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United States loses its AAA Credit rating from S & P

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Conservative said:
Apparently yes you are because results don't really matter on economic issues. Most of the healthcare enhancements have come from the private for profit businesses which is made this country great. Amazing how you dismiss the 14.5 trillion debt and blame it on the 1.4 trillion dollar war and people keeping more of their money. Amazing how much confidence you have for a Federal govt. that has created this debt and never solved a social problem
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That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
 
Tettsuo said:
That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
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Damn all that infrastructure and the interstate system and the national power grid and the railroads and...
 
Tettsuo said:
That's not true. Most discoveries are made in universities that are mostly funded by the government and student tuitions (many of whom took out government loans to finance their education).

The only real fantasy here is the government hasn't provided a HUGE amount of value to the lives of Americans rich and poor. Infact, the rich benefit more than anyone else as they are aided by the massive infrustructure America offers and every means of gaining wealth. Try that in Ethiopian and see how far that takes you.
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Prove it, billions and billions of dollars have been spent by Pharma companies to develop new drugs that have prolonged life. Are you paying attetntion to what you are posting. The rich benefit more than anyone else? Why is that? What is preventing you from becoming one of those evil rich people that you seem to dispise? We live in the greatest country on the face of the earth that people like you want to change. Amazing the entitlement mentality so many have today
 
Polotick said:
Damn all that infrastructure and the interstate system and the national power grid and the railroads and...
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Infrastructure isn't paid for by FIT, so I suggest you learn what FIT funds. Use taxes i.e. excise taxes on gasoline and diesel fund the roads and bridges that is until those funds were wasted by that Federal govt. you love when that money was put on budget just like SS. Keep buying what liberalism tells you and never do any research to verify the truthfulness of that rhetoric
 
Conservative said:
Link? Look at the Pfizer website, Merck, or any other phara company. What do you think these companies use R&D money for and where does that R&D money come from?
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For over 100 years, NIH has supported biomedical research to enhance health, lengthen life, and reduce the burdens of illness and disability. The Fact Sheets on this site tell the stories of research discovery, current treatment status, and future expectations for the prevention and treatment of diseases and conditions affecting the nation's health. Several of the Sheets also describe NIH policies and organizations in place to enhance public health safety and the public understanding of health science.

Search through the Fact Sheets and follow the interactive links for additional information on NIH-supported clinical studies, initiatives, and research endeavors currently underway. Each Sheet also contains links to the homepages of relevant NIH Institutes, Centers, or Offices.

Yesterday, Today & Tomorrow: NIH Research Timelines
 
Polotick said:
Damn all that infrastructure and the interstate system and the national power grid and the railroads and...
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Let me help you understand the line items in the budget. This is the General Budget for the United States, notice anything that doesn't belong there?

Expenses

Defense
International Affairs
Gen. Science, Space
Energy
Natural resources/env
Agriculture
Commerce
Transportation
Community Dev
Education/Train/Social
Health
Medicare
Income Security
Social Security
Veterans Benefits
Justice
General Govt.
Net Interest

Are you telling me that 70 million Americans paying Zero in FIT cannot pay anything in FIT to fund general expenses?
 
winston53660 said:
For over 100 years, NIH has supported biomedical research to enhance health, lengthen life, and reduce the burdens of illness and disability. The Fact Sheets on this site tell the stories of research discovery, current treatment status, and future expectations for the prevention and treatment of diseases and conditions affecting the nation's health. Several of the Sheets also describe NIH policies and organizations in place to enhance public health safety and the public understanding of health science.

Search through the Fact Sheets and follow the interactive links for additional information on NIH-supported clinical studies, initiatives, and research endeavors currently underway. Each Sheet also contains links to the homepages of relevant NIH Institutes, Centers, or Offices.

Yesterday, Today & Tomorrow: NIH Research Timelines
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Great and over the years Pfizer for example has spent billions on research and development just like every other private Pharma company
 
Conservative said:
Great and over the years Pfizer for example has spent billions on research and development just like every other private Pharma company
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Great they came with a cure for baldness:roll:
 
Polotick said:
And the cost of all that research is passed on to...


...

...

wait for it...


ME! and my medicare!!!
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The customers and shareholders of Pfizer or the other Pharma companies.

Who do you think pays for those grants to universities? Think about it

By the way I listed the line items on the budget of the United States. Plesas explain to me why Medicare and SS are included in the general fund and not the promised lockbox?
 
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Polotick said:
And the cost of all that research is passed on to...


...

...

wait for it...


ME! and my medicare!!!
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That's always the case in business.... it's not unique to the pharma industry.
 
Ockham said:
That's always the case in business.... it's not unique to the pharma industry.
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I agree with you, but it also lays to rest the claim that social spending isn't supporting the R&D, in the final cost to the customer. Any new treatment is always very expensive to recover those costs. It also drives up the cost of health insurance.

