- Feb 26, 2001
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Maybe we should have included revenues and made a real debt deal? Maybe we should actually quit crushing the middle class and get money in the hands of people that will spend it? How pathetic.
Hmmmmm
- Thread starter Trampled Underfoot
- Start date
Maybe we should stop giving our money to the government for them to waste? That's not a maybe...it is a FINALLY!!!
The Obama promised change and now we have it. We can spend our money ourselves.
And by the way since The Obama said, "if our credit rating is downgraded, it will be a tax on everyone," he and people like you now have your tax increase.
I'm all for eliminating tax loopholes but, not one American should pay once cent more in taxes.
The Obama promised change and now we have it. We can spend our money ourselves.
And by the way since The Obama said, "if our credit rating is downgraded, it will be a tax on everyone," he and people like you now have your tax increase.
I'm all for eliminating tax loopholes but, not one American should pay once cent more in taxes.
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....and why did S&P downgrade the United States?
I'll answer for assbob. It's because the Republicans refused to discuss tax increases on the elite to solve the problem. And any person capable of critical thinking would realize this isn't getting solved with only spending cuts. Wake up.
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Seriously, when tax rates are at historical lows, when we are at 2 to 4 wars, and our debt is the highest it's ever been, SOME tax increases cannot be considered? Seriously? And you want to be taken seriously as someone who wants to SOLVE the problems we face? I agree, spending has to come down - but there have been only ONE president in our history that has mandated tax cuts at a time of war that he sponsored for our country, and one who has continued them. Not ONE conservative here ever seems to want to face that fact. It's disgraceful.
Sorry, Trampled. Nice talking point but you are wrong.
US Debt should have been downgraded years ago.
The fault lies with the politicians who have run amok in DC for the past 40 years with no spending constraint.
To try and pin this on the Tea Party or the Republicans is horseshit.
Say what you will about the TeaParty - they came to DC, having been voted in to effect fiscal discipline and, amazingly enough, they showed some moral fortitude and did not cave.
I wish all the politicians could be counted on to do the things they were voted in to do, regardless of the party affiliation.
US Debt should have been downgraded years ago.
The fault lies with the politicians who have run amok in DC for the past 40 years with no spending constraint.
To try and pin this on the Tea Party or the Republicans is horseshit.
Say what you will about the TeaParty - they came to DC, having been voted in to effect fiscal discipline and, amazingly enough, they showed some moral fortitude and did not cave.
I wish all the politicians could be counted on to do the things they were voted in to do, regardless of the party affiliation.
- Feb 26, 2001
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Oh I have no doubt that it should have been downgraded before. That is not the point.
At this juncture in time, if you want to be serious about solving this problem you are going to need revenues as well as cuts.
And it is easy to pin this on the GOP because they are the reason a realistic compromise was not made. Like it or not they are the reason. Of course Obama is not innocent. He should have called them on their BS. Letting the GOP run the show is a fucking joke.
i am all for increased revenue based on a flat tax.
Tax code has to be revised (if we can not get a flat tax). Considering that the tax code benefits those in power (or the people who have put them there) this will be a trouble spot.
Military and entitlement spending has to be reduced
Foreign aid needs to be eliminated.
Tax code has to be revised (if we can not get a flat tax). Considering that the tax code benefits those in power (or the people who have put them there) this will be a trouble spot.
Military and entitlement spending has to be reduced
Foreign aid needs to be eliminated.
Wrong. It had nothing to do with tax increases. The decision was not based on future revenue but "budget savings ?fell short? of what was necessary to tame the nation?s debt over time and predicted that leaders would not be likely to achieve more savings in the future".
Very critical thinking there tramp. Ever heard of overspending.
:mj07:
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"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."
President Barack Obama, center seated, smiles after signing the $858 billion tax deal into law in a ceremony in the Eisenhower Executive Office Building on the White House complex, Friday, Dec. 17, 2010 in Washington.
(Credit: AP)
"We are here with some good news for the American people this holiday season," Mr. Obama said.
The president said the bill ultimately reflected "a good deal for the American people."
_______________________________________
Seems to me that there was a chance for increased revenue, no? Lay blame where you want, but when the president signs off on and endorses like above, it is kind of hard to take the anti-right stuff seriously.
- Feb 26, 2001
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President Barack Obama, center seated, smiles after signing the $858 billion tax deal into law in a ceremony in the Eisenhower Executive Office Building on the White House complex, Friday, Dec. 17, 2010 in Washington.
(Credit: AP)
"We are here with some good news for the American people this holiday season," Mr. Obama said.
The president said the bill ultimately reflected "a good deal for the American people."
