That's a good thing in my book...
Democrats delay vote on extending Bush tax cuts
They are not going to let this empty promise occur.Senate Democratic leaders decided Thursday to delay a vote on preserving soon-to-expire middle class tax cuts until after congressional elections in November.
That's a good thing in my book...
Yep, the Democrats should reverse all unfunded liabilities that the Bush administration passed to destroy the federal government so that business can take over...
Calling them middle-class tax cuts is a little bit slanted. Presumably they expire for everybody if Congress does not reauthorize or extend them.
One dissonant note: the same GOP that excoriates Obama for too much deficit and debt, reflexively recommends tax cuts that would add $4T to the deficit over the next 10 years.
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The meme that Obama is intentionally wrecking the economy is related to the one that Bush already did so to drive the New Deal and the Great Society over the cliff, intentionally, with a maniacal grin of Norquistian glee over the dream of the dead baby in the bathtub: government.
The Repugs politics always bet on Americans being stupid, ignorant, and amnesiac. They win that bet more often than not.
Isn't part of the debt SPENDING?
Dems are on the same side of that bet - FTW, also.
Dems won't allow reduction in govt. (and honestly don't ever propose enough taxes to significantly reduce the debt)
Republicans won't allow tax increases (and honestly don't ever do much to reduce govt. enough to significantly reduce the debt)
And if EITHER side proposes enough of either reduction in spending, or increases in taxes, they are vilified mercilessly, called "radical", etc.....
Ultimately, it IS the American people who are to blame, Every two, four, and six years we are offered an opportunity to do something about it; but the best we come up with trying what didn't work before, again. We tribe up; blame the other side for ALL the problems - take glee when their "solutions" don't work (admit it, you all do it - just peruse this forum for 10 seconds) - enough of the maleable in the middle of the voter's spectrum buy into the rhetoric of the party out of power - and BAM, congress/the president's party changes; but NOTHING ELSE DOES!!!
It is not Republicans, or Democrats.
The enemy is US.
We will never come close to balancing the budget if we don't cut back on social security, medicare, and medicaid. Neither party has the balls to say it.
politics as usual. Both parties need to stop all this crap. The party of "NO' is just as guilty. Term limits!!!!!
+1 I concur.
Of course. Failing to tie tax cuts to corresponding spending cuts is irresponsible. The GOP won't say what they'll cut to pay for extending the Bush tax breaks.
"Extending tax cuts" sounds so much better than "raising taxes", doesn't it?
There's nothing conservative about deficit financed tax cuts, Darrin.
Nuance?
Believing tax cuts "work" all by themselves is little distinguishable from blind faith in Keynesian stimulus.
so how is this a bad thing? i thought our government needed money right now?
But... But... Tax cuts pay for themselves. LMFAO
At a certain level tax cuts will pay for themselves. The thinking that you can keep cutting taxes and expect the same sort of fiscal results is quite stupid.
Yes, there is a certain equilibrium but that's not what were talking about. In this current context, even sustaining the current tax cuts will not pay for themselves. Obviously!
They would if the government would stop growing. I believe the sector with the biggest job growth is government jobs. Make congress and all Federal workers take a pay cut, cut out the perks that Congress enjoys and make the government cut spending across the board by at least 10% - that should be a good start.
Actually, no one is even talking about cutting taxes. Extending the current tax rates is not a tax cut. What they're talking about is RAISING the tax rate for the greedy, job-creating sector.
"I believe the sector with the biggest job growth is government jobs"
no, your "belief", Christian or non-Christian, again is totally wrong.
"MSNBC reports that although private employers added 67,000 jobs, the U.S. unemployment rate is skewed by the loss of 114,000 census jobs and 10,000 job cuts in state and local governments."
Americans inflicting themselves with lifestyle diseases is the biggest growth area, govt is not even close.
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