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Taxes Still a Stumbling Block As US Debt Talks Continue
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Taxes Still a Stumbling Block As US Debt Talks Continue

  #1 (permalink)
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Taxes Still a Stumbling Block As US Debt Talks Continue

Obama and his fellow Democrats repeated the need for a "balanced" approach, while Republicans restated their position that tax increases would further burden the already shaky economy.

More on CNBC...

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  #2 (permalink)
Fortitudo et Honor
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Politics as usual.

They want a "balanced" approach, yet the problem was not created with a balanced approach.

We don't have a revenue problem...we have a spending problem.

US in United States 1903-2010 - Federal State Local Government Spending As Percent Of GDP&state=US&color=c&local=s&show=

We have gradually crept and crept to the point that we cannot sustain these socialist programs. When will Americans WAKE UP and realize that Europe is our future. They cannot sustain socialist policies any more than we can.

It's simply a game of musical chairs and eventually, you max out our credit and no one will loan you anymore money and you end up having riots in the streets because the credit stops and so the benefits stop.

Keynes was a fool. His theories were rosy and Sunny and 70 degrees. Just like most liberals, they live in a dream world where things are perfect and everyone behaves like they're supposed to behave.

In the real world.......saving during good times to spend during bad times and even out the growth curve does not work.

Why? Governments, just like employers, experience the "ratchet" effect with respect to pay and compensation.

It's very easy to tell a recipient of pay or benefits they'll be getting a raise or an increase. It's VERY difficult to inform them that times are tough and they'll get a reduction.

And thus, governments and politicians SPEND DURING BAD TIMES, and THEN THEY SPEND DURING GOOD TIMES.

You get union workers and entitlement recipients crying for more benefits when times are great....and when times are bad, you get Keynesians screaming we need to spend our way out of it.

We cannot continue to spend at these unsustainable levels.

Hell, the Democrats would have you believe that if we return to even 2008 levels of spending that those cuts are "DRACONIAN" as if we were living in the stone ages just 3 years ago.

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
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  #3 (permalink)
Fortitudo et Honor
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The other thing that's laughable is that the approach isn't even "balanced."

Democrats simply want some ammunition to pull the wool over their constituents eyes and say....."see, we made them increase taxes, it was balanced..."

The reality is the taxes the Democrats are whining about amount to a whopping $90BN over 10 years.

$90 BN they're crying about and the deficit was $1.6TRILLION last year.

They need to quit crying about corporate jets and QUIT EFFING SPENDING TOO MUCH MONEY.

Everyone in America needs a giant wake up call......stop relying on the government for your healthcare and your retirement, and go out and provide for yourself....1) You'll feel better by doing it. 2) The government probably won't be there when you need them to be.

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
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RM99 View Post
The other thing that's laughable is that the approach isn't even "balanced."

Democrats simply want some ammunition to pull the wool over their constituents eyes and say....."see, we made them increase taxes, it was balanced..."

The reality is the taxes the Democrats are whining about amount to a whopping $90BN over 10 years.

$90 BN they're crying about and the deficit was $1.6TRILLION last year.

They need to quit crying about corporate jets and QUIT EFFING SPENDING TOO MUCH MONEY.

Everyone in America needs a giant wake up call......stop relying on the government for your healthcare and your retirement, and go out and provide for yourself....1) You'll feel better by doing it. 2) The government probably won't be there when you need them to be.

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Thought you might like this:Obama vs. Obama | The Weekly Standard

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I wish people would stop conflating the meaning of words with other words.

Just the thought of using the word 'balanced' is a joke. Or when people use the phrase "Fair share." What about that 43% of people that don't pay ANY taxes? When are they going to pay THEIR fair share? Or those people who pay very little of a percentage of their earnings in taxes, when are they going to step up and pay their fair share? Worst of all, what about those mofos that not only share none of the tax burdern, but also through things like the EIC manage to get a REFUND back from the other taxpayers.... when are these people going to step up and pay their fair share?

It's so easy to vilify a small portion of the population, and continue to shift more of the burden onto them. The politicians pick certain industries or companies and attempt to 'go after' them. WTF is that about? The government should be relatively impartial.

