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Republican budget proposal - 3/27/2009 5:11:24 AM   
KaineD


Posts: 497
Joined: 2/14/2006
Status: offline 		I like how the republican budget proposal (18 pages long) only contains one real figure.

Tax cuts - 10% bracket for those earning less than $100,000 and 25% for those earning more.

That's even lower than Bush's tax cuts for the rich.

Their only solutions to the economic crisis is to drill, and tax cuts. And that's it.

The republicans just aren't offering any real solutions or any real opposition to the democrats.  Which ultimately is bad for America.  It would be better to have a party that comes to the table with substantive ideas of how to solve problems, people that can point out the pros and cons line for line of what the current party in power is doing.  Instead, the republican party is simply the party that says no.
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RE: Republican budget proposal - 3/27/2009 5:34:06 AM   
MarsBonfire


Posts: 1034
Joined: 3/6/2005
Status: offline 		The GOP is out of ideas, and the ideas they DO have- have long since been proven to be wrong.

The "Drill baby, drill." mantra is a joke. Every oil producer overseas is having to cut back on production because they've run out of places to store it. They've taken to using supertankers as temporary storage facilities to cope with the glut. The whole $4.00 a gallon thing was due to speculators. The proof was in the economic crash... which took the price of gas along with it. Sure, we still need to free ourselves from our dependancy on foriegn power sources, but we certainly don't need to trash our coastlines to do it.

And the tax cuts for the rich: Bush's taxes for those in the upper brackets were about 35%. Because of them, we were suddenly trillions short on our anual federal income, while he was also pushing major borrowing from China to finance his "pre-emptive war" based on lies. Now the irrelevants want to drop that tax rate another 10%? Fuck that!

The GOP made a major tactical mistake even suggesting they did have a budget plan: as long as they sat on their fat asses and did nothing but critisize, they could get away with the illusion that maybe... just maybe... they had a real plan. But now, America knows: all they have to offer is more of the same failed ideas.

They say they'll be offering more details on Wed. Myself, I can hardly wait... I feel like a kid at the circus  waiting for the clown car to stop, just to see how many will come tumbling out of that tiny thing.

(in reply to KaineD)
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RE: Republican budget proposal - 3/27/2009 5:47:14 AM   
Raiikun


Posts: 2650
Status: offline
quote:

ORIGINAL: MarsBonfire
And the tax cuts for the rich: Bush's taxes for those in the upper brackets were about 35%. Because of them, we were suddenly trillions short on our anual federal income,


Just a minor corerction...it's because of the increased government spending in the face of tax cuts that we were short.  We need to stop being morons and spending money we don't have.  Why is spending within your means such a radical idea anymore?

IMO, if the GOP really does want to form a working budget...they might as well wait until next election time.  It's not like the closed-minded majority in Congress is going to listen, but maybe the people will listen after the present plan continues to push us closer to bankruptcy.

(in reply to MarsBonfire)
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RE: Republican budget proposal - 3/27/2009 5:55:39 AM   
housesub4you


Posts: 1879
Joined: 4/2/2008
Status: offline 		, if the GOP really does want to form a working budget...they might as well wait until next election time.  It's not like the closed-minded majority in Congress is going to listen, but maybe the people will listen after the present plan continues to push us closer to bankruptcy.

Huh, this would be a very good point, if the last 8 years never happened.

For 6 years when the GOP was in power they had no problem spending money they did not have, their cry about being more fiscally responsable falls short when compared to the budgets they wrote and passed

(in reply to Raiikun)
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RE: Republican budget proposal - 3/27/2009 6:29:31 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		I heard their budget referred to as a "fudge-it"....cuz there`s nothing in it.....lol


Pretty fudged up....

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RE: Republican budget proposal - 3/27/2009 7:07:11 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		My household budget- somehow I can only spend what I actually have.  Now mind you- I am an adult and can function.   Despite this the nasty credit union somehow charged me $15 for a bounced check.   gasp.

I paid it.   $15 is cheap.

