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psych
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Jacoby
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04 Feb 2011, 6:25 pm

It's a spending problem, not a revenue problem. You simply can not raise enough revenue. The students in the UK and naive leftists in the US are understandably upset, the free lunch they were promised was in reality a massive ponzi scheme doomed to collapse. Entitlements must be cut massively.(a long with other massive cuts across the board) They will be painful but they must be done.



marshall
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04 Feb 2011, 6:50 pm

Jacoby wrote:
It's a spending problem, not a revenue problem. You simply can not raise enough revenue.

That's simply a mindless right-wing talking point.
Quote:
The students in the UK and naive leftists in the US are understandably upset, the free lunch they were promised was in reality a massive ponzi scheme doomed to collapse. Entitlements must be cut massively.(a long with other massive cuts across the board) They will be painful but they must be done.

Actually blanket cuts are one of the worst things you can do in a time of economic depression. Balancing the budget in the short term will not fix the economy. It will lead to a double-dip depression. Having higher taxes and lower spending during times of economic prosperity is the way to pay off the national debt. Of course that never happens because politicians are bought by wealthy special interest that always resist a sane policy. Instead a surplus is something to be squandered with tax cuts for the ultra-wealthy.



Jacoby
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04 Feb 2011, 7:04 pm

lol no it isn't. Can you come up with 2 trillion dollars in additional tax revenue while still having a functional economy? No. Even if you could, which you can't, our spending will continue to go up and up and up from entitlements and interest on our $14 trillion national debt, You can not even think about tackling the debt without massive spending cuts. If spending was the solution, we would of never had the problem.



marshall
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04 Feb 2011, 7:29 pm

Jacoby wrote:
lol no it isn't. Can you come up with 2 trillion dollars in additional tax revenue while still having a functional economy? No. Even if you could, which you can't, our spending will continue to go up and up and up from entitlements and interest on our $14 trillion national debt, You can not even think about tackling the debt without massive spending cuts. If spending was the solution, we would of never had the problem.

Whoooosh! :wall: Do you even know how to read? Where did I say spending was the solution? This is what I hate about arguing with conservatives. They don't even read actual arguments. They just repeat the same tired mantras over and over again.

Of course we need spending cuts at some point. It's just that during an economic depression isn't the time to go hole-hog with cuts, at least not cuts that will lead to massive layoffs. You'll just end up with even higher unemployment.



pandabear
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04 Feb 2011, 7:43 pm

Jacoby wrote:
...we would of never..


The correct verb form is "would have never."



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05 Feb 2011, 11:21 am

Jacoby wrote:
lol no it isn't. Can you come up with 2 trillion dollars in additional tax revenue while still having a functional economy? No. Even if you could, which you can't, our spending will continue to go up and up and up from entitlements and interest on our $14 trillion national debt, You can not even think about tackling the debt without massive spending cuts. If spending was the solution, we would of never had the problem.


Do you not think that reason the US deficit is so big is that it spends ten times more on defence than the next 9 nations combined? Are these entitlements? Or are entitlments only spending that's aimed at the poor and not defence contractors?



ryan93
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05 Feb 2011, 4:42 pm

jamieboy wrote:
Jacoby wrote:
lol no it isn't. Can you come up with 2 trillion dollars in additional tax revenue while still having a functional economy? No. Even if you could, which you can't, our spending will continue to go up and up and up from entitlements and interest on our $14 trillion national debt, You can not even think about tackling the debt without massive spending cuts. If spending was the solution, we would of never had the problem.


Do you not think that reason the US deficit is so big is that it spends ten times more on defence than the next 9 nations combined? Are these entitlements? Or are entitlments only spending that's aimed at the poor and not defence contractors?


Defense = Cheap
Offense = Dear

America hasn't "defended" itself in seventy years. It's invasion after invasion after invasion after invasion...

