Soggy in NOLA
Diamond Member
- Jul 31, 2009
- 40,565
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I jsut dont understand how they get so many cons to believe all the lies they tell about reagan.
how can a group of people be such sheep
Go have another vodka....
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I jsut dont understand how they get so many cons to believe all the lies they tell about reagan.
how can a group of people be such sheep
We just got a major tax increase on the middle class as well as the wealthy and little if any cuts in spending and no entitlement reform. Get used to it, Kiddies. You elected this guy. He's a tax and spend liberal and now he's going to raise your taxes because that is what tax and spend liberals "do".
Does anyone remember Obama's pledge that taxes wouldn't be going up for the middle class? Shouldn't be hard...he only made it about two months ago. Time to ask yourself just how naive you really are.
taxes on the middle didnt go up.
a temporary tax break did expire but that was the plan when it was given.
Yes you do because the rw's STILL do not know what the debt ceiling is.
Looking back to our Big Spenders - Reagan and King Bush the Second, that's what they did.
Somewhere, there are videos of them running through congress, screaming CHARGE IT!
Prince O has racked up 7 trillion in 4 years, more spending than Reagan and Bush combined over 16 years.
You have never cared much for facts but here they are anyway.
National Debt Graph by President
What about Obama? Notice how the debt accelerated during Bush's last two budget years. Obama's debt is a continuation of that trend and neither Bush nor Obama are directly responsible for that acceleration. It happened because of the recession. Bush set the all-time record by increasing the debt by $1.1 trillion in 100 days between July 30 and Nov 9, 2008but that had little to do with his choices.
Recessions cut tax revenuesin this case, dramatically. That accounts for nearly half of the deficit. So blaming Obama for the full deficit is like blaming him for not raising the tax rate to keep tax revenues up. Most of the increased spending is automatic increases in unemployment benefits, food stamps, and social security payments for early retirement. Very little of it is from stimulus spending, and that's over.
We just got a major tax increase on the middle class as well as the wealthy and little if any cuts in spending and no entitlement reform. Get used to it, Kiddies. You elected this guy. He's a tax and spend liberal and now he's going to raise your taxes because that is what tax and spend liberals "do".
Does anyone remember Obama's pledge that taxes wouldn't be going up for the middle class? Shouldn't be hard...he only made it about two months ago. Time to ask yourself just how naive you really are.
And how naive are those who think the Republicans have performed any better?
The only difference is that Republicans cut taxes while they spend like drunken sailors.
Ah, but at least the GOP is making an effort to rein in spending, Dog...the election of tea party candidates proves that. Those newly elected representatives however have to fight against both progressives in the Democratic Party and many long time Republicans who spend just as badly as those across the aisle.
Prince O has racked up 7 trillion in 4 years, more spending than Reagan and Bush combined over 16 years.
You have never cared much for facts but here they are anyway.
National Debt Graph by President
What about Obama? Notice how the debt accelerated during Bush's last two budget years. Obama's debt is a continuation of that trend and neither Bush nor Obama are directly responsible for that acceleration. It happened because of the recession. Bush set the all-time record by increasing the debt by $1.1 trillion in 100 days between July 30 and Nov 9, 2008but that had little to do with his choices.
Recessions cut tax revenuesin this case, dramatically. That accounts for nearly half of the deficit. So blaming Obama for the full deficit is like blaming him for not raising the tax rate to keep tax revenues up. Most of the increased spending is automatic increases in unemployment benefits, food stamps, and social security payments for early retirement. Very little of it is from stimulus spending, and that's over.
Now THAT is some amusing stuff, Luddly! Obama shouldn't be blamed for running huge deficits because it's increases in unemployment benefits, food stamps and social security payments for people retiring early? Correct me if I'm wrong but aren't all of those things the symptoms of a weak economy...a weak economy that remains weak BECAUSE of his fiscal policies and his agenda? It's been 4 YEARS since he took office and the economy is still grinding along at a little under 2% growth. He was supposed to fix that. Instead he chose to "fix" health care by adding trillions to the deficit with another entitlement program that we have no way of paying for.
Prince O has racked up 7 trillion in 4 years, more spending than Reagan and Bush combined over 16 years.
You have never cared much for facts but here they are anyway.
