Originally posted by Morrison
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do you really believe this article?“There is nothing government can give you that it hasn’t taken from you in the first place”
Sir Winston Churchill -
Originally posted by gwb72tii View Post
Why wouldn't you? It's outlined and pretty clear. Spend massively on two wars and then take steps to remove large amounts of revenue coming in. Pretty easy to create a massive deficit.
You and other people seem to have this sort of disconnect from the things you believe Obama "wants to do", vs what he actually does. It's this megalomaniacal sort of fantasy that you love to induldge.
Compared to prior administrations, Obama has primarily been a centrist, and in large a fiscal conservative.
The guy can't win. The far left hates him because he's a proper moderate and the right hates him, because well, he's a black guy who happened to take their mid 90's talking points and actually execute them properly.
-CharlieSwing wild, brake later, don't apologize.
'89 324d, '76 02, '98 318ti, '03 Z4, '07 MCS, '07 F800s - Bonafide BMW elitist prick.FYYFFComment
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Yes we dont like him because hes half black
Yeah thats is
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. -Alexis de TocquevilleOriginally posted by Fusion
The Desire to Save Humanity is Always a False Front for the Urge to Rule it- H. L. Mencken
Necessity is the plea for every infringement of human freedom. It is the argument of tyrants.
William Pitt-Comment
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actually this is a great example of why statistics lie, and you need to think for yourself
1. the bush tax rates didn't cost anything. tax receipts went way up, not down.
2. the stimulus is obama's, not bush's
3. ever wonder why the senate has not passed a budget for the last three years??
it's so the stimulus becomes part of the baseline budget. obama hasn't spent $874 billion on stimulus, he's spent 2.62 trillion on stimulus.
4. on, and on, and on etc
you guys need to get real.
edit - every pres gets to submit his own spending plan. if he doesn't undo what previous admin's did, the spending is all on him.
edit 2 - nobody has ever accused bush of being a fiscal conservative LOL“There is nothing government can give you that it hasn’t taken from you in the first place”
Sir Winston ChurchillComment
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L-O-fucking-L at #1
You truly are a delusional megalomaniacComment
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Originally posted by CorvallisBMW View Post
No wonder the average person says fuck off and watches American Idol.Need parts now? Need them cheap? steve@blunttech.com
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You are delusional if you think that tax cuts can be categorized as government spending.Originally posted by CorvallisBMW View PostComment
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R O fucking floor LOLOriginally posted by CorvallisBMW View Post
did tax receipts go up or not
check your facts“There is nothing government can give you that it hasn’t taken from you in the first place”
Sir Winston ChurchillComment
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Really? What part of "part of" did you miss? And in case you haven't been paying attention, we aren't number one in many important categories anymore....except, of course, military budget, percentage of citizens incarcerated, and number of guns owned per capita.Originally posted by LBJefferies View Post
Just try telling a Right Wing Republican that America isn't Number #1 anymore and let me know if the blaming of Obama and the liberals comes in the first sentence or the second.Comment
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All those "categories" and statistics that you speak of are bullshit. They are all biased and skewed and inaccurate. It's impossible to say either way whether America is the best or not the best, it's entirely subjective and can't be quantified.Originally posted by mar1t1me View PostComment
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Yes, they did. You know what else went up? DEFICIT SPENDING.Originally posted by gwb72tii View Post
I like to call it a "slight of hand trick". Bush Sr. referred to it as voodoo economics. You see this pattern emerge every time tax rates are slashed and revenue goes up. While you're busy admiring that gleaming object, you fail to notice the deficits going up. It's a parlor trick essentially.
And it's pretty easy to explain why it works too. Tax revenue since WWII has correlated pretty freakin well with regard to GDP. It's correlation to tax rates is non-existent. Remember, we've seen rates as high as what, 91%, then 70%, now 35% for the top. Yet receipts have only varied a few percent one way or the other from the average 18.1% of GDP. Government spending of course is one of the components of GDP so boosting that will in turn boost GDP. It then follows that boosting GDP will boost receipts.
A much better example would be to look at the period from 1993 to 2000 which saw receipts climb from 1.15 trillion to 2.02 trillion, an increase of 75.4% Tax rates went up and deficits went down - much more preferable scenario.Last edited by Morrison; 07-31-2012, 09:36 AM."I think we consider too much the good luck of the early bird and not enough the bad luck of the early worm."
-Franklin D. RooseveltComment
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how many people worldwide are striving to immigrate to Denmark?“There is nothing government can give you that it hasn’t taken from you in the first place”
Sir Winston ChurchillComment
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