Democrats in congress are pressing for another round of economic stimulus. Seems like the first round did not get things perking: Neither would another round. More feel good stuff in an election year.
The first round did not work because many right wing radicals bought guns with their income tax rebate.
By TOM RAUM, Associated Press Writer 2 hours, 54 minutes ago
[/align][/align]WASHINGTON - With the economy the No. 1 issue just eight weeks from Election Day, majority-party Democrats are trying to push a second stimulus package through Congress to follow the tax rebate checks sent out earlier this year.
[/align]So far, Republicans aren't joining the march, echoing the reservations expressed by presidential nominee John McCain and the White House.
Pressure is building for lawmakers to do something "” anything, perhaps.
Perhaps they should just admit that Bush got it right with lowering the tax rate and just make them permenant. Then they should look at all this welfare we are giving out and start cutting people off.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Perhaps they should just admit that Bush got it right with lowering the tax rate and just make them permenant. Then they should look at all this welfare we are giving out and start cutting people off.
Not sure what you mean here, if the tax cuts were the panacea you suppose, the economy shouldn't be tanking like it is.
The republicans had 6 years with their own prez, and a conservative SC to reduce welfare. Instead, they expanded it with the new prescription drug benefit. The biggest welfare expansion in US history.
I think you need to do some research on which party has been giving out the most handouts the last 8 years.
Coporate welfare - bailouts
Tax breaks / subsidies for oil companies (OMG! are you kidding?!)
No-bid contracts
Largest medicare/medicaid expansion ever (rep congress/prez)
etc.
etc.
And all with no cuts to welfare - the last (and only)time that happened, Clinton signed it into law.
__________________
"I would not support repeal of Roe vs. Wade, which would then force women in America to [undergo] illegal and dangerous operations."¯ Senator John McCain
Source: Ron Fournier, Associated Press Aug 24, 1999
Not sure what you mean here, if the tax cuts were the panacea you suppose, the economy shouldn't be tanking like it is.
No they are not only expiring causing economic uncertainty, the party incontrol of house is threatening new tax hikes. The fact that we have only faced a short slow down and not a recession like the one Clinton handed off, shows you the tax cuts are working. Furthermore, many blame this slow down on the rising cost of energy. That falls directly on the Dems for not allowing drilling for our own energy and attacking the very companies that bring us this resource.
The off shoring of our supplies can be traced directly back to Jimmy Carter when he went after their profits. When he did, they predicted a 400 billion windfall in new revenue to the government. Instead, it was 80 billion and oil companies moved off shore. Today we are still over taxed.California is facing a 20 billiondeficit and yet they have huge reserves off their shore. Tap into them andthat would more than pay for that short fall. There is so muchoil, the earth seeps is right out of the ground. Annually the amount of natural oil oozing from the ocean floors surrounding USis 620,500 barrels. In Santa Barbra is home to one of the largest seepage points to a tune of 100 barrels a day. There is one spot that doesn't seep oil and that's around the working oil rig the caused the spill in 69. By pumping the oil out of the ground, the preasure is reduced aznd we get to use the oil instead of just letting it go to waste in the ocean.
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The republicans had 6 years with their own prez, and a conservative SC to reduce welfare. Instead, they expanded it with the new prescription drug benefit. The biggest welfare expansion in US history.
That was a very big mistake egged on by both parties. It wasn't needed and shouldn't be passed. It needs to be overturned.
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I think you need to do some research on which party has been giving out the most handouts the last 8 years.
Coporate welfare - bailouts
Inevitable and unfortunately right now. Government has caused these problems and are still unable to admit it. However, this can be traced back to 40 years of Dem control of the spending.
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Tax breaks / subsidies for oil companies (OMG! are you kidding?!)
Myth. These are for oil exploration. If I had my way, I would reduce corporate taxes to zero. They don't pay them, taxes are paid by us individuals. It would also take money out of Washington because it reduces the incentive to lobby for tax breaks.
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No-bid contracts
Another myth. There is no such thing as no bid contracts if your refering to what has been awarded to support the war. These are already prebid prices determined ahead of time through a bidding process. This is to ensure a timely response during emergency periods.
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Largest medicare/medicaid expansion ever (rep congress/prez)
Governemnt shouldn't be involved in this. We are facing 45 trillion in debt because of medicare/medicaid. You don't have a right to healthcare.
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And all with no cuts to welfare - the last (and only)time that happened, Clinton signed it into law.
Yes thank you Delay and Newt for showing leadership when it was needed.
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
The fact that we have only faced a short slow down and not a recession like the one Clinton handed off, shows you the tax cuts are working. Furthermore, many blame this slow down on the rising cost of energy. That falls directly on the Dems for not allowing drilling for our own energy and attacking the very companies that bring us this resource.
Tax cuts produced a slow-down so they are working? Now that's spin doctoring of the nth degree.
Energy prices are a result of our baseless war in Iraq and speculators, blaming Carter is more proof that this admin. passes the buck and can't accept responsibility for its actions - a great Democrat once said "The buck stops here". Bush and co. could learn from this wisdom.
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The off shoring of our supplies can be traced directly back to Jimmy Carter when he went after their profits. When he did, they predicted a 400 billion windfall in new revenue to the government. Instead, it was 80 billion and oil companies moved off shore.
False, Palin taxed the oil companies in Alaska giving her state a surplus, balanced budget,and each citizen a $1200 rebate from oil revenues. Sounds pretty good to me.
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That was a very big mistake egged on by both parties. It wasn't needed and shouldn't be passed. It needs to be overturned.
So you agree with me but still can't hold the party in charge responsible like you seem to try to do any chance you get to the dems. Very telling.