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RE: Republican budget proposal - 3/27/2009 8:11:52 AM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: Raiikun

quote:

ORIGINAL: MarsBonfire
And the tax cuts for the rich: Bush's taxes for those in the upper brackets were about 35%.


Just a minor corerction...it's because of the increased government spending in the face of tax cuts that we were short.  We need to stop being morons and spending money we don't have.  Why is spending within your means such a radical idea anymore?


Let's step back and look at this.

Weren't the Bush tax cuts increasing government revenue from the increased corporate profits?

That's what I've heard.

From Bush supporters.

And what I continue to hear today, from Republicans in Congress who are even now pushing a similar plan.



(in reply to Raiikun)
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RE: Republican budget proposal - 3/27/2009 10:22:59 AM   
OrionTheWolf


Posts: 7803
Joined: 10/11/2006
Status: offline 		Hey that sounds like one of the jokes Hannity would make, just on the opposite side of the aisle.


quote:

ORIGINAL: Owner59

I heard their budget referred to as a "fudge-it"....cuz there`s nothing in it.....lol


Pretty fudged up....


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(in reply to Owner59)
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RE: Republican budget proposal - 3/27/2009 1:21:26 PM   
subrob1967


Posts: 4591
Joined: 9/13/2004
Status: offline 		So lets raise taxes, and spend the money before it's collected, then bitch about rich people taking their money off shore to protect it from the tax collectors...In other words we'll raise taxes, collect less in tax revenue, but spend like we're collecting forecast totals...Brilliant.

 

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RE: Republican budget proposal - 3/27/2009 3:10:43 PM   
MarsBonfire


Posts: 1034
Joined: 3/6/2005
Status: offline 		The other little thing about Obama's budget that the irrelevants don't want you to remember: Since 2003, the two wars have been kept off the budget. That's right! Bush was keeping the occupation of Iraq and Afhghanistan on a seperate set of books.

Obama's budget takes those HUGE multi-billion (almost a half trillion dollars in their own right) deficit spending programs into account on his budget. Which is why it seems so swollen out of proportion. It's the first time in six fucking years we've had the real numbers in front of us.

You will NOT find those costs listed anywhere on the current GOP 18 page budget proposal.

This is like living off your credit cards for a few years, then simply thowing away the billing statements, saying, "Oh, fiddle dee dee, we'll think about those some other time."

The GOP is composed of fail.

(in reply to subrob1967)
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RE: Republican budget proposal - 3/27/2009 3:16:30 PM   
slaveboyforyou


Posts: 3607
Joined: 1/6/2005
From: Arkansas, U.S.A.
Status: offline
quote:

The other little thing about Obama's budget that the irrelevants don't want you to remember: Since 2003, the two wars have been kept off the budget. That's right! Bush was keeping the occupation of Iraq and Afhghanistan on a seperate set of books.


Proof?  I've never heard the above claim, and I know how you like to make assertions based on things you think you saw on Olbermann.

(in reply to MarsBonfire)
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RE: Republican budget proposal - 3/27/2009 4:35:18 PM   
MasterHypnotist


Posts: 120
Joined: 6/8/2006
Status: offline 		I haven't had time to read it, but here's the link.

I'm not sure that's it's a "budget" as much as a position paper. It'll be interesting to read when I get the chance.

http://www.gop.gov/solutions/budget/road-to-recovery-final

heh heh... you're welcome,

MH

(in reply to KaineD)
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RE: Republican budget proposal - 3/27/2009 6:15:08 PM   
MarsBonfire


Posts: 1034
Joined: 3/6/2005
Status: offline 		Well, SB4U, that just confirms a lot I've thought.

Try a Google search. You can make at least THAT minimal of an effort to learn what the hell's been happening in the party you've been supporting.

(in reply to MasterHypnotist)
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RE: Republican budget proposal - 3/27/2009 6:20:14 PM   
MarsBonfire


Posts: 1034
Joined: 3/6/2005
Status: offline 		Yup. Just as I thought. Google "Bush  Iraq War  off budget" Over a half dozen sites to verify on the first page alone... 233,581 hits total.


