Why the Tax compromise might actually be beneficial.

Discussion in 'Politics' started by Sallow, Dec 23, 2010.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    When the the Tax compromise got through congress, I was pretty much angry at President Obama for what I saw as a capitulation to the Republicans. That assessment may have been somewhat wrong, considering all the progress of the lame duck session. Personally, I really think a good deal of horse trading went on, beyond what was in the compromise. President Obama managed to get most of his agenda through the legislature.

    While watching Krugman last night, I was thinking, damn..that guy doesn't see an upshot to anything lately. He's mostly right about financial matters but there is a glimmer of hope here. And this is why..

    Consider:
    - For 8 years during the Bush administration, the Tax cuts for the wealthy were touted as an "incentive" for "wealth producers" to generate jobs. They did anything but. However, this time around, they actually lobbied pretty hard to retain the Tax cuts. And they are hard pressed to demonstrate that Tax cuts work. If in 2 years..no jobs have been created as a result of this..those cuts are definitely history.
    -President Obama met with many business leaders prior and after the compromise. I am pretty sure there was arm twisting going on both ways.
    -There are many factors that make a new economic boom ripe to happen. Labor in the United States is pretty cheap, considering that they are of a better quality then almost all industrialized nations and the quality of American goods and services are still superior to almost all parts of the world.

    While there are still lots of unknowns and uncertainties..there may be light at the end of the tunnel.

    Hopefully..it's not an oncoming train. :lol:
     
  2. DiamondDave
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    DiamondDave Army Vet

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    Go play on the tracks and find out
     
  3. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    :lol:

    I'll be by later to pick up my burger and fries dave. Please make sure you don't over cook them this time..will ya?

    And that uniform you wear looks damn spiffy.
     
  4. DiamondDave
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    DiamondDave Army Vet

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    As long as you don't mind the black angus and veal burger I make with muenster cheese on a hard roll with zucchini pickles, slaw, and homemade pepper relish... and fresh cut sweet potato fries with horseradish mayo... but you are getting charged for the cost of the components plus my typical $250/hr wage that I would charge for contracted consultation outside of my normal job

    And as for the uniform... it may not fit like it used to.... but I am as proud of it with my US Army Patch over my left side/heart side pocket as ever.... a little more important to me than your Burger King paper hat is to you
     
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  5. Truthmatters
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    Truthmatters BANNED

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    The economy will improve.

    The 1%ers can not make more money if it doesnt.

    They will invest in the economy soon because they have already banked the money the crash gained them and now they must move to profit further.


    They own our asses and the republicans FOUGHT for them to own a bigger chunk of your ass.
     
  6. The Rabbi
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    The Rabbi Diamond Member

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    WHo died and made you manager?

    Your post is filled with the usual leftist claptrap half truths, mis truths, and lies, all of it along the theme of "sticking it to da man."
     
  7. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Fantasy is not your strong suit.
     
  8. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Aspirin is good if you feel that left shoulder getting numb..
     
  9. DiamondDave
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    DiamondDave Army Vet

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    Never worried about fantasy in my Army career nor my civilian career.... I deal in reality... hence why I am successful
     
  10. Missourian
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    Missourian Gold Member

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    Condensed to one sentence...."Crap, the Republicans were probably right."
     

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