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When did I ignore the facts? I didn't say Obama > Reagan. I didn't say Reagan didn't increase revenues with his tax cuts. I called him out on his blatant failure at basic math. Try again.
Bush ran on an improving economy, check. Improving employment picture, check. rising labor force, check. Running against John Kerry, check. But what relevance does that have today?
Odd - not until his final year did he see any job creation / growth.
2001 137778
2002 135701 (-2077)
2003 137417
2004 138472
I don't have all the time to type out a full argument - should be back in about two hours.
Deficits are created between October 1 and Sept 30 of each year, debt is cumulative. Obama has added 4.2 trillion to the ebt, where is your outrage? The wars cost 1.4 trillion over 10 years or 140 a year. It is frustrating to see so many people misinformed.
Now, this is the problem I have with people who think as you do.
Deficit (before debt limit increase) = $14 trillion
Obama responsible for: $4.2 trillion
Cost of both wars responsible for: $1.2 trillion
Total cumulative debt = $5.4 trillion
Whose responsible for the remaining $9 trillion?
You can try to blame a Democrat Congress (2006-2010) as you often do, but Republicans ran Congress for 10 years prior (1997-2007) and had a Republican President for 8 of those years (2000-2008), not to mention Clinton left a budget surplus when he left office in 2000. So, whose really to blame for our country's economic woes?
Now, this is the problem I have with people who think as you do.
Deficit (before debt limit increase) = $14 trillion
Obama responsible for: $4.2 trillion
Cost of both wars responsible for: $1.2 trillion
Total cumulative debt = $5.4 trillion
Whose responsible for the remaining $9 trillion?
You can try to blame a Democrat Congress (2006-2010) as you often do, but Republicans ran Congress for 10 years prior (1997-2007) and had a Republican President for 8 of those years (2000-2008), not to mention Clinton left a budget surplus when he left office in 2000. So, whose really to blame for our country's economic woes?
Now, this is the problem I have with people who think as you do.
Deficit (before debt limit increase) = $14 trillion
Obama responsible for: $4.2 trillion
Cost of both wars responsible for: $1.2 trillion
Total cumulative debt = $5.4 trillion
Whose responsible for the remaining $9 trillion?
You can try to blame a Democrat Congress (2006-2010) as you often do, but Republicans ran Congress for 10 years prior (1997-2007) and had a Republican President for 8 of those years (2000-2008), not to mention Clinton left a budget surplus when he left office in 2000. So, whose really to blame for our country's economic woes?
Blatant? that is total bull****. Fact that govt. revenue went up after the Reagan tax cuts went into full effect. Reagan took office with a tanking economy which of course you ignored. Reagan tax cuts didn't go int effect until fiscal year 1982 which again you ignore. Not sure what your problem is but you are doing everything possible to divert from the fact that Obama would take the Reagan results today in a heartbeat but isn't smart enough to do what Reagan did. Reagan won a massive landslide in 1984, something that Obama can only dream about.
Now, this is the problem I have with people who think as you do.
Deficit (before debt limit increase) = $14 trillion
Obama responsible for: $4.2 trillion
Cost of both wars responsible for: $1.2 trillion
Total cumulative debt = $5.4 trillion
Whose responsible for the remaining $9 trillion?
You can try to blame a Democrat Congress (2006-2010) as you often do, but Republicans ran Congress for 10 years prior (1997-2007) and had a Republican President for 8 of those years (2000-2008), not to mention Clinton left a budget surplus when he left office in 2000. So, whose really to blame for our country's economic woes?
Imagine that, inserting Obama into a thread about Obama? Wow, how dare me?
Amazing how liberals use the word lie all the time when a blatant lie would be that govt. revenue went up when it didn't but carry on, making a fool of yourself.
Odd - not until his final year did he see any job creation / growth.
2001 137778
2002 135701 (-2077)
2003 137417
2004 138472
I don't have all the time to type out a full argument - should be back in about two hours.
If you were serious you would see that the disincentives for doing business in the US outweigh reasons to stay here. If you were serious you would call for a complete rollback of all regulations and rules created by busybody bureaucrats. We have roughly 80,000 regulations that cost the nation a trillion dollars each year. And we are adding new ones at a rate of about 400 new ones per month.The situation is already worse! We do not have enough jobs for our people because we continue to provide incentives for companies to move jobs overseas.
If you were serious you would see that the disincentives for doing business in the US outweigh reasons to stay here. If you were serious you would call for a complete rollback of all regulations and rules created by busybody bureaucrats. We have roughly 80,000 regulations that cost the nation a trillion dollars each year. And we are adding new ones at a rate of about 400 new ones per month.
Eliminate those, cut the corporate tax rate to one percent below the lowest current rate among the first world, and watch and jobs return.
Or you can continue with the Marxist scheme of creating classes and then using class warfare and progressive tax rates to destroy capital accumulation. I have already predicted which way you will turn.
Or you can continue with the Marxist scheme of creating classes and then using class warfare and progressive tax rates to destroy capital accumulation. I have already predicted which way you will turn.
Their is so much facepalm in this post, where to start.
Lets start with cutting regulations and why they are there in the the first place.
Regulations were put in place because businesses were doing things that aren't right. If they were honest with their business we wouldn't have them, but as we have seen time and time again, they are crooks out to screw everyone else over (not all businesses are). This falls into the one business screws it up for everybody else.
Cutting the corporate tax rate to 1%:
While this would give an incentive for businesses to grow, it COMPLETELY ignores the fact that we have a huge debt we have to pay off...
