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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Necrosis on July 23, 2011, 06:38:56 PM
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the last three repub presidents, bushs and reagan racked up over two times more debt then all other presidents combined. That is such a criminal thought.
the economic policies of the party do not work, plain and simple.
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And obamas debt?
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In less than two years, Obama spent more than all US presidents in the history of country combined. Without the Republicans taking over the House, he would have spent even more. So your point is what exactly?
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In less than two years, Obama spent more than all US presidents in the history of country combined. Without the Republicans taking over the House, he would have spent even more. So your point is what exactly?
that he knows nothing of the US's problems...
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that he knows nothing of the US's problems...
I mean other than that. :)
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In less than two years, Obama spent more than all US presidents in the history of country combined. Without the Republicans taking over the House, he would have spent even more. So your point is what exactly?
The debt is only up 4 trillion dollars since Obama took office.... So that is entirely incorrect.
The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated.
Has he spent too much, yes... but your statement is incorrect.
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The debt is only up 4 trillion dollars since Obama took office.... So that is entirely incorrect.
The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated.
Has he spent too much, yes... but your statement is incorrect.
Wrong again. :)
Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
Wednesday, September 08, 2010
By Terence P. Jeffrey
(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan.
The U.S. Treasury Department divides the federal debt into two categories. One is “debt held by the public,” which includes U.S. government securities owned by individuals, corporations, state or local governments, foreign governments and other entities outside the federal government itself. The other is “intragovernmental” debt, which includes I.O.U.s the federal government gives to itself when, for example, the Treasury borrows money out of the Social Security “trust fund” to pay for expenses other than Social Security.
At the end of fiscal year 1989, which ended eight months after President Reagan left office, the total federal debt held by the public was $2.1907 trillion, according to the Congressional Budget Office. That means all U.S. presidents from George Washington through Ronald Reagan had accumulated only that much publicly held debt on behalf of American taxpayers. That is $335.3 billion less than the $2.5260 trillion that was added to the federal debt held by the public just between Jan. 20, 2009, when President Obama was inaugurated, and Aug. 20, 2010, the 19-month anniversary of Obama's inauguration.
By contrast, President Reagan was sworn into office on Jan. 20, 1981 and left office eight years later on Jan. 20, 1989. At the end of fiscal 1980, four months before Reagan was inaugurated, the federal debt held by the public was $711.9 billion, according to CBO. At the end of fiscal 1989, eight months after Reagan left office, the federal debt held by the public was $2.1907 trillion. That means that in the nine-fiscal-year period of 1980-89--which included all of Reagan’s eight years in office--the federal debt held by the public increased $1.4788 trillion. That is in excess of a trillion dollars less than the $2.5260 increase in the debt held by the public during Obama’s first 19 months.
When President Barack Obama took the oath of office on Jan. 20, 2009, the total federal debt held by the public stood at 6.3073 trillion, according to the Bureau of the Public Debt, a division of the U.S. Treasury Department. As of Aug. 20, 2010, after the first nineteen months of President Obama’s 48-month term, the total federal debt held by the public had grown to a total of $8.8333 trillion, an increase of $2.5260 trillion.
In just the last four months (May through August), according to the CBO, the Obama administration has run cumulative deficits of $464 billion, more than the $458 billion deficit the Bush administration ran through the entirety of fiscal 2008.
The CBO predicted this week that the annual budget deficit for fiscal 2010, which ends on the last day of this month, will exceed $1.3 trillion.
The first two fiscal years in which Obama has served will see the two biggest federal deficits as a percentage of Gross Domestic Product since the end of World War II.
“CBO currently estimates that the deficit for 2010 will be about $70 billion below last year’s total but will still exceed $1.3 trillion,” said the CBO’s monthly budget review for September, which was released yesterday. “Relative to the size of the economy, this year’s deficit is expected to be the second-largest shortfall in the past 65 years: At 9.1 percent of gross domestic product (GDP), that deficit will be exceeded only by last year’s deficit of 9.9 percent of GDP.”
http://www.cnsnews.com/node/72404
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Well, that's bullshit.
Sorry, but you can check it out on the US debt clock.
My facts are correct... The debt when Obama took office was just over 10 Trillion. Do you disagree?
Oh. Wait... I see what you did.
You just tried to swerve.
Let's see what you said.
You SAID.
In less than two years, Obama spent more than all US presidents in the history of country combined. Without the Republicans taking over the House, he would have spent even more. So your point is what exactly?
THEN
You posted numbers from Washington through REAGAN... Well, look at how many presidents and years you're missing there.
Obama Added More to National Debt in First 19 Months Than All Presidents from Washington Through Reagan Combined, Says Gov’t Data
Wow Beach... You may be an idiot.
So Reagan is the previous President before Obama now?
Really?!
Do you want to retort? I think you should stop while you are already looking foolish.
So NO Beach... YOU are wrong... AGAIN.
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Well, that's bullshit.
Sorry, but you can check it out on the US debt clock.
My facts are correct... The debt when Obama took office was just over 10 Trillion. Do you disagree?
Oh. Wait... I see what you did.
You just tried to swerve.
Let's see what you said.
You SAID.
THEN
You posted numbers from Washington through REAGAN... Well, look at how many presidents and years you're missing there.
