Here we are in the reality that tax cuts for the rich dont produce additional revenue, that basic multiplication still applies.
Conservatives have produced a 16 trillion dollar national debt in pursuit of this failed social experiment.
600 billion is hardly anything?
John Stossel: Tax The Rich? The Rich Don't Have Enough. Really. - Forbes
I would rather have a deficit of half a trillion than a trillion. As the economy recovers revenues will recover, and we get the double benefit of no longer needing to prop it up; not only does the budget become balanced but we are paying down the debt.
Obama's a conservative?
Well, he might appear that way to a radical Marxist like you.
+
Republicans built the national debt, idiot. Everytime we had a red president, they ramped the deficit up, everytime there was a blue president, deficit reduction was their agenda and they succeeded at it. The deficit was nothing which bush came in and was 1.4t when he left- if you think obama can just turn off a 1.4t budgetary shortfall by flicking his wrist, you are a colossal idiot; and if you have a problem with a democrat being left a 1.4t mess, then you would have a problem with the republicans making that mess if you wernt a hypocrate. Republicans built the debt as part of their strategy to destroy America:
Starve the beast - Wikipedia, the free encyclopedia
incompetent or saboteurs, pick your poison. The way that republicans held our credit rating hostage, and shot the hostage, deliberately ruining our credit rating points to sabotage. You cannot be any more fiscally irresponsible than that.
Tell me, how much smaller does the number need to be before you call it flat? .003 is flat.
Where in the **** are you getting your information? bush left the deficit at 1.4t, obama has lowered it to 1t so far and its on its way to 900b. revenue was 2.5t in 2008 and is 2.5t now, at least you got something right: good job obama. heres where you're missing the big picture though, 2.5t is only 15% of gdp, spitballing, another 3% of gdp would be another 500 billion dollars: you want a balanced budget or not? Tax the rich. Oh and obama has been making cuts to all those irresponsible spending expansions that BUSH made.
Employees are not charitable organizations, pay a reasonable salary, deadbeat.
You sure piss a moan a whole lot about the govt doing something you say it doesnt do: double talk much?
Turns out the employee IS worth that much, dumbass, otherwise they wouldnt have been hired in the first place since nothing is a whole lot less than minimum wage. Prices go up only to maintain an inflated sense of entitlement on the part of employers. Who told you that a million dollars is a reasonable salary? TV? The **** do you even plan to do with that money?
WHOA, NOW RED ALERT, YOU JUST WENT FULL STALINIST COMMIE. Or rather you are holding the position that there is a subclass of americans which dont deserve the opportunity to save for the future. retirement, a business of their own, a home: you say they deserve nothing. The word you are looking for to apply to this class of people is slave and that emotion is hatred, and as such, you hate Americans.
She works, and yet you hate her for it- maybe something is wrong with you?
Bad news guy, results are in and you're racist as ****. Your entire argument rests on the assumption that race makes workers intrinsically inferior.
Higher? Fine, but a working person should not be in poverty. A person who has spent their life working should not find themselves living under a bridge when theyre too old to work.
To the contrary, a market in a depression will only spiral further into recession without govt intervention. No one is hiring because demand is down, demand is down because everyone is either out of work or saving up for when they get booted because someone is willing to do the job for less, no one is investing because there is no demand for new business ventures, because those business ventures would only exist to SATE DEMAND.
In order to have a high income, you must use many American infrastructure services, which cost money, its not theft of wealth, you are purchasing a service in a manner so that the govt is only ever taking a slice of your profits. We have a deficit to balance, deal with it, you freeloading deadbeat.
No I dont, they pay some, its not enough; as reflected by our deficit, if this trickle down economics stuff was legit, we wouldnt have a deficit.
Trickle down economics doesn't exist, ReallyMeow...it's a negative term invented by critics of Supply Side economics...critics that know as little about the economics of business as you do. Money trickles upwards in a free market economy...with workers getting paid first and owners getting paid last, if at all. If you took ALL of the income of the wealthy we would still have a massive deficit. What part of that don't you quite "grasp"? We have a terrible spending problem. If we don't get it under control it will take all of the income of the wealthy AND the middle class to pay off just the interest on the accumulated debt.
Addressed that in another thread, Ill take a 500 billion dollar deficit over a 1 trillion dollar deficit any day of the week, you must be the type of person that pays the minimum balance on their credit card, good luck with that.
If you're going to say we have a spending problem, articulate what precisely we are spending too much on. attacking ss/m.aid/m.care cost republicans the election, tanf has a work component so attacking welfare doesnt work anymore, and the military is a sacred cow to republicans so that pretty much eliminates everything.
