Obama isn't serious about the deficit. He just wants to punish the wealthy. | TigerDroppings.com

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PrimeTime Money
USA Fan
Houston, Texas, USA
Member since Nov 2012
9258 posts

Obama isn't serious about the deficit. He just wants to punish the wealthy.



Obama wants to raise taxes on the top 2% because he says they need to pay more because the government isn't getting enough revenue.

But then, he doesn't want to cut spending, and also wants to add billions in stimulus.

It is contradictory. Why raise taxes on only the top 2%, which doesn't generate a lot of revenue, and not cut spending?

If Obama was serious about the deficit, he would be doing everything he can to reduce it... Including cutting spending.

So this leads me to believe he is using this situation just to punish the rich... because he clearly isn't doing it in the name of fiscal responsibility.

This class warfare is sickening.







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thetempleowl
Temple Fan
dallas, tx
Member since Jul 2008
10658 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


Yes. I can see why people who are morons think this.

Perhaps he is saying this because it will help dems get elected and is a popular opinion.

Everyone wants taxes to raised on other people and not on themselves. The top 2% are attractive targets for politicians, and we always end up getting screwed. It is because we don't make enough to make large donations to politicians and we don't make up enough of the population to anger. Just enough to make the super wealthy happy and the vast majority of middle and lower class voters.

Are people here dumb enough to think obama is the first politician to say we need to tax the rich more? Really?






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Lsupimp
LSU Fan
Member since Nov 2003
31387 posts
 Online 

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

This class warfare is sickening.


Where were you when The Business Class stole TRILLIONS of The People's Money ?
We are asking now.
If you make us come for it later, we won't be asking.
Forward !






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Rocket
Northwestern Fan
Member since Mar 2004
60983 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

This class warfare is sickening


So is the war on the poor the GOP has been waging too






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DapperDan
LSU Fan
Member since Jul 2012
1226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

So is the war on the poor the GOP has been waging too






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blueboy
LSU Fan
between here and there
Member since Apr 2006
17565 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

So is the war on the poor the GOP has been waging too

Please explain how the GOP is waging "war on the poor."






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Rocket
Northwestern Fan
Member since Mar 2004
60983 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

Please explain how the GOP is waging "war on the poor."


I don't have to. Hell, the contract on America was essentially a war on the poor.






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Zach
LSU Fan
Member since May 2005
65226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


You have it partially wrong. He doesn't just want to raise taxes on the wealthy. He wants to raise taxes on EVERYONE. The only way to do that is to go over the cliff.





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DapperDan
LSU Fan
Member since Jul 2012
1226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

Hell, the contract on America was essentially a war on the poor


I think you are probably referring to the contract with America. Which specific provision do you think was a war on the poor? Be specific. TIA






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Rocket
Northwestern Fan
Member since Mar 2004
60983 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

think you are probably referring to the contract with America. Which specific provision do you think was a war on the poor? Be specific. TIA


If you want me to respond to you, you will ask me kindly and respectfully.






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DapperDan
LSU Fan
Member since Jul 2012
1226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

If you want me to respond to you, you will ask me kindly and respectfully.


That is what i figured. Just a troll. Well done.






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Rocket
Northwestern Fan
Member since Mar 2004
60983 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


The entire GOP revolution was a war on the poor.

Republicans don't take up for the poor. They take up for the wealthy.

And because of years of being asshats, you may never win another national election again.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16972 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


Speaking of asshats





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Zach
LSU Fan
Member since May 2005
65226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

So is the war on the poor the GOP has been waging too

There are no poor people in America. It's an artificial construct.






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DapperDan
LSU Fan
Member since Jul 2012
1226 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

Rocket


You stated the contract with america was a war on the poor. Which specific provisions are you referring to?






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SundayFunday
LSU Fan
Member since Sep 2011
5051 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


We could always sell weapons to a bunch of those rebels over there in the Holy Land. Im sure they need some. There is no way that could come to bite us in the arse down the road...





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blueboy
LSU Fan
between here and there
Member since Apr 2006
17565 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

I don't have to.
Of course you don't have to. I would like for you to, though.
quote:

contract on America

Where's Kafka when you need him?
quote:

the contract on America was essentially a war on the poor.
If not wanting to descend into an idiocracy of dependents through massive taxation and wasteful entitlement spending is a "war on the poor," then yes, you're right. We want less people to be poor. Viva la revolucion!






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NC_Tigah
LSU Fan
Member since Sep 2003
53631 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

Are people here dumb enough to think obama is the first politician to say we need to tax the rich more? Really?
You're missing 3/4ths of the point.

(1) Velocity of money (Vt) and tax revenue are directly proportional variables.
(2) Velocity of money is at all time modern era lows.
(3) A group possessive of disposable income maintains disproportionate influence on Vt variability
(4) The "rich" have disproportionate disposable income
(5) Threats of soaking the rich result in deescalation of spending and diminished Vt.
(6) Diminished Vt results in diminished tax revenue.

The point being, raising taxes on the rich comes commensurate with higher economic risk. If the revenue raised is insubstantial as with current proposals, tax policy is ill conceived at best, duplicitously motivated at worst.






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Rocket
Northwestern Fan
Member since Mar 2004
60983 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


quote:

I would like for you to, though


I don't care

quote:

not wanting to descend into an idiocracy of dependents through massive taxation and wasteful entitlement spending is a "war on the poor," then yes, you're right. We want less people to be poor. Viva la revolucion!


No, what you want is to cut people off from social programs because you're resentful of the civil rights movement.



quote:

Listen to the late Lee Atwater in a 1981 interview explaining the evolution of the G.O.P.'s Southern strategy:

''You start out in 1954 by saying, '****, ****, ****.' By 1968 you can't say '****' -- that hurts you. Backfires. So you say stuff like forced busing, states' rights and all that stuff. You're getting so abstract now [that] you're talking about cutting taxes, and all these things you're talking about are totally economic things and a byproduct of them is [that] blacks get hurt worse than whites.

''And subconsciously maybe that is part of it. I'm not saying that. But I'm saying that if it is getting that abstract, and that coded, that we are doing away with the racial problem one way or the other. You follow me -- because obviously sitting around saying, 'We want to cut this,' is much more abstract than even the busing thing, and a hell of a lot more abstract than '****, ****.'''


LINK






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credible
Member since Nov 2012
9 posts

re: Obama isn't serious about the deficit. He just wants to punish the wealthy.


Obama is probably just having fun as president.





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