There needs to be a big media bi partisan survey done, to demonstrate how our economy is doing. The survey, could show our confidence or lack of confidence, in our economy. Chances are that the only economically stable Americans, have a tax fed job, get some kind of fed entitlement, receive guaranteed tax payer bailout retirement funds monies, or are in the military working, at -2.00 an hour. This could give all serious believers in our economy an honest platform to work off of. Truth be told, those that have guaranteed government jobs, will never give those up. Keep on rolling America. One day, we will all have a government job!! Investing monies into the stock market will not make any sense. The only way to make any money will be through tax funded gigs. This is why monies, are filtering out of the stock market. It can be called "oh shoot, we are screwed" creep. I hope I am wrong.
so if the bill was paid for 4 in Libya would that restore a stable bridge over the fiscal cliff , I think the divide is clear , but is mind set of both sides clear ? I have no clue as to what ships will drift to close the gap or from what port.
Increasing taxes for the rich won't put a dent in the dollars needed to fix this economy. The first poster was correct in his statement as we will never see this economy improve and we are heading for the biggest collaspe in history. The student loans are sitting on the 'bubble' right now. As the weeks progress, you will see the DOW continue to fall, businesses fail, corporations like Suzuki move out of the US and American will be in the Greatest Depression ever! The president deserves credit for nothing as he has not improved anything. He made the same promises made 4 years ago and remains in office because people believed his empty promises, but he doesn't have to worry these next 4 years, who is there to hold him accountable? He doesn't need you anymore, he got exactly what he wanted from you and now he will move on to his agenda he started way before 2008. He stopped needed the American people the minute Ohio moved to his column. I'm sure he and all his foreign buddies are laughing it up via conference call as we speak! Thank you Dems, thank you for handing over the country to a president that hates us and has committed treason. And mostly, thank you CBS and your cohorts in the media for blocking out the news and information that Americans needed to know and making this the most bias campaign ever wittnessed to date. Way to be! I suggest we all start taking Chinese lanuguage courses immediately.
MERRICA2012 replies: I wouldn't count on it! But whatever makes you sleep better at night
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Of course you wouldn't count on it. Even though you've seen this happen dozens of times now. You won't count on it because it doesn't serve your purpose. You need that glass to be half empty so you can make a point.
So really, it's the bad news that helps you sleep, not the good news.
When the market was tanking for real in 2008, Cons voted for the guy who told them the fundamentals of the economy were strong. Now, one day is the President's fault since he's a Democrat? Why not blame Boehner for essentially telling us all that the Republicans still won't seriously put increased tax rates for the rich on the table?
To let Obama have the "Credit Card" back is the height of stupidity. Be thankful there is still someone in position to tell him no. Of course he could roll back the spending he ushered in during his first two years. He won't lose an election anymore when the handouts dry up. He is "Term Limited". Keep in mind the Socialist Hitler was "rich bashing" too.
Yep. We need to both cut defense spending in a big way and increase revenues from the rich. Then, we need single payer health care to reduce future medical spending. Actually, Hitler abandoned the socialists when he secured power. Check what happened to Ernst Rohm and why.
We need to abolish the stock market and return to a kinder gentler nation like Sweden. They let their bad banks go bust in the late 90s and started anew. Now they have the most robust economy in Europe. America isn't that sophisticated yet.
Yes, let banks go bust and start anew, sticking the taxpayer with the bill for corporate welfare. The only thing that saved Sweden was a telecom boom that filled the hole.
Sophisticated is having regulations in place to prevent the bubble in the first place.
Folks know what is coming from Obama, higher taxes, more regulations on their businesses, and if you own a business Obamacare will really hurt you big time with additional costs. Amazing CBS continues to cover for Obama just like they held out information on libya until a few days before the election.
The Republicans want to fool us by simplistically grouping everything with the same name in the same category. Every tax increase is bad, every regulation is bad. Then all you have to do is declare that something is a tax increase or a regulation and they expect their followers to nod their heads in agreement with no need for analysis like so many zombies.
