Thread: Thank you George

It seems George Bush has finally done something right. He has been such a miserable failure that many on the right have abandoned his way of thinking in addition to the next generation being repulsed by it. He has provided for not only a democratic president but also a democratic sweep of congress. If his sole desire as president was to ruin the credibility of the republican party he has succeded brilliantly.

There is no question that democrats will be able to enact change with this type of majority. Without Bush paving the way for democratic control I don't think Obama would stand a chance at really changing things like health care and getting some more liberals on the supreme court. Thanks again George, we could never have done it without you!

What changes do you believe democrats will enact other than raising taxes?

Originally Posted by Silkheat

What changes do you believe democrats will enact other than raising taxes?

Many people will have new homes as they will have to move out of their old ones.Seriously the only enacting a dem wants is removal of Bush besides that anything Obama wants to do is fine. We are not talking about the sharpest knives in the drawer except when it is buried in someones back.

Originally Posted by Silkheat

What changes do you believe democrats will enact other than raising taxes?

I think if you read my post again you will see I explicitly mentioned two of them.

Originally Posted by Silkheat

What changes do you believe democrats will enact other than raising taxes?

There is a thing called internal debt - go look up in your economic text book and then I'd like to see your take on this; decreasing your taxes by borrowing from you while borrowing from foreigners by putting your household on debts with external debts to double the trouble. Borrowing from you and then also borrowing on you - decreasing taxes.

Seriously I am surprised any educated American is even buying this.In simple words, that means it is big big trouble for the tax payer; Your kids will be eating 100 dollar toffees.

Originally Posted by Desidude666

There is a thing called internal debt - go look up in your economic text book and then I'd like to see your take on this; decreasing your taxes by borrowing from you while borrowing from foreigners by putting your household on debts with external debts to double the trouble. Borrowing from you and then also borrowing on you - decreasing taxes.

Seriously I am surprised any educated American is even buying this.In simple words, that means it is big big trouble for the tax payer; Your kids will be eating 100 dollar toffees.

You left out printing new money. The money supply doubled under Bush, and had they not gotten rid of M3 by now it might be tripled. Under such inflationary tactics how are we supposed to get by with higher taxes?

Here is a clue that neither party offers: Drastically cut government spending.

Originally Posted by Pragmatist

I think if you read my post again you will see I explicitly mentioned two of them.

Nothing will be done about health care, and the supreme court nominees is tepid at best.

Is there anything of value you think they will accomplish?

Originally Posted by Desidude666

There is a thing called internal debt - go look up in your economic text book and then I'd like to see your take on this; decreasing your taxes by borrowing from you while borrowing from foreigners by putting your household on debts with external debts to double the trouble. Borrowing from you and then also borrowing on you - decreasing taxes.

Seriously I am surprised any educated American is even buying this.In simple words, that means it is big big trouble for the tax payer; Your kids will be eating 100 dollar toffees.

Raising taxes is understandable. Raising taxes in a recession is idiotic. Raising taxes while not cutting the majority of spending will cause a depression.

Originally Posted by freckles

Raising taxes is understandable. Raising taxes in a recession is idiotic. Raising taxes while not cutting the majority of spending will cause a depression.

How come it seems some people just don't listen? Those truly in for a hard time if we end up in a protracted recession are the ones struggling to survive as it is. Obama has said he is NOT raising the taxes on these people. He has said 95% of Americans will see reduced taxes, not more of them.

Originally Posted by Silkheat

You left out printing new money. The money supply doubled under Bush, and had they not gotten rid of M3 by now it might be tripled. Under such inflationary tactics how are we supposed to get by with higher taxes?

Here is a clue that neither party offers: Drastically cut government spending.

No. People will be out of jobs. The government's only sources of income are tariffs and taxes. If you think it doesn't need to increase taxes to pay off debts you are saying that you don't need a raise at work to pay off your increased debts.

How else do you think it'll earn money? The government is employing millions - that said, it is also the biggest employer in the country. So you want people to be off work so you can enjoy even lower taxes? No, it's time to pay for the services, you need to suffer the consequences of bad governance - people *must* pay higher taxes.

Because governments are everyone's responsibility. Take voting more seriously. The American population is in serious crisis. I am surprised people now even talk about *decreasing* taxes with both colossal internal and external debts. How the heck will you pay for it? It's impossible.

Don't fall for the republican marketing machine. It's empty and full of nonsensical ideas. No economic professor in any of the major universities in America will ask the government to reduce taxes again. No one.