Wow Beach... You may be an idiot.
So Reagan is the previous President before Obama now?
Really?!
Oh wow. What a mistake. lol. ::) You want a cookie?
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Oh wow. What a mistake. lol. ::) You want a cookie?
No, you can just say "I was wrong."
I know you hate to do it... So you deflect with the old "cookie" routine.
You really got me there!
::)
(Appropriate use of rolley eyes)
Go on... You can admit you were wrong... Come on... You can do it.
PS... That's about an 8 trillion dollar mistake you made there.
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No, you can just say "I was wrong."
I know you hate to do it... So you deflect with the old "cookie" routine.
You really got me there!
::)
(Appropriate use of rolley eyes)
Go on... You can admit you were wrong... Come on... You can do it.
PS... That's about an 8 trillion dollar mistake you made there.
I'll check my facts. I may have gotten my facts wrong. Or more accurately, relied on stories that are factually incorrect.
But no kudos to you. You're about as accurate as a broken clock.
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I'll check my facts. I may have gotten my facts wrong. Or more accurately, relied on stories that are factually incorrect.
But no kudos to you. You're about as accurate as a broken clock.
I think you got your statement wrong more than anything. Humility is certainly against your nature.
That's not very Christian of you... God would not approve. >:(
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I think you got your statement wrong more than anything. Humility is certainly against your nature.
That's not very Christian of you... God would not approve. >:(
God has a sense humor. He made you. :)
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God has a sense humor. He made you. :)
Funny, I laugh at him right back.
(The idea anyway)
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Ok. I stand corrected. According to this, he accumulated more projected debt than all previous presidents combined.
Obama to have accumulated more debt than ALL previous 43 presidents COMBINED
JULY 10, 2011
by Say It Ain't So
The size of the Obama failed presidency is so enormous that one has trouble getting his or her mind around it.
One way to look at it, though, is by comparing his spending to that of previous presidents.
But, Obama’s spending is so humongous that one has to go back to all the presidents in history – combined!
PolitiFact (h/t Weasel Zippers) — We’re able to calculate the debt figures for the earlier dates using the U.S. Department of Treasury’s “Debt to the Penny” calculator. The future debt amounts come from Office of Management and Budget projections. Because they are projections, they’re subject to change as economic circumstances change, but they are are widely cited among experts. (OMB doesn’t project future debt to specific dates, only to the end of future fiscal years, so that’s why our ending dates are only at the end of fiscal years.)
Here are the debt totals accumulated during the three periods we listed above:
End of fiscal year 2008, when the accrued debt under the 43 presidents was $5.851 trillion, to the end of fiscal 2012, when the debt is projected to reach $11.881 trillion. Yes, more than the previous 43 presidents.
Obama inauguration, when the accrued debt was $6.307 trillion, to the end of fiscal year 2013, when the debt is projected to reach $12.784 trillion. Yes, more than the previous 43 presidents.
End of fiscal year 2009, when the accrued debt was $7.506 trillion, to end of fiscal year 2013, when the debt is projected to reach $12.784 trillion. No, not as much as the previous 43 presidents.
Over the first two scenarios above, the debt more than doubled from the starting point (which reflects the debt under the prior 43 presidents) to the ending point. So in these two scenarios, Romney is right — Obama accumulated more debt than the previous 43 presidents combined. But for the third scenario, the debt didn’t double, so Romney would be wrong. This exercise is a testament to the fact that small changes in assumptions can produce big differences in outcomes.
http://quitenormal.wordpress.com/2011/07/10/obama-to-have-accumulated-more-debt-than-all-previous-43-presidents-combined/
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Bump for Beach Fag not knowing what the hell he's talking about.
PS... Obama needs to cut spending and increase revenue.
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And he is a moderator on top of top...ridicilous
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Obamas spending dwarfs anything we have seen.
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You guys are missing one very important point, the POTUS can't spend a dime without congress.The POTUS changes every 4 to 8 years, but we have congressmen who have spent their whole adult life in congress, hell some of the die of old age in office. That right there is the root of the problem.
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Most of Bushs' bad stuff came once Pelos and the dems took over in 2006. If you look at any chart, that is when everything started falling apart, on all levels.
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The republicans have the majority in congress right?
So no more spending should be approved correct?
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The republicans have the majority in congress right?
So no more spending should be approved correct?
No, they have one chamber of one house in congress.
The spending is the reason for the impasse over the budget debt ceiling.
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No, they have one chamber of one house in congress.
The spending is the reason for the impasse over the budget debt ceiling.
Cool thanks
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The debt is only up 4 trillion dollars since Obama took office.... So that is entirely incorrect.
The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated.
Has he spent too much, yes... but your statement is incorrect.
Only $4 trillion? Let's write that out: $4,000,000,000,000!! Assuming 300 million people in the US, Obama has slapped every man, woman, and child with a bill of $13,333 in two years in office.
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obama could care less.
He is intent on collapsing this nation and I am more confident of that today than ever. He does not care.
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Only $4 trillion? Let's write that out: $4,000,000,000,000!! Assuming 300 million people in the US, Obama has slapped every man, woman, and child with a bill of $13,333 in two years in office.
Dude... I'm not saying it's "only" 4 trillion in relation to it not being a huge number.
