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The17sss
C.R.E.A.M.

Registered: May 2008
Location: Charlotte, NC
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| quote: | Originally posted by Joss Weatherby
Fuck you. You are of the party that has NEVER been civil. Your party runs on fucking over people, crying like a little bitch, and then refusing to budge on any issue.
Do not expect us to always roll over.
Believe me I have made these opinions on my own, it is plainly clear that it is exactly what you do. You held us hostage, and we capitulated and paid the ransom. |
Yes, you represent all that is civil. So when is Obama going to be responsible for anything? Seriously, tell me. Almost 3 years deep, a Democrat president, first 2 years with complete Democrat control of the House and the Senate for the first time in decades. His spending, his economic policies, his everything. When are you going to stop making excuses? It burns you up that all the gumdrops, rainbows, and unicorns you were promised from this inexperienced hack are not coming to fruition with his Keynesian spending madness. You don't want to admit you were played for a fool by a politician with a silver tongue. When will he be responsible for the economy he presides over? WHEN.
| quote: | Originally posted by pkcRAISTLIN
was certainly a fun bubble. how'd it work out for you? |
I'm doing alright actually, since I don't rely on handouts from government or expect things to be given to me. Anyway, we can bat the tax cuts vs. tax raises thing back and forth forever... I can see you're as stuck to your viewpoint as I am. But cutting taxes does not = government spending and that's all there is too it.
Only in Washington does such mythical accounting fantasy language take place... only there does it make sense to spend more money than you take in... only there is the idea of balancing a budget ridiculous.
Oh, and this... look who is pushing us over the debt being 100% of GDP line that marks a country's inevitable destruction. Not shown on the graph- Obama's spending commitments, if not rolled back, will put our debt at 200% of GDP in 10 years. This is the Tea Party's fault I assume.

This will make your head explode too:

Last edited by The17sss on Aug-01-2011 at 18:06
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Aug-01-2011 17:59
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The17sss
C.R.E.A.M.

Registered: May 2008
Location: Charlotte, NC
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It bears repeating for rage-festering liberals like Nou who live in an ideological cocoon with no actual exposure to real world responsibilities or job/business experience. The fuckin guy is in his 20s, lacks a formal education of any kind, lives in his Aunt's basement or mom's house depending on the month, and tries to lecture those who have actually been there before. Supporting liberal policies are great if you want to feel good, but they are disastrous if you want to DO good. Social programs/entitlement/welfare spending is why we are in this mess, not fucking tax cuts or whatever war he wants to reference; when vote hungry politicians adopt policies that reward people for riding in the wagon and punish those who are pulling the wagon.
For example, this came out today in the Toronto Sun, provides plenty of facts easily and clearly articulating what makes him so wrong (and PKC for that matter on this subject), but he has a narrative to stick to, facts me damned. Perhaps I'm a bit too optimistic, but I'm hoping one day he wakes up and realizes how mistaken he is.
Nou, this is for you (hint: it's a spending problem, not revenue):
| quote: | How did the United States get into this debt mess? President Obama blames both parties, and he’s right. But the real question isn’t who did it, it’s how.
The answer is social programs.
America’s previous debt problems all came from major national emergencies, beginning with the Revolutionary War. The Civil War saw debt skyrocket from $65 million in 1860 to $2.5 billion in 1870; World War I from $2.6 billion in 1910 to $26 billion in 1920; World War II from $43 billion in 1940 to $257 billion in 1950. But when the clearly defined crisis ended, so did the extra spending, and the debt stabilized.
Even the Cold War produced little borrowing; 1960’s $290-billion debt was just 13% higher than in 1950. But then it exploded: $389 billion in 1970; $930 billion in 1980; $3.2 trillion in 1990; $5.7 trillion in 2000; and 2010’s $13.6 trillion.
The best way to gauge the seriousness of government debt, though far from perfect, is by its share of GDP. That measure shows U.S. federal debt staying under 40% even in the Civil War and World War I, rising a bit above it in the Great Depression, spiking in World War II at over 110%, then falling steadily to under 30% by the early 1980s. Then it rebounded and, after a dip in the late 1990s, shot upward. |
A little background for the main point.... followed below by a perfect illustration of the folly you keep spouting without thinking:
| quote: | A “discourse” on the left blames it all on the right. The Toronto Star’s Heather Mallick just blamed this year’s $1.4 trillion deficit on “George W. Bush’s tax cuts and by Barack Obama’s continuing to wage two unwinnable, unaffordable wars and starting a third in Libya”. But it just ain’t so.
Tax cuts cannot be the culprit because the United States does not have a revenue problem. For six decades federal taxes took an average of just under 18% of GDP and, after a sharp recessionary dip, are heading back that way.
The U.S. has a spending problem. From an average of just over 18% of GDP from 1950 to 1974, federal spending rose to an average of 20.8% from 1975 to 2007 then shot up to over 25%. And not on wars: at $666.7 billion in 2010 (about 4.5% of GDP) the military budget is less than half the deficit. Moreover, defence’s share of GDP fell from nearly 15% in the early 1950s to under 10% by 1970 to under 5% by 2000 yet the budget was not on fire in the 1950s or even 1970s.
As Sherlock Holmes says, when you have eliminated the impossible, whatever remains, however improbable, must be the truth. The guilty party is non-defence spending and, more particularly, social programs. |
http://www.torontosun.com/2011/07/2...-us-debt-crisis
More details, facts and figures in the article if you're interested. But I doubt you'll read it, Nou, because such facts don't help further your screeching froth at the mouth agenda. You're one of those sad types who feels good when those who succeed and achieve "get theirs" in the form of wealth confiscation, even if there's no actual benefit to you. A truly pathetic envy-riddled troll you are.
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Aug-01-2011 19:39
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The17sss
C.R.E.A.M.

