By msnbc.com's Tom Curry: How will Friday’s depressing employment report affect Sunday’s debt limit talks between President Obama and congressional leaders?
Too early to tell for sure but consider how bad the news was: with 14.1 million seeking work and unable to find it, there are now 5.6 more people unemployed than three summers ago, in June of 2008.
At first blush the reaction was true to form – party leaders blamed their opponents and reverted to their economic dogma – seeming to harden their positions going into Sunday’s parley.
Republicans argued that the moribund economy cannot tolerate any tax increases, saying such a move would siphon off money that might be used for spending and investment.
“As we address the debt limit increase we shouldn’t do so in a way that raises taxes and impedes the ability of small businesses to create jobs and get people back to work,” said House Majority Leader Eric Cantor.
In a mirror image, Dems used the new jobs data as evidence that no, really, it is spending cuts that would further depress the sickly economy – even though big reductions in spending are at the heart of what Obama and congressional leaders are negotiating about on Sunday.
A leading Democrat, House Budget Committee ranking member Rep. Chris Van Hollen told NBC’s Chuck Todd, “The disappointing jobs numbers this morning underscore what a lot of us have been saying, which is that even as we work to come up with a plan to reduce the deficit over the next ten years, we (should) do nothing in the short term to harm the economy – and deep, immediate cuts would do just that.”
So in Sunday’s talks, Obama and House Speaker John Boehner will find themselves squeezed even more tightly between the true believers in their own ranks.
How can future deficits be reduced if most GOP members resist raising more revenue either through higher tax rates or by cutting deductions and credits – most of which go to middle-and upper-income people?
And conversely – how can deficits be reduced without cutting spending, which at least in the short term, most Democratic members resist doing, except in defense?
So instead of the “deep, immediate cuts” that Van Hollen warned against, Obama and Boehner could try to design a plan that made smaller cuts in the next year or two and deeper cuts starting in say, 2014 or 2015. And likewise they could propose revenue increases that would take effect only in 2014 and 2015.
But the question then would be: would bond market investors find such a plan credible in reducing the government’s growing debt burden?
Van Hollen seemed to reject one idea that has been much discussed in recent days as part of the debt/deficit parley – changing the inflation index used to cost of living adjustments for Social Security recipients.
“I’m not saying we’re going to tinker with COLA,” he told Todd.
Von Hollen reverted to the familiar Democrat argument: income tax rates, at least for upper-income people, ought to be lifted to where they were when Bill Clinton left office.
He also said people earning over $500,000 a year should begin to have their itemized deductions phased out.
A deduction limiting proposal similar to what Van Hollen described would raise $1.1 trillion over ten years, according to the Congressional Budget Office. It would affect about one out of every four taxpayers.


Yes, leave the COLAs alone!!!
Unless you're talking about RC Cola. That stuff is just nasty! Tastes like battery acid mixed with Mountain Dew.
HAVE A COKE AND A SMILE!!!
"Too early to tell for sure but consider how bad the news was: with 14.1 million seeking work and unable to find it, there are now 5.6 more people unemployed than three summers ago, in June of 2008."
Amazing. msnbc finally told the truth about all of those jobs supposedly 'created' under Obama.
Here is the government's own Bureau of Labor Statistics site that tells the truth about all of the jobs actually LOST under Obama in his first 2 years, which amounted to almost 6.3 million net jobs lost;
http://www.bls.gov/cps/cpsaat1.pdf
For 2008 (Bush's last year), total employment was 145,362,000 jobs. After 2 years of Obama, the 2010 total employment figure was 139,064,000.
Congratulations on that "Change we can believe in" that you voted for.
I wonder if somebody's head will roll at msnbc for that comment - don't they understand that msnbc is supposed to be be a cheerleader for Obama?
Everyone seems to be forgetting all the people, the states run by Republicans are laying off.
What a great plan, Republicans lay off people, blame it on President Obama.
Please God, save us from the lying Republicans.
It simply amazes me that republicans can say with a straight face that raising taxes would kill jobs when taxes have been cut for 20 some years and it did not create jobs, what kind of argument is that? The reason jobs were lost is because the republicans bought into wall streets ponzi scheme and bankrupt the country, go figure.
The Reagan tax cuts resulted in 20 million new jobs, you clueless moonbat.
Wall Street insiders love Obama, they supported him with huge contributions, and some now work for him.
Bob-1887910
keep lying to yourself. Regan raised taxes 11 times I repeat, 11 times and that's what grew the economy not tax cuts. Tax cuts do not grow economy because tax cuts do not pay for itself. you clue-full moonbat.
moonbat bob
cut off air and blood supply to your brain and grow from there....ding ding.
Bob seems to have reality issues.
Well, now that they can't get traction on the economy, Republicans will turn to their favorite past-time . . . yanking the rug out from under the working class and middle class . . .
"Discussing the future of Social Security, U.S. House Majority Leader Eric Cantor (R-VA) told an NPR radio interviewer a few weeks back, "We're going to have to come to grips with the fact that these programs cannot exist if we want America to be what we want America to be."
. . . it makes you wonder what their America will look like. Perhaps it will be 85 year old "retirees" greeting you at Walmart or the sick and dying laying at the feet of the wealthy as they enter their mansions.
And yet, congressional pensions look like this:
Having been in Congress since 1999 and a staffer in the '80s, discredited, resigned Anthony Weiner will be eligible for a congressional pension of up to $46,224 each year, according to the National Taxpayers Union, which calculates all congressional pensions. He'll eventually be eligible to collect the balance of his Congressional Thrift Savings Plan, which is currently $216,011. And he'll be able to keep his high-quality health-care package, at his own expense, until November 2012.
A member becomes fully vested after five years, and pays only 20 percent of his own benefits (the other 80 percent comes from taxpayers). You can access a portion at 56, or the full amount at 62.
As long as we're trying to be fair and ensure everyone is equal . . . yeah . . . sure.
Will the wealthy invest the money the Republicans want to stuff into their pockets? They haven't so far. The evidence so far is that they are hoarding it. Companies are cash rich. It explains the meteoric rise in the stock market while the average American is struggling to find jobs.
Republican lie. You know how to tell . . . they're talking.
Bill-Austin, so true.
Paul Ryan's plan doesn't get around to balancing the budget for decades out due to additional tax cuts (lack of revenue), and now Republicans are saying they may consider revenues, but will only end tax spending loopholes and tax evasion if Democrats agree to equal cuts elsewhere--once again doing nothing to balance the budget.
I suspect President Obama floated or actually placed cost savings in Medicare (and possibly Social Security, though SS is not a part of the debt) to show that even if Democrats made further concessions with "sacred cow" offerings (like a 3 to 1, or possibly 5 to 1 cuts in spending versus revenue isn't concession enough), the GOP/TP would still refuse to negotiate in good faith.
