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How to end the recession

Patrick2

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First, loot those rich people. Hell, take ALL of their money. Yaaaaaaaaaaa. Add regulations on business - let's quit dicking around - I'm talking LOTS of regulations - thousands and thousands of them. And taxes - huge ass taxes - bring back the 90% bracket Reagan did away with, hell, let's invent a 99% bracket. Finally those damn corporations. Rreally, let's quit playing around the edges, OK? ILLEGALIZE the suckers.
All this stuff started with Reagan, Ya know? But we can fix it - just replace all those irritating corporations with government agencies. That's the ticket.
 

Charles_Main

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Obama should just print 300,000,000,000,000 Dollars and give every American 1 Million Bucks. Then he can create 10,000 new Government Agencies and hire 30,000 Americans for each one. Then we will all have money to spend and a job. Wooo Hooo. Government is the answer to all the worlds Problems, Spending is key, do it early and do it often.

When our Creditors stop Lending, and call in their debt. when our Dollar is so devalued, and Inflation so bad that you need a Bag full of Money to buy a Hamburger. When the whole system crashes down under the weight of unsustainable nanny state Policies. We can just Nuke the fuck out of everyone and call it a night.

Wooooo HooooOOOOOOOOH
 
OP
P

Patrick2

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Obama should just print 300,000,000,000,000 Dollars and give every American 1 Million Bucks.

Wait a minute - everyone? Here I think your head's on straight, but then you want to give a million to the rich oligarch corporatist fascist people with unequal incomes TOO!
 

KissMy

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Obama should just print 300,000,000,000,000 Dollars and give every American 1 Million Bucks.

We have $115,000,000,000,000 & climbing in unfunded liabilities. So we will get around to printing at least that amount in the coming years. Best to buy gold & vote for every entitlement spending thing that comes along.
 
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AVG-JOE

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A Simple Tax Code = Fair Taxes.

Fair taxes, a budget balanced by law, and then build a society your children will proud of. That's how you end the recession.

Congress stepped outside The Constitution when they took upon themselves the power to tax you differently from me. The time to end the complicated tax code and the corruption it breeds is now.
 

editec

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The recession has nothing to do with taxes.

Raise taxes or lower them the problems that lead this nation into recession remain unchanged.
 

naturegirl

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The recession has nothing to do with taxes.

Raise taxes or lower them the problems that lead this nation into recession remain unchanged.

I agree, taxes didn't start nor will it end this recession. Too much government regulation and too many hands in the till of government $ will only prolong this debacle.
 

AVG-JOE

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The recession has nothing to do with taxes.

Raise taxes or lower them the problems that lead this nation into recession remain unchanged.

It's not about raising taxes now any more than it was about lowering taxes back in 2003. It's about fair taxes and congress giving back to the people the economic power it hijacked when it took upon itself the power to tax us differently from each other.

Fair taxes and a budget balanced by law will end all recessions.
 

Truthseeker420

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The recession has nothing to do with taxes.

Raise taxes or lower them the problems that lead this nation into recession remain unchanged.

It's not about raising taxes now any more than it was about lowering taxes back in 2003. It's about fair taxes and congress giving back to the people the economic power it hijacked when it took upon itself the power to tax us differently from each other.

Fair taxes and a budget balanced by law will end all recessions.

Bush Tax cuts was about giving corporations a free ride.
 

AVG-JOE

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The recession has nothing to do with taxes.

Raise taxes or lower them the problems that lead this nation into recession remain unchanged.

It's not about raising taxes now any more than it was about lowering taxes back in 2003. It's about fair taxes and congress giving back to the people the economic power it hijacked when it took upon itself the power to tax us differently from each other.

Fair taxes and a budget balanced by law will end all recessions.

Bush Tax cuts was about giving corporations a free ride.


The entire tax code is about giving various groups a free ride and for many, We, The Peeps are picking up the bar tab for the journey.

Simple = Fair.

Fair taxes, a budget balanced by law and then build the society your children dream of.

[ame=http://www.youtube.com/watch?v=OZL3l8iCA4k]The Jetsons Tv Intro - YouTube[/ame]
 

Mr.Nick

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First, loot those rich people. Hell, take ALL of their money. Yaaaaaaaaaaa. Add regulations on business - let's quit dicking around - I'm talking LOTS of regulations - thousands and thousands of them. And taxes - huge ass taxes - bring back the 90% bracket Reagan did away with, hell, let's invent a 99% bracket. Finally those damn corporations. Rreally, let's quit playing around the edges, OK? ILLEGALIZE the suckers.
All this stuff started with Reagan, Ya know? But we can fix it - just replace all those irritating corporations with government agencies. That's the ticket.

And progressives bitch when their ignorant minds are labeled Marxists?

That idea was published in 1843....

You're late.

No, you're just progressive - "new age" thoughts...

I suppose it will work this time eh?

Round 2....
 

editec

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First, loot those rich people. Hell, take ALL of their money. Yaaaaaaaaaaa. Add regulations on business - let's quit dicking around - I'm talking LOTS of regulations - thousands and thousands of them. And taxes - huge ass taxes - bring back the 90% bracket Reagan did away with, hell, let's invent a 99% bracket. Finally those damn corporations. Rreally, let's quit playing around the edges, OK? ILLEGALIZE the suckers.
All this stuff started with Reagan, Ya know? But we can fix it - just replace all those irritating corporations with government agencies. That's the ticket.

