Just when I feel a slight tinge of confidence in the Republicans, I read this

irishScott

Lifer
Oct 10, 2006
21,568
3
0
http://www.cnn.com/2010/POLITICS/09/13/obama.economy/index.html?hpt=T2

Fairfax, Virginia (CNN) -- President Barack Obama lashed out at congressional Republicans again on Monday, telling a group of northern Virginia residents that a GOP push to extend the Bush-era tax cuts for voters making over $250,000 is unaffordable.

His administration is "in this wrestling match" with the GOP leadership over whether to extend the 2001 and 2003 tax cutes for the richest Americans, Obama said. Doing so would cost another $700 billion "and we just can't afford it," he declared -- a slap at Republican cries for fiscal responsibility.

The president made his remarks during an appearance at a private home in the Washington suburbs of Fairfax County.

He appeared with, among others, Virginia Rep. Gerry Connolly, a first-term Democrat in the midst of a tough re-election fight.

Democratic congressional leaders agree with Obama that tax relief should be extended only to those making $250,000 or less, but Republicans have argued that taxes shouldn't be raised on anyone -- including the wealthy -- while the economy is weak.
House Minority Leader John Boehner, R-Ohio, said Sunday on CBS's "Face the Nation" that he would vote for extending the tax cuts only for the middle class if that was the only option he had but that he would do everything he could to extend them for everyone.
A growing number of congressional Democrats have said they agree with GOP leaders that Congress should, at a minimum, pass a temporary extension of the tax cuts for wealthier Americans until the economy improves.

Republicans have been hammering Democrats in recent weeks over the country's near double-digit unemployment rate and growing public angst over the strength of the economic recovery.

GOP leaders allege, among other things, that the Democrats' controversial $862 billion stimulus plan ballooned the federal deficit while failing to adequately restore job growth.
Top Democrats have complained that congressional Republicans are blocking new economic growth measures -- including a small-business assistance bill -- for purely partisan reasons.
Asked by one Virginia resident if he could find any common ground with what appears likely to be a more conservative, Republican Congress starting next January, Obama cited the issues of energy, immigration and long-term debt control.

"We do have a very real problem with debt and deficits," the president said. There are "legitimate fears" about whether "we're hocking our future."

For once Obama is actually being more fiscally Conservative than Republicans. Admittedly this money will probably go to help pay for his pet projects but it's at least a step in the right direction. I'm sorry, but if you're making 250k a year in this economy you are not "suffering". There is a point of diminishing returns where tax cuts simply make the rich richer without prompting them to spend more money/energize the economy, something a lot of Republicans seemingly refuse to realize.
 
Nov 30, 2006
15,456
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"We do have a very real problem with debt and deficits," the president said. There are "legitimate fears" about whether "we're hocking our future." - Obama

No shit Sherlock!
 

Cogman

Lifer
Sep 19, 2000
10,278
126
106
Raising taxes while increasing spending is not being "Fiscally conservative".

It is, IMO, responsible to raise taxes right now. However, cutting spending is IMO, much more responsible. We are in a recession, the worst thing to do while in a recession is raise taxes.
 

boomerang

Lifer
Jun 19, 2000
18,890
642
126
Obama is amazing. His sudden concern for deficits and spending is motivated solely by the pulse of the nation in light of the upcoming elections. Suddenly he cares. Give me a fucking break.

The breakpoint for the rich should not be 250K. That's not rich in many, many areas of the country. I agree that the tax cuts for the rich should not be extended, but the 250K figure is little more than political pandering to his base. A blanket statement that being "rich" starts there is laughable.

Virginia has got him by the plums in regards to ObamaCare. Their AG has found a fatal flaw in the legislation. I'm surprised he went to the state but I'm not surprised that he's all torqued up when he's there.

http://www.americanthinker.com/2010/09/obamacares_fatal_flaw_1.html
 

PingSpike

Lifer
Feb 25, 2004
21,736
565
126
LOL...oh I think its pretty clear that neither Republicans or Democrats care about the deficit, nor are they actually fiscal conservatives. But they both will bellow about it occasionally, I'll give you that!
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
Obama is amazing. His sudden concern for deficits and spending is motivated solely by the pulse of the nation in light of the upcoming elections. Suddenly he cares. Give me a fucking break.

The breakpoint for the rich should not be 250K. That's not rich in many, many areas of the country. I agree that the tax cuts for the rich should not be extended, but the 250K figure is little more than political pandering to his base. A blanket statement that being "rich" starts there is laughable.

Virginia has got him by the plums in regards to ObamaCare. Their AG has found a fatal flaw in the legislation. I'm surprised he went to the state but I'm not surprised that he's all torqued up when he's there.

http://www.americanthinker.com/2010/09/obamacares_fatal_flaw_1.html

250k may not make you "rich", which is all but completely subjective, but it does make you well off. 250k is well above the margin required for a very good quality of life unless you have a large family or have absolutely no financial sense.

On a more positive note, being a Virginian I take some pride in my state for being one of the 20 to challenge Obamacare.
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
Raising taxes while increasing spending is not being "Fiscally conservative".

It is, IMO, responsible to raise taxes right now. However, cutting spending is IMO, much more responsible. We are in a recession, the worst thing to do while in a recession is raise taxes.

I'd argue that wasting tax cuts on the well-off segments of society is a form of unnecessary spending.
 

