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Old 11-14-2012, 08:13 PM  
petegz28 petegz28 is offline
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Classic Obama double-speak

Quote:
Obama said the top priority in solving the country's fiscal crisis "must be jobs and growth."
Quote:
White House press secretary Jay Carney said the president would bring to the table a proposal for $1.6 trillion in new taxes on business and the wealthy when he begins discussions with congressional Republicans, a figure that Obama outlined in his most recent budget plan. The targeted revenue is twice the amount Obama discussed with Republican leaders during debt talks during the summer of 2011.
http://www.cnbc.com/id/49821777

Ok, you can't say on one hand your #1 priority is "jobs and growth" and on the other hand talk about raising taxes on business.

For the economically challenged, raising taxes on businesses raises the cost of doing business which does not spur job creation nor growth of the economy.

I swear listening to this Admin and his party makes me feel like I took a handfull of crazy pills sometimes.
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Old 11-14-2012, 09:00 PM   #31
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Quote:
Originally Posted by petegz28 View Post
I never said it wasn't time to do something. It's past time. But that doesn't mean raising taxes on business is the answer. There is an answer and it's a clear answer that continues to elude the economic challenged politicians in DC
I think the "clear answer" you are speaking about is massive cuts, and Im all for that. I just dont think it will be enough. I really wish we didnt have to raise taxes on anyone but, I think we will have to.
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Old 11-14-2012, 09:00 PM   #32
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Quote:
Originally Posted by chiefforlife View Post
I generally respect what you say even if I dont agree with it but this...

How could you think 4 years of accomplishing nothing, because of the stand off is what we need?
Because it really is doing something—>automatic cuts and taxes occur.

They can also default. ( I edited and added this but you may have missed it.)
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Old 11-14-2012, 09:00 PM   #33
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Quote:
Originally Posted by BucEyedPea View Post
Actually, doing nothing is the best thing because then automatic cuts in spending and taxes will happen.
That right there IS doing something. Precisely what both parties called for earlier.

They can also default. That'd be doing something too. Our govt is bankrupt.

Crying about a fiscal cliff is code for save the govt!!! I prefer to save the people!!!





And you guys cried foul about all the spending Bush and his Republicans engaged in, while the Bush Fed engaged in stimulus. It's no wonder we had a recession.

The cognitive dissonance is astounding.
ACtualyl doing nothing is not going to fix anything either. The clear answer that continues to go unrecognized has little to do with Obama, Congress or taxes though they play a part.
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Old 11-14-2012, 09:01 PM   #34
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Quote:
Originally Posted by chiefforlife View Post
I think the "clear answer" you are speaking about is massive cuts, and Im all for that. I just dont think it will be enough. I really wish we didnt have to raise taxes on anyone but, I think we will have to.
Uhhh..nope!
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Old 11-14-2012, 09:03 PM   #35
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Quote:
Originally Posted by BucEyedPea View Post
Actually, doing nothing is the best thing because then automatic cuts in spending and taxes will happen.
That right there IS doing something. Precisely what both parties called for earlier.

They can also default. That'd be doing something too. Our govt is bankrupt.

Crying about a fiscal cliff is code for save the govt!!! I prefer to save the people!!!





And you guys cried foul about all the spending Bush and his Republicans engaged in, while the Bush Fed engaged in stimulus. It's no wonder we had a recession.

The cognitive dissonance is astounding.
Your first quote is actually a good point. One that I forgot about. I would actually be OK with that part even though it would mean higher taxes for all.

Your second quote is way off, I dont know what you mean by "you guys".
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Old 11-14-2012, 09:03 PM   #36
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Quote:
Originally Posted by chiefforlife View Post
Your first quote is actually a good point. One that I forgot about. I would actually be OK with that part even though it would mean higher taxes for all.

Your second quote is way off, I dont know what you mean by "you guys".
Higher taxes for all will choke off what little growth we have going
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Old 11-14-2012, 09:05 PM   #37
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I am amazed at how some of you fail to see the forest through the trees. Taxes and spending are just a small piece of a bigger puzzle.
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Old 11-14-2012, 09:06 PM   #38
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Quote:
Originally Posted by petegz28 View Post
ACtualyl doing nothing is not going to fix anything either. The clear answer that continues to go unrecognized has little to do with Obama, Congress or taxes though they play a part.
Actually it is doing something, because automatic spending cuts will aid economic growth.
That is unless you're into MS economics which is Keynesian economics. Unfortunately, even Republicans fall for the BS that govt spending helps the economy.

This crying about the "fiscal cliff" is begging for another can to kick down the road until we backed into the same situation again. It's about keeping big govt intact.
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Old 11-14-2012, 09:06 PM   #39
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Quote:
Originally Posted by petegz28 View Post
Higher taxes for all will choke off what little growth we have going
Looking at that on the surface, it sounds logical but when the rates were higher, we didnt have any growth issues. I am not convinced the two are related.
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Old 11-14-2012, 09:07 PM   #40
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Quote:
Originally Posted by BucEyedPea View Post
Actually it is doing something, because automatic spending cuts will aid economic growth.
That is unless you're into MS economics which is Keynesian economics. Unfortunately, even Republicans fall for the BS that govt spending helps the economy.

This crying about the "fiscal cliff" is begging for another can to kick down the road until we backed into the same situation again. It's about keeping big govt intact.
Spending cuts will not aide economic growth. I am not saying we shouldn't cut spending, I am just saying that they won't aide economic growth.
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Old 11-14-2012, 09:08 PM   #41
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Why this:

Cote said the 12 CEOS at the meeting "felt good" by what they heard. He said they were left with the feeling that "OK, these guys could actually get something done."

and then your outrage?

It seems like the people running the businesses are ok with what he said. What's your problem?
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Old 11-14-2012, 09:08 PM   #42
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Quote:
Originally Posted by chiefforlife View Post
Your first quote is actually a good point. One that I forgot about. I would actually be OK with that part even though it would mean higher taxes for all.
Yeah that is true. But ya' know if everyone pays and feels it, that's the only way they will begin to see why we need to cut the size of the government. It's only continuing to grow because people think they can just pass the costs onto someone else. That has to end. Feel it and there's more hope for reform

Quote:
Your second quote is way off, I dont know what you mean by "you guys".
Sorry, I don't see you here much and I thought you were on the left.
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Old 11-14-2012, 09:08 PM   #43
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Originally Posted by chiefforlife View Post
Looking at that on the surface, it sounds logical but when the rates were higher, we didnt have any growth issues. I am not convinced the two are related.
You are scratching the very, very tip of a much bigger iceberg though you don't realize it.

Tell me, when rates were higher:

What was the cost of a gallon of gas?
What did milk cost?
What were energy bills then compared to now?
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Old 11-14-2012, 09:09 PM   #44
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Quote:
Originally Posted by J Diddy View Post
Why this:

Cote said the 12 CEOS at the meeting "felt good" by what they heard. He said they were left with the feeling that "OK, these guys could actually get something done."

and then you're outrage?

It seems like the people running the businesses are ok with what he said. What's your problem?
These are the same people who benefit in the short term by cutting 1,000's of jobs.

Next...
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Old 11-14-2012, 09:10 PM   #45
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Quote:
Originally Posted by petegz28 View Post
Spending cuts will not aide economic growth. I am not saying we shouldn't cut spending, I am just saying that they won't aide economic growth.
Then we disagree. The federal govt after WWII cut spending dramatically and there was an economic boom.
The more the govt needs for revenue, the more it has to take out of the private economy. That suppresses it.

You're a Keynesian. I am not. I'm an Austrian economics advocate.
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