Thinking about the 'super committee'

Discussion in 'Politics' started by eflatminor, Nov 25, 2011.

  1. eflatminor
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    eflatminor Classical Liberal

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    History shows that when tax rate increases are enacted now in return for the promise of future spending cuts, we get the taxes but never the spending cuts. That's not surprising. No Congress can legally hold future Congresses to a promise of spending cuts.

    How about we try the reverse? Spending cuts NOW with a promise to raise tax rates after said cuts take are enacted?
     
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  2. PoliticalChic
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    PoliticalChic Diamond Member

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    You are clearly a right-wing conservative nutjub!!!




    Welcome to the club.
     
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  3. Chris
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    Chris Gold Member

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    Without the super committee, the spending cuts start automatically in January of 2013.

    When the Bush tax cuts expire in December of 2012, Obama won't allow them to be renewed.

    Spending cuts + a return to the old tax rates = deficit reduction.

    Congress has been taken out of the equation. No treasonous Tea Party/Republicans to mess things up.

    An absolutely brilliant move by Obama.
     
  4. PoliticalChic
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    PoliticalChic Diamond Member

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    This may be your Thelma and Louise moment.
     
  5. Chris
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    Chris Gold Member

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    Never saw that movie.
     
  6. eflatminor
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    eflatminor Classical Liberal

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    Deficit reduction, maybe...debt increase for SURE. They're not cutting shit. They're slowing slightly the rate of increased spending. We're fucked. Brilliant!

    But hey, increasing tax rates on everyone is a great idea during an economic downturn. That will surely raise tax revenues as everyone thinks "I have less to spend...let's go shopping". Again, brilliant!
     
  7. Chris
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    Chris Gold Member

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    Actually it is.

    Bill Clinton did it and balanced the budget.

    Then Bush cut taxes for the rich and started two useless wars and a trillion dollar unfunded drug program and blew it all up.

    Time to return to sanity.
     
  8. PoliticalChic
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    PoliticalChic Diamond Member

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    I read your Obama post....this is you at 1:10

    [ame=http://www.youtube.com/watch?v=4z88U915uq8]Thelma & Louise:Ending Scene - YouTube[/ame]
     
  9. PoliticalChic
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    PoliticalChic Diamond Member

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    Folks with your views are the uninformed.

    Bill Clinton never balanced the budget.

    Over Clinton's term the national debt increased by forty-one percent.

    That's 41%.

    And that, even with the peace dividend: Reagan had removed the threat from the USSR.


    You have been completely manipulated.
     
  10. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Everybody in Congress should be immediately fired and replaced with people who are interested in doing something constructive for America. Tired of all the Congressional horse shit from BOTH parties.
     

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