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For a foreign policy debate

Posted: Oct 22, 2012

Obama sure mentioned "roads and bridges" a lot. His default setting. :);

As a sensible suggestion for jobs VETERANS are - uniquely suited to do.

[ In Reply To ..]
Like using a computer, default settings often return the system to stability after it's taken on a bunch of confusing input that does not compute. It was Romney who kept trying to high-jack the debate topic. He was behaving like a generic GOP MTStars Politics poster when confronted with facts they cannot deal with.

I am a Dem, but afraid Obama is going to lose - It's the economy that matters to most. nm

[ In Reply To ..]
nm

I'm - voting

[ In Reply To ..]
for Obama because the economy does matter, along with other things, and I know that Obama is doing all he can for the economy, but also know he can't fix the economy by himself. The shape of the economy was going downhill before he came in office and is getting better now, and I want to keep it on track. The old tax cuts for the corporations to create jobs theory does not work and that is what you will have with Romney.

I agree. I'm voting to keep the recovery on track too. - nm

[ In Reply To ..]
x

Sstock market doubled, consumer confidence up, hiring up, housing up - Much better

[ In Reply To ..]
Things are not as good as when we were in that sugar-coated Bush bubble that exploded all over us, but there is a lot more solid base to support the economy now.

Obama wants policies to bring jobs back from overseas including tax credits for businesses to bring jobs back. Romney would just do the old Bush tax cuts and force American workers to compete with China's $1.00 per day wages.

Lowering tax rates increases tax revenues - JC

[ In Reply To ..]
Democrats keep pointing to the fact that the stock market is up as a positive thing for Obama yet they hate the rich who benefit the most directly from an increase in the stock market. When the stock market goes up, it means that companies are more profitable. During Obama's presidency, some companies have become more profitable because they let so many people go. I am afraid that large companies are going to figure why hire more people in the future since they are getting by on what staffing levels they have now.

Also, Obama's plan is to give tax credits to hire people. Tax credits are one shot deals. Once the person is hired, it is an ongoing cost. Lowering tax rates provides long term relief to help pay for the employees they hire.

Democrats also say lowering tax rates doesn't increase tax revenues but in recent history: Reagan lowered tax rates and tax revenues soared, Clinton lowered tax rates after the house and senate went republican and tax revenues soared and resulted in surpluses, Bush Jr. lowered tax rates and tax revenues soared (unfortunately spending increased as well). I wish the Democrats would provide government data showing it doesn't work, but they cannot.

Bush Sr. capitulated to the Democrates and raised taxes and the economy got worse and tax revenues went down.

NO! That something-for-nothing trick failed under Reagan and failed - under W. Made rich people super rich, tho, SM

[ In Reply To ..]
which is, of course, why we did it all over again after the Reagan era experiment caused the largest non-war growth in deficit in our nation's history.

STOP falling for this huckster trick. You can't afford it.

The Democrat control of the house and senate caused the increased spending - JC

[ In Reply To ..]
Does anyone hear even know that as President Reagan was just coming into office that they changed from zero based budgeting to baseline budgeting? Instead of starting from scratch each year in building a budget, the base-line budget automatically increases the budget by a certain percentage. Back then I believe the % increase was around 8%. Also, at the same time they eliminated the requirement that medicare (or medicaid) no longer had to bid out purchases.

The problem with Reagan's deficits was not the tax cuts, it was that politicians just can't stop spending. That happens under all presidents, however, Obama took spending to unprecedented levels. We need term limits to get rid of the cronism and a balanced budget amendment. Most states have balanced budget amendments. It is high time the Federal government was forced to balance its budget. I agree with Mitt Romney, we have to look at all programs and decide is it worth it to borrow our future children's money to pay for it. What about Obama's promise to surgically cut the budget. In 2009, Obama increased the Federal budget by almost 30%. I calculated that from government statistics. Also, the stimulus of $800 billion was added to our baseline budget. If we eliminated that $800 billion just think of how small our deficit would be.

Trickle-down economics do not work. - anon

[ In Reply To ..]
Didn't work under Reagan and the Bushes, won't work now.

Actually it did, but you seem to prefer trickle down government - JC

[ In Reply To ..]
You are stating an opinion and not a fact. Where are you getting your facts from?

Obviously in any economy there are going to be some people that don't benefit. For example, if we eliminated the income tax and went to a federal sales tax, people that prepare income taxes would go out of business. There is a proposal called the Fair Tax (read the book by Neal Bortz), which is a consumption tax. This would result in all people having "skin" in the game and all the money earned on the black market that is not taxed would be taxed when spent.

Raising taxes does not help improve anyone's life except those people that get government jobs to administer that money. And they administer that money very poorly. You put too much faith in the government.

Do you think that if they raise taxes on the wealthy that they will reduce your taxes? No, history has shown that they will just spend more money. In NY about 5-6 years ago, there was an unexpected $2 billion dollar surplus. What did they do with that money? Pay down the debt? Put it away in a rainy day fund? Nope, spent it all. That is what the federal government does whenever they raise taxes, the just spend more money. Don't be fooled by the lies.

Applications for all types of government benefits do not take - decades to process.

[ In Reply To ..]
There is no voo-doo economics (love that GOP-on-GOP slammer) involved in what you are applying for or in the amount you receive. In other words, no uncertainty, like we are getting by the truckload out of the Romney camp.

it wasn't the lowering of tax rates under Reagan and - azmt

[ In Reply To ..]
Clinton but the increase in gov't jobs, i.e. police, firemen and teachers, that caused the economic growth, proven the best way to get out of a recession.

What a load of crap - JC

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More government jobs? I am not against having a sufficient amount of police, firemen, etc. but that is ridiculous.

Where does the money come from to pay for those jobs? It is just a transfer of money. It does not increase economic output, just spending. A job in the private sector produces a product or service which results in a profit which results in expansion and more jobs. You just cannot make that case for a government job.

Most government jobs pay more than the equivalent in the private sector. There is going to come a point where the taxes that tax payers pay cannot support the government jobs.

Your argument is like Nancy Pelosi saying that unemployment benefits is the best stimulus. What a crock.

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