Tue Jan 1, 2013, 12:21 PM

dkf (32,584 posts)

So we toss out $600 billion of $4 trillion in Bush tax cuts...

And the formerly hated Bush tax cuts are now the beloved Obama tax cuts?

And at best the $600 billion would have been $900 billion.

Funny how that works.

I still say we need the entire tax structure we had under Bill Clinton and that should be the final goal.

I worry Democrats have lost their way to fiscal responsibility.

83 replies, 2281 views

Reply to this thread

Always highlight: 10 newest replies | Replies posted after I mark a forum

Replies to this discussion thread

83 replies	Author	Time	Post
So we toss out $600 billion of $4 trillion in Bush tax cuts... (Original post)	dkf	Jan 2013	OP
Gee, why am I not surprised by your post? nt.	OldDem2012	Jan 2013	#1
Reality check. People are living in fiscal lala land.	dkf	Jan 2013	#3
All our money is spent on WAR SHIT instead of HELPING AMERICANS SHIT. nt	valerief	Jan 2013	#6
Bingo. nt.	OldDem2012	Jan 2013	#70
Conservative dkf agrees with many of our so-called progressives on this point	alcibiades_mystery	Jan 2013	#2
So how do you propose paying for everything?	Sekhmets Daughter	Jan 2013	#7
We could cut defense 50% easily	Tempest	Jan 2013	#15
Easily? C'mon.	Sekhmets Daughter	Jan 2013	#32
I never said there wouldn't be any pain	Tempest	Jan 2013	#37
You said easily...	Sekhmets Daughter	Jan 2013	#43
The military industrial complex	AgingAmerican	Jan 2013	#72
Sure, go ahead.	Sekhmets Daughter	Jan 2013	#75
The powers that be don't have the balls to do it	AgingAmerican	Jan 2013	#78
Everybody knows what is at the heart of the problem...	Sekhmets Daughter	Jan 2013	#80
I agree money has wrecked our political system	AgingAmerican	Jan 2013	#81
Yep	Sekhmets Daughter	Jan 2013	#83
With that money, create jobs that HELP Americans, not hurt the THE WORLD.	valerief	Jan 2013	#77
Never said it couldn't...	Sekhmets Daughter	Jan 2013	#79
Eh, my life at least was much better during the Clinton administration	Fumesucker	Jan 2013	#8
Not alone by far.	R. Daneel Olivaw	Jan 2013	#13
Well, you were younger after all...	Sekhmets Daughter	Jan 2013	#33
This is the traditional position of Democrats.	dkf	Jan 2013	#9
They are all workiing within the same Beltway Bubble....	JoeBlowToo	Jan 2013	#4
A rare instance in which I agree with you. (For the most part.)	Chan790	Jan 2013	#5
The reason Clinton rates are the optimal is because we saw an economy that worked.	dkf	Jan 2013	#11
It was a different time and a different economy	NoOneMan	Jan 2013	#52
You said it!	Puzzledtraveller	Jan 2013	#82
There much more to a working economy than tax rates	bhikkhu	Jan 2013	#56
Focusing on the tax rate is ignoring the biggest (by far) reason for the expansion in the 90's	rufus dog	Jan 2013	#65
It would have been $800 billion and	ProSense	Jan 2013	#10
Geez I was the one who kept on mentioning Obama already raised taxes on the top and was bashed.	dkf	Jan 2013	#12
You were bashed because it was a Republican talking point that you were parroting. And it was wrong.	stevenleser	Jan 2013	#24
Lol it was just posted by an avid Obama supporter	dkf	Jan 2013	#25
Thats right, a Republican talking point, and a tax that had not yet gone into effect. You were wrong	stevenleser	Jan 2013	#51
The difference is .001% of GDP	Tempest	Jan 2013	#14
I'm beginning to think the best deal is no deal.	dkf	Jan 2013	#16
No deal means another credit downgrade	Tempest	Jan 2013	#17