That's right folks, no matter what concessions the Dems make, Republicans are standing firm on "tax cuts" ever, of any kind, and their treasonous pledge to t lobbyist Grover Norquist. If it isn't very clear now to everyone, including conservatives, that Republicans--especially the Teabag minority in the House--do not care about balancing the budget, or even our nation's good faith and credit, what is there to say except how FOX lacks journalistic standards to the point of making stuff up and should be shut down immediately?
Maybe corporations making record profits and the wealthy (outside the oil industry) are not contributing to Republican candidates because they are waiting to see if the GOP/TP will actually allow the US to default on the debt?
w bush "It simply amazes me that republicans can say with a straight face that raising taxes would kill jobs when taxes have been cut for 20 some years and it did not create jobs, what kind of argument is that?"
In 1990 (20 years ago) there were a net total of 118,793,000 jobs.
For 2010 (20 years later) there are 139,064,000 net jobs, for a gain of over 20 million jobs (actually, for 2008 (Bush's last year, there were 145,362,000 net jobs, for a gain of almost 27 million jobs in 18 years.
Here's the government site to verify this;
http://www.bls.gov/cps/cpsaat1.pdf
But don't let the truth get in the way of a good 'spin'. By the way - almost 22 million of those jobs were 'created' under a Republican led Congress.
Bob-1887910 "The Reagan tax cuts resulted in 20 million new jobs"
In 1980 (Carter's last year) there were 99,303,000 net jobs.
In 1988 (Reagan's last year) there were 114,968,000 net jobs, for a net gain of 15,665,000 jobs over 8 years, for an average gain of 1,960,000 net jobs per year. Not too shabby.
Hey, maybe there is something to the idea that lower taxes 'create' jobs.
The government site to verify this is at;
http://www.bls.gov/cps/cpsaat1.pdf
Bob-1887910 "Hey, maybe there is something to the idea that lower taxes 'create' jobs."
In the 3 years before the Bush tax cuts were fully implemented (2001 - 2003), a net of only 845,000 new jobs were added (282,000 per year).
In the 3 years AFTER the Bush tax cuts were implemented (2004-2006), a net total of 6.7 million new jobs were 'created' (2,230,000 per year).
Must just be a coincidence - but of course the same thing happened with Reagan.
Hmmmmmmmmmmmmmmmmmm.
w,
Yeah you seem like the type that is pretty easy to amaze.
Learn the difference between correlation and cause and effect. There are many other variables being left out, such as Reagan increasing the tax base by eliminating loopholes.
But ultimately, the majority of credible economists will tell you:
1) Tax cuts don't pay for themselves. Especially tax-payer subsidies and loopholes allowing tax evasion -- these are "tax spending." Come on, stop and think about it. If tax payers subsidize corporations, for example Big Oil, or corporate farms, aren't the tax payers "spending" to do this? It's on par with earmarks.
2) Tax cuts don't create jobs. Many of the richest 2% are doctors, lawyers, investment bankers who do NOT create jobs. In the last decade corporations have paid on average only a 15% tax rate (some around 7%, and some 0%), and job creation has been dismal.
3) Tax cuts for the rich don't "trickle down." Look at the GINI coefficient. The richest 2% and corporations make this crap up. Why do you suppose? Could it be because they benefit from it?
And why would you trust for-profit entities (from Enron to BP Oil and now FOX hacking your phone) more than your own government? You people need to stop drinking the Kool-Aid.
Even with the4.4 million jobs lost due to the recession Bush enjoyed a net job gain. As it stands now the present administration is suffering a net loss.
and yet ryans plan included loophole eliminations which enabled any proposed tax cuts to be revenue neutral.
Something that obama said he would support during his 2011 state of the union.
Regardless, I have never met a politician yet that didn't look at any type of increased revenue as anything but a sign to increase spending on new or existing projects. Perhaps you FR libs need to understand this.
Rick, how many times do we have to tell conservatives you can have your own opinion but not your own facts. Jobs barely kept pace with population growth during Bush. Jobs didn't start to improve until President Obama and Dems took control. Look here:
http://www.washingtonmonthly.com/archives/individual/2010_04/023184.php
But rick, we will all have "affordable" healthcare in 2014, and those not able to have "affordable" healthcare will be issued government vouchers. lmao!!
Taxation is the lowest it has been in generations.
Care to try again?
Any form of cut will harm the fragile economy and GOPers know that. Cuts do not grow economy. Regan raised taxes to help grow the economy. what GOPers are asking for is like asking a very sick patient to donate blood.
The "patient" is the American people, not the liberal God, the Nanny State.
The hardworking taxpayers have donated enough blood and treasure to moonbatty failed liberal Government. Cut government.
As government expands, freedom contracts.
Well, now that they can't get traction on the economy, Republicans will turn to their favorite past-time . . . yanking the rug out from under the working class and middle class . . .
"Discussing the future of Social Security, U.S. House Majority Leader Eric Cantor (R-VA) told an NPR radio interviewer a few weeks back, "We're going to have to come to grips with the fact that these programs cannot exist if we want America to be what we want America to be."
. . . it makes you wonder what their America will look like. Perhaps it will be 85 year old "retirees" greeting you at Walmart or the sick and dying laying at the feet of the wealthy as they enter their mansions.
And yet, congressional pensions look like this:
Having been in Congress since 1999 and a staffer in the '80s, discredited, resigned Anthony Weiner will be eligible for a congressional pension of up to $46,224 each year, according to the National Taxpayers Union, which calculates all congressional pensions. He'll eventually be eligible to collect the balance of his Congressional Thrift Savings Plan, which is currently $216,011. And he'll be able to keep his high-quality health-care package, at his own expense, until November 2012.
A member becomes fully vested after five years, and pays only 20 percent of his own benefits (the other 80 percent comes from taxpayers). You can access a portion at 56, or the full amount at 62.
As long as we're trying to be fair and ensure everyone is equal . . . yeah . . . sure.
Will the wealthy invest the money the Republicans want to stuff into their pockets? They haven't so far. The evidence so far is that they are hoarding it. Companies are cash rich. It explains the meteoric rise in the stock market while the average American is struggling to find jobs.
Republican lie. You know how to tell . . . they're talking.
Did it ever cross your mind who sponsored the So Called Tea Party but Dick Army the Koch Brothers and these people fell for it - Wake up you so called Tea party you have been had - these people are not your friends but the enemy within - grow up - America will not be Daddy knows best - Women will not be in the kitchen - because you guys cannot support the woman in the kichen - they have lied to you and you and your stupid dreams and want the world you never really had will not be - Sorry to bust your bubble but you have been had - get into the century you live in and quit your stupid little costumes and silly hats and grow up
Even though Reagan raised taxes there was still a net reduction in taxes during his administration.
