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Old 01-02-2013, 02:25 PM   #41
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The Bush tax cuts were "bad" because they weren't paid for..
...not because tax cuts are bad by nature...

Get a clue....

"Obama believes that a critical step in restoring fiscal discipline is enforcing pay-as-you-go (PAYGO) budgeting rules which require new spending commitments or tax changes to be paid for by cuts to other programs or new revenue."

http://www.politifact.com/truth-o-me...-budget-rules/

President signed a PAYGO bill, but GOP House changed key Democratic rule
Updated: Thursday, December 20th, 2012 | By Louis Jacobson

Barack Obama's promise to enforce pay-as-you-go -- or "PAYGO” -- budgeting rules was significantly affected by the Republican takeover of the House during the 2010 elections.

A recap: PAYGO rules have existed in different forms, but the general principle is that they require new spending to be balanced by spending cuts, revenue increases or a combination of the two.

One complication affecting this promise is that two separate provisions go by the name PAYGO.

One is a law Obama signed on Feb. 12, 2010 -- the Statutory Pay-As-You-Go Act of 2010. The legislation increased the public debt limit and instituted a new PAYGO statute. The Office of Management and Budget keeps track of new spending and tax law changes. At the end of the year, OMB checks whether spending increases and tax cuts have been offset by spending cuts or tax increases. If not -- and if Congress doesn't act to make offsetting cuts -- there is an automatic across-the-board spending cut
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Old 01-02-2013, 03:26 PM   #42
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Originally Posted by Gatoragman View Post
So if the Bush tax cuts were bad and gave us great deficits now that Obama has extended them twice have they magically become a necessity to the struggling ecomony?
And now they are good?
all it takes is a D next to the politicians name


it's just that simple
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Old 01-02-2013, 04:51 PM   #43
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Get a clue? A tax cut not paid for, where are the spending cuts to "pay for" the tax cuts he just did? Where was the SS cuts to pay for the last couple years of FICA deceases? Talk about get a clue!
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Old 01-02-2013, 05:01 PM   #44
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Paying for your own money? The left's mantra.
Tax cuts will cause growth and revenue will be higher than some pie in the sky promise of future cut in growth, to pay for cuts. It will not happen.
If Bush tax cuts were so bad, why did Obama run to keep the tax cuts? His increase on those making over 400,000 is punitive, appeasing those who have no clue and are spiteful of success. They will add zero to the economy
and in fact hurt it.
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Old 01-02-2013, 05:05 PM   #45
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Originally Posted by jimgata View Post
Paying for your own money? The left's mantra.
Tax cuts will cause growth and revenue will be higher than some pie in the sky promise of future cut in growth, to pay for cuts. It will not happen.
If Bush tax cuts were so bad, why did Obama run to keep the tax cuts? His increase on those making over 400,000 is punitive, appeasing those who have no clue and are spiteful of success. They will add zero to the economy
and in fact hurt it.
If tax cuts are so good, why did the economy go so far South under Bush 2?
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Old 01-02-2013, 05:17 PM   #46
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Why does Obama want to keep the tax cuts?
If tax cuts really tank the economy, Is Obama trying to tank the economy?
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Old 01-02-2013, 07:08 PM   #47
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Bush tax cuts were passed in June of 2001

And im going to take a wild guess and bet that you don't excuse the Obama stimulus following the worst economic meltdown since the Great Depression
Excuse me...dot com and stock market implosion was the original reason for the Bush tax cuts.

And the Obama stimulus was a disaster...because....Obama tried to pick winners and losers. Winners were the unions (both public and private) and green energy companies (bundlers). Losers were all of us who now owe the debt. Had he attempted a stimulus by allowing taxpayers to keep even more of their money, wouldn't have had the backlash.

I do think the "cash for clunkers" program had one benefit. Removed a helluvalot of beaters with Obama-Biden stickers off the road.
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Old 01-02-2013, 08:02 PM   #48
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Originally Posted by jimgata View Post
The left is becoming incapable to honestly make a decision on taxes and spending. They have lost all sense of honesty and refuse to look at facts. Their arguments are based solely on emotion, consequences of their actions be damned. Until a little common sense is used by the left, we are going to suffer even more financially.
Not only that but as the OP shows, their views about the beliefs of those of us on the Right are inaccurate and based on baseless prejudices and phony stereotypes perpetuated from and within the Left and its allies in the mainstream news & entertainment media.
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Old 01-03-2013, 12:54 AM   #49
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Quote:
Originally Posted by gatordowneast View Post
Excuse me...dot com and stock market implosion was the original reason for the Bush tax cuts.

And the Obama stimulus was a disaster...because....Obama tried to pick winners and losers. Winners were the unions (both public and private) and green energy companies (bundlers). Losers were all of us who now owe the debt. Had he attempted a stimulus by allowing taxpayers to keep even more of their money, wouldn't have had the backlash.

I do think the "cash for clunkers" program had one benefit. Removed a helluvalot of beaters with Obama-Biden stickers off the road.
1/3rd of the stimulus was tax cuts.
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