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Old 07-13-2011, 10:48 PM
 
Location: The Republic of Texas
78,863 posts, read 46,591,490 times
Reputation: 18521

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Quote:
Originally Posted by pghquest View Post
And yet you ignore the fact that Clinton cut taxes, and we balanced the budget, and when Bush cut taxes, REVENUES WENT UP.. not down..

Hell, I'd tell you to start looking at spending, but you cant even get the revenues part right. You keep talking about how tax cuts resulted in less money, but even the CBO says your WRONG..
Federal Tax Revenues from 2003 to 2006

Come back when you look at federal revenues AND spending, and can accurately pertray what took place when taxes were cut. Until such time, i'm done talking to someone who can only repeat talking points, rather than discuss the truth.

They want to get a 1000 out of one holding the cheese, instead of 100 out of the 30 new employees they hire. Then they wonder why revenues go down when you tax the rich.
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Old 07-13-2011, 11:05 PM
 
Location: Earth
24,620 posts, read 28,269,927 times
Reputation: 11416
Quote:
Originally Posted by cyclone8570 View Post
What is the point of having a debt ceiling if you simply raise it every time you get close to going above it?

Doesn't that defeat the whole purpose of a "ceiling"?
Yet defaulting on our debt in a world stage does?
Please explain your logic.
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Old 07-13-2011, 11:07 PM
 
29,939 posts, read 39,447,879 times
Reputation: 4799
Quote:
Originally Posted by chielgirl View Post
Yet defaulting on our debt in a world stage does?
Please explain your logic.
No, you still don't understand. It's cutting yourself off -- going cold turkey -- of your debt problem.

Of course anyone funded by the federal government wouldn't like that...
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Old 07-13-2011, 11:34 PM
 
Location: Northridge/Porter Ranch, Calif.
24,507 posts, read 33,292,783 times
Reputation: 7621
Quote:
Originally Posted by Winter_Sucks View Post
Clinton raised taxes and that balanced the budget. Clinton cutting spending and cutting taxes wouldn't have balanced the budget and shrank the deficit. Reducing taxes on the rich doesn't work at lowering the deficit. We've had ten years of Bush/GOP voodoo economics and the results are in, and they're not good.
What year(s) did Clinton "balance the budget?"
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Old 07-13-2011, 11:38 PM
 
Location: The Republic of Texas
78,863 posts, read 46,591,490 times
Reputation: 18521
Quote:
Originally Posted by Fleet View Post
What year(s) did Clinton "balance the budget?"


Congress writes the budget bills, the President just has to agree or disagree with it.


I would not be having all these meetings with anyone, like this stupid congress has.

I would write a bill and give it to the president for his signature and place it in his corner. veto and write another bill with more in it and place it in his corner. Veto it and write another bill and place it in his corner with even more cuts. When we default, who is going to look bad. Not the guys placing bills on the Presidents desk, one after another.
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Old 07-14-2011, 12:45 AM
 
Location: SF Bay Area
14,317 posts, read 22,374,384 times
Reputation: 18436
Quote:
Originally Posted by cyclone8570 View Post
What is the point of having a debt ceiling if you simply raise it every time you get close to going above it?

Doesn't that defeat the whole purpose of a "ceiling"?
What is the point of Republicans participating in economic solutions after showing during the Bush years that they haven't a clue on how to run an economy or NOT raise record deficits?

Raising the debt ceiling AFTER the disaster that was Bush appears to be a completely valid reason to raise it. Resolving the problems he created requires such flexibility and further spending domestically. Also, the village idiot lied to commit this country to 2 wars, promised to "finish the job" to get reelected (lied again), and made things worse. So this President must continue to spend as he ends he Bush wars. Pubs and Bush really stunk up the place big time.

Laughable the Pubs are here, trying to take a stand when failure always gets attributed to them.
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Old 07-14-2011, 02:50 AM
 
35,309 posts, read 52,269,210 times
Reputation: 30999
Quote:
Originally Posted by hotair2 View Post
Option 1 = raise debt ceiling - which pays for debt already incurred and negotiate budget seperately.

Option 2 = Condition the raising with cuts and tax increases

Option 3 = Don't raise the debt ceiling and send the economy into a depression.

Those are your choices. Pick one.
Seems many would pick number 3 thinking they are in some way spiting Obama. these very people who would risk the economic viability of the nation are the same ones calling for the ousting of the present gvmnt to install people with their moronic mentality, sometimes the gvmnt has no choice but to work together for the betterment of the country..
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Old 07-14-2011, 03:20 AM
 
2,170 posts, read 2,860,174 times
Reputation: 883
Quote:
Originally Posted by florida.bob View Post
Pres walks and per Cantor says, "Don't call my bluff, I will take this to the American people". Good for the Pres, even Cantor's version shows Cantor up for the Putz that he is.
Petulant child.
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Old 07-14-2011, 03:56 AM
 
Location: My little patch of Earth
6,193 posts, read 5,365,792 times
Reputation: 3059
This is simple folks.

Write the bill as needed to get things back on track.

During his next golf outing, vacation, campaign trip or FAsT food visit.....

Place the bill in the 'autopen' device.

Flip the switch, let 'it' sign the bill.

DONE! Who needs him?

Oh, slip a letter of resignation in the machine too.
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Old 07-14-2011, 05:45 AM
 
5,346 posts, read 4,045,231 times
Reputation: 545
Exclamation Republicans move ever closer to the default of the U.S. Government...

Get ready to hit the exits if the Republicans continue the game!...
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