Barbara - I find a democrat leaning poster harping on how badly the right treats women to be the epitome of hypocrisy considering the way the left has treated women aspiring for political office....even Hilary Clinton
It is pathetic how D.C. spit up trillions to make sure the wealthy didn't lose any money but when the hard working people of this country are put out of a job by the actions of this banana republic all you here is the money is all gone, all I know for sure is the rich were doing fine before the depression started and they are still maintaining the same lifestyle now, someone has to pay so they don't feel the pinch, guess who get's to do that. What a gutted corpse of a country this place has become.
Envy the rich? Then get a job, work hard, and make your own fortune. Instead you want to confiscate others' property.
The days of working hard to make a fortune are long gone Bob, as well you know, now you have to screw the other guy out of what's theirs, lie, cheat, have no integrity or morals, just steal someone else's wealth, it would be obvious you already have these tools in your kit bob, hope it's worth it.
Bob, talk about clueless... You seem to have missed the part about record unemployment. Therre are no jobs. You also missed the part about the wealthy not spending their money but hoarding it. No jobs, no money... Want to try again, Bob?
Bob -- WTF are you talking about?
Let's start with individuals like hedge fund managers paying maybe 15% in taxes because of "capital gains" loopholes on labor, and investment bankers who self-report their income as zero, like others in in the richest 2% group who are responsible for 57% of tax evasion, and speculators (including Eric Cantor) who create wealth by betting against the success of our country -- Who have used zero-interest government (tax payer) money to create wealth with instruments like toxic mortgage securities rather than actual goods and services. Who line their pockets by decimating pension funds and 401ks.
Then let's talk about banks that were bailed out by the tax payers that are not lending, because Bush's TARP had no strings attached, and banks are making more money per the above than lending it. And let's talk about corporations making record profits, but aren't hiring, because the Great Recession has provided them the opportunity to cut staff to the bone, pay the skeletal staff less and end benefits, and if they hire anyone new they offer pay far below what the job really commands. In the meantime, the CEO's incomes are increasing by 20-30%.
And it's not just companies like GE or Exxon Mobil who enjoy corporate welfare via tax spendingsubsidies from tax payers, but Citigroup, Johnson & Johnson, HP, etc. that are profitable yet pay far less than the 35% corporate rate (some as low as 7.6%). The real kicker is all of these companies have slashed jobs, some in the thousands. Our biggest problem is redistribution of wealth from the middle class to the rich by privatizing profits and socializing debt.
And yet, Bob, you have the audacity to say people just "envy the rich" and want to take away the wealthy's hard earned "property." Put down that great big glass of Kool-Aid Bob, it's staining our mouth and you look like a clown.
You could start a lemonade stand, that just might pay better than the average job in Texas.
W,
You just described the far left...Thanks.
wBush - the plan started with Reagan all the Republicans needed was a willing ally and Reagan in his second term with the begining of alziemers and Nancy who covered for him was a perfect ploy to get their agenda started - note these people are evil don't give a dam about the United States - have more money can live anywhere - have no allegiance to any country and you follow them?
What happened to all the jobs the Republicans promised if we elected them last fall? Have they even considered, much less introduced any legislation related to jobs? Oh yeah, I forgot. Last fall they were the only ones who could create jobs, and now the government can't create jobs, only the private sector can.
A wise man said:
"Government is not the solution; government is the problem."
The Democrat policy of socialism has failed! Try freedom, it always works.
hey bob who said republicans say that goverment is not the solution its the problem, ,,,then they get elected (house) of rep.s and prove it.
@Heartlight3 -- It was never about jobs. They couldn't care less the everage American is employed or not. It was being able to get enough control to further erode the middle class, enrichen the top 2%, and to create havoc to the President lasts only one term. In addition, all they cared about were passing THEIR social issues bills (anti-abortion, etc.) -- because we all know closing Planned Parenthood creates jobs.
OK, GOP -- you've had the tax cuts for the top 2% and large corporations for 2.5 years of the current administration -- WHERE ARE THE JOBS??? They had to have those cuts continued to create jobs -- WHERE ARE THE JOBS???
Bob, to the extent that the Democrat's policy has failed, it is due in large part to the Republicans stated intention to make this administration fail. You said you would do it and now you have. You must be so proud.
This administration needs no help when it comes to failing. It's liberal policies are the same ones that have failed before and continue to fail all over the world. When I hear the liberal clowns here say things like you can no longer work hard and prosper, I see the results of liberal policies that have convinced so many of of our citizens that they cannot survive without big daddy government. Then they say dumb crap to fiscal conservatives and those that still know what personal responsibility means to stop drinking the koolaid when they are the ones hooked on it. Continue to hope for the Dems to handle your future and you are destined to have a miserable future. When I voted for Obama, I had hoped he would bring this country together. Instead, he has split us apart like no time I can remember in my 63-years on this earth. You liberals had better get over it. Obama and his marxist, fascist policies were doomed to fail just like they have for decades before.
Bob-1887910 -- The "socialism" lie perpetrated by FOX, Hate Radio, etc. has no basis.
Lanikai Ron -- Liberal policies that have failed before -- when was that exactly? In case you don't know, the last decade, when everything started going down the toilet, was during the Bush/Cheney era. And don't forget, Republicans won the largest majority in the House in recent history. So President Obama and the Dems had all of two years of power, and they accomplished more than in the entore decade prior.
We need to open a deprogramming facility.
True Patriot,
Accomplished more?? How so?? Unemployment is still high, we are still in Iraq, we are still in Afghanistan (which by the way, we have had more casualties in Afghanistan in the 2 years Obama has been in office, then in ALL the previous years under Bush), we are still holding enemy combatants in Guantanomo (which he PROMISED he would shut down), we are even more in debt then when he took office...
JK, I'm talking about the amount and significance of legislation -- Here is a summary of what has transpired prior to and in the first two years under President Obama and the Dems:
"[Bush] presided over two terms of laissez-faire supply-side policies that yielded the weakest expansion in recent U.S. economic history, marked by tepid job growth, weak private investment, stagnant family incomes, and a host of other ills that mounting housing and financial bubbles helped partially obscure.
…since the changing of the guard in Washington in January 2009, conservatives in Congress have done everything they can to obstruct efforts to fix the economic mess left at the end of the Bush era.
It started with the American Recovery and Reinvestment Act [stimulus], which conservative senators fought in general and then worked to weaken by stripping out more effective job-creating provisions in favor of less effective conservative priorities.
The House passed a sweeping financial reform bill on December 11, 2009; not one Republican voted for the bill. Senate conservatives' filibustered the bill in efforts to weaken reform, ultimately delaying a vote until May 20, 2010, more than five months after the House.
