Cantor pulls out of Biden debt talks

[boedicca]

Paul Krugman has a great blog on the topic and is a Nobel Prize winner.

Oh.Mi.Frelling.Gawd.

*snort*

Krugman is an idiot.

 

[DontBeStupid]

That is what this is 100% about. Getting Obama to the table

Yeah, because the President has the sole power to cut spending or cut taxes.

This is about Cantor covering his ass. The GOP leadership know they are hosed on this. They know taxes have to be raised, but they can't say that or do that or the TPers will revolt on them. Cantor is pushing this off on Boehner.

Cantor is a coward.

 

[Gadawg73]

"WE THE PEOPLE," IS THE GOVERNMENT.

Ok, you clearly don't understand economics at all. That's fine. It does explain why you would be in favour of a balanced budget amendment. I recommend you do some reading on macroeconomics. Paul Krugman has a great blog on the topic and is a Nobel Prize winner. You could start there.

And the war reference was purely to demonstrate to you why an amendment would be bad. Since you're so fixated on recent wars, think back to WW2. We were defending ourselves and had to build up our military in the process. The war was almost 100% financed by borrowing and going into debt. Ever heard of War Bonds? That was the government borrowing. A balanced budget
amendment would have prevented all of that. Which is not good.

Don't even try to preach economics to me when you're GROSSLY ignorant. Only in a liberal world is balancing the budget a bad thing..

As a strict conservative I see and agree with your premise.
However, a balanced budget amendment is a very bad idea. In war it would kill us all.

 

[LadyGunSlinger]

That is what this is 100% about. Getting Obama to the table

Yeah, because the President has the sole power to cut spending or cut taxes.

This is about Cantor covering his ass. The GOP leadership know they are hosed on this. They know taxes have to be raised, but they can't say that or do that or the TPers will revolt on them. Cantor is pushing this off on Boehner.

Cantor is a coward.

We're waiting to see where you called the Wisconsin Dems cowards and demanded your own party do the same?

 

[Xenophanes]

There is no solving a problem without some sacrifice, and not everyone can be pleased. No one wants the blame from certain groups for hurting them economically even if the country as a whole is helped. Also, no one wants to negotiate, so like children, are refusing to play the game when things do not go their way.

 

[boedicca]

That is what this is 100% about. Getting Obama to the table

Yeah, because the President has the sole power to cut spending or cut taxes.

This is about Cantor covering his ass. The GOP leadership know they are hosed on this. They know taxes have to be raised, but they can't say that or do that or the TPers will revolt on them. Cantor is pushing this off on Boehner.

Cantor is a coward.

Question: Is your screen name a Stuart Smally type of mantra that you chant while looking in the mirror each morning?

 

[Dot Com]

He's just following Hatch's lead. He quit too. There's a Repub governor who quit 1/2 way through the term but the name escapes me at present. These asswipes remind me of kids on the playground who, if they don't get everything they want, take the ball & go home. Pathetic.

 

[DontBeStupid]

Only in a liberal world is balancing the budget a bad thing.

If you read over what I wrote, you will see I never said that balancing the budget is a bad thing. Being forced to balance a budget all the time under any conditions, even when being attacked, THAT is a bad thing and THAT is what YOU want. I don't.

 

[DontBeStupid]

Krugman is an idiot.

You think you know more than a Nobel Prize winner? Wow.

 

[NYcarbineer]

Well this is more like it.. WTG Cantor .. Don't let the libs cower out of it. BALANCE THE DAMN BUDGET like ALL Americans do daily..

Eric Cantor || Majority Leader || Newsroom || Leader Cantor: House to Consider Balanced Budget Amendment

Here's a small insert:

“We are being asked by the Obama Administration to approve a debt limit increase. While President Obama inherited a bad economy, his overspending and failure to enact pro-growth policies have made it worse and now our national debt is currently more than $14 trillion. House Republicans have made clear that we will not agree to raise the debt limit without real spending cuts and binding budget process reforms to ensure that we don’t continue to max out the credit card. One option to ensure that we begin to get our fiscal house in order is a balanced budget amendment to the Constitution"




Threads Merged.

Cantor says the president has failed to enact pro-growth policies?

The president has signed 1.1 trillion dollars worth of tax cuts. Is Cantor taking the position that cutting taxes is not pro-growth??

 

[boedicca]

Krugman is an idiot.

You think you know more than a Nobel Prize winner? Wow.

*snicker*


Obama is a Nobel Prize Winner.

Al Gore is a Nobel Prize Winner.

Yasser Arafat was a Nobel Prize Winner.

Yes, I think I (and Many Other People) know much more than a Nobel Prize Winner.

 

[DontBeStupid]

There is no solving a problem without some sacrifice, and not everyone can be pleased. No one wants the blame from certain groups for hurting them economically even if the country as a whole is helped. Also, no one wants to negotiate, so like children, are refusing to play the game when things do not go their way.

Agreed.

Our situation is very easy to fix, and in a way that everyone shares in the sacrifice. Corporations and the wealthy pay more in taxes, while the lower class and the poor give up some services. This is not hard people.

