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Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

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Old 02-24-2009, 12:31 PM   #1
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Default Hey Wahoo, Rainman, ArthurP, Phil etc...

How can you spend trillions of dollars on pet projects and cut the deficit in half at the same time?

Try it with your own finances and let us know how it turns out.
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Old 02-24-2009, 01:08 PM   #2
 
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

It would be really easy, let the Bush tax cuts expire, raise corporate tax, raise investment income tax, raise estate tax, end all corp loopholes, and inforce the code. Remove soldiers from Iraq. Cut all wastefull military spending. Cut all wastefull military spending. Cut all wastefull military spending. all wastefull military spending.
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Old 02-24-2009, 01:12 PM   #3
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

In other words, put everyone on welfare!
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Old 02-24-2009, 01:24 PM   #4
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

Guess I'll have to wait and watch the President speak tonight. Frankly, I'm rather curious how he's going to pull it off too.

By the way, those 'pet projects' you're going on about... Republicans got their fingers in the pie and going OINK too, so don't try to blame it all on Democrats.

In the stimulus, if Republicans hadn't insisted on tax cuts while dangling the carrot of bipartisanship, gotten it loaded down with 40% tax cuts and then bailed on it anyway, we would have held onto $300 billion in revenue. That's money gone, just as gone as your paycheck would be if you went on a month long drunk in a cat house. Why aren't you screaming about that?

This next spending bill coming along, there are Republicans and Democrats both porking it up pretty good.
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Old 02-24-2009, 01:26 PM   #5
 
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

Quote:
ORIGINAL: RainmakerIII

It would be really easy, let the Bush tax cuts expire, raise corporate tax, raise investment income tax, raise estate tax, end all corp loopholes, and inforce the code.
I guess it would be safe to say that you haven't built a large corporationworking 16 hours a day that has created several thousand jobs? Probably don't have any investment income either right? No real estate? Give anything to charity? No wonder you want to increase their taxes. How about a tax for being an idiot? I didn't think so!
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Old 02-24-2009, 01:34 PM   #6
 
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

Quote:
ORIGINAL: Fieldmouse

In other words, put everyone on welfare!



LOL, FM, you are a chearleader for welfare, simply by backing the very policy that got us to this point.

Also, I notice you have a milton friedman quote in your signature. Well here is another friedman quote, and I quote, " a tax cut without a direct cut in spending was not in fact a tax cut" The logic behind that statement is very clear. If the government does not make a proportionate cut in spending to go along with the tax cuts, thenthe gov must float debt to make up the revenue shortfall. Eventually, the gov must pay off the debt it has floated to pay for the tax cuts. The only way the gov can pay for the debt is to either cut spending or increase taxes. Its that simple..
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Old 02-24-2009, 01:39 PM   #7
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

Quote:
let the Bush tax cuts expire,
Hey, didn't you just say this wouldn't happen on the other thread? Yes, you did. Obama wasn't going to allow that to happen and therefore the ave. family of four's taxes were going to increase by $2500.

Arthur:
Quote:
By the way, those 'pet projects' you're going on about... Republicans got their fingers in the pie and going OINK too, so don't try to blame it all on Democrats.
Your trying to say 3 Senators, the ONLY republicans to vote for it, have their fingers in it? Give me a brake. More dems voted against it then Republicans that voted for it.
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Old 02-24-2009, 01:39 PM   #8
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

You don't mention that along with the Bush tax cut came a huge expansion of government. Along with that expansion came a huge and ever growing increase in spending over the past 8 years. You don't mention that because of the tax cuts and spending increases, our national debt is now so huge that 1 tax dollar in every 10 goes just to pay just interest on the debt. You don't mention that it took the U.S. 200 years to accumulate $5 trillion in debt, but Bush managed to match it and shoot the debt to over $10 trillion in 8 short years.

Why do you neglect to mention those things, cascadedad?




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Old 02-24-2009, 01:45 PM   #9
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

Quote:
You don't mention that it took the U.S. 200 years to accumulate $5 trillion in debt, but Bush managed to match it and shoot the debt to over $10 trillion in 8 short years.
First off, thats not true. Bush took over when the debt was just below 6 trillion. He left with it under 10. The math doesn't add up. Once again wise ol'man. Why did the debt grow so much. It's not because of the wars. The wars cost less than 1 trillion. Descrationary spending got reduce to close to 0% increases down from 15% under Clinton and only amounts for 390bilion +/-. SO I ASK YOU AGAIN, where did the other 2.3 to 2.5 trillion go?
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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.
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Old 02-24-2009, 01:57 PM   #10
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Default RE: Hey Wahoo, Rainman, ArthurP, Phil etc...

I don't understand what President Bush's spending has to do with the current mess. We've had a Dem controlled Congress the last couple years of President Bush's term--if I remember correctly, Congress is the one that specifies the spending, the POTUS just signs it?

Either way, what does that have to do with adding over 1 Trillion to the debt in the first 30 days in office? That's a record--I guess you could call it "change". The Dems are already saying it won't be enough, the stock market is still in the crapper, we were promised tax cuts, and BHO is going to cut the debt in half by 2010? Lol.......and I'm going to learn to fly like Superman by early next week.

You don't have to be a genious to figure it out--HE LIED, and more than likely he'll lie some more tonight. He's proposing the impossible--amazingly some people believe he can do it. I guess that's why he's been referred to as the "messiah".

Chad
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