Stop lying about the Budget

[Charles_Main]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

It is not that were not taking in enough money, WERE FUCKING SPENDING TO MUCH!!!

 

[xsited1]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

It is not that were not taking in enough money, WERE FUCKING SPENDING TO MUCH!!!

You are correct. Tax receipts have gone down somewhat for the past two years because of the recession (which I assume the Obamabots are focusing on), but outlays have gone up significantly.

 

[The T]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

It is not that were not taking in enough money, WERE FUCKING SPENDING TO MUCH!!!

You are correct. Tax receipts have gone down somewhat for the past two years because of the recession (which I assume the Obamabots are focusing on), but outlays have gone up significantly.

And they're wanting to spend even more...

 

[Greenbeard]

As correctly noted above, while spending is up, revenues are nowhere near being at record highs. See the CBO's budget outlook from the beginning of the year:

 

[Sallow]

As correctly noted above, while spending is up, revenues are nowhere near being at record highs. See the CBO's budget outlook from the beginning of the year:

This "new" austerity by the right seems to crop up essentially when a Democrat is sitting in the oval office. Given the timing, it's also dangerous. Britain and several other countries are employing massive cuts in spending and it's effecting their economies in some very negative ways. Given the fact that most US companies..became super wealthy as a result of government spending (Like Raytheon, Halliburton, Kraft, General Dynamics, GM, Ford, and a host of others) and given that we are still in a "recovery", spending cuts would probably do vastly more harm then good. And of course the cuts the right are suggesting affect the most vunerable in the country more adversely then anyone else.

And it seems that the underfunding of agencies like the IRS basically left them not doing their jobs very well..in terms of collecting taxes. According to several articles I have read, there a billions in uncollected taxes swimming out in the ether. Add in that many other agencies that are suppose to be collecting fees for land usage by oil companies and farming industries are also behind. And left over Bush legislation, like the Medicare drug benefit, could probably stand to be overhauled.

Is the US government spending to much? You bet. But now really is not the time to cut spending. Now is the time to increase revenues, rebuild infrastructure and continue to support the recovery. Once the economy is humming again...then austerity would be in order.

 

[ClosedCaption]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

 

[Charles_Main]

As correctly noted above, while spending is up, revenues are nowhere near being at record highs. See the CBO's budget outlook from the beginning of the year:

For 2 years, sure. The point however. Is no matter how much we take in. It seems congress will find a way to spend all of it and then some, and then tell us were not taking in enough money. Again.

 

[Charles_Main]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

 

[Sallow]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

Actually going by Greenbeard's chart..they didn't produce an increase in revenue. They either went down..or stayed flat.

 

[The T]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

SPENDING...Too much...

 

[ClosedCaption]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

Actually going by Greenbeard's chart..they didn't produce an increase in revenue. They either went down..or stayed flat.

He's must be looking at the Clinton years

 

[Mr. Shaman]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

Ah, yes.....'Bagger-math....so "magical"....and, illogical.

Ya' know....you folks would be better-served, if you'd (simply) quit forgetting to post any proof o' your allegations. People have a tendency to consider what you're suggesting to be more 'Bagger-bullshit, when you're so forgetful.

​

 

[Mr. Shaman]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

It is not that were not taking in enough money, WERE FUCKING SPENDING TO MUCH!!!

You are correct. Tax receipts have gone down somewhat for the past two years because of the recession (which I assume the Obamabots are focusing on), but outlays have gone up significantly.

Do you 'Baggers (even) listen to each-other???????

 

[Mr. Shaman]

As correctly noted above, while spending is up, revenues are nowhere near being at record highs. See the CBO's budget outlook from the beginning of the year:

For 2 years, sure.

The point however.

Is no matter how much we take in.

It seems congress will find a way to spend all of it and then some, and then tell us were not taking in enough money.

Again.

Do you have any idea how difficult it is, trying to take someone seriously.....someone who has a limited-concept of complete-sentences???

