Comments are closed for this entry
View All
Favorites
Highlights
Recency  | 
Popularity
Page:  « First  ‹ Previous  1 2 3 4 5  Next ›  Last »  (9 total)
This user has chosen to opt out of the Badges program
photo
03:45 PM on 11/04/2010
Just the facts. Those making under 250K yearly will, more than likely, spend their tax cut. Those making more than 250K yearly will probably bank it. If your objective is to stimulate the economy, consumer spending is one of the best ways to do it. What is there to compromise?

P.S. I know those of you in the GOP/Tea Party have trouble following this logic. The above is not meant for you. Please continue to write your Congressman demanding more tax cuts for the rich.
photo
Bronxdude
Integrity has no need of rules
02:56 PM on 11/04/2010
Eisenhower, who warned us about the growing military-industrial complex, was the last republican president to balance the budget. So, when Boehner and McConnell say they want to cut taxes for the wealthy and still balance the budget, they’re lying, since tax cuts don’t pay for themselves, and reducing tax revenue will only add to the deficit. Historically, republican economic policies are non-stimulative because cutting taxes for the wealthy—the trickle down theory—has always slowed the economy and led to job loss, which is exactly what occurred when Bush 43 cut taxes for the wealthy and, in doing so, turned the Clinton surplus into a $1.4 trillion deficit, forcing the public and private sector to shed 8 million jobs. Since Eisenhower, every republican president has left the incoming democrat with crippling unemployment, a busted economy and record deficits: Nixon and Ford hamstrung Carter, Reagan and Bush 41 hamstrung Clinton and Bush 43 hamstrung Obama. Compared to Bush 41, the Reagan recession was much deeper and far worse, but Clinton—through fiscal accountability—revived the economy and created a surplus. As a rule, republican presidents abandon “pay-as-you-go” frugality, cut taxes for fat-cats, subsidize big business, quadruple defense spending—all with no offsets, and then flip-the-script, scapegoating the newly elected democrat to fend off blame while trying to clean up the mess, which is the economic nightmare republicans left Obama.
01:17 AM on 11/05/2010
You summarized my thoughts perfectly. Fanned.
photo
HUFFPOST SUPER USER
Bryan Gray
02:49 PM on 11/04/2010
Obama to Democrats, "This guy desperately wants you to fail, but please work with him"
photo
HUFFPOST SUPER USER
Bryan Gray
02:39 PM on 11/04/2010
And which of the liberal bloggers will be first to say how this is necessary, and how the President needs to do this...because...oh...what can he do...what can he dooooo..... Woe is he. Woe is he
photo
HUFFPOST SUPER USER
Bryan Gray
02:31 PM on 11/04/2010
Already giving away ground before he even meets with the GOP. Way to negotiate Mr. President!
photo
HUFFPOST SUPER USER
Bryan Gray
02:36 PM on 11/04/2010
I really having a difficult time controlling my language.................................................... when speaking of Obama Is it just me?
photo
HUFFPOST SUPER USER
rory talbot
Former Dem but they r now wing of Corp. party
12:00 AM on 11/05/2010
it's not just you. when i think of the disappointment from President Compromise I can only say %^&(*&&#@%@##$$%%^^&&*(&)&*^%$^$ of @$@%@ sonuva ^*&$##@!!!
photo
cat kuzya
Looking at this world, one cannot help wondering..
02:34 AM on 11/05/2010
i couldn't control my jaw as well
02:17 PM on 11/04/2010
The thing that floors me, is that the first thing Obama does is say he's willing to compromise?!!!!
WTF! What does he hope to get by compromising? The Repubs have demonstrated over and over again that they won't waltz with Obama. Their agenda is to destroy him and make him a one term president. And, oh by the way, take control of the Senate as well as the House. He has nothing to gain and everything to lose (his cred along with everything else) by compromising. Is he that pliable and approval hungry that he'll always seek to compromise instead of calling out the repubs? Make an effort to front a competing argument against republican lies, manuevering, and political warfare for crying out loud!
This user has chosen to opt out of the Badges program
photo
02:03 PM on 11/04/2010
Meet the Press transcript for August 1, 2010

MR. GREGORY: All right. Well, Dr. Greenspan, it's not often that you hear Democrats and liberals quoting you. But, in this case they did when it come to--came to tax cuts because of an interview you gave recently with Judy Woodruff on Bloomberg television. Here was the
question: "Tax cuts [that] are due to expire at the end of this year. Should they be extended? What should Congress do?" You said, "I should say they should follow the law and then let them lapse." Question: "So to those interests who say but wait a minute, if you let these taxes go my taxes go up, it's going to depress growth?" You said, "Yes, it
probably will, but I think we have no choice in doing that, because we have to recognize there are no solutions which are optimum. These are choices between bad and worse." You're saying let them all go, let them all lapse?

MR. GREENSPAN: Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day, that proves disastrous. And my view is I don't think we can play subtle policy here on it.

MR. GREGORY: You don't agree with Republican leaders who say tax cuts pay for themselves?

