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Old 03-01-2013, 07:41 AM
 
30,058 posts, read 18,652,475 times
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The Obama administration continues to deliver............................economic misery to the US. The policies of high taxes, increased regulations, no use of federal lands for energy exploration, and the burden of Obamacare continues to erode the standard of living and wages in America. Dems and the libs OWN this economy, as thier policies have done nothing but perpetuate poor economic activity.

Consumer Spending in U.S. Climbs Even as Taxes Hurt Incomes - Bloomberg
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Old 03-01-2013, 07:48 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,327 posts, read 54,350,985 times
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So it must also be Obama's fault so many corporations have had record profits and been sitting on record amounts of ca$h too, eh? What are you whining about? You righties worship corporations while looking down on the average working guy.
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Old 03-01-2013, 08:00 AM
 
Location: Montgomery Village
4,112 posts, read 4,472,864 times
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Old 03-01-2013, 08:05 AM
 
Location: Dallas
31,290 posts, read 20,728,778 times
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Quote:
Originally Posted by hawkeye2009 View Post
The Obama administration continues to deliver............................economic misery to the US. The policies of high taxes, increased regulations, no use of federal lands for energy exploration, and the burden of Obamacare continues to erode the standard of living and wages in America. Dems and the libs OWN this economy, as thier policies have done nothing but perpetuate poor economic activity.

Consumer Spending in U.S. Climbs Even as Taxes Hurt Incomes - Bloomberg
And record setting unemployment! He has had 8% or higher unemployment for more months than every other President combined.
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Old 03-01-2013, 08:13 AM
 
22,768 posts, read 30,719,635 times
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Quote:
Originally Posted by hawkeye2009 View Post
The Obama administration continues to deliver............................economic misery to the US. The policies of high taxes, increased regulations, no use of federal lands for energy exploration, and the burden of Obamacare continues to erode the standard of living and wages in America. Dems and the libs OWN this economy, as thier policies have done nothing but perpetuate poor economic activity.

Consumer Spending in U.S. Climbs Even as Taxes Hurt Incomes - Bloomberg
Dear Partisan Hack:

The article points to the increase in the payroll tax as the cause.

Guess who wanted to keep the payroll tax low ?

Guess who wanted to raise the payroll tax ?
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Old 03-01-2013, 08:14 AM
 
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Old 03-01-2013, 08:17 AM
 
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Okay, wan't the payroll tax suspension (and turn it back on). . .for social security and medicare? I.e. if you want to kill the programs KILL them and be upfront on it. Don't pretend its a raise or lower taxes. That is total BS.

The ironic thing is the protest of putting back taxes that right now do NOTHING but sink Social Security and medicare. I'm tired of this (lower the taxes and keep spending BS)

Republicans want to lower taxes, but if its a sacred cow they still won't cut its throat. I call them as BS
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Old 03-01-2013, 08:19 AM
 
22,768 posts, read 30,719,635 times
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Originally Posted by ChrisFromChicago View Post
Okay, wan't the payroll tax suspension (and turn it back on). . .for social security and medicare?
no. that is a common myth. social security, for example, is currently funded by payroll taxes, but will be funded whether the payroll tax exists or not.

we didn't need a tax to fund the Iraq war, we didn't need a tax to fund the bailouts, and we don't need a tax to facilitate the social security and medicare programs.

We simply CHOOSE to prioritize bailouts and war over social security by allowing the first two to run deficits, while expecting SS to be paid for by workers' taxes.

The only way you'll ever convince me that SS/Medicare must be funded by taxes, is when we completely re-write banking law and force banks start having to loan out their own money instead of borrowing from the Fed. ONLY when such a strong-dollar policy is put into place in the private-sector banking system will the public-sector be able to fund itself through taxes.

The funding for a housing bubble or a stock bubble comes from the same place as the funding for deficits: The use of national credit, backed by the labor and assets of the american people.

Last edited by le roi; 03-01-2013 at 08:29 AM..
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Old 03-01-2013, 08:20 AM
 
Location: Long Island, NY
19,792 posts, read 13,941,962 times
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In addition, many corporations gave out their bonuses and dividends in December so as to avoid higher taxes on those that would be effected by the upper income tax increases.

Quote:
Monthly income was unusually high in December because companies paid out early dividends to avoid upcoming tax hikes. Companies like Wal-Mart (WMT, Fortune 500), Oracle (ORCL, Fortune 500), and Costco (COST, Fortune 500) paid special dividends to their shareholders at the end of 2012, instead of waiting until 2013.
Americans see biggest one-month decline in income in 20 years - Mar. 1, 2013
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Old 03-01-2013, 08:23 AM
 
79,913 posts, read 44,167,332 times
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Originally Posted by burdell View Post
So it must also be Obama's fault so many corporations have had record profits and been sitting on record amounts of ca$h too, eh? What are you whining about? You righties worship corporations while looking down on the average working guy.
Yes it is. His policies have taken cash out of main street and put it into Wall Street. Does he not have the exact same Fed Chairman as Bush? Geithner and Lew are both Wall Street's hand picked guys.

Now when I say that someone is going to jump all over me for thinking I'm saying Romney would have been better. Romney would have been the same.

Stop voting for the two main parties. Neither cares one bit about you.
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