In May, the Small Business Jobs and Credit Act of 2010 was introduced. Conservatives blocked the bill throughout the summer. All 41 Republicans voted to continue the filibuster in July, leaving the bill for after the August recess and forcing small businesses to go weeks more with the uncertainty over their financial futures.
One of the most troubling examples of conservative obstruction to economic recovery is their actions on unemployment insurance. Unemployment insurance is both good social policy and among the most sound, best countercyclical economic policies.
Conservatives then repeatedly filibustered attempts to reinstate the benefits, demanding that unemployment benefit extensions be paid for with commensurate budget cuts, and that the deficit-busting $830 billion Bush tax cuts for the richest two percent of Americans be extended but not paid for.
Republicans…unveiled a "Pledge to America," detailing their "new governing agenda." CAP analysis shows that putting the plan's proposals into place would cause the federal budget deficit and debt to grow much faster than they would under President Obama's budget. The deficit would be $200 billion larger in 2020 under "Pledge to America," and $1.5 trillion larger by 2030, while the federal debt would rise above 93 percent of GDP with interest payments surpassing $1 trillion a year.
The bottom line is that the pledge merely recycles the same failed Bush policies that caused the six years of jobless economic growth followed by the Great Recession and today's current malaise in the broader economy accompanied by lots of federal red ink—a relentless focus on tax cuts for the richest Americans."
Since that time, Republicans have failed to propose any legislation to create jobs or stimulate the economy. In fact, they have been trying to repeal financial reform and other measures passed.
Yes, unemployment is still high, but more jobs have been created under President Obama than under Bush who served two terms under better economic conditions. Look at thist graph: http://www.washingtonmonthly.com/archives/individual/2010_04/023184.php
President Obama tried to have terrorist trials in NY, but was blocked, so that's why Gitmo was not shut down. President Obama has drawn down troops in Iraq, and now that bin Laden has been removed, plans to do the same in Afghanistan. I'd like to see this go a lot faster. Because of the debt and cost of the wars, finally Republicans are getting on board with ending the wars.
This we do know, is doing the same things won't get different results. Something else that is disconcerting is this pledge nonsense among the GOP/TP. Now fundamentalist idiots like Bachmann and Santorum are signing The Marriage Vow pledge. Whether making pledges to lobbyists like Norquist, or this bat sh!t (read it) vow, don't conservatives have a problem with elected officials making pledges to anyone or thing other than constituents?
(REPOST) I see some very good points here on both sides... However Pres. Obama did have a chance to focus on Jobs ... instead he focused on Health care... He promise during Stimulus 2 that Unemployment would not go over 8% as of today it is at 9.2%... the rebublicans will not "give" in with compromises anymore. Two years of "Have it your way" is now out the window... Many of you are advocating the very same thing that the "New deal" enspoused and after a "prolonged" recession they reversed course to a "conservative" approach.... Raising taxes at best will ONLY create revenue.. but it will not creat one blessed Job. We saw what hapen with giving the government MORE money to do what.... One of the "Ideas" that Pres obama enspoused was "MORE" spending on ifrastructure to "Create Jobs"... He did that with Stimulus 1 and 2... Those Jobs were State and Federal Jobs.... Now Many of those "Shovel ready" projects have been completed or worse ceased (money has dried up) and lay offs ensued.... Not One tax increase created any Jobs... Fact: "Health care law will stabalize cost and create Jobs" was the Obama Line... Fact: Health care cost has increased in ALL demographics and those who are benefiting (don't get me wrong the need of healthcare reform is real but pres plan did not/will not work) are over taxing the system to the point were the states are asking for more money or completely blocking the plan. If any one here can give me ONE way that Raising taxes create jobs and put Americans back to work.. The old addage you make mo... you spend mo.. I don't see any solutions in you diatribe... You made a case for "What is wrong but you made no case for Slutions.. Dems controlled both house and senate and refused to focus on Jobs... am ai wrong... I'm all ears. God bless And God Bless America
A lot of that has been debunked.
But let's just talk about increasing revenues, starting with elimination of loopholes and tax evasion, then increasing tax rates for the rich, first for millionaires than on down to the richest 2% (which starts at incomes of $250,000). End the wars, and cut defense spending, and foreign aid to corrupt governments. Stop Medicare fraud.
If revenues are increased like this, the economy can be stimulated in various ways, such as investment in infrastructure. Or manufacturing windmills or batteries for electric cars, the way NASA launched the space industry. And so forth, with more people employed and able to create demand in the market. Once this demand picks up, then companies can start selling more goods and services, and will need to hire. At the same time these efforts would preserve our infrastructure and would improve our trade deficit. Why is China cornering the market in windmills?
This chain of reasoning is clear and logical compared to tax cuts providing more profit margin for companies, who don't necessarily hire as a result (as we've seen for over a decade) or how tax cuts for the rich DON'T "trickle down." That's just voodoo economics that's never been proved to work.
After a deep recession like this, we cannot look to the private sector to create jobs. The government is the only entity that can jump-start the process. Even in the private sector there's a saying that you have to spend money to make money.
We can and should balance the budget. But "starve the beast" is a very small-minded concept, as well as detrimental to the future of our nation.
Hey TruePatriot:
I worked for a multi million dollar wholesaler. I bought and sold industrial pipe and valves. Anything I bought I had to consider every cost to make a profit. That inculded taxes. The owners of our company made sure they wern't going to lose any money. And they didn't. All cost roll back over to you. You can tax the giant oil companys and anyone else you want. And all your going to see is your price of gas and food and other prouducts that you can't seem to live without fall back on to you. The rich already have their money. Why would you think they would want to let any of it go if they thought it would cost them in taxes. If I had a million dollars the last thing I would do today is to try and start a business. By 2014 Obamas health care could most likely bankrupt me. You can't guarantee me it wouldn't. Nobody can. So why would I or anyone else use my personal money to gamble with. It takes money to make money. But if your not going to make any money it would make sense to keep your money where it's at. You must remember the riseing cost don't effect the rich liberial movie stars and elites do you really think they really care if they have to pay a dollar more for gas or electricty? But the Democrats know whats best for you. And your so stupid you believe they can handle your money better than you. ether that or your one of the ones who have their hands out for welfare or anything else you can get from the real people who pay taxes. Thats the private sector. The public sector employee wouldn't be able to pay his tax if it wasn't for the private sector that also pays for the public sectors health insurence (not Obama Care). The PERS that Government pay less than half into. Government employees don't have to pay social security tax. But the private has to pay for their retirement. Why can't Government employees pay social security tax to help us out. I don't get it. Your a fool if you don't think it's going to cost you in the end. Your digging your own grave and you don't know it.
By 2014 Obamas health care could most likely bankrupt me
if you survive until 2014 it won't bankrupt you: after 2014 more people will get insured and start paying in it which will drive down the cost of the insurance
Phil Flores, welcome to the board. I should warn you, though, that you simply cannot teach many of these people, as they will not learn.