I'm saying it's "only" 4 trillion as compared to 10 trillion, which would be just as much as all previous presidents combined.
Don't get it twisted.
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Dude... I'm not saying it's "only" 4 trillion in relation to it not being a huge number.
I'm saying it's "only" 4 trillion as compared to 10 trillion, which would be just as much as all previous presidents combined.
Don't get it twisted.
4 Trillion over 2 years vs. 10 trillion over 8 years, most of which came with pelosi and reid. Do the math.
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4 Trillion over 2 years vs. 10 trillion over 8 years, most of which came with pelosi and reid. Do the math.
That 10 trillion was actually more like 28 years.
I'm not saying it's NOT Pelosi and Reid at fault as well.
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It's a horrid spending pace. Just when you thought we couldn't do worse than Bush, Obama's spending at 3× the pace of Bush. If Boehner holds his ground, he will change the course of history.
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It's a horrid spending pace. Just when you thought we couldn't do worse than Bush, Obama's spending at 3× the pace of Bush. If Boehner holds his ground, he will change the course of history.
Correct. Imagine how much more out of control spending we would be dealing with if the Republicans had not taken over the House.
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Correct. Imagine how much more out of control spending we would be dealing with if the Republicans had not taken over the House.
There is is simply no limit to the voracious appetite of the far left commie filth in what they will demand and steal from taxpayers.
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It's a horrid spending pace. Just when you thought we couldn't do worse than Bush, Obama's spending at 3× the pace of Bush. If Boehner holds his ground, he will change the course of history.
He will not hold his ground... Remember what happened in 94 under Clinton?
This looks to be an exact repeat.
Besides... Isn't the debt ceiling about money we have ALREADY spent, not about money we are going to spend?
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He will not hold his ground... Remember what happened in 94 under Clinton?
This looks to be an exact repeat.
Besides... Isn't the debt ceiling about money we have ALREADY spent, not about money we are going to spend?
Boehner already won w the Reid plan that Obama the Wrecking Ball rejected.
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Boehner already won w the Reid plan that Obama the Wrecking Ball rejected.
According to many reports, the Obama plan (or lack there of) has more cuts in it than Reid's but also includes some tax loopholes being closed thereby generating more revenue.
That's just what I've been reading and hearing about... Do you disagree with that assessment?
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According to many reports, the Obama plan (or lack there of) has more cuts in it than Reid's but also includes some tax loopholes being closed thereby generating more revenue.
That's just what I've been reading and hearing about... Do you disagree with that assessment?
Yes, obama does not have a plan.
He has never proposed a plan, has no plan, has no intention of ever proposing a plan, and is there solely to create havoc.
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again the fact is that the bushs and reagan have increased the debt more then all other presidents combined. What is so hard to understand about this fact, they cummulatively accounted for 13.75 trillion in debt when their terms are combined.
The last good president was clinton.
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again the fact is that the bushs and reagan have increased the debt more then all other presidents combined. What is so hard to understand about this fact, they cummulatively accounted for 13.75 trillion in debt when their terms are combined.
The last good president was clinton.
Yeah, signing NAFTA, GAT, and repealing Glass Steagal was awesome for us!
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He will not hold his ground... Remember what happened in 94 under Clinton?
This looks to be an exact repeat.
Besides... Isn't the debt ceiling about money we have ALREADY spent, not about money we are going to spend?
I don't have a lot of confidence in politicians holding their ground, but this time is a little different. The Tea Party Republicans in the House aren't going to pass an increase in the debt ceiling without equal spending cuts and no new taxes. If Obama can't play the fear card, he's out of ammunition.
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Yeah, signing NAFTA, GAT, and repealing Glass Steagal was awesome for us!
you cannot divide particular acts and forget the whole, this cannot be a reductionist approach. If thats how you view things then i guess you're an easy target for propaganda.
For example
http://www.politicususa.com/en/jp-morgan-middle-class?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+politicususa%2FfJAl+%28Politicus+USA+%29
In a recent report in a JP Morgan memo to their investors from Michael Cembalest, the chief investment officer he says, “US labor compensation is now at a 50-year low relative to both company sales and US GDP.” Cembalest continues to explain why corporate profits are so strong while the rest of the working class are feeling the pinch, “reductions in wages and benefits explain the majority of the net improvement in margins.” 75% of the increase in profit margins directly correlate with the reduction in workers’ wages.
its obvious they are raping the middle class, why are you guys doing nothing about it is my question. The rich are being protected, have actually gotten richer through the recession and continue to thrive.
http://www.commondreams.org/view/2011/07/25-0
you are being gutted
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Commondreams? LMAO!
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http://www.forbes.com/fdc/welcome_mjx.shtml
great shit.
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what part of 71% of americans disagree with the gops handling of the debt issue to the repubs not understand.
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its obvious they are raping the middle class, why are you guys doing nothing about it is my question. The rich are being protected, have actually gotten richer through the recession and continue to thrive.
So you believe it's better to tax the rich to death and redistribute their wealth than to tax them fairly and encourage new business? You do realize that the rich get richer because they have options, and increasing their tax rate does nothing to bring in additional revenue. When was the last time you worked for a poor person?
