Bush Tax Cuts Caused S&P U.S. Debt Downgrade

If only we could put that up for a vote.

You explain the US voters what you mean by "enumerated duties" and explain to them all the benefits they will lose.

You do realize Ron Paul and the Constitution Party COMBINED received less votes than Ralph Nader did in the last Presidential election?

I would laugh at the outcome of that election where you spell out your radical, absurd, fiscal plan to US voters.......LOL

 

Lets just say the Bush tax cuts did cause S&P to downgrade the US. In December of 2010 Obama extended the Bush tax cuts. This means the S&P is Obama's fault not Bush's.

How about everybody in the US gets taxed instead of 60% of Americans and then the tax rate gets lowered for everybody.

 

I stopped reading here since the stupidity meter went off the charts.

 

I LOL on a daily basis at people who pretend that the federal government is not overflowing with waste and corruption.

You can even raise taxes on the rich, if only you would fix the tax codes and close the loopholes. But guess what, neither party is interested in that because they are funded by the bankers, mega-corporations and special interests.

Obama has not appointed ex-CEOs of the mega-banks and kept Bush's money-machine, Bernake, employed. Kidding, he has.

 

Cut,Cap,and Balance is what S&P wanted.It passed the House,only to be tabled by Reid ,who called it the "Worse piece of legislation he ever saw".

What hurt us was the DEBT owed,and massive spending,NOT REVENUE.Cutting our spending by $4 trillion would have kept our sterling rating.Its not rocket science man!Its like the more you owe on your credit cards,and past due bills,the more likely the big 3 credit agencies(Transunion,Experian,Equafax)will lower your score and give you a bad rating,the more difficult it will be for you to take out a loan,take out a mortgage to buy a house,or buy a new car,well ITS THE SAME (*)(*)(*)(*) THING WITH S&P DOWNGRADING US.
Even a pre-schooler could understand this.

 

By all means, show us your imaginary Lftninny make believe world numbers.

 

They know...they just do not care. It is not about balancing the budget or fiscal responsibility. It is about class envy and hate.

 

An elementary school dropout created that talking point.

 

Show us the numbers.

Me thinks you are hopelessly lost to the world of liberal suckism.

 

DemCount in action (the use of imaginary numbers)...a 100% cut to defense would raise half the deficit. Now all we need is a $600Billion tax increase, which is more than doubling the taxes on everyone making more than 200K..

So we eliminate defense and steal twice the taxes on the rich and we are still running a deficit...and still cannot pay those pesky entitlements..

(*)(*)(*)(*)...wish I could use DemCount and make up numbers.

 

actually I think they want to balance the budget but they want somebody else to pay for it!

 

That is the essence of Liberalism...as Thatcher noted, “The trouble with socialism is that you eventually run out of other people's money.”

 

Federal Tax Revenue After The Bush Tax Cuts



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Cut,Cap,and Balance is what S&P wanted.It passed the House,only to be tabled by Reid ,who called it the "Worse piece of legislation he ever saw".

What hurt us was the DEBT owed,and massive spending,NOT REVENUE.Cutting our spending by $4 trillion would have kept our sterling rating.Its not rocket science man!Its like the more you owe on your credit cards,and past due bills,the more likely the big 3 credit agencies(Transunion,Experian,Equafax)will lower your score and give you a bad rating,the more difficult it will be for you to take out a loan,take out a mortgage to buy a house,or buy a new car,well ITS THE SAME (*)(*)(*)(*) THING WITH S&P DOWNGRADING US.
Even a pre-schooler could understand this.

 

The TEA Party is 33 members of the total 645 Congress.... that is 5%. We must be uber powerful!

Here comes the truth that the Liberals / Democrats / Obama / Reid / Pelosi will not debate....

THE U.S. CONGRESS DID NOT MAKE ANY SIGNIFICANT CUTS.

The TEA Party wanted real cuts off the current budget which would be frozen, not of the baseline increases which is what happened. The TEA Party DID NOT get the deal it wanted.

With this deal that was all about the Democrats and the establishment Republicans which most TEA Party members VOTED AGAINST we have the following result.

The U.S. DEBT will be $25 TRILLION in a decades time.

I hope these facts are getting through to you liberals.

The TEA Party wanted a 1% cut off the current budget and for it to be frozen. Then each year an additional 1% cut would be made. In 8 short years we would have a balanced budget and be able to pay down the debt. Had we done that, we would have maintained our top rating.

But...

BARACK OBAMA AND THE DEMOCRATS REFUSED TO MAKE REAL CUTS.

So now the country gets....



DOWNGRADED !!!

 

Why don't learn to read rather than ask me to show you what I've linked to over three times in this thread?

 

"Revenues" are just a euphemism for populist heroin. The masses want their free goodies and the politicians want to keep them happy. Simple as that.

 

It's so typical or right wing cultist to attack newspapers of record when they come face to face with facts that don't fit their ideology. These two experts on the Federal Budget that put together the New York Times budget analyzer that I linked to are so above your level of intellect and honesty that I can see how you couldn't comprehend what they said.

 

"Modest cuts" is a meaningless platitude. Give us specifics.

 

You haven't presented any objective information. Just meaningless platitudes and empty appeals to math.

Give us your specific plan. What do these "modest" numbers entail?

 

Your silly NY Times "Let's Fix the Budget Game" is a childish joke, based on completely unsubstantiated numbers; IOW, it's how the Spendocrats ALREADY OPERATE...

That's your Big Solution?

Let us know when you want a shot a reality...

 

Please cite sources specifically saying they wanted cut cap and balance.

 

It's in the link!!!!! The biggest of which would be to let the Bush tax cuts expire on household income over $250K. That would have the top "marginal" (not effective) tax rate go from 35% to 39% for income over $375K per year.

 

Right ; the TWO "BUDGET EXPERTS". What a joke. Completely unsubstanitiated bullcrap.

A NY Times OP-Ed interactive GAME, for Pete's sake.

Good Gawd....

 

So cut enough and revenue doesn't have to raise. You can't demand more money from your company, but you can stop spending like a drunk and manage your finances.

Of course the most telling statement comes in here...

So Obama's obstructionism is likely to be halted by 2012... but it may be too little too late.

I realize this is difficult for the left to swallow... but it is all right there, in black and white.