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BREAKING: President Obama Addresses the Nation Tonight at 9

You have yet to show that I don't understand these charts, but you have mistated what at least one chart was saying.

And the 4T in debt is the result of

1) servicing the debt produced by reagan ghwb and bush*
2)paying for Medicare D
3) reduced GDP thanks to rightwing economic policies of bush*
4) bloated pork ridden spending on Farm, Energy and Transportation bills
5) TARP

all passed under bush*. Obama has to pay for the out of control spending under bush and the republicans

I have to admit you do a good job playing this game and providing half truths. You don't have a clue as to what you are talking about because you have never once looked at the budget of the U.S. yet that doesn't stop you from making a fool of yourself. Reagan debt 1.7 trillion and Bush's debt hardly added up to 4 trillion in debt service. This really is foolish arguing with you as you won't listen, nor will you get the facts.
 
Nevertheless, SS does not contribute to deficits or the national debt. SS decrease deficits and the national debt

Yes, SS does contribute to the debt as it is in intergovt. holdings and that is part of the debt
 
Never said they pay no taxes, they pay zero in FIT, there is a difference. Just like you ignore that the rich pay a lot more than FIT.

No, you never said it

Right, this is ridiculous. you honestly believe that people making 50,000 or less cannot pay anything for the services they receive from the taxpayers?
 
I have to admit you do a good job playing this game and providing half truths. You don't have a clue as to what you are talking about because you have never once looked at the budget of the U.S. yet that doesn't stop you from making a fool of yourself. Reagan debt 1.7 trillion and Bush's debt hardly added up to 4 trillion in debt service. This really is foolish arguing with you as you won't listen, nor will you get the facts.

And again you have no response to facts. All you've got is your one fact about FIT, so you ignore everything else and resort to childish attacks.
 
1) it's a good campaign speech.

2) he's not entirely wrong.

3) how can YOU say to granny, you know what, you should pay for all your medical care yourself to give the rich a few % less in tax cuts they survived quite comfortably before.

4) there's only one loser in all this, the American people. Continue your partisan bickering, continue believing compromise is an evil thing, you deserve what's going to happen to you if you continue this game.

5) when history looks back, the only ones to blame will be yourselves.

Maybe if the granny were not led into a false sense of security of relying on the goverment for everything she would not be in a place where she would have to still money from someone who earned it. Funny how when you get robbed on the street it is theft but when the goverment does it they call it your "fair Share."
 
Intergovt debt is money one pocket owes to the other pocket. SS has a surplus and you know that.

LBJ put that surplus on budget and it has been spent, that is why we have trillions in unfunded liabilities.
 
Never said they pay no taxes, they pay zero in FIT, there is a difference. Just like you ignore that the rich pay a lot more than FIT.
People who have and AGI of $50K, do in fact pay FIT. Sorry for not being precise. People who have a AGI less the $17K pay 10%, then the marginal rate up to $69K pays 15%. Where do you get your information?
 
TP are asswipes, and those in the GOP who bend over backwards to save money for oil companies, and not making them pay their share.
So if taxes are raised on these big companies what will prevent them from raising rates at the pump? You forget companies do not pay those rates but the consumer does. By raising taxes at all in this economy will cause things to only get worse. Just look at how well it worked for the Great Depression.
 
I was talking FIT, try to keep up

No, you claimed that they didn't pay anything If you mispoke, then just say so

And will you ever respond to the points that I and others have made about the regressive nature of payroll taxes, lowered rates on capital gains, estate taxes, etc?
 
LBJ put that surplus on budget and it has been spent, that is why we have trillions in unfunded liabilities.

The rightwing should worry about all the unfunded spending they have done in the past before they start worrying about the future.
 
LBJ put that surplus on budget and it has been spent, that is why we have trillions in unfunded liabilities.
FICA is used to buy Treasury bonds, that revenue goes to the Treasury. The same thing happens when China buys Treasury Bills from us.
 
People who have and AGI of $50K, do in fact pay FIT. Sorry for not being precise. People who have a AGI less the $17K pay 10%, then the marginal rate up to $69K pays 15%. Where do you get your information?

He has yet to post one link to support his many claims, many of which have been proven to be false or misleading
 
So if taxes are raised on these big companies what will prevent them from raising rates at the pump? You forget companies do not pay those rates but the consumer does. By raising taxes at all in this economy will cause things to only get worse. Just look at how well it worked for the Great Depression.

Competition. Corps can not just raise their prices as they see fit. Corps are charging as much as they can under the circumstances. They don't belong in business if they aren't already maximizing their revenue.
 
People who have and AGI of $50K, do in fact pay FIT. Sorry for not being precise. People who have a AGI less the $17K pay 10%, then the marginal rate up to $69K pays 15%. Where do you get your information?

Take it up with the IRS who says differently
 
Competition. Corps can not just raise their prices as they see fit. Corps are charging as much as they can under the circumstances. They don't belong in business if they aren't already maximizing their revenue.

Can I ask a question, where are you going to school?
 
Aren't we still in Iraq and Aghanistan and that was not included in the graph for obama.

Yes, and part of Obama's big plan for solving the debt crisis is saving 1 trillion dollars in Iraq from a war that we are exiting and not going t spend anyway. Creative liberal accounting.
 
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