View Poll Results: w will this budget affect the 2012 election?

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  • It will help Obama/Democrats

    16 39.02%
  • It will help Republicans

    8 19.51%
  • Don't know

    10 24.39%
  • No change

    7 17.07%
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Thread: The Ryan/Republican Budget - 2012 elections

  1. #211
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by pbrauer View Post
    How will this budget affect the 2012 election?

    • It will help Obama/Democrats
    • It will help Republicans
    • Don't know
    • No change
    It depends on how much attention the budget gets, but it could help the GOP with their base and help the Dems with everybody else.

  2. #212
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by lpast View Post
    There were people that were gungho teaparty Nov2nd that arent for them any longer..I am one and I know others and im sure theres more middleclass republicans that are becoming aware of what the teaparty is about.
    I have no crystal ball but the Ryan plan has more potential to hurt republicans than democrats with ANOTHER huge tax reduction just for the wealthiest and corporations and of course having the middle class pay through the nose for debt reduction while they enjoy another windfall. Middleclass is going to wake up to that
    You have a point. You can't just expect the middle class to take a hit and lose entitlements. If they have to lose some, so should the wealthy... A tax increase on them would be far. We can't expect the middle to give everything up, and not the wealthy.

  3. #213
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by Zyphlin View Post
    Wow, nice godwining there.

    How about actually talking about Ryan's plan honestly and realistically, in that along with the "broad tax cuts" primarily for the wealthiest Americans that he also is removing hordes of exemptions, primarily used to most effect by the wealthiest Americans?
    he hasnt named a one

  4. #214
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by SheWolf View Post
    You have a point. You can't just expect the middle class to take a hit and lose entitlements. If they have to lose some, so should the wealthy... A tax increase on them would be far. We can't expect the middle to give everything up, and not the wealthy.
    A post chock full of common sense...Im not professing tax increases on the wealthy I never did...but the teaparty brats have proven the republican party is NOT for a working american...they have proven the teaparty wants the republican party to outwardly be the party of the rich...if the gop allows this perception to continue they will slide into a big pit and stay there

  5. #215
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by lpast View Post
    he hasnt named a one
    So because he's not said a specific one that means you can ignore the comment that they'll cut almost all existing exemptions?

  6. #216
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by lpast View Post
    A post chock full of common sense...Im not professing tax increases on the wealthy I never did...but the teaparty brats have proven the republican party is NOT for a working american...they have proven the teaparty wants the republican party to outwardly be the party of the rich...if the gop allows this perception to continue they will slide into a big pit and stay there
    One economic class loses, another gains...

    BTW... I hate hearing politicians saying we need to tighten our belts. I just graduated college, and I am living with my parents while I pay down some of my debt. I drive a beat up car, and I need a new one, but you know... my belt is pretty ****ing tight as it is. My belt was tight all through college. It can't get any damn tighter.

  7. #217
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by VanceMack View Post
    14.5 trillion in debt....World investors that are on the verge of killing our credit rating.
    It's just more political maneuvering. Don't worry about it. The rest of the world is in worse financial condition than we are. We could easily run the National Debt up to 20 trillion or more and still be the safest credit risk.

    Actually the present National Debt percentage of Federal outlay of 11.5 percent is far less than the 20.1 percent Regan ran up in 1988.

    As I said, beware of political tricks

    ricksfolly

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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by SheWolf View Post
    You have a point. You can't just expect the middle class to take a hit and lose entitlements. If they have to lose some, so should the wealthy
    and since the Ryan plan also means-tests the entitlements; aren't they losing more?

  9. #219
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by Zyphlin View Post
    Wow, nice godwining there.

    How about actually talking about Ryan's plan honestly and realistically, in that along with the "broad tax cuts" primarily for the wealthiest Americans that he also is removing hordes of exemptions, primarily used to most effect by the wealthiest Americans?
    i've tried to engage him on that front on multiple occasions. I'm thinking he just comes here to post rants and then leaves.

  10. #220
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    Re: The Ryan/Republican Budget - 2012 elections

    Quote Originally Posted by ricksfolly View Post
    It's just more political maneuvering. Don't worry about it.
    HAH. S&P isn't a political maneuver, its' the dumb money. The Credit Rating Agencies are the last to know when something is about to go belly up - they rated Enron as solid gold right up until the point where it crashed and told everyone who would listen that mortgage backed securities would never fail - and finally even they are waking up to how screwed we are. The smart money got out of bonds months ago; PIMPCO (the worlds' largest bond fund) dumped every US treasury it owned, following the lead of the hedge funds. Foriegn oil exporting states have stopped buying bonds and started dumping them. We just lost Japan. The only reason that our bond rate is currently as low as it is is becaues the Fed is printing money like a mad man and buying them to depress the price. Once that stops in June (or, potentially if we don't raise the debt ceiling - though there is no reason to suspect that this means we will have to default; that's a political talking point unrelated to reality), then the balloon goes up and we will see what our notes are really worth.

    this is exacerbated by the fact that foreign entities are purchasing overwhelmingly shorter maturities; making us incredibly vulnerable to a hike spike.

    if you're not worried now, then you are either uninformed, not living in the US, or smoking something good.

    The rest of the world is in worse financial condition than we are. We could easily run the National Debt up to 20 trillion or more and still be the safest credit risk.
    actually there are multiple entities now that enjoy lower borrowing costs than we do.

    Who has better credit than Uncle Sam? If you ask the bond market, that elite list includes Berkshire Hathaway, Procter & Gamble, Lowe’s, Johnson & Johnson, and a host of other blue-chip corporate borrowers. The U.S. government has the ability to levy taxes on the largest national economy in the world, a vast and fearsome revenue-collection apparatus, and more than two centuries of constitutional government under its belt. P&G has Tampax...


    Actually the present National Debt percentage of Federal outlay of 11.5 percent is far less than the 20.1 percent Regan ran up in 1988.
    except that government spending as a percent of GDP was also much smaller back then, he was facing an entitlement and debt crises, a much larger percentage of the debt was in longer maturities, and so it could be covered.

    Without reforms, by 2022, future revenues will only cover Social Security, Medicare, Medicaid, and interest on the debt. That means we will have to give up the FBI, the DOD, the Agricultural Department, the Department of Education... By 2046, revenues won’t even cover interest costs.
    Last edited by cpwill; 04-21-11 at 06:36 PM.

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