About Us
Mission Statement
Rules of Conduct
 
Name:
Pswd:
Remember Me
Register
 

Say What? The GOP's against Tax breaks?
Author: Raine    Date: 09/08/2010 12:46:24

Back to life, back to reality. Really? This is reality? A reality where TAX BREAKS are met with skepticism by the GOP?
Obama's plans for billions of dollars in tax breaks for businesses are policies Republicans typically embrace, but the party has little motivation to give the Democratic White House a win with polls giving them strong hope of gaining seats in Congress -- possibly winning both houses.

Obama will announce his plans to stimulate the sagging U.S. economy in a speech on Wednesday in Cleveland.

Senate Republican leader Mitch McConnell said on Tuesday there was little appetite for new economic proposals from Obama, arguing that the $814 billion stimulus the president already pushed through Congress in early 2009 has not had the desired effect.

"After the administration pledged that a trillion dollars in borrowed stimulus money would create 4 million jobs and keep the unemployment rate under 8 percent, their latest plan for another stimulus should be met with justifiable skepticism," he said.
Let's put aside that the good senator lied about the stimulus claiming it was a trillion dollars (it wasn't.), shall we? Oh hell, let's put aside that Reuters got the amount wrong as well. It wasn't 814 billion dollars, it was $787 billion. This is a BIG difference from a trillion dollars. Perhaps Mr. McConnell hasn't read the report from the Council of Economic Advisors released in July.
In our report, we estimate the impact of the Recovery Act on job creation in two ways. Our model-based approach uses multiplier estimates similar to those used by the Congressional Budget Office to estimate how the Recovery Act tax cuts and outlays to date likely translate into employment effects. This approach indicates that the Recovery Act has raised employment relative to what it otherwise would have been by 2.5 million jobs as of the second quarter of 2010. The projection approach uses statistical procedures to project the likely path of employment based on the information available through the end of the first quarter of 2009. This yields a substantially larger number: it suggests that employment as of the second quarter is 3.6 million higher than it otherwise would have been. By this estimate, the Recovery Act has met the President’s goal of saving or creating 3.5 million jobs -- two quarters earlier than anticipated.
The caveat is that this is an estimate, but it's an estimate that has not been proven wrong as we enter September. There is a recovery still ongoing, even if it is slow. Without the stimulus, 2.5 million MORE people would be out of work.The GOP wants to stop the recovery because it isn't happening fast enough.

Now the Party of No is wary of tax breaks for small businesses, claiming -- get this -- it will add to the deficit. From the Hill:
“Offering $200 billion in narrowly targeted business tax cuts and new deficit spending while yoking taxpayers with a $3.8 trillion January tax hike is like a carjacker offering taxi fare before he rides off in your car,” Carter said in a statement Tuesday.

Minority Leader John Boehner (R-Ohio) also weighed in: “The White House is missing the big picture. None of its plans address the two big problems that are hurting our economy: excessive government spending, and the uncertainty that their policies — especially the massive tax hike they have planned for Jan. 1 — is creating for small businesses.”
I have a few simple questions for the GOP and for everyone who opposes letting the Bush Tax cuts sunset -- Where are all the Jobs that were supposed to be created when the Bush Tax cuts went in effect? Why didn't the wealthy (who benefitted the MOST from the Bush Tax cuts) create the jobs then? When in recent history has any Republican Majority balanced a budget much less decreased a deficit? Where did the money come from for the two occupations in the Middle east?

Let me tell you something, even Clifton Yin of the FrumForum (yes, THAT Frum, the republican Strategist) is trying to figure out what the hell the GOP is doing. Who can blame him when they see things like this? From Meet the Press in July:
MR. GREGORY: But, Congressman, that’s a, that’s a pretty gauzy agenda so far. I mean, what specific–what painful choices are Republicans prepared to make? Are they going to campaign on repealing health care, for instance, repealing financial regulation? Would you like to see those two things done?

REP. SESSIONS: Well, first of all, let’s go right to it. We’re going to balance the budget. We should live within our own means, and we should read the bills and work with the American people.

MR. GREGORY: How do you do it? Tell me how you do it. Name a painful choice that Republicans are prepared to say we ought to make.

REP. SESSIONS: Well, first of all, we need to make sure that as we look at all that we are spending in Washington, D.C., with, not only the, the entitlement spending but also the bigger government, we cannot afford anymore. We have to empower the free enterprise system. See, this is where…

MR. GREGORY: Congressman, these are not specifics.

