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Diamondawg 
Mississippi St. Fan
Mississippi
Member since Oct 2006
8369 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:48 pm to DallasTiger11)
quote:
The White House Proposal: Increase spending, not cut it.
Hit the cliff. I am prepared. My kids might have to move home but let's get this over with.
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Poodlebrain 
LSU Fan
Way Right of Rex
Member since Jan 2004
12911 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:50 pm to DeltaDoc)
quote:
Unless the $1.6 is earmarked for debt reduction only, i.e., to apply directly to existing debt, the tax revenue literally has no positive effect for the country. One can assume they will spend it too on shite.
I hate to break the news to you, but the $1.6 trillion has already been spent. We're trying to figure out how to repay what we borrowed.
It doesn't do much good to devote more money to repaying what was borrowed if we are going to turn around and icrease our current borrowing.
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DeltaDoc
LSU Fan
The Delta
Member since Jan 2008
6347 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:53 pm to Poodlebrain)
quote:
It doesn't do much good to devote more money to repaying what was borrowed if we are going to turn around and icrease our current borrowing.
I concur...that is my point. Moreover, the revenue generated will be actually money, not the ficticious kind our treasury pisses out. It will be hard earned money. This will evaporate into thin air.
This is nothing more than a redistribution scheme, pure and simple.
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wickowick
LSU Fan
Head of Island
Member since Dec 2006
13455 posts
 Online
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:57 pm to Diamondawg)
quote:
Hit the cliff. I am prepared.
In for a penny, in for a pound...
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DEANintheYAY
LSU Fan
LEFT COAST
Member since Jan 2008
28106 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 4:58 pm to DallasTiger11)
quote:
as part of any "Fiscal Cliff" deal
The article doesn't mention this, but...
quote:
The proposal, offered by Treasury Secretary Timothy Geithner as he made a round of meetings with congressional leaders in the Capitol Thursday, calls for increasing tax rates on incomes over $250,000, a one-year postponement of looming spending cuts in defense and domestic programs, and some $400 billion in savings over 10 years from Medicare and other entitlement programs.
So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.
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KeyserSoze999
LSU Fan
Member since Dec 2009
2027 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:01 pm to DEANintheYAY)
quote:
When negotiating you don't offer up the minimum you are willing to accept
because its his money, not the peoples
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TROLA
LSU Fan
BATON ROUGE
Member since Apr 2004
5276 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:05 pm to DEANintheYAY)
quote:
$400 billion in savings over 10 years from Medicare and other entitlement programs.
Isn't that already in place with the ACA? Are they trying to double dip again?
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DallasTiger11 
Pittsburgh Fan
Dallas
Member since Mar 2004
1264 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:06 pm to DEANintheYAY)
quote:
a one-year postponement of looming spending cuts in defense and domestic programs
Heard this before.
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moneyg
LSU Fan
Member since Jun 2006
15173 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:08 pm to DEANintheYAY)
quote:
So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.
Some people will defend anything. There you have it.
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DEANintheYAY
LSU Fan
LEFT COAST
Member since Jan 2008
28106 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:10 pm to moneyg)
quote:
Some people will defend anything. There you have it.
Should he just offer up a final take it or leave it offer?
What should he do?
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KeyserSoze999
LSU Fan
Member since Dec 2009
2027 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:12 pm to DEANintheYAY)
perhaps act on behalf of America? I know, I know, pretty fricking novel
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DallasTiger11
Pittsburgh Fan
Dallas
Member since Mar 2004
1264 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:13 pm to DEANintheYAY)
quote:
This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.
The problem I have with this statement, and this goes for both sides, is this isn't a car sales negotiation or a salary negotiation. This is the health of our country and the livelihood of millions of people. Quit using scare tactics and running mouths and actually go into a room, Constitution negotiating style, and don't leave until you work things out. If people brawl, yell, fight, spit so be it. At least they are being men about it, the media isn't involved, and something might actually happen for once.
I promise if they quit this media pissing match they are in and meet face to face for an extended period of time things will change. It is human nature.
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buddhavista
Member since Jul 2012
3543 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:13 pm to DEANintheYAY)
quote:
So he is offering up cuts. This is part of negotiating. Of course he will be on high on the $ amount for revenue and low on savings. When negotiating you don't offer up the minimum you are willing to accept.
I would like to see a table format for this, this text shite is easy to manipulate.
But I did read that 400B in spending cuts, but that is 40b a year. A fricking pittance. It needs to be like 500b a year!!!!!
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wickowick
LSU Fan
Head of Island
Member since Dec 2006
13455 posts
Online
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:13 pm to DEANintheYAY)
quote:
Should he just offer up a final take it or leave it offer?
So he is shooting for no cuts but might be willing to settle for a little cut. Sounds like a leader with a firm grasp on the countries monetary problems...
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91TIGER
LSU Fan
Lafayette
Member since Aug 2006
5494 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:14 pm to DEANintheYAY)
What will it take you to admit this guy is a fraud and is intent on wrecking this place ? The jokes on us doofus, WAKE UP ! The Repukes need to vote present and let this thing crash.
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DEANintheYAY
LSU Fan
LEFT COAST
Member since Jan 2008
28106 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:16 pm to wickowick)
NO. As I said he likely went HIGH on new revenue and LOW on spending cuts.
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taylormade 
Alabama Fan
Tumbleton
Member since Jan 2011
6516 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:17 pm to DallasTiger11)
Barrack gotta eat...
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moneyg
LSU Fan
Member since Jun 2006
15173 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:18 pm to DEANintheYAY)
quote:
Should he just offer up a final take it or leave it offer?
What should he do?
Don't be stupid. There are no cuts in this offer. And, the tax increase is twice as much as Obama campaign on.
What is the ratio of cuts to revenue Dean? frick, the argument was 3:1 vs 4:1 previously. What is the ratio in this offer?
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Jbird 
Iowa Fan
Odramaville with EthanL
Member since Oct 2012
5538 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:20 pm to DEANintheYAY)
Perhaps negotiate in good faith, maybe fricking act like a leader, drag both Ds and Rs into the White House and hammer out some basic guidelines for the fututre. No what we get is a lead from behind dip shite hauling arse to Hawaii and saying frick off bitched I won. 
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DEANintheYAY
LSU Fan
LEFT COAST
Member since Jan 2008
28106 posts
| re: The White House Proposal: Increase spending, not cut it. (Posted on 11/29/12 at 5:20 pm to moneyg)
He is negotiating, no?
There are 2 main players here, Obama and Boehner. They will get this deal done. I feel pretty confident in that.
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