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So either this is unsolvable, or the President has no effect on these issues.
If it were someone other than Obama, we'd likely be in the same place we are now. Still be at over 9% unemployment, still would be hoping that perhaps maybe the government would do its job and perhaps make a budget and take care of matter of State. In the end, government has not done a good job with the recession or getting help to those who need it. It's been a partisan bitch fest and the most likely thing is that they'll try to squeeze something through at the last moment in order to save face. Bastards.
Your really ARE in your own little world - aren't you?I couldn't care less what you have to say. Continue in spewing your irrationality. Don't care.
I wasn't avoiding. I was dealing with exceptionally stupid people.
The first step that he did was push a 700 billion dollar budget through congress to The Fed. This bill was a field day especially to the conservatives, simply because they viewed it as a government take over. The true state of the economy was not shared with everyone in office, it was only known by a select few. The bill failed the first time in the house, and I'm sure Obama pulled plenty of strings to get it to pass.
The Fed is independent, however they probably kept the president in the loop. The Economic Stimulus package probably seems to be a complete failure, however I feel that the package was that of psychiatric medicine. Medicine can not prevent episodes, but it can decrease the severity and length of one. That is what the purpose of the package was. To put a band aid if you will on a gouging wound.[
I am not saying he is perfect. All I am saying is people give him so much heat and it is ill informed. I feel if it weren't for him and his actions, our world would be a world of anarchy and complete chaos. If the world financial system failed, who knows what would of happened. Also, it should be noted that it could still fail. The same economists that predicted the house bubble are now predicting that the dollar is going to collapse by the end of this year. Their solution is to go back to a standard, either by gold or some sort of resource.
Who knows what will happen. But the fact that you are typing on a computer in a controlled society is thanks to that man.
So either this is unsolvable, or the President has no effect on these issues.
The ad hom - final refuge of those that cannot make or defend a point.You would do humanity a favor by decomposing. Your body is truly more valuable than your mind.
What I find truly ghastly is that the proposals they have - $2T/10 yrs, $4T/10 years - are so incredibly inconsequential across the greater scheme.It's not that it's unsolvable or that the President can't have an effect. It's more to do with the fact that everyone has slumped down into partisan politics and are playing to protect their party instead of the Republic. In theory, this could have been solved a long time ago and Obama could have had some amount of effect. But they don't move in a direction that would actually solve it. Both sides are just posturing and pointing fingers. As I said, I would expect that at the last minute they'll try to actually pass something to try to save face. Both sides will claim victory and then attack the other side for obstructionist behavior.
| Moderator's Warning: |
:roll:
The Obama is unwilling to compromise on tax hikes.
This is every bit as uncompromising as the GOP unwillingness to compromise on tax hikes.
There's no intellectually honest way to argue otherwise - but, I am sure you'll try.
He -did- run as The Secular Messiah.
He had 2 years with a Dem Congress that he could not get to pass much of anything w/o a fight - in terms of His campaign platform, what has He accomplished?
25 Tax Cuts Passed By Obama & Democrats[3]
Individuals
“Making Work Pay” tax credit
Earned Income Tax Credit increased
Increased Eligibility for Refundable Portion of Child Credit
“American Opportunity” Education Tax Credit
First-time Home Buyer Credit
Temp. Suspension of Taxation of Unemployment Benefits
Tax Credits for Energy-Efficient Improvements to Existing Homes
Sales Tax Deduction for Vehicle Purchases
Premium Credits for COBRA Continuation Coverage for Unemployed Workers
Economic Recovery Credits to Recipients of Social Security, SSI, RR Retirement, and Veterans Disability Compensation Benefits
Computers as Qualified Education Expenses in 529 Education Plans
Plug-in Electric Drive Vehicle Credit
Tax Parity for Transit Benefits
Health Coverage Tax Credit Expansion
Small Business
Extension of Enhanced Small Business Expensing
5-Year Carryback of Net Operating Losses for Small Businesses
Extension of Bonus Depreciation
Exclusion of 75% of Small Business Capital Gains from Taxes
Temporary Small Business Estimated Tax Payment Relief
Temporary Reduction of S Corporation Built-In Gains Holding Period from 10 Years to 7 Years
Other Business
Advanced Energy Investment Credit
Tax Credits for Alternative Refueling Property
Work Opportunity Tax Credits for Hiring Unemployed Veterans and Disconnected Youth
Delayed Recognition of Certain Cancellation of Debt Income
Election to Accelerate Recognition of Historic AMT/R&D Credits
Fun Fact: 1/3 of the $862 billion stimulus was for tax cuts, something Republicans claim to support … although they still stand against stimulus. I suppose it depends on who gets the tax cuts.
Women’s Rights
Lilly Ledbetter Fair Pay Act
Protection against pay discrimination
Restores interpretation of Title VII of Civil Rights Act that protected women and other workers
Financial Rights
Credit CARD Act
Prevents retroactive rate increases
Requires companies to provide 45 days notice before changing rates and other contract provisions
Additional restrictions placed on fees
Prevents companies from taking advantage of students
Ends unfair double-cycle billing practices
Financial reform bill
Establishes Consumer Financial Protection Bureau which seeks solely to ensure financial institutions are being fair to consumers, and improvement in the simplicity in contracts
Prevents taxpayer bail out of financial institutions
Allows the GAO to audit the Federal Reserve
Various mortgage and derivatives reform, etc.
Education
Student loans[1]
Ends “socialistic” federal subsidies to banks and other financial institutions (Interestingly, Republicans are okay with the kind of socialism that redirects taxpayer money to banks and other financial institutions.)
