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Obama: No Deal Without Tax Hikes

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upsideguy said:
Of course it won't.... but it is a powerful tool in the toolbag, and you are not going to solve the deficit without it. People that refuse to consider tax increases are not serious about the deficit.
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the deficit wasn't caused by a lack of tax revenue.
 
Иосиф Сталин;1059644029 said:
I request all moderators and website administrators to proceed with the elimination of Bassman's account. His continous slandering and name calling of other users is undermining the quality of the debate and turning this place into a tavern instead of a serious political forum where one can debate with a minimum of civility.
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Are you...are you suggesting we send him to Siberia?
 
TurtleDude said:
More nonsense. jobs move because america labor and american government is too expensive
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So why does it work in Germany where labor and government are even more expensive than that of the US. Germany has a strong manufacturing base. They do not off-shore like we do here.

BTW... Germany also has much higher taxes and a superior healthcare system that all citizens participate in....
 
sangha said:
Yes it was, combined with bush*'s wars of choice
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No, it wasn't. Deficits are caused by spending more than what is being brought in. You can't spend more than you make. It's simple money management.
 
apdst said:
No, it wasn't. Deficits are caused by spending more than what is being brought in. You can't spend more than you make. It's simple money management.
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Yes it was. Deficits were caused by bush*'s tax cuts, bush*'s wars of choice, and the republicans in congress who spent our money like drunken sailors on leave

Simple money mgmt is a skill the right lacks
 
cpwill said:
....and then he has the gall to accuse Republicans of being obstinate?

seven months ago Obama said that the last thing we wanted to do was raise taxes on a poor recovery, but now he thinks that we are doing So Awesome after the last jobs report that it won't effect us? I don't think so - he knows precisely the game he is playing. At least now we know for sure who's holding this whole thing up. Obama knows perfectly well that no package that includes tax hikes will pass the House. His insistence that they be included means he is delaying. Guess he really does want to use this to campaign on after all. Everyone get ready for Obama to start threatening Seniors.


President Barack Obama declared on Monday there would be no deal on raising the government's debt limit if Republicans won't compromise, and he said he would not sign a short-term extension — raising the stakes on volatile negotiations with the clock ticking toward an Aug. 2 deadline.

"I don't see a path to a deal if they don't budge. Period," the president said in a challenge to his political opponents, accusing Republicans of having a "my way or the highway" posture on taxes.... But Republican Boehner said that tax increases are a nonstarter: "The American people will not accept — and the House cannot pass — a bill that raises taxes on job creators."...

...Sunday's sometimes testy session was shorter than some had anticipated, and it's clear neither side is willing to budge on taxes. Democrats say tax increases are a prerequisite for big spending cuts; Republicans rule out the idea unless taxes are lowered elsewhere....

even before Obama was finished speaking, Republicans were disagreeing with his insistence that a deficit-trimming deal include cutbacks in tax breaks for the wealthy and some big corporations. While the news conference was under way, Boehner's office sent two emails to his news list saying tax hikes never should have been in the discussion.

The president warned that failure to reach agreement could create another recession and throw millions of Americans out of work, painting a picture of catastrophe if a partisan stalemate is not broken and Congress fails to act....​



yup. the President needs an economic narrative for 2012, and he's going to make himself one.
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I believe tax hikes should be the last thing done because this just give the government an excuse to raise spending even more. Overlapping agencies to should be removed. Overseas bases should be closed. Foreign aid should be stopped. And anything else we do not need should be cut and cuts in funding to everything else should be done. We need to start having the government do only the basics again.
 
apdst said:
No, it wasn't. Deficits are caused by spending more than what is being brought in. You can't spend more than you make. It's simple money management.
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Obviously we can because that's what we've done. In fact, the majority of Americans do it. Lots of Americans carry some form of debt.
 
Иосиф Сталин;1059644049 said:
If Siberia means the elimination of a user's account, then yes.
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If you have a problem with a user, there's the report feature at the bottom left corner. Simply requesting that a user be permanently banned isn't going to work. I'm sure that could get the forum sued.
 
Ikari said:
Obviously we can because that's what we've done. In fact, the majority of Americans do it. Lots of Americans carry some form of debt.
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But, it don't work. Does it?
 
Иосиф Сталин;1059644029 said:
I request all moderators and website administrators to proceed with the elimination of Bassman's account. His continous slandering and name calling of other users is undermining the quality of the debate and turning this place into a tavern instead of a serious political forum where one can debate with a minimum of civility.
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Moderator's Warning:
If you feel a poster is breaking rules, please use the report post button. Do not discuss it inthread. You have been warned.
 
jamesrage said:
I believe tax hikes should be the last thing done because this just give the government an excuse to raise spending even more. Overlapping agencies to should be removed. Overseas bases should be closed. Foreign aid should be stopped. And anything else we do not need should be cut and cuts in funding to everything else should be done. We need to start having the government do only the basics again.
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Well that's a start at least. I think raising taxes is also punishment to us for not having kept a lid on the government in the first place. Ultimately everything government does, we're responsible for. We gotta pay for what we spent eventually. Part of being responsible for this mess is to accept that for our lax control.
 
apdst said:
If you have a problem with a user, there's the report feature at the bottom left corner. Simply requesting that a user be permanently banned isn't going to work. I'm sure that could get the forum sued.
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Stop stealing my lines...
 
sangha said:
Yes, it works. It always has in the US
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Not always, there was certainly a time when a man could pride himself on no debt. It's a product of the economy we have. The government can, in theory, deficit spend forever so long as there is someone willing to buy your debt. But it's not infinitely stable, and certainly not at the rate by which we are running our deficit. At some point you have to pay the piper. There is no such thing as a free lunch.
 
apdst said:
At what point did raising taxes fix the problem?
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At every point.

sangha said:
Since we're posting charts, let's see what happens when we cut taxes and spending

CHART: Lower Taxes On The Rich Don’t Lead To Job Growth | ThinkProgress
jobsvtaxeschart0628.jpg


CHART: Since 1950, Lower Top Tax Rates Have Coincided With Weaker Economic Growth | ThinkProgress
taxratesgrowth.jpg


CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress
hersh_charticle_062711-02.png
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