Catbox
forgiveness
+505|7019
enough..
http://online.wsj.com/article/SB123561551065378405.html
Can anyone explain how this is good or will fix the economy? 
1 and done for this inexperienced guy... Hopefully we can reverse what he and peloser/reid etc have done...


Also...
635 billion for universal healthcare is going to be announced soon...
http://news.yahoo.com/s/politico/200902 … tico/19334
The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
Love is the answer
Cybargs
Moderated
+2,285|7019

[TUF]Catbox wrote:

enough..
http://online.wsj.com/article/SB123561551065378405.html
Can anyone explain how this is good or will fix the economy? 
1 and done for this inexperienced guy... Hopefully we can reverse what he and peloser/reid etc have done...


Also...
635 billion for universal healthcare is going to be announced soon...
http://news.yahoo.com/s/politico/200902 … tico/19334
The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
Asians. Also maybe Iraqi's.
https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png
SgtHeihn
Should have ducked
+394|6790|Ham Lake, MN (Fucking Cold)
All those tear jerking "Change" speeches are coming back to bite him in the ass. Lets increase the size of the Government AND start all these grandiose plans when the dollar is dropping and people are getting laid off in record numbers. Who needs currency value when we can just print more?!! Look at Zimbabwe!
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
https://i.imgur.com/maVpUMN.png
SgtHeihn
Should have ducked
+394|6790|Ham Lake, MN (Fucking Cold)

AussieReaper wrote:

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
That doesn't work. That will force people with money to move their holding to where the Government cannot touch them. Business owners will down size to make sure they do not fall under that umbrella or just close shop.
Dilbert_X
The X stands for
+1,817|6409|eXtreme to the maX
If he's smart its more about getting healthcare under govt control and slashing the cost out of it.
Fuck Israel
SgtHeihn
Should have ducked
+394|6790|Ham Lake, MN (Fucking Cold)

Dilbert_X wrote:

If he's smart its more about getting healthcare under govt control and slashing the cost out of it.
That makes sense. The Government cannot make sense, its in the post script of the Constitution.
rdx-fx
...
+955|6894
Big business is already getting bailouts.

The 'Average Joe' is under water with his mortgage.

Only place left to squeeze some dimes out of, is the privately held small business owner.  Who just happens to technically make over $200,000, as the gross income of their privately held business counts as 'their' income.

Edit: And if he does greatly increase taxes on the small business owners of America, we will well and truly cripple this country.

Last edited by rdx-fx (2009-02-25 23:28:42)

SgtHeihn
Should have ducked
+394|6790|Ham Lake, MN (Fucking Cold)

rdx-fx wrote:

Big business is already getting bailouts.

The 'Average Joe' is under water with his mortgage.

Only place left to squeeze some dimes out of, is the privately held small business owner.  Who just happens to technically make over $200,000, as the gross income of their privately held business counts as 'their' income.

Edit: And if he does greatly increase taxes on the small business owners of America, we will well and truly cripple this country.
Change!!!!
rdx-fx
...
+955|6894

SgtHeihn wrote:

Change!!!!
heh. Fuck Obama's "change".

Throwing gobs of borrowed money at a problem doesn't work without a real plan.  Sounds bites and pretty speeches that get postive  spin on CNN - does NOT constitute a plan.

Find me a few thousand BR-4 or 205M primers in stock somewhere.  THAT is a change I could get to like.
PureFodder
Member
+225|6588
If your employees have universal healthcare, you don't have to pay for their private helathcare insurance.

It'll save lots of businesses a great big pile of money.
SgtHeihn
Should have ducked
+394|6790|Ham Lake, MN (Fucking Cold)

PureFodder wrote:

If your employees have universal healthcare, you don't have to pay for their private helathcare insurance.

It'll save lots of businesses a great big pile of money.
But you are going to have to spend all that extra money on taxes because you have just been bumped up on tax bracket!
Spark
liquid fluoride thorium reactor
+874|6978|Canberra, AUS

SgtHeihn wrote:

PureFodder wrote:

If your employees have universal healthcare, you don't have to pay for their private helathcare insurance.

