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Old 09-27-2010, 08:49 AM
 
10,854 posts, read 9,298,870 times
Reputation: 3122

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Quote:
Originally Posted by workingclasshero View Post
hmmm

why not repeal the freetrade agreements.....

why not increase import tarrifs.......

why not lower/eliminate the corporate taxes

instead dumbocrats want to give to whom??????......


this is more typical garbage out of DC....lots of word, that will accomplish nothing....it wont realy prevent jobs from leaving..and it will do nothing to bring back the 40 million jobs that have left since 1993 to present
The repealing of free trade agreements and the raising of import tariffs would be far more detrimental to the economy of the United States. In fact the raising of tariffs helped deepened the Great Depression of 1929.

Remember we are a net importer of goods and services and the American consumer has become addicted to the low prices of foreign made goods. The United States is no longer in a position to dictate to other countries what international economic policy is going to be. We can just suggest and try to build consensus.

Also most companies use deductions and other write off is substantially lower their income buders. Judging the profits many American companies are making taxation is not limiting their efforts to compete.
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Old 09-27-2010, 09:07 AM
 
Location: Texas
14,076 posts, read 20,523,376 times
Reputation: 7807
Quote:
Originally Posted by JazzyTallGuy View Post
The repealing of free trade agreements and the raising of import tariffs would be far more detrimental to the economy of the United States. In fact the raising of tariffs helped deepened the Great Depression of 1929.

Remember we are a net importer of goods and services and the American consumer has become addicted to the low prices of foreign made goods. The United States is no longer in a position to dictate to other countries what international economic policy is going to be. We can just suggest and try to build consensus.

Also most companies use deductions and other write off is substantially lower their income buders. Judging the profits many American companies are making taxation is not limiting their efforts to compete.

We're a net importer of goods and services because those jobs have gone overseas in search of the cheapest labor possible. Consequently, our people here have seen a reduction in their income, which drives the demand for lower prices. It's a self-perpetuating cycle of doom.

I'm amused to see the ones here who quote the CBO's estimate of how much tax revenue will be lost, yet never address how much additional taxes would come in from employed workers.

Over all, it's still a good bill (though not perfect) and I can't see how anyone would support continuing to give business the tax incentives they have for cutting American citizens out of the American Dream.

Why would you?
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Old 09-27-2010, 09:14 AM
 
Location: Orlando, Florida
43,854 posts, read 51,165,026 times
Reputation: 58749
Maybe it would be a good idea to read what the Wall Street Journal and other financial news sources are saying about this bill. Many consider it to be titled in such a way that is is misleading the American public. Creating jobs at the risk of global market bankruptcy isn't a good trade off. It needs to be modified before being passed.

Many times people get all upset because of what they read on the surface, instead of actually understanding a bill that someone is trying to pass. Both Democrats and Republicans are prone to pass good bills and bad bills. It is our job to know exactly what the bill says....not what they tell us it says. Both Democrats and Republicans are also prone to lie.
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Old 09-27-2010, 09:15 AM
 
10,854 posts, read 9,298,870 times
Reputation: 3122
Quote:
Originally Posted by Donna-501 View Post
Republicans don't want any jobs on Obama's watch. They would rather the US go down the drain.
It's been pretty obvious since President Obama has been in office the Republican Party's policy has been to do everything politically possible to prevent President Obama from turning the economy around so that they can use it against him to score political points with Conservatives.
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Old 09-27-2010, 09:20 AM
 
Location: Texas
14,076 posts, read 20,523,376 times
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Quote:
Originally Posted by GloryB View Post
Maybe it would be a good idea to read what the Wall Street Journal and other financial news sources are saying about this bill. Many consider it to be titled in such a way that is is misleading the American public. Creating jobs at the risk of global market bankruptcy isn't a good trade off. It needs to be modified before being passed.

Many times people get all upset because of what they read on the surface, instead of actually understanding a bill that someone is trying to pass. Both Democrats and Republicans are prone to pass good bills and bad bills. It is our job to know exactly what the bill says....not what they tell us it says. Both Democrats and Republicans are also prone to lie.

The text of the bill is right there on page one of this thread. That's all there is to it and I'd like someone to explain to me just HOW it would result in risk of global market bankruptcy.

You mentioned that the WSJ and other financial sources are against it, right alongside manufacturers and other corporations which have seen their profits skyrocket off the backs of displaced American workers. So, how would it not be expected that the journals and other news sources written by, to and about those very people and corporations getting rich by shafting American citizens would be against this bill? That's hardly a surprise, is it?
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Old 09-27-2010, 09:21 AM
 
Location: FL
20,702 posts, read 12,527,678 times
Reputation: 5452
Quote:
Originally Posted by JazzyTallGuy View Post
It's been pretty obvious since President Obama has been in office the Republican Party's policy has been to do everything politically possible to prevent President Obama from turning the economy around so that they can use it against him to score political points with Conservatives.
Exactly!
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Old 09-27-2010, 09:27 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,366,979 times
Reputation: 12648
Quote:
Originally Posted by Donna-501 View Post
Exactly!

Republicans control Congress?

Hmm, last I heard Democrats have controlled Congress for almost four years.

So why haven't they acted before now?

If I were a liberal, I would be POed!
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Old 09-27-2010, 09:30 AM
 
Location: Unperson Everyman Land
38,647 posts, read 26,366,979 times
Reputation: 12648
Quote:
Originally Posted by delusianne View Post
What giveaway programs?


Food stamps, section eight housing, paid utilities, used car vouchers, repair vouchers, free cell phones, cash assistance, etc.
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Old 09-27-2010, 09:32 AM
 
10,854 posts, read 9,298,870 times
Reputation: 3122
Quote:
Originally Posted by BentBow View Post
Un-American.

Lets see...


You making choices for yourself... Conservative. The individual

Government making choices for you and a penalty if you refuse their only choice... Progressive control of society. The government


Nice try, but you have the roles reversed in a total lie, to suit your Progressive agenda. The end justifies the means. Fabricate and lie, so we can take and stay in power to try like hell, to control everyone's behavior.
Methinks you view of Conservatives is just a tad too simplistic based on their historical behavior.


Conservatives:

Want a less influential federal governnent

Want to deny full and equal civi rights to women, minorities, homosexuals, lesbians, trannsexuals, or anybody else that doesn't look like them, think like them, act like them or worship like them.

Want less regulation of business even if it means consumers are harmed, or the economy is harmed i.e. the credit crises that plunge the economy into a recession.

Favor tax cuts to the rich who have seen the largest increases in income over the past decade while middle class incomes have stagnated.
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Old 09-27-2010, 09:39 AM
 
Location: Texas
14,076 posts, read 20,523,376 times
Reputation: 7807
Quote:
Originally Posted by momonkey View Post
Republicans control Congress?

Hmm, last I heard Democrats have controlled Congress for almost four years.

So why haven't they acted before now?

If I were a liberal, I would be POed!

I am po'd, but it's better late than never, isn't it? Is the fact that they haven't offered it up before justification for rejecting it now?

And, not to mention that the same question could be asked of Republican's on the abortion issue: You had 6 years of uncontested control of Congress and the White House, yet never offered up one, single bill to overturn Roe v. Wade.

If a bill doing that were filed right now, would you reject it too because it could have been done sooner? I doubt it.
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