Re: I thought Obama said ...
It ain't based on their PERSONAL income tax rates for damn sure.
It ain't based on their PERSONAL income tax rates for damn sure.
I thought Obama said
- Thread starter SUtrp96
- Start date
GSU4LIFE
Active Member
Re: I thought Obama said ...
Ok, so when Bush and the rep was running up the credit card it was all good, There were no cuts in spending: unfunded war, unfunded medicare prescr D, unfunded tax cuts(you basically killed a revenue stream). This was after Clinton put us on the positive side, with a higher tax rate. The"job creators" were making plenty of money under clintons high tax rates.
Ok, so when Bush and the rep was running up the credit card it was all good, There were no cuts in spending: unfunded war, unfunded medicare prescr D, unfunded tax cuts(you basically killed a revenue stream). This was after Clinton put us on the positive side, with a higher tax rate. The"job creators" were making plenty of money under clintons high tax rates.
SUtrp96
HBCU SCREAMING CHAMP 99'
Re: I thought Obama said ...
why do some of you continue to do the..."well HE did it first"
I understand having your own ideology but damn... The stuff you are saying is what the politician sit back and "laugh" at us for... Because mission accomplished...
"Those fools down there pointing the finger and saying... well a Repub did it first... or visa versa....they don't knwo who to blame"..
Game set match for them!
:shame:
why do some of you continue to do the..."well HE did it first"
I understand having your own ideology but damn... The stuff you are saying is what the politician sit back and "laugh" at us for... Because mission accomplished...
"Those fools down there pointing the finger and saying... well a Repub did it first... or visa versa....they don't knwo who to blame"..
Game set match for them!
:shame:
GSU4LIFE
Active Member
Re: I thought Obama said ...
You missed the point, but ok. I'm in favor of raising taxes, I'm also in favor of gov. cuts. That includes the military (the Republican will not touch) which is one of the largest areas in the budget.
You missed the point, but ok. I'm in favor of raising taxes, I'm also in favor of gov. cuts. That includes the military (the Republican will not touch) which is one of the largest areas in the budget.
SUtrp96
HBCU SCREAMING CHAMP 99'
Re: I thought Obama said ...
You sound like you just want to give all your money away even if it isn't needed.. That takes a special type of person.
You sound like you just want to give all your money away even if it isn't needed.. That takes a special type of person.
GSU4LIFE
Active Member
Re: I thought Obama said ...
Nah I don't, I just understand it aint just about me. I like having money just like everyone else and I know $250,000 is a nice piece of change. I don't make that but the money I do make is pretty good. I'm able to do a whole lot with it. So yeah people making over $250,000 are not hurting.
Nah I don't, I just understand it aint just about me. I like having money just like everyone else and I know $250,000 is a nice piece of change. I don't make that but the money I do make is pretty good. I'm able to do a whole lot with it. So yeah people making over $250,000 are not hurting.
Makaho 2.0
++ Digital Assassin ++
Re: I thought Obama said ...
And how many business have you started based on that "template" you just talked about. If that were the case there should be a whooooooooole lot more people starting business with someone elses money. But wait a minute dude, you failed to mention that even though they might not put up their OWN money they have this thing called COLLATERAL which is why banks lend people money in the first place. The Poor and Middle Class do now have enough collateral warrant such loans. Come on man, you aint that naive.
And how many business have you started based on that "template" you just talked about. If that were the case there should be a whooooooooole lot more people starting business with someone elses money. But wait a minute dude, you failed to mention that even though they might not put up their OWN money they have this thing called COLLATERAL which is why banks lend people money in the first place. The Poor and Middle Class do now have enough collateral warrant such loans. Come on man, you aint that naive.
Makaho 2.0
++ Digital Assassin ++
Re: I thought Obama said ...
Bruh, for the 30th time in this forum, NO it was not good when Bush was doing it!! In regards to the deficit Obama is Bush on Steroids!!! The Clinton era benefited from the Internet/www boom.
Bruh, for the 30th time in this forum, NO it was not good when Bush was doing it!! In regards to the deficit Obama is Bush on Steroids!!! The Clinton era benefited from the Internet/www boom.
