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

  1. #331
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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
    Thanks for the crystal ball reading!

    If you choose to believe Ryan's assumptions, that is your choice....

    Translated out of CBO-ese, what that means is that CBO hasn’t looked at whether Ryan’s budget will achieve the results Ryan says it will. Rather, it looked at what will happen assuming Ryan’s budget achieves the results that Ryan says it will."
    You DO understand the word 'budget' right? It is not my intention to validate either budget as being a certainty (as it would be impossible) but rather to show you the comparison between the two 'predictions'.

  2. #332
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    Re: Over 90% of the income gains in the first year of the recovery went to the top 1%

    And for clarity note how popular the BHO budget is in the House:

    Minutes earlier, the House also defeated Mr. Obama’s own budget, submitted last month, on a 414-0 vote arranged by Republicans to embarrass the president and officially shelve his plan.

    House rejects Bowles-Simpson, Obama budgets - Washington Times

    NOT A SINGLE DEMOCRAT VOTED FOR IT!...Really?

  3. #333
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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
    You DO understand the word 'budget' right? It is not my intention to validate either budget as being a certainty (as it would be impossible) but rather to show you the comparison between the two 'predictions'.
    If you choose to believe in smoke and mirrors, that's up to you

    The unrealistic assumptions behind Paul Ryan’s budget numbers.
    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

  4. #334
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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
    If you choose to believe in smoke and mirrors, that's up to you

    The unrealistic assumptions behind Paul Ryan’s budget numbers.
    What are the realistic assumptions behind Barrack Obama's budget?

    Anything new yet on the hopeychangey thing?

  5. #335
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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 Grant View Post
    What are the realistic assumptions behind Barrack Obama's budget?
    Yeah, what are they?
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

  6. #336
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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 AdamT View Post
    Yeah, what are they?
    Who knows?

    Does BHO even have a plan??

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