Obama On Fixing the Budget Problems Handed Down By Bush

Obama on budget and gives us all a pep talk.
bareboards2says...

Weren't you listening?

Tax loopholes are spending as much as writing a check to Halliburton.

Besides, allowing the 10 year old tax breaks to expire is not raising taxes. It is allowing legislation to work as it was intended.

>> ^lantern53:

It isn't working.
This guy quadrupled the debt and now he wants to raise taxes to pay for it.
Why do we have to sign the check he wrote?

Lawdeedawsays...

Obama is not innocent though, as we know.

And lantern doesn't listen, he speaks for the most part. But I am assuming based on his ideals and the party that follows those ideas (Even if it isn't his party, per se.) If he blames that party as much as Obama, because they are hypocrites, then I can respect him. If he has no party, then I can respect him.

>> ^bareboards2:

Weren't you listening?
Tax loopholes are spending as much as writing a check to Halliburton.
Besides, allowing the 10 year old tax breaks to expire is not raising taxes. It is allowing legislation to work as it was intended.
>> ^lantern53:
It isn't working.
This guy quadrupled the debt and now he wants to raise taxes to pay for it.
Why do we have to sign the check he wrote?


bareboards2says...

@lantern53

http://www.nytimes.com/2011/07/05/opinion/05brooks.html?nl=todaysheadlines&emc=tha212

Required reading, guy. Required reading.

Final two paragraphs:

"If the debt ceiling talks fail, independents voters will see that Democrats were willing to compromise but Republicans were not. If responsible Republicans don’t take control, independents will conclude that Republican fanaticism caused this default. They will conclude that Republicans are not fit to govern.

And they will be right."

lantern53says...

Instead of cutting your head off, we'll just compromise by cutting only halfway through.

Republican fanaticism is not causing a default. Republican and Democratic spending will cause a default. Besides, the US gov't can pay it's bills if you eliminate entitlements. There is plenty of money coming in to pay bills.

Discuss...

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