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Old 11-14-2012, 09:13 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, 10:33 PM   #61
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Originally Posted by chiefforlife View Post
Speaking of the immediate, we have what 50 days to do something. We need to raise revenue AND make serious cuts!

Raising revenue can be done through job creation, expanding the tax base. However, that takes time. That leaves us with raising taxes as the only immediate response to raise revenue.Coupling that with cuts is the balanced approach he is talking about.

For the moment, thats all we have.
What cuts is Obama proposing? Especially since he gave us Obamacare which has $17 trillion in unfunded liabilities.
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Old 11-14-2012, 10:34 PM   #62
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Quote:
Originally Posted by chiefforlife View Post
Speaking of the immediate, we have what 50 days to do something. We need to raise revenue AND make serious cuts!

Raising revenue can be done through job creation, expanding the tax base. However, that takes time. That leaves us with raising taxes as the only immediate response to raise revenue.Coupling that with cuts is the balanced approach he is talking about.

For the moment, thats all we have.
And how is a tax plan going to create jobs and expand a tax base? Specifically when higher taxes are being called for?
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Old 11-14-2012, 10:34 PM   #63
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Originally Posted by petegz28 View Post
OOOOOH! You almost got it! You were almost there and then you flopped!
Almost? Is the bold supposed to be where I flopped?
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Old 11-14-2012, 10:34 PM   #64
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Originally Posted by petegz28 View Post
Who cares if it was 12 out of 12? It makes 0 difference. They walked away "feeling" like something could get done. But about what?

Nevermind these are the same CEO's who have benefited under Obama the last 4 years while millions are out of work but let's not go there because you won't like it.
I would think that in the world of a CEO, at least in presentation alone, would be the interests of the shareholders. Do you disagree?
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Old 11-14-2012, 10:35 PM   #65
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Ok, you guys are ****ing killing me. You miss the the oh so very obvious time and time again because you choose to focus on the politics of economics instead of the economics of economics.
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Old 11-14-2012, 10:36 PM   #66
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The problem here is pete you are anti-establishment, therefore it doesn't matter what they do.
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Old 11-14-2012, 10:36 PM   #67
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Quote:
Originally Posted by J Diddy View Post
I would think that in the world of a CEO, at least in presentation alone, would be the interests of the shareholders. Do you disagree?
Yes, the shareholders. Which is why they have a 3 month focus and kill jobs left and right. Just stop before I educate you beyond your comprehension.
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Old 11-14-2012, 10:37 PM   #68
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Quote:
Originally Posted by J Diddy View Post
The problem here is pete you are anti-establishment, therefore it doesn't matter what they do.
OMFG, I have tried and tried to point you in the right direction in hopes you would figure it out on your own....but you can't. It has nothing to do with Bush, Obama, Democrats, Republicans or Taxes.
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Old 11-14-2012, 10:37 PM   #69
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Quote:
Originally Posted by petegz28 View Post
Yes, the shareholders. Which is why they have a 3 month focus and kill jobs left and right. Just stop before I educate you beyond your comprehension.
I have no problem being "educated," in the end it's win win.
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Old 11-14-2012, 10:37 PM   #70
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Quote:
Originally Posted by petegz28 View Post
Ok, you guys are ****ing killing me. You miss the the oh so very obvious time and time again because you choose to focus on the politics of economics instead of the economics of economics.
Austrians say economics should even be part of any govt role. So, no, I was addressing the economics of economics. I only tried to move more govt out of the way to allow the economics.

Europe is going to wash up on our shores no matter what. The socialist democracies are going down.
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Old 11-14-2012, 10:37 PM   #71
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Quote:
Originally Posted by BucEyedPea View Post
Almost? Is the bold supposed to be where I flopped?
No, it's where you got really warm...then ventured off.
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Old 11-14-2012, 10:37 PM   #72
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Originally Posted by petegz28 View Post
OMFG, I have tried and tried to point you in the right direction in hopes you would figure it out on your own....but you can't. It has nothing to do with Bush, Obama, Democrats, Republicans or Taxes.
So what is your solution that you're keeping secret from us?
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Old 11-14-2012, 10:38 PM   #73
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Originally Posted by petegz28 View Post
OMFG, I have tried and tried to point you in the right direction in hopes you would figure it out on your own....but you can't. It has nothing to do with Bush, Obama, Democrats, Republicans or Taxes.
Your OP is "obama double speak" and how it's affecting you. What is your point?
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Old 11-14-2012, 10:39 PM   #74
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Quote:
Originally Posted by BucEyedPea View Post
Austrians say economics should even be part of any govt role. So, no, I was addressing the economics of economics. I only tried to move more govt out of the way to allow the economics.

Europe is going to wash up on our shores no matter what. The socialist democracies are going down.
BEP, you get so close then revert. You even touched base on it but stopped.

Let me give you a HUGE hint:

What organization has the most financial impact yet is not part of the government?
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Old 11-14-2012, 10:39 PM   #75
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Originally Posted by BucEyedPea View Post
What cuts is Obama proposing? Especially since he gave us Obamacare which has $17 trillion in unfunded liabilities.
His proposal in the "grand bargain" had 4.3 trillion in cuts and he was willing to put medicare and social security in the discussion. Something Democrats would never offer up. Republicans wouldnt even sign that, normally a Republicans dream. Im not sure that specific plan is still on the table but I think it gives us an idea of what he is willing to do, regarding cuts.

Rather we like it or not, he is serious about trying to fix this.
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