If Obama wins,what then ?

[Oldstyle]

Get a grip.

Borrow and spend does not bother you ?

Why don't you try and learn how economy works before asking that idiotic questions for 100th time?

When the economy is depressed, that is how the government can bring the recovery closer -- by borrowing and spending more.

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

 

[TheGreatGatsby]

Get a grip.

Borrow and spend does not bother you ?

Why don't you try and learn how economy works before asking that idiotic questions for 100th time?

When the economy is depressed, that is how the government can bring the recovery closer -- by borrowing and spending more.

Are you being facetious?

 

[ilia25]

Borrow and spend does not bother you ?

Why don't you try and learn how economy works before asking that idiotic questions for 100th time?

When the economy is depressed, that is how the government can bring the recovery closer -- by borrowing and spending more.

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

 

[Mr. Shaman]

If Obama wins,what then ?

Maybe the high-roller$/1%ers will finally get the message they're.....

.....NOT entitled.....

.....to anymore Divine Rights, when it comes to our economy!!!!

"As the economy cries out for help -- for adult supervision at last -- just maybe the moment has arrived."

 

[Mr. Shaman]

Why don't you try and learn how economy works before asking that idiotic questions for 100th time?

When the economy is depressed, that is how the government can bring the recovery closer -- by borrowing and spending more.

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed.

....Especially when it was tried......

.....and, WORKED....

....once, before!!!​

 

[idb]

I think the country will be the shitter by 2016...just in time for Obamination to implement martial law and say he isn't leaving the White House for the "sake of the country."

I believe if he wins many millionaires even liberal ones will bolt for places like Switzerland, Canada, Australia, etc to escape the taxes and the carnage. Their new neighbors will be the rich from France hiding beside them.

Meanwhile the DICK (Dumbfuck In Chief King) will just raise taxes on the middle class and rich too dumb or poor to escape his hellhole. Afterall it is YOUR responsiblity for pay for the mess through taxes while "his people" wait for their Obama money and phone at home.

Haven't you heard that the rich have been sending their money offshore for years?
There's a well-known example...I can't quite remember his name...no, no - don't tell me...it'll come to me in a moment............

 

[Mr. Shaman]

I think the country will be the shitter by 2016...just in time for Obamination to implement martial law and say he isn't leaving the White House for the "sake of the country."

I believe if he wins many millionaires even liberal ones will bolt for places like Switzerland, Canada, Australia, etc to escape the taxes and the carnage. Their new neighbors will be the rich from France hiding beside them.

Meanwhile the DICK (Dumbfuck In Chief King) will just raise taxes on the middle class and rich too dumb or poor to escape his hellhole. Afterall it is YOUR responsiblity for pay for the mess through taxes while "his people" wait for their Obama money and phone at home.

Haven't you heard that the rich have been sending their money offshore for years?

Hey....they had to reinvest.....

.....their S&L windfall......

.....SOMEwhere!!!!!!

 

[editec]

Will there be dancing in the street.

Probably not in your neighborhood.

How long does this country have if Obama wins?

Before what?

Are we are headed toward an economic collapse.

Headed? Somebody hasn't been paying attention

You throw Obamacare onto what we know we're gonna get more of from Obama: More debt, more spending, the expansion of the welfare state, more people on food stamps. How long can this go on?

Four years constitutionally speaking.

How many of you think we're at the tipping point now?

Look behind you. See that tipping point that we passed back in 2007?

Medicare, Medicaid, Social Security, the years are 2020, 2022, 2024 as to when they implode.

Or not.

How long do we have if this guy wins?

Tomorrow is promised to no empire, mate.

And then what happens?

[ame=http://www.youtube.com/watch?v=v7G5MIpFui4]'Que Sera Sera' -Sly & the Family Stone - YouTube[/ame]

If this guy wins, do you realize...?

Obama's is a failed presidency. But he has the good fortune to be a failed president with a media that has no worldview categories for a failed socialist president. This explains why his failed presidency is not discussed in those terms. This is why the election still seems close. Obama seems to me to be a sunk president being artificially kept afloat with digital imagery. But the realities still are what they are.

 

[idb]

I think the country will be the shitter by 2016...just in time for Obamination to implement martial law and say he isn't leaving the White House for the "sake of the country."

I believe if he wins many millionaires even liberal ones will bolt for places like Switzerland, Canada, Australia, etc to escape the taxes and the carnage. Their new neighbors will be the rich from France hiding beside them.

Meanwhile the DICK (Dumbfuck In Chief King) will just raise taxes on the middle class and rich too dumb or poor to escape his hellhole. Afterall it is YOUR responsiblity for pay for the mess through taxes while "his people" wait for their Obama money and phone at home.

BTW...DICK is absolutely hilarious!!!
The creativity that goes into the clever sobriquets invented by you PHARTs (Partisan Hacks Always Reciting Twaddle) must make you very proud.

I hope you got your Mum to stick that one on the fridge.

