Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story
lily boca raton fl

Boca Raton, FL

#815432 Dec 2, 2012
GOPidiotsx wrote:
<quoted text>
Imagine all that, even with a top marginal tax rate of 90%. How did all the 'job creators' survive?
They didn't have multi million dollar packages for CEO's; corporations reinvested in their own companies.

Since: Dec 10

Location hidden

#815433 Dec 2, 2012
carol wrote:
<quoted text>
Considering the choice of leadership - a proven failure on economic policies and a proven success - it should have been a no brainer.
Out of over 120 million voters, winning by only 3 million isn't earth shattering.
Hurricane Sandy turned the tides more than anything else.
Yet, people are still suffering in New York and New Jersey despite the "presidential" photo ops and the opportunity for Obama to "look" presidential.
You learned that Obama was a "proven failure" from the fiction out of Fox "News". Raw economic data said the opposite. I tried to tell you but you always fall back on the last thing Fox told you. Really, you should buy one of those TV's that get more than one channel.
lily boca raton fl

Boca Raton, FL

#815434 Dec 2, 2012
carol wrote:
<quoted text>
Considering the choice of leadership - a proven failure on economic policies and a proven success - it should have been a no brainer.
Out of over 120 million voters, winning by only 3 million isn't earth shattering.
Hurricane Sandy turned the tides more than anything else.
Yet, people are still suffering in New York and New Jersey despite the "presidential" photo ops and the opportunity for Obama to "look" presidential.
You're a simpleton if you think anyone can wave a magic wand and everything is fixed in one day so you can go on to the next story.
People are still suffering in New Orleans despite Bush photo ops.

It was the anti women rape talk. Made people sick inside.
sonicfilter

Fishers, IN

#815435 Dec 2, 2012
High Tax Rates Won't Slow Growth

We're not close to the top of the Laffer Curve. Raising tax rates is part of a sensible deficit reduction strategy.

....will raising top tax rates significantly lower economic growth? In the postwar U.S., higher top tax rates tend to go with higher economic growth—not lower. Indeed, according to the U.S. Department of Commerce's Bureau of Economic Analysis, GDP annual growth per capita (to adjust for population growth) averaged 1.68% between 1980 and 2010 when top tax rates were relatively low, while growth averaged 2.23% between 1950 and 1980 when top tax rates were at or above 70%.

Neither does international evidence support a case for lower growth from higher top taxes. There is no clear correlation between economic growth since the 1970s and top tax-rate cuts across Organization for Economic Cooperation and Development countries.

http://online.wsj.com/article/SB1000142405270...
carol

Orlando, FL

#815436 Dec 2, 2012
Tenzing wrote:
<quoted text>
Lincoln never wrote or said that but figure you to swallow it hook, line, and sinker.
Rev. William John Henry Boetcker authored a pamphlet entitled "The Ten Cannots" that emphasized freedom and responsibility of the individual on himself. The error attributing them to Lincoln stemmed from a leaflet titled "Lincoln on Limitations" where authentic Lincoln quotes were published with the "The Ten Cannots" also listed.

However, these 10 truths bear repeating.

You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help little men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot help the poor by destroying the rich.
You cannot establish sound security on borrowed money.
You cannot further the brotherhood of man by inciting class hatred.
You cannot keep out of trouble by spending more than you earn.
You cannot build character and courage by destroying men's initiative and independence.
And you cannot help men permanently by doing for them what they can and should do for themselves.

...You cannot deny the truth.

Since: Dec 10

Location hidden

#815437 Dec 2, 2012
carol wrote:
<quoted text>
Considering the choice of leadership - a proven failure on economic policies and a proven success - it should have been a no brainer.
Out of over 120 million voters, winning by only 3 million isn't earth shattering.
Hurricane Sandy turned the tides more than anything else.
Yet, people are still suffering in New York and New Jersey despite the "presidential" photo ops and the opportunity for Obama to "look" presidential.
Oh, and he won by 4.5 million votes which is about 4 million more than the margin by which W. won in 2000.

I know, its embarrassing but you need to embrace it as the new reality.
GOPidiotsx

Chicago, IL

#815439 Dec 2, 2012
carol wrote:
<quoted text>
Considering the choice of leadership - a proven failure on economic policies and a proven success - it should have been a no brainer.
Out of over 120 million voters, winning by only 3 million isn't earth shattering.
Hurricane Sandy turned the tides more than anything else.
Yet, people are still suffering in New York and New Jersey despite the "presidential" photo ops and the opportunity for Obama to "look" presidential.
Another idiotic bit of drool from Lorac. Obama was defeating the robot in the polls before Sandy. With the exception of 1 week following the 1st debate, Mittens always trailed Obama, but you wouldn't know that swallowing Dick Morris' verbal ejaculations.
So, homes and businesses flattened down to their foundation should be rebuilt by now? What, is POTUS supposed to have 'I dream of Jeannie' powers?