Read through the posts today. In light of the unemployment numbers, they respond with
It's Bush's fault.
Republicans wanted Obama to fail.
The stimulous did, too, create jobs- Obama said so!
They simply will not admit the truth, even with proof staring them in the face: Obama's economic policies did what they were doomed to do- they failed.
A failed system will fail each and every time it is implemented, despite the person using it. Keynesian economics fail every time-and none of Obama's dubious charisma had any effect.
Today, Mr. Calm,Cool, and Brilliant opined that the unemployment figures meant that "there aren't enough jobs for those out there looking".
Thank you Mr. Bleeding Obvious.
The liberal posters on this board took those as pearls of wisdom. The rest of us recognize that he is a clueless failure, and pray that there is a country left to save in 2013.
TruePatriot-445959 re: #5.8
Your referenced post is nothing more than a political attack meant to further your political agenda.
You talk about the Bush administration's slow economic growth and low job creation. I can't argue with that but at least there was hope. Obama ran on hope and change. Ok, I have seen the change but where is the hope. Most seem to feel that it will be at least ten years before the economy will get better. By Obama's own projects there is deficit spending far into the future. At least there was some growth under the Bush administration, unemployment averaged about 5.2%.
You talk about the "obstructionist" policies of the republicans. Yet every thing I have seen the republicans obstruct is the democrats efforts to drive us further into debt and nothing to reign in spending.
Many liberals talk about the "mess" that Bush left president Obama and you refuse to address the origins of that mess even though you mention the bust of the housing bubble. The sub prime meltdown plunged the world economy into recession and a great many foreign governments had to bail out their financial institutions as well. But none of the democrats will admit that the seeds for the sub prime meltdown were planted in the nineties and that a democratic president and democratic congressmen successfully resisted any attempts to bring it under control.
I noticed you referenced the Center for American Progress to drive home your point. That organization is political and left leaning. Had a conservative referenced a similar but right leaning organization you would not stand for it.
You harp about the terrorists trials not being in NY. I and the majority of Americans do not want these people in the US which could cause terrorists attacks again. What is the problem with military prisoners staying in gitmo and being tried by a military tribunal?
You finish your posts by saying doing the same over and expecting different results yet we have tried the liberal agenda since 1992 and our problems have only increased and now you want to blame it on the republicans. That seems to be the liberal mode of operation. To blame their mistakes on someone else (see sub prime meltdown)
Most of your post is speculation based on your political ideology and I think the future of our country is more important than that. And to top it off you end your post with baseless accusations and petty name calling.
Why do you liberals subscribe to the political divisiveness of Nancy Pelosi and Harry Reid.
Your right Rick:
All I see is Obama doing is dismantling this country with his ideals. All of his financial advisers except for one has quit and gone back to teaching or working for universities and colleges because their ideals haven't worked. Obama needed advisers and needs advisers that have experience in making money. Bush and Obama especially Obama have proved to me that Keynesian economics doesn't work. The sad thing is. Obama is adding Health Care, EPA regulations, Tax breaks for programs that haven't showed any profits for our country. Just profits for those who contribute to his next election. I'm not as smart as you rick. So keep putting out the facts. Take Care.
From what I've read, the talk of increasing taxes on the rich is having no effect on the economy. The rich are still buying their luxury items. The talk of making the COLA on the other hand less generous and more inaccurate than it already is is definitely stifling my urge to go out and buy things. Keep your hands off that COLA unless you intend to make it more accurate and more generous.
Don't touch the COLA or eligibility age for Social Security. That goal post has already been moved twice, and with health problems increasing, age discrimination in the workplace, and people's retirement wiped out, this would just be another disaster waiting to happen.
Teabaggers say we can all go back to living like the Waltons, but we can't go back, and quite frankly they are forgetting how many elderly suffered in those days, having their heat turned off, eating cat food, etc. They always glamorize the good ole days when most people died at a young age from simple things like infections. It's just ignorant.
We need to get real about current circumstances, and move forward.
TrueIdiot:
I know a nineteen year old thats getting Social Security because he can't read. And I went fishing with a friend who gets Social Security because he can't mentally handel the stresses of life. My friend mitch couldn't get it because he was a drunk. But he gets it because his liver and kidneys are failing. And he's still a drunk. Were tired of the waste. And if we don't restructure our Social Security. And make changes so our children aren't the losers in the end. We all lose. You have alot to say about Teabaggers. But I picture you first in line to give Obama his daily BJ right behind Chris Matthews. A True Patriot. You really sound like you swallow everything they give you.
phil
did you learn this language from Boehner, Cantor or Michele B
Hey Kuche Kuche:
What are you learning from Obama? How he can use 9000 gallons of jet fuel to plant one plant on Earth Day. Or how he can put a moratorium on drilling oil and lose 8700 jobs in the process. create a fast and furious gun running scheme to propagandize a reason to infringe on our seconed ammendent rights. Only to make it back fire on Eric Holder and now he has to obstruct a congressional hearing. Or are you impressed by his shovel ready jobs program that he had the gull to make a joke out of it. That made me sick to my stomach knowing he can throw our trillions to the wind. Only to say he needed more money to make the stimulis work. At what turned out to be a cost of $287,000 per job. And where are those jobs today? And you liberials try to shovel the crap to us saying if he didn't do that we would be in a depression with no facts or proof to back it up. Show me the numbers, show me the facts not the bullcrap media assesments. I have two questions for you. What has Obama said his plan is to get us out of this mess? Can you give me one quote.
Bob looks like a mental case.
ludvig
he sure is.
Bob-1887910
A wise man said:
"Government is not the solution; government is the problem."
I always wondered who Reagan cabbaged this saying off of. What was this wise man's name?
Ever heard of a man named Paine?
Heartlight
If health reform was repealed and the debt controlled via the Ryan plan there would be jobs galore. However, there are many that think it is better to stay the course and complain.
