Cantor pulls out of Biden debt talks

[boedicca]

Cantor says the president has failed to enact pro-growth policies?

The president has signed 1.1 trillion dollars worth of tax cuts. Is Cantor taking the position that cutting taxes is not pro-growth??

Really? What is the soruce of the $1.1T worth of tax cuts?


What Obama actually did was Not Raise Taxes. That's not a cut.

Your economic illiteracy is astounding. Well, no, it's not astounding at all, you're a rightwing nut.

There were 300 billion in tax cuts in the 2009 stimulus. 800 billion in tax cuts in the December 2010 stimulus.

Nope. Extending the Bush Tax Cuts is just Not Raising Taxes. It's not a new tax cut.

Idiot.

 

[NYcarbineer]

What Obama actually did was Not Raise Taxes. That's not a cut.

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

The extension of the Bush tax cuts were tax cuts. They made taxes lower after Jan 1st than they would have been had the bill not passed, therefore by any sane person's definition they were tax cuts.

And btw, they were budget busting tax cuts and the Republicans were overwhelmingly for them,

despite their fake fiscal hawkishness NOW.

 

[DontBeStupid]

No, the cowardice lies with our leader *cough-cough* who sent the wrong person to negotiate. The one who should have been there, instead of out fundaising and campaigning, far too soon and early, would have been the POTUS.

Do you feel the same way about Boehner? That Boehner is a coward? I mean, he's the #1 Republican and he sent his #2, just like Obama did.

 

[boedicca]

What Obama actually did was Not Raise Taxes. That's not a cut.

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

The extension of the Bush tax cuts were a tax cuts. They made taxes lower after Jan 1st than they would have been had the bill not passed, therefore by any sane person's definition they were tax cuts.

And btw, they were budget busting tax cuts and the Republicans were overwhelmingly for them,

despite their fake fiscal hawkishness NOW.

No, they were not tax cuts. They were an extension of tax rates that had been in place for years. What the extension did was to keep them in place.

It is DC Sophistry to label Not Raising Taxes a Tax Cut.

 

[NYcarbineer]

Really? What is the soruce of the $1.1T worth of tax cuts?


What Obama actually did was Not Raise Taxes. That's not a cut.

Your economic illiteracy is astounding. Well, no, it's not astounding at all, you're a rightwing nut.

There were 300 billion in tax cuts in the 2009 stimulus. 800 billion in tax cuts in the December 2010 stimulus.

Nope. Extending the Bush Tax Cuts is just Not Raising Taxes. It's not a new tax cut.

Idiot.

The Bush tax legislation was due to RAISE taxes. Not Obama. Obama signed legislation that cut taxes from the level Bush was about to raise them.

 

[boedicca]

Your economic illiteracy is astounding. Well, no, it's not astounding at all, you're a rightwing nut.

There were 300 billion in tax cuts in the 2009 stimulus. 800 billion in tax cuts in the December 2010 stimulus.

Nope. Extending the Bush Tax Cuts is just Not Raising Taxes. It's not a new tax cut.

Idiot.

The Bush tax legislation was due to RAISE taxes. Not Obama. Obama signed legislation that cut taxes from the level Bush was about to raise them.

That's right. All Obama did was Not Raise taxes.

Not Raising Taxes is Not A Cut Below The Rates That Are Currently In Effect.

Also, it was the Dems who insisted on the sunset provision, bub.

 

[NYcarbineer]

Not true. He cut taxes as part of his Stimulus Plan (1/3 was tax cuts) and he cut payroll taxes for everyone.

It was in the news.

The extension of the Bush tax cuts were a tax cuts. They made taxes lower after Jan 1st than they would have been had the bill not passed, therefore by any sane person's definition they were tax cuts.

And btw, they were budget busting tax cuts and the Republicans were overwhelmingly for them,

despite their fake fiscal hawkishness NOW.

No, they were not tax cuts. They were an extension of tax rates that had been in place for years. What the extension did was to keep them in place.

It is DC Sophistry to label Not Raising Taxes a Tax Cut.

Like I said, by any sane person's definition, they were tax cuts.

 

[boedicca]

NYC: Riddle me this.

If you were paid $50,000 per year with a provision that in a few years, your pay would be cut by 10%, and then your boss ended up not cutting your pay, would you feel like you got a raise?

 

[NYcarbineer]

Why is everyone dodging my point?

My point was, why did Cantor say that Obama has failed to pursue any pro-growth policies?

With 1.1 trillion in whatever you people need to call them...

...why are you saying that is not pro-growth? I thought that was you people's one trick pony?

Did the pony die?

