The debt crisis was created by Congress (as an urgent concept). The plan was to give Congress a final opportunity to tackle the problem, otherwise spending cuts are forced across the board. And this because Congress held hostage the ability to spend the money they had already budgeted (i.e., the debt ceiling fiasco).
Debt is more important than jobs to Republicans, although most of the debt was created on their watch. 42% under GWB alone (vs 16% for Obama). They just don’t want the corporations and wealthy that have bought them to pay as much percentage-wise in taxes as the rest of us. GE? No taxes. Verizon? No taxes. And the list goes on….
It’s time for the politicians to show their voters that we are more important than their donors. It’s time to man up and admit that Trickle Down does not work, never has worked, will not work and does not create work here. The deficit trail must end now. Figure it out!Hey halfabrain – The ignorant Nobamas gave OUR president no choice in the matter. And if this loser idea fails – Congress Fails, not him. It’s called politics. No one ever wins.
I, for one, am not concerned with the national debt. I am concerned that my neighbor isn’t working. Why isn’t he working? Because the government stopped the high-speed rail in Milwaukee. Because the government stopped plowing the snow unless it is 12 inches or more, because the government isn’t working on the country’s infrastructure…government is in the business of building and providing assets for the entire population. Roads, bridges, rails, public transportation, etc is government’s business. My taxes are ongoing and not having a plowed road will be an inconvenience. But not having a safe bridge to cross the Mississippi River will really ruin my winter.
What is the government doing? It is debating bills reaffirming that “In God We Trust” is our national motto. It is debating bills (HR 3035) to allow ALL businesses to contact your cell phone to give you information on their goods and services —do robo-calls sound familiar? (On the DO NOT CALL REGISTRY? It won’t matter.) It is debating on which entitlement programs are going to be CUT, because all this chattering about the deficient will bring program cuts to every federal program on the books.
Should you get out of Social Security what you paid into it? NO—Social Security if not an individual investment program. Your taxes paid for the earlier generation of retirees. Current workers are paying for you. The total amount of your benefit depends on how much you earned, whether you get a spousal benefit, when you retire, and how long you live.
So guess what…if my neighbor doesn’t find a job soon and start paying FICA, Federal and State taxes, there will be no Social Security. I invested in real estate…not necessarily a great investment, but at least I will have a home to live in and furniture to burn, should the utility company cut off my power.
Rethuglican Dick Cheney said it best—-“DEFICITS DON’T MATTER.” That was when George W ran up the bill to such dizzy heights. Obama has had less than three years to right the wrongs committed by the Rethuglican Administrations of the past. Kick down the road, indeed.
“have you tried tax cuts for the rich?” SORRY To Report: …Tax Cuts are in place for the Rich One-Half that Pay ZERO Income Taxes.The IRS Code Caps or Excludes Income 5-ways and the Itemized Deductions Are the Best Quality.…4 Million of the Top 2% thank you very much for paying ZERO Income Taxes.…But, the Rich CEO’s do Not have New good full-time Jobs for the 14 Million Unemployed.…Go see your congresswo/men for a bailout, if the Rich can buy congressionals, maybe everyone else can too…..
The “jobs crisis” is SOLELY the responsibility of American BUSINESS! They’ve had the biggest tax breaks in history. The Bush administration removed more “regulatory controls” than any in history, and yet, gee, jobs still went overseas, and manufacturing shut down in America, well except for Toyota, BMW, Volkswagen, and other “foreign” companies investing in America and American labor. Granted they went to “right to work” states, but they at least employed AMERICANS. Whereas “U.S.” companies shipped manufacturing, service, and even sales staff overseas to reduce “cost” while paying off managers and CEOs, not even investing in infrastructure here at home! “Government” indeed cannot create those jobs, but maybe it’s time to tax those making a profit off foreign “investment” at a higher rate to invest in at least public infrastructure, and supply some jobs?
Yontrop over 12 years ago
The punchline is “garbage out”. .. as in “garbage in garbage out”.
Yontrop over 12 years ago
http://krugman.blogs.nytimes.com/2011/11/14/superfraud/
halfabug over 12 years ago
It was a loser idea from the get go. Obama just did not want to deal with it himself unless he had everything his way.
ossiningaling over 12 years ago
The debt crisis was created by Congress (as an urgent concept). The plan was to give Congress a final opportunity to tackle the problem, otherwise spending cuts are forced across the board. And this because Congress held hostage the ability to spend the money they had already budgeted (i.e., the debt ceiling fiasco).
