Posted on 11/27/2012 7:51:47 AM PST by Qbert
Okay, Dickie. Fiscal cliff now. Tax increases later.
Your move.
Same old Democrat/Liberal/Progressive storyline—”we’ll reduce spending later”. Of course, “later” never comes.
Pray for our country and wisdom (don’t be suckered once again folks) for the Republicans in Congress. We continue to sink deeper and deeper into the abyss!
The check's in the mail and I won't ....
Pubbies believe it and sign on.
ESAD Dick Turban.
Got to hand it to the Rats, their old “tax and spend” has evolved very effectively into “spend and tax”. Now they spend and spend and spend and then take the nation to the brink of ruin to force the taxation.
They build up the Rat-voting parasite class first and then attack the achievers with class envy.
The Iron Triangle of RINOs -Democrats-Liberal Agenda Media has been very powerful in the USA.
The problem for the Iron Triangle is that they have run out of OUR money.
Undaunted, they are now borrowing 40 cents on every dollar spent to keep up the false impression that they are worthy of our continued loyal support.
One idea that the Liberal Agenda Media Elite, or LAME, will never mention is the fundamental difference between government and Business.
In Business, the main concern is profitability, and the imposition of a rigorous profit and loss discipline on all aspects of that business.
In the Federal Government, profit and loss are rarely considered, and when considered, usually ignored.
In government, the Federal Politicians main concerns center around using their definition of Bi-Partisan Compromise to achieve their primary goal of being re-elected.
A Bi-Partisan Compromise to a Democrat means NEVER give up any move to the Left concession agreed to by the Right, and if possible do not do what the Democrats promised to do in the Compromise.
For nearly 80 years now, the Democrats have demanded two steps to the Left, Compromised by agreeing to taking one step to the Right, which then gave them a net one step to the Left EVERY TIME that a Bi-Partisan Compromise was made.
Thus, the US Federal Government has steadily moved always to the Left and with few exceptions almost always with a substantial financial loss.
The supporters of the RINOs have usually been very grateful to their Heros, the RINOs, for not allowing the Democrats to get all that they had at first demanded.
Thus, the RINOs get re-elected for doing a good job, and the RINOs have job security for life.
Hence, we Conservatives must convince the RINO supporters to at least question their blind support of their Republicans In Name Only.
Without the RINOs, the Iron Triangle will become the Iron Bar of the Democrats and LAME, a much easier entity to defeat.
"Same old Democrat/Liberal/Progressive storylinewell reduce spending later. Of course, later never comes."
What the Republicans should do is agree to tax increases on the wealthy now in return for a promise to tackle entitlements at some nebulous time in the future. That way when Jeb Bush (the "only guy who can win...") is running against the next novelty act Dem candidate, the Dems can run 2 Billion worth of ads against him in swing states about how he wants to cut entitlements... (/sarc)
We have to shift the discussion away from taxes to spending. Tax increases on the rich is a lousy 8% of the annual deficit - it's all about spending.
Let's go off the cliff. They won, now we can all suffer. Maybe after paying federal taxes for a while, people will start to understand that government isn't free.
Dysfunctional works for me. Balance of power is to PROTECT the minority; not succumb to the majority.
Correction: Line 5: disciple corrected to discipline.
Sure. We believe you DICK. By the way, how many budgets have you asswipe Demon rats passed the last three years?
Sure. We believe you DICK. By the way, how many budgets have you asswipe Demon rats passed the last three years?
That is what all of this is about, moving the ball toward their goal, marxism.
Cliff or surrender, either way they are going to take us there.
I say give them most of what they want. Tax increases on those making a million or more.......they voted for Obama anyway and kick the can on entitlements. Most traders will see that as the worst possible outcome. Rates will go up stocks down. GDP will lower. If the voters and the dems are unwilling to face reality then only the markets will be able to grind it in their face. The people have smoked the hopium and the repubs are unable to sober them up. Grinding this economy to a halt will.
translation: “fiscal cliff - as it is now - now; entitlements never, unless what you mean are more tax increases”
FUDD
LLS
History and effects
President John F. Kennedy brought up the issue of tax reduction in his 1963 State of the Union address. His initial plan called for a $13.5 billion tax cut through a reduction of the top income tax rate from 91% to 65%, reduction of the bottom rate from 20% to 14%, and a reduction in the corporate tax rate from 52% to 47%. The first attempt at passing the tax cuts was rejected by Congress in 1963.
Kennedy was assassinated in November 1963, and was succeeded by Lyndon Johnson. Johnson was able to achieve Kennedy's goal of a tax cut in exchange for promising a budget not to exceed $100 billion in 1965. The Revenue Act of 1964 emerged from Congress and was signed by Johnson on February 26, 1964.
The stated goal of the tax cuts were to raise personal incomes, increase consumption, and increase capital investments. Evidence shows that these goals were met to some degree by the tax cut. Unemployment fell from 5.2% in 1964 to 4.5% in 1965, and fell to 3.8% in 1966. Initial estimates predicted a loss of revenue as a result of the tax cuts, however, tax revenue increased in 1964 and 1965.
That is the plan we followed for the last four years and the voters were bought off with Obama phones.
I say let them go off the fiscal cliff, and then refuse to raise the national debt limit. Make them hit the wall and sober up while we still have a partial constitution and the national debt is salvageable.
This will rush us to the fork in the road where we have to decide if we will be the USA or Zimbabwe. If we wait much longer we will not have the wherewithal to save ourselves.
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