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Inevitable and unfortunately right now. Government has caused these problems and are still unable to admit it. However, this can be traced back to 40 years of Dem control of the spending.
Again you agree, but can't hold the party in power responsible shifting blame to the party that didn't sign the bills I mentioned- the buck stops there period.
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Myth. These are for oil exploration. If I had my way, I would reduce corporate taxes to zero. They don't pay them, taxes are paid by us individuals.
False corporations do pay taxes - lots of them and oil companies do get breaks and subsides - lots of them the common taxpayer (like me) never gets but certainly deserves if the oil companies deserve them. Coporations have no rights under the constitution, I do.
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Another myth. There is no such thing as no bid contracts
False, even congress and the prez acknowledged them as such, without the spin doctoring.
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Governemnt shouldn't be involved in this. We are facing 45 trillion in debt because of medicare/medicaid. You don't have a right to healthcare.
Drug benefit expansion (socialism) created and signed into law by reps. congress and prez. Republicans are responsible for the expansion - simply admit it - more spin doesn't count.
6 years of rep congress and prez have almost doubled the national debt - that's a fact. What Carter or Truman did 60 years ago has no bearing on who take responsibility (or not) for their own actions and bills passed the last 8 years.
I'm still waiting to the republican appologists, like you, to accept resposibility for any of these bills - you seem to hold dems responssible for any bill they sign.
What's good for the goose is good for the gander.
__________________
"I would not support repeal of Roe vs. Wade, which would then force women in America to [undergo] illegal and dangerous operations."¯ Senator John McCain
Source: Ron Fournier, Associated Press Aug 24, 1999
The fact that we have only faced a short slow down and not a recession like the one Clinton handed off, shows you the tax cuts are working. Furthermore, many blame this slow down on the rising cost of energy. That falls directly on the Dems for not allowing drilling for our own energy and attacking the very companies that bring us this resource.
Tax cuts produced a slow-down so they are working? Now that's spin doctoring of the nth degree.
No the economy is cyclical. I'm arguing the fact that the taxes are lower now then at the level Clinton had them raised to inconjuction with the dems has allowed us to skim by a recession not fall into one despite the high energy cost (easily solvable) and the large housing price correction that has taken place. Furthermore, despite all this BS of the nay sayers claiming the tax cuts have caused the deficit, revenue has been growing year after year setting records. Only this past year has revenue dropped in many years and that is only by .8% caused by the stupid stimulas package passed in the spring. Had that not happened, revenue would have grown this year also by a factor of 2.5%.
We have a spending problem in Washington, not a low tax problem!
__________________
John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Only this past year has revenue dropped in many years and that is only by .8% caused by the stupid stimulas package passed in the spring. Had that not happened, revenue would have grown this year also by a factor of 2.5%.
Giving me my tax money back that I paid in was stupid? It amounted to another "tax cut" which you were for -before you were against it.
__________________
"I would not support repeal of Roe vs. Wade, which would then force women in America to [undergo] illegal and dangerous operations."¯ Senator John McCain
Source: Ron Fournier, Associated Press Aug 24, 1999
Location: land of the Lilliputians, In the state of insanity
Posts: 24,185
RE: Stimulus "Package" Round Two
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ORIGINAL: fodderblade
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ORIGINAL: Fieldmouse
Perhaps they should just admit that Bush got it right with lowering the tax rate and just make them permenant. Then they should look at all this welfare we are giving out and start cutting people off.
Not sure what you mean here, if the tax cuts were the panacea you suppose, the economy shouldn't be tanking like it is.
The republicans had 6 years with their own prez, and a conservative SC to reduce welfare. Instead, they expanded it with the new prescription drug benefit. The biggest welfare expansion in US history.
I think you need to do some research on which party has been giving out the most handouts the last 8 years.
Coporate welfare - bailouts
Tax breaks / subsidies for oil companies (OMG! are you kidding?!)
No-bid contracts
Largest medicare/medicaid expansion ever (rep congress/prez)
etc.
etc.
And all with no cuts to welfare - the last (and only)time that happened, Clinton signed it into law.
Looking at the situation in a rather limited scope. Clinton world and todays world are twototally differentanimals. And if you do not remember, Clinton walked out of officeduring the start of a recession.
__________________
kaafir mushrik
Unintended consequences and God have one thing in common: Liberals don’t believe in either of them.
Perhaps they should just admit that Bush got it right with lowering the tax rate and just make them permenant. Then they should look at all this welfare we are giving out and start cutting people off.
Not sure what you mean here, if the tax cuts were the panacea you suppose, the economy shouldn't be tanking like it is.
The republicans had 6 years with their own prez, and a conservative SC to reduce welfare. Instead, they expanded it with the new prescription drug benefit. The biggest welfare expansion in US history.
I think you need to do some research on which party has been giving out the most handouts the last 8 years.
Coporate welfare - bailouts
Tax breaks / subsidies for oil companies (OMG! are you kidding?!)
No-bid contracts
Largest medicare/medicaid expansion ever (rep congress/prez)
etc.
etc.
And all with no cuts to welfare - the last (and only)time that happened, Clinton signed it into law.
Looking at the situation in a rather limited scope. Clinton world and todays world are twototally differentanimals. And if you do not remember, Clinton walked out of officeduring the start of a recession.
Focusing on the last sentence of my post, and ignoring the rest is certainly a limited scope.
__________________
"I would not support repeal of Roe vs. Wade, which would then force women in America to [undergo] illegal and dangerous operations."¯ Senator John McCain
Source: Ron Fournier, Associated Press Aug 24, 1999
Stimulus "Package" Round Two
