A good portion of the problem comes from the twitchy population being constantly bombarded with end of the world talk and reminders that the economy is in bad shape. If it weren't for these reports, I wouldn't have any idea what the economy was like, the deficit, the debt, anything, because it doesn't apparently affect my personal life.
You are full of . Your claim.
Prove it.
I am on record to saying it's going to take across the board tax increases, major military cuts, and major reforms to en lement programs including SS and medicare to ever make any headway on balancing the budget.
taxing the rich alone ain't gonna do it. The middle class is where the money is.
The "fiscal cliff" deal that was designed to save money actually includes $330.3 billion in new spending over the next decade, according to the official estimate the Congressional Budget Office released Tuesday afternoon.
CBO said the bill contains about $25.1 billion in new cuts, but those are swamped by the new spending on extended unemployment benefits for the long-term jobless and other new refundable tax credits that President Obama fought for.
Of those cuts, only $2 billion are scheduled to take effect in 2013.
And CBO also warned that some of the cuts Congress is counting are from programs on which CBO never expected the money to be spent anyway — such as cuts to the Consumer Operated and Oriented Plan, which was part of Mr. Obama's health care law.
All told, the bill deepens the deficit by nearly $4 trillion over the next decade, when the new tax cuts and spending are combined.
The bill also delays by two months the automatic spending cuts slated to take effect Wednesday, with a promise to reduce spending in the future to cover for them.
Read more: http://www.washingtontimes.com/blog/...#ixzz2GkySvTqF
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The suggestion that no bill should pass that doesn't address every single deficit/revenue problem is kinda silly. I mean, it would be nice, but its simply unrealistic. Plus this isn't the last deal that will ever be negotiated. Heck, next week we should start hearing about the debt limit 'cliff'.
A good portion of the problem is from myopic dumb s like you who think because your boat is floating, everybody's boat is floating. Same with CC. 40M+ on foodstamps, 20M+ under/unemployed, 10Ms in poverty, poor people dying 4 years earlier than non-poor for want of access to medical care, Ms of homes stolen by the banks through MERS/robo-signing mortage fraud. But your boat floats.
Roll call #251 isn't published yet in Thomas for some reason.
The only thing that actually addresses the fiscal cliff would be a complete reformation of the tax code in this country and slashing of all kinds of spending.
CC is right that everyone is gonna need to pay more taxes for this problem to be solved, but the middle class is not where the money is in this country. Over 75% of the country lives paycheck to paycheck and has almost no net worth. The current tax code in this country has led to a significant shift of wealth towards the top but even though the rate schedule is progressive the tax code as a whole has had regressive results.
It was on a NY Times article. IIRC, Rubio and Rand Paul were two of them.
A funny thing about this bill. This is the one the House sent to the senate 8/1/12. It had a 256 to 171 vote in the house. it took the senate 3 months to act.
8/1/2012 6:20pm:
On passage Passed by recorded vote: 256 - 171 (Roll no. 545).
8/1/2012 6:20pm:
Motion to reconsider laid on the table Agreed to without objection.
9/10/2012:
Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
9/11/2012:
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 502.
1/1/2013:
Measure laid before Senate by unanimous consent.
1/1/2013:
S.AMDT.3448 Amendment SA 3448 proposed by Senator Reid.
In the nature of a subs ute.
I don't want everyone's boat floating. I don't want socialism. Even as a country we've prospered because other nations have not. Even you likely buy the cheapest quality products you can find, often made in 3rd world countries. Their boats are not floating and because of that, you have room to float yours.
It's a small lake, not all boats will get on. I don't pretend, like you do, that I am concerned with the entire country or world. I am honest in my stance that I will prosper even if you don't.
The middle class is the largest percentage of income, and it's the least likely to affect policy through lobbyists, even though they are comprised of many writers and journalists and other professionals. The lower class is a drain and the upper class is basically the puppet master. The middle class will always get ed, we are the sheep.
Last edited by DMC; 01-01-2013 at 04:12 PM.
"Even as a country we've prospered because other nations have not."
There isn't a USA anymore economically. There's the 2% taking a monstrous, exorbitant, relentlessly increasing slice of the natiaonal income, while the 98% pockets less and less.
This is not accidental or "natural". It's directly the intended result of the govt policies, dictated by the VRWC, to game the system and the govt, going back 35 years.
Boutons...WTF do you do for a living? Do you even work? Are you just so ed that you think that everything "bad" that happens to you is someone else's fault?
Shazbot.
Do you realize that as a statistical group, the more welfare type programs we have, the less chance the bottom classes of people have of growing in any statistical means that are positive?
There is a difference in wealth and income. Income is a facet of wealth, but that's about where it ends. To claim the rich are soaking up other people's wealth is flat out wrong. Those relying on social handouts will never be wealthy, and it's because of their work ethics. Not because of any thing that anyone else does to them, except to enable them to be lazy, by advocating more handouts.
Politicos, Mike Allen says gop gonna submit spending cuts they know won't pass its gonna die.
Taking?
The Earth has resources and human resources are part of that. Many people decide early on that they just want to earn a living. Others don't settle for that and work harder to get more than standard forms of living. Some are born into money, not their fault, and somewhere down the line someone made that money by hook or by crook. Those who are content to point fingers and complain about unlevel playing fields are usually the lower end of the spectrum by default, because they do not do the things necessary to overcome their disadvantages.
Low rent apartments all across the US are littered with deadbeats who sit on computers all day complaining about their lot in life. You guys are, imo, the most likely to go postal if you weren't too lazy to acquire and learn to use a firearm.
You believe wealth is a direct sole result of work ethic. Many people are working hard but not making much money.
There are ways to change that but they require planning and effort. Work at WalMart while getting a degree in a lucrative field for instance instead of working at WalMart and going home and playing video games and burning weed.
Except for inherited wealth, yes, wealth is a product of intelligent expenditure of labor and resources and in some cases deferred gratification.
I don't know why I bother answering people like you.
I say one thing, and you ask me if I believe something at the extreme opposite end.
Wealth can be because of many things, but is seldom limited to one. Work ethics is a key for most, but will not make one of the richest people. Wealth is often inherited, and is often the result of good luck. At any extent, someone who is lacking work ethics or self control is more likely to lose any wealth they gain.
Increasing ones wealth is dependent on many things, and lacking in one can be the cause of losing all wealth.
I reject your far end opposite question.
And yeah, got a feeling that the House is gonna this deal up.
I wonder what details of the senate re-write we haven't seen. Maybe the house should reject it?
me, too. I'm looking forward to it.
Wealth moving up and concentrating at the top isn't a fairy tale, it's real and historically measurable.
We can discuss class mobility, or how does a person (not wealth) moves from a lower to a higher class, but that's a different topic altogether.
It's really impossible to acquire wealth without someone losing it. Just like the stock market, there are winners and losers. Everyone cannot be a winner, it's impossible. The Earth has a finite amount of wealth available. The wealthy in this country are mostly those who found a way to offer a product that everyone wants, and offered a smaller amount of wealth to people willing to trade their time. Anyone here has the option to risk everything they have, leave that comfortable private sector job and start a business. Very few private sector jobs will make you wealthy, and most new businesses fail within the 1st year or two. Those who find ways to get around that can end up being wealthy.
There's nothing covert about it. Just quit your job and start your business. I thought about starting a multimillion dollar business but I realized that would be a wasted effort, why not just start a multibillion dollar business instead?
Let us know how that multibillion dollar business you thought of works out grasshopper..
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