View Poll Results: Shouldn't we embrace Obama's fiscal cliff?

Voters
14. You may not vote on this poll
  • Yes, it is more revenue, less spending, so long Bush, hello Obama.

    4 28.57%
  • Yes, we need to take our medicine, only when it really hurts can we start to recover

    4 28.57%
  • No! We can't recover without economic growth.

    5 35.71%
  • I got an Obama phone! This is all Bush's and Congress's fault anyway.

    1 7.14%
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Thread: Embrace the Fiscal Cliff?

  1. #11
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by Henrin View Post
    All that is happening is an attack on the rich and its hardly effective. If you really want to do this tax increase plus spending cuts plan you need increase taxes all across the board, not just on the rich.
    No, that is not what is happening. The Fox class warfare effort makes you think that. Try put that aside and embrace reason. The is a sound reason to allow the middle class more leeway. Like I said, they spend. And nothing will help more than that spending.

    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.

  2. #12
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by ttwtt78640 View Post
    Tax "reform" is not going to happen in a lame duck session and we all know that. Just what are the Obama porposed spending reductions other than ending the Afghan war and accounting tricks with Medicaid/Medicare? How temporary are the SS withholding cuts? Congress has had many battles and the "cliff" was the result of the brainy "super committee" and accepted by Obama.
    Maybe, but if you're correct, it will be a failure of congress.

    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.

  3. #13
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by Boo Radley View Post
    No, that is not what is happening. The Fox class warfare effort makes you think that. Try put that aside and embrace reason. The is a sound reason to allow the middle class more leeway. Like I said, they spend. And nothing will help more than that spending.
    Fox News? Anyway, its blatantly transparent what you are doing here. In reality, what I said is exactly correct. Your plan if at all believable would call for tax increases all across the board and if you were worried about market spending you would put them in place slowly. I'm sorry you are so transparent, but its either just class warfare or ignorance on your part. You can pick.

  4. #14
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by Henrin View Post
    Fox News? Anyway, its blatantly transparent what you are doing here. In reality, what I said is exactly correct. Your plan if at all believable would call for tax increases all across the board and if you were worried about spending you would put them in place slowly. I'm sorry you are so transparent, but its all just class warfare or ignorance. You can pick.
    No, what you said is not correct, but another exaggeration with no consideration of the logic.

    ANd no, that is not my plan. That is what will happen if the tactic to make congress act fails. As I said, that is no one's "PLAN."

    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.

  5. #15
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by Boo Radley View Post
    Maybe, but if you're correct, it will be a failure of congress.
    How was congress producing a bill that passed both houses and was signed into law by the mighty Obama a faliure? What we are seeing is that Obama simply has no clue and will have to accept what he signed unless he can better it. Surely you do not expect Reid to suddenly start passing magical "bipartisan" budgets.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

  6. #16
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by ttwtt78640 View Post
    How was congress producing a bill that passed both houses and was signed into law by the mighty Obama a faliure? What we are seeing is that Obama simply has no clue and will have to accept what he signed unless he can better it. Surely you do not expect Reid to suddenly start passing magical "bipartisan" budgets.
    Because to avoid the cliff, they have to present a bill, a compromise. If they don't they fail. This is not difficult, or even controversial. And BTW, Ried is congress.

    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: Embrace the Fiscal Cliff?

    Quote Originally Posted by Boo Radley View Post
    No, what you said is not correct, but another exaggeration with no consideration of the logic.

    ANd no, that is not my plan. That is what will happen if the tactic to make congress act fails. As I said, that is no one's "PLAN."
    No, you see a tax increase on just rich would do little to nothing to resolve the problem and if your belief in a tax increase plus spending cuts is to be believed than tax increases across the board must be included. It is essential. Otherwise, all you are doing is either class warfare or ignorance.

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    Re: Embrace the Fiscal Cliff?

    "nothing will help more than spending"

    That was the Obama doctrine for the last four years. That's why he spent a trillion dollars on failed stimulus programs. We don't need government funded consumerism, we need actual, sustainable growth. You don't get that with shock spending cuts and tax increases on small businesses.
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    Re: Embrace the Fiscal Cliff?

    Quote Originally Posted by Henrin View Post
    No, you see a tax increase on just rich would do little to nothing to resolve the problem and if your belief in a tax increase plus spending cuts is to be believed than tax increases across the board must be included. It is essential. Otherwise, all you are doing is either class warfare or ignorance.
    No, I don't believe that. At least not all at once. Often, you start at the upper end, and then as things improve, move down a bit. That said, the idea should be to move people below upward. The loss in wages of the years, even before the recession, has led to less people making enough to be taxed. Instead of deomonizing them, we'd be better off helping workers get back to some prominence. While I can think of no law that would do the trick, but moving money form those exsorbanant CEO salaries to higher worker salaries would help the country, and more more people into an income bracket that can more readily be taxed.

    Also, now that the election is over, closing some loopholes would be prudent. As Obama has asked, and suggested openness to, republicans should bring this to the president, . . .I mean . . .if they really support that.

    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: Embrace the Fiscal Cliff?

    That impending "cliff" is a real test of whether the Republicans and Democrats can actually work together or not. If they can't even come up with a reasonable action in the face of impending disaster, then the federal government is so dysfunctional that the only solution is to toss out every incumbent and start over.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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