 

[Ava]

I'm okay with it. Somebody needs to call Obama and the Dems on their disingenuous and faux attempts at bipartisanship.

“Each each side came into these talks with certain orders, and as it stands the Democrats continue to insist that any deal must include tax increases,” Cantor said in a statement. “There is not support in the House for a tax increase, and I don’t believe now is the time to raise taxes in light of our current economic situation. Regardless of the progress that has been made, the tax issue must be resolved before discussions can continue.”

“Given this impasse, I will not be participating in today’s meeting and I believe it is time for the President to speak clearly and resolve the tax issue. Once resolved, we have a blueprint to move forward to trillions of spending cuts and binding mechanisms to change the way things are done around here.”

Cantor pulls out of deficit talks - David Rogers - POLITICO.com

"When it's over, it's over." Impasse.

"President Obama needs to decide between his goal of higher taxes, or a bipartisan plan to address our deficit. He can't have both. But we need to hear from him," they said.

Cantor likewise cited his concern about taxes in announcing he would not be attending talks scheduled for Thursday afternoon -- those talks were later canceled.

"Each side came into these talks with certain orders, and as it stands the Democrats continue to insist that any deal must include tax increases. There is not support in the House for a tax increase, and I don't believe now is the time to raise taxes in light of our current economic situation," he said. "Regardless of the progress that has been made, the tax issue must be resolved before discussions can continue. Given this impasse, I will not be participating in today's meeting."



Read more: Obama Pressed to 'Resolve' Tax Hike Dispute as Budget Talks Collapse - FoxNews.com

 

[NYcarbineer]

NYC: Riddle me this.

If you were paid $50,000 per year with a provision that in a few years, your pay would be cut by 10%, and then your boss ended up not cutting your pay, would you feel like you got a raise?

If your shoes wear out, and you buy new ones, do you call them new shoes, or just an extension of your old shoes?

 

[boedicca]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

 

[boedicca]

NYC: Riddle me this.

If you were paid $50,000 per year with a provision that in a few years, your pay would be cut by 10%, and then your boss ended up not cutting your pay, would you feel like you got a raise?

If your shoes wear out, and you buy new ones, do you call them new shoes, or just an extension of your old shoes?

I don't have more shoes. I end up right where I was before with the same amount of shoes. Just like the Not Raising Taxes means my take home pay remains at the same level.

 

[NYcarbineer]

NYC: Riddle me this.

If you were paid $50,000 per year with a provision that in a few years, your pay would be cut by 10%, and then your boss ended up not cutting your pay, would you feel like you got a raise?

I will agree for the sake of this specific conversation to call the Obama policy of lower taxes, continued lower taxes, tax breaks, tax credits, new tax cuts, et al, totaling by CBO estimate 1.1 trillion dollars,

ANY name you want to give them,

IF you will tell us why Cantor is not full of shit for saying that those policies are not pro-growth.

Deal?

 

[boedicca]

If they were pro growth, where are the jobs?

And why do we keep getting so much Unexpectedly Bad Economic news?

http://punditpress.blogspot.com/2011/06/unexpectedly-compilation.html

 

[NYcarbineer]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

Well then what kind did we need? Specifically.

 

[boedicca]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

Well then what kind did we need? Specifically.

You must have the memory of a goldfish. That topic has been discussed frequently on this board. Try reading for comprehension and retention.

The Cliff Notes Summary is the Constanza Do The Opposite Strategy.

 

[NYcarbineer]

If they were pro growth, where are the jobs?

And why do we keep getting so much Unexpectedly Bad Economic news?

Pundit Press: "Unexpectedly" Compilation

You mean why didn't the budget busting extension of the Bush tax cuts PLUS additional tax cuts in payroll etc. NOT stimulate the economy?

You tell us. You supported them.

 

[NYcarbineer]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

Well then what kind did we need? Specifically.

You must have the memory of a goldfish. That topic has been discussed frequently on this board. Try reading for comprehension and retention.

The Cliff Notes Summary is the Constanza Do The Opposite Strategy.

The opposite would be raising taxes and cutting government spending.

 

[NYcarbineer]

Obama pursued policies that propped up bloated state and local public employee union jobs, pulled forward consumption for cars and houses to the detriment of future markets, waste money on not shovel ready endeavors, increased unemployment, retarded economic growth...all for the price tag of $Ts more of debt.

That's not the kind of Stimulus we needed.

Well then what kind did we need? Specifically.

You must have the memory of a goldfish. That topic has been discussed frequently on this board. Try reading for comprehension and retention.

The Cliff Notes Summary is the Constanza Do The Opposite Strategy.

I'll repeat the question:

What kind did we need? Specifically.