Rush Limbaugh's Stimulus Package

Discussion in 'Economy' started by KMAN, Jan 29, 2009.

  1. KMAN
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    KMAN Senior Member

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    Fifty-three percent of American voters voted for Barack Obama; 46% voted for John McCain, and 1% voted for wackos. Give that 1% to President Obama. Let's say the vote was 54% to 46%. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009: 54% of the $900 billion -- $486 billion -- will be spent on infrastructure and pork as defined by Mr. Obama and the Democrats; 46% -- $414 billion -- will be directed toward tax cuts, as determined by me.

    I say, cut the U.S. corporate tax rate -- at 35%, among the highest of all industrialized nations -- in half. Suspend the capital gains tax for a year to incentivize new investment, after which it would be reimposed at 10%. Then get out of the way! Once Wall Street starts ticking up 500 points a day, the rest of the private sector will follow. There's no reason to tell the American people their future is bleak. There's no reason, as the administration is doing, to depress their hopes. There's no reason to insist that recovery can't happen quickly, because it can.

    In this new era of responsibility, let's use both Keynesians and supply-siders to responsibly determine which theory best stimulates our economy -- and if elements of both work, so much the better. The American people are made up of Republicans, Democrats, independents and moderates, but our economy doesn't know the difference. This is about jobs now.

    The economic crisis is an opportunity to unify people, if we set aside the politics. The leader of the Democrats and the leader of the Republicans (me, according to Mr. Obama) can get it done. This will have the overwhelming support of the American people. Let's stop the acrimony. Let's start solving our problems, together. Why wait one more day?
     
  2. Red Dawn
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    Red Dawn Senior Member

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    Rush is a pill-popping drug addict, who's been divorced three times, and goes to the Dominican Republic on sex tourism prostitution "vacations".


    I really don't want to hear the words "package" and "stimulus" in the same sentence as that fat ass pill popping pervert. It's disturbing and alarming.
     
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  3. rayboyusmc
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    rayboyusmc Senior Member

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    Yup, that's sure the way the right did it when they were in charge of the senate and house.

    Rush is an entertainer who found the "right" buttons to push to make money off his ditto heads. No more than that.

    So far all the meetings with the right have been ending with the right saying no compromise. Sooner or later, the dems need to say, tuff shit, we won, we are the majority, if you refuse to work together, then we will have to work alone.

    I have always worked this way in my jobs of trying to bring both sides to a working agreement. If I had a side that refused to budge and they were not the majority, at some time you tell them so and move on.
     
  4. Lycurgus
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    Lycurgus Who is Obama, really...??

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    It's really sad that the President of the United States would make any talk show host (entertainer) this important in our nations workings and most of all at such a important time like this.

    The guy puts on a show to provide an income for himself. He rants and carries on, he entertains people, just as Bill Mar does and just as so many others do.

    I can take Limpballs with a grain of salt, but, what bothers me is that Obama and his team makes a person like this so important.

    I must be in the minority in that thinking.

    Do I listen to Limpballs? Sure on occasion I do, just as on occasion I tune in Bill Mar. They are both pompous asses and I can only take so much of them, but, they can also be pretty funny and rip off some good satire. Lately though thanks to Obama, I have been listening to Rush everyday and not just for my normal 30 minutes, but, for his entire show. So I wonder, how many others who normally would not tune Rush in are now thanks to Obama?
     
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  5. Ravi
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    Ravi Diamond Member

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    :clap2:

    Excellent! Rush is proposing the same shit that hasn't worked for the last eight years. I hope the Republicans listen to him and present this as their idea.
     
  6. DiamondDave
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    DiamondDave Army Vet

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    Yawn... someone posting a Rush rant that does not even matter... and a bunch of left-wingers getting all bent out of shape about it... :eusa_boohoo: :chillpill:
     
  7. DavidS
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    DavidS Anti-Tea Party Member

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    I don't like Rush, but I his ideas deserve some closer attention.

    If we did eliminate capital gains taxes for 3 months we would see a wild swing up and then a wild swing down when the 3 months expire. A quick profit taking by investors on Wall Street never hurt anyone.

    I would be all for cutting the corporate tax rate from 35% to 17.5% except we cannot cut taxes and spend, cut taxes and spend, cut taxes and spend. This is how we got into this mess in the first place. Plus, I highly doubt if companies would stop cutting jobs if their taxes were cut in half.

    Any tax cut is a short-term relief and we cannot lower taxes the same way Reagan did, only because taxes are nowhere near as high as they were. Rush Limbaugh talks about how other countries have lower taxes.. and that's all well and good, but other countries don't spend nearly as much as we do on defense nor any of the other programs the government has that increased in size over Reagan's, Bush 1's, Clinton's and Bush 2's administrations. Our government has been increasing in size for decades and there isn't anyone out there who will reduce the size of it. It's just not possible... our government needs to be this big.
     
  8. Truthmatters
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    Truthmatters BANNED

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    No we got into it by giving tax cuts in the middle of two wars and deregulating the banking and securities market.
     
  9. Truthmatters
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    Truthmatters BANNED

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    Moodys on effective stimulus methods

    --------------------------------------------------------------------------------

    Moody's Economy.com Login

    They studied what types of stimulus work to create more dollar bang per buck.

    UI benifits return 1.64 per buck
    Food stamps return 1.73 per buck
    General state aid return 1.36 per busk
    Infrastructure spending return 1.59 per buck




    Permenent tax cuts?????

    well they return 0.30 per buck
     
  10. editec
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    editec Mr. Forgot-it-All

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    Anything that would bring money out from under the mattresses would help.


    Certainly a lot of investors might be willing to take their profits (whatever's left of them, I mean) if they didn't have to pay taxes on them.

    Yeah, I agree...they wouldn't.


    Absolutely right.

    Why are our taxes so high?

    Empire is expensive.
     
    Last edited: Jan 29, 2009

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