We can't cut middle class taxes without paying for it. That is the reason for raising the capital gains rate. To keep revenue the same. Do you think we should increase our deficit or raise taxes on unspent income? It is not about a "war" on the wealthy it is about economic reality.
Stupid.
You want context? In 1965 our budget was 250 billion dollars with 175 million people, today Obama is proposing a 3.9 trillion dollar budget for 312 million Americans. You don't seem to comprehend context or the true role of the Federal Govt. You want Federal Spending to be 20% of the GDP, Why? Do you realize that the GDP of this country includes federal spending? Most of the GDP however is generated by the private sector and the states so why should the Federal Govt. even spend close to 20%?
LOL. They've certainly found unique ways to get around that provision.
Seriously though. People think the rich squirrel away their loot in some vault somewhere. They think they have mattresses stuffed with gold coins, and the economy can't get it's hands on it.
...
Correction: Part time job growth. - - Under Obama around 85% of jobs that have been created for the last six years are part time. They do not contribute to revenue since they pay too little, and they cannot support a family. Obamacare is the killer of GOOD jobs that families need.
LOL. I'm in touch with reality and reality says you two haven't been speaking in some time.
Reality disagrees with you.
That's absolutely true.
But where I get frustrated with Obummer is that he isn't offering middle class tax cuts. If he would have proposed a combo deal, like cutting the bottom three tax rate and "paying for it" by increasing capital gains or other taxes that tend to hit the rich harder, I would have been more supportive.
That would make for a very interesting and educational thread.
(chuckle)Obama to call for new tax increases in State of the Union address | Fox News
Let's here it Obama supporters how does taxing the rich benefit the U.S. economy and how much money is going to be generated to fund the liberal spending appetite?
Class warfare is never going to solve the problems we face in this country and what ever happened to incentive to create more upper class individuals? Growing up I always strove to generate enough money to pay for a family that I hoped to have and fund charities that I want to support. My education process taught me the value of hard work and the desire to succeed. What happened to that philosophy in today's world? Why is it the Federal Government's role to tell the private sector where to spend its own money and on what?
Obama's goal is not revenue neutral in the least. His goal is an increase in federal spending and power - period.
With in his peer circle, his statement is probably 100% correct. Obama probably could not be more unpopular.
Obama's goal is not revenue neutral in the least. His goal is an increase in federal spending and power - period.
I don't think he's all that popular in the left, either. I don't think it is actually possible for Obama to poll any lower than he currently is polling. Watch and see. No matter what he does, the diehard pinkos will support him and that's pretty much all he's got right now. I consider the current state to be his solid floor as far as approval ratings and popularity go. I don't think there's anything he could do to make the remaining Obamaphiles abandon their support for him.
Which would explain why he has presided over federal spending falling by ~16% relative to its peak in 2009 (not even HIS FY, but trolls claim it is) as a % of GDP. Which is why the budget deficit has declined by almost 66% since he took office. Right?
smh. He is polling at 46% approval on gallup right now.
at the same time in their terms, Truman and Bush were in the mid 30s.. . . .
I don't think he's all that popular in the left, either. ...
Only in your mind has federal spending decreased under Obama.
US Federal Spending by Year - Charts Tables History
Only in your mind has federal spending decreased under Obama.
US Federal Spending by Year - Charts Tables History
things I learned in this thread
46% of Americans are "die hard pinkos"
Obama's and Boehners negotiating style is similar. They make a nice couple.
Both are willing to create the appearance that they are pushing for what the extremists desire (more or less pretending to be puppets to appease the extremists), and both are smart enough to realize that the controlling parties will not ultimately allow any extremist positions to actually become policy. So once their pretend efforts failed, they are able to get more or less what they really wanted to begin with.
An example of Obama doing this is when he was proposing that we don't extend the Bush tax cuts for the top two income brackets, then he settled with not extending the cuts for just the top bracket. An example of Boenher doing this is when he spearheaded the government shut down a couple of years ago, and then as the republican party was getting the blame for the shutdown, he said "OK, we fought the good fight, it's not working, so we give".
At least that's the way I see things.
2 months off but close enough. . . . . . .
Gallup: Voter opposition to Obama at 16-year high, worse than Bush, Clinton
Gallup: Voter opposition to Obama at 16-year high, worse than Bush, Clinton | WashingtonExaminer.com
Angry and frustrated voters are planning to use the midterm elections in one month to tell President Obama they oppose his agenda, the highest “no” vote percentage Gallup has measured in the past 16 years.
The polling outfit found that 32 percent of voters want to send a message of opposition with their vote, compared to just 20 percent who are sending a signal of support.
That is 13 points higher than in 1998 when former President Clinton was headed to impeachment for lying about his sex affair with a former White House intern and even a smidge higher — 2 points — than in 2008, when Americans were tired of President Bush’s military actions in Iraq and Afghanistan.
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