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#815440 Dec 2, 2012
carol wrote:
<quoted text>
How exactly is Obama going to make those cuts? Do you even know?
What we do know is Geithner suggested $1.6 trillion in tax increases but showed minimal or no interest in spending cuts.
When congressional leaders went to the White House three days after the election, Obama talked of possibly curbing the explosive growth of food stamps and Social Security disability payments. But since Geithner didn’t mention them, those reductions appear to be off the table now.
It's pretty much about spending and taxing. No cuts to speak of.
I am convinced the Boy Messiah is intentionally pushing us off the cliff with a smile on his shit-eatin' face. This evil needs to be countered with the reason, empathy and fortitude of working Americans. The Takers? F*ck 'em. They can play with their free cellphones as the world burns around them.
sonicfilter

Fishers, IN

#815441 Dec 2, 2012
Conservative Media Promote Myths To Shield Wealthy From Tax Hikes

http://mediamatters.org/research/2012/11/23/c...

Since: Dec 10

Location hidden

#815442 Dec 2, 2012
shinningelectr0n wrote:
<quoted text>
Empathy is a word and only a word to Tenzing types. Describing the loss of political/economic freedoms or the torture of innocents to many Liberals is like trying to describe a disembowelment to a blind deaf mute. You can't reach into the depths of a shallow mind.
To Carol, "empathy" doesn't apply to brown people. She's sure there's another word for that sort of thing. Perhaps "pity"?
sonicfilter

Fishers, IN

#815444 Dec 2, 2012
Conservative economist,“We need to raise taxes.” Fox Host,“You’re a Communist.”

http://freakoutnation.com/2012/11/17/conserva...

lol

Since: Dec 10

Location hidden

#815445 Dec 2, 2012
carol wrote:
<quoted text>
The question was clear...will unemployment benefits go on indefinitely...considering jobs will be more scarce when taxes and regulations increase next year.
Its your Fox "News" driven assumption that jobs will be scarcer next year. Where's your empirical data that indicates that jobs will be scarcer next year? Fox's "Stands to reason" isn't empirical data.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#815446 Dec 2, 2012
Lily Boca Raton Fl wrote:
<quoted text>
They're all millionaires on here!!
And sober, drug-free ones, too, Ms. Washrag.
The million part of the millionaire you present is something precious, valuable and morally sound. They have conscience.

Something you envy and will never possess.

Since: Dec 10

Location hidden

#815447 Dec 2, 2012
GOPidiotsx wrote:
<quoted text>
Imagine all that, even with a top marginal tax rate of 90%. How did all the 'job creators' survive?
Why didn't they all flee the country? Carol contends that if the top marginal rate is raised 3% to 39% they will all flee the country taking their wealth with them. Are Bill Gates and Warren Buffet really that mercenary?
sonicfilter

Fishers, IN

#815448 Dec 2, 2012
Reagan's Forgotten Tax Record

Almost immediately upon enactment of the 1981 tax cut, Reagan came under enormous pressure to do something about the federal budget deficit. While his preferred approach was to cut spending as much as necessary, it was not politically possible to so. His aides began pressuring him to support a tax increase. Conservative activists were appalled that Reagan would even consider such a thing, but he eventually endorsed the Tax Equity and Fiscal Responsibility Act of 1982. According to a Treasury Department analysis, it raised taxes by close to one percent of GDP, equivalent to $150 billion per year today, and was probably the largest peacetime tax increase in American history.

This was just the first of many tax increases that President Reagan endorsed and signed into law. There were 11 major tax increases during his administration.

.....In the end, Reagan’s tax legacy fits neither the right-wing nor left-wing pigeonholes. Although he cut taxes when he could, he raised them when he had to. That’s something self-styled Reaganites today should remember.

http://capitalgainsandgames.com/blog/bruce-ba...
lily boca raton fl

Boca Raton, FL

#815449 Dec 2, 2012
shinningelectr0n wrote:
<quoted text>
And sober, drug-free ones, too, Ms. Washrag.
The million part of the millionaire you present is something precious, valuable and morally sound. They have conscience.
Something you envy and will never possess.
http://i.huffpost.com/gadgets/slideshows/2592...

Since: Feb 11

Location hidden

#815450 Dec 2, 2012
Is Obama bucking for leadership like Egytpian president?

Since: Dec 10

Location hidden

#815451 Dec 2, 2012
shinningelectr0n wrote:
<quoted text>
A classic display of wanting to shoot the messenger for bringing the message. Fifteen years of hearing the truth has left you with migraines. The only thing worse than exposing you to the truth would be to sprinkle Holy Water on your Liberal-Possessed Orc body.
I only watch Fox long enough to gauge its current level of ridiculousness. Usually when I see a meme develop that has the Fox stink to it. So, no migraines here chubby.
lily boca raton fl

Boca Raton, FL

#815452 Dec 2, 2012
Tenzing wrote:
<quoted text>
Oh, and he won by 4.5 million votes which is about 4 million more than the margin by which W. won in 2000.
I know, its embarrassing but you need to embrace it as the new reality.
BAM!
carol

Orlando, FL

#815453 Dec 2, 2012
Tenzing wrote:
<quoted text>
Your stupid shines through as usual. No comparison?
Just the fact that the DJIA doubled under Obama's four years as opposed to Ike's eight and that a "large governmental economic stimulus" was the hallmark of Obama's first term practically begs no comparison at all!
Ike saw 7.5% unemployment during the 1958 recession.
Don't know where you copied and pasted this from but you should get a different source.
You should be real careful who you call stupid.

Unemployment was 7.4% and 7.5% only 4 months out of Eisenhower's 8 year term.

During most of his presidency, it stayed roughly between the 4.5% to 6.0% range.

http://data.bls.gov/pdq/SurveyOutputServlet

Is the Bureau of Labor and Statistics a good enough source?

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