MR. GREENSPAN: I DO NOT.
01:44 PM on 11/04/2010
Send them a clear message. Tell them to raise the top tax rate closer to post WWII levels and end tax breaks for moving jobs overseas. Then ask as many people as you can to do the same, an overwhelming barrage of voters demands will be taken very seriously.

http://www.whitehouse.gov/contact
indamiddle
I do not support single party rule
11:11 PM on 11/04/2010
and then you woke up.......
photo
Raccoon1
These are the times that try men's souls........
01:42 PM on 11/04/2010
Borrowing money from the Chinese in order to give tax breaks to millionaires and billionaires seems like such a great idea?
01:43 PM on 11/04/2010
So they can stash away the bucks in off shore tax havens ...
Makes perfect sense.
photo
HUFFPOST SUPER USER
Rich Baska
BlueTrooth
01:38 PM on 11/04/2010
Geez, hold on to your shorts. The "compromise" will mean the Republicans break their biggest promise of all, NOT increasing the DEFICIT. Why are progressives so "hell bent" that they fail to examine the details or consider the reason for offering the "compromise" in the first place? And what the heck is soooo "crappy" about the Affordable Care Act? No "public option"? Why not throw the public option into the mix when Republicans open up the discussion to "repeal"? It was shown that a public option would REDUCE the deficit, right? More and more, it seems that Americans would prefer a "King or Queen" instead of a President.
01:42 PM on 11/04/2010
Who do you think will get the blame for the deficit? The republicans in the house, or Obama. Think about it.
photo
HUFFPOST SUPER USER
Rich Baska
BlueTrooth
02:18 PM on 11/04/2010
You are assuming the Senate would go along with the House, maybe you're right. I have given it a lot of thought. How would the debate go on the House floor? How much attention will the discussion of DEFICIT SPENDING get? And why would you assume the economy will flatline into 2012? Corporations can hold back organic growth for only so long. They will likely respond to the "ransom payment" and ease up on hiring restrictions. If unemployment drops, who gets the blame?
HUFFPOST COMMUNITY MODERATOR
joetherealist
The economy isn't broken; it's fixed
01:52 PM on 11/04/2010
Contrary to popular belief, the Repubs are going to do everything they can to INCREASE the deficit as long as Obama is POTUS. That way he gets all the blame and they can spout off their "tax and spend liberal" nonsense in hopes of defeating him in 2012.
photo
HUFFPOST SUPER USER
Rich Baska
BlueTrooth
02:24 PM on 11/04/2010
Republicans will increase deficit spending. They know that you really can "spend your way to prosperity" in the short term. The Recovery Act is proof that spending can create big swings in job losses from losing nearly a million jobs PER MONTH, to creating jobs on the plus side. It also reversed a shrinking economy (negative GDP) to a growing economy running at 2-3%. Pretty impressive, really, especially considering the Republican "solution" of doing nothing at all.
photo
HUFFPOST SUPER USER
rgilley
Question Authority!
01:36 PM on 11/04/2010
How can Republicans claim to be "deficit hawks" and then in the same breath demand that the top 2% of people get a tax cut THAT IS DUE TO EXPIRE that cost 700 billion dollars? Then Still justify being worried about the deficit. Basically, they are consumate liars who will say whatever thier corporate masters tell them to say.


"Reagan proved deficits don't matter," Vice President Cheney said in 2002 when pushing for a fresh round of tax cuts.
These people are so transparent in thier lies and misinformation and yet they still find enough dumbed down americans to vote them back into power after they gave us the worst resession in history. Go figure.
photo
themiddleistheproblem
Don't be afraid of the facts
01:35 PM on 11/04/2010
The public option and let the tax cuts for the wealthy expire is all the dems had to come through on, to maintain a 55% or higher approval rating. He is about to blow his second and only option (taxcuts) with this compromise (hijacking). This is his last chance before I defect to Howard Dean or someone else, anyone eles. LOL 600 million for the banks today, what a frickin joke.
photo
HUFFPOST COMMUNITY MODERATOR
american2008
01:35 PM on 11/04/2010
I won by 10 million votes, but I have to compromise. Bush won with less votes in 2000 and barely won in 2004 and he Never was asked to compromise. Repubs lost both houses in 2006 and 2008 and never compromised, they won only the House in 2010 and they want compromise? WAKE THE HEK UP AMERICA!
01:40 PM on 11/04/2010
Bush didn't admit to making a mistake either. As laughable as that was, it had a certain logic. If you are the leader, you can't afford to look weak.
01:32 PM on 11/04/2010
I thought this man had a college education and was street smart. Compromise means you do what the republicans want you to do.

When you compromise, you lose elections.

When you stand on principles, you WIN.

If Obama wants to win re-election, he needs to stop giving a dam- about re-election.

Start telling those lying, cheating and crooked republicans, "There is no compromise. I will fight you for the next two years. We compromised and got stabbed in the back. So now, I will expose you thugs for slime that you are. I will expose the media for the lies they are perpetrating on the public. I am coming after your corporate buddies on Wall Street, Main Street, Back Street or whatever rock they are operating from under. I don't care because I might not run for re-election? Your guess is good as mine. Come 2012, you will know. Until then, you rat bast--ds can kiss my black a--."

Man, I wish I could see that kind of fire come from Obama's belly.
photo
HUFFPOST SUPER USER
Paisano
Ex-Republican
01:30 PM on 11/04/2010
I'd rather see the President resign than compromise on Tax Cuts...