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So you believe it's better to tax the rich to death and redistribute their wealth than to tax them fairly and encourage new business? You do realize that the rich get richer because they have options, and increasing their tax rate does nothing to bring in additional revenue. When was the last time you worked for a poor person?
You can't use that argument though... They are taxed the least they ever have been yet UE is climbing?
So obviously they are not using their lower taxes to create new business or hire new people.
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You can't use that argument though... They are taxed the least they ever have been yet UE is climbing?
So obviously they are not using their lower taxes to create new business or hire new people.
Again - the top 1% are not the issue!
Small business typically is responsible for 75% of new hiring in the economy. Those are not the jet owners and fat cats obama lies about. they are the small plumbing outfit, the local diner, etc.
Obama's policies are destroying the main street economy by the day. i dont know how many more times I can explain this this.
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So you believe it's better to tax the rich to death and redistribute their wealth than to tax them fairly and encourage new business? You do realize that the rich get richer because they have options, and increasing their tax rate does nothing to bring in additional revenue. When was the last time you worked for a poor person?
i didn't say that at all, where did i, its either you hope to deliberately misrepresent me or your reading comprehension is poor, perhaps a little of both?
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Again - the top 1% are not the issue!
Small business typically is responsible for 75% of new hiring in the economy. Those are not the jet owners and fat cats obama lies about. they are the small plumbing outfit, the local diner, etc.
Obama's policies are destroying the main street economy by the day. i dont know how many more times I can explain this this.
What new taxes has Obama levied against those people?
None... yet they are not hiring either... So what policies are you upset about?
You think it's all because of the Healthcare Bill?
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Again - the top 1% are not the issue!
Small business typically is responsible for 75% of new hiring in the economy. Those are not the jet owners and fat cats obama lies about. they are the small plumbing outfit, the local diner, etc.
Obama's policies are destroying the main street economy by the day. i dont know how many more times I can explain this this.
this is not true, look at how many people the richest 400 people employ, it contradicts your claim. Allowing those making over 250gs to continue with the tax breaks and then having the highly rich pay only 18% is raping your economy, they dont create jobs. However, they create far more jobs then small buisness, this is a fact. Look at the data.
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What new taxes has Obama levied against those people?
None... yet they are not hiring either... So what policies are you upset about?
You think it's all because of the Healthcare Bill?
Absolutely false.
1. ObamaCare is a massive tax. Its a nightmare and a disaster of epic measure.
2. Inflation tax. Yes, inflation is a tax that kills purchasing power of businesses and consumers. Obama is directly responsible for MASSIVE inflation in energy, food, commodities, and a huge loss in purshasing power of the dollar.
3. Regulatory uncertainty. as the details of Dodd Frank come out, there are more and more stories of small businesses who cant get any financing as a result of this bill. I have heard from two mortrgage broker friends this week alone as to the absolute disaster this bill is. Its beyond horrific and collapsing credit to main street.
you want more?
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Absolutely false.
1. ObamaCare is a massive tax. Its a nightmare and a disaster of epic measure.
2. Inflation tax. Yes, inflation is a tax that kills purchasing power of businesses and consumers. Obama is directly responsible for MASSIVE inflation in energy, food, commodities, and a huge loss in purshasing power of the dollar.
3. Regulatory uncertainty. as the details of Dodd Frank come out, there are more and more stories of small businesses who cant get any financing as a result of this bill. I have heard from two mortrgage broker friends this week alone as to the absolute disaster this bill is. Its beyond horrific and collapsing credit to main street.
you want more?
since it's impossible to get you to admit anything, apparently they can do no wrong, are the rich who no enjoy the lowest taxes in 50 years with the most profits ever job creators? if so, why has the economy went in the shitter since this implementation.
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i didn't say that at all, where did i, its either you hope to deliberately misrepresent me or your reading comprehension is poor, perhaps a little of both?
You said the rich are being protected. I assume you mean protected from taxes? Trying to collect more won't work.
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Are you playing dumb on purpose?
The bush tax cuts did not lead to the crash in 2008.
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Absolutely false.
1. ObamaCare is a massive tax. Its a nightmare and a disaster of epic measure.
2. Inflation tax. Yes, inflation is a tax that kills purchasing power of businesses and consumers. Obama is directly responsible for MASSIVE inflation in energy, food, commodities, and a huge loss in purshasing power of the dollar.
3. Regulatory uncertainty. as the details of Dodd Frank come out, there are more and more stories of small businesses who cant get any financing as a result of this bill. I have heard from two mortrgage broker friends this week alone as to the absolute disaster this bill is. Its beyond horrific and collapsing credit to main street.
you want more?
First of all, I said the healthcare bill... So you can't use that.
The other two are certainly not bills or policies directly... They may be a by product of the economy, but they are certainly not taxes levied.
So again, aside from the healthcare bill, what other taxes have been levied.
I'm not an Obama fan... You know this, but I'm trying to understand what taxes have been levied that are causing businesses to not hire people.
As someone who is pretty familiar with business and small business included, people are hired to do the job that needs to get done... No more, and no less.
If a small business can hire 5 people to do the job, they will not hire 10. They also will not "refuse to hire" people just because of the healthcare bill.
Yes, it's definitely causing some ripples, but it's still not causing businesses to NOT hire people.