(in reply to MarsBonfire)
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RE: Republican budget proposal - 3/28/2009 12:13:26 AM   
MrRodgers


Posts: 10542
Joined: 7/30/2005
Status: offline
quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: Raiikun

quote:

ORIGINAL: MarsBonfire
And the tax cuts for the rich: Bush's taxes for those in the upper brackets were about 35%.


Just a minor corerction...it's because of the increased government spending in the face of tax cuts that we were short.  We need to stop being morons and spending money we don't have.  Why is spending within your means such a radical idea anymore?


Let's step back and look at this.

Weren't the Bush tax cuts increasing government revenue from the increased corporate profits?

That's what I've heard.

From Bush supporters.

And what I continue to hear today, from Republicans in Congress who are even now pushing a similar plan.

You 'heard' wrong. When income taxes and capital gains taxes are reduced there is a spike in tax revenue but like redeeming coupons...for only one shot. (year) After taking advantage, the lower tax rates actually lower revenue...can you imagine and contribute heavily toward a deficit.

(in reply to rulemylife)
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RE: Republican budget proposal - 3/28/2009 8:41:34 PM   
Raiikun


Posts: 2650
Status: offline
quote:

ORIGINAL: MarsBonfire

The GOP is composed of fail.


And so are the democrats.

The people (on both sides) who actually believe only the other side is a failure are so naive.

(in reply to MarsBonfire)
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RE: Republican budget proposal - 3/28/2009 8:48:47 PM   
CruelNUnsual


Posts: 624
Joined: 9/28/2008
Status: offline 		uhhh...there has never been a war that HAS been included in the budget.

(in reply to Raiikun)
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RE: Republican budget proposal - 3/28/2009 9:55:02 PM   
Lorr47


Posts: 862
Joined: 3/13/2007
Status: offline
quote:

ORIGINAL: KaineD

I like how the republican budget proposal (18 pages long) only contains one real figure.

Tax cuts - 10% bracket for those earning less than $100,000 and 25% for those earning more.

That's even lower than Bush's tax cuts for the rich.

Their only solutions to the economic crisis is to drill, and tax cuts. And that's it.

The republicans just aren't offering any real solutions or any real opposition to the democrats.  Which ultimately is bad for America.  It would be better to have a party that comes to the table with substantive ideas of how to solve problems, people that can point out the pros and cons line for line of what the current party in power is doing.  Instead, the republican party is simply the party that says no.


The eighteen page "thing" seemed to first come to light last week on NBC's Sunday morning talk show when the new moderator asked the newest republican spokesman whether the republicans had anything to propose except the word "no."  The republican pulled out the eighteen pages and said " yes, tax cuts."  Since the trickle down theory has gone into disrepute and the economists I have seen lately have all said that spending programs  not tax cuts are what is important, the moderator looked somewhat dumbfounded.  I take comfort in Pat Buchanan's warning to his own party that if it doesn't make some substantive proposals in the immediate near future that republicans will be the minority party for decades to come.

(in reply to KaineD)
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RE: Republican budget proposal - 3/29/2009 9:13:45 AM   
MarsBonfire


Posts: 1034
Joined: 3/6/2005
Status: offline 		Well, Lorr, we can certainly hope that for once, Pat Buchannan get's it right.

(in reply to Lorr47)
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RE: Republican budget proposal - 3/29/2009 9:27:38 AM   
CruelNUnsual


Posts: 624
Joined: 9/28/2008
Status: offline 		Its funny that the "disrepute" of the effectiveness of tax cuts is only among  a few liberal/socialist "economists". The data is there to see, and tax cuts work. No data that i have seen contradicts that. Feel free to link to anyone other than Paul Krugman.

Interesting that Obama's own advisor  and principal formulator of his budget, Christina Romer, published in 2007 that tax increases "to reduce an inherited budget deficit or to promote long term growth... are highly contractionary". Another Obama advisor, who's name escapes me right now, published that tax cuts are 2.4x more expansionary per dollar than government spending increases.

(in reply to Lorr47)
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