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House GOP blocks bill to extend jobless benefits

They take the assumptions given them by the Congress and make projections based upon those assumptions. If the assumptions are wrong then the predictions are wrong and that happens most of the time.
Which assumptions, in this particular instance, are incorrect?
 
LOL, unfunded tax cuts? Here are the budget items for the U.S.Govt. Do you see tax cuts as a line item? How can people keeping more of what they earn be an expense to the govt? where do you think corporate profit taxes come from?

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Net Interest

We would have more revenue if not for the tax cuts.

Rinse, Repeat.
 
That is your opinion but then again I am sure you always spend more when you have less take home pay. Still waiting where corporate profit taxes come from?

I'm not having my taxes raised. :lol:

They come from profit. I know, we should tax them at only 1% then we could buy the world!
 
I can't help but notice that GOP cites the CBO with regularity when it suits their purposes.
As do the Dems.

These parties are playing their partisans.
 
I'm not having my taxes raised. :lol:

They come from profit. I know, we should tax them at only 1% then we could buy the world!

Probably because you are one of the 47% that don't pay any net income taxes.

So corporate taxes come from profits? Interesting, so when people have more spendable income does that have any affect on profits? I am sure that someone as bright as you can figure out that corporate profits come from consumer spending and if taxes go up consumers have less money to spend thus affecting corporate profits which you said that made up most of that revenue increase after the tax rate cuts.

I suggest going to the U.S. Treasury site and find out what part of that revenue increase came from individual income and corporate taxes?
 
I can't help but notice that GOP cites the CBO with regularity when it suits their purposes.
As do the Dems.

These parties are playing their partisans.

Probably yet I never cite the CBO except to prove a liberal wrong when their original projections are revised, i.e. the healthcare costs that originally claimed that costs would go down but were then revised upwards showing that costs would actually increase which obviously makes sense.

I prefer actual data to projections when citing facts.
 
Probably yet I never cite the CBO except to prove a liberal wrong when their original projections are revised, i.e. the healthcare costs that originally claimed that costs would go down but were then revised upwards showing that costs would actually increase which obviously makes sense.

I prefer actual data to projections when citing facts.


So you cite them when it suits your purpose just like Simon said:lamo
 
So you cite them when it suits your purpose just like Simon said:lamo

When have I ever cited CBO numbers unless to refute someone posting them first? I accept CBO numbers for what they are, projections not accurate data. That data comes from the U.S. Treasury which is the checkbook of the U.S.
 
The answer is there, in one of the components of GDP. Go there an learn

If you have the knowledge and you are so smart and you have the evidence at your fingertips stop playing a childs game of Hide & Seek and just come out with it. Lay out the facts and figures to demonstrate beyond any doubt that cutting taxes on the rich translates into more jobs for the poor slobs underneath the wealthy.

But please, no theory, no ideology, no opinions of other fellow travelers, no opinion columns from the Cato Insititute or others of that ilk. Just the hard and cold stats about tax cuts on the wealthy in 2001 and 2003 creating jobs and prosperity for the rest of us.

Do it please.
 
Probably yet I never cite the CBO except to prove a liberal wrong when their original projections are revised, i.e. the healthcare costs that originally claimed that costs would go down but were then revised upwards showing that costs would actually increase which obviously makes sense.

I prefer actual data to projections when citing facts.
What are the facts in regards to the effects of extending the unemployment benefits?
And, where did you get them?
 
If you have the knowledge and you are so smart and you have the evidence at your fingertips stop playing a childs game of Hide & Seek and just come out with it. Lay out the facts and figures to demonstrate beyond any doubt that cutting taxes on the rich translates into more jobs for the poor slobs underneath the wealthy.

But please, no theory, no ideology, no opinions of other fellow travelers, no opinion columns from the Cato Insititute or others of that ilk. Just the hard and cold stats about tax cuts on the wealthy in 2001 and 2003 creating jobs and prosperity for the rest of us.

Do it please.


The site isn't partisan it is non partisan and shows the four components of GDP, one of them is trade showing import and exports which will show how much is going out and how much is coming in.

As for the affect of cutting taxes, I really am sick and tired of arguing the benefits of you or anyone else keeping more of their money. It is a waste of time, so tell you what, if you even have a paycheck, send it to the govt. and let them send back to you what they think you deserve.

