Disgusted with obama administration - Part II

• isadore

  gut;1334222 wrote:If the unemployment benefits aren't extended there's going to be a lot of Obama voters wondering WTF happened to Santa.

  but the good new is, we will be able to once the President raises your taxes
• gut

  isadore;1334383 wrote:but the good new is, we will be able to once the President raises your taxes

  Ummm, no. Obama does not pass spending bills. LMAO, you just proved to me how shocked and surprised the kool-aid drinkers will be come January.
• believer

  

  QuakerOats;1334210 wrote:Hilarious. I suppose if it saves one life we shouldn't drive cars.
  
  
  You have truly drank the k-aid

  Big Gubmint is a good thing for the Beltway Boyz. Screw everyone else....even though everyone else pays the bills.
• isadore

  gut;1334390 wrote:Ummm, no. Obama does not pass spending bills. LMAO, you just proved to me how shocked and surprised the kool-aid drinkers will be come January.

  gosh a ruddies you had better start setting aside the money for the new taxes the President will push through Congress.
• jmog

  QuakerOats;1334208 wrote:REPORT: Obama wants stimulus spending to offset 'drag on economy from Obama's proposed tax increases'...
  
  'Classic bait and switch'...

  So the President admits that raising taxes on the rich will hurt the economy, and to avoid this his answer is to have another "stimulus" and extend UE benefits.
  
  Yeah, he's just not another "tax and spend" liberal. And anyone who wants to say he does not have socialist beliefs now is just crazy. Tax the rich even though I know it will hurt the economy just to further extend (IT'S ALREADY AT ALMOST 2 YEARS!!) unemployment benefits.
• BoatShoes

  jmog;1334653 wrote:So the President admits that raising taxes on the rich will hurt the economy, and to avoid this his answer is to have another "stimulus" and extend UE benefits.
  
  Yeah, he's just not another "tax and spend" liberal. And anyone who wants to say he does not have socialist beliefs now is just crazy. Tax the rich even though I know it will hurt the economy just to further extend (IT'S ALREADY AT ALMOST 2 YEARS!!) unemployment benefits.

  1. There is nothing in here that is indicative of "socialism." There really seems to be a large failure to understand what socialism actually is.
  
  2. As a general rule raising taxes on anyone in a depressed economy will be contractionary just like spending cuts. We shouldn't really be worried about the deficit at all right now but alas. But, since we are worried about the deficit The CBO and the CRS have done research that shows that allowing taxes to rise on the rich will be less contractionary than tax rises on other incomes because it won't have a material effect on their consumption. Additionally, unemployment benefits and a payroll tax cut extension, etc. have much more stimulative effect than allowing the rich to keep a lower marginal rate. In fact the research suggested that there wouldn't be any drag on the economy...which I found surprising. So, if Obama didn't offset the rise...the harm wouldn't be that bad but it'd still probably be there and it just makes more sense to off-set it with more effective stimulus like extending unemployment benefits. Much more bang for the buck as far as deficit reduction and stimulus.
  
  But...I take it you're one of these guys who imagines that if we just eliminated unemployment insurance suddenly everyone would get a job because people are just lazy p00rz livin the dream on the gubmint dole :rolleyes:
• James Gatz

  QuakerOats;1328500 wrote:Thanks Jim, not to worry, I don't make babies I cannot afford to take care of, thereby placing undue burden on you and others. In fact, I am subsidizing others who do partake in such activity because liberals like the ones on here advocate the confiscation of a large portion of my productive labor in order to promote such behavior. I think it is part of obama's fundamental transformation of AmeriKa -- isn't it great?

  Pathetic. Should have known you would welch on your bet.
• fish82

  

  James Gatz;1335327 wrote:Pathetic. Should have known you would welch on your bet.

  Yes, you should have. Hence, how long will you continue to talk about it?
• QuakerOats

  http://www.reuters.com/article/2012/12/03/us-usa-tax-irs-idUSBRE8B21HA20121203
  
  IRS unleashed under obamaKare ......... and so it starts.
  
  
  When economies are crushed, dictators rise up.
• isadore

  QuakerOats;1335837 wrote:http://www.reuters.com/article/2012/12/03/us-usa-tax-irs-idUSBRE8B21HA20121203
  
  IRS unleashed under obamaKare ......... and so it starts.
  
  
  When economies are crushed, dictators rise up.

  gosh a ruddies and that is the one hope for you, grover nordquist, ruler for life.
• Manhattan Buckeye

  "We shouldn't really be worried about the deficit at all right now but alas."
  
  Thank you Paul Krugman, who vilified the W administration for their deficits for 8 years, but now that we're up to US$16.3T and are scheduled to hit US$17.2T by the end of 1st Q '13 all of a sudden our debt to China doesn't matter. Did people fall off the stupid tree and hit every branch on the way down in the last few years?
  
