Fed Deficit vs Taxes - Page 2 - PeachParts Mercedes-Benz Forum

POS · #16 08-28-2009, 08:17 AM

Quote:

Originally Posted by tankdriver

Who would've thought the legacy of recent Republicans would be out of control deficits.

Who would have thought Obama would destroy the country in six months. Yes, my statement is just as stupid as yours.

aklim · #17 08-28-2009, 08:38 AM

Quote:

Originally Posted by DieselAddict

Notice how the interest on the debt keeps piling on. This is exactly why we citizens should demand the govt cut spending AND raise taxes, though logically doing that during a recession would be problematic, but it should be done ASAP. One big problem I see is that Americans want all these govt services but don't want to pay for them. They'd rather have a tax cut than a tax increase even though it's gonna cost us more in the long run.

Problem is someone comes along and sounds real good with his ideas and he gets the job. Fact is people like something that sounds good. Never mind investigating it, never mind thinking if it can work. If it sounds good, buy it. Why do you think all those "I feel your pain" or "we care for you" crap works?

JollyRoger · #18 08-28-2009, 09:47 AM

Quote:

Originally Posted by POS

Who would have thought Obama would destroy the country in six months. Yes, my statement is just as stupid as yours.

That's pretty funny. It's like accusing the wrecker driver of smashing up your car.

mgburg · #19 08-28-2009, 10:30 AM

Quote:

Originally Posted by JollyRoger

That's pretty funny. It's like accusing the wrecker driver of smashing up your car.

Here's a funnier, but better yet, scenario...and more true...

It's like pointing out to the "captain" of your little weekend boat-outing that the Niagra Falls are up ahead, but he still insists that going forward is still the quickest way to end the rough boating trip...

Hatterasguy · #20 08-28-2009, 12:02 PM

Quote:

Originally Posted by MS Fowler

Will Rogers said that when you find yourself in a hole, its time to stop digging.

Words I live by.

DieselAddict · #21 08-28-2009, 01:10 PM

Quote:

Originally Posted by Hatterasguy

Words I live by.

I didn't see you live by those words during the Bush years, maybe just toward the end as he was bailing out everyone, but the deficits started shortly after he took office and were made much worse by the wars and tax cuts.

DieselAddict · #22 08-28-2009, 01:13 PM

Quote:

Originally Posted by aklim

Problem is someone comes along and sounds real good with his ideas and he gets the job. Fact is people like something that sounds good. Never mind investigating it, never mind thinking if it can work. If it sounds good, buy it. Why do you think all those "I feel your pain" or "we care for you" crap works?

Exactly, as we already discussed. But you seem to succumb to that "I feel your pain" crap as well. After all I remember you disagreed with Bush Sr. raising taxes to correct the deficit that Reagan helped create. Never mind that the tax increase opened the door to the very prosperous and fiscally sound 90's.

aklim · #23 08-28-2009, 01:25 PM

Quote:

Originally Posted by DieselAddict

Exactly, as we already discussed. But you seem to succumb to that "I feel your pain" crap as well.

After all I remember you disagreed with Bush Sr. raising taxes to correct the deficit that Reagan helped create. Never mind that the tax increase opened the door to the very prosperous and fiscally sound 90's.

I would doubt it since I don't believe in people being good.

I disagreed with it from the standpoint that he pledged against it and broke his word.

DieselAddict · #24 08-28-2009, 01:49 PM

Quote:

Originally Posted by aklim

I would doubt it since I don't believe in people being good.

I disagreed with it from the standpoint that he pledged against it and broke his word.

Yes he did break his word, but are you denying that it was good for the budget and the economy?

aklim · #25 08-28-2009, 01:52 PM

Quote:

Originally Posted by DieselAddict

Yes he did break his word,

but are you denying that it was good for the budget and the economy?

Good enough. Resignation would have been acceptable for me

I don't know. Could the economy have done better without it? Could it have done worse? Could it have little effect? That all is disputable.

DieselAddict · #26 08-28-2009, 03:35 PM

Quote:

Originally Posted by aklim

Good enough. Resignation would have been acceptable for me

I don't know. Could the economy have done better without it? Could it have done worse? Could it have little effect? That all is disputable.

Having a balanced budget is good in the long term, no doubt about it. Deficits should be only temporary and be tolerated only when raising taxes or cutting spending could push the economy into a full scale depression.

aklim · #27 08-28-2009, 03:40 PM

Quote:

Originally Posted by DieselAddict

Having a balanced budget is good in the long term, no doubt about it. Deficits should be only temporary and be tolerated only when raising taxes or cutting spending could push the economy into a full scale depression.

All of which is besides the point. Point was he pledged one thing. If he cannot keep that pledge, resignation would be the acceptable punishment for pledge breaking. Otherwise, anyone can make wild promises and when it comes to crunch time, "Whoops, can't do that. Have to break my promise for the greater good.".

DieselAddict · #28 08-28-2009, 03:44 PM

Well, he only got 1 term, didn't he? But from what I've seen it wasn't just the tax increase. During the debates he seemed more out of touch and not as sympathetic to people's pain as this Clinton guy was.

aklim · #29 08-28-2009, 03:50 PM

Quote:

Originally Posted by DieselAddict

Well, he only got 1 term, didn't he? But from what I've seen it wasn't just the tax increase.

During the debates he seemed more out of touch and not as sympathetic to people's pain as this Clinton guy was.

My point was that he should have resigned on the spot not wait to be voted out of office. If it were my employee that made a promise they later broke, I'd fire them or let them resign on the spot. I don't like people that make promises they cannot keep or have no intention of keeping. IMO he should have investigated things better before making such promises. I also think he was hoping he wouldn't have to get to that point but it did. If your word is not your bond, what is the point of anything else you have to say?

Somehow, I think the breaking of his word sunk him more than Clinton.

DieselAddict · #30 08-28-2009, 08:11 PM

The sad part is that you pretty much have to promise tax cuts or at least no new taxes to win the presidency. Americans are nowhere near as concerned with the national debt as they are with the taxes they have to pay.