Re: I thought Obama said ...
Mak,
How much are the debt talks political posturing and how much work is being done to get a deal completed?
Mak,
How much are the debt talks political posturing and how much work is being done to get a deal completed?
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GSU4LIFE
Active Member
Re: I thought Obama said ...
Ok but now people are upset; those same people are not willing to solve the problem in a realistic manner. IE taxes and cuts to military and corporate welfare. We already know they want to attack the poor and middle class.
Ok but now people are upset; those same people are not willing to solve the problem in a realistic manner. IE taxes and cuts to military and corporate welfare. We already know they want to attack the poor and middle class.
coldsweat
Drink & Be Merry!
Re: I thought Obama said ...
Why do you say in regards to the deficit that Obama is Bush on steroids?
Most of the deficit can be attributed to unfunded wars, the tax cuts(spending), and TARP, all of which was accumulated during Bush and held over for the next president? Why do you disregard this in your analysis, but yet, you are quick to "half-credit" Clinton since he benefited from the .com boom? In both cases, there was cause an effect. So just like Clinton did indeed benefit from the .com boom, you have to admit that Obama has been deeply affected by the poor policies Bush implemented and didn't figure out how to pay for! Both are victims of the political and economic environment. :nod:
Why do you say in regards to the deficit that Obama is Bush on steroids?
Most of the deficit can be attributed to unfunded wars, the tax cuts(spending), and TARP, all of which was accumulated during Bush and held over for the next president? Why do you disregard this in your analysis, but yet, you are quick to "half-credit" Clinton since he benefited from the .com boom? In both cases, there was cause an effect. So just like Clinton did indeed benefit from the .com boom, you have to admit that Obama has been deeply affected by the poor policies Bush implemented and didn't figure out how to pay for! Both are victims of the political and economic environment. :nod:
J C
Well-Known Member
Re: I thought Obama said ...
Take a look at the U.S. economic growth during the 1950s,1960s, and 1990s when we had higher taxation rates. Demand for goods and services drive the economic engine not tax rates. Y'all been sold an economic theory (supply side) that the historical evidence does not support which has become an ideology among some folks.
Take a look at the U.S. economic growth during the 1950s,1960s, and 1990s when we had higher taxation rates. Demand for goods and services drive the economic engine not tax rates. Y'all been sold an economic theory (supply side) that the historical evidence does not support which has become an ideology among some folks.
PVSAX99
Well-Known Member
Doesn't make much sense trying to convince folks supporting this drivel. How can someone hold the US economy hostage and then talk about what the American people want? They KNOW what they are doing is bad for the economy. They KNOW it. Yet they are using the potential collapse of the economy and us going deeper into a recession to push their pro big business right wing agendas.
"Basically, if you don't let the big business run this nation like they've always done, we will allow this nation to run itself into the ground..."
-Republicans ain't playing no games
"Basically, if you don't let the big business run this nation like they've always done, we will allow this nation to run itself into the ground..."
-Republicans ain't playing no games
Makaho 2.0
++ Digital Assassin ++
Re: I thought Obama said ...
It's pretty much like a special-ed class right now, with half of the kids with down syndrome, the other half with helmets and cruthches and they are trying to play dodgeball and instead of starting the game they are sitting around calling each other retarded.
It's pretty much like a special-ed class right now, with half of the kids with down syndrome, the other half with helmets and cruthches and they are trying to play dodgeball and instead of starting the game they are sitting around calling each other retarded.
CEE DOG
Well-Known Member
Re: I thought Obama said ...
:lmao: Man you gone burn for that one. :lmao: The sad part is I can picture that. :lol:
:lmao: Man you gone burn for that one. :lmao: The sad part is I can picture that. :lol:
Makaho 2.0
++ Digital Assassin ++
Re: I thought Obama said ...