 

[Mr. Shaman]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

Ah, yes....it's so indisputable, you felt there was no need to post any proof, right??

 

[Mr. Shaman]

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

Actually going by Greenbeard's chart..they didn't produce an increase in revenue. They either went down..or stayed flat.

He's must be looking at the Clinton years

Yeah....you really sound like someone old-enough to remember the Clinton Years.

"The recent flood of revenue pouring into Treasury coffers—enough to push the federal budget to a record $93.94 billion surplus for the month of April—appears to have come mostly from the nation’s biggest earners, indicating that the controversial tax increase may indeed be taking from the rich. "The available data suggest the surge in tax collections has come from the taxpayers with high incomes, who were the only ones affected by the 1993 changes," says Deputy Treasury Secretary Lawrence Summers.

Corporate taxes, which were increased modestly under the 1993 law, also have brought in more revenue, but at about the level the Treasury had been predicting…

The package, part of the 1993 budget agreement, drew harsh criticism from the right. Texas GOP Rep. Dick Armey, who is now the House majority leader, predicted dire results, "Who can blame many second-earner families for deciding that the sacrifice of a second job is no longer worth it?" he wrote...

"The basic fact is that people looked at the 1993 budget agreement and said there’d be a recession, the deficit would go way up and that tax collections would go way down," says Mr. Summers. "What has happened is there has been a boom, the deficit has gone way down and tax collections have gone way up."

WALL STREET JOURNAL, May 22, 1997​

Run, along, now.......​

 

[HereWeGoAgain]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

4-5% ? Right now? Good god do you ever read a newspaper? Keep guessing and you might get it right.
I'll give you a little hint.....it's higher.
Oh and it doesnt have anything to do with tax cuts.

 

[HereWeGoAgain]

As correctly noted above, while spending is up, revenues are nowhere near being at record highs. See the CBO's budget outlook from the beginning of the year:

This "new" austerity by the right seems to crop up essentially when a Democrat is sitting in the oval office. Given the timing, it's also dangerous. Britain and several other countries are employing massive cuts in spending and it's effecting their economies in some very negative ways. Given the fact that most US companies..became super wealthy as a result of government spending (Like Raytheon, Halliburton, Kraft, General Dynamics, GM, Ford, and a host of others) and given that we are still in a "recovery", spending cuts would probably do vastly more harm then good. And of course the cuts the right are suggesting affect the most vunerable in the country more adversely then anyone else.

And it seems that the underfunding of agencies like the IRS basically left them not doing their jobs very well..in terms of collecting taxes. According to several articles I have read, there a billions in uncollected taxes swimming out in the ether. Add in that many other agencies that are suppose to be collecting fees for land usage by oil companies and farming industries are also behind. And left over Bush legislation, like the Medicare drug benefit, could probably stand to be overhauled.

Is the US government spending to much? You bet. But now really is not the time to cut spending. Now is the time to increase revenues, rebuild infrastructure and continue to support the recovery. Once the economy is humming again...then austerity would be in order.

I think Sallow read Paul Krugmans story this morning and feels extra smart!!
The idea that spending more when your broke,to make more money is fucken ludacris.

 

[NYcarbineer]

Yeah, the Bush tax cuts worked out great. Look at all the jobs all around. Where is unemployment now? 4...5%?

Listen you stupid jack ass. All I said was those cuts in taxes produced an increase in Revenue. That is an indisputable fact.

No they didn't. At least that has never been proven.

 

[NYcarbineer]

I heard an Obama mouth piece on TV last night say "the US is cash strapped"

Well now, that is not actually the truth. Saying it that way makes it sound like were just not taking in enough money.

The truth is were taking in more money every year than ever before. By a long shot. The Truth is the BUSH tax cuts caused an increase in revenues to record highs.

It is not that were not taking in enough money, WERE FUCKING SPENDING TO MUCH!!!

You need to prove that the Bush tax cuts CAUSED increased revenues.