Some people rather go down with the ship then admit they may be wrong. While the stimulus likely helped save some jobs the healthcare reform legislation killed any chance of job growth. Employers' won't hire without some certainty of the future.
www.babba1055.dumbasarock, tell me one just one for profit insurance company wants to take on old folks policy....they'd go bankrupt....the heart of the ryan plan depends on private insurance health to do something they won't do now insurance the elderly.....that's why we have medicare because the freemarket system that is based on profits couldn't make anymoney,,,if the private sector can't make money off it...i.e. fire departments and police they don't do it....so when you base your whole budget on a fantasy and it is a fantasy even you have to admit my point....that the whole plan is worthless because it can't work....please please argue that company's want me as a client because your crazy it makes no sense and neither does the ryan budget....
hey bobba get a life you idiot and stop trying to spread your repup TBer BS lies thats for the fox channel not for the people who post on here that are true americans who really are upset at the way the T pub party has stabbed the american people in the back. they have done nothing but stall the economy to make everyones life a f@!@#ng nightmare just to beat Obama. they only have one plan and unless your rich your not apart of it period. and in a time when so many good people are hurting from thier no taxes and the trickle down effect creates jobs just BS lies that anyone with a half a brain cell can see its just a republican party tool to slowly but surely kill goverment programs that benifit the poor, elderly,and the middleclass and in the same process make two types of people the (super rich & the poor) period. and anyone who beleaves that whats happening in london isn`t and hasn`t been going on here lives in a cave. and hedge fund managers don`t pay 15% tax because they borrow money like a loan from a bank but from their own money a couple times a year then they only pay 2% and they can live on thier money at 2% a year til they take all thier money out. they always make it sound like the taxcuts are to benifit you but you don`t make enough for them to benifit you. you get a few extra dollars more back so you feel good whitch keeps you from bitching about it but the true benifit gos to the rich always has and always will until we change it and that time is now while theres still something left they just keep taking and taking, come on people when will it be enough WTF up
Gentlemen,
I see you are unhappy with my post. Let me explain, I work with small and midsized companies and the owners have explained to me why they were cutting back on employees and not pushing for any expansion. Their biggest complaint was Healthcare reform. It is nothing but a mandate to allow people to buy insurance no matter what their health is. Mark, you won't be able to afford the premiums even though it is called affordable because premiums have been hiked up once again. The money needed to cover old people and or sick people is far greater then what is needed tom cover the young. Medicare is so underfunded that most doctors will not accept new Medicare patients. Bottom line, employers will cut employees before they give up their toys. Either make some meaningful changes and get off the Government teat or whine like a bi atch.
babba
No, we are not unhappy with your posts: we are only trying to educate you.
if there are more people in the system who pay but don't need/use care the premium will be cheaper. if the only people insured are those who need care it of course will be expensive. I thought the math is very simple.
Babba- the proof of Obama's economic policy failure is staring these people in the face. What is their response?
You will never convince them- they are idolators, therefore, none of this can be Obama's fault.
They believe there are no jobs because the republicans wanted Obama to fail, ( they put a hoodoo on his policies, which is why they did not work), because the evil rich are deliberately not hiring to make Obama look bad, or because enough people are not sufficiently worshipful.
These are not rational people- rational people realized long ago that they had voted for the wrong person. Obama is a religious icon to them- they cannot believe that they are worshipping a false god.
Narcissists have that effect on some people.
Right joe.
"Blame the world, not Obama"
Liberal bumper sticker.
They're actually frightening, Doug. Two weeks ago, the doors to their clubhouse were left open, so the world could see what passes for thinking with this group.
One of them, Jody, (she of the long winded posts that amount to "Obama good- republicans eve"), was giving advice. Said that if "any other president, R or D" had taken this action,she would question it- but, never Obama. ( this was in regard to the bombing of Libya- while Obama and the wife and family were in Rio, taking Samba lessons).
She went on to say that she, too, occasionally had doubts- but then she took out her paperback copy of all of Obama's speeches, read one, and her faith was restored.
I ask yup, do you expect any rational discussion with people who treat any elected official as a religious figure? Who treat his speeches as their bible- and use it, exactly the way Jews and Christians use THE Bible?
No wonder they get so angry when imprint put that they are worshippers- they are allergic to the truth.
No one said Ryans plan is perfect but it is a plan.... President Obama's plan was laid out in his speach recently... more money for infrastructure, raise taxes on the rich... He found out from his own CBO that he MUST do something on SS and Medicaid...(last week news reported that most dem Admit to some cuts needed in those programs) This is not the Pogressive party the US voted for...it appears to be regressive.
Flame 77
What do you make of the fact the President risked the wrath of the left wing of his party to offer the Republicans big cuts in SS and Medicaid, along with simplyfying the tax code and closing some loopholes....and they turned him down? Republicans are going for fewer cuts in entitlement spending in order to protect the pocketbooks of the wealthiest Americans. What do you make of that?
Actually Amy that is a very good point.... Here is the Problem... The votes... I'm not saying I Agree with the way things are done but that is democracy.... The House is controlled (now) by R's If Bhaener Goes to the House with that Option they will not vote for it... He would need R support in the House and Dem support in the Senate to pass ANY deal.... Our Pres knows that if he offers a "deal" that Bhener can't refuse but the House wont vote for then The dems look "saintly" and the R's look like "the party of no" Again I do agree some compromise must be on BOTH sides but ANY deal must have the support of both the house and senate. I would like to point out that the Dems controlled both houses for Two years and passed no budget but instead focused on healthcare... Dems can't say Filibusterer by R's because they passed healthcare using a "Budgetary" procedure despite mass opposition..
As someone asked long ago... Are you better off now than you were 4 years ago?
No I'm not better off now than I was in 2001 - 2006!! Then came the Democrats and it went ot hell in a handbag!!
Now put that where the sun don't shine!!
Simple solution: 5 simple steps, 1. get out of Iraq...2. get out of Afghanistan..3. Remove the cap on Social Security..4. Support the labor unions that created the middle class..and 5. Raise the income tax on people earning over $250,000 per year....SIMPLE.....
Maxx Power...You are full of S*%t....
further answer me the question to what we do when the ryan budget basically closes nursey assisted living homes to the elderly....kinda like when reagan deinstituationalized the mental health system which did end the problems with mental health and created the homeless problem....thanks ronnie....he didn't did the can down the road he kicked the whole case down the road....
The clueless Sen. Orrin Hatch said this week that the poor -- the poor! -- need to do more to help balance the budget. (He clearly does not live in the real world, and I hope his constituents remember his comments.) The powerful in Congress have not even looked at the elephants in the room.
Cut Pentagon spending, end the 3 wars, end the Bush tax cuts for the wealthy, insist that corporations like GE and others stop paying NO TAX at all.
The budget should not be balanced on the back of Middle Americans who have not had a significant income increase in at least a decade. Those who can afford it least should not be asked to give up more. It is cruel, wrong and unfair.
If Social Security, Medicare and Medicaid are subject to cuts in the debt negotiations, then I will believe that our country has truly lost its way.
"You know that flag flying over the courthouse, Means certain things are set in stone, Who we are, what we'll do and what we won't." Bruce Springsteen
We don't have a revenue problem - we have a spending problem. Raise the taxes on the rich and you will get an extra $70 billion per year. That is rounding error when compared to the 1 Term 0bama deficit of $1.7 trillion this year alone. The Bureau of Labor Statistics said that since the Stimulus Bill passed that we have lost 2.4 million jobs and unemployment has stayed above 8% for 29 straight months. Even 0bama laughingly admitted that the Stimulus plan didn't work when he said there were no shovel ready jobs just the other day. Really makes you confident in the POTUS when he laughs about a wasted $900 billion when that = 12 years of raising taxes on the rich. We need to end this Error in less than 500 days and make 0bama a 1 termer.