I have to agree with the conservatives on this one. I've heard America only intends to reduce its $14 trillion deficit by $0.5 Trillion this year. Massive cuts aren't a good option, but it beats giving debts to your children. Then again, what dick racked up $14 trillion on dady's credit card.


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jamieboy
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06 Feb 2011, 2:42 am

Spending cuts crush growth and grow rather than reduce the deficit. See Ireland for an example.



aghogday
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06 Feb 2011, 4:31 am

I wonder where the breaking point is in the country.

We just lowered social security taxes and extended a tax cut that was never funded as part of a deal to extend unemployment.

I would have never have imagined that I would have paid a lower percentage of taxes at the end of my career than I did at the beginning of my career. But, I ended up paying almost no federal taxes because of generous tax breaks and credits.

Unwarranted wars can be social programs for defense contractors; borrowed money.
Tax Cuts can be social programs for eligible tax payers; borrowed money.
Bail Outs can be social programs for banks; borrowed money.
Health Care may be more of a social program without a mandate; borrowed money.

Technology is the driving force behind a more efficient method of Capitalism, but it is also the driving force behind fewer jobs. This is the only issue that politicians have had little control over and will have little control of in the future, because it is on a global level now.

Sorry, I forget to mention the fourteen trillion dollar debt.

Can anyone venture a guess of when we reach a breaking point? Any realistic chance that politicians on either side are going to do anything to significantly reduce the debt? They could have done something ten years ago with relatively little heartbreak and didn't do it then. Is our system already broke? Did we miss our chance ten years ago?



marshall
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06 Feb 2011, 1:34 pm

jamieboy wrote:
Spending cuts crush growth and grow rather than reduce the deficit. See Ireland for an example.

Or the 1937 recession. Sudden drastic cuts that lead to mass layoffs are dangerous. Spending reductions should be done slowly and incrementally.



Vexcalibur
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06 Feb 2011, 1:39 pm

You don't build it. You go to the oxymoron store and order three of them.


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20 Feb 2011, 2:20 pm

You already such a thing called "Coffee Party". The one here in C-Bus Ohio recently went "poof". So much for them.
Scoreboard:
Tea Party-10
Socialist nutjobs-0



psych
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08 Apr 2011, 5:33 pm

usuncut has been formed, and it looks like their keeping quite busy :D

http://www.usuncut.org/actions/list



Inuyasha
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08 Apr 2011, 6:47 pm

Blue_Jackets_fan wrote:
You already such a thing called "Coffee Party". The one here in C-Bus Ohio recently went "poof". So much for them.
Scoreboard:
Tea Party-10
Socialist nutjobs-0


It went poof because they forgot the illegal drugs so they couldn't get stoned. (not being entirely serious)

Getting serious, it failed because it was artificial unlike the tea party.



cdfox7
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08 Apr 2011, 7:59 pm

Jacoby wrote:
It's a spending problem, not a revenue problem. You simply can not raise enough revenue. The students in the UK and naive leftists in the US are understandably upset, the free lunch they were promised was in reality a massive ponzi scheme doomed to collapse. Entitlements must be cut massively.(a long with other massive cuts across the board) They will be painful but they must be done.


UK wise is a fact that most of the country not only the students are "understandably upset". Upset f*****g pissed off would be the best description of the mood over here. Regrading university fees the hypocrisy of the issue is that our politicians have benefited from our publicly funded higher eduction system themselves.

Philip Green got no right to have government post then again what do you expect from a government with 14 millionaires in it. Murdoch's got friends in the Troygraphy thats helped him to put a stop to Vince Cable's "War" on News International,. thank god The News Of The World now in court over the phone hacking sandal. Mayor BoJo the Clown of London don't believe what he saids, take a look at his gaffs & Have I got News for You and your've understand why!!

I got alot of respect for Stephen Fry & the Private Eye then take my approach to our system: satire & humour.

Its about time you yanks joined in on the revolution. The best way to build a progressive tea party is have a good selection of food & teas on the menu plus ask everyone how there like to take they tea, with milk or with lemon.