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Topic: The truth, From the mouths of progressives< Next Oldest | Next Newest >
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BillBab Search for posts by this member.

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PostIcon Posted on: Dec. 10 2012, 7:01 am  Skip to the next post in this topic. Ignore posts   QUOTE

Everyone needs to pay more taxes

So we can keep spending ...and spending....and...you know...spending :laugh:

http://www.realclearpolitics.com/video....ch.html

The best part about this whole fiscal cliff....is that it points out that the current tax rates were a reduction for eveyone that actually paid taxes....not just the "rich"


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"Asking liberals where wages and prices come from is like asking six-year-olds where babies come from."

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PostIcon Posted on: Dec. 10 2012, 8:12 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

You know this is what is being talked about when people say the right wing deluded itself that it was going to win the election.

It's a bunch of losers scraping the barrel of the Internet to try and find something that supports their view in the hope of justifying their own failed extremism.

You are the perfect example of the giant fail that is the America right Babb. You're not even bright enough to have learned a lesson from November.
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PostIcon Posted on: Dec. 10 2012, 11:08 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

I guess we'll have to have a discussion in ten years when our debt is 24 trillion and our money near worthless.  Let's just see how it goes and then decide who was right.  Some will blame Obama, some GW, some congress, some democrats, some republicans.  But the truth is we'll all be in the stew together.  We are passed the point of no return.   Eeyore.

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PostIcon Posted on: Dec. 10 2012, 12:43 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

http://www.american.com/archive....ax-cuts

Evidently...I am not alone


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"Asking liberals where wages and prices come from is like asking six-year-olds where babies come from."

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PostIcon Posted on: Dec. 10 2012, 1:44 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

"Everyone needs to pay more taxes"

OR because as Americans we should be willing to pay for what we, as a Nation, want to purchase?
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PostIcon Posted on: Dec. 10 2012, 2:08 pm Skip to the previous post in this topic.  Ignore posts   QUOTE


(BillBab @ Dec. 10 2012, 6:01 am)
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So we can keep spending ...and spending....and...you know...spending :laugh:

Spending on what?

By all means, let's cut spending in wasteful counterproductive areas like wars of choice (Iraq) and open-ended occupations (Afghanistan) and maintaining forces to counter a threat from the old Soviet Union.

We can no doubt trim some pork-barrel and subsidies to the fossil fuel industry, among others.

But when so-called "conservatives" talk about cutting spending, what they really mean is reneging on the obligations to Americans who paid into Social Security & Medicare their entire working lives.

They characterize funding for this social contract as some kind of irresponsible bum running up a credit card bill buying useless junk, and teaparty idiots who will depend on SS & Medicare themselves fall for this rhetoric issued by wealthy elites who are more interested in hoarding cash in offshore tax havens than in boosting the economy for working Americans and keeping senior citizens out of poverty.

It's pure unfettered greed at the top, and propaganda wrapped in ideology for the low information voters being fooled into agitating against their own interests.

The far right has wanted for decades to take down SS & Medicare, but that will never happen as long as there is funding to keep these popular programs going. The only way to do it is to "starve the beast" -- to make these programs unaffordable, and that requires deficits. BIG deficits. Reagan ran up BIG deficits, and GW left us in a hole we're still trying to dig our way out of.

So of course "conservatives" say we have to "reform" SS & Medicare while they fight tooth & nail against any tax increase on the top few percent who've been reaping huge economic rewards while the standard of living sinks for the majority of Americans.

They say we if we don't cut "entitlements" (aka earned benefits) we'll end up like Italy & Greece, but what they're recommending will take us down that same road. Keep starving the government of revenue while implementing austerity measures that will hit hardest those who can least afford it.

Austerity will reduce disposable income for millions of the working poor and senior citizens -- consumers who spend what they have -- economic activity essential to keep the recovery going. The average consumer is the real job creator -- not someone like Mitt Romney who amasses piles of cash "harvesting" corporations and then stashes this loot in the Cayman Islands where it's taken out of circulation. That's not "job creation" that's economic strangulation.

Who really thinks that placing greater economic burdens on the poor and the elderly and cutting investments in education, scientific research, & our nation's infrastructure will spur economic growth instead of economic recession?

Economic recovery and job growth have to come first, or we'll never be able to reduce deficits because economic recession reduces government revenue and places greater burdens on the social safety net. Fortunately, interest rates are at historic lows.

The best strategy at this time is to boost economic recovery and job creation while cutting deficits in ways that don't stifle that effort. Cut spending where it makes sense, like our bloated military. Tax capital gains like regular income, and let the top rates revert to the 1990's (or higher).

Howard Dean views deficit reduction as an important part of the overall strategy, and suggests that shared sacrifice on income taxes should be part of the approach. Wow, what a radical idea -- everyone who can afford to, pitches in to reduce deficits!

Of course, such an approach receives nothing but scorn & mocking derision from the likes of BillBabb. He regurgitates what he's been fed by those who would keep starving the beast while gorging on their ever-increasing slice of the pie.


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We do not inherit the earth from our ancestors; we borrow it from our children.
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