Obama Speech on Jobs

[kage69]

I remember a time when everything was Bush's fault...funny how that works.

No, what's funny is you thinking your memory accounts for anything here. Such is the result of being a partisan asshat.

 

[crownjules]

The biggest issue plaguing republicans currently is they can't even bring forward a candidate who is not retarded. If they could they could probably beat Obama at this point since confidence is obviously down.

Maybe if they put down the corporate dick and stop sucking for a little while, they'd actually have time to think. That's their real problem. Being a stooge for special interests doesn't require intelligence just the ability to follow orders. That's why Americans aren't drawn to their batch of candidates. They don't have their interests in mind. What they're proposing is the same old shit that's only benefited the wealthy and driven middle class jobs offshore.

 

[Doc Savage Fan]

No, what's funny is you thinking your memory accounts for anything here. Such is the result of being a partisan asshat.

Partisan asshats abound. If you don't believe me...just take a good long look in the mirror.

 

[kage69]

Partisan asshats abound. If you don't believe me...just take a good long look in the mirror.

Weak and meaningless coming from a troll of your standing. Trying to imitate moonie's mirror response doesn't change it. The teapublicans have been putting on airs of concern all the while preventing any measures from helping the people. None of your tripe changes that either.

You could have proven yourself to be less partisan by posting something germane and honest about why the pugs did what they did regarding tax incentives and offshore tax loopholes, but instead you decided to try a reversal on the normally pathetic cop out of B B B But Bush!


lol, yep, funny indeed. Thanks for playing.

 

[Texashiker]

Under the pretense of saving the economy, you're going to kill it and exchange freedom for tyranny.

In the end, tyranny is what we will be left with.

 

[spidey07]

Notice how there were no specifics on what "fair share" would be?

Guarantee he's going after mortgage deductions and SS cap.

tax and spend, tax and spend

 

[Bowfinger]

I see there is a need for this in this thread as well:

More @ Forbes

only 18% of people pay no federal payroll/income taxes and half (9% of the total) are elderly

one thing to keep in mind for the people who keep saying that the poor don't have skin the game is that payroll tax is a regressive tax which is 36% of government revenue

Edit: Found another neat picture:

Hey now. Don't you be polluting P&N with facts and data. The ideologues have their dogma, and that's all they need. They know -- there is no doubt -- that half of all Americans PAY NO TAXES!!!!!, and most of them are those dirty, lazy, librul dimocrat welfare queens driving around in gold-plated Cadillacs buying caviar and 70" flat screen TVs with welfare and food stamps so they can sell them on eBay for crack ... or some such BS, their rantings get so shrill they often become incomprehensible.

 

[PingSpike]

The biggest issue plaguing republicans currently is they can't even bring forward a candidate who is not retarded. If they could they could probably beat Obama at this point since confidence is obviously down.

I think the Republican party has chased all of the halfway intelligent members out of its ranks by now.

 

[IronWing]

Notice how there were no specifics on what "fair share" would be?

Guarantee he's going after mortgage deductions and SS cap.

tax and spend, tax and spend

This is just so last night. Surely you can think of something else about Obama to foam about this morning?

 

[Bowfinger]

Notice how there were no specifics on what "fair share" would be?

Guarantee he's going after mortgage deductions and SS cap.

You've said that already, multiple times. Time to get some fresh voices in your head.

tax and spend, tax and spend

Sad, but it beats borrow and spend, borrow and spend, which is all your ilk has done for the last 30 years. You are nothing but a pawn. Both parties suck. The Republicans suck harder. The Tea Party is nothing but the same old Republicans with a new shade of lipstick.

 

[kage69]

You've said that already, multiple times. Time to get some fresh voices in your head.




Sad, but it beats borrow and spend, borrow and spend, which is all your ilk has done for the last 30 years. You are nothing but a pawn. Both parties suck. The Republicans suck harder. The Tea Party is nothing but the same old Republicans with a new shade of lipstick.

The cold hard truth right there....

 

[spidey07]

This is just so last night. Surely you can think of something else about Obama to foam about this morning?

Well this was his big plan right? Why is the white house waiting until Monday to release any real details about how it will be paid for? All I heard was "fair share" and "loopholes".

He was very specific on where the spending was going to be, but extremely short on paying for it.

I frankly was extremely offended by the president saying "pass this now". The entire speech offended and pissed me off just like everything he says. Just talked to a bunch of co-workers and they're rightly pissed off as well from his speech.

 

[IronWing]

Well this was his big plan right? Why is the white house waiting until Monday to release any real details about how it will be paid for? All I heard was "fair share" and "loopholes".

He was very specific on where the spending was going to be, but extremely short on paying for it.

I frankly was extremely offended by the president saying "pass this now". The entire speech offended and pissed me off just like everything he says. Just talked to a bunch of co-workers and they're rightly pissed off as well from his speech.

My only complaint about the delivery was that it sounded like it was aimed at third graders, condescending to most Americans and too high falutin' for tea baggers.

 

[spidey07]

My only complaint about the delivery was that it sounded like it was aimed at third graders, condescending to most Americans and too high falutin' for tea baggers.