Wrong. Raise taxes on the rich = $350 billion per year. 5 times more than you stated.
well heres what your repubTBer house voted on and passed they raised the military budget 56 billion dollars more so boeing and the rest of military contractors don`t have any layoffs cus they can`t send thier companys overseas huh! and you know the f@!@#ng best part the pentagon never ask for more money the so called f@#@!ng savors of the country just showed us once again who they are for it ain`t the elderly, the poor, education, or this country, how much more are you going to take they just keep lieing to us while looking us in the face i can`t beleave the f#@!@ng ball of this party its become just unbeleaveable the i have no words for it
Alboy...just curious, 'who' are the workers making the plane's, ect that the large corp make? If I not mistaken, it's 'middle class people' who are employed by the corporations. I'm fine with closing the tax loopholes for corporations, but also would like to see the 'true' corp tax rate in the US lowered. And finally, you guys have so much 'hate' for the teaparty ideas...why is that? Do you really believe that Republicans want the middle class to fail. If that's the case, 'who' would buy products the corps make. I guess your saying Repub want the middle class to fail so that 1% of the country can keep their money. So the middle class in the country would fail, 'who' would elect Repubs to office...the 1% of rich people in the country? One other thing, how many more 'billions and billions' of dollars do you want to 'throw' at education? What has the Dept of Education, billions of dollars spent done to improve education in the country?
The Republicans ran in 2010 on the "Job Creation" platform. Well all you Republicans, where are the jobs you promised to create. None you say, too busy trying to screw the old folks and the less fortunate, plus kissing the butts of the rich and wealthy. Something for you Republicans to reflect on: since you aren't part of the 6000 rich and powerful people that run and manipulate this world, are you part of the one billion that'll faithfully serve them or the 5 billion expendable folks? They don't need six billion people to serve them; one billion will do.
we tried.... the Ryan plan and the Gang of Six supported by the President( None of thos sugestions was even considered in any Dem plan.... Ask Our Pres why didn't he focus on the the Jobs for the frst two Years the Dems controlled every thing... Don't try to say the R's prevented that because he got Healthcare thru dispite the opposition.
their job program seems to be sinking the economy so they can take obama job...it's the one job strag
we have the money and the key to balance the budget is ending the wars. thats number one big expense,,,trimming the defense budget back to 3, 4 hundread billion instead of the almost 9 hundred billion that its creaped to under bush and the weight of two wars...the bush tax cuts expire in january ,,,we're on our way....thats like 4 trillion over 10 years..
The huge portion of the Bush now 0bama tax cuts are to the lower and middle classes - $330 billion per year. The top 2% portion of that is $70 billion. You really want to raise taxes on the lower and middle classes right now - good luck getting elected on that platform. 0bama had added $400 billion per year in discretionary spending in his 2 miserable years. Let's cut the added discretionary spending first. The GAO found between $250 - $300 billion in duplicate programs at the first of the year - why don't we cut that out first before raising taxes. The GAO didn't even look at the entire spending that govt does and found that much in duplicate spending. Let's have them look at the entire ball of wax. I have come up with a minimum of $650 billion right there which will be $6.5 trillion in 10 years. Lets try that before raising taxes. We need less govt - not more.
spread your bulls**t lies somewhere else cus nobodys buying it anymore the proof is plain to see now even ray charles god rest his soul could see who the republican TBers really are for. they already showed thier real hand and jokers can`t beat the american people not now not ever
Obama can end the wars tomorrow. What you are saying is Obama is keeping us in recession.
sounds good.... Why did we spend additional money on lybia again?
The Republicans only control the House. The Dems control the Senate and the Presidency. It's the Dems economy with all due respect sir.
if thats the case then we don`t need any scumbag repub TBers help just move to another country cus we don`t need your kind of help go tear down some other country so we can fix ours ya know the one you broke you scumbag.
Noah.
with all due respect how could we have a budget without the republicans who controls the House? then who's fault is this
You have finaly hit on the Dems faulty thinking Kuche.... Amereicans voted... some very powerful Dems kept their seats... Most did not. The house now is in the hands of the Rebublicans.. If ANY plan goes to the house and is not ratified then it is no deal... The Dems can cry, and moan all they want.... You can blame the Rich, White, Republicans and Bush all you want. If if we don't have the votes...it wont pass its called DEMOCRACY (but we are actualy a Republic), another question is While you controlled both senat, house, and presidency..... What did you spend two years doing.... Thanks for the healthcare 9.2% joblessness
will rogers the goverment saying? i asking i forgot
Ever heard of Thomas Paine? I'm guessing not.
"That govt is best which governs least."
Reagan knew. That is why he said govt is not the solution.
God's system of economy is Capitalism, not Socialism. What works is what is called Trickle Down Economics (a.k.a Reagonomics). That is based on lower taxes for everybody, not just the poor. The Government must shrink to a point where is encompasses only things that are required for the orderly function of society. Then every citizen is free to use their freedom to go as far as their volition will take them. Some will go far. Others not as far. But at least there is freedom.
The problem we have right now is not taxes. They are right where they need to be. The problem is the uncertainty because of the amount of spending and the size of government right now. We need to cut spending to balance the budget and keep taxes right where they are.
God provides prosperity when a majority of citizens submit to the Laws of Divine Establishment, not the Federal Government. The sooner our leaders and citizens recognize that the sooner our country will turn around.
Noah: Not only is your post absurd. It is also absurd.
barry - your screen name tells us all we need to know - there is a good reason why you don't understand economics. You are a liberal.
drop dead assh**e you bible thumpers never cease to amaze me your nothing but hypocrits
Noah,
"God's system of economy is Capitalism, not Socialism"
You don't seem to how the Bible very well
Kuche... You said the Key... Ive read the whole Book and believe in it's Authorship and the Lord Jesus... no one has to agree with that fact but economic policy put forth has not worked... lets try a radical approach... Lower the Capital gains tax to the Lowest on the planet instead of the Highest on the planet.... lets cut the "sacred Cows" of the budget forcing more savings and self reliance than Government Handouts.... let us raise intrest rate p the dollar to 1% which will initially bring inflation but will force banks to lend to people instead of to each other at the current Near0% percent currently. This will also strenthen the dollar World wide which will make worth more against international debt. Nothing is easy , Not even saying that Repubs have all the answers (their are some Smart Dems saying exactly the same things) I like putting forth some solutions not just listing the problems
u respect nothing if you don't realize the house is branch of goverment responsible to initiate the budget which is the biggest thing government does so don't give me it's not the republicans fault nothing works without funding ....they are not bargaining in good faith they want to sink our country the new name for the republicans is fiscal terrorist....nothing moves without the house of reps...know it learn it live it....
