If the US defaults, whose will the fault be?

  • Thread starter Thread starter Guns Guns Guns
  • Start date Start date

If the nation defaults, who will you blame?

  • I will blame Obama

    Votes: 0 0.0%

  • I will blame the Democrats

    Votes: 4 33.3%

  • I will blame Republicans

    Votes: 8 66.7%

  • I will blame nobody

    Votes: 0 0.0%
  • Total voters
    12
  • Poll closed .
Damocles said:
You are confusing revenue increases with tax rate increases and attempting to play on the ignorance of the "masses".
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St. Hummer doesn't seem to comprehend we don't live in a vacuum and things aren't static. In his simple mind, if we raised $300 billion last year from the so-called "rich" ...if we increase their tax by 2%, we will raise an extra $6 billion this year. In actuality, what happens, is a different story all together. A tax increase causes changes in behaviors, specifically, it will discourage income earning, and instead of taking in MORE revenues, we will take in LESS. But St. Humminator can't comprehend this in his simple-minded brain, it just doesn't compute.

I loved Krauthammer's calculations yesterday, I hope it gets posted online somewhere. He calculated all of the things Obama mentioned in his speech, that he wants to cut or impose, from the corporate jet surcharge to eliminating tax breaks for oil companies, all of these things combined with raising top marginal tax rates back to what they were under Clinton... and he estimated that if we had passed that during the time of Jesus, and had collected the tax, (first in sheckles then in dollars), through all those years... it would not cover one year of the Obama budget.
 
\(\(\(\/)/)/)/ said:
Try to balance the budget without the Bush tax cuts, if you can:


http://www.nytimes.com/interactive/2010/11/13/weekinreview/deficits-graphic.html
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Sorry, but the New York Times is hardly a fair and impartial arbiter of how to balance the budget. I've seen this before, it's a cute little contrived piece of liberal bullshit, designed to make you think it's not possible to balance the budget without being a cruel heartless ogre. The choices are all black or white, and no option to be flexible is presented. Also, the calculations (all liberal calculations) regarding taxation and tax revenue, is considered as a static figure that never changes. We can raise and lower the rates, and revenues go up or down because nothing changes... but that's not the reality of what actually happens in the real world. People behave differently, their actions change, income earning is discouraged so there is less of it, therefore, less tax revenue. Your little NYT spreadsheet doesn't calculate for that, liberals don't understand it.
 
Yurt said:
if it happened on obama's watch, it is his fault

yours truly,

deranged liberal
Click to expand...

I hope we do default.

China and others would be the one's hurting the most.

Of course we could just stop all the welfare spending and pay the bill.

Just the same, I'm well prepared for it.
 
Liberty said:
I hope we do default.

China and others would be the one's hurting the most.

Of course we could just stop all the welfare spending and pay the bill.

Just the same, I'm well prepared for it.
Click to expand...

You don't have the slightest clue what you are saying.

Why don't you find out by defaulting on all your bills this years, retard, starting with your mortgage/rent.
 
Damocles said:
It is present in the presumption in your OP that rejecting tax increases is "rejecting" revenue increases.
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You're the only person talking about tax rate increases. I'm not the one presuming anything, you are.


As an aside, what revenue increases have the Republicans proposed?
 
The poll is tied right now between blaming the GOP or the Democrats.

Where's Ice Dancer to declare that Dixie "won when it counted"?



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