 

[boedicca]

Well this is more like it.. WTG Cantor .. Don't let the libs cower out of it. BALANCE THE DAMN BUDGET like ALL Americans do daily..

Eric Cantor || Majority Leader || Newsroom || Leader Cantor: House to Consider Balanced Budget Amendment

Here's a small insert:

“We are being asked by the Obama Administration to approve a debt limit increase. While President Obama inherited a bad economy, his overspending and failure to enact pro-growth policies have made it worse and now our national debt is currently more than $14 trillion. House Republicans have made clear that we will not agree to raise the debt limit without real spending cuts and binding budget process reforms to ensure that we don’t continue to max out the credit card. One option to ensure that we begin to get our fiscal house in order is a balanced budget amendment to the Constitution"




Threads Merged.

Cantor says the president has failed to enact pro-growth policies?

The president has signed 1.1 trillion dollars worth of tax cuts. Is Cantor taking the position that cutting taxes is not pro-growth??

Really? What is the soruce of the $1.1T worth of tax cuts?


What Obama actually did was Not Raise Taxes. That's not a cut.

 

[DontBeStupid]

I think I ... know much more than a Nobel Prize Winner.

Your humility is a shining example for us all.

 

[boedicca]

There is no solving a problem without some sacrifice, and not everyone can be pleased. No one wants the blame from certain groups for hurting them economically even if the country as a whole is helped. Also, no one wants to negotiate, so like children, are refusing to play the game when things do not go their way.

Agreed.

Our situation is very easy to fix, and in a way that everyone shares in the sacrifice. Corporations and the wealthy pay more in taxes, while the lower class and the poor give up some services. This is not hard people.

What stupidity on a truly Krugmanesque Scale.

The U.S. now has the highest marginal corporate tax rate of all OECD countries. Raising them further will just drive even more business overseas.


http://blog.heritage.org/2010/12/15/u-s-to-have-highest-corporate-tax-rate-in-the-world/

 

[DontBeStupid]

What Obama actually did was Not Raise Taxes. That's not a cut.

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

 

[boedicca]

What Obama actually did was Not Raise Taxes. That's not a cut.

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

That's not $1.1T worth of cuts, bub.

It's not surprising that you can't do math.

And they weren't real tax cuts...the tax provisions in the stimulus bill were largely tax credit gimmicks. For tax cuts to have a real stimulative effect, they must be for a long enough time frame to affect planning and behavior. Temporary credits don't.

 

[LadyGunSlinger]

What Obama actually did was Not Raise Taxes. That's not a cut.

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

"It was in the news, it has to be true" LMFAO


Did President Obama Actually Cut Taxes? « Beancounter Ramblings


It's all BULLSHIT..

From the article:

As you can see there are numerous rules and laws that were passed that could be what the President was talking about when he made the above statement. I am just not of the opinion that stopping a tax increase from taking place can actually be considered a tax cut. Like I said before, you are maintaining status quo, you are not cutting anything.

I also don’t think that sending a check to someone that doesn’t pay any tax can be called a “tax cut” either. How can you cut zero? There is nothing there to cut.

 

[NYcarbineer]

Well this is more like it.. WTG Cantor .. Don't let the libs cower out of it. BALANCE THE DAMN BUDGET like ALL Americans do daily..

Eric Cantor || Majority Leader || Newsroom || Leader Cantor: House to Consider Balanced Budget Amendment

Here's a small insert:

“We are being asked by the Obama Administration to approve a debt limit increase. While President Obama inherited a bad economy, his overspending and failure to enact pro-growth policies have made it worse and now our national debt is currently more than $14 trillion. House Republicans have made clear that we will not agree to raise the debt limit without real spending cuts and binding budget process reforms to ensure that we don’t continue to max out the credit card. One option to ensure that we begin to get our fiscal house in order is a balanced budget amendment to the Constitution"




Threads Merged.

Cantor says the president has failed to enact pro-growth policies?

The president has signed 1.1 trillion dollars worth of tax cuts. Is Cantor taking the position that cutting taxes is not pro-growth??

Really? What is the soruce of the $1.1T worth of tax cuts?


What Obama actually did was Not Raise Taxes. That's not a cut.

Your economic illiteracy is astounding. Well, no, it's not astounding at all, you're a rightwing nut.

There were 300 billion in tax cuts in the 2009 stimulus. 800 billion in tax cuts in the December 2010 stimulus.

 

[AquaAthena]

That is what this is 100% about. Getting Obama to the table

Yeah, because the President has the sole power to cut spending or cut taxes.

This is about Cantor covering his ass. The GOP leadership know they are hosed on this. They know taxes have to be raised, but they can't say that or do that or the TPers will revolt on them. Cantor is pushing this off on Boehner.

Cantor is a coward.

No, the cowardice lies with our leader *cough-cough* who sent the wrong person to negotiate. The one who should have been there, instead of out fundaising and campaigning, far too soon and early, would have been the POTUS.