10 things about our new budget

[Hallen]

^^^^

/thread

[kronus]

Explain to me what you think that article proves.

[Pinepig]

Explain to me what you think that article proves.

[mrsleeve]

Explain to me what you think that article proves.

It proves that that earnings of the top 2% cant pay for all this spending, so we (the less than 250k earners) that were promised no tax increase, will see a raise in our taxes via a direct tax on income, or indirect by taxing business that supply necessary goods and services. One way or another more of our money will make it into the govt and be pissed away.

Thats what it proves god dammit you guys have thick skulls


Pinepig, thats awesome I wish I could get away with it where I live.

[gwb72tii]

Explain to me what you think that article proves.

what it proves is obama uses smoke and mirrors to get his political ideals passed in the guise of an economic "fucking crisis".

the man promised to change DC. only fucking change is obama raping us in the ass instead of bush.

[E30 Cabrio]

Explain to me what you think that article proves.

It proves someone at the WSJ actually crunched the numbers and they revealed that Obama is full of shit.

[Pinepig]

Explain to me what you think that article proves.

[kronus]

The smoke and mirrors are entirely on the article's part. I see no reason the government should be able to pay off an entire, huge stimulus package after just one tax cycle. This is, after all, a loan, and as such, is paid back in a finite number of years whose number definitely exceeds 1.

Essentially, the only thing the article succeeds in doing is claiming that the US's rich make about as much in a year as the government spends.














Which is a funny coinkydink.

[Ral]

^^^ dude.. that's the budget. It's how much he's going to spend this year. If we don't collect enough taxes, we'll have to borrow the money a la deficit spending, which he has promised to reverse.

[mrsleeve]

^^^^^^^^^^^
Edit: NM ral beat me to it

[kronus]

Well, I don't think deficit spending has been looked down on much in the last couple of years, so it's allright, right?



In all seriousness, it's unrealistic to expect any sort of stimulus without spending money. While the current plan isn't instantly sustainable, it sets down a framework (via jobs, investment in technology, etc) that has the best chance of becoming sustainable in a reasonable time frame that I've seen since I've been old enough to care. You can't instantly reverse the current situation, but every little scrap of money thrown at it will help.

[Ral]

wait.. so let's spend money we don't have because we'll eventually make all that money back and more by spending this money now. Isn't that how we got in this in the first place?

[kronus]

wait.. so let's spend money we don't have because we'll eventually make all that money back and more by spending this money now. Isn't that how we got in this in the first place?

There's a difference between completely unsustainable and potentially sustainable. (call me an idealist, call Obama a shill, whatever, there's a difference.) What we did to get in this position was unsustainable, in that it provided no infrastructure for creating investment opportunities. (other than military contractors)

This plan is an attempt to bring back a sustainable infrastructure, in that the systems it creates and invests in provide a steady, positive return after an appropriate initial amount is paid.

[E30 Cabrio]

^^^ dude.. that's the budget. It's how much he's going to spend this year. If we don't collect enough taxes, we'll have to borrow the money a la deficit spending, which he has promised to reverse.

Don't you know those big words confuse the Obamabots?

Keep it simple. Hope. Change. Rich. Tax.

They understand those words, but not the big ones like "balance" and "budget" nor do they understand those concepts.

[kronus]

Don't you know those big words confuse the Obamabots?

Keep it simple. Hope. Change. Rich. Tax.

They understand those words, but not the big ones like "balance" and "budget" nor do they understand those concepts.

hurr durr I am clearly a sheep and believe whatever I am told.


Really, look past your own ignorance and self-assured righteousness and realize that not everyone else is as shortsighted as you are.