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Old 07-10-2012, 08:40 AM
 
22,768 posts, read 30,737,789 times
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Quote:
Originally Posted by mountainrose View Post
Correct me if I am wrong---but aren't the ONLY states right now pulling themselves out of debt all governed by Repubs---Christie, Daniels, Walker, etc.?
what are you talking about? states have to balance their budgets.



Quote:
Are there ANY states turning their economies around governed by Dem policies? The states in the worst financial crisies are the strong liberal states. To me, that is the proof of the pudding---and I am an Independent trying to look at both sides nonpartisanly.
not clear what this has to do with federal policy. states are a totally different animal.
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Old 07-10-2012, 08:43 AM
 
5,787 posts, read 4,716,747 times
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In 2009, Obama said quite clearly that raising taxes on ANYONE (eliminating the Bush Tax Cuts in their entirety) would hurt the economy.

Was he wrong?
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Old 07-10-2012, 08:43 AM
 
22,768 posts, read 30,737,789 times
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Quote:
Originally Posted by jt800 View Post
In 2009, Obama said quite clearly that raising taxes on ANYONE (eliminating the Bush Tax Cuts in their entirety) would hurt the economy.
source?
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Old 07-10-2012, 08:45 AM
 
5,787 posts, read 4,716,747 times
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Quote:
Originally Posted by le roi View Post
what are you talking about? states don't run deficits

State deficit estimate hits $16 billion
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Old 07-10-2012, 08:46 AM
 
4,571 posts, read 3,521,064 times
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How about listening to obama saying that. There are sources everywhere.
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Old 07-10-2012, 08:46 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by VTHokieFan View Post
Let's assume there is 0 obstruction from the GOP and he has both houses of Congress (oh wait...he did). HOW will Obama's policies improve the economy?


Example: Raising taxes on the rich..what will that do to improve the economy?

I'm generally curious on HOW these things work, I'm not looking for vaccuum arguments. For example, in the case above, "well, lowering taxes for the rich failed, so raising them will work." I want to know why raising taxes helps an economy, grows GDP, gets people back to work, spurs investment and makes America great again.

Any takers? By the way, feel free to add other policies other than raising taxes.
Let's take these memes apart piece by piece.

Let's start with the "Democrats controlled Congress" meme first.

This meme is so popular on CD that I should program my response on an F-key.

The Dems didn't completely control the Senate. Al Franken was seated nearly eight months after winning his Senate seat. Even if the Senate was controlled by Democrats (e.g. 50 seats), the statement ignores two other facts. a) there were Democrats in the Senate that vote as if they were Republicans. b) Republicans liberally used the filibuster to block legislation.

The Dems never had 60 Senate seats post-2008. They had between 56 and 58 seats. For that very brief period they had 58 seats with consistent support from Bernie Sanders and inconsistent support from Joe Lieberman. The Democrats hardly had 60 Dem seats, and hardly 60 reliable Dem votes. Then in a special election the following January, Scott Brown won Teddy Kennedy’s old seat, and was sworn in on February 4th.
Democrats' 60-vote majority in Senate: So close and yet so far - latimes.com

The next meme, that stimulus doesn't do anything, is simply explained:



Where:

C=private consumption
I=gross investment
G=government spending
X=exports
M=imports

When government "G" spends more money, GDP rises and employment rises. It's as simple as that.

Also see:
Everything Obama has done — and wants to do — on taxes in one post
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Old 07-10-2012, 08:47 AM
 
Location: Dallas, TX
31,767 posts, read 28,822,592 times
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Quote:
Originally Posted by mountainrose View Post
Correct me if I am wrong---but aren't the ONLY states right now pulling themselves out of debt all governed by Repubs---Christie, Daniels, Walker, etc.? Are there ANY states turning their economies around governed by Dem policies? The states in the worst financial crisies are the strong liberal states. To me, that is the proof of the pudding---and I am an Independent trying to look at both sides nonpartisanly.
If you're an "independent", why aren't you aware of other, if not all, states? Your knowledge appears rather limited to what I see out of right wing loud mouths and loudspeakers.
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Old 07-10-2012, 08:47 AM
 
5,787 posts, read 4,716,747 times
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Quote:
Originally Posted by le roi View Post
source?
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Old 07-10-2012, 08:48 AM
 
Location: Dallas, TX
31,767 posts, read 28,822,592 times
Reputation: 12341
Quote:
Originally Posted by jt800 View Post
In 2009, Obama said quite clearly that raising taxes on ANYONE (eliminating the Bush Tax Cuts in their entirety) would hurt the economy.

Was he wrong?
Source? And text please, verbatim, not potentially edited videos.
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Old 07-10-2012, 08:51 AM
 
12,039 posts, read 6,572,819 times
Reputation: 13981
Quote:
Originally Posted by le roi View Post
not clear what this has to do with federal policy. states are a totally different animal.
This has to do with Fed policy because it shows that the Repub policies, which are the SAME general policies and philosophies as at the Fed level, are starting to WORK already in some of the Repub-governed states while they are not working in the Dem-governed states.
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