SaltWaterCroc over 12 years ago
Debt is more important than jobs to Republicans, although most of the debt was created on their watch. 42% under GWB alone (vs 16% for Obama). They just don’t want the corporations and wealthy that have bought them to pay as much percentage-wise in taxes as the rest of us. GE? No taxes. Verizon? No taxes. And the list goes on….
MaeRiot over 12 years ago
It’s time for the politicians to show their voters that we are more important than their donors. It’s time to man up and admit that Trickle Down does not work, never has worked, will not work and does not create work here. The deficit trail must end now. Figure it out!Hey halfabrain – The ignorant Nobamas gave OUR president no choice in the matter. And if this loser idea fails – Congress Fails, not him. It’s called politics. No one ever wins.
pirate227 over 12 years ago
Hey, have you tried tax cuts for the rich?Oh, you have? Never-mind…
Crabbyrino Premium Member over 12 years ago
I, for one, am not concerned with the national debt. I am concerned that my neighbor isn’t working. Why isn’t he working? Because the government stopped the high-speed rail in Milwaukee. Because the government stopped plowing the snow unless it is 12 inches or more, because the government isn’t working on the country’s infrastructure…government is in the business of building and providing assets for the entire population. Roads, bridges, rails, public transportation, etc is government’s business. My taxes are ongoing and not having a plowed road will be an inconvenience. But not having a safe bridge to cross the Mississippi River will really ruin my winter.
What is the government doing? It is debating bills reaffirming that “In God We Trust” is our national motto. It is debating bills (HR 3035) to allow ALL businesses to contact your cell phone to give you information on their goods and services —do robo-calls sound familiar? (On the DO NOT CALL REGISTRY? It won’t matter.) It is debating on which entitlement programs are going to be CUT, because all this chattering about the deficient will bring program cuts to every federal program on the books.
Should you get out of Social Security what you paid into it? NO—Social Security if not an individual investment program. Your taxes paid for the earlier generation of retirees. Current workers are paying for you. The total amount of your benefit depends on how much you earned, whether you get a spousal benefit, when you retire, and how long you live.
So guess what…if my neighbor doesn’t find a job soon and start paying FICA, Federal and State taxes, there will be no Social Security. I invested in real estate…not necessarily a great investment, but at least I will have a home to live in and furniture to burn, should the utility company cut off my power.
Rethuglican Dick Cheney said it best—-“DEFICITS DON’T MATTER.” That was when George W ran up the bill to such dizzy heights. Obama has had less than three years to right the wrongs committed by the Rethuglican Administrations of the past. Kick down the road, indeed.
Fuzzy Thinker Premium Member over 12 years ago
“have you tried tax cuts for the rich?” SORRY To Report: …Tax Cuts are in place for the Rich One-Half that Pay ZERO Income Taxes.The IRS Code Caps or Excludes Income 5-ways and the Itemized Deductions Are the Best Quality.…4 Million of the Top 2% thank you very much for paying ZERO Income Taxes.…But, the Rich CEO’s do Not have New good full-time Jobs for the 14 Million Unemployed.…Go see your congresswo/men for a bailout, if the Rich can buy congressionals, maybe everyone else can too…..
ARodney over 12 years ago
Fuzzy, you’re losing it. I can’t understand a thing you just wrote, and what it seems to say is totally false. Maybe if you type more slowly?
Dtroutma over 12 years ago
The “jobs crisis” is SOLELY the responsibility of American BUSINESS! They’ve had the biggest tax breaks in history. The Bush administration removed more “regulatory controls” than any in history, and yet, gee, jobs still went overseas, and manufacturing shut down in America, well except for Toyota, BMW, Volkswagen, and other “foreign” companies investing in America and American labor. Granted they went to “right to work” states, but they at least employed AMERICANS. Whereas “U.S.” companies shipped manufacturing, service, and even sales staff overseas to reduce “cost” while paying off managers and CEOs, not even investing in infrastructure here at home! “Government” indeed cannot create those jobs, but maybe it’s time to tax those making a profit off foreign “investment” at a higher rate to invest in at least public infrastructure, and supply some jobs?