The $600 billion deficit Bush was running plus the $200 billion of TARP money that can’t be repaid (mainly AIG and Fannie Mae and Freddie Mac). That totals $800 billion. That was the real deficit Obama inherited. Then … he added $300 billion in his stimulus package, bringing the deficit to $1.1 trillion. This $300 billion was, of course, totally qualitatively different from the TARP money in that it was spending, not lending. It will never be paid back. Once it was out the door, it was gone. Other spending and falling revenues due to the recession pushed the final numbers for Obama’s 2009 deficit up to $1.6 trillion and we are steadily adding to it. We are currently borrowing $58,000 a second! If that aint steroid injected my friend I don't know what is. But hey all this is still Bush's fault, I mean he is STILL president, right. And you guys still want to say raising the debt ceiling is the answer, by that logic I guess we can cure AIDS by having more unprotected sex with infected partners.
Why do you say in regards to the deficit that Obama is Bush on steroids?
The $600 billion deficit Bush was running plus the $200 billion of TARP money that can’t be repaid (mainly AIG and Fannie Mae and Freddie Mac). That totals $800 billion. That was the real deficit Obama inherited. Then … he added $300 billion in his stimulus package, bringing the deficit to $1.1 trillion. This $300 billion was, of course, totally qualitatively different from the TARP money in that it was spending, not lending. It will never be paid back. Once it was out the door, it was gone. Other spending and falling revenues due to the recession pushed the final numbers for Obama’s 2009 deficit up to $1.6 trillion and we are steadily adding to it. We are currently borrowing $58,000 a second! If that aint steroid injected my friend I don't know what is. But hey all this is still Bush's fault, I mean he is STILL president, right. And you guys still want to say raising the debt ceiling is the answer, by that logic I guess we can cure AIDS by having more unprotected sex with infected partners.
J C
Well-Known Member
Re: I thought Obama said ...
Obama comes across as the only adult in the classroom. The Presidents appears more sensible and the repubs seem to be the retards.
Obama comes across as the only adult in the classroom. The Presidents appears more sensible and the repubs seem to be the retards.
Makaho 2.0
++ Digital Assassin ++
Re: I thought Obama said ...
Collateral is not as big an issue for small startups. If the business has a market and the product is viewed as viable, a small business owner can get an SBA loan (with decent credit). Come on man... we aren't talking about a million dollar investment here for middle class folks.
The other stuff (lines of credit) is available to dang near anyone. A lot of businesses use them mostly for payroll and other short term cash needs, especially when the work they are doing is paid on the tail end of a contract or at set intervals during the course of a contract.
Collateral is not as big an issue for small startups. If the business has a market and the product is viewed as viable, a small business owner can get an SBA loan (with decent credit). Come on man... we aren't talking about a million dollar investment here for middle class folks.
The other stuff (lines of credit) is available to dang near anyone. A lot of businesses use them mostly for payroll and other short term cash needs, especially when the work they are doing is paid on the tail end of a contract or at set intervals during the course of a contract.
J C
Well-Known Member
Re: I thought Obama said ...
No excuses but the Repubs added a new caveat to the Senate rules after the 2008 elections. The requirement of having 60 votes instead of 51 to move any legislation out of the Senate is a tall order. This requirement had not existed before the election of Barack Obama.
No excuses but the Repubs added a new caveat to the Senate rules after the 2008 elections. The requirement of having 60 votes instead of 51 to move any legislation out of the Senate is a tall order. This requirement had not existed before the election of Barack Obama.
Re: I thought Obama said ...
You may be missing the point, If they don't raise the debt ceiling then it would cause a major collapse of gov't so the motive is to raise it so that they a major fallout doesn't occur and it will allow the gov't time to collect monies to rectify the situation--it is a good move AND (NO PUN INTENDED) WE ARE NOT IN A RECESSION--but we will be in a recession if they don't raise the debt ceiling :nod:!
But we should be convinced to raise taxes?!?! Especially during "this" time? If this don't show you "Democrats" don't really care for the people they SAY they care for, I don't know what will..
(Oh yeah... I ain't a republican!)
You may be missing the point, If they don't raise the debt ceiling then it would cause a major collapse of gov't so the motive is to raise it so that they a major fallout doesn't occur and it will allow the gov't time to collect monies to rectify the situation--it is a good move AND (NO PUN INTENDED) WE ARE NOT IN A RECESSION--but we will be in a recession if they don't raise the debt ceiling :nod:!