Now... I ask the original question again... In all seriousness... What TAXES have been levied against those people to cause them to NOT hire people.
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Inflation is a tax. I will bump a thread I hope you read. It is a policy in of itself.
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Inflation is a tax. I will bump a thread I hope you read. It is a policy in of itself.
How does Obama directly cause inflation though... It's definitely not through a levied tax.
Taxes are a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.
How is this a "tax"?
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How does Obama directly cause inflation though... It's definitely not through a levied tax.
Taxes are a compulsory contribution to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.
How is this a "tax"?
Read the thread. inflation is a way to tax people without telling them as much.
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Read the thread. inflation is a way to tax people without telling them as much.
I did read it... And I see what it means, however, I don't see it as a "tax" perse... If you don't want something, you don't have to buy it.
Therefore, a good is only as taxable as you're willing to pay for it.
That's not really a "tax".
Taxes are forced upon you... You have no choice in the matter.
None the less... I do see your point, however, if you look at the data.
The highest years where there were large surges in inflation were 2005, 2006, and 2008.
You can see it on the chart here: http://www.fintrend.com/inflation/Inflation_Rate/CurrentInflation.asp
So, how do you blame 2005 and 2006 on Obama or the Democrats? Didn't the Republicans have both houses and the presidency at those times?
Which makes me ask again, how have taxes that Obama has levied caused small businesses to not hire?
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I did read it... And I see what it means, however, I don't see it as a "tax" perse... If you don't want something, you don't have to buy it.
Therefore, a good is only as taxable as you're willing to pay for it.
That's not really a "tax".
Taxes are forced upon you... You have no choice in the matter.
None the less... I do see your point, however, if you look at the data.
The highest years where there were large surges in inflation were 2005, 2006, and 2008.
You can see it on the chart here: http://www.fintrend.com/inflation/Inflation_Rate/CurrentInflation.asp
So, how do you blame 2005 and 2006 on Obama or the Democrats? Didn't the Republicans have both houses and the presidency at those times?
Which makes me ask again, how have taxes that Obama has levied caused small businesses to not hire?
TU - I like you.
But . . . you need to read Creature from Jekyll Island and learn more about this issue.
Inflation is the tool of con men and theives like Obama Bush Bernake etc to steal your money while blaming others.
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TU - I like you.
But . . . you need to read Creature from Jekyll Island and learn more about this issue.
Inflation is the tool of con men and theives like Obama Bush Bernake etc to steal your money while blaming others.
I'm not blaming anyone... I'm just being honest man.
I don't understand how Obama's tax policy is causing this stuff, when on no level has he changed any tax policy, and the highest years of inflation by month were before he took office or was even a rumor.
That's all.
Is inflation bad? Yes... Do I like it? No.
Do I think it's a tax, not exactly, however, I'll go with you with the premise it is... So, let's say it is a tax... What did Obama do in 2005 and 2006 to tax people more and cause this lack of employment due to taxes?
That's all I'm asking... So far, I'm not seeing it as an Obama policy issue at all.
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this is not true, look at how many people the richest 400 people employ, it contradicts your claim. Allowing those making over 250gs to continue with the tax breaks and then having the highly rich pay only 18% is raping your economy, they dont create jobs. However, they create far more jobs then small buisness, this is a fact. Look at the data.
Small business does create jobs. So does big business. If you increase the cost of doing business, either by raising taxes or adding unnecessary regulation, it not only hurts employees, it hurts consumers. It interferes with the ability to hire new employees, increase salaries, pay bonuses, etc. It increases the cost of goods and services to consumers, because any time government increases the cost of doing business, those costs are passed along to us.
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Small business does create jobs. So does big business. If you increase the cost of doing business, either by raising taxes or adding unnecessary regulation, it not only hurts employees, it hurts consumers. It interferes with the ability to hire new employees, increase salaries, pay bonuses, etc. It increases the cost of goods and services to consumers, because any time government increases the cost of doing business, those costs are passed along to us.
no it doesn't what economic theory are you reciting? demand creates jobs, no corporation will hire 20 people to do a job that 10 can do and to increase the profit margin they will keep salaries low, and try to avoid hiring unecessary workers. GE paid NO taxes, lol a multi billion dollar corporation, where do you think the profits went? did the salaries of the workers increase? was there a surge in new jobs? demand creates jobs, economics is based on this basic principle.
NO TAXES FOR GE, yet job growth in the company was zilch and the average salary remained the same of tended towards reduction, you are enjoying fantasy economics.
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no it doesn't what economic theory are you reciting? demand creates jobs, no corporation will hire 20 people to do a job that 10 can do and to increase the profit margin they will keep salaries low, and try to avoid hiring unecessary workers. GE paid NO taxes, lol a multi billion dollar corporation, where do you think the profits went? did the salaries of the workers increase? was there a surge in new jobs? demand creates jobs, economics is based on this basic principle.
NO TAXES FOR GE, yet job growth in the company was zilch and the average salary remained the same of tended towards reduction, you are enjoying fantasy economics.
And why does GE pay no taxes? Because of the fucked up tax code the government created. Funny how they come out and complain, but apparently everything GE has done is perfectly legal.
