The Party That Can’t Say Yes

Yes, they'll never accept or understand that we can't cut our way to prosperity...And they're willing to throw their own mothers under the bus...

My contempt for the sociopaths, however, remains unchanged.

archer wrote: To be fair LJ, I don't think the conservatives have much of a choice....they have been indoctrinated for decades to believe that SS is a ponzi scheme and welfare, medicare, and unemployment insurance are just there for the lazy and the deadbeats......they believe it to their very core and no amount of education, logic, or reason will change those long held mistaken beliefs, even if they know, deep down, that they have been sold a bill of goods by their leaders. We do have a spending problem, and the easiest places to cut are those services to the very people who don't hold the power and influence in this country, the middle class, the elderly and the poor. They don't dare touch the wealthy, the corporations, or those perks that keep the powerful in power, and in turn support the conservative agenda.

Thank you for such a precise compilation of what passes for thought on the left. ***

Something the Dog Said wrote: Or the Republicans are just obeying their Wall Street masters:

Credit-default swaps traders seeking to profit from concern that the U.S. will default as lawmakers clash over the debt ceiling are betting a missed payment may trigger a payout of about 22 times the cost of the contracts.

While the derivatives are signaling a less than 1-in-20 chance of default within five years, banks, hedge funds and money managers are using the insurance-like contracts to bet that failure by President Barack Obama and congressional leaders to reach a budget agreement may lead to profits of as much as 13 percentage points at a cost of about 0.6 percentage point for the next year.

Read more: http://www.sfgate.com/cgi-bin/article.c ... z1Sxxsed9w

Wall Street made more in the 2.5 years of Obama than the 8 years of Bush.
And they donated more to Obama than to McCain. Who's your daddy?

Maybe the Dems need to sweeten the deal?

archer wrote: To be fair LJ, I don't think the conservatives have much of a choice....they have been indoctrinated for decades to believe that SS is a ponzi scheme and welfare, medicare, and unemployment insurance are just there for the lazy and the deadbeats......they believe it to their very core and no amount of education, logic, or reason will change those long held mistaken beliefs, even if they know, deep down, that they have been sold a bill of goods by their leaders. We do have a spending problem, and the easiest places to cut are those services to the very people who don't hold the power and influence in this country, the middle class, the elderly and the poor. They don't dare touch the wealthy, the corporations, or those perks that keep the powerful in power, and in turn support the conservative agenda.

While entitlement increases have been huge, spending increases everywhere in goverment have been equally high, doubling spending in the last 10 years under both parties. Guns or butter used to be the question, but now everyone has their hand out, including taxpayers!
50% of people not paying any income taxes? And both Dem and Republicans keep increasing spending. Infrastructure! Spend like madmen. Military spending, spend like crazy, we need to be safe. Entitlement spending? Increased under those heartless Republicans to the point that 1 in 20 US adults are on SS disability. They even have commercials where lawyers advertize how they can get you put on disability.

Look what Greece & Italy are going through, imagine what happens to the US when we have to start paying 10% on our loans. It could quickly spiral that 50% of taxes would be spent not cutting debt, but just keeping us out of default.

But don't worry, be happy, increased taxes will solve all this.

Yes... They even have commercials, over and over, from Northrop-Grumman about how their multi-billion$ weapons systems are "keeping us safe."

That "50% of people not paying any income taxes" is getting tiresome... You need some new material. Particularly when the top .02% of the public owns 42% of the wealth.

And your source for: "1 in 20 US adults are on SS disability"...?

And, yes... Increasing taxes a measly 3.6% on the 345,000 Millionaires/Billionaires WILL help reduce the cost of providing a modest middle-class tax-cut. But then you guys only support tax-cuts when it's for the Millionaires/Billionaires ... Oh, sorry...the "job-creators"...

Tax Policy Center: 47 percent of U.S. households will pay no federal income tax this year. In a June 29, 2009, report, the Tax Policy Center (TPC) stated that "[e]arlier this year, [President] Obama signed into law the American Recovery and Reinvestment Tax Act of 2009 (P.L. 111-5), which, among other things, temporarily put into place some of the refundable credits proposed during the campaign. TPC estimates that under the new law, 47 percent of tax units will owe no income tax in 2009." The Associated Press cited that statistic in an April 7 article, noting that "their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability."