I'm starting to love it when republicans use this word. They think it is "class warfare" to raise taxes on the rich? Right, but they also want to raise taxes on the poor. "Class Warfare" is a two way street people.
What you fail to recognize is that growing the economy creates more taxpayers and that generates more money to the Federal Govt. You can gain revenue two ways, raise taxes which destroys incentive or you can increase incentive and thus more taxpayers. Which one makes the most sense? Do you understand incentive? Where is the incentive when taxes are higher? Reagan increased tax revenue because 17 million new taxpayers were added to the tax roles. He did so by lowering tax rates on those paying taxes. There aren't enough rich people or corporations to fund the liberal spending appetite so increasing taxpayers is the only policy that makes any sense.
COMPLETELY ignores the fact that we have a huge debt we have to pay off...
This post
That is something we can't just put to the side while we stimulate our economy. BTW, where do 17 million new tax payers come from? Do people suddenly realize that they have a child or something? I'm confused.
Begin in the beginning.Their is so much facepalm in this post, where to start.
Yes, lets.Lets start with cutting regulations and why they are there in the the first place.
That may account for 10%.Regulations were put in place because businesses were doing things that aren't right.
I see you as young, jaded, cynical and brainwashed. The government is not your friend. And businesses are not your enemy.If they were honest with their business we wouldn't have them, but as we have seen time and time again, they are crooks out to screw everyone else over (not all businesses are). This falls into the one business screws it up for everybody else.
Actually, one percent below the current lowest corporate tax rate fin the rest of the first world economies.Cutting the corporate tax rate to 1%:
Which, of course is not the point. Growing the economy at 4, 5, 6, or 7% per year is the point. The happy circumstance is that tax receipts would go way up and tax disbursements would go down.While this would give an incentive for businesses to grow, it COMPLETELY ignores the fact that we have a huge debt we have to pay off...
Class warfare was formulated my Radical Karl along with progressive taxes as a means to pit one group against another and to wreck capital formation essential to any capitalist, free economy. It is un-American.I'm starting to love it when republicans use this word. They think it is "class warfare" to raise taxes on the rich? Right, but they also want to raise taxes on the poor. "Class Warfare" is a two way street people.
I will avoid the obvious bait.BTW, where do 17 million new tax payers come from? Do people suddenly realize that they have a child or something? I'm confused.
I will avoid the obvious bait.
We have tax payers (that would be me) and tax consumers (perhaps people just like you). When businesses create well paying jobs there are no good reasons for the current leisure class to stay on welfare. They get jobs and become taxpayers. In addition there are, what, a few tens of thousands of new job seekers added each month to the economy?
That may account for 10%.
So let's just roll back the half of them for starters.
Better yet let's sunset every regulation after two or three years, tops. Or we could zero baseline each year and assess each and every regulation promulgated by busybody bureaucrats. We could create a thousand blue ribbon panels comprised of experts in business, the hard sciences, and a few token politicians. We could hold public hearings and then have a vote on every one of them. Let's do a thousand a month and have a moratorium on new regulations for the next decade.
I see you as young, jaded, cynical and brainwashed. The government is not your friend. And businesses are not your enemy.
Class warfare was formulated my Radical Karl along with progressive taxes as a means to pit one group against another and to wreck capital formation essential to any capitalist, free economy. It is un-American.
Which, of course is not the point. Growing the economy at 4, 5, 6, or 7% per year is the point. The happy circumstance is that tax receipts would go way up and tax disbursements would go down.
Actually, one percent below the current lowest corporate tax rate fin the rest of the first world economies.
I cannot recall saying anything about lowering taxes on the rich. But I do support a flat tax that does have everyone pay for the government services they receive. Your Marxist class warfare beliefs will eventually result in your own destruction. Do you realize this? You will not be able to escape its consequences.The problem here is that lowering taxes on the rich doesn't create jobs. The rich just take the extra income and sit on it. (Hince the 2.2 trillion dollars they are currently sitting on)
Perhaps nothing if you were not brainwashed as well.First of all, what is wrong with being a cynic?
This is why you fail. Government must be the servant of the people. Not its master.The government is your friend because the officials are elected.
IE, we get a say in what happens. With businesses it is to bad if you don't like it, don't work here. Oh, but there decisions still effect your every day life (See gulf of America Oil spill (We broke it, we bought it).
Do you realize that the Obama Administration policies did more harm to the nation at the time and continue to damage us in the present? Who do we hold accountable? Do you stop flying after an airplane crashes? Do you stop driving after an automobile crashes?
finish this word?
Here is the way I meant to type it. Actually, one percent below the current lowest corporate tax rate in the rest of the first world economies.
I cannot recall saying anything about lowering taxes on the rich. But I do support a flat tax that does have everyone pay for the government services they receive. Your Marxist class warfare beliefs will eventually result in your own destruction. Do you realize this? You will not be able to escape its consequences.
This is why you fail. Government must be the servant of the people. Not its master.
Do you realize that the Obama Administration policies did more harm to the nation at the time and continue to damage us in the present? Who do we hold accountable? Do you stop flying after an airplane crashes? Do you stop driving after an automobile crashes?
Thanks for playing. Good luck with growing up. I hope you get everything you have coming to you.I'm confused, am I supposed to be scared? So you think people that make less than 12k a year should pay taxes? Talk about class warfare.
Explain to me how the government is the master of the people.
Was this pertaining to the Gulf of America spill? I'm confused as to where you were going with this.
I'm confused, am I supposed to be scared? So you think people that make less than 12k a year should pay taxes? Talk about class warfare.
Explain to me how the government is the master of the people.
Was this pertaining to the Gulf of America spill? I'm confused as to where you were going with this.
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