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United States loses its AAA Credit rating from S & P

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Conservative said:
What is in the liberal DNA that makes them experts on every issue? The election results of Nov. 2010 put more Conservatives in positiion of power than ever before. It was a wave election Guess the people of TX are just plain miserable that they have no problem wanting more of that misery. Does it ever cross your mind that the partisan op ed pieces that you believe shine a bad light on TX could be wrong?
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Expert? Are you not just as certain of your position? As for voting, are you saying that every election has always produced the best possible results and never has gone contrary to the evidence? really?
 
The Barbarian said:
The very simple truth is, something that so call conservative politicians had gone away from, but are returning to (hopefully) is the conservative view is smaller more efficient government, with less spending and lower taxes for all.

So you are asking them to once again go against their core value, and I can understand that, because if they do, they will be voted out of office again. Something the liberals need to have happen to continue with their tax and spend policy, that they have never gotten away from.

I could see one way of raising taxes, and I can't take credit for it .. someone else posted it, and the more I thought about it .. the more I liked it.......... by law, make any tax increase go directly to the principal of our debt, can't be spent any other way. In my opinion, that will be the only way to get a tax increase passed.
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I don't believe politicians have a core value, and that they go against it any chance they get. I think we've seen that from both parties. But, having values is different than being an ideologue who cannot see beyond an ideology. Pragmatism often requires that people forsake their perfect ideology for the greater good, to actually accomplish something. Republicans have shown often that if in power, debt will become less a concern for them. They too spend, the only difference being what they spend on.

Services in and of them self are not evil or bad or wrong, but to provide services without paying them is foolish, which is why I could not understand Bush's tax cut and spend policies. They made much less sense than tax and spend, and cut spending and reduce taxes. Government should work for us, accomplish the things we cannot alone. The line for where we go too far is up to us to decide, but to demand services without paying for them is foolishness.
 
Boo Radley said:
No, we have a debt problem. To combat that problem, you cut spending and rasie (sic) revenue
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cuomo will fight you

"put it simply, the people of this state simply cannot afford to pay any more taxes, period"

he's pretty unequivocal

cuz if you don't have with you perhaps the most successful democrat leader in america today

now, there's a splinter
 
deltabtry said:
This especially applies to over time at work, for every ten hours of overtime I work the next ten belongs to Uncle Sam, therefor I don't work more than ten hours of O/T.
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That's just nonsense. Someone is having a problem with arithmetic

The highest income tax rate is 35%. How that became 100% for hours 50-60 is mathematically impossible. It must be that rightwing math that bush* used when he claimed his tax cuts would still leave enough money to pay down the debt
 
Boo Radley said:
I don't believe politicians have a core value, and that they go against it any chance they get. I think we've seen that from both parties. But, having values is different than being an ideologue who cannot see beyond an ideology. Pragmatism often requires that people forsake their perfect ideology for the greater good, to actually accomplish something. Republicans have shown often that if in power, debt will become less a concern for them. They too spend, the only difference being what they spend on.

Services in and of them self are not evil or bad or wrong, but to provide services without paying them is foolish, which is why I could not understand Bush's tax cut and spend policies. They made much less sense than tax and spend, and cut spending and reduce taxes. Government should work for us, accomplish the things we cannot alone. The line for where we go too far is up to us to decide, but to demand services without paying for them is foolishness.
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I disagree .... conservatives use to have that core value, of a smaller more efficient government, and lower taxes for all as welll, did they get away from it, hell yes they did, I've admitted that several times, it does appear at this time, that some of the newly elected republicans are getting back to that sort of core value... for that I can respect them.

As for the Bush tax cuts, I have mixed feelings, on the one hand with the dot com bubble ending, and with 9/11 happening so soon after, we needed something to jump start our economy, and it did seem to do that ... as we had pretty good growth until 2007 ... on the other hand ... going into war, you know that spending is going to increase. So were tax cuts healthy, thats just hard to say.