It'll save lots of businesses a great big pile of money.
But you are going to have to spend all that extra money on taxes because you have just been bumped up on tax bracket!
I didn't think that money was flowing into personal income.
The paradox is only a conflict between reality and your feeling what reality ought to be.
~ Richard Feynman
LividBovine
The Year of the Cow!
+175|6683|MN
It's not, it is money that could be re-invested to grow the company and hire more people.  What he was saying is it is a wash at best for now, and in the future it will get worse.
"The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation" - Barack Obama (a freshman senator from Illinios)
Dilbert_X
The X stands for
+1,817|6409|eXtreme to the maX
With all this crap going on no-one seems to be looking at how to get business actually working again.
The US will end up like the UK, no-one creating value any more.
Fuck Israel
Flecco
iPod is broken.
+1,048|6968|NT, like Mick Dundee

And the best part?

Over the next four years he's going to cut your deficit in half.....





Seriously where the fuck is the money coming from?
Whoa... Can't believe these forums are still kicking.
DonFck
Hibernator
+3,227|6934|Finland

Flecco wrote:

And the best part?

Over the next four years he's going to cut your deficit in half.....


Seriously where the fuck is the money coming from?
Maybe.. ..reviving the economy by creating jobs -> producing goods that don't suck -> increasing exports -> profit?
I need around tree fiddy.
lowing
Banned
+1,662|6954|USA

AussieReaper wrote:

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
and why is it you expect someone else to flip the bill for your bullshit? Oh I forgot, because they were smart with their money and their decisions while you were a dumbfuck with yours. So naturally, lets punish achievment and reward failure. I can pay my mortgage because I am responsible for taking it on. You can not pay yours, so obviously the solution is for me to pay mine and yours. You get a free ride at my expense.

Here is more change you can believe in, my wife, a teacher, will not be getting a raise, and probably will be getting a 2% pay cut, to cover all of this change we can believe in, and why not, our govt. has decided, she makes enough, and should be nieghborly and spread the wealth. WHy does she need it, who gives a fuck that she worked for it and earned it. There are too many losers out there that need her money more than she does.

Fuckin' socialists. Reward failure, punish achievment. Cut our income, yeah that is the way to get me stimulated into spending money.
Flecco
iPod is broken.
+1,048|6968|NT, like Mick Dundee

DonFck wrote:

Flecco wrote:

And the best part?

Over the next four years he's going to cut your deficit in half.....


Seriously where the fuck is the money coming from?
Maybe.. ..reviving the economy by creating jobs -> producing goods that don't suck -> increasing exports -> profit?
Fair enough, I don't know the specifics of the 'US Stimulus Package'.
Whoa... Can't believe these forums are still kicking.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

lowing wrote:

AussieReaper wrote:

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
and why is it you expect someone else to flip the bill for your bullshit? Oh I forgot, because they were smart with their money and their decisions while you were a dumbfuck with yours. So naturally, lets punish achievment and reward failure. I can pay my mortgage because I am responsible for taking it on. You can not pay yours, so obviously the solution is for me to pay mine and yours. You get a free ride at my expense.

Here is more change you can believe in, my wife, a teacher, will not be getting a raise, and probably will be getting a 2% pay cut, to cover all of this change we can believe in, and why not, our govt. has decided, she makes enough, and should be nieghborly and spread the wealth. WHy does she need it, who gives a fuck that she worked for it and earned it. There are too many losers out there that need her money more than she does.

Fuckin' socialists. Reward failure, punish achievment. Cut our income, yeah that is the way to get me stimulated into spending money.
It's health care, without it people die. So fucking what if the rich are taxed.

Last edited by AussieReaper (2009-02-26 04:59:00)

https://i.imgur.com/maVpUMN.png
DonFck
Hibernator
+3,227|6934|Finland

Flecco wrote:

DonFck wrote:

Flecco wrote:

And the best part?

Over the next four years he's going to cut your deficit in half.....