If we are going to go after 'big oil,' or 'corporate jet owners,' why don't we go after "Apple" or "Microsoft" as well? Why should one company get special privileges and not the others?

While we're at it, why don't we go after "Big Education?" Those bastards have been price gouging students and parents for years. The cost of a college education has increased like 400% in the past 20 years, wtf? The average family income is only up 140% or so in the same time period.

So let me get this right..... these bastards own the keys to education, we send loads more students to college via government subsidies, and these people can't LOWER the cost per student? They are charging more money because they can at tax payer expense.

Now a lot of people don't belong in college, and will not see a return on their investment. But nobody can say that for fuel. A gallon of gas is real and quantifiable, and you are guaranteed to get a certain amount of energy from that gallon of gas INSTANTLY and will do a defined amount of 'work.' Nobody has ever returned a gallon of gas, and the profit margin for a gallon of gas is LESS than college education. And these a$$hats in Washington want to go after "big oil."

If they are going to selectively pick winners and losers, why not start with the people who are really gouging the citizens?


Last edited by forrestang; July 11th, 2011 at 04:11 PM.
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Liberalism is a MENTAL DISORDER!!!! -Michael Savage

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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  #7 (permalink)
Fortitudo et Honor
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rtrade View Post
Liberalism is a MENTAL DISORDER!!!! -Michael Savage

The problem is that liberals aren't liberals anymore. Liberalism has come to encompass MANY stereotypes these days, and partly because the Democrats and "liberal" movement has come to mean anything not conservative.

Liberals will get into bed with anyone who can vote their way.

Modern liberals are now under the assumption that if you don't agree with them, A) You're uneducated and simply unenlightened and B) We'll simply legislate you into doing what they want anyway.

I support anything that's liberating in nature.....but liberals take liberty to an oppressive level. They want everyone to believe and support what THEY believe in.

Socialism is simply spreading bad outcomes out equally. Liberals and socialists never really stop to wonder why there are bad outcomes (or attempt to solve the root problem) they simply acknowledge there are bad outcomes and expect everyone else to pay the price for them.

There's comfort in socialization if you're truly unfortunate. UNFORTUNATELY, there's also comfort in socialism if you're lazy, inept, genetically recessive (I mean that in the most racially neutral way possible....as in...your disease prone and shouldn't really be passing on your genes to anyone)....etc.

Liberals always find a way to make excuses.....he was abused as a child...he didn't have the same opportunities as a child....it was society that made him that way....it's not his fault.....

Unfortunately, the theory and the notion that EVERYONE "deserves" 6 weeks of paid vacation and "deserves" a certain level of prosperity is a dangerous one.

We've literally come to the point where the have nots, figured out that they can simply vote themselves money and benefits. Naturally, these benefits and wealth come from those that have.

Like most liberals...they simply assume that those with wealth achieved it through some fortunate event or series of events (just like they assume that anyone who's unsuccessful is there by misfortune rather than self determination).

This is partly why most of Hollywood and the music industry (and the media) are liberal. 1) Journalism, Music, Theater are all "liberal arts." But more cogently, actors and musicians usually do come to prominence through some divine chance or happening.

They simply assume that anyone who has "more money than they need" ought to give up more than their share to those with less....and they never stop to wonder how either party arrived at their station in life.

So lumped in together, are the old money, trust fund, silver spoon kids who never worked a day in their life, AND the guy who slaved most of his life away to start a business, got it going, is now making good money as a result of all his work and the government (via liberal policy) decides he ought to share a disproportonate amount.

Conversely, many conservatives lump together the dirtbag, born to lose, lazy bum who refuses to work his whole life and now has his hand out, with the guy who worked really hard and was truly a victim of circumstances (his job was outsourced overseas, he was underprivelaged from the beginning and not afforded educational opportunities, etc).

The problem with liberalism vs. conservatism in that vein, is that the liberal feels that government is somehow a viable and effective solution to determining who and when and how I should give my money to help others.

I fully support and endorse and encourage those who are more fortunate to help others...I just don't think that's best achieved through government control.

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
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