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Old 08-05-2011, 08:42 PM
 
6,940 posts, read 9,682,796 times
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If you expect the deficit to shrink merely on spending cuts, you will have to get rid of all entitlements. Voters are not going to have that. What we need are tax increases. This country needs revenue!!!!! Stop listening to these economists who are on the Koch Brothers pay rolls. These think tanks are funded by corporate interest.
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Old 08-05-2011, 08:44 PM
 
2,154 posts, read 4,427,034 times
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Uh, hate to tell you, but if you raise taxes, this economy will be worse because people will stop spending and companies will cut back more workers. What needs to happen is this country needs to quit giving our money to foreign countries, illegal immigrants and reform welfare and the tax code
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Old 08-05-2011, 08:46 PM
 
6,940 posts, read 9,682,796 times
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Quote:
Originally Posted by NEOhioBound View Post
Uh, hate to tell you, but if you raise taxes, this economy will be worse because people will stop spending and companies will cut back more workers. What needs to happen is this country needs to quit giving our money to foreign countries, illegal immigrants and reform welfare and the tax code
Where are the jobs??????

Give me abreak. That theory got debunked long ago.
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Old 08-05-2011, 08:49 PM
 
69,368 posts, read 64,128,317 times
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Quote:
Originally Posted by knowledgeiskey View Post
If you expect the deficit to shrink merely on spending cuts, you will have to get rid of all entitlements. Voters are not going to have that. What we need are tax increases. This country needs revenue!!!!! Stop listening to these economists who are on the Koch Brothers pay rolls. These think tanks are funded by corporate interest.
Tax increases do NOT increase revenues. Where on gods earth did you get your education from? Ask for a refund. The ONLY thing that grows revenues is a GDP increase and broadening the tax base.

Do you now support tax increases on the middle class and those in poverty?

As for your "spending cuts" comments, there have been NO cuts. Do you even know this? Continue on with your hate thread though, blaming everyone else for lefties not knowing basic economics.
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Old 08-05-2011, 08:51 PM
 
69,368 posts, read 64,128,317 times
Reputation: 9383
Quote:
Originally Posted by knowledgeiskey View Post
Where are the jobs??????

Give me abreak. That theory got debunked long ago.
On the contrary, the theory hasnt been debunked at all. Revenues to the federal government have been relatively the same as a percentage of GDP over the last SEVENTY years, even when the tax code called for 70%+ taxes.
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Old 08-05-2011, 08:53 PM
 
Location: Unperson Everyman Land
38,644 posts, read 26,389,506 times
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Quote:
Originally Posted by knowledgeiskey View Post
If you expect the deficit to shrink merely on spending cuts, you will have to get rid of all entitlements. Voters are not going to have that. What we need are tax increases. This country needs revenue!!!!! Stop listening to these economists who are on the Koch Brothers pay rolls. These think tanks are funded by corporate interest.


Cuts?

What cuts?

Do you mean reductions in projected growth that still increase actual spending over time?
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Old 08-05-2011, 08:58 PM
 
2,154 posts, read 4,427,034 times
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Originally Posted by knowledgeiskey View Post
Where are the jobs??????

Give me abreak. That theory got debunked long ago.

There are NO jobs because the GOVT keeps over taxing and over regulating the people who create the jobs
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Old 08-05-2011, 09:05 PM
 
30,065 posts, read 18,674,911 times
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Quote:
Originally Posted by knowledgeiskey View Post
If you expect the deficit to shrink merely on spending cuts, you will have to get rid of all entitlements. Voters are not going to have that. What we need are tax increases. This country needs revenue!!!!! Stop listening to these economists who are on the Koch Brothers pay rolls. These think tanks are funded by corporate interest.

Did you ever pause for a moment and ask,

1. "If Obama's policies of increased regulations, increased federal spending, and increased taxes were so successful, why is the economy still in the tank?'

2. "Why was Reagan able to reverse a worse economic situation in the same time frame?'

3. "If we have a revenue problem, and not a spending problem, why have federal expenditures increased so dramatically in the last four years, creating the huge deficits?"


Liberals have lost thier ability to reason and simply assume the answer to every problem is to throw more money at it. Unfortunately, rational examination has shown that this approach has met with failure over the last 50 years. Also, the failures of Greece, Italy, Spain, and Portugal may portend the future of the US if current policy prevails. However, those considerations are for rational people, and not liberals.........................
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Old 08-05-2011, 09:06 PM
 
1,535 posts, read 1,634,451 times
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Proctor and Gamble said today that during the 1920's people still bought the basic's during the depression, today with 48.5 million people on food stamps and the economy like it is, people are cutting back on soap, deordants, and the basics. Does this give you a clue of how bad it is getting, if taxes are raised then there will be more people on food stamps. If you think about it, during the depression you could visually see the people standing in the soup lines for food, today if it was not for the foodstamp cards then the lines of people would be greater than the 1930's depression.
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Old 08-05-2011, 09:16 PM
 
487 posts, read 382,950 times
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Quote:
Originally Posted by hawkeye2009 View Post
Did you ever pause for a moment and ask,

1. "If Obama's policies of increased regulations, increased federal spending, and increased taxes were so successful, why is the economy still in the tank?'

2. "Why was Reagan able to reverse a worse economic situation in the same time frame?'

3. "If we have a revenue problem, and not a spending problem, why have federal expenditures increased so dramatically in the last four years, creating the huge deficits?"


Liberals have lost thier ability to reason and simply assume the answer to every problem is to throw more money at it. Unfortunately, rational examination has shown that this approach has met with failure over the last 50 years. Also, the failures of Greece, Italy, Spain, and Portugal may portend the future of the US if current policy prevails. However, those considerations are for rational people, and not liberals.........................
Well said. Any liberals want to take a shot at this? You brought up some good points.
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