–---------------------
MR. GREGORY: Senator, I’m sorry, I’m not hearing an answer here on specific–what painful choices to really deal with the deficit. Is Social Security on the table? What will Republicans do that, that, that would give them–like ‘94, there was a Contract With America. What are voters going to say, “Hey, this is what Republicans will say yes to”?

SEN. CORNYN: Well, the president has a debt commission that reports December the 1st, and I think we’d all like to see what they come back with. We’ve got three of our most outstanding members on that commission–Mike Crapo, Tom Coburn and Judd Gregg–and I–my hope is they’ll come back with a bipartisan solution to the debt and particularly entitlement reform, as you, as you mentioned. But I…

MR. GREGORY: But wait a minute, conservatives need a, a Democratic president’s debt commission to figure out what it is they want to cut?
As Lizz Winstead so aptly put it: Why isn't the conversation, "Hey rich people, why didn't you created more jobs when given all those taxbreaks so you could create jobs? She's right. Why isn't this the message that people are hearing? This is not reality, it's mass disinformation from the GOP. They don't seem to have any ideas except to muddy the waters and blame other people.

and
Raine

 

18 comments (Latest Comment: 09/08/2010 22:37:59 by Will in Chicago)
   Perma Link

Share This!

Furl it!
Spurl
NewsVine
Reddit
Technorati

Add a Comment

Please login to add a comment...


Comments:

Order comments Newest to Oldest  Refresh Comments

Comment by Raine on 09/08/2010 13:33:43
Hello??? Tap tap tap???

Comment by BobR on 09/08/2010 13:37:44
Morning...

Comment by wickedpam on 09/08/2010 13:52:30
Morning



Been having this very conversation with a RW "friend" on FB for the last 24 hours. I actually had one of his "friends" say that the Hilton's deserve a tax break cause they employ people - um no - they've franchised their name and the people who hold the franchises have employed people

Comment by Raine on 09/08/2010 13:53:18
If we were still down there, I suspect we would be making a drive to Gainsville and have the unfortunate incident of dropping a bible in that Koran fire. ( <---- Bobber suggested that, I fully agree)





Comment by Raine on 09/08/2010 13:55:21
Quote by wickedpam:

Morning



Been having this very conversation with a RW "friend" on FB for the last 24 hours. I actually had one of his "friends" say that the Hilton's deserve a tax break cause they employ people - um no - they've franchised their name and the people who hold the franchises have employed people




Wow. You have stamina, Mala!

Comment by TriSec on 09/08/2010 13:57:00
Morning, comrades!



I'm a little unclear on this Koran-burning thing. How is that a message of peace?



I keep hanging on one little thing Jesus said..."Love one another as I have loved you." My copy of the Bible doesn't seem to have any qualifiers, I guess it must be outdated.



(and seriously, doesn't that "preacher" look like Wally Walrus?)



Comment by trojanrabbit on 09/08/2010 13:58:30
Morning



Just a quickie while working.



BobR & Raine, yeah if you want some pointers on the radio, just pick away.



First thing, if the radio is from the 50's or earlier, definitely resist the urge to plug 'er in.



When I do an older piece of equipment, I use a variable transformer to bring the power up slowly and watch for signs of bad things happening. I've taken an afternoon to do it that way, but there's little risk of damaging anything if something goes wrong. Then I know what I'm up against.



Dunno what type of radio it is (simple 5 tube AM, table model or console) or whether it was working or not last time it was turned on but at the very least a radio that age should be "recapped" (all capacitors replaced) if you intend to use it at all. There's likely to be other bad parts as well.

Comment by Raine on 09/08/2010 14:07:25
Quote by TriSec:

Morning, comrades!



I'm a little unclear on this Koran-burning thing. How is that a message of peace?



I keep hanging on one little thing Jesus said..."Love one another as I have loved you." My copy of the Bible doesn't seem to have any qualifiers, I guess it must be outdated.



(and seriously, doesn't that "preacher" look like Wally Walrus?)

It's prolly Josh Bolton's long lost half brother.



Comment by TriSec on 09/08/2010 14:11:08
Say, did this make the national news?



I know Bob used to drive pizzas. I don't normally support the death penalty, but this would be an exception, IMHO.