Registered: May 2008
Location: Charlotte, NC
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| quote: | Originally posted by EddieZilker
Your sources are biased. The Toronto Sun? Seriously, Kevin. Corroborate your position with what can be affirmed as a neutral source or don't have one, at all. There's about a million ways I can find where all of the charts and editorials you've put forth are intellectually disingenuous, and with my dad about to lose his home because of a financial calamity routinely maintained by those who keep saying, "don't tax the job-creators" I'm about in the mood to really start shredding this fallacious narrative you keep invoking. |
Fallacious eh? Like the idea that with about 50% of the population now paying no income tax, increasing taxes on a shrinking number of earners to support a growing number of people on the dole + a growing government is the engine of job creation and economic growth? Nobody is saying don't tax the job creators, we're saying don't tax them any more in these economic conditions. World's highest corporate tax rate? Check. World's highest progressive tax rate? Checkety Check.
I didn't know the St. Louis Federal Reserve was a non-neutral source for data. Don't kill the messenger on the Toronto Sun BTW... they are simply reporting data that MSNBC wouldn't dare. Democrats will never, ever agree to the type of entitlement reform and drunken spending reductions needed to solve our impending Greece scenario until a Greece scenario is actually upon us. It's really that simple. But, see, I'm the hostage taking terrorist.
ps- I feel for your dad, that fucking blows and I genuinely hate to hear that. Hope he works it out man.
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Aug-01-2011 23:25
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Lews
Platipus And Prog Addict

Registered: Feb 2007
Location: Hugging Whales And Saving Trees
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| quote: | Originally posted by The17sss
Fallacious eh? Like the idea that with about 50% of the population now paying no income tax, increasing taxes on a shrinking number of earners to support a growing number of people on the dole + a growing government is the engine of job creation and economic growth? Nobody is saying don't tax the job creators, we're saying don't tax them any more in these economic conditions. World's highest corporate tax rate? Check. World's highest progressive tax rate? Checkety Check.
I didn't know the St. Louis Federal Reserve was a non-neutral source for data. Don't kill the messenger on the Toronto Sun BTW... they are simply reporting data that MSNBC wouldn't dare. Democrats will never, ever agree to the type of entitlement reform and drunken spending reductions needed to solve our impending Greece scenario until a Greece scenario is actually upon us. It's really that simple. But, see, I'm the hostage taking terrorist.
ps- I feel for your dad, that fucking blows and I genuinely hate to hear that. Hope he works it out man. |
So much bullshit in one post I can hardly breathe.
I know a lot of democrats who agree social security needs to be reformed.
Also, we might have the highest tax rates, but our paying tax rates are way fucking lower than that and you know it.
Also also, how much of the population is under the poverty line? How many people are unemployed? How many people are underwater on their houses? They pay plenty of taxes on other things, but clearly a number of people aren't going to be paying income taxes when they're struggling to get by. Now clearly we need to have some tax reform in this country, but throwing out the 50% number is just disingenuous.
Also also also, we're nowhere near a fucking Greece scenario so shut the fuck up.
Over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over over and over and over and over.
___________________
Quarantine Classics Brunello di Montalcino (In Transit) Edition [Progressive Classics] (August 2020)
Quarantine Classics - Puligny-Montrachet Edition [Progressive Classics] (April 2020)
What Is Progressive Anyways? [Progressive House Classics] (November 2019)
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Aug-01-2011 23:32
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Lews
Platipus And Prog Addict

Registered: Feb 2007
Location: Hugging Whales And Saving Trees
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Aug-01-2011 23:33
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