The problem is not with business, it is with the asshats in DC who are for sale to the highest bidder
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And why does GE pay no taxes? Because of the fucked up tax code the government created. Funny how they come out and complain, but apparently everything GE has done is perfectly legal
sure, im not blaming them its a perfect description of what buisness is about, the bottom line. Why would they pay taxes unless they have to? it is lost revenue that doesn't benefit them, hence the reason government has to change this fucked up system.
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sure, im not blaming them its a perfect description of what buisness is about, the bottom line. Why would they pay taxes unless they have to? it is lost revenue that doesn't benefit them, hence the reason government has to change this fucked up system.
And how is that going to happen? Politicians don't care about the welfare of the US or its citizens, all they care about is keeping power. A good first step would be term limits for congress, but that will happen right after hell freezes over.
We have 2 majors problems in the US
1) Politicians (not leaders) who only server to benefit themselves
2) Far to many citizens that would rather sit on their ass an collect a tax payer funded government check
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Definatly term limits, flat tax no deductions, and balanced budget amendment.
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no it doesn't what economic theory are you reciting? demand creates jobs, no corporation will hire 20 people to do a job that 10 can do and to increase the profit margin they will keep salaries low, and try to avoid hiring unecessary workers. GE paid NO taxes, lol a multi billion dollar corporation, where do you think the profits went? did the salaries of the workers increase? was there a surge in new jobs? demand creates jobs, economics is based on this basic principle.
NO TAXES FOR GE, yet job growth in the company was zilch and the average salary remained the same of tended towards reduction, you are enjoying fantasy economics.
Businesses pay billions in taxes. I posted an article here that talks about them: http://www.getbig.com/boards/index.php?topic=124722.100
The article points out that Walmart paid $7.1 billion, Exxon paid $15 billion, Chevron paid $18.5 billion, ConocoPhillips paid $ 5 billion, etc., etc. So this infatuation with GE as some representative example of business taxes is a bunch of bull.
Demand definitely creates jobs, but you must have a product or service. The product or service is provided by a business. The business thrives based on profits and losses. Profits and losses are greatly impacted by the cost of doing business. Increasing the cost of doing business is bad for business, employees, and consumers, for the reasons I've already stated.
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In less than two years, Obama spent more than all US presidents in the history of country combined.
Do you think the next president, if he/she is republican, will suddenly to back to a surplus in a year? Obama inherited an avalanche and kept on screaming for more snow. Not sure the next chum will be able to do much different.
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Do you think the next president, if he/she is republican, will suddenly to back to a surplus in a year? Obama inherited an avalanche and kept on screaming for more snow. Not sure the next chum will be able to do much different.
Whats with this inherited bullshit? Was Obama not the junior senator from IL? Does congress control the money? You expect me to believe that Obama had no idea what was going on with the deficit? If that is the case then he was as useless as a senator as he is as POTUS
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How do you create demand when you steal 50 percent of someones' wages?
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Do you think the next president, if he/she is republican, will suddenly to back to a surplus in a year? Obama inherited an avalanche and kept on screaming for more snow. Not sure the next chum will be able to do much different.
Obama inherited a mess and made it worse.
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Obama supported every single policy that that led us to this.
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Whats with this inherited bullshit? Was Obama not the junior senator from IL? Does congress control the money? You expect me to believe that Obama had no idea what was going on with the deficit? If that is the case then he was as useless as a senator as he is as POTUS
Bush never vetoed a single spending bill in 8 years.
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Obama inherited a mess and made it worse.
agreed 100%.
now, if only we agreed upon the fact it's not perverted to bang 18 year olds...
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And how is that going to happen? Politicians don't care about the welfare of the US or its citizens, all they care about is keeping power. A good first step would be term limits for congress, but that will happen right after hell freezes over.
We have 2 majors problems in the US
1) Politicians (not leaders) who only server to benefit themselves
2) Far to many citizens that would rather sit on their ass an collect a tax payer funded government check
True. Too many corrupt politicians in DC.
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agreed 100%.
now, if only we agreed upon the fact it's not perverted to bang 18 year olds...
The issue is a 56 year old politician banging the 18 year old daughter of a donor. But hey if you want to have sex with teenage girls, knock yourself out. ::)
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At the yankee game. Mofo rain.
As for obama - he surpported fanny freddy buying and bundling crap loans, supported tarp and talf, supported bail outs, supported crazy spending, etc
So to say he is blameless in this is pure bullshit.
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Bush never vetoed a single spending bill in 8 years.
And what exactly does that have to do with Obama playing dumb on the fiscal situation of the US? Here let me give you a hint, not one fucking thing.
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Definatly term limits, flat tax no deductions, and balanced budget amendment.
I actually heard a Democrat politician being interviewed this morning saying a balanced budget amendment was a bad idea. While he was talking, Fox ran the debt clock in a split screen. Pretty funny. :)
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The issue is a 56 year old politician banging the 18 year old daughter of a donor. But hey if you want to have sex with teenage girls, knock yourself out. ::)
haha I will be honest, I don't think i could stomach the level of conversation that an 18 yearolf could deliver. The latest plot of Jersey Shore... i'd rather beat it and stay home.
So it's not my cup of tea - but I am not one to hate on others who wish to engage. You still haven't asked what is the cutoff for # of years between consenting adults in order NOT to be perverted.
