70 billion a year projected over 10 years is 700 billion. Get your facts straight.That's 700billion dollars you want to add to the deficit so billionaires can have more yachts. Hard to take anything you say seriously about fiscal responsibility or reducing the deficit while supporting this massive increase in deficit spending.
Yes, and they want to extend the bush tax cuts for another 10 year. That's 700 billion. Math is correct. You're supporting adding 700 billion to the defecit so people who are currently accumulating record amounts of wealth can have even more while everyone else can barely pay their bills. Makes perfect sense.70 billion a year projected over 10 years is 700 billion. Get your facts straight.
lol. So you want to throw middle class people out on the street so Bill Gates can buy another vacation home. That's real nice.You want it paid for? Ok, no more extensions of unemployment insurance. That should save us about 30 billion right there. Half of it is paid for.
Well considering deregulation played a large role in breaking the economy in the first place that doesn't seem like a good idea.You know what I want Dan?
I want the economy to turn around. I would like to see the government get its hands off regulation
Claiming to be in favor of a path out of debt is meaningless when you just started a thread to support $700 billion worth of new debt.That and massive spending cuts will have the economy and country on a sustainable path out of debt.
Which is still new debt. Calling it something different doesn't change what it is.You keep calling it new debt when it is simply planned debt.
Actually it's because they have more money then they have at any time in our history and have been paying record low taxes for the last 30+ years. It's unprecedented that they do this well and give back so little. The only other time that has come close is right before the great depression.Somehow you believe that the government deserves more money from the rich simply because *they have alot of money*
If these tax cuts helped the economy so much we wouldn't be in a recession. Taxes on the rich are low and the amount of wealth they possess is high. And still the economy is terrible and you are advocating more of the same? Doesn't make sense.You believe that tax increases in the middle of a recession somehow actually believing it only benefits millionairs and billionaires and that it is a good thing to confiscate more of their wealth will somehow help the economy recover.
No, it's very sane. The rich are benefiting more than anyone else right now so they can pay a greater share of the burden.You have not addressed how you believe that the government deserves more money from anybody, you just continue to repeat the mantra that we have big deficits and thus the rich are on the hook to pay for them. It is insanity...
Bill Gates hasn't built a computer since the early 80's. He just collects checks. Microsoft produces. Not Bill Gates. Microsoft doesn't hire people because we cut Bill Gates taxes. Microsoft create jobs because Americans can afford to buy a new computer. Right now they can not.Keep demanding more from the producers
That's because it hasn't been disproven. Unfortunately, economies are way to complex to point to one thing as the cause for a down one. It is believed by many that regulation is what's killing us. At some point it becomes too much. We can't protect everybody from everything. Every time something bad happens in this country we make some new law which generally makes life for everyone a little bit tougher. When is it enough? When do we stop? Now we have body scanners in airports. What's next? A robot that sticks it's arm up your rectum to make sure there are no bombs hiding up there? Regulation is killing this country! If the powers that be would enforce the ones we already have there would be little need for more new regulations.I challange every conservative on the board to prove that lower taxes on the rich equals a stronger economy. That directly contradicts everything that has happened in this country in the last 80+ years. The claim that the rich create more jobs because taxes are low is factually incorrect. Our history proves it.
Our economy was at it's strongest when the tax rate on the wealthy was above 70%. It's less than half of that now and through sheer ignorance you guys keep pointing to that as the main problem. That claim is a lie. If you believe this not to be true then explain how it can be true when it's been disproven by our country's history.
yeah who needs regulation we can always trust big business to do the right think for the consumers..That's because it hasn't been disproven. Unfortunately, economies are way to complex to point to one thing as the cause for a down one. It is believed by many that regulation is what's killing us. At some point it becomes too much. We can't protect everybody from everything. Every time something bad happens in this country we make some new law which generally makes life for everyone a little bit tougher. When is it enough? When do we stop? Now we have body scanners in airports. What's next? A robot that sticks it's arm up your rectum to make sure there are no bombs hiding up there? Regulation is killing this country! If the powers that be would enforce the ones we already have there would be little need for more new regulations.
Please show me where I said I want no regulation.yeah who needs regulation we can always trust big business to do the right think for the consumers..
If you look at the problems it is not the taxes it's not the spending, the problem with the country is we buy every thing that was started making in this country.
