Democrats voted against the tax cuts and the majority of Republicans voted for the tax cuts. Sorry Prof, looks like your party let you down again?



    Al Gore's proposal. We chose the beer drinker instead, remember? Kind of a moot point now though since Bush mostly depleted the SS trust funds in his 8 years for wars and tax cuts for the rich.


    From your article:

    "President Barack Obama is seeking $3 to $4 trillion in deficit cuts over the next decade, a move that would require putting Social Security, Medicare, defense spending and tax reform on the table as part of a balanced approach to cuts, Democratic officials familiar with the negotiations told CNN."

    Bravo, its about time we had leadership for some real deficit reduction!!!
    Last edited by Catawba; 07-28-11 at 03:02 AM.
    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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    70% don't want Obamacare. We're citing polls now???

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    Re: Poll: Debt ceiling deal should include cuts and tax increases

    Quote Originally Posted by Misterveritis View Post
    I think you would need two tests. One for liberals and one for the real Americans...
    It is not just a matter of politics. One requires an understanding of history, a bit of science and some problem solving abilities.

    It would be interesting to see what you come up with.
    You know when you divide groups into liberals and "real Americans" it really makes you lose at a lot of credibility and is kind of disturbing overall. This us vs them mentality has proven very dangerous throughout history.

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