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haha I will be honest, I don't think i could stomach the level of conversation that an 18 yearolf could deliver. The latest plot of Jersey Shore... i'd rather beat it and stay home.
So it's not my cup of tea - but I am not one to hate on others who wish to engage. You still haven't asked what is the cutoff for # of years between consenting adults in order NOT to be perverted.
Yes, I did. I told you to use your own common sense. What I do know is a 56 year old politician banging the teenage daughter of a donor is a pervert. That's just my opinion. You are free to disagree.
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Yes, I did. I told you to use your own common sense. What I do know is a 56 year old politician banging the teenage daughter of a donor is a pervert. That's just my opinion. You are free to disagree.
Most hetero sexual males do.
At least that's what my follow up thread (which you know you've read) shows.
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Most hetero sexual males do.
At least that's what my follow up thread (which you know you've read) shows.
What follow-up thread are you talking about Mohammad?
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What follow-up thread are you talking about Mohammad?
http://www.getbig.com/boards/index.php?topic=389702.0
This one... The one where almost EVERYONE agrees that it's fine.
You're just gay. We get it.
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I find it highly disturbing that in your mind sex with a legal adult is the same as being a pedophile.
HIGHLY disturbing.
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I told you to use your own common sense.
Wow... so you know it when you see it, but can't define it. Gotcha!
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At the yankee game. Mofo rain.
totally obama's fault.
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http://www.getbig.com/boards/index.php?topic=389702.0
This one... The one where almost EVERYONE agrees that it's fine.
You're just gay. We get it.
Did not see it. Did not read it. But you drive on Mohammad. Just remember, eleventh grade and up and you should be ok. :)
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Wow... so you know it when you see it, but can't define it. Gotcha!
Yeah. That's sort of how that whole common sense thing works.
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Yeah. That's sort of how that whole common sense thing works.
Common sense tells me that the Earth is not really only 6,000 years old.
yet some people still believe it.
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Did not see it. Did not read it. But you drive on Mohammad. Just remember, eleventh grade and up and you should be ok. :)
Of course you won't read it, because you'll look like an idiot.
According to you, I'm an islamist kiddy diddler... Wow... Those are some pretty nasty assertions Mark.
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Common sense tells me that the Earth is not really only 6,000 years old.
yet some people still believe it.
Common sense tells people we landed on the moon, but some people think it's a conspiracy.
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Of course you won't read it, because you'll look like an idiot.
According to you, I'm an islamist kiddy diddler... Wow... Those are some pretty nasty assertions Mark.
Hey don't start none won't be none. :)
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Of course you won't read it, because you'll look like an idiot.
According to you, I'm an islamist kiddy diddler... Wow... Those are some pretty nasty assertions Mark.
Personally, i don't find 18 year olds to be sexually attractive. part of the attraction comes from their mental challenge, level of conversation, etc. Common experiences.
I just don't see the need to condemn 2 legal adults as perverts because they wanna get naked. I mean, they're having sex while we're posting on a bodybuilding message board - something they might see as perverted.
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Hey don't start none won't be none. :)
I gotta admit, I don't get in a tiff over what some idiot on the internet says, but if you said that to my face, I'd surely punch you in the mouth.
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Common sense tells people we landed on the moon, but some people think it's a conspiracy.
we went there, no denying that. It's the whole actual landing thing which raises some questions.
That has nothing to do with this thread on debt and the whole perverted sex thing.
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I gotta admit, I don't get in a tiff over what some idiot on the internet says, but if you said that to my face, I'd surely punch you in the mouth.
why did Bb call you mohammed?
But you drive on Mohammad.
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why did Bb call you mohammed?
He is inferring that Mohammed was a kiddy diddler... therefore because I think having sex with an 18 year old is ok... I am one as well.
Makes tons of sense doesn't it?
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we went there, no denying that. It's the whole actual landing thing which raises some questions.
That has nothing to do with this thread on debt and the whole perverted sex thing.
LOL. So you've given up the moon landing conspiracy?
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that he knows nothing of the US's problems...
I'm totally not the one to give Obama a break on any of this shit, but I'm also curious as to why you are so willing to blame it ALLLL on Obama. Actually, many of you seem super-fucking-hyped to the max in blaming this all on Obama. REALLY?
I think there is a little more to the whole picture than that....
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I gotta admit, I don't get in a tiff over what some idiot on the internet says, but if you said that to my face, I'd surely punch you in the mouth.
Yawn. ::) Don't start calling people names, unprovoked, and act like a big sissy when they respond. I usually ignore the personal attacks, including most of yours, but if I feel like responding I will. I could care less if that upsets you. Like I said, if you don't want to engage in that kind of crap, then don't start it.
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Hugo - its about where we are going, not where we have been.
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Yawn. ::) Don't start calling people names, unprovoked, and act like a big sissy when they respond. I usually ignore the personal attacks, including most of yours, but if I feel like responding I will. I could care less if that upsets you. Like I said, if you don't want to engage in that kind of crap, then don't start it.
Of course you don't care... You are anonymous internet persona Mark, I however am not at all.
I can't believe you are a mod of this area... You have barely a clue what you are talking about and when you are found to be flat out wrong, you simply ignore the post.
You're like the 5 year old who simply takes his ball and goes home when he doesn't get what he wants.