  We don't need handouts, we need jobs, which this administration has proved itself incapable of providing. It is utter incompetence.
• fish82

  

  Krugman is the worst.
• QuakerOats

  [h=3]Department of Natural Resources Secretary: EPA Ideas Are "Crippling" To Wisconsin Economy.[/h]The Wisconsin Radio Network (12/4, Moon) reports, "The head of Wisconsin's Department of Natural Resources says there are environmental ideas floating around the federal government that would be 'crippling' to the state economy. While speaking to the Dairy Business Association, DNR Secretary Cathy Stepp said she's been building alliances to counter the 'alarming' excessive environmental proposals by the Environmental Protection Agency. This includes strengthening relationships with Wisconsin's Congressional delegation and partnering with nearby states, an approach she said led to a successful wolf-delisting." Stepp's "comments last week coincided with the state's largest business group releasing a study of the harmful impact on current 'burdensome' EPA regulations. 'If we don't return to a more sensible regulatory process, then manufacturers in Wisconsin will face even higher energy prices, skyrocketing compliance costs, less investment opportunities and significantly fewer jobs,' said President and CEO Jay Timmons of National Association of Manufacturers which touted the study with Wisconsin Manufacturers and Commerce."
  
  
  
  Destroy capitalism through government (EPA) fiat.
  
  
  Change we can believe in.....
• James Gatz

  fish82;1335330 wrote:Yes, you should have. Hence, how long will you continue to talk about it?

  I absolutely love your gimmick.
• BoatShoes

  Manhattan Buckeye;1336048 wrote:"We shouldn't really be worried about the deficit at all right now but alas."
  
  Thank you Paul Krugman, who vilified the W administration for their deficits for 8 years, but now that we're up to US$16.3T and are scheduled to hit US$17.2T by the end of 1st Q '13 all of a sudden our debt to China doesn't matter.

  It is understandable why people don't like Paul Krugman because he's very condescending and he and other keynesians are really only standing on the shoulders of giants when it comes to what he says about debt/deficits but the evidence shows that interest rates being at the zero lower bound makes a difference. Joe Stiglitz is a nice guy unlike Krugman but he's been just as right.
  
  When you cut spending or raise taxes it takes money out of people's pockets and contracts the economy but the fed can off-set that contraction by lowering interest rates under normal conditions. The federal reserve doesn't have the ammo to properly off-set spending cuts or tax raises done to try to close the deficit when they can't lower interest rates and hence the deficit-reduction project fails when less people are working and the economy shrinks and debt problems continue.
• fish82

  

  James Gatz;1336302 wrote:I absolutely love your gimmick.

  Likewise...your new screen name is cool too.
• QuakerOats

  Manhattan Buckeye;1336048 wrote:"We shouldn't really be worried about the deficit at all right now but alas."
  
  Thank you Paul Krugman, who vilified the W administration for their deficits for 8 years, but now that we're up to US$16.3T and are scheduled to hit US$17.2T by the end of 1st Q '13 all of a sudden our debt to China doesn't matter. Did people fall off the stupid tree and hit every branch on the way down in the last few years?
  
  We don't need handouts, we need jobs, which this administration has proved itself incapable of providing. It is utter incompetence.

  
  He epitomizes the radical left >> that place where down is up, black is white, spending is saving, all depending on whether you're a liberal or not.
  
  
  And a newspaper pays him a salary because sheeple soak it up...........says a lot about us.
• gut

  Too busy to be bothered with working out the fiscal cliff, the community agitator dives into Michigan's "right to work" dispute:
  
  http://firstread.nbcnews.com/_news/2012/12/10/15823869-obama-decries-right-to-work-proposal-during-trip-to-michigan?lite
  "What they're really talking about is giving you the right to work for less money."
• HitsRus

  

  ^^^^The Great Divider is at it again, and this is the exact reason this thread is so aptly named.
• isadore

  good news guys
  on January 20,2013 Barack Obama, our first African American President, will be sworn in for his second four year term as President of the United States of America
• jhay78

  

  Are we allowed to use the word Communist when talking about this adminstration? Because Obama's buddy Jeffrey Immelt did in a warm-fuzzy kind of way:
  
  http://www.weeklystandard.com/blogs/immelt-communist-china-works_665280.html
  

  "China is changing," said CBS host Charlie Rose. "It may be being stabilized as we speak. What does that mean for China and what does it mean for the United States? Should it change expectations?"
  
  "It is good for China," said Immelt. "To a certain extent, Charlie, 11 percent is unsustainable. You end up getting too much stimulus or a misallocation of resources. They are much better off working on a more consumer-based economy, less dependent on exports. The one thing that actually works, state run communism a bit– may not be your cup of tea, but their government works."

• QuakerOats

  ELECTION OVER, ADMINISTRATION UNLEASHES NEW RULES... CA BLUE SHIELD SEEKS 20% RATE HIKE... AETNA CEO Sees Health Law Doubling Some Premiums... [HR][/HR]

• QuakerOats

  Government meddling/intrustion/FORCE always distort markets and have tremendously negative impacts ---- ALWAYS.
  
  
  
  Change we can believe in ...
• majorspark

  

  isadore;1340741 wrote:good news guys
  on January 20,2013 Barack Obama, our first African American President, will be sworn in for his second four year term as President of the United States of America

  Hopefully they have learned to clean up after themselves this time.
  
  
• gut

  Our first African American President will be the first to take the oath of office by swearing on a bible once owned by Martin Luther King, Jr.
  
  /rip Isadore