And progressives bitch when their ignorant minds are labeled Marxists?

That idea was published in 1843....

You're late.

No, you're just progressive - "new age" thoughts...

I suppose it will work this time eh?

Round 2....


Time to get your irony meter adjusted, Mr. N.
 

waltky

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Shouldn't it be the other way around or 50/50?...
:confused:
Obama's $3T deficit plan is half tax hikes
September 18, 2011 WASHINGTON - Drawing a bright line with congressional Republicans, President Barack Obama is proposing $1.5 trillion in new tax revenue as part of his long-term deficit reduction plan, according to senior administration officials.
The president on Monday will announce a proposal that includes the new taxes, nearly $250 billion in reductions in Medicare spending, $330 billion in cuts in other mandatory benefit programs, and savings of $1 trillion from the withdrawal of troops from Iraq and Afghanistan. The plan includes no changes in Social Security and does not include an increase in the Medicare eligibility age, which the president had considered this summer. The president will also reportedly threaten a veto of any bills that don't raise taxes for the wealthy and corporations, The Hill newspaper reports. All in all, the president's plan is as much an opening bid as it is a political statement designed to draw contrasts with Republicans, who control the House of Representatives.

The new taxes in particular have little or no chance of passing Congress as proposed. Republicans were already lining up against the president's tax proposal before they even knew the magnitude of what he intended to recommend. The $1.5 trillion in tax revenue would include about $800 billion realized over 10 years from repealing the Bush-era tax rates for couples making more than $250,000. It also would place limits on deductions for wealthy filers and end certain corporate loopholes and subsidies for oil and gas companies.

In addition to that, Obama has proposed a so-called "Buffet Rule," raising taxes on America's wealthiest citizens, which some pundits have called a populist move. However, what some are calling a populist move, House Budget Committee Chairman Paul Ryan derided as "class warfare." "Class warfare might make for good politics, but it makes for bad economics," the Wisconsin Republican said on "Fox News Sunday." By adding the tax revenue, about $580 billion in proposed mandatory spending cuts, the savings from troop withdrawals and $1 trillion in spending cuts already in place, the combined deficit reduction would total about $4 trillion over 120 years. The administration also identified $430 billion in savings from lower interest payment on the debt.

Obama backed away from proposing sweeping changes to Medicare, following the advice of fellow Democrats that it would only give political cover to a privatization plan supported by House Republicans that turned to be unpopular with older Americans. Administration officials said 90 percent of the $248 billion in 10-year Medicare cuts would be squeezed from service providers. The plan does shift some additional costs to beneficiaries, but those changes would not start until 2017, and administration officials made clear as well that Obama would veto any Medicare cuts that aren't paired with tax increases on upper-income people. The president's plan also called for cuts of $72 billion over ten years from Medicaid, the federal-state health care program for low-income people and the severely disabled. States, hospitals and advocates for the poor are expected to resist those.

Source

See also:

Obama to propose $1.5 trillion in new tax revenue
19 Sept.`11 - WASHINGTON – President Barack Obama's proposal to reduce long-term deficits with $1.5 trillion in new taxes is less an opening bid in a negotiation than it is an opening salvo in a struggle to draw sharp contrasts with congressional Republicans.
Obama's proposal is aimed predominantly at the wealthy and comes just days after House Speaker John Boehner ruled out tax increases to lower deficits. It also comes amid a clamor in his own Democratic Party for Obama to take a tougher stance against Republicans. And while the plan stands little chance of passing Congress, its populist pitch is one that the White House believes the public can support. The core of the president's plan totals just more than $2 trillion in deficit reduction over 10 years. It combines the new taxes with $580 billion in cuts to mandatory benefit programs, including $248 billion from Medicare.

The administration also counts savings of $1 trillion over 10 years from the withdrawal of troops from Iraq and Afghanistan. The deficit reduction plan represents an economic bookend to the $447 billion in tax cuts and new public works spending that Obama has proposed as a short-term measure to stimulate the economy and create jobs. He's submitting his deficit fighting plan to a special joint committee of Congress that is charged with recommending deficit reductions of up to $1.5 trillion over 10 years.

In a defiant note, administration officials made clear Sunday that Obama would veto any Medicare benefit cuts that aren't paired with tax increases on upper-income people. Officials cast Obama's plan as his vision for deficit reduction, and distinguished it from the negotiations he had with Boehner in July as Obama sought to avoid a government default. As a result, it includes no changes in Social Security and no increase in the Medicare eligibility age, which the president had been willing to accept this summer.

Moreover, the new tax revenue Obama is seeking is nearly double the $800 billion that Boehner had been willing to consider in July. Republicans were already lining up against the president's tax proposal before they even knew the magnitude of what he intended to recommend. "Class warfare may make for really good politics but it makes for rotten economics," GOP Rep. Paul Ryan of Wisconsin, the House Budget Committee chairman, said Sunday in reaction to one Obama tax proposal to impose a minimum tax rate on wealthy filers.

MORE
 

Mr Clean

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What makes anyone think that this recession is ever going to end?

That what we see now is the new norm?

That a change in leadership in Washington is going to change things for the better?

Better get used to a life with less because the party's over.
 

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