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For the supporters of the tea parties... I've been trying to understand what the "cause" is. I've read a bunch of stuff and it varies so much that I don't know what the core message is. I know it's been co-opted by some neo-nazi and skinhead groups but I can't blame the organizers for that. I will chalk that up to those groups more closely aligning with right-leaning movements and trying to garner some energy by parasitically attaching themselves to the tea parties. Still, can somebody explain what the core message is and what the tea parties are supposed to accomplish?
For the supporters of the tea parties... I've been trying to understand what the "cause" is. I've read a bunch of stuff and it varies so much that I don't know what the core message is. I know it's been co-opted by some neo-nazi and skinhead groups but I can't blame the organizers for that. I will chalk that up to those groups more closely aligning with right-leaning movements and trying to garner some energy by parasitically attaching themselves to the tea parties. Still, can somebody explain what the core message is and what the tea parties are supposed to accomplish?
NO - Wait, it's a protest against future tax increases in the form and function of HYPERINFLATION - all to profit Greedy Bankers, and force a One World Global Banking System that will force a Global Socialist Empire run by the same Greedy Bankers that hath partook.
The Tea Party protests, in their current form, began in early 2009 when Rick Santelli, the On Air Editor for CNBC, set out on a rant to expose the bankrupt liberal agenda of the White House Administration and Congress. Specifically, the flawed “Stimulus Bill” and pork filled budget.
During Rick’s rant (see video below), he called for a “Chicago tea Party” where advocates of the free-market system could join in a protest against out of control government spending. Tax Day Tea Party » Tax Day Tea Party
It's about this:
Quote:
In the first independent analysis, the nonpartisan Congressional Budget Office concluded that President Obama's budget would rack up massive deficits even after the economy recovers, forcing the nation to borrow nearly $9.3 trillion over the next decade Projected Deficit - washingtonpost.com
And this:
Quote:
DALLAS, April 1 /PRNewswire-USNewswire/ -- President Barack Obama and the U.S. Congress have gone on a spending and debt spree that the country cannot afford. As a result, a spontaneous grassroots movement is emerging from every corner of the nation with a message for Congress and the President: Stop spending us into an inevitable spiral of debt and higher taxes ... now!
To that end, groups of Americans will be meeting in towns and cities across the nation on April 15 for "Tax Day Tea Parties."
#1 .Under the Obama budget, the Congressional Budget Office (CBO) projects that the national debt will double over the next five years; and it will triple over the next 10 years to $17.3 trillion.
#2. Under the Obama budget, CBO projects that the national debt will soar over the next 10 years from 40 percent of GDP today to a shocking 82.4 percent. (Ronald Reagan left office with the national debt at 42 percent of GDP).
#3. The President's budget also states that total federal borrowing will grow by $2.7 trillion this year alone, an increase of 27 percent in one year!
#4. The budget President Obama proposes for this year increases federal spending by an incredible 34 percent over the previous year, with a total of $4 trillion in federal spending, the highest ever.
#5. The federal budget deficit (not the national debt) would reach $1.845 trillion this year, according to the CBO, the highest ever. That would be more than seven times Reagan's largest budget deficit of $221 billion, which caused so much consternation among Reagan's critics.
#6. The CBO estimates that this Obama budget deficit will total an astounding 13.1 percent of GDP, more than one-eighth of the entire U.S. economy, for the federal budget deficit alone! Under George Bush, the federal deficit for 2008 was 3.2 percent of GDP. The deficit for fiscal year 2007, in the last budget adopted when Congress was controlled by Republican majorities, was $162 billion, or 1.2 percent of GDP.
#7. The Obama budget also includes $1 trillion in tax increases on the upper 5 percent of income earners, mostly tax rate increases. But the top 5 percent of income earners already pays 60 percent of all income taxes.
#8. The Obama budget projects that revenues from the corporate income tax will more than double in 3 years, increasing, in fact, by more than 124 percent.
#9. Another $645 billion tax increase comes from President Obama's anti-global warming cap and trade system, which is essentially an energy tax on the production and use of carbon energy, such as oil, natural gas, and coal.