_______________________________________
Seems to me that there was a chance for increased revenue, no? Lay blame where you want, but when the president signs off on and endorses like above, it is kind of hard to take the anti-right stuff seriously.
Wasn't that when the GOP held the unemployment benefits for ransom until the Dems agreed to extend the Bush tax cuts? Once again Obama was being a pussy when he should have been tough and told them to go to hell.
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The head guy was asked - how could this (the downgrade) have been avoided and he basically said that congress could have raised the debt limit like they've done 60-70 times since the debt ceiling was reached.
These aren't opinions and this isn't debatable.
The downgrade was because of the fight on raising the debt ceiling
You can continue to blame whomever you like but, The Obama had two years of a democratic Congress and and here we are.
He ignored his own commission's report on dealing with entitlements.
He failed to submit a reasonable budget (the one submitted was voted down by HIS Senate 97-0).
Reid failed to get the debt ceiling raised when he could have done so at any time and he made the decision not to do it.
The people have already reached consensus on his Presidency...that's why we have a Republican House.
Like I said, The Obama promised change and now we are getting it. Bobby BC, so you are saying we should have just done what we have always done and increased the limit? Your community organizer is in over his head and you, my friend, are screwed unless he doesn't run for re-election.
Tax policy will change, a flat tax would be great and loopholes will be closed but, you can also believe that the days of unrestrained spending are over and self-reliance will again be the norm instead of reliance on the government.
And I will again say that the problem is spending not lack of revenue. How about taking fraud out of social programs and reducing the population of illegal aliens? How about tort reform for physicians and reduction of subsidies? What about a critical review of foreign aid and defense spending? The Obama could get an increase in the eligibility age for SSN and MC today if he had the balls to do so. They guy cannot lead so don't blame that on anyone but, him...and maybe the people who voted for him although they couldn't have predicted his lack of backbone
In Arizona, crime has had a double digit decline, births are way down as are enrollments in school. Unfortunately, thanks to the idiot Holder, some of those illegals went to other states but, most went back home. Those tax dollars are no longer wasted.
He ignored his own commission's report on dealing with entitlements.
He failed to submit a reasonable budget (the one submitted was voted down by HIS Senate 97-0).
Reid failed to get the debt ceiling raised when he could have done so at any time and he made the decision not to do it.
The people have already reached consensus on his Presidency...that's why we have a Republican House.
Like I said, The Obama promised change and now we are getting it. Bobby BC, so you are saying we should have just done what we have always done and increased the limit? Your community organizer is in over his head and you, my friend, are screwed unless he doesn't run for re-election.
Tax policy will change, a flat tax would be great and loopholes will be closed but, you can also believe that the days of unrestrained spending are over and self-reliance will again be the norm instead of reliance on the government.
And I will again say that the problem is spending not lack of revenue. How about taking fraud out of social programs and reducing the population of illegal aliens? How about tort reform for physicians and reduction of subsidies? What about a critical review of foreign aid and defense spending? The Obama could get an increase in the eligibility age for SSN and MC today if he had the balls to do so. They guy cannot lead so don't blame that on anyone but, him...and maybe the people who voted for him although they couldn't have predicted his lack of backbone
In Arizona, crime has had a double digit decline, births are way down as are enrollments in school. Unfortunately, thanks to the idiot Holder, some of those illegals went to other states but, most went back home. Those tax dollars are no longer wasted.
I watched his interview on anderson cooper. He was very clear. Not sure why so many are sweeping the words of the man ultimately responsible for the downgrade under the rug:shrug:
It's really pretty simple. The Tea Party got what they wanted -- no new taxes. The fight over the debt ceiling and the lack of revenue increases resulted in the credit downgrade. Just own it, Bob.
Azbob, dogs and jaxx think that their opinions of the reasons for the downgrade are just as relevant as the opinion of the guy ultimately responsible for the issuance of the downgrade.
Such is the nature of political discourse in 2011. The color of the sky is open for debate.
Oh vey
Cie...I don't see anything in my post attributing blame for the downgrade.
Trench...you telling me to "own it" is great...why don't you open your eyes and tell The Obama to own it since he is MIA.
How about one post from any of you that doesn't attach blame to someone else other than the person in charge and, perhaps, note a few things that he should do...he certainly is not capable.
Trench...you telling me to "own it" is great...why don't you open your eyes and tell The Obama to own it since he is MIA.
How about one post from any of you that doesn't attach blame to someone else other than the person in charge and, perhaps, note a few things that he should do...he certainly is not capable.
What does that quote say? I am sure it was a combination issues. Everyone wants to pull quotes supporting their argument. Useless.
Pres takes all the credit when something good happens and places blame everywhere but himself when it goes wrong. Please grow a pair and lead. This country needs it in a very big way.