The fact remains, it is the income earners money first before the govt. takes it. Penalizing someone by taking more of their money and allowing 47% of the people to not pay any Federal income taxes should be the issue with you and anyone else that says they are concerned about fairness. That just goes to show you really don't care about fairness.

It is basic common sense that human behavior plays a major role in job creation. People spending more of their money affects demand for goods and services which then creates the demand for jobs. Tax cuts means people keeping more of their money and the cite I gave you will show the affects of those tax cuts on govt. revenue, and economic growth. You can then go to BLS.gov and find how that affected jobs.

What you will find is that Bush took a 9.9 trillion dollar economy and left it at 14.4 trillion. You will also find that his tax rate cuts that went into effect in July 2003 grew govt. revenue and created 8.5 million jobs until the financial crisis hit in 2008. His net job increase in 8 years was 6.5 million jobs. In two years Obama has lost 4 million jobs.

Study the numbers then ask questions. I would be happy to explain them to you.

Employment, Hours, and Earnings from the Current Employment Statistics survey (National)
 
What are the facts in regards to the effects of extending the unemployment benefits?
And, where did you get them?

Since extending unemployment benefits costs the taxpayers money the benefits don't offset the expense of those benefits in terms of deficit, debt service, or economic growth. Most of the spending from unemployment insurance goes to what is needed and nothing else thus there isn't much benefit to economic growth or job creation. Further it destroys incentive to find a new job until those benefits run out.
 
So are you breaking with the various conservative, right wing and GOP spokespersons who keep insisting that we should extend the tax cuts on the wealthiest 2% because they insist it will create jobs? After reading your latest post that is what it certainly looks like to me.

It is basic common sense that human behavior plays a major role in job creation.

Screw common sense. And add to it ideology, opinion, axioms, belief and theory. I want facts. Hard and cold facts. And I am not talking about that link you keep posting with god only knows what it suppose to be there that you think is important.
 
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Since extending unemployment benefits costs the taxpayers money the benefits don't offset the expense of those benefits in terms of deficit, debt service, or economic growth. Most of the spending from unemployment insurance goes to what is needed and nothing else thus there isn't much benefit to economic growth or job creation. Further it destroys incentive to find a new job until those benefits run out.
How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?

How did we suddenly come to have a bumper crop of lazy people at the exact same time a global and national economic crisis? Could the two be linked? Does an economic crisis make people lazy?
Or could there be another explanation beside the sudden onset of laziness en masse as to why we have almost twice as many unemployed people than we have had in recent memory?

I would like to examine the source of your facts. Can you please provide a link to your source?
 
So are you breaking with the various conservative, right wing and GOP spokespersons who keep insisting that we should extend the tax cuts on the wealthiest 2% because they insist it will create jobs? After reading your latest post that is what it certainly looks like to me.

I don't support raising the taxes on anyone, never have and never will. Why is it you have a problem with people keeping more of their own money regardless of the income level? Where is your outage over 47% of the income earners paying zero in net Federal Income Taxes? Right now we have at least 16 million unemployed Americans and probably millions more so raising taxes does nothing to get these people back to work and that is where the focus is. Think about it, this Administration claims it puts a 700 billion hole in the deficit and liberals buy it. First of all it is 700 billion over 10 years or 70 billion a year if that money even gets to the govt. Doubt that 70 billion in additional revenue will have a lot of affect on the Obama 1.3 TRILLION deficit but instead will do more harm as it takes that 70 billion from income earners.
 
How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?

How did we suddenly come to have a bumper crop of lazy people at the exact same time a global and national economic crisis? Could the two be linked? Does an economic crisis make people lazy?
Or could there be another explanation beside the sudden onset of laziness en masse as to why we have almost twice as many unemployed people than we have had in recent memory?

I would like to examine the source of your facts. Can you please provide a link to your source?

I have given you two sites, BEA.gov and BLS.gov. There are 4 million more unemployed today vs. when Obama took office and since Obama took office the GDP job creation has been terrible with those millions collecting unemployment benefits. The results speak for themselves. No job creation, meagar economic growth, loss of tax revenue to the Treasury. Obama will claim that things could have been worse when the reality is one can only point to what actually happened.
 
from Conservative

Why is it you have a problem with people keeping more of their own money regardless of the income level?