PeshakJang

Platinum Member
Mar 17, 2010
2,276
0
0
but it's at least a step in the right direction.

Funny how that little meaningless statement can be used to justify just about anything.

I'm sorry, but if you're making 250k a year in this economy you are not "suffering".

If you are making $90,000 a year in this economy, you're not suffering.

Hell, how many people really are suffering? 20%? 30%? Why not just raise taxes on the top 70% of people? If you aren't suffering, you have too much money.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Notice how a tax cut to dems is a "cost". Like it was their money to begin with. You don't raise taxes in a deep recession.
 

DesiPower

Lifer
Nov 22, 2008
15,366
740
126

You need to check your blue ass into some serious Kool-aid detox, wealthy do not need to pay for free food and medication of the imported poors, seal the borders and stop spending like crazy THEN ask for the rich to pay, they will me more than glad to help. Right now we know very well which way Obama and his three wise human are taking us, no sensible human will be willing to put their money in a bottomless hole.
 

PeshakJang

Platinum Member
Mar 17, 2010
2,276
0
0
I'd argue that wasting tax cuts on the well-off segments of society is a form of unnecessary spending.

Is it more or less unnecessary than where the money would go?

How much would raising their taxes generate in revenue? Could you find that same amount somewhere in the budget being spent on something completely unnecessary? Seems to me that if Obama seriously had any concern for spending, revenue, or the budget, he'd be cutting shit left and right. He has more of a concern for his own social agenda of wealth redistribution.
 

JSt0rm

Lifer
Sep 5, 2000
27,399
3,947
126
The far far right want to starve the beast, let it fail and then rebuild the country in their image. The far right is in control of the republican agenda.
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
Is it more or less unnecessary than where the money would go?

How much would raising their taxes generate in revenue? Could you find that same amount somewhere in the budget being spent on something completely unnecessary? Seems to me that if Obama seriously had any concern for spending, revenue, or the budget, he'd be cutting shit left and right. He has more of a concern for his own social agenda of wealth redistribution.

I'm not praising Obama's motivations, I'm lambasting Republicans for putting their party platform over a sensible choice of action. Even it only is a broken clock right twice a day.
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
Oh, and I love how thinking that increasing taxes on the well-off is a good thing automatically makes me a Donkey-riding Dem to some on this forum, despite the numerous pro-2nd amendment posts I've made and my repeated criticism of and lack of faith in Obama.

Gotta love how polarized some people are. "A coward thinks all other men are cowards, and a thief thinks all others are thieves."
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
Funny how that little meaningless statement can be used to justify just about anything.



If you are making $90,000 a year in this economy, you're not suffering.

Hell, how many people really are suffering? 20%? 30%? Why not just raise taxes on the top 70% of people? If you aren't suffering, you have too much money.

Never said that, or anything remotely close to that. Ever watch a black and white movie or TV show? What's the predominant color on the screen? It beings with a g...
 

DesiPower

Lifer
Nov 22, 2008
15,366
740
126
Oh, and I love how thinking that increasing taxes on the well-off is a good thing automatically makes me a Donkey-riding Dem to some on this forum, despite the numerous pro-2nd amendment posts I've made and my repeated criticism of and lack of faith in Obama.

Gotta love how polarized some people are. "A coward thinks all other men are cowards, and a thief thinks all others are thieves."

And we are supposed to remember who are you and what you believe in, get a life doofus, there are 100s of posters here, in any given thread you become what you post.
 

irishScott

Lifer
Oct 10, 2006
21,568
3
0
And we are supposed to remember who are you and what you believe in, get a life doofus, there are 100s of posters here, in any given thread you become what you post.

Only to morons who don't know how to use the search function or just want to pick a fight with a semi-imaginary enemy. I'm fine with people disputing what I say, and no I don't expect everyone to know who I am or what I believe, but I have enough "life" experience to know that you don't categorize someone off of one post or even spoken point.
 

Double Trouble

Elite Member
Oct 9, 1999
9,272
103
106
In what alternate universe does saying "raise taxes on a segment on the population!" equate to "fiscal conservatism"? Leave the cuts in place, and start cutting government spending, that would be fiscal conservatism.

I imagine Obama is just starting to get very worried about the upcoming (and well deserved) crushing the dems are going to take in November, and he's trying to play the old class warfare card to get the base fired up ("hey, it's all the fault of those rich bastards! Raise their taxes!").
 

her209

No Lifer
Oct 11, 2000
56,352
11
0
Obama is amazing. His sudden concern for deficits and spending is motivated solely by the pulse of the nation in light of the upcoming elections. Suddenly he cares. Give me a fucking break.
Pot meet kettle.
 

Cogman

Lifer
Sep 19, 2000
10,278
126
106
I'd argue that wasting tax cuts on the well-off segments of society is a form of unnecessary spending.

If the government was a business whose sole purpose was making money, then I would agree. (and, to some extent I do agree. Right now the government should be focusing on generating the largest income for itself now and in the future until it is either out of debt or has minimal debt.)

Hardline fiscal conservatism is about keeping taxes to a minimum and government to a minimum. Now, I guess I see your point that right now taxes aren't high enough to be considered minimum. However, in general, a tax increase goes against being fiscally conservative.

I don't know if the bush tax cuts should totally go away. it would constitute a huge tax increase that I just don't think would be good for the economy right now.
 
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