Like I said, "Mr. Yawn". I don't care what you say, it's the internet, you can say whatever you want, but you do know full well you would never say that to my face.
So by all means, please continue, you lose more credibility every minute.
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Hugo will blame Bush...we'll talk about the bad home loans and the laws the dems changed in the 90's. Hugo could blame Reagan...I'll blame Carter...3's point is that Obama was supposed to be "fixing" things and he's made it worse. Hence right now it's all his fault. Only a pussy would blame everybody else...thats our job, the boss does not have that luxury.
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If debt and chaotic spending was bad under bush, how is it ok when obama triples down on the same bullshit bush was criticized for doing? Hhhhhmmmmm? ? ?
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(http://si.wsj.net/public/resources/images/ED-AN912_1downg_G_20110714192702.jpg)
'Nuf said.
The Axis of Evil (Odumbo, Piglosi, Dingy Reid) make Bush look like he's in the minors.
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If debt and chaotic spending was bad under bush, how is it ok when obama triples down on the same bullshit bush was criticized for doing? Hhhhhmmmmm? ? ?
It is not.
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Of course you don't care... You are anonymous internet persona Mark, I however am not at all.
I can't believe you are a mod of this area... You have barely a clue what you are talking about and when you are found to be flat out wrong, you simply ignore the post.
You're like the 5 year old who simply takes his ball and goes home when he doesn't get what he wants.
Like I said, "Mr. Yawn". I don't care what you say, it's the internet, you can say whatever you want, but you do know full well you would never say that to my face.
So by all means, please continue, you lose more credibility every minute.
No, I don't care. This is not real life. I'll continue to say whatever the heck I want. If you want to stick to the issues, that's fine, and that's my preference. If you want to continue to initiate unprovoked personal attacks, don't cry like a woman if I respond. (I usually wont.)
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No, I don't care. This is not real life. I'll continue to say whatever the heck I want. If you want to stick to the issues, that's fine, and that's my preference. If you want to continue to initiate unprovoked personal attacks, don't cry like a woman if I respond. (I usually wont.)
Haha... You attacked first.
1. Not very Christian
2. Not very mod-like.
You are such a hypocrite. Not shocking... Do you watch Fox News?
You know the age difference between he and his wife? How could you support such a "pervert"?!?!
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Haha... You attacked first.
1. Not very Christian
2. Not very mod-like.
You are such a hypocrite. Not shocking... Do you watch Fox News?
You know the age difference between he and his wife? How could you support such a "pervert"?!?!
O Rly? Go back to the Democrat Misdeeds thread and read again. :)
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The guy is a perv. Who dresses like that?
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O Rly? Go back to the Democrat Misdeeds thread and read again. :)
You got your panties in a bunch because I called you judgmental? That's all it took... Haha... whatever dude.
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The guy is a perv. Who dresses like that?
Giuliani? :-X
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You got your panties in a bunch because I called you judgmental? That's all it took... Haha... whatever dude.
Yeah, whatever. :)
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Still sitting in the rain. Good thing I downed a six pack as well as a ton a vodka beforehand.
Game time 9pm. Fuck.
As for obama - fuck him - he is part of the problem, not the solution.
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Still sitting in the rain. Good thing I downed a six pack as well as a ton a vodka beforehand.
Game time 9pm. Fuck.
As for obama - fuck him - he is part of the problem, not the solution.
Unless you are ready to revolt, I don't think any of them are part of the solution.
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Unless you are ready to revolt, I don't think any of them are part of the solution.
i think 33 might be ready for it. maybe not to start it... but methinks if it did start, his d**k would be hard for some trigger time.
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Obama: “We Can’t Just Close Our Deficits By Cutting Spending”
(CNS News) — President Barrack Obama today said that the federal deficit and the national debt could not be reduced solely “by cutting spending.”
During a speech at the National Council of La Raza (NCLR) Conference in Washington, D.C., the president said, “If we don’t address the debt that’s already on our national credit card, it will leave us unable to invest in things like education, to protect vital programs. So I’ve already said I’m willing to cut spending that we don’t need by historic amounts to reduce our long-term deficit — make sure that we can invest in our children’s future.”
“I’m willing to take on the rising costs of health care programs like Medicare and Medicaid to make sure that they’re strong and secure for future generations,” he said. “But we can’t just close our deficits by cutting spending. That’s the truth and Americans understand that.”
http://www.cnsnews.com/news/article/obama-we-can-t-just-close-our-deficits-c
HAHAHAHAHAHAHAHAHAHAHAHA HAHAHAHA! This guy is so fucking clueless that it's getting to be too much. Every time he talks I picture a Greek tragedy unfolding.
Act 3: Enter Obama, stage right.
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So again - more spending.
This man is fucking warped and cracked in the head.
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So again - more spending.
This man is fucking warped and cracked in the head.
It's funny how quickly his legion of dicksuckers forget that the budget this dipshit proposed would actually increase the deficit to $20 trillion within the next 5-10 years. The same budget that was rejected 97-0 by the democrat-controlled SENATE.
Hahahaha. Flop, flop, flop. That's the democrats/leftists flopping around on the deck like a fish out of water.
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Every time I listen to him speak now he reeks of incompetence.