Something the Dog Said wrote: So Viking, you are now on record as supporting increasing the deficit to "stimulate" the economy? So why is it that companies are currently sitting on huge cash reserves while being on the record that they will not increase hiring until they see the middle class increasing their consumer spending. Does it not make more sense to concentrate getting money directly into the hands of the middle class to stimulate the economy, as the Democrats were trying, or to create even larger deficits to reward the wealthy who, according to leading economists, will do nothing to stimulate the economy, as the Republicans insist?
Doesn't this compromise do exactly that? Firms up the tax code for 2011 and 2012, gives more take home money to SS payers, and permits small businesses to have more money to hire employees.
Thomas Sowell: There are no solutions, just trade-offs.
And increases the deficit by $900 billion over two years and also extending $140 billion to the wealthy who will not stimulate the economy, and also lowering the estate tax on estates greater than $5 million which also does nothing to stimulate the economy. Until yesterday, many of the Republicans here were moaning over the deficit and how terrible it was to the country.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown
Sounds like the Leftists here are quite upset over the Obama compromise. Think the Dems in Congress will go Gingrich and refuse to submit to this new deal?
Could Pelosi & Reid become the leaders of the new Party of No?
Will it be the bleeding heart Dems who deny Christmas to the unemployed?
Putting their political ideals over people's lives. World upside down?
Thomas Sowell: There are no solutions, just trade-offs.
archer wrote: It isn't surprising to me that the Republicans complain about the deficit out of one side of their mouth, then urge raising the deficit out of the other. Bunch of self serving idiots, from the ones in congress to the ones who believe whatever they tell them to believe, hook, line and sinker. unfortunately, the sinker is going to be this country's economy.
rofllol :rofl Pot and HUGE Kettle!!! You guys complained about the deficit under Bush even when he was creating jobs every month. Under Obama, Pelosi and Reid, you had no problem with the Deficit tripling over what it did under Bush with no jobs created and unemployment going through the roof. Now that the Republicans are trying to create jobs again, you are no back on the deficit being an issue. TOO FRICKEN HILARIOUS!!! :rofl rofllol
Something the Dog Said wrote: So Viking, you are now on record as supporting increasing the deficit to "stimulate" the economy? So why is it that companies are currently sitting on huge cash reserves while being on the record that they will not increase hiring until they see the middle class increasing their consumer spending. Does it not make more sense to concentrate getting money directly into the hands of the middle class to stimulate the economy, as the Democrats were trying, or to create even larger deficits to reward the wealthy who, according to leading economists, will do nothing to stimulate the economy, as the Republicans insist?
WRONG!!!! This will not increase the deficit at all!!! Tax dollars in Americans pockets create revenue to our nation 3 fold. So you watch the deficit slow down or reverse now that obama stopped following Pelosi and the Dems. If we can only get rid of the joke of a health care bill, we might save our economy.
Something the Dog Said wrote: And increases the deficit by $900 billion over two years and also extending $140 billion to the wealthy who will not stimulate the economy, and also lowering the estate tax on estates greater than $5 million which also does nothing to stimulate the economy. Until yesterday, many of the Republicans here were moaning over the deficit and how terrible it was to the country.
And you guys keep saying that it INCREASES the Deficit. HOW? Nothing was changed? What is increased from this year? What revenue is cut next year that we had this year? NONE! It isn't like there are any taxes cut in this bill, other than what Obama threw in on the SS cuts. He is the only one who CUT taxes in this bill. The Republicans just kept everything the same, and even increases the Death tax by 35%.
X = the amount of revenue brought in from taxes in 2010
Y = the amount of revenue to be brought in from taxes in 2011
X = Y (THERE IS NO CHANGE) so there is no way that all of the sudden Y in 2011 which is the exact same as X in 2010 = a $900 billion dollar increase in the deficit!! That is a left talking point.
I thought the republicans wanted to cut spending and reduce the deficit, not leave it the same and allow the deficit to continue to rise. Guess they lied to the American people once again