 

[Oldstyle]

Why don't you try and learn how economy works before asking that idiotic questions for 100th time?

When the economy is depressed, that is how the government can bring the recovery closer -- by borrowing and spending more.

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

You really know nothing about economics, do you? Raising taxes in a depressed economy will further depress said economy. The REASON that people with money are generally unwilling to invest it is that anticipated profit isn't high enough to risk that capital. Every time you raise taxes you lower profits. It's not rocket science...

The government "borrows" tax money? Really? When you pay taxes it isn't something the government is "borrowing" from you, Sparky...it's something that the government is TAKING from you. I'm guessing you don't pay taxes, so it's a foreign concept for you?

Taxing and spending by the government removes capital that could be spent in the Private Sector. The more money that government taxes and spends the less that private businesses have to invest in growth and jobs. That you find that to be "helpful" shows me that you know as much about economics as you do about taxes.

 

[Murf76]

Will there be dancing in the street. How long does this country have if Obama wins? Are we are headed toward an economic collapse.You throw Obamacare onto what we know we're gonna get more of from Obama: More debt, more spending, the expansion of the welfare state, more people on food stamps. How long can this go on? How many of you think we're at the tipping point now? Medicare, Medicaid, Social Security, the years are 2020, 2022, 2024 as to when they implode. How long do we have if this guy wins? And then what happens? If this guy wins, do you realize...?

Obama's is a failed presidency. But he has the good fortune to be a failed president with a media that has no worldview categories for a failed socialist president. This explains why his failed presidency is not discussed in those terms. This is why the election still seems close. Obama seems to me to be a sunk president being artificially kept afloat with digital imagery. But the realities still are what they are.

If Obama wins, he'll end up impeached and removed. As we see in examples like Fast & Furious and the Benghazi cover-up, it's just not possible for this guy to behave with any semblance of honesty, so it really is a matter of time. IMO, the only thing that's kept that from happening so far is that Dems have the majority in the Senate. When that situation changes, Obama will be called to account for his malfeasance.

I wonder if Dems fully understand that they're voting for President Joe Biden.

 

[bripat9643]

We've long since passed that point. Yes, the Democrats today are yesteryear's Republicans.

Wrong. They're yesterday's communists.

 

[ilia25]

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

You really know nothing about economics, do you? Raising taxes in a depressed economy will further depress said economy. The REASON that people with money are generally unwilling to invest it is that anticipated profit isn't high enough to risk that capital. Every time you raise taxes you lower profits.

That is why capital losses are tax deductible -- so the higher taxes are not discouraging risky investments.

In any case, the effect of a slight rise in capital gain taxes would not be significant. And a rise of income taxes would not affect investment at all. So it is not something that we absolutely have to put off until the economy recovers.

The government "borrows" tax money? Really?

No, not really. I would never have said such a stupid thing. You, on the other hand, should work on your reading comprehension.

 

[Oldstyle]

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

You really know nothing about economics, do you? Raising taxes in a depressed economy will further depress said economy. The REASON that people with money are generally unwilling to invest it is that anticipated profit isn't high enough to risk that capital. Every time you raise taxes you lower profits.

That is why capital losses are tax deductible -- so the higher taxes are not discouraging risky investments.

In any case, the effect of a slight rise in capital gain taxes would not be significant. And a rise of income taxes would not affect investment at all. So it is not something that we absolutely have to put off until the economy recovers.

The government "borrows" tax money? Really?

No, not really. I would never have said such a stupid thing. You, on the other hand, should work on your reading comprehension.

I'm curious...how have you arrived at the conclusion that raising income taxes would not affect investment at all? Think about it. People who have capital to invest have choices where they DO invest. They can start up a new business or expand an existing one...but if you're going to raise taxes on whatever profit they MIGHT make then you've made sticking that money into a tax free investment much more attractive...or even made them consider investing in another State or country that doesn't have such a high tax. I would suggest that you go to the library and take out a book on basic economics and study the subject because right now you're making suggestions for what we do with our economy that are based on faulty economic theories.

Who do you think is on the hook when the government does borrow money? Are you really so ignorant that you don't realize that doing so in effect levies a tax on every American? Your share of the National Debt is now approaching $40,000. If you're around in 2030 it's projected to be over $100,000 if we keep on going the way we are now.

 

[ilia25]

You really know nothing about economics, do you? Raising taxes in a depressed economy will further depress said economy. The REASON that people with money are generally unwilling to invest it is that anticipated profit isn't high enough to risk that capital. Every time you raise taxes you lower profits.

That is why capital losses are tax deductible -- so the higher taxes are not discouraging risky investments.

In any case, the effect of a slight rise in capital gain taxes would not be significant. And a rise of income taxes would not affect investment at all. So it is not something that we absolutely have to put off until the economy recovers.

The government "borrows" tax money? Really?

No, not really. I would never have said such a stupid thing. You, on the other hand, should work on your reading comprehension.

I'm curious...how have you arrived at the conclusion that raising income taxes would not affect investment at all?

