Fellow americans its about obama in 2012, not who runs against him

Discussion in 'Politics' started by JRK, Mar 3, 2011.

  1. JRK
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    JRK Senior Member

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    The spam from the left is "whose the GOP got"
    it does not matter
    in 2008 BHO was the next messiah

    5% UE had become "stale"
    Deficit spending 1-2% of GDP was destroying us
    Bush was an idiot

    Its simple, if the GOP caused it, why cannot the Libs fix it?
    they had 2 years with no-one in there way
    with Tarp there has been 1.3 trillion thrown at this event sense 11/2008
    and they used all of that time with health-care reform

    what has it done?
    we have a 2 million job deficit in 24 months
    I do not blame Obama
    I blame him for doing all of this with the intent to blame the GOP, then raise taxes
    it did not work

    now the spam is "where is the jobs GOP"
    as i state in another thread, the GOP did not run on that agenda
     
  2. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Thats it in a nutshell

    Republicans fuck things up so badly and then mock you when you can't fix them right away
     
  3. JRK
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    JRK Senior Member

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    I do think if you put a women high enough on a pedestal you could look up her dress
    but I also think thats kind of perverted
    now
    I made an observation and
    it was not I who stated that with 800 billion dollars in stimulus I could fix it
    That was BHO
     
  4. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Jimmy Carter said he needed another 4 years. Hussein will ask for the same.
     
  5. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Ridiculous analogies aside..the Republicans have been resisting with great vigor every effort for President Obama to set this economy right. The stimulus was about half of what it should have been and larded with Republican tax cuts..which do very little to stimulate the economy. They even set the limit on the package. Then they didn't vote for it. They've filibustered a record number of times and called President Obama every name in the book. One even called him a "liar" in the halls of Congress during a session. Add in Republican Governors have done their darnest to make people "feel" the pain despite getting gobs and gobs of cash. I've never seen such bad behavior from either party.

    So the Stimulus took..and is taking twice as long to work..because it was perhaps a quarter of what was really needed.
     
  6. bucs90
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    bucs90 Gold Member

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    It's true. And Obama has spooked the shit out of mainstream America. He'll get the far lefties and the college kids. But anyone with a brain will vote against him.
     
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  7. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    If you are expecting an "Anyone but Obama" campaign to make this country better off, you deserve what you get.
     
  8. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Obviously not a Steve Martin fan....

    What did the Stimulus (and TARP) accomplish?

    By late 2008, the financial markets were in a panic. Banks were failing, the Auto Comapnies were failing and people were pulling their money out of circulation. The US Government was the only entity with the resources to put money into the economy. That $800 billion was enough to signal that the US was standing behingd our economy.

    The result?

    Within weeks the Stock Market reversed after dropping from 14000 down to 6600. It has now moved back to the 12000 range.
    GDP which was down for four consecutive quarters went positive and has remained positive. This alone signaled the end of the Bush recession


    Has it brought around a booming economy? No....Stimulus was watered down with GOP pleasing tax cuts and was not enough to cause a boom. ..but does anyone else want to infuse cash into this economy? We Know the Tea Party doesn't and we know that business is still sitting on $2 Trillion...so we will have to see
     
    Last edited: Mar 3, 2011
  9. JRK
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    JRK Senior Member

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    Tarp did that and except for GM/Chrysler and AIG we got all of it back before the stimulus was even out of Pelosi s house
    Tarp was 11/08
    The Stimulus was 3/2009
    the DJIA was 6500 3/2009
    Tarp stopped the wall street collapse
    profits and earnings brought back the DJIA
    Stimulus?
    kept some teachers working and besides that??????????????????????
     
  10. JRK
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    JRK Senior Member

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    what was ridiculous?
    Look why is it you think tax cuts do nothing?

    10. Myth: The Bush tax cuts were tilted toward the rich.
    Fact: The rich are now shouldering even more of the income tax burden. From 2000 to 2004, the share of all individual income taxes paid by the bottom 40% of taxpayers dropped from 0% to -4%, meaning that the average family in those quintiles received a subsidy. The share paid by the top 20% of households increased from 81% to 85%.

    9. Myth: The Bush tax cuts have not helped the economy.
    Fact: The economy responded strongly to the 2003 tax cuts. The 2003 tax cuts lowered income, capital gains and dividend tax rates. These policies increased market incentives to work, save and invest, creating jobs and increasing economic growth.(added about 5 million)

    8. Myth: Tax cuts help the economy by "putting money in people's pockets."
    Fact: Pro-growth tax cuts support incentives for productive behavior. Government spending does not "pump new money into the economy," because government must first tax or borrow that money out of the economy. The right tax cuts help the economy by reducing government's influence on economic decisions and allowing people to respond more to market mechanisms.

    7. Myth: Reversing the upper-income tax cuts would raise substantial revenues.
    Fact: The low-income tax cuts reduced revenues the most. In 2007, the increased child tax credit, marriage penalty relief, 10% bracket and Alternative Minimum Tax fix will have a combined budgetary impact of minus $114 billion -- without strong supply-side effects to minimize that effect. But the more maligned capital gains, dividends and estate tax cuts are projected to reduce 2007 revenues by just $36 billion, even before the large supply-side effects are incorporated.

    6. Myth: Raising tax rates is the best way to raise revenue.
    Fact: Tax revenues correlate with economic growth, not tax rates. Since 1952, the highest marginal income tax rate has dropped from 92% to 35%, and tax revenues have grown in inflation-adjusted terms while remaining constant as a percent of GDP.

    5. Myth: The Bush tax cuts are to blame for the projected long-term budget deficits.
    Fact: Projections show that entitlement costs will dwarf the projected large revenue increases. Revenues are projected to increase from 18% of GDP to almost 23% by 2050, while spending is projected to increase from 20% of GDP to at least 38%.

    4. Myth: Capital gains tax cuts do not pay for themselves.
    Fact: Capital gains tax revenues doubled following the 2003 tax cut. In 2003, capital gains tax rates were reduced from 20% and 10% (depending on income) to 15% and 5%, respectively. Rather than expand from $50 billion in 2003 to $68 billion in 2006 as the CBO projected, capital gains revenues more than doubled to $103 billion.

    3. Myth: Supply-side economics assumes that all tax cuts immediately pay for themselves.
    Fact: It assumes replenishment of some but not necessarily all lost revenues. Supply-side economics never contended that all tax cuts pay for themselves. Rather the Laffer Curve merely formalizes the common-sense observations that: Tax revenues depend on the tax base as well as the tax rate; raising tax rates discourages the taxed behavior and shrinks the tax base, offsetting some of the revenue gains; and lowering tax rates encourages the taxed behavior and expands the tax base, offsetting some of the revenue loss.

    2. Myth: The Bush tax cuts substantially reduced 2006 revenues and expanded the budget deficit.
    Fact: Nearly all the 2006 budget deficit resulted from additional spending above the baseline. Historic spending increases pushed federal spending up from 18.5% of GDP in 2001 to 20.2% in 2006.

    1. Myth: Tax revenues remain low.
    Fact: Tax revenues are above the historical average, even after the tax cuts. Tax revenues in 2006 were 18.4%of gross domestic product (GDP), which is actually above the 20-year, 40-year, and 60-year historical averages.
    Brian Riedl is a Grover M. Hermann Fellow in Federal Budgetary Affairs in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.
     

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