My point was to show that these things are interdependent on each other.
 
Polotick said:
I agree with you, but it also lays to rest the claim that social spending isn't supporting the R&D, in the final cost to the customer. Any new treatment is always very expensive to recover those costs. It also drives up the cost of health insurance.

My point was to show that these things are interdependent on each other.
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Wonder if illegal immigrant treatment drives up healthcare costs or lawsuits drive up costs? Hmmm
 
Polotick said:
Please. Are you really going to compare people living at or below the poverty line with wealthy corporations? What are they supposed to pay taxes with, forced labor, it's all most of them have.
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Do you really believe that one half of all Americans live at or below the poverty level? Maybe we need to redefine poverty.
 
Conservative said:
Then address the issue since no other liberal will. How much revenue do you expect to raise on increased taxes for the rich? Then compare that to the amount available from the 65 million income earners who aren't paying anything at all in FIT?
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Really? None of us have? I find that hard to believe. Besides, before answering your question about what to do with the income tax rates, we need to have a discussion on the total costs of living at various income levels, not just one single expense known as income taxes.
 
pbrauer said:
What's the reason they pay no FIT? Wasn't it your hero, President Bush, who knocked millions of taxpayers off the tax rolls? Back then conservatives heralded this, now all they can do is bitch about it - like you.
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It is a a mistake that needs correction. It was one more step toward the end of the nation.
 
Phys251 said:
Really? None of us have? I find that hard to believe. Besides, before answering your question about what to do with the income tax rates, we need to have a discussion on the total costs of living at various income levels, not just one single expense known as income taxes.
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Depends on the area of the country, doesn't it? Seems that liberals focus on the Federal Taxes that those evil rich people pay but not the state taxes and the affects that Federal Taxes on state revenue collection. People are fleeing NY in droves so what does that do to the tax base there?

I have seen a number like 700 billion over 10 years with is 70 billion a year to pay for the 1.5 trillion dollar deficit we are generating each year and not one liberal has acknowledged a downside to raising taxes with 25 million unemployed or under employed Americans. Right now 70 million Americans aren't paying any FIT, is that their fair share in your world?
 
winston53660 said:
The guy is a walking cliche.
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I like him.

Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill them. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

This is why we are doomed.
 
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Misterveritis said:
I like him.

Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill it. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

This is why we are doomed.
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Not difficult to predict where the liberal votes are going to come from and why liberals cater to the people who don't pay any FIT
 
Misterveritis said:
I like him.

Half of Americans pay no federal income taxes. Half of Americans live with their hands out looking to a politician to promise to fill them. And many of those same Americans believe that those of us who do pay nearly all of the taxes are not paying our fair share. Awesome!

This is why we are doomed.
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The number of households that don't pay federal income taxes increased substantially in 2008, when the poor economy reduced incomes and Congress cut taxes in an attempt to help recovery.

In 2007, about 38 percent of households paid no federal income tax, a figure that jumped to 49 percent in 2008, according to estimates by the Tax Policy Center.

In 2008, President George W. Bush signed a law providing most families with rebate checks of $300 to $1,200. Last year, Obama signed the economic recovery law that expanded some tax credits and created others. Most targeted low- and middle-income families.

Bi-partisan politics at work here. But, please continue to blame only one party. Obama isn't a good president, but he certainly isn't the anti-christ.
 
Conservative said:
Not difficult to predict where the liberal votes are going to come from and why liberals cater to the people who don't pay any FIT
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:thinking So suddenly the Bush tax cuts are a bad thing?
 
Conservative said:
If you wanted to be truly accurate you would say that regardless of the percentage there are millions and millions of income earners not paying any Federal Income taxes and collecting any revenue from those people would be a lot more than you can collect from those rich people that Obama wants to use for political gain.
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As I said, there are reasons for them being exempt.
 
winston53660 said:
:thinking So suddenly the Bush tax cuts are a bad thing?
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For people who think tax cuts reduce govt. revenue instead of having a spending problem, yep and that would be you and a lot of others here, not me
 
Polotick said:
The number of households that don't pay federal income taxes increased substantially in 2008, when the poor economy reduced incomes and Congress cut taxes in an attempt to help recovery.

In 2007, about 38 percent of households paid no federal income tax, a figure that jumped to 49 percent in 2008, according to estimates by the Tax Policy Center.

In 2008, President George W. Bush signed a law providing most families with rebate checks of $300 to $1,200. Last year, Obama signed the economic recovery law that expanded some tax credits and created others. Most targeted low- and middle-income families.

Bi-partisan politics at work here. But, please continue to blame only one party. Obama isn't a good president, but he certainly isn't the anti-christ.
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It's difficult to be a good president when an entire party states plainly they want to make him a one term president and that's the only goal.
 
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