The Dems didn't produce budgets for the last 2 years they had control of the house - they kicked the can down the road. The Repubs presented a budget which Dirty Harry refused to bring to the floor for a long time and they failed to pass it along party lines. The Senate also voted down the budget 0bama threw out there in February 97-0. Which plan was the worse plan?? In Nov 2012 the Repubs will control both the House and Senate and likely the WH. You can bet they will pass a budget and the economy will turn around when 0bamacare goes away and we get adults in charge in DC. The Dem House that didn't bother producing a budget had a huge majority but refused to put forth a budget because of the 2010 consequences. Well guess what - to use 0bama's term - you got "shellacked." Get used to it because it will be worse in 2012 .
and you still beleave in the tooth fairy and the easter bunny don`t you whackjob
boy
Have you been up all night drinking and drugging?
never much like people calling others un american but what else doyou call it...sorry what is the intend
noah you know the guy that invented trickle down or supply side econ just got out of prison his name is david stockman and he says that none of the tax cuts to rich or middle class are warranted because they espicially to the rich don't create jobs which he said is the key to recovery....voodoo econ is the preferred plan put forth by the rich...come on dude get the brain engaged ,,,henry paulson levitt and greenspan just stated that there is no data that says tax cut to the rich create jobs and also that their not revenue nuertral meaning they reduce revenue and produce nothing....it's just a lie everyone else knows that except the rich and stupid and im' thinking your not wearing a rolex...ha....
Keynesian economics has never worked. Even FDR's treasury secretary said the same thing in 1939 when he admitted that all they did was spend money and it didn't work and all the country was left with was massive debt. Sound familiar - because it is the same thing 1 Term 0bama has done.
Obama will be reelected in 2012. The republicans are digging their own graves.
he can`t he dosn`t have a brain
Alboy...nice to see all you can do is call people names, make comments you can't support, and 'rant' against anything not 'Obama'. Boy, you fit the perfect progressive-Dem description!
We can't keep spending 140 to 160 dollars for every $100Â in tax revenues. It's not just the federal government,
but state and local as well. Businesses aren't hiring . Why is that? Where did the $800 billion in stimulus go?
Unemployment went up. The Obama administration does not know how to spin money wisely. Why should we give them any more? It should have been given to businesses with the stipulation they hire people.Â
ging you realize this debt almost 15 trill have added up for nearly 60 years only one president in that time has ever put forth a balanced budget bill clinton....a surplus of nearly 500 billion a year that he handed to george bush........3.9 trillion in debt and a total republican house and senate...2001-2006 he started two wars that weren't included in the normal budget and you better not say anything if you were a dem. or label anti america....oh and the prescription drug plan to senior which helped big pharma not the elderly...that's the party of fiscall conservatives thank god huh because imagine how much they would have spend if they weren't, is obama negoiating damn right trillions in cuts that affect his core...imagine if the republicans pissed off the rich and would remove the tax breaks to the rich to the tune of 17 compared to 83 percent cuts ...the man is going against his base that's ball honey...if the repb had any balls they would put american first not the party line....facts facts facts
Gee Ging: Bush did give almost a trillion to business. Remember him standing alongside Paulson (and neither one had socks in their pants) and both of them sobbing that they needed the money before Monday with no strings attached?
Ging. You ought to do the Snail Shell Shuffle. Sounds like you need it.
Clinton didn't send balanced budgets to the Repub Congress - the Repub Congress refused to pass anything but a balanced budget that on the 3rd time Clinton was finally smart enough to sign it. Spending in those days was $2 trillion - not the $3.7 trillion that 1 Term 0bama is throwing out there. So much for cutting the deficit in half by the end of 2012. 0bama has never come close to even proposing it - much less trying to get it passed.
I guess it wouldn't do to point out that TARP has largely been repaid at a profit to the treasury? By all accounts (including Obama) it was a success. If you believe in govt interference in markets.
Paul Ryan introduced a perfectly good budget that the Dems shot down in the name of not balancing the budget on the backs of Seniors. Why? Medicare and Medicaid are bankrupting our country. We have a debt of $14 trillion and a deficit of $1.5 trillion. Entitlement spending has gotten out of hand. You say we can just tax the rich huh? You do realize they are small business owners and job creators. What are they going to do if you tax the crap out of them? I'll tell you. They'll lay people off or take their business overseas.
Some of you people need to learn economics. Jobs are not created by the Federal Government. They are created by the private sector. Barack Obama has brought in numberous legislation in his term that has stiffled job creation. And it isn't going to get better until he is voted out in 2012 and we can undo the Socialist policies that he has installed in our country.
Socialist? Didn't you mean Communist, Fascist, or Black Mooslim? Get your story straight!
Might as well throw in some voodoo and black magic anti-Christ policies as well since you are just making this up as you go along and using words you don't know the definition of, right Noah.
Paul Ryan? Isn't he that----------------aw nevermind.
Ryan is 0bama's worst nightmare because he knows economics and 0bama is light years away from learning anything about Economics 101. Jan 20 2013 is 0bama's last day in office and Ryan will still be in Congress.
black_belt3
It' truly remarkable how you have such a knowledge of the future!
Are you the proverbial "fat gypsy with a crystal ball"? Or do you just pick straws out of your asp?
I believe that it doesent mater who the president is essentialy.... as Long as we vote and hold their feet to the fire then the polices will better reflect OUR views. Some may feel that "The Vote" has no power... But The one thing I have to say Good about Obama is he proved beyond a shadow of a doubt that the American system works... it is not a perfect system but every other country marvels that we have a "peacful" transfer of power every 4 to 8 years and dispite our econmic situation God has kept us as a Nation till this day.
Jack Wobblies-
Do you believe the sun will come up in the east?
That water seeks its own level?
That if you have five dollars, you cannot spend seven?
Good....or maybe, bad- these things are facts.
Obama implemented, with the help of democrats in the House and the Senate, an economic policy that had proven to fail each and every time it was implemented. He seemed to believe that he was such a transformational figure that he could force the sun to rise in the west, water not to seek its own level- and, yes, indeed, he COULD spend seven dollars for every five he had. And the budget would balance itself.
He was wrong.
Truly Asinine!
GOPigs have NOt created ONE SINGLE JOB and blocked EVERY EFFORT to create one!
That's what it is all about! — Gopigs! Where are the JOBS???
err... joe... what about the two years the dems were in control of every thing.... Jobs werent important then bu now they are?..... Pres. Obama was able to push healthcare through... how about a jobs bill...
Flame77
The GOP ran on jobs in 2010 but did this instead:
Flame, this is the comparrison of the GOP vs OBAMA