Comment by wickedpam on 09/08/2010 14:24:32
Quote by Raine:

Quote by wickedpam:

Morning



Been having this very conversation with a RW "friend" on FB for the last 24 hours. I actually had one of his "friends" say that the Hilton's deserve a tax break cause they employ people - um no - they've franchised their name and the people who hold the franchises have employed people




Wow. You have stamina, Mala!






lol - well I did sleep for a few of those hours

Comment by TriSec on 09/08/2010 15:18:49
Quote by Raine:

If we were still down there, I suspect we would be making a drive to Gainsville and have the unfortunate incident of dropping a bible in that Koran fire. ( <---- Bobber suggested that, I fully agree)









Dear Pastor,



Please burn a copy of the enclosed religious text. I agree that it's a hateful book. Within its pages, you will find tales of men killing their own brothers because God told them to; parents raping their daughters, and cities being destroyed in pillars of fire and rivers of blood.



Entire armies are drowned, slaves are beaten, and countless animals are tortured before being sacrificed to this brutal and vindictive God. I have also found many references in it to depraved sex, raping and murdering of countless women, and an entire village of first-born babies being killed. It's astonishing.



The followers of this book are surely evil, and condemning it to the flames of hell would do wonders for the world.



I'm just sorry it's not the religous text you were expecting.



Sincerely,



Me!



Comment by Raine on 09/08/2010 15:38:25
I guess I am getting to a point where pointing out the hypocrisy is a very good thing, I worry that no one is paying attention.



I think that this Nation is becoming more intolerant.

Comment by trojanrabbit on 09/08/2010 16:08:38
Quote by TriSec:

Quote by Raine:

If we were still down there, I suspect we would be making a drive to Gainsville and have the unfortunate incident of dropping a bible in that Koran fire. ( <---- Bobber suggested that, I fully agree)









Dear Pastor,



Please burn a copy of the enclosed religious text. I agree that it's a hateful book. Within its pages, you will find tales of men killing their own brothers because God told them to; parents raping their daughters, and cities being destroyed in pillars of fire and rivers of blood.



Entire armies are drowned, slaves are beaten, and countless animals are tortured before being sacrificed to this brutal and vindictive God. I have also found many references in it to depraved sex, raping and murdering of countless women, and an entire village of first-born babies being killed. It's astonishing.



The followers of this book are surely evil, and condemning it to the flames of hell would do wonders for the world.



I'm just sorry it's not the religous text you were expecting.



Sincerely,



Me!



And since the "Pastor" is really really praying to this "brutal & vindictive God" for guidance (as heard on Countdown last night), I suppose we can guess that the Koran burning will go on because God says so.



Comment by livingonli on 09/08/2010 16:49:12
Good day everyone.



Roomie didn't put the central air even though it was 80 degrees in the house last night.



Thom Hartmann has just exposed some German reports on Preacher Bonfire and said that he was expelled from the church he previously worked out in Germany because he was embezzling funds and he apparently has a Jim Jones complex. Giving him this much publicity is not good.

Comment by wickedpam on 09/08/2010 17:38:09
Quote by livingonli:

Good day everyone.



Roomie didn't put the central air even though it was 80 degrees in the house last night.



Thom Hartmann has just exposed some German reports on Preacher Bonfire and said that he was expelled from the church he previously worked out in Germany because he was embezzling funds and he apparently has a Jim Jones complex. Giving him this much publicity is not good.






do you have a fan for your room? we're gonna turn off our AC soon too, we get a fab cross breeze

Comment by livingonli on 09/08/2010 18:05:07
Quote by wickedpam:

Quote by livingonli:

Good day everyone.



Roomie didn't put the central air even though it was 80 degrees in the house last night.



Thom Hartmann has just exposed some German reports on Preacher Bonfire and said that he was expelled from the church he previously worked out in Germany because he was embezzling funds and he apparently has a Jim Jones complex. Giving him this much publicity is not good.






do you have a fan for your room? we're gonna turn off our AC soon too, we get a fab cross breeze


There's a ceiling fan in my room and I had a south breeze but it was still hot. It's hot today but it's supposed to cool down tomorrow.

Comment by BobR on 09/08/2010 18:27:39
Quote by livingonli:

Good day everyone.



Roomie didn't put the central air even though it was 80 degrees in the house last night.



Thom Hartmann has just exposed some German reports on Preacher Bonfire and said that he was expelled from the church he previously worked out in Germany because he was embezzling funds and he apparently has a Jim Jones complex. Giving him this much publicity is not good.


How long before we find out about all his followers poisoned, wearing Nike tennis shoes?

Comment by Will in Chicago on 09/08/2010 22:37:59
At sunset tonight, millions of Jews of many different branches of Judaism and the Jewish heritage will mark Rosh Hashanah, the new year 5771. For those who are celebrating the holiday, I wish you l'shanah tovah, a sweet year.



Here is some information on the holiday, courtesy of MyJewishlearning.com:

Rosh Hashanah 101.