Spending

[streicher187]

First I love the current attack on spending, to blame one party is an even bigger joke..

YES the spending is insane and needs to be cut and should be cut everywhere including military spending. I don't see one politician say they are willing to take a pay cut to help out though..

BUT
For "conservatives" to cry about it is a HUGE joke and the spending comments buy people who defend bush shows how biased and one sided they are. It was under him that we spent

Trillions on war(that we shouldn't have been in).
The largest entitlement program in history at about 10 trillion in Medicare part D..
The biggest tax cuts for the rich in history

AND NONE of it was paid for but debt spending

That is why none of the current senators/congressman should be re elected including guys like Reid, McCain etc. who went along with the spending should be voted out..

[jaybird_1981]

What would you do if you were asked to take a pay cut?

[ensbergcollector]

"biggest tax cuts for the rich in history"

wow, might as well be reading a caption from the huffington post. say blaket statements long enough and maybe they will become true.

[tutall]

First I love the current attack on spending, to blame one party is an even bigger joke..

YES the spending is insane and needs to be cut and should be cut everywhere including military spending. I don't see one politician say they are willing to take a pay cut to help out though..

BUT
For "conservatives" to cry about it is a HUGE joke and the spending comments buy people who defend bush shows how biased and one sided they are. It was under him that we spent

Trillions on war(that we shouldn't have been in).
The largest entitlement program in history at about 10 trillion in Medicare part D..
The biggest tax cuts for the rich in history

AND NONE of it was paid for but debt spending

That is why none of the current senators/congressman should be re elected including guys like Reid, McCain etc. who went along with the spending should be voted out..

a couple things... First i wouldnt really call bush a conservative... maybe before the election and his term but there are plenty of conservatives out here who were against the spending Bush enacted...

Second... you can say tax cuts for the rich all you want but fact of the matter is the top 10 percent of people in the US pay something like 80 percent of the taxes... I know you wont agree with me but cutting corporate taxes and taxes on the wealthy is the only way to get the country back to where it was. Rich people make jobs... PERIOD.... You dont see a broke 8 dollar an hour employee buying brand new cars, boats, or starting a small business to employ people.

[dfr52]

a couple things... First i wouldnt really call bush a conservative... maybe before the election and his term but there are plenty of conservatives out here who were against the spending Bush enacted...

Second... you can say tax cuts for the rich all you want but fact of the matter is the top 10 percent of people in the US pay something like 80 percent of the taxes... I know you wont agree with me but cutting corporate taxes and taxes on the wealthy is the only way to get the country back to where it wasI. Rich people make jobs... PERIOD.... You dont see a broke 8 dollar an hour employee buying brand new cars, boats, or starting a small business to employ people.

That's just one opinion, doesn't make it right, doen't make it wrong.

Till they can find a way to send the jobs over seas for lower pay rates.

[tutall]

That's just one opinion, doesn't make it right, doen't make it wrong.

Till they can find a way to send the jobs over seas for lower pay rates.

i dont get what you are saying... Companies move overseas not only for lower wages but also lower tax rates... there is no disputing we have one of the highest tax rates of industrialized nations in the world. Cutting taxes on these businesses is the only way to keep them here. Why would you run a business in the US if you can go abroad for cheaper?

[OnePimpTiger]

That's just one opinion, doesn't make it right, doen't make it wrong.

The way to recover may be an opinion, but rich people making jobs is not, it's fact. Corporations and small businesses create jobs...and the Obama administration is preventing them from doing that.

Till they can find a way to send the jobs over seas for lower pay rates.

Corporations don't look for reasons to move overseas, they look for reasons to stay here. But the Obama administration is leaving them with no reasons to stay here. Corporations have stayed in America for years, decades, and centuries...they only move overseas if they're forced to and right now that's exactly what's happening. If corporate and capital gains taxes were lower, regulations weren't so outrageous, unions didn't control everything, and there wasn't the fear that a company or industry could be nationalized if it hit a slump, there would be no reason to go overseas. Lower wages isn't a significant enough savings to make companies want to spend millions relocating and leaving their homes.

[dfr52]

i dont get what you are saying... Companies move overseas not only for lower wages but also lower tax rates... there is no disputing we have one of the highest tax rates of industrialized nations in the world. Cutting taxes on these businesses is the only way to keep them here. Why would you run a business in the US if you can go abroad for cheaper?

That will not make them stay, it will just put more money in their pockets as they continue to move jobs. That's our stinking point. I believe companies will always relocate jobs to cheaper areas (usually over seas).

[tutall]

That will not make them stay, it will just put more money in their pockets as they continue to move jobs. That's our stinking point. I believe companies will always relocate jobs to cheaper areas (usually over seas).

If they are making plenty of money there is no reason for them to move...

[mikesilvia]

It appears you have no idea what Obama is spending so let me shed some light:


Democrats used to write research papers on how bad Bush was! Take a look at this graph and then take a look back at the graph above and see how hypocritical they are!



There is only one party responsible for this:

A series of bailouts, bank rescues and other economic lifelines could end up costing the federal government as much as $23 trillion, the U.S. government’s watchdog over the effort says – a staggering amount that is nearly double the nation’s entire economic output for a year.

In fact, $23 trillion is more than the total cost of all the wars the United States has ever fought, put together. World War II, for example, cost $4.1 trillion in 2008 dollars, according to the Congressional Research Service.

Even the Moon landings and the New Deal didn’t come close to $23 trillion: the Moon shot in 1969 cost an estimated $237 billion in current dollars, and the entire Depression-era Roosevelt relief program came in at $500 billion, according to Jim Bianco of Bianco Research.

The annual gross domestic product of the United States is just over $14 trillion.

I'm gonna go ahead and call check mate on Streicher. :)