You say that we need to stop outsourcing and then go on to say that we need to get government out of the way.WE can fix this country if WE all get the government out of the way. Most of the government is union and that is a problem in our country. Most union members I know hate what the union leaders do but they are stuck union with the big dollars or unemploment. This country needs to get our shit together are WE all will fall. God Bless America And Happy Thanksgiving to all
I don't think we have had a government in over a hundred years. Even a far back as I can remember a senator or congressman was in office for years and years now I know why kick backs and back room deals.You say that we need to stop outsourcing and then go on to say that we need to get government out of the way.
How do you stop outsourcing with out government? Seems like lack of government interference is the problem there, not the solution. I'm pretty sure it isn't the union who support outsourcing, it's the companies stock holders.
The American people aren't facing a tax increase the very top 5% of income earners are and they have payed the least ever in taxes, less than Reagan who raised taxes 11 timesI just dont get it...
The American people are facing the largest tax increase in history and Harry Reid is running around trying to get some amnesty bill passed for illegal immigrants.
Now, I can understand that the lame duck democrats simply dont care... They are on the way out and have nothing to lose.
However... Because of the Democrats procrastination everyone receiving a weekly or bi-montly paycheck of significant size is going to see tens if not hundreds more dollars taken out of their checks in early January. This will be a HUGE psychological shock to the workers out there. It will make the tax increases real...
This only leaves an opening for the Republicans to come in after January and pass retroactive tax cuts. It will make them look good and if the Democrats try to block it they will look like the obstructionists.
I cannot figure out the reason the Democrats would allow themselves to get into this position.
At the rate they are going Palin could win in a landslide in 2012.
Everytime this country has ran into a serious recession/depression, it is because of deregulation.... Allowing deposit banks to become investment banks was Republican deregulation... Look what happened... Again with deregulation, allowing mortgages to be bundled up as securities, another bright idea, as was allowing the same banks to bet via derivatives whether the subprime packages would fail or not....Regulation is killing this country! If the powers that be would enforce the ones we already have there would be little need for more new regulations.
This is incorrect. The Federal Government passed laws that went against sound economics. The main reason we had this housing bubble is the Federal Government manipulated the free market. They allowed people to purchase something and therefore amass a large debt when it was obvious from past history this would cause prices to rise over normal free market conditions AND the purchasers would not be able to pay the debt. How could they pay? These very same people showed little interest in saving money and making a large down payment in order to pay less in the future. People don't change overnight. The free market knows this.Well considering deregulation played a large role in breaking the economy in the first place that doesn't seem like a good idea.
I don't know what you're reading into his posts but what he's advocating is nothing like the things which were responsible for the horrible mess the economy is in now.You are saying you want a better economy and lower spending, but you're advocating more of the things that are responsible for breaking the economy in the first place and tax cuts that are not paid for. It's not a very consistent viewpoint IMO.
I don't understand why you say it's debt. The long term effects of allowing these taxes to expire, will hurt more than the short term will help. That is a continuing theme when the Federal Government manipulates our economy.Claiming to be in favor of a path out of debt is meaningless when you just started a thread to support $700 billion worth of new debt.
Well, as a small business owner I can only speak what I know. There are plenty of regulations already which don't get enforced. The more regualtions we put in place the more difficult it becomes for small business to be viable. This business about Bush and republicans deregulating everything isn't even accurate!!!! This has been going on for decades and both parties have played equal roles in this mess. You, just like many others, are trying to put a partisan spin on this mess and it just isn't that simple. This is what always happens whenever there is a recession or a downturn..........the opposing parties start the finger pointing and nothing constructive ever gets done. I never said anything about getting rid of all regulations. Of course we have a need for some regulation but I will ask once again; when is enough, enough? I think we should get some of our facts straigh to begin with.Everytime this country has ran into a serious recession/depression, it is because of deregulation.... Allowing deposit banks to become investment banks was Republican deregulation... Look what happened... Again with deregulation, allowing mortgages to be bundled up as securities, another bright idea, as was allowing the same banks to bet via derivatives whether the subprime packages would fail or not....
Yeah, the last thing we need is more regulation..
The rich can police themselves.....
ROFLMAO
Thats easy...it will save on our deficient by not adding to itDamn the tax cuts take every thing the fucking rich have sell their cars sell their houses sell every thing the bastards have. Even 250,000 and up and you stupid assholes will not even have enough to pay for Oassholes health care. So tell us how the 70 billion is going to save a trillion dollar a year debt????