Majority Now Want Tax Cuts To Stimulate Economy

Discussion in 'Politics' started by Sinatra, Jun 12, 2009.

  1. Sinatra
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    Sinatra Senior Member

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    Recent poll shows a majority of Americans want across the board tax cuts for EVERYBODY in order to stimulate the still-stagnant American economy. Only 34% oppose such a tax cut.

    This same poll shows only 26% believe President Obama has accomplished his campaign promise to cut taxes.

    Related poll shows nearly 80% of Americans dissatisfied with government spending, and two-thirds of Americans want a government with fewer services and lower taxes.

    Ladies and gentlemen, we have red alert at the Obama White House...


    Rasmussen Reports™: The Most Comprehensive Public Opinion Data Anywhere
     
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  2. Annie
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    Annie Diamond Member

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    Yep, part of the dissonance I was referring to on another thread. The issues and approval ratings are growing to far apart to sustain. Somethings going to give, which probably won't change the issues results.
     
  3. STAND4LIBERTY
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    STAND4LIBERTY Independent Libertarian

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    :lol: , The big gub'ment cheerleaders pulled the pin on the out of control, irresponsible spending hand grenade it's gonna be so satisfying watching as it blows up in their faces....
     
  4. amrchaos
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    amrchaos Pentheus torn apart

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    Actually, I am for tax cuts and extra spending during economic downtimes. But then I am also for bailouts and Government part owning certain corporations(not to take absolute control of them, but to buy out the investors)

    So I guess I am a big government type that want a tax cut. Who knew?
     
  5. STAND4LIBERTY
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    STAND4LIBERTY Independent Libertarian

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    Not quite, tax cuts without corresponding decreases in spending are actually tax hikes, since you have to borrow to cover the difference in revenue intake and borrowing involves debt service which will eventually have to be covered at some point by increasing revenue intake (higher taxes).

    So you're just a big government type that wants more out of control spending, TANSTAFL.
     
  6. Sinatra
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    Sinatra Senior Member

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    Well said.

    Cut taxes AND cut spending.

    It's pretty damn simple economics.

    Perhaps a few more people in this country are starting to realize that.
     
  7. KMAN
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    KMAN Senior Member

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    I guess Obama supporters are finally realizing that Obama is not going to pay off their home, provide a monthly gas card, or pay their car loan off... LOL
     
  8. Sinatra
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    Sinatra Senior Member

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    Larry Summers was out today trying to explain the administration's overall economic plan...and it fell flat.

    The guy sounds and looks moronic.

    And the fact he was marched out to do so, is further evidence there is a crisis mentality brewing within the White House.

    The internal polling data cannot be good...
     
  9. amrchaos
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    amrchaos Pentheus torn apart

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    Of course, Iwas talking of down times.

    What I want for upswings in the economy are tax hikes and spending cuts. Now am I Big Government type??

    My economic policies is dependent on the economic conditions at hand. If things are souring, give it a stimulus, when things are improving, try to generate a surplus and save for the down turn.
     
  10. amrchaos
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    amrchaos Pentheus torn apart

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    What if I cut taxes, cut spending, yet I still generate a deficit? This during an upswing. Is that still sound economics? I say no, but the Republicans have done it for years and years!!!
     

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