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Old 11-15-2010, 12:55 PM
 
2,539 posts, read 2,479,999 times
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Should the Ponzi scheme be allowed to continue?
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Old 11-15-2010, 02:30 PM
 
43,485 posts, read 18,676,893 times
Reputation: 10165
Quote:
Originally Posted by freefall View Post
Should the Ponzi scheme be allowed to continue?
The premise of you question is wrong, therefore no answer is required.
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Old 11-15-2010, 02:46 PM
 
Location: Wisconsin
23,680 posts, read 15,131,950 times
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Quote:
Originally Posted by Quick Enough View Post
The premise of you question is wrong, therefore no answer is required.
Exactly, the left has it all backwards. How exactly does not taking more of my hard earned money require that government "pay for it"? If government does not have enough taxpayer money to pay for "it", i.e. free stuff, like foreign aid, or grants to the NEA, then they cannot provide the free stuff.

This game, where the federal government exceeds their budget and borrows money, and then looks shocked that we have debt, is no basis for justifying the raiding of my bank account to pay for their unauthorized borrowing, nor to allow their penchant for spending taxpayer money at the drop of a hat.
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Old 11-15-2010, 03:12 PM
 
69,360 posts, read 58,071,835 times
Reputation: 9372
Liberals going bonkers trying to defend their tax cuts while suggesting others have their taxes raised... Hey lefties.. if you were so worried about them printing money then why no outrage over the 20% growth of the federal government in the last 2 years? You want to sit here and whine over $70B in TOTAL tax cuts a year made to all americans, and ignore the $500B in increased spending.. Stupidity at its finest on display..
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Old 11-15-2010, 03:24 PM
 
Location: Hoboken
19,889 posts, read 17,024,310 times
Reputation: 3135
The question is should thould the government raise taxes during a recession?
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Old 11-15-2010, 04:02 PM
 
2,539 posts, read 2,479,999 times
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Quote:
Originally Posted by shorebaby View Post
The question is should thould the government raise taxes during a recession?
Any tax cut they give will be paid for by taxes - the only difference being that it will be 'deferred' indefinitely, or maybe not so, if the world stops using the American dollar as it's reserve currency - then it's 'Welcome Argentina'.
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Old 11-15-2010, 04:16 PM
 
Location: Pa
20,301 posts, read 20,224,862 times
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Why not the question: Should congress not cut spending and waste?
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Old 11-15-2010, 04:19 PM
 
Location: Hoboken
19,889 posts, read 17,024,310 times
Reputation: 3135
Quote:
Originally Posted by freefall View Post
Any tax cut they give will be paid for by taxes - the only difference being that it will be 'deferred' indefinitely, or maybe not so, if the world stops using the American dollar as it's reserve currency - then it's 'Welcome Argentina'.

Who is proposing a tax cut?
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Old 11-15-2010, 11:35 PM
 
Location: The Republic of Texas
74,269 posts, read 38,162,503 times
Reputation: 16601
I bet there is more money in print, than the Fed is letting on. A lot more.
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Old 11-16-2010, 04:53 AM
 
Location: USA - midwest
5,943 posts, read 5,083,445 times
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Quote:
Originally Posted by freefall View Post
Should the Ponzi scheme be allowed to continue?
I see only two reasonable alternatives:

1. Let the Bush tax cuts for everyone expire next month.

2. Renew the cuts for those earning less than 250K.

Looks like the dems are going to cave, though. And the pubs will try to either gridlock any measures to restore the economy or reinstate their tax cut/trickle down jibberish that will result in higher deficits and a double dip recession. But then, no one sould expect the pubs to be reasonable. They've gone after their own reasonable members with a vengeance. The ones left behind are hyperpartisan idealogues who do not have any interest in advancing America.
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