No I don't know you, but I go by what you write. you ignore facts and will not consider other opinions, so you are a bigot. I called out your answers and you defend them with nothing. That means you realize they are stupid but can't overcome your bias.
Na, I'm here to receive knowledge and give knowledge. Very few here will honestly consider other opinions so its pointless here to just say things. Have to be a little creative so pricks like you may think about some other viewpoint. But you are a lost cause, chick may not be.
And I answered yours as well when you asked about tax increases and I explained what's looming if he get re-elected, I answer every question directed my way......yet you respond with a close minded labeling, name calling......classic, you almost sound like a hardcore republican or democrate, I can't tell the difference in the small thinkers. I think I'll agree with Shane on this one.....
TigerChick, you didn't exactly answer Gumborue's question. He asked what tax increases you have incurred over the past 3 1/2 years but you deflected the question and instead provided an answer related to the future. Please answer his question: What tax increases have you incurred over the past 3 1/2 years?
Had to quote myself I guess, and I'll expand a little for you TinNC.......I'll guess 95% of his planned tax increases haven't kicked in yet, so when G'rue asks "what tax increases have I paid in 3.5 years" it's virtually little, however Obama is no idiot, he knows if he put in place all the taxes he has in store before the election, he more than likely wouldn't get re-elected. Every Presidents purpose of their first term is partially to ensure they get a second term.......would you like a list of what's in store?
I think any reasonable person would agree that taxes increases are not only pending but also very necessary. Republican and Democratic economists, at least the ones with some credibility left (by that I mean not the talking head "economists" that you see on partisan hack tv shows from both sides), agree that tax increases will be a necessary part of any debt reduction plan. Think about the reality of this argument: Mitt Romney is advocating a 5 trillion dollar tax cut right off the bat. Since we do not have 5 trillion dollars this will have to be borrowed from China. Our national debt just crossed the 16 trillion dollar mark so Romney would effectively increase the national debt to 21 trillion in one fatal signature. The consequences would be that our interest payments would increase exponentially. Further, Romney is not stating that he would INCREASE military spending. How will he pay for that? Couple this with the fact that the Paul Ryan budget doesn't balance the budget for 30 years. Can you imagine what our debt would look like if they simply do what they say they are going to do? Romney and Ryan, in their own defense, say that their tax cuts for the wealthiest Americans will generate more jobs. So much so that the increased tax revenue will not only cover the 5 trillion dollars in tax cuts plus the interest but also will be enough to reduce the national debt. Does any of that make practical sense to you? Not to me. Tax have to go up in order to balance the budget. But tax increases will not be enough. In fact, tax increases should probably comprise no more than around 30-35% of any debt reduction package. The rest should come from spending cuts to defense and entitlements and every bit of wasteful discretionary spending that can be found. I think the Simpson-Bowles commission should be revisited, implemented and followed to the letter. This was a bi-partisan commission that both parties failed to get behind. It seems Obama is coming around to the idea of it now and I hope the Republicans will do likewise after the election. The debt reduction deal getting accomplished will be the greatest incentive for business investment over anything else and when it is accomplished we will finally see a more robust recovery. The answer to our problems, as usual, is not a Republican or Democrat idea but a combination of them both.
Much of what TigerNC has merit. However neither taxing or cutting alone OR in combination will deal with the deficit or the debt. The only way to escape the hole we are in is by growing the economy. The best examples are in our recent path. It was the combination of moderation in spending and a fair taxation after 1994 that limited the growth of the deficit. However the burst of federal income came for the economic growth the nation had in that period. It was the boom that brought the money in and a boom is the only thing that will have sufficient impact to save us. Whatever we do to address the debt and deficit issues we need to find a path to build or rebuild a strong vibrant economy. This means real jobs not government sinicures, not minimum wage clerk positions or the like. One thing I absolutely agree with is that we need to build and repair railroads, roads, improve ports and airports to make commerce hum. We need to invest in our future in space. So much of what we havethrived off in the last 50 years is a direct result of the space program. Things like computers, materials technology, and the disciplines that support them (chemistry, electrical engineering, mechanical engineering) were advanced to meet the demands of the space program. We need to take advantage of the cheap energy resourses like natural gas to help reverse the flow of jobs to the outside. In fact that is happening now manufacturing jobs and factories are starting to be brought back to the US. I am working on a $500MM plant with Jacobs in BR to bring a chemical plant back home. The discovery of the huge natural gas deposits have changed the whole energy equation. Not only are we on the verge of energy self sufficiency but our CO2 emmissions today are lower than they were in 1994 due to the use of gas in power generation. We also need to rationalze our labor force and management practices to understand like Henry Ford a prosperous work force builds wealth for all. It isn't union vs non union unless you are only political. I work for Siemens a company that came to the US by buying failing domestic manfacturers and rebuilding them. We employ over 50000 people in the US and have invested in both union and non union factories. Siemens has changed an advasarial relitionship with unions to a partnership. We have to recognize we live in a global economy and we compete with companies and workers everywhere. If we fight on the same old themes we are doomed to collaspe of our own debt.
well said and I completely agree about investing in the things that will bring new technologies and new jobs like NASA, education, infrastructure, etc. I genuinely believe that our next boom will be from fossil fuels like natural gas and crude oil. As you said, natural gas has already proved it's worth in simply helping to reduce our CO2 emissions by 20%. this is a bit of good news that should be talked about more in the media.
We are overflowing with Nat Gas and NGL's.. We will export more than we import here shortly.. http://www.eia.gov/naturalgas/importsexports/annual/