AP: "[V]ast majority of people who escape federal income taxes still pay other taxes." The AP further wrote that "[t]he vast majority of people who escape federal income taxes still pay other taxes, including federal payroll taxes that fund Social Security and Medicare, and excise taxes on gasoline, aviation, alcohol and cigarettes. Many also pay state or local taxes on sales, income and property."

http://www.taxpolicycenter.org/

LadyJazzer wrote: Yes... They even have commercials, over and over, from Northrop-Grumman about how their multi-billion$ weapons systems are "keeping us safe."

That "50% of people not paying any income taxes" is getting tiresome... You need some new material. Particularly when the top .02% of the public owns 42% of the wealth.

And your source for: "1 in 20 US adults are on SS disability"...?

And, yes... Increasing taxes a measly 3.6% on the 345,000 Millionaires/Billionaires WILL help reduce the cost of providing a modest middle-class tax-cut. But then you guys only support tax-cuts when it's for the Millionaires/Billionaires ... Oh, sorry...the "job-creators"...

Tax Policy Center: 47 percent of U.S. households will pay no federal income tax this year. In a June 29, 2009, report, the Tax Policy Center (TPC) stated that "[e]arlier this year, [President] Obama signed into law the American Recovery and Reinvestment Tax Act of 2009 (P.L. 111-5), which, among other things, temporarily put into place some of the refundable credits proposed during the campaign. TPC estimates that under the new law, 47 percent of tax units will owe no income tax in 2009." The Associated Press cited that statistic in an April 7 article, noting that "their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability."

AP: "[V]ast majority of people who escape federal income taxes still pay other taxes." The AP further wrote that "[t]he vast majority of people who escape federal income taxes still pay other taxes, including federal payroll taxes that fund Social Security and Medicare, and excise taxes on gasoline, aviation, alcohol and cigarettes. Many also pay state or local taxes on sales, income and property."

http://www.taxpolicycenter.org/

Ever think of running for office?

Ever think of telling truth instead of regurgitating the p*sswater that Hannity keeps throwing out there for you Kool-Aid drinkers to suck up?

(Still waiting for a source for that statement that 5% of all adults are on SSI... You guys let me know when you come up with it...)

Oklahoma Senator Tom Coburn is the source of the Social Security Disability numbers.

And I am not against increasing taxes on the 1%'s but decreasing spending is more important.

Right now the US is taking on debt at a very low rate, less than 1%, mainly because Euros and Asians are sending their money to us for safekeeping, but once Europe gets fixed, they will start selling it off.
Last week, even Germany was unable to sell 1/2 of their new debt issues and they have a robust economy. Imagine when that happens to us. Congress wants to spend but no one wants to buy our debt?

FredHayek wrote: Oklahoma Senator Tom Coburn is the source of the Social Security Disability numbers.

Wow... That's almost as impressive as someone like John Kyl, "Not Intended to be Factual Statement"... I'm sure we can all take that to the bank...as it were...

So, obviously, the crap about "50% 'not paying taxes'" has been debunked... The part about the "1% not being able to afford a 3.6% bump" has been debunked... and NOBODY is going to believe that 5% of the US adult population is on SSI. And you're left with nothing but blind dogma about the fact that we CAN NOT cut our way to prosperity.

Thanks... Three out of four ain't bad.... rofllol

LadyJazzer wrote:

FredHayek wrote: Oklahoma Senator Tom Coburn is the source of the Social Security Disability numbers.

Wow... That's almost as impressive as someone like John Kyl, "Not Intended to be Factual Statement"... I'm sure we can all take that to the bank...as it were...

So, obviously, the crap about "50% 'not paying taxes'" has been debunked... The part about the "1% not being able to afford a 3.6% bump" has been debunked... and NOBODY is going to believe that 5% of the US adult population is on SSI. And you're left with nothing but blind dogma about the fact that we CAN NOT cut our way to prosperity.

Thanks... Three out of four ain't bad.... rofllol

Is this what you are looking for?

The root causes of future insolvency in the DI program are similar to those facing the retirement program. For example, the number of DI beneficiaries supported by 100 covered workers is increasing rapidly. In 1970, there were fewer than 3 beneficiaries per 100 covered workers; in 2004 there were 4.8. By 2030 the dependency ratio is projected to be 6.8 beneficiaries per 100 workers who are paying into Social Security, more than a 40 percent increase from the 2004 level. The same is true in the retirement program, though at even higher rates of dependency.

http://www.ssa.gov/policy/docs/chartbooks/disability_trends/sect06.html



And the correct statement is that nearly 50% of income earners do not pay federal income tax.