Seriously where the fuck is the money coming from?
Maybe.. ..reviving the economy by creating jobs -> producing goods that don't suck -> increasing exports -> profit?
Fair enough, I don't know the specifics of the 'US Stimulus Package'.
Me neither. But that's IMO a rational plan.
I need around tree fiddy.
lowing
Banned
+1,662|6954|USA

AussieReaper wrote:

lowing wrote:

AussieReaper wrote:


wealthy Americans
and why is it you expect someone else to flip the bill for your bullshit? Oh I forgot, because they were smart with their money and their decisions while you were a dumbfuck with yours. So naturally, lets punish achievment and reward failure. I can pay my mortgage because I am responsible for taking it on. You can not pay yours, so obviously the solution is for me to pay mine and yours. You get a free ride at my expense.

Here is more change you can believe in, my wife, a teacher, will not be getting a raise, and probably will be getting a 2% pay cut, to cover all of this change we can believe in, and why not, our govt. has decided, she makes enough, and should be nieghborly and spread the wealth. WHy does she need it, who gives a fuck that she worked for it and earned it. There are too many losers out there that need her money more than she does.

Fuckin' socialists. Reward failure, punish achievment. Cut our income, yeah that is the way to get me stimulated into spending money.
It's health care, without it people die. So fucking what if the rich are taxed.
There already is provisions for people to get taken care of without health care. What he wants is to force ALL of us into GOVT healthcare.

and here is a news flash, my wife is NOT rich. She WORKS, she EARNS, she ALREADY PAYS TAXES. This is nothing more than govt. getting us all dependant on govt. regardless if we want them or need them to take care of us.
FEOS
Bellicose Yankee Air Pirate
+1,182|6714|'Murka

AussieReaper wrote:

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
There aren't enough Americans who are wealthy enough to pay for it.

That's the point of the OP.

It's something that's been conveniently ignored for the past year or so during the campaign: Obama thinks that there's this unlimited source of income in the upper 2-5% of Americans. There's not. At least not to support the level of spending he's proposing.

It's a vicious cycle. He's going to tax the hell out of people who own the businesses that are contracting because of the economic crunch. Thus, they have less money available for the government to collect. And even less after the government raises their primary and marginal tax rates, which further reduces the capital they have available to invest in their business (hire new employees, pay existing employees, expand the business, etc)...which exacerbates the economic crunch. Which leads to more taxes levied by Obama...and around and around we go.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein

Doing the popular thing is not always right. Doing the right thing is not always popular
lowing
Banned
+1,662|6954|USA

FEOS wrote:

AussieReaper wrote:

[TUF]Catbox wrote:

The Obama administration will announce a 10-year, $634 billion reserve fund Thursday aimed at expanding health care coverage – and will pay for half the plan with a new tax hike on wealthy Americans that surprised health care advocates and angered Republicans.

Who is going to pay for all this???
wealthy Americans
There aren't enough Americans who are wealthy enough to pay for it.

That's the point of the OP.

It's something that's been conveniently ignored for the past year or so during the campaign: Obama thinks that there's this unlimited source of income in the upper 2-5% of Americans. There's not. At least not to support the level of spending he's proposing.

It's a vicious cycle. He's going to tax the hell out of people who own the businesses that are contracting because of the economic crunch. Thus, they have less money available for the government to collect. And even less after the government raises their primary and marginal tax rates, which further reduces the capital they have available to invest in their business (hire new employees, pay existing employees, expand the business, etc)...which exacerbates the economic crunch. Which leads to more taxes levied by Obama...and around and around we go.
You can not reason with a liberal about money and taxes ( or anything really), to them, if they do not have to pay for it, it is free.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

You've said numerous times that your in huge amounts of debt as a nation. Raising taxes is the only way to reduce that debt, along with funding cuts. You cut funding and then services will suffer. Taxes like this were inevitable, because you as a nation are in so much debt. Even if Obama doesn't have the tax money available, that's because Bush gave tax cuts to the wealthy, those making more than $250,000 for example, the US has spent trillions in Iraq and all Obama can do is repeal the tax cuts Bush gave out, and levy them onto the rich again.

Universal health care might not be a great way to to reduce national debt, but it is one way of keeping the productivity of America as a nation up.

Last edited by AussieReaper (2009-02-26 05:26:42)

https://i.imgur.com/maVpUMN.png

Board footer

Privacy Policy - © 2025 Jeff Minard