Democrats Plot 2nd Stimulus

[b0mbrman]

Originally posted by: ElFenix

Originally posted by: ElFenix

Originally posted by: b0mbrman

It's in reverse chronological order, so start at the bottom. Notice that none of the 12 appropriations bills for FY09 was signed into law?

Obama since coming into office has signed:

* $787 B ARRA aka "Stimulus*" (of which less than $200 B has been spent as of the end of FY09, by Obama)
* Continuing resolution for FY09 (Bush did not pass a FY09 budget so this is still his)
* FY2009 Omnibus (ditto)
* War supplemental (Bush played the fun budget trick of not including the cost to fund the wars in Iraq and Afghanistan in the FY09 defense budget, so that he could make it look like more fiscally responsible than he actually was. So this is his)
* $3 B in two chunks for Cash for Clunkers (totally Obama's)

And there's your facts.

God, I wish I could sticky this.

if less than 200 billion of the original stimulus has been spent why are we not spending it rather than passing more stimulus. stimulus doesn't work if it's not spent.

still haven't seen an answer as to what passing more stimulus without spending it is supposed to accomplish.

Sorry, was that for me? I actually wasn't defending a second stimulus.

 

[b0mbrman]

Originally posted by: Doc Savage Fan

Originally posted by: heyheybooboo

Originally posted by: Doc Savage Fan

Originally posted by: heyheybooboo

Originally posted by: Whoozyerdaddy
I know this is a quaint concept... but what about shrinking the size and cost of government and reducing the confiscatory tax burden on Americans? (The ones who still pay taxes)

You are kidding, right?

The ""confiscatory tax burden on Americans"" is at its lowest point since 1950 (that would be 'the lowest in 59 years for the math challenged).

The projected Federal deficit for FY2010 is $1.25 trillion with estimated total revenues of $2.33 trillion.

Total receipts will represent 15.8% of GDP --- the lowest level since 1949-1950. FY2010 is the first year we will feel the "full impact" of the Bush/GOP tax cuts.

By the way, the (less than) Honorable George W. Bush projected total revenues of $2.931 trillion for FY 2010. Only missed it by $600 billion, or roughly half of the projected deficit for FY2010.

I will again say that Butterbean is intentionally lying.


Seriously.

Congress and the President have the power to repeal the Bush tax cuts...no? So who's the blame here...Bush and Republicans for passing it...or Obama and Dems for failing to repeal it? Are the Dems actually serious about fixing the deficit? Or is this just a BDS hangover? Seriously.

Good to know you are 100% behind slashing (or not reauthorizing) the 2001 and 2003 tax cuts for FY2011. That should cut the 10-year deficit $2.7 trillion.

If you will agree to reducing the 'overseas contingency operations' or troop strength, to 30k by 2013 in Iraq and Afghanistan we can cut another $1 trillion.

Please don't deflect...I'm trying to get to the root of what you think as you're the one playing the blame game. So...which is it...Republicans who have failed us...or Democrats who have failed us? Or perhaps the deficit is not problem after all? Please don't hurt yourself trying to talk out of both sides of your mouth.

Can't it be both?

The right for putting in the tax cuts and for raising a stink any time their repeal is brought up.

The left for not making the politically hard move of repealing them...and for sucking at talking points.