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Is there a psychological component to being poor, and/or on government assistance?

Re: Is there a psychological component to being poor, and/or on government assistance

Grim17 said:
Being the math geek I am, I love it when people make ridiculous statements like that. It gives me a chance to crunch some numbers and make people look foolish.

* Bush lowered the tax rate on the upper income bracket in 2003. It basically lowered the amount they paid by 12% (from 39.6% to 35%)
* From 2003 thru 2012, the federal government collected $20.549 trillion in taxes.
* Of that, 42% came from individual income taxes totaling $8.632 trillion.
* Of that, 69% was paid by the wealthiest 10% totaling $5.956 trillion.
* If Bush would have never lowered their tax rate, they would have paid and extra $774 billion over those 10 years.
* That would have increased government revenue by an average of $77.4 billion a year, a whopping 3.8%.

Just to put that into perspective, all that extra revenue combined would have only covered about 7 of the 55 months of spending that's taken place during president Obama's time in office.

Conclusion: If the so called "Bush tax cuts for the wealthy" would have never happened, instead of the country being 16.94 trillion dollars in debt like we are today, we would be 16.17 trillion in debt instead. A total reduction of less that 1% That would have wiped the debt out all right... LMAO

Like i said... I love it when people substitute their political hatred for the facts and make ridiculous statement like that one.
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You're so hot on math look at these figures. They are the official results acquired from the bureau of the debt:






09/30/2009 $11,909,829,003,511.75(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)

09/30/2008 $10,024,724,896,912.49(Times Square Debt Clock Modified To Accomodate Tens of Trillions)

09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32

09/30/2003 $6,783,231,062,743.62(Second Bush Tax Cuts Enacted Using Reconciliation)


09/30/2002 $6,228,235,965,597.16

09/30/2001 $5,807,463,412,200.06(First Bush Tax Cuts Enacted Using Reconciliation)


09/30/2000 $5,674,178,209,886.86(Administration And Congress Arguing About How To Use Surplus)

09/30/1999 $5,656,270,901,615.43(First Surplus Generated...On Track To Pay Off Debt By 2012)

09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32

09/30/1993 $4,411,488,883,139.38(Debt Quadrupled By Reagan/Bush41)

09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00 (Tax Rates Slashed To Depression Levels)

09/30/1982 $1,142,034,000,000.00(Total Debt Passes $1 Trillion)

09/30/1981 $997,855,000,000.00


09/30/1981 $997,855,000,000.00
 
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Re: Is there a psychological component to being poor, and/or on government assistance

Campbell said:
You're so hot on math look at these figures. They are the official results acquired from the bureau of the debt:
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Classic...

You make a bogus statement.
I prove it's a bogus statement.
Then instead of doing the right thing and admitting your mistake like any honest person would, you decide to do what every good liberal does...
You go back on the attack and display your complete lack of honesty and integrity.

Sorry pal, but I'm not playing your pathetic bullship games... I prefer HONEST dialog with HONEST people, and it's apparent you fail on both counts.
 
Re: Is there a psychological component to being poor, and/or on government assistance

Grim17 said:
Classic...

You make a bogus statement.
I prove it's a bogus statement.
Then instead of doing the right thing and admitting your mistake like any honest person would, you decide to do what every good liberal does...
You go back on the attack and display your complete lack of honesty and integrity.

Sorry pal, but I'm not playing your pathetic bullship games... I prefer HONEST dialog with HONEST people, and it's apparent you fail on both counts.
Click to expand...

You are so full of it. You don't even look at the official, historical figures but make up a crock of ****. You must be a Fox News anchor.
 
Re: Is there a psychological component to being poor, and/or on government assistance

Look, I caught you telling a lie... You said "If George Bush hadn't cut taxes twice for the wealthy it would have been paid up anyway." In other words, the debt wouldn't exist today if it weren't for the Bush tax cuts, and that is undeniably a lie.

Why can't you just admit it?
 
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Re: Is there a psychological component to being poor, and/or on government assistance

Grim17 said:
Look, I caught you telling a lie... You said "If George Bush hadn't cut taxes twice for the wealthy it would have been paid up anyway." In other words, the debt wouldn't exist today if it weren't for the Bush tax cuts, and that is undeniably a lie.

Why can't you just admit it?
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You don't have a clue. Bill Clinton left a balanced budget with about $400 billion of debt paid down during his second term. They didn't have to worry about how to use the surplus after Bush's two tax cuts, two wars one based upon a thousand lies and totally unnecessary. This was live debate in the congress about how to use Clinton's surpluses:


HRES 490 IH
106th CONGRESS
2d Session
H. RES. 490
To ensure that the fiscal year 2000 on-budget surplus is used to reduce publicly-held debt and provide tax relief to American taxpayers.
IN THE HOUSE OF REPRESENTATIVES
May 4, 2000
Mr. WELDON of Florida (for himself, Mr. ARMEY, Mr. DELAY, Mr. LARGENT, Mr. COBURN, and Mr. STEARNS) submitted the following resolution; which was referred to the Committee on Ways and Means

RESOLUTION
To ensure that the fiscal year 2000 on-budget surplus is used to reduce publicly-held debt and provide tax relief to American taxpayers.
Resolved,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Save Our Surplus for Debt Reduction and Tax Rebate Resolution of 2000'.
SEC. 2. FINDINGS AND PURPOSE.
(a) FINDINGS- Congress finds that--
(1) the Office of Management and Budget estimated in the President's fiscal year 2001 budget submission that the Government will have a $19,000,000,000 nonsocial security surplus (on-budget surplus) in fiscal year 2000;
(2) it is expected that in the summer of 2000, the Office of Management and Budget will estimate an even larger budget surplus for fiscal year 2000;
(3) Government spending in fiscal year 2000 will increase faster than the rate of inflation for a total of over $1,750,000,000,000;
(4) the public debt has been paid down by $51,000,000,000 in fiscal year 1998, $88,000,000,000 in fiscal year 1999, and current estimates are that $163,000,000,000 will be paid down in fiscal year 2000;
 
Re: Is there a psychological component to being poor, and/or on government assistance

Campbell said:
You don't have a clue. Bill Clinton left.......
Click to expand...

Look, I caught you telling a lie... You said "If George Bush hadn't cut taxes twice for the wealthy it would have been paid up anyway." In other words, the debt wouldn't exist today if it weren't for the Bush tax cuts, and that is undeniably a lie.

Why can't you just admit it?
 
Re: Is there a psychological component to being poor, and/or on government assistance

Grim17 said:
Look, I caught you telling a lie... You said "If George Bush hadn't cut taxes twice for the wealthy it would have been paid up anyway." In other words, the debt wouldn't exist today if it weren't for the Bush tax cuts, and that is undeniably a lie.

Why can't you just admit it?
Click to expand...

You're not just wrong you're Fox News wrong. I've heard all the **** about Clinton borrowing from social security, about him not having a surplus and all the other convenient bold faced lies told by jealous Republicans. If Bush had let the surpluses continue to buy back debt the way Clinton had been doing during his last three fiscal years the debt was scheduled to be completely paid down and clear by 2012. What the hell was the first thing Bush did? Two tax cuts, 2001 and 2003 using reconciliation to block opposition from the Democrats and Voila!! Surpluses gone. Then the crazy bastard started two unfunded wars and because he didn't want to admit the tax cuts were a huge mistake he never raised the rates back and proceeded to double Reagan and his daddy's debt from $5.7 trillion to nearly $12 trillion. It's tax cuts for the wealthy which made a disaster of our national debt and there's not a contrary argument which will stand.....not a one.
 
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