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Do you literally simply never pay attention to the news at all? :D |
It's not the Govt.'s money. The $25,000 they say they are losing isn't theirs in the first place!
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I would imagine, considering that there are 5-8 unemployed for every job position, that few are coasting on that generous "below minimum wage equivalent" rather than working. If you were making minimum wage, you don't get $300 a week. You get less than half that - and they take taxes out of it. If you were making $60,000 a year, you will get $250 or $300 a week. That's not very attractive when you used to make that in a day. I'm sure some lazy people that only had a minimum wage job might be willing to try and live on $100 a week rather than work. But those folks are not getting $300 a week. Unemployment only pays a small percentage of your income, as reported to the state for tax purposes in the previous year's time. And unemployment doesn't require a CPA to take a job at McDonalds just to work. Quote:
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People who already ran out aren't going to get anything, only people who are drawing now.
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This whole thing isn't a done deal by any means. Tax bills come out of the House. John Boehner has already publicly admitted he's not even whipping his caucus to vote for this (the GOP is still completely obstructing anything Obama wants - un effing believable). The Dem progressive caucus is still furious at Obama and threatening no. Right now the votes are not there. http://www.huffingtonpost.com/2010/1..._n_793540.html It could go that nothing happens, all the tax cuts, unemployment, etc. just expire. 218 is the magic number. |
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Your "twist" on the news is always interesting. |
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Next time
Riot acts like "every economist" agrees with her version of the world, remember this article
http://online.wsj.com/article/SB1000...MoreIn_Opinion |
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Surely Riot will find fault with this
http://online.wsj.com/article/SB1000...n_AboveLEFTTop An opinion piece that doesnt "favor" Wall Street in the WSJ She will still disagree i'm sure |
http://online.wsj.com/article/SB1000...wsreel_opinion
Another WSJ piece that finds fault with a republican! Too bad you dont find such even handed, fair analysis in Riot's typically leftist links |
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BTW, the Dems of the past 60 years are not the party of spending. You might do a reality check on some of your assumptions. |
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list of waivers.....many of Zero's buddies on here.....gravy train! |
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Actually what the economists say is that giving tax cuts to the very wealthy creates on average about 0.30 of economic stimulus per dollar invested. Giving unemployment benefits produces about 1.61 (average) of economic stimulus. I know where I prefer our government to spend the money. http://online.wsj.com/article/SB1000...MoreIn_Opinion[/quote] Good for you! This whole thread I've been asking you to find one economist that says trickle-down, as disastrous as it was during Reagan and since, is still some kind of a valid economic model, and you finally come up with two. Dated today. But at least there is one counter-view to the majority. |
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Let's talk about this: what do you think about this deal that Obama and the GOP cut? What do you like about it, what do you dislike about it? Do you think it has any chance of passing intact? |
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The Democrats of the last 2 years have spent at a record smashing pace. What happened 60 years ago is hardly relevant |
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Congress does the spending, not the Prez. For the last 2 years it has gotten completely out of control. The Dem led Congress has spent like drunken shopaholics with a stolen credit card on Black Friday.
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Reagan created a deficit. Bush I created a deficit. Bush II put us in the poorhouse. My eyes have been opened regarding the GOP and their false "economic responsibility" rep. That was before the additional spending of the two unfunded wars, before the largest Medicare entitlement. Yeah, the Republicans are spendy buggars, and the worse thing is they used the credit card and ran it up to limit. You are the one getting specific and detailed about semantics, so let's be specific. Quote:
Yes, it matters, when people such as yourself continue to misstate the factual truth about who is the party of spending. And then worry about semantics. Yes, the end of the Bush presidency and the beginning of Obamas was a huge spend - kind of necessary due to this little looming depression, don't you think? I wouldn't blame Obama for continuing what Bush initiated regarding stimulus spending. Most of what has been "spent" by the "Democrats" (in reality both Bush and Obama) is being repaid, and a great majority of the stimulus funds remain unspent. The true cost is only about 1/3 of budgeted initially, with most of the loans to business anticipated to be repaid with interest to 85 or 90% I realize that you boil everything down to "Democrats Suck, It's Always Their Fault" but that gets really tiresome when it's not remotely reality-based. |
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I don't know that we know what the deal actually is. I know what has been given but there may be a sacrificial lamb or two in there. For certain I believe the continuation of the tax cuts are a positive step. The payroll tax holiday was something I was asking for 2 years ago, glad that made it. The estate tax compromise was ok I guess but the reality is it is grossly unfair to tax someone for dying. The expensing provision was good too but extending it further would have help as it appears like most of the deal to be Obama trying to stimulate the economy on the way to reelection. Extending the unemployment benefits 13 months is fine with me. The other mostly symbolic things are immaterial to me. I dont know if it will pass intact but I would think that the democrats wont risk messing with it too much. Regardless of how much you or they hate it, a deal has been made that directly benefits most Americans (except those whose u/e benefits ran out). The head democrat has signed on. If they block or signifigantly mess with it, the blame will squarely fall on them. |
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However - that none of it is funded is outrageous to me, and I do have a big problem with that, especially for the tax cuts for the wealthy. We could cut the cost of this thing by half by eliminating that one thing, that is supported by the public. Or even just eliminate tax cuts for dollars over 2 million - that would still pay for nearly half this. I think that would pass the House, and I think it would pass the Senate, too. But to hold the whole thing up with no votes, and wait for the next Congress, is absurd, because of the real unemployed that will suffer. |
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Yes, acting like 3-year-olds in serious need of Supernanny and a time-out for their temper tantrums has worked very successfully for them. With the last two House votes, the GOP clearly declared that the hill they die on are the financial interests of those making over 1 million dollars a year. Duly noted. |
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She's feeling guilty for being a dedicated HuffPo participant.
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Beck is very smart and entertaining.
though i think even the far right takes what he says with a grain of salt. its pure entertainment. the only one worth actually listening to and taking information from, IMO, is BO (Bill O'Reilly, not B Obama) |
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Social Security is completely fine, as it is, for everyone up to 40 years from now. It's had tweeks in the past, it needs another one or two for that time. Like Keith Richards during the late 70's, the predictions of it's impending doom are usually greatly exaggerated. ![]() |
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