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Thread: Over 90% of the income gains in the first year of the recovery went to the top 1%

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Sorry but your logic fails as the links provided reviewing the PTP submitted LAST YEAR!!! Try again.

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    It's something that should be obvious and natural. The rich does have a reason why it's rich. It earned it- no sense in whining about it. Now, if one's complaining about how such a big of a gap might be harmful economically, I'm open to that, but anything that whines how the rich are getting more than anybody else and "the damn 1%ers! Run off Wall Street" or crap like that will only come as a long buzz to most people
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries" - Winston Churchill

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    Sorry but your logic fails as the links provided reviewing the PTP submitted LAST YEAR!!! Try again.
    "The non-partisan Congressional Budget Office has released a preliminary report on Rep. Paul Ryan's (R-WI) 2012 budget proposal, and the conclusions of the report show why Ryan has not been using the CBO for his numbers. Ryan has claimed that his budget would save $6.2 trillion from the federal deficit over the first 10 years. Many have noted that Ryan does not use the CBO for his projections, but instead gets his projections from some other unknown source. The CBO states that in the first ten years Ryan's budget proposal would actually increase, not decrease, the federal budget deficit.

    Continue reading on Examiner.com CBO states Paul Ryan's budget would actually increase deficit in first ten years - National Political Buzz | Examiner.com CBO states Paul Ryan's budget would actually increase deficit in first ten years - National Political Buzz | Examiner.com
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    "The non-partisan Congressional Budget Office has released a preliminary report on Rep. Paul Ryan's (R-WI) 2012 budget proposal,
    What part of this is so hard to understand? The US fiscal year runs from October to September. The budget is prepared and released sometime in Feb-Mar-Apr. Hense the '2012 budget proposal' was submitted in Feb/Mar/Apr of LAST YEAR...The budget Ryan released recently was for 2013. Just look at the date of the article you linked, April 5, 2011...Really? Or are you suggesting that he has proposed the SAME one from last year with no modifications? Don't think so..try again.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    What part of this is so hard to understand? The US fiscal year runs from October to September. The budget is prepared and released sometime in Feb-Mar-Apr. Hense the '2012 budget proposal' was submitted in Feb/Mar/Apr of LAST YEAR...The budget Ryan released recently was for 2013. Just look at the date of the article you linked, April 5, 2011...Really? Or are you suggesting that he has proposed the SAME one from last year with no modifications? Don't think so..try again.
    I see you are correct about the report date. There is little difference however. Both throw seniors to the wolves to provide even bigger tax cuts to the rich.

    Paul Ryan Budget Won't Solve Deficit Crisis
    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: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    I see you are correct about the report date. There is little difference however. Both throw seniors to the wolves to provide even bigger tax cuts to the rich.

    Paul Ryan Budget Won't Solve Deficit Crisis

    Can I presume that your concession 'I see you are correct about the report date' indicates that you were WRONG in posting the link?

    Can you point out where in the article it specifically supports the claims 'throw seniors to the wolves' and' provide even bigger tax cuts to the rich.'? Or is this another failed attempt to post a link that does not substantiate your opinions? Thanks
    Last edited by Dickieboy; 03-28-12 at 11:07 AM.

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    Can I presume that your concession 'I see you are correct about the report date' indicates that you were WRONG in posting the link?

    Can you point out where in the article it specifically supports the claims 'throw seniors to the wolves' and' provide even bigger tax cuts to the rich.'? Or is this another failed attempt to post a link that does not substantiate your opinions? Thanks
    Ryan's plan slashes funding for the elderly and the poor, increasing costs for seniors and states, and increases the tax cuts for the wealthy. That is "specifically" what's wrong with it.

    Its just more of the same redistribution of wealth from the bottom to the top that the GOP has been doing since 1981.


    Its like a slap in the face to those that got hurt the most from the Bush Recession. I think it is a foolhardy campaign strategy for those that champion for the 1% at a time of the greatest wealth inequality since before the Great Depression. November will tell the tale.
    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: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Ryan's plan slashes funding for the elderly and the poor, increasing costs for seniors and states, ...
    But so does ACA...

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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Dickieboy View Post
    But so does ACA...
    Who cuts it the most and from what areas? Are you saying the presidents plan cuts the deficit more than the GOP plan???
    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: Over 90% of the income gains in the first year of the recovery went to the top 1%

    Quote Originally Posted by Catawba View Post
    Who cuts it the most and from what areas?
    Apparantly you have done the research so tell me, who does?

    Are you saying the presidents plan cuts the deficit more than the GOP plan???
    How did you make such a leap to the deficit? I have already posted the comparison on the effect both plans have on the deficit AND debt. Did you miss it?

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