Because I have heard all the weeping and gnashing of teeth from the right wing and they have made a believer out of me. They have convinced me that we have to do something about our outrageous national debt and it is something we have to do now. I will stand up proudly and salute the flag and follow the wishes of the conservatives and support steps to reduce the debt and deficit by allowing the already negotiated tax rates to go back to pre-2001 levels as promised.




Where is your outage over 47% of the income earners paying zero in net Federal Income Taxes?
You, like some others here, seem to be hung up on only one tax - the income tax. The fact is that lower income people pay lots of taxes. And if you want my own personal opinion about the issue, I personally think that all people should pay taxes, even the poorest who only earns $100 a year. And they do through established taxes.
 
I have given you two sites, BEA.gov and BLS.gov. There are 4 million more unemployed today vs. when Obama took office and since Obama took office the GDP job creation has been terrible with those millions collecting unemployment benefits. The results speak for themselves. No job creation, meagar economic growth, loss of tax revenue to the Treasury. Obama will claim that things could have been worse when the reality is one can only point to what actually happened.
And BEA.gov and BLS.gov have facts from the future instead of projections?
 
How does non-spending on the part of however many thousands of people provide more benefit to the economy than spending by thousands of people--even if only on what is needed?

How did we suddenly come to have a bumper crop of lazy people at the exact same time a global and national economic crisis? Could the two be linked? Does an economic crisis make people lazy?
Or could there be another explanation beside the sudden onset of laziness en masse as to why we have almost twice as many unemployed people than we have had in recent memory?

I would like to examine the source of your facts. Can you please provide a link to your source?
he can't, or won't....he fails to understand the concept that we didnt get into the economic mess we are in overnight, but expects obama to be able to fix it in two years....he mistakes republicans doing well this last election as a mandate for republicans....those drawing unemployment , for the most part, are not lazy and just wanting to live off the government teat.....they are looking for work, but there are not jobs to be had yet....it is a slow 'jobless' recovery...i know several people who are unemployed, and who look for work everyday, and i would dare him to call them 'lazy' to their face...he would have his head ripped off and shoved up his arse....
 
haymarket;1059114171]from Conservative


Because I have heard all the weeping and gnashing of teeth from the right wing and they have made a believer out of me. They have convinced me that we have to do something about our outrageous national debt and it is something we have to do now. I will stand up proudly and salute the flag and follow the wishes of the conservatives and support steps to reduce the debt and deficit by allowing the already negotiated tax rates to go back to pre-2001 levels as promised.

There cetainly is a way to handle the debt, stop the spending. How much of the budget items here are duplicated at the state level. Why do you buy that this is a revenue problem and not a spending problem? Doesn't appear that you have a clue how our economy works. There is only one ideology that isn't concerned about what you make or get to keep, think about it.

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


You, like some others here, seem to be hung up on only one tax - the income tax. The fact is that lower income people pay lots of taxes. And if you want my own personal opinion about the issue, I personally think that all people should pay taxes, even the poorest who only earns $100 a year. And they do through established taxes.

Do you understand what those other taxes are and what they fund? Think about it, when you drive a car you purchase gasoline and that price includes excise taxes which fund the roads, bridges, and other infrastructure. FICA funds SS and Medicare all which come back to the people, sales taxes fund state and local programs. Income taxes are supposed to fund the General Revenue of the U.S. and when 47% don't make any payments, where is your outrage?
 
he can't, or won't....he fails to understand the concept that we didnt get into the economic mess we are in overnight, but expects obama to be able to fix it in two years....he mistakes republicans doing well this last election as a mandate for republicans....those drawing unemployment , for the most part, are not lazy and just wanting to live off the government teat.....they are looking for work, but there are not jobs to be had yet....it is a slow 'jobless' recovery...i know several people who are unemployed, and who look for work everyday, and i would dare him to call them 'lazy' to their face...he would have his head ripped off and shoved up his arse....


Let's see, Obama was in the Congress and campaigned for the job saying he had the answers. He took office in January 2009, the recession ended in June 2009 and yet today 17 months later we have higher unemployment than we had when he took office and unemployment each month of 2010 is higher on a month to monty basis than it was in 2009 the recession year. He has added 3 trillion to the debt and meager economic growth and 4 million lost jobs. Those are Obama results that you seem so proud of. How about those election results on Nov. 2. It does appear that the American people woke up. Still waiting for you to do the same thing. Results matter, you still buy the rhetoric.
 
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