700 billions dollar debt increase is the republican's first goal.

You'd think it might be something other than padding their own pockets, but I guess some things never change. Nobody's watching though, so I'm sure it'll be accomplished.

 

Did you just make that up, or are you going to explain what you are talking about?

STOP WITH THE INSULTS OK

 

The 700 billion dollar debt that the "tax cuts" for the top 2% of income earners will create.

 

What are the two ways to increase tax dollars?

 

The only things the right ever runs on, besides hating gays and loving guns, tax cuts would be one of the staples. Lord knows where else you're headed on the other, but I digress, prey tell what, oh credentialed one?

 

1) Raise Taxes--Democrats believe this solves every problem always
2) Increase total revenues in the economy--More income in the economy means more tax dollars without raising taxes. Republicans believe this is the prudent strategy in a recession. In fact, most Democrats believe it as well but can't agree with it because it would entail agreeing with Republicans.

Sound like anyone you know? Partisanship comes first, even before fixing the economy or the country.

 

Increase revenue by lowering taxes...blah,blah,blah. That's so "special" having no SPECIFIC proposals to actually fix the economy. Lower taxes is the broken record played election after election. Translated....Give us, THE RICH, MORE!

 

Is that your attempt at being an economist? You sound like a complete idiot. I guess now I have to give you credit for consistency.

 

Thanks again Sparky <hiccup>

 

Hey man, you are welcome. Anytime you want me to confirm your idiocy, I would be glad to oblige.

 

When will you learn I Said STOP WITH THE INSULTS

 

I'm not an economist either but I did listen to one on TV the other day. He said that of the 10 methods of creating jobs in this economy that a group of economists looked at, extending the breaks for the wealthy was dead last and would result in about a 40% return on the dollar. There were other methods that returned as much as 150% on the dollar. Which method do you think the Republicans will push for?

 

Just because one economist disagrees with the consensus in the economic community, that doesn't mean the republican strategy is wrong. Furthermore, without disclosing volumes in relation to those percentages, your point is absolutely meaningless. If the 40% return creates 10X as many jobs as the 150% return idea, which one worked better?

 

I'm pretty sure I said a group of economists.

 

I'm pretty sure you said you listened to one. Were these economists that made up this group practicing in the real world, or are they tucked away in academia? It matters!

Do you not have a comment on the substance of my post?

 

How about the 3.2 trillion that those tax cuts for everyone else is going to cost? Both parties agree on that so what is another 700 billion amongst friends.

 

I'll let you know when you actually have a post WITH substance.

 

cut it out ok

 

Well, here we go with the top 2% theory again. Another yawner.

Do you have any idea how broad of a range the Bush tax cuts actually affect? It affects more like the top 50%! It affects just about everybody. Are people making $200k a year in the top 2%? Sure, that sounds like a lot of money but by the time they pay a good 40 to 50% in taxes, these people are NOT rich. This is WITH the Bush tax cuts in place!! Go ahead, let them expire. Then we can really see the SHTF. Retailers think discretionary spending will be down this holiday season?! Just wait!

You've really got to get off this kick Tom. You only come across sounding like the typical, angry, uninformed liberal, just throwing out whatever figures fit your thinking.

Here's some food for thought for you. In the early 20th century, the richest man in America, could use his fortune to pay off the entire national debt if he so chose. This was the guy who started up Carnegie steel. One man. Could pay it all off.

Now? In 2010? You could confiscate 100% of the wealth of the TWO richest men in America, Bill Gates and Warren Buffet, and their ENTIRE FORTUNES would be only enough to cover the INTEREST on the national debt for a few months!!!! You could send the rich people to the poor house and there wouldn't be enough. There's not enough out there to fix what you think can be fixed!

And if they're going to propose this plan, lets start with the entertainers who seem to be immune. I want Obama to tell Beyonce at the next WH concert that she needs to give up the majority of her wealth for the common good. You think that will happen?? No? Because socialism is for everybody else EXCEPT the rich people in the room talking about it? Ahh, now you're learning.

Almost 50% of the country pays NO federal income tax whatsoever, and a large portion of them get money back that they never paid in because of deductions for low income and children!

This is the reality of it. You can go on living in your fantasy world thinking that only the top 2% are benefited by republicans. In the mean time, BILLIONAIRE George Soros will keep donating MILLIONS to YOUR BUDDIES at Media Matters, Tides foundation, and a laundry list of others TO GET DEMOCRATS ELECTED! He spent millions to get John Kerry elected. WHY WHY WHY WHY WHY would a rich man like this who lives for money and power not be all for George W Bush?!?!?!?! Because he's trying to help people like you Tom???? LOL!!! You really need to do some reading. Less posting. More reading. Thanks!

 

Who would you say more desperately needs the cuts and who doesn't? The 98% or the 2%?