Obama Speech on Jobs

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SparkyJJO

Lifer
May 16, 2002
13,357
7
81
Government doesn't create jobs that are worth much at all for the economy.

That isn't partisan. That's fact.

And washington is full of idiots on both sides.

/thread
 

DucatiMonster696

Diamond Member
Aug 13, 2009
4,269
1
71
That may be true (I basically said that in my earlier post in this thread) but that doesn't change the fact that your deregulation suggestions are not going to change anything either.

Loosing and/or eliminating redundant, self serving regulations that are only designed to ensure that smaller competitors are kept out of the market will do more to increase job growth and expansion amongst smaller to med sized business then keeping the status quo. Doing so will also restore a measure of faith in the private sector that government isn't out to place its cross hairs on them as a whole.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
Good, good, and you clearly don't even know what a marxist is.

Care to make a wager?

100 bucks says Obama proposes one of the following:

1) Increase in classification of HCE OR requiring income above HCE in anyway be subject to social security tax

2) A decrease in mortgage interest deduction of any kind, for any income.

Do we have a bet?

I've paid attention to this fucker, have you? Bet or not bet?
 

rudder

Lifer
Nov 9, 2000
19,441
86
91
Keeping roads and bridges up-to-date is never a waste of money.

If obama wants to create jobs, end free trade and force companies to build factories in the USA - but that will never happen.

No it is not. However, obama cannot keep spending borrowed money. He needs to do something to stimulate real job growth. And by stimulate job growth I do not mean spend more borrowed money to keep people employed.

Once real job growth begins (that is companies grow and have a need for more employees), then tax revenues increased for the Federal government and then tax money can be made available for infrastructure upkeep.
 

mshan

Diamond Member
Nov 16, 2004
7,868
0
71
Chinese CPI / PPI sound like they were basically in line with expectations.

China may be, at least temporarily, pause in rate hikes to contain inflation.

Still remains to be seen whether the Communists can engineer a soft landing for their economy, over time.

Asian market response seems muted, so either it is buy the rumor, sell the news (powerful stock market rally a few days ago, where both defensive and economically sensitive stocks all went up, which, according to madman Cramer, was due to call by JP Morgan's global market strategist which said Chinese inflation had turned the corner, at least for now), or Obama's speech is being discounted as initial re-election salvo that grid-locked Congress will refuse to implement.
 
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rudder

Lifer
Nov 9, 2000
19,441
86
91
The stats I saw said 47% of households do not pay any federal income tax. Of course, those households where people are working would still pay payroll taxes, local wage taxes, excise tax on gasoline, etc.

Of course, those households where people are working and pay not federal tax are often times eligible to get federal money back... i.e., earned income credit. Many are also eligible for free or reduced lunches at schools, free preschool in many states, and a host of other benefits.

This extra money offsets a lot of the local taxes that are paid.
 

HomerJS

Lifer
Feb 6, 2002
39,293
32,792
136
just another go nowhere campaign speech. 45% of the population does not pay ANY federal income tax but he keeps on saying everybody pays their fair share.... wtf????

spend spend spend!!!!!! at what point will this administration get it through their thick skulls that their "spend money to make jobs" plan does NOT WORK!!!

Fair share means a multi-millionare doesn't pay a lower effective tax rate then his secretary.
 

OneOfTheseDays

Diamond Member
Jan 15, 2000
7,052
0
0
Good speech, and overall the plan is a step in the right direction.

Republicans know they can't stonewall anymore, the American people had enough after their debt ceiling standoff. They blew their load on an ultimately trivial issue.

Taxes for the rich are going to be raised, corporate loopholes closed, and Obama is winning in '12. The momentum is turning against the Republicans who choose to coddle the rich time and time again.
 

her209

No Lifer
Oct 11, 2000
56,336
11
0
Fair share means a multi-millionare doesn't pay a lower effective tax rate then his secretary.
In 2008, the top 0.1% paid less taxes as a percentage of their income than the rest of the top 1%. Suckers!
 

IronWing

No Lifer
Jul 20, 2001
72,821
33,838
136
Care to make a wager?

100 bucks says Obama proposes one of the following:

1) Increase in classification of HCE OR requiring income above HCE in anyway be subject to social security tax

2) A decrease in mortgage interest deduction of any kind, for any income.

Do we have a bet?

I've paid attention to this fucker, have you? Bet or not bet?
You missed my meaning but that is because your thinking and comprehension are clouded by your base emotions. I think abolishing the mortgage tax deduction and removing the cap on SS earnings taxed are good ideas, hence "good, good".
 

QuantumPion

Diamond Member
Jun 27, 2005
6,010
1
76
Look, I've been paying attention to this fucker since early 2008. I listen to every word he says, I now what he is up to.

If he doesn't propose eliminating mortgage deduction and SS HCE cap (notice how he didn't name specifics) then call me wrong.

I know this marxist.

Obama's not going to kill the mortgage interest deduction outright. He may lower the cap however.
 

IronWing

No Lifer
Jul 20, 2001
72,821
33,838
136
I see you're paying attention to this fucker. Good on you!
You're justing looking for every opportunity to call him a fucker. When there is no opportunity, you make one up. You should make videos of your daily commute, I bet they'd be hilarious.
 

sportage

Lifer
Feb 1, 2008
11,492
3,163
136
I loved Michele Bachmann's response... "bobble bobble blaw blaw icki icki wee wee".
Then she collapsed with a migraine into her gay husbands arms. Except he already had a 17 year old boy in those arms. Poor Mich Bell Boch Man.
 

CPA

Elite Member
Nov 19, 2001
30,322
4
0
Good speech, and overall the plan is a step in the right direction.

Republicans know they can't stonewall anymore, the American people had enough after their debt ceiling standoff. They blew their load on an ultimately trivial issue.

Taxes for the rich are going to be raised, corporate loopholes closed, and Obama is winning in '12. The momentum is turning against the Republicans who choose to coddle the rich time and time again.

Good speech? Are you kidding me? His only promise is to throw a bunch of money at his union cronies (hiring more teachers).

I would of loved to hear what exact loopholes he plans on closing - the ones that allowed his buddies at GE to pay $0 of tax on billions of revenue? Doubt it.
 

OneOfTheseDays

Diamond Member
Jan 15, 2000
7,052
0
0
Good speech? Are you kidding me? His only promise is to throw a bunch of money at his union cronies (hiring more teachers).

I would of loved to hear what exact loopholes he plans on closing - the ones that allowed his buddies at GE to pay $0 of tax on billions of revenue? Doubt it.

This is why this country is fucked. You and your ilk simply don't have this country's best interest at heart. Your more content to watch it burn in flames.

Honestly I don't give two shits about you or your GOP ilk anymore. You are a scourge that must be rooted out of politics ASAP.

-Doesn't believe in evolution
-Doesn't believe in global warming
-Believes tax cuts for the rich will trickle down to the poor
-Believes in teaching Creationism in science classes
-Hates and discriminates against gays and minorities

That's your party. That's who you are.
 

Lithium381

Lifer
May 12, 2001
12,452
2
0
Haha, that my favorite argument. "You and your party don't want whats best for the country"...... a card played on both sides of the table, i love it!
 

Craig234

Lifer
May 1, 2006
38,548
350
126
Haha, that my favorite argument. "You and your party don't want whats best for the country"...... a card played on both sides of the table, i love it!

Well, haha!, can you, haha! have any idea haha!!! when it's actually a correct attack? Between your hahahahaahahahah? and hahaha and haha!