He actually insulted all of America with his "it's just math" comment. Assuming americans are too stupid to understand his policy.

Yes President, it is just math, now how are you going to pay for this 450 BILLION!!!!!

It was nothing more than another campaign speech. FBHO.

 

[IronWing]

Yes President, it is just math, now how are you going to pay for this 450 BILLION!!!!!

Beats me. How does one pay for tax cuts in a time of deficits? Most of the 450 billion is in the form of tax cuts. You know that, don't you? Just like the last stimulus act where the bulk of the stimulus was tax cuts. You knew that too, right?

 

[quest55720]

It was exactly what I thought it would be. A bunch of spending with out a way to pay for it. Very disapointed he had a chance to really go for it. Real tax reform would be a start. While the payroll tax cut would be nice and put money in my pocket. This country can not afford it. If he came up with real spending cuts to off set this money then we could talk.

 

[fskimospy]

It was exactly what I thought it would be. A bunch of spending with out a way to pay for it. Very disapointed he had a chance to really go for it. Real tax reform would be a start. While the payroll tax cut would be nice and put money in my pocket. This country can not afford it. If he came up with real spending cuts to off set this money then we could talk.

Spending cuts to offset stimulus defeats the purpose of stimulus.

 

[quest55720]

Spending cuts to offset stimulus defeats the purpose of stimulus.

not really there are billions and billions in cuts by getting rid of redundancy and waste. That GAO report has been out there for months and no action taken. Then with real tax reform you get a lot of the money needed to pay for his plan. Also he can scrap schools from his plan. That is a local issue. My federal tax dollars should not be spent to help another place get a free building and lower thier property taxes. That is just BS. Any infrastructer spending should be above and beyond what the states would spend. Not a hand out to the states to let them off hook on spending so they can use money else where.


The report is here http://www.gao.gov/products/GAO-11-318SP .

 

[fskimospy]

not really there are billions and billions in cuts by getting rid of redundancy and waste. That GAO report has been out there for months and no action taken. Then with real tax reform you get a lot of the money needed to pay for his plan. Also he can scrap schools from his plan. That is a local issue. My federal tax dollars should not be spent to help another place get a free building and lower thier property taxes. That is just BS. Any infrastructer spending should be above and beyond what the states would spend. Not a hand out to the states to let them off hook on spending so they can use money else where.


The report is here http://www.gao.gov/products/GAO-11-318SP .

You can be against stimulus if you want, but offsetting it literally contradicts the entire purpose. Stimulus is intended to inject additional demand into the economy, if you reduce spending in other places to compensate you are zeroing out the stimulative effect.

 

[werepossum]

He explained that very well, I think. He was talking about special tax breaks that the rich get that regular American's don't have access to that can result in rich people paying a lower percentage in taxes than people who make much less. Calling that "unfair" seems pretty obvious to me.

This . . .

But at what cost?

The govt needs to keep cost/benefit more in fore of their thinking.

Fern

and this. The best government can do for the long run is to make a favorable environment and not screw up the economy. Stimulus programs are good to stop the bleeding, but since government is spending a couple hundred grand per job at best, obviously we can't find prosperity that way. Legislators definitely need to be looking at the bottom line and finding the most bang for the buck, but in reality they will be looking at what is best for their own re-election, their party, their big contributors, their constituents, and then (maybe) the country. This is why we do things like build four-lane bridges for people who need one, or build transports we don't need, or fund fall-back engine development programs which are behind the program they supposedly backstop.

We need first and foremost programs that make a good business environment, especially for wealth-producing and wealth-conserving businesses. Schools can possibly fall into that category, as they stimulate the economy (using mostly American-made materials) and also reduce the appetite of the school districts if done correctly.

 

[Fern]

-snip-
I'll talk to some of those "evil execs", you know, those evil people that lead fortune 100 companies, to see what they thought. I talk to them regularly because of my job, and most of them seem to think building a big stack of cash to handle upcoming adversity is the right answer (as opposed to expanding and investing).

That's what I'm hearing from the financial professionals/CFO's. Those that have the cash, and not all do, all building safety cushions.

Fern

 

[werepossum]

haha! sound good!

Wouldn't do him any good. His supporters all think pistols are to be held sideways; his opponents know how to use sights.

 

[Fern]

Spending cuts to offset stimulus defeats the purpose of stimulus.

This implies that you believe all expenditures have an equal impact on stimulus/demand.

I don't believe that's the case. However, unfortunately Congress appears to act as though they do.

Fern

 

[fskimospy]

This implies that you believe all expenditures have an equal impact on stimulus/demand.

I don't believe that's the case. However, unfortunately Congress appears to act as though they do.

Fern

No it doesn't.

What it does imply is that all expenditures have an impact on demand. If expenditures are wasteful and inefficient they should be removed regardless, but to tie a reduction in expenditures elsewhere with a stimulus package is absolutely self defeating.

 

[werepossum]

I think the Republican party has chased all of the halfway intelligent members out of its ranks by now.

Yes, all the halfway intelligent people are Democrats, which is why they can't seem to provide their own health care, child care, education, housing, etc.