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 .
David St. Hubbins said:
That's pretty silly, SF. The Democrats have compromised and adopted 98% of the ideal Republican plan from three months ago. In response the Republicans walked. The Republicans have compromised on exactly nothing. Instead, they are taking the position that potentially causing a global economic recession and causing a debt explosion is preferable to any tax increases whatsoever. It is insane.
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That is quite silly Dung. The Democrats saying 'tax the rich/corporations' is not a compromise. It is a job killer proposal. Revenues can be raised without raising taxes.

Formal budget proposals aren't going to resolve the conflict. The parties are negotiating a budget. What purpose would a formal budget proposal serve at this stage of the game?
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No, but they do help keep the idiots accountable. When we allow them to go years without a budget we end up in the very situation we find ourselves today.

A former budget proposal would allow us all to see where the differences are between the two parties. All we have now is a bunch of claptrap coming from the rudderless Dem party.
 
Return of Dune said:
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.
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That's right!

I hope we default!!!

By the way,,,, I may buy a new house soon. I'm just trying to talk the price down a bit more. These housing prices are great!
 
David St. Hubbins said:
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?
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Really? Did you forget what you posted two days ago, moron?

David St. Hubbins said:
What has changed between then and now? Deficit hysteria.

Back them the concern was keeping the economy going. Now, no one apparently cares about that and instead care only about cutting the deficit. Well, if you want to cut the deficit you have to increase revenues and to increase revenues you have to increase taxes.
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I voted it would be Democrats fault if we default. First of all, we are not going to default, it doesn't matter if we raise the debt ceiling or not, default is not going to happen. We're being told this, relentlessly, by the mainstream media and liberals, who want to make you think there is no other option but to raise the debt ceiling and increase taxes. The 'option' is to cut spending, dramatically. Yep, it will be painful... Yep, a lot of our pet projects are going bye-bye... Yep, Democrats will play the Mean Old Republicans card... But we can indeed cut spending enough to pay our debt obligations, and that is what we would do before we defaulted on our debts. Now... given the poll question asked who would be to blame IF we defaulted, it would HAVE to be Democrats, who would rather cling to entitlements which can't be paid for, instead of paying our debtors. If it came down to that, I am sure some idiot Democrats would allow us to default instead of reforming entitlements...ergo, it would be Democrats fault.
 
Superfreak said:
That is quite silly Dung. The Democrats saying 'tax the rich/corporations' is not a compromise. It is a job killer proposal. Revenues can be raised without raising taxes.
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You've got to be kidding me. That's the most ridiculous shit I've read in a while. Any deficit deal is a job-killer proposal. If anyone gave a fuck about jobs the debt ceiling would have been raised months ago without any fanfare, no one would be talking about short-term deficits and instead we'd be talking about ways to improve the economy and increase output. But no one gives a shit about jobs and economy anymore.


Superfreak said:
No, but they do help keep the idiots accountable. When we allow them to go years without a budget we end up in the very situation we find ourselves today.
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That's all well and god, but it has nothing to do with the debt ceiling negotiations occuring right now.


Superfreak said:
A former budget proposal would allow us all to see where the differences are between the two parties. All we have now is a bunch of claptrap coming from the rudderless Dem party.
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Obama submitted a budget, it was rejected. The Republicans passed a budget, it was rejected. The parties negotiated a budget deal to fund the government to avoid a government shut down. Now you want the parties to do what exactly? The budget fight is over. And really, the debt ceiling issue has nothing to do with whether we have formal budget proposals on a year to year basis. Tying the two issues together is silly.

We know the rough outlines of the negotiations and I imagine we'll be getting more and more specifics in the coming weeks. As it stands now, the Republicans demanded $2.4T of debt reduction and the Democrats have agreed with that number. The Republicans want 100% spending cuts, the Democrats proposed 87% spending cuts and 13% revenue increases (not through increased tax rates). The Republicans walked.
 
back to the nigel spin of you can only raise revenue by raising taxes....but wait...i didn't really say that!!!!!

lol

why don't you come clean nigel
 
Yurt said:
back to the nigel spin of you can only raise revenue by raising taxes....but wait...i didn't really say that!!!!!

lol

why don't you come clean nigel
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Closing tax loopholes by eliminating deductions and exclusions would increase taxes but not increase tax rates. Fucking halfwits.
 
David St. Hubbins said:
Closing tax loopholes by eliminating deductions and exclusions would increase taxes but not increase tax rates. Fucking halfwits.
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taxes have been cut in the past and tax revenues have increased. that is a fact. and that is one of the republican proposals. put money back in the hands of the people to invest, start businesses etc....and then tax revenue will increase via sales, income etc....

just like raising taxes to an unsustainable level doesn't work, neither does lowering taxes to an unsustainable level work. that is why i believe the pubs are morons for wanting to extend the bush tax cuts on the very wealthy
 
What would actually happen if the United States blew through the Aug. 2 deadline?

http://abcnews.go.com/Business/Politics/anatomy-debt-default-united-states/story?id=13940811
 
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