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Long term solution is really easy as . Forget the Bush tax cuts, cut some programs, and our country is fine. Completely fine. In the meantime, if we this up the long term sure as doesn't get any better.
More straw. Besides, Obama didn't pass TARP. He voted on it, but he wasn't in office when it was passed. You've talked about Obama's alleged fear mongering. You said nothing about whether or not something else should be passed.
Long term solution is really easy as . Forget the Bush tax cuts, cut some programs, and our country is fine. Completely fine. In the meantime, if we this up the long term sure as doesn't get any better.
Not to mention that Obama is the only one coming to the plate with a long term solution. The person you're being critical of is the only one thinking long term.
You are absolutely right, we should find real solutions like cutting expenditures and increasing revenues. However we should also not exacerbate the problem by just walking right into default and downgrades. If we decide that this is the way we want to go, then we can expect to enjoy the necessity of even greater cuts, and the requirement of even greater revenues all at the time when Americans aren't buying as much stuff since it is so much more expensive to purchase and finance causing greater job losses which shrinks the tax base etc.
GOP fault lines deepen as Boehner says tea party seeks ‘chaos’ in debt deal
The longer the nation's debt crisis goes unsolved, it seems, the deeper and uglier the fault lines within the Republican Party grow.
Paul Teller, the executive director of the Republican Study Committee, a large policy group made up of House Republicans, came under fire from a group of Republicans who support House Speaker John Boehner's plan for the debt ceiling. Teller and other RSC members had circulated emails speaking against Boehner's plan Tuesday.
In a closed-door meeting Wednesday, Teller stood silently while House Republicans chanted "fire him, fire him," Politico reported.
“It was an unbelievable moment," someone at the meeting told Politico. "I’ve never seen anything like it.”
At the same meeting, Boehner reportedly spoke bluntly to his fellow legislators, many of whom are undecided about his plan.
"Get your ass in line," ABC News reported him saying. "I can't do this job unless you are behind me."
Boehner said many who align themselves with the ultra-conservative tea party and oppose his plan are hoping to cause "enough chaos" to force a cons utional amendment that would require a balanced budget plan.
http://www.rawstory.com/rs/2011/07/2...e+Raw+Story%29
Bull .
We need to bring back the jobs we have been exporting. We have no working solution without providing a solution that increases the number of tax payers here. Asking for more from those already paying taxes has the counter effect of reducing the economy. Smaller economy at a higher tax rate may yield a smaller revenue rather than larger, and what ever the yield is, you can not look at it with a static equation. $200 billion in tax increases will not yield $200 billion in revenue increases.
Yeah I get what a default is. I'm not understanding your point with this post though? A rating is basically a way of measuring threat of default, so a downgrade is obviously not as bad as an actual default.
Cutting taxes will bring more jobs to the US. Where have I heard that before? Nothing is bring back more jobs to the US that doesn't involve making the US more skilled compared to other nations or lowering the cost of the labor itself. Its either through efficiency or cost but its not because of taxes.
Taxes will have to go up if people really care about reducing the deficit.
Hey does anyone have links to economists who think that the debt ceiling isn't a big deal? This is an honest appeal for those economic view points.
scott already schooled you on this claim. That you keep repeating it won't make it true, tbh.
WC's never been one to let the facts get in the way of his arguments.
Oh really... Refresh my mind. I'll bet it's not the same thing I'm talking about now.
Bull . We cannot tax our way into prosperity when we are already over extended. We need a larger tax base to collect taxes from rather than squeezing the productive harder. We need to bring good paying jobs back to America.
Why does every Wild Cobra post read like a Palin speech?
Empty cliches do not an economic policy make.
Thing is that taking money from richers makes economic sense, when they are the ones that can afford it, and have benefitted most from the economy in the last 20 years.
That is more than fair.
Governments have to spend money on the things private industry won't. It is where we pool our collective resources and do what we need to do.
Government has a definite function, and does some rather measurable, demonstrable good.
Total abscence of government, or really weak governments, may have been possible before the rise of huge multi-national corporations and mafias, but those days are long gone.
Large problems and large economies require large governments.
Suck it.
I agree. When someone starts talking about taxing bankers instead of the professional middle class let me know.
No kidding.
Again for those who ignored this before. Not many people pay taxes under the marginal rates in our income tax system. The rich who end up paying little in taxes are not filing under the standard income tax tables.
So you credit Bush with saving us from the "next great depression" not Obama.
That doesn't seem so easy for Obama, he renewed them remember.
"Shared sacrifice" and "balance" isn't much of a solution.
Never said it wasn't serious. My guns are that we won't default on Aug. 2nd and we will be downgraded regardless of the plan that ends up getting passed. I'll stick to that.
The TARP had nothing to do with saving us from a depression. It had to do with avoiding a bank run (or so the leadership at the time claimed).
You think you're funny huh?
I'm not going to scour a whole page and psychically assume what your point is.
Make it or shut up asshole.
No, I'm not. You and your 'flat tax' spanning from your contention that we need more tax payers met reality and it was only ugly if it was you. For the rest of us, it was comedic gold to see your ridiculous contention actually be presented in numbers (something you didn't even want to do) and crumble to pieces.
Your economic clichés are often wrong and stupid. No matter how many times you repeat them. Get over it.
Reading, in common parlance.
You should try it sometime. This a discussion board. The main contributions are verbal in nature and it's allowed to read them. May even help you keep up with the flow of conversation from time to time.
...taptaptap
Well, since ElNono directed me to information overload, instead of a point... I see he has no valid point.
PAUL: The Boehner plan is not going to be law so why lose your principles by voting for it?
http://thinkprogress.org/politics/20...ner-rand-paul/
Sure, the senate will likely change in, but that's part of the process. Then the senate has to be accountable to the people.
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