The real world is not anywhere near as simplistic as you imply. Whether a tax increase or a regulation is good or bad depends entirely on its purpose and who it targets.
Believe it or not, there are some people who earn significantly more than we do but pay significantly less taxes because of loopholes. Getting them to pay their fair share of taxes is not bad in my opinion.
As far as regulations go, you need to look at their costs vs benefits to see if they are good or bad. For example, compounding pharmacies must satisfy strict regulations regarding sterilization. Yes, this does require more work and hassle on their part but the alternative is what we witnessed with the meningitis debacle where a company didn't follow the regulations and many people died as a result. One of them could have been you or me.
There's also a hidden message in statements like yours, a re-broadcast from the Reagan era, that basically says that if you lower taxes and remove regulations on corporations they will use that advantage to hire more people and you will get trickle down of the benefits. That connection is no longer very strong in the days of multinational corporations. It used to be that their prime way of making money was to provide more products or services which required hiring more people. Now they have many more options.
The liberals got what they wanted. A clueless fool who has no idea how to fix the economy but will keep the handouts coming. We'll see what happens when the money runs out and there are no longer enough productive people left to steal from.
Hunt. I vote against any tax increases. I do not need anyone to tell me this. Combine them all as it is and better than half our income is stripped from us. Sad to see that people still haven't figured out that businesses never ever pay taxes. We do. They simply pass it on in increased prices. Add to that government is always whining for more taxes when they don't spend what they get on what it was collected for. For those who whine and cry about loop holes, try a simple flat tax with no deductions for anyone fore any reasons. Problem solved. The US Constitution did not originally authorize a federal income tax. The Founding Fathers knew it was bad. Limiting government revenue also encourages the feds to stay within the scope of authority granted to them by the US Constitution. The federal income tax was a temporary tax to fund a war. A war that has been over long before most of us were born. There is still some controversy whether the amendment authorizing it was actually ratified properly.
Quite frankly, Hunt, "...there are some people who earn significantly more than we do but pay significantly less taxes because of loopholes. Getting them to pay their fair share of taxes is not bad in my opinion." is precisely what Romney was saying. Nobody wants their ox gored so we have Obama. Guess what comes next.
The stock markets inversely track human misery, companies lay off workers, and the stock price rises. Expand business, hire more workers, or give existing ones raises, the stock price drops.
A falling market is not a bad thing, to blame them on a president is ridiculous, unless you also give the president credit for the social improvements also.
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well this is a signal of strong confidence ?
so if the bill was paid for 4 in Libya would that restore a stable bridge over the fiscal cliff , I think the divide is clear , but is mind set of both sides clear ?
I have no clue as to what ships will drift to close the gap or from what port.
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Of course you wouldn't count on it. Even though you've seen this happen dozens of times now. You won't count on it because it doesn't serve your purpose. You need that glass to be half empty so you can make a point.
So really, it's the bad news that helps you sleep, not the good news.
How screwed up is that?
Sophisticated is having regulations in place to prevent the bubble in the first place.
The real world is not anywhere near as simplistic as you imply. Whether a tax increase or a regulation is good or bad depends entirely on its purpose and who it targets.
Believe it or not, there are some people who earn significantly more than we do but pay significantly less taxes because of loopholes. Getting them to pay their fair share of taxes is not bad in my opinion.
As far as regulations go, you need to look at their costs vs benefits to see if they are good or bad. For example, compounding pharmacies must satisfy strict regulations regarding sterilization. Yes, this does require more work and hassle on their part but the alternative is what we witnessed with the meningitis debacle where a company didn't follow the regulations and many people died as a result. One of them could have been you or me.
There's also a hidden message in statements like yours, a re-broadcast from the Reagan era, that basically says that if you lower taxes and remove regulations on corporations they will use that advantage to hire more people and you will get trickle down of the benefits. That connection is no longer very strong in the days of multinational corporations. It used to be that their prime way of making money was to provide more products or services which required hiring more people. Now they have many more options.
A falling market is not a bad thing, to blame them on a president is ridiculous, unless you also give the president credit for the social improvements also.