I can argue until I'm blue in the face that the tax cuts helped spur growth in our economy, but that can never be proven, you can argue that the tax cuts didn't spur growth in our economy, and can't prove that either. All that can be said is that after the tax cuts our economy did jump ..... why can be debated forever.
 
Conservative said:
Liberals love to talk about the mess that Obama inherited yet never talk about the AAA rating he inherited. He is the first President to oversea the decline in our credit rating. Most liberals don't seem to understand that spending as a percent of GDP is close to 100% due to the 4 trillion added to the debt during the Obama term yet they still want more tax revenue to fund the liberal spending appetite. That just shows how intellectually bankrupt liberals are.
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The rightwing thinks the first $10T of debt, racked up by repubs, has nothing to do with the downgrade :roll:
 
The Barbarian said:
I disagree .... conservatives use to have that core value, of a smaller more efficient government, and lower taxes for all as welll, did they get away from it, hell yes they did, I've admitted that several times, it does appear at this time, that some of the newly elected republicans are getting back to that sort of core value... for that I can respect them.

As for the Bush tax cuts, I have mixed feelings, on the one hand with the dot com bubble ending, and with 9/11 happening so soon after, we needed something to jump start our economy, and it did seem to do that ... as we had pretty good growth until 2007 ... on the other hand ... going into war, you know that spending is going to increase. So were tax cuts healthy, thats just hard to say.

I can argue until I'm blue in the face that the tax cuts helped spur growth in our economy, but that can never be proven, you can argue that the tax cuts didn't spur growth in our economy, and can't prove that either. All that can be said is that after the tax cuts our economy did jump ..... why can be debated forever.
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I think there is a difference between conservatives and republicans. I don't think republicans hold any such core value. Like democrats, they go the way of the most money spent on them and who they are beholden to.

I would ask you, why hold on to something you say can't be proven? If it was clear cut that tax cuts spur growth (create jobs), wouldn't the evidence clearly support it? Government doesn't control the economy, and can't, unless they are given control over the economy. Government can't create jobs, unless they do the hiring.

Politicians will say what they have to, and are only vigilent when it hurts the other party. We've seen both parties do nothing when they have all the power.
 
Conservative said:
Not big enough? How about spending it in the wrong areas? Did Reagan implement a 787 billion dollar stimulus plan to get us out of a worse recession than the Dec. 2007-June 2009 recession? NO, he implemented the right stimulus by putting money into the hands of the consumer.
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Reagan nearly doubled fed spending from 590.9B to 1,064.4B
Historical Federal Receipt and Outlay Summary
 
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ksu_aviator said:
Why would that even been important? The question isn't how the money was gained, but whether the government should have the right to penalize people that haven't committed a crime.
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Taxes aern't a punishment. They're the price for living in a civilized nation
 
Conservative said:
What kind of compromise is that when you punish one group of people or class? You want revenue, 70 million Income earners are paying zero in Federal Income taxes. Are they paying their fair share?
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And another rightwinger tosses the principle of lowering taxes under the bus in order to win an internet debate

Rightwingers have no principles; just slogans they discard when their convenience disappears
 
The Prof said:
put it simply, the people of this state simply cannot afford to pay any more taxes, period
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Says who? All the people? You know what each and every person can afford? Hell, you're good. (not)
 
Boo Radley said:
A person may very well, and often does, vote in ways that are contrary to their (sic) best interest.
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vote obama, 2012!

a person may very well, and often does, vote in ways that are contrary to his or her best interest!

LOL!
 
The Prof said:
aug 2: Americans cut spending for first time in 20 months - Yahoo! News

obama's america
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I know you think government is the answer, but you should read your own articles:

"What worries me is that businesses are deriving their strong earnings growth through productivity gains, limited wage increases and foreign activities," said Joel Naroff of Naroff Economic Advisors. "While that may be good for an individual firm, when most companies do that, income gains become so limited that spending and ultimately growth fades. That is the problem we are now facing."
 
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