#10. While the Obama administration claims to have cut $2 trillion from the budget over 10 years, fully $1.5 trillion of those "cuts" actually represents the troop drawdown in Iraq, which was already scheduled to occur under the Bush administration. Of the remaining $500 billion in budget "savings," fully $311 billion is categorized as "interest savings" but is actually an additional tax increase on upper income earners. The Institute for Policy Innovation is an independent, non-profit, non-partisan public policy organization based in Dallas, Texas Ten Tax Facts for Tax Day Tea Parties (http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/04-01-2009/0004998835&EDATE - broken link)=
And this:
(This graph can be found at several websites on the internet)
SOURCE: CBO, White House Office of Management and Budget | The Washington Post - March 21, 2009
And this:
(This graph can be found at several websites on the internet)
SOURCE: CBO, White House Office of Management and Budget | The Washington Post - March 21, 2009
So it's just about spending? And what is the counter-proposal to get the US out of this recession? Just about all economists agree that we need the short-term spending to cushion the recession. I kinda find it hard to believe that it's all about spending when our last administration stated that deficits don't matter... but I guess better late than never. Still, what is the vision of the tea parties? What should the government be doing about health care and social security in order to decrease spending?
We are tired of the ever increasing deficit and the corresponding rise in taxes that will have to go along with them. A review of history might be in order at this point.
So it's just about spending? And what is the counter-proposal to get the US out of this recession? Just about all economists agree that we need the short-term spending to cushion the recession. I kinda find it hard to believe that it's all about spending when our last administration stated that deficits don't matter... but I guess better late than never. Still, what is the vision of the tea parties? What should the government be doing about health care and social security in order to decrease spending?
Why don't you print it out and rub it over and over on you forehead then maybe you will get it..
That part of the OP is brutally obvious but apparently it's not been the right stuff.
I know it's been co-opted by some neo-nazi and skinhead groups...
No, Tea Party events haven't been co-opted by any person, thing or organization. Just because KOS and HuffPo have gotten interested doesn't mean they're in control, much to their dismay. There is nothing to co-opt.
The message is that taxes have played far to big a part in the government of the U.S. and some citizens have just had enough. The goal is to change the waste in and of government.
Participate or don't. Nobody really cares but if you do participate, speak for yourself, not for what you think others would approve.
So it's just about spending? And what is the counter-proposal to get the US out of this recession? Just about all economists agree that we need the short-term spending to cushion the recession. I kinda find it hard to believe that it's all about spending when our last administration stated that deficits don't matter... but I guess better late than never. Still, what is the vision of the tea parties? What should the government be doing about health care and social security in order to decrease spending?
All credible economists agree that the stimulus is very flawed. A stimulus should spend as much money as possible within a small amount of time. A stimulus that provides funding for the next 3 years is doomed to fail. The whole point of the stimulus is to immediately inject funds into our economy to keep it from shrinking. If they had really created a true stimulus then they would be more concerned with injecting enough funds in 2009 to keep the economy from deflating. They wasted a very large amount of money on a stimulus that will most likely not work the way people were led to believe it would. Most economist agree that we needed a real stimulus. Maybe they will do a better job throwing together the second stimulus if they see people care about government spending. I hope they will actually allow real economists to provide their input before they pass the next spending bill. Maybe the economists can turn the next spending bill into an actual stimulus. I would have focused all the stimulus funds into targeting projects that would start in the first and second quarter of 2009. Then I would have formed a plan for the third and forth quarter of 2009 and hope I never need to use it. That is how a real stimulus plan works. I'm sure even Keynes would agree with that.
So it's just about spending? And what is the counter-proposal to get the US out of this recession? Just about all economists agree that we need the short-term spending to cushion the recession. I kinda find it hard to believe that it's all about spending when our last administration stated that deficits don't matter... but I guess better late than never. Still, what is the vision of the tea parties? What should the government be doing about health care and social security in order to decrease spending?
the problem is that the spending is going to bail out states that are in debt, about 25% of the porkulus bill.
There will be very few jobs stimulated by this.
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