Eliminates unnecessary “middle-man” in student loan process, which placed financial burden on taxpayers while banks took in profits
Annual student loan payment capped at 10% of income
Saves an estimated $61 billion over 10 years
Health Care
Children’s health insurance bill[2]
CBO said bill will allow states to cover more than four million uninsured children by 2013, in addition to seven million already covered
Requires states to provide dental and mental illness coverage to children
Tobacco regulation
Provides graphic warnings on tobacco use risks
Restricts advertising to prevent marketing to minors
Health care reform
Insurers cannot cancel coverage when a person gets sick
Requires health insurance corporations to cover preexisting conditions
Eliminates lifetime limits
Allows insurance purchase across state lines
Allows young adults to stay on parents’ health insurance policy until 26
Crime & Civil Rights
Hate crime legislation[4]
Provides protection for gay, lesbian, bisexual and transgender people
Tribal Law and Order Act
Provide additional means to reduce high rates of violent crime, including rape & sexual assualt within Native American reservations
View the rescuetruth.com post on the Tribal Law and Order Act
Other
The Edward M. Kennedy Serve America Act
Expands service and voluteer opportunites
Benefits education, health care, energy, etc.
Stimulus
Cash for Clunkers successfully contributed to 680,000+ vehicle sales in summer 2009
Largest clean energy investment ever made
Reduced deficit by $122 billion[5]
Reduced federal spending by 2%[5]
What didn’t get passed because of Republican obstructionism?
Health Care for 9/11 Emergency Responders
DISCLOSE Act (transparency in elections, specifically campaign financing)
Don’t Ask Don’t Tell repeal
Removal of $75 million cap on oil spill payouts
Elimination of tax incentives for companies shipping American jobs overseas, and creation of tax incentives to businesses bringing jobs home
42+ Democratic Accomplishments You May Not Know About | rescue truth.
I wasn't avoiding. I was dealing with exceptionally stupid people.
The first step that he did was push a 700 billion dollar budget through congress to The Fed. This bill was a field day especially to the conservatives, simply because they viewed it as a government take over. The true state of the economy was not shared with everyone in office, it was only known by a select few. The bill failed the first time in the house, and I'm sure Obama pulled plenty of strings to get it to pass.
The Fed is independent, however they probably kept the president in the loop. The Economic Stimulus package probably seems to be a complete failure, however I feel that the package was that of psychiatric medicine. Medicine can not prevent episodes, but it can decrease the severity and length of one.
What has he accomplished? Here you go:
You can't seriously be this dense. Obama not taking tax hikes off the table is not an unwillingness to compromise. He offered up 4 trillion in cuts. He asked for tax hikes in return. That's called negotiating. Stop being obtuse. It's beyond ridiculous at this point.
You can't seriously be this dense. Obama not taking tax hikes off the table is not an unwillingness to compromise. He offered up 4 trillion in cuts. He asked for tax hikes in return. That's called negotiating. Stop being obtuse. It's beyond ridiculous at this point.
What has he accomplished? Here you go:
You can't seriously be this dense. Obama not taking tax hikes off the table is not an unwillingness to compromise.
He offered up 4 trillion in cuts.
Absolutely, if Obama was serious he'd start by proposing a 50% budget cut in defense spending. You are also advocating serious cuts in defense spending aren't you?
What has he accomplished? Here you go:
The Cash for Clunkers program turned out to be a complete waste of taxpayer money as it failed to create demand and simply moved it forward, creating a void in auto sales down the road when people would have normally purchased their vehicle as planned. It also destroyed thousands of perfectly good cars, reducing the used car inventory available to the public for purchase.
As anyone who has taken a basic economic course will tell you, when you reduce the supply of something, its price goes up. And wouldn't you know it, the prices of used cars have skyrocketed since the passing of the C for C program.
In Obama's $2 trillion plan, tax increases would come from a 35% limit on itemized deductions and the elimination of special-interest tax breaks for oil and gas companies, corporate jet owners and producers of ethanol. If tax rates on upper-income people returned to 36% and 39.6% in 2013, as Obama wants, the limit on deductions would save about $120 billion.
Obama also is seeking to extend a payroll tax cut enacted last December for another year and possibly extend it to small businesses. For that reason, Republicans could claim that the package is revenue-neutral rather than representing a tax increase — but at the meeting, Republicans still refused to go along.
The remainder of the package would be spending cuts and savings on interest, but not the major reductions in Medicare or Social Security that Obama had been willing to accept as part of a $4 trillion deal.
what that tells me is that obama thinks cutting ANY SPENDING is a sacrifice
which shows what an absolute ass he is
why is he trying to derail things with tax hikes
Are you saying there are NOTHING THAT NEEDS TO BE CUT?
CFC was one of the biggest failures of the Obama administration.
Cash for Clunkers: more of a failure than previously thought - Mass SNAFU
but of course it is. not even Democrats would pass these tax hikes, yet Obama refuses to avoid what he says would be a fiscal catastrophe unless Republicans do it for him? what utter baloney.
It's not a threat, it's the truth. SS isn't in a lockbox, it has been dumped into the general fund for decades in order to mask out-of-control "defense" spending. Right now, some "contractor" in Iraq is using SS money to pay for a new 'Beamer.
So, there is no guarantee that SS checks will go out. Those who are already receiving checks will most likely get them, those who are applying for new benefits probably won't.
Are you kidding? He offered 4 TRILLION IN CUTS. Are you people really that dense? This isn't some theory. He actually offered up the cuts in return for some minor revenue increases. He actually said this. Google it. Or read a ****ing newspaper. It's not that hard to understand.
When did libs start caring about spending, that's what I want to know. I'm not so dense that I suddenly believe y'all are fiscal hawks all of a sudden. LOL
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