How have I? I just know that income taxes have nothing to do with investment or profits. They are deducted from income you receives by providing services to others. In other words, these are taxes on your salary.

they MIGHT make then you've made sticking that money into a tax free investment much more attractive...or even made them consider investing in another State or country that doesn't have such a high tax.

Again, we are not talking about income taxes in this case. It would not help them to zvoid capital gain taxes either -- because their "tax free" profits will be taxed as soon as they repatriate them (i.e. when they bring those money back in US).

Who do you think is on the hook when the government does borrow money?

Nobody -- the US government doesn't have to pay of its debt ever. It can roll it over forever -- or, rather, until becomes irrelevant comparing to the size of the economy. That is what happened to our WWII debt.

There is a matter of interest payments, but right now investors are begging the government to borrow their money, so the interest are near zero.

Your share of the National Debt is now approaching $40,000. If you're around in 2030 it's projected to be over $100,000 if we keep on going the way we are now.

And what will be an average income household income in 2030?

 

[Dutch]

Will there be dancing in the street. How long does this country have if Obama wins? Are we are headed toward an economic collapse.You throw Obamacare onto what we know we're gonna get more of from Obama: More debt, more spending, the expansion of the welfare state, more people on food stamps. How long can this go on? How many of you think we're at the tipping point now? Medicare, Medicaid, Social Security, the years are 2020, 2022, 2024 as to when they implode. How long do we have if this guy wins? And then what happens? If this guy wins, do you realize...?

Obama's is a failed presidency. But he has the good fortune to be a failed president with a media that has no worldview categories for a failed socialist president. This explains why his failed presidency is not discussed in those terms. This is why the election still seems close. Obama seems to me to be a sunk president being artificially kept afloat with digital imagery. But the realities still are what they are.

If I had a nickel for every time the opposing party said this kind of nonsense about the incumbent party during a presidential election I would have about $2.20.

 

[GoneBezerk]

Dumbfuck, I'm talking about rich people leaving and taking their money with them.

It's kinda hard to tax someone when they no longer live in the USA and took their assets.

Of course liberal scum like you tried this with Rush Limbaugh when he moved out of NY to escape their taxes and they kept sending him tax claims/audits for not living in NY.

I think the country will be the shitter by 2016...just in time for Obamination to implement martial law and say he isn't leaving the White House for the "sake of the country."

I believe if he wins many millionaires even liberal ones will bolt for places like Switzerland, Canada, Australia, etc to escape the taxes and the carnage. Their new neighbors will be the rich from France hiding beside them.

Meanwhile the DICK (Dumbfuck In Chief King) will just raise taxes on the middle class and rich too dumb or poor to escape his hellhole. Afterall it is YOUR responsiblity for pay for the mess through taxes while "his people" wait for their Obama money and phone at home.

Haven't you heard that the rich have been sending their money offshore for years?
There's a well-known example...I can't quite remember his name...no, no - don't tell me...it'll come to me in a moment............

 

[CrusaderFrank]

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

You really know nothing about economics, do you? Raising taxes in a depressed economy will further depress said economy. The REASON that people with money are generally unwilling to invest it is that anticipated profit isn't high enough to risk that capital. Every time you raise taxes you lower profits.

That is why capital losses are tax deductible -- so the higher taxes are not discouraging risky investments.

In any case, the effect of a slight rise in capital gain taxes would not be significant. And a rise of income taxes would not affect investment at all. So it is not something that we absolutely have to put off until the economy recovers.

The government "borrows" tax money? Really?

No, not really. I would never have said such a stupid thing. You, on the other hand, should work on your reading comprehension.

"If your capital losses exceed your capital gains, the excess can be deducted on your tax return and used to reduce other income, such as wages, up to an annual limit of $3,000, or $1,500 if you are married filing separately."

Ten Important Facts About Capital Gains and Losses

 

[Oddball]

So you're a Keynesian, Ilia? Then kindly explain to me how it is that the same group of people who espouse Keynesian economic theories such as that, have at the same time suggested that we should raise taxes in the midst of an economic downturn?

Are you progressives going to BE Keynesian proponents only when it suits you but ignore it when it doesn't?

I would suggest that you take your own advice and learn how economics "works" and try and present an economic response to what's happening that makes sense. What is coming from this Administration and progressives in general at the moment makes no sense at all.

Actually, rising taxes on wealthy doesn't hurt too much even if the economy is depressed. See, the very reason for depression is that those who have money are willing neither spend, nor invest them. That is why it helps when the government borrows and spend their money. But taxing and spending those money would be just as helpful.

Nevertheless, I don't think Dems are eager to rise taxes right now. It was mostly a response to demands for spending cuts right now.

You really know nothing about economics, do you?

No, no he doesn't.

You should probably quit trying to teach him anything about it, as he holds his utter ignorance as enlightenment.

 

[Inthemiddle]

If Obama wins,what then ?

Epic meltdown and massive amounts of vomitus.