National Debt Graph by President
What about Obama? Notice how the debt accelerated during Bush's last two budget years. Obama's debt is a continuation of that trend and neither Bush nor Obama are directly responsible for that acceleration. It happened because of the recession. Bush set the all-time record by increasing the debt by $1.1 trillion in 100 days between July 30 and Nov 9, 2008but that had little to do with his choices.
Recessions cut tax revenuesin this case, dramatically. That accounts for nearly half of the deficit. So blaming Obama for the full deficit is like blaming him for not raising the tax rate to keep tax revenues up. Most of the increased spending is automatic increases in unemployment benefits, food stamps, and social security payments for early retirement. Very little of it is from stimulus spending, and that's over.
Now THAT is some amusing stuff, Luddly! Obama shouldn't be blamed for running huge deficits because it's increases in unemployment benefits, food stamps and social security payments for people retiring early? Correct me if I'm wrong but aren't all of those things the symptoms of a weak economy...a weak economy that remains weak BECAUSE of his fiscal policies and his agenda? It's been 4 YEARS since he took office and the economy is still grinding along at a little under 2% growth. He was supposed to fix that. Instead he chose to "fix" health care by adding trillions to the deficit with another entitlement program that we have no way of paying for.
Its true that Boehner insists above that Republicans wont back down from the demand that spending get cut by the same amount as the debt ceiling rises. But all that really means is that they will use the size of the debt ceiling hike as a metric to set the amount of their spending cut demand not that the threat of default will be used to extract those cuts. Remember, GOP leaders well know that if they do that, the entire business community will join with Obama and Democrats to tell them to back off or take the blame for cratering the economy, leaving Republicans further isolated. So Boehner is letting it be known that Republicans dont see the debt ceiling as their primary leverage point in the battle to come.
Boehner does this by threatening to only agree to monthly debt ceiling hikes. But this should be read, if anything, as a sign of weakness. Its essentially a concession that the debt limit has to be raised; Boehner is merely threatening to drag his feet as he allows the inevitable to happen. But its just nonsense. The business community is not going to go for such a course of action, to put it mildly. And it risks dragging the country through monthly threats of default, a terrible thing to inflict on the American people.
...a growing body of evidence, hidden in plain sight, suggests Republican leaders are coming to terms with the unsustainable nature of their threat and might not be prepared to execute it.
In a Wall Street Journal interview, House Speaker John Boehner (R-OH) described the debt limit as one point of leverage, before acknowledging that it is not the ultimate leverage.
Though he will still insist on a dollar in spending cuts for every new dollar Congress provides the administration in borrowing authority, Boehner now envisions the fight playing out in a series of weeks-long increases in the debt limit an admission that Obama wont agree to hundreds of billions, or trillions dollars in spending cuts outright.
Instead, Boehner now says the sequester, which includes deep defense cuts Republican abhor, represents a greater, more realistic source of GOP leverage.
On CBS News Sunday morning, Senate Minority Leader Mitch McConnell (R-KY) dodged a series of questions about the debt limit and would not commit to holding Obama to Boehners dollar-for-dollar rule.
Newt Gingrich who attempted a less aggressive version of the debt limit hostage taking strategy during his speakership has warned Republicans that their strategy will ultimately collapse.
Everybodys now talking about, Oh, here comes the debt ceiling, he said on MSNBC. I think thats, frankly, a dead loser. Because in the end, you know its gonna happen. The whole national financial system is going to come in to Washington and on television, and say: Oh my God, this will be a gigantic heart attack, the entire economy of the world will collapse. You guys will be held responsible. And theyll cave.
Instead, Boehner now says the sequester, which includes deep defense cuts Republican abhor, represents a greater, more realistic source of GOP leverage.
Yes you do because the rw's STILL do not know what the debt ceiling is.
Looking back to our Big Spenders - Reagan and King Bush the Second, that's what they did.
Somewhere, there are videos of them running through congress, screaming CHARGE IT!
Ok - that's funny (but a little sad since it is so accurate.) And it amazes me that there are those who seem to think the Republican Party has earned some fiscal credibility.
Go figure.
Wasn't it Limbaugh who stole the maxim that advises to accuse the other side to do what you yourself are doing?
The rw's accuse the Ds of raising taxes while they love the Rs for spending, spending, spending but never repaying.
Now, the Rs say they want fiscal responsibility but, as usual, they want the poorest to pay for the richest.
Accelerating the spending and pointing fingers at others is certainly NOT a good solution, but please continue and see how it all ends up.