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Old 07-12-2011, 09:05 PM
 
Location: Long Island, NY
19,792 posts, read 13,941,962 times
Reputation: 5661

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Quote:
Originally Posted by shorebaby View Post
That makes no sense, it is the Republicans who are trying to get government out of our pockets. It is Obama who wants to increase taxes by$2 trillion.
The Republicans don't give a damn about the debt. If they did, they would have done something when they controlled the White House, the Senate and the House.

What the Republican agenda is, is to further shift spending cuts to the middle-class while giving more tax-cuts to the wealthy. If you read the Ryan Plan, which I did, it's crystal clear that's the intent. The Ryan Plan does not reduce debt. It just redistributes money upward.
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Old 07-12-2011, 09:10 PM
 
Location: Hoboken
19,890 posts, read 18,745,357 times
Reputation: 3146
Quote:
Originally Posted by MTAtech View Post
Which calls for cutting jobs and raising the debt ceiling because it adds $6 trillion to the debt; cuts Medicare benefits and lowers the tax-rate on the rich from 35% to 25%.
It cuts federal spending by $5.8trillion over 10 years and balances the budget over 20 years. Even this slow a glide path is too much for the Dems, it gives them the vapors. They simply won't be happy unless we are like Greece.

Of course the left only has class warfare left but the truth is Ryan closes loopholes so the rate reduction is revenue neutral.
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Old 07-12-2011, 09:12 PM
 
20,948 posts, read 19,042,570 times
Reputation: 10270
Quote:
Originally Posted by ovcatto View Post
By a vote of 233-193 the House GOP failed to repeal the light bulb efficiency standards. I know that doesn't seem like a jobs bill but it must be because the GOP promised that Jobs was going to be their #1 priority. And while it didn't seem to me that defunding Planned Parent Hood, repealing the Affordable Health Care Act, or slashing jobs at the federal, state and local level but I am sure they must know what they are doing.
What else was in the bill?

That's what matters.
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Old 07-12-2011, 09:14 PM
 
Location: Hoboken
19,890 posts, read 18,745,357 times
Reputation: 3146
Quote:
Originally Posted by MTAtech View Post
The Republicans don't give a damn about the debt. If they did, they would have done something when they controlled the White House, the Senate and the House.

What the Republican agenda is, is to further shift spending cuts to the middle-class while giving more tax-cuts to the wealthy. If you read the Ryan Plan, which I did, it's crystal clear that's the intent. The Ryan Plan does not reduce debt. It just redistributes money upward.
Well when debt increases 30% in 2 years that is truly alarming. You clearly didn't read Ryans plan as closely as the CBO, because they came to a different conclusion.

How do you redistribute wealth upwards? Are you suggesting that the wealthy will wind up with more money than they started with? Their tax rates will be negative?
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Old 07-12-2011, 09:31 PM
 
Location: Reality
9,949 posts, read 8,848,638 times
Reputation: 3315
Quote:
Originally Posted by MTAtech View Post
Which calls for cutting jobs and raising the debt ceiling because it adds $6 trillion to the debt; cuts Medicare benefits and lowers the tax-rate on the rich from 35% to 25%.
For a second there I thought my laptop turned into a direct feed from MSNBC but then I realized I would smell Maddow from a mile away.
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Old 07-12-2011, 09:34 PM
 
Location: Long Island, NY
19,792 posts, read 13,941,962 times
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Quote:
Originally Posted by shorebaby View Post
It cuts federal spending by $5.8trillion over 10 years and balances the budget over 20 years. Even this slow a glide path is too much for the Dems, it gives them the vapors. They simply won't be happy unless we are like Greece.

Of course the left only has class warfare left but the truth is Ryan closes loopholes so the rate reduction is revenue neutral.
No it doesn't and isn't. It's only 'revenue neutral' if you buy into his preposterous assumptions. It uses magic asterisk and absurd unsupported rosy revenue and cost assumptions, like unemployment will magically drop to 2.8% when passed -- a rate that hasn't been achieved since the Korean War; it cuts Medicare spending by short-changing those who paid by not providing enough money to buy insurance; the plan depends on finding $3 trillion over the next decade from a magic source that's unstated; his plan projects an absurd future, according to the Congressional Budget Office, in which all discretionary spending, now around 12 percent of GDP, magically shrinks to 3 percent of GDP by 2050. (Defense spending alone was 4.7 percent of GDP in 2009.)

Ryan's plan is class warfare at its best. It cuts taxes on the rich while cutting spending on everyone else, then he has the nerve to scream "class warfare" if one objects to his draconian plan.
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Old 07-12-2011, 09:36 PM
 
Location: Rational World Park
4,991 posts, read 4,503,428 times
Reputation: 2375
Yes. The GOP congress at work distracting people with pure nonsense and failing at it!! Planned parenthood and now this foolishness.
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Old 07-12-2011, 09:39 PM
 
Location: Hoboken
19,890 posts, read 18,745,357 times
Reputation: 3146
Quote:
Originally Posted by MTAtech View Post
No it doesn't. It uses magic asterisk and absurd unsupported rosy revenue and cost assumptions, like unemployment will magically drop to 2.8% when passed -- a rate that hasn't been achieved since the Korean War; it cuts Medicare spending by short-changing those who paid by not providing enough money to buy insurance; the plan depends on finding $3 trillion over the next decade from a magic source that's unstated; his plan projects an absurd future, according to the Congressional Budget Office, in which all discretionary spending, now around 12 percent of GDP, magically shrinks to 3 percent of GDP by 2050. (Defense spending alone was 4.7 percent of GDP in 2009.)

Ryan's plan is class warfare at its best. It cuts taxes on the rich while cutting spending on everyone else, then he has the nerve to scream "class warfare" if one objects to his draconian plan.
Well of course it does. What is funny is your contention that his road map doesn't do very much when it is acknowledged, the Dem plan, such that it is, explodes the deficit. So even by your standards a modest proposal causes the Dems to soil themselves.

Again you completely ignore the effect of the rate reduction, because you know it is revenue neutral, because of closing of loopholes. Come on, we all know, you can admit it.


By the way, let's not forget how this exchange started. Your contention that the Republicans haven't offered a jobs bill when they clearly have. You may whine about it but it was put forth.
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Old 07-12-2011, 09:40 PM
 
29,939 posts, read 39,450,111 times
Reputation: 4799
Besides it being freaking travesty how stupid the people are that support it, it's hardly a jobs bill or anything related to bringing jobs back.

In fact it might represent what's about to occur.
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Old 07-12-2011, 09:42 PM
 
29,939 posts, read 39,450,111 times
Reputation: 4799
Quote:
Originally Posted by MTAtech View Post
Since they voted it down, it means the Republicans can reject several things at once. Since they held the House since January, what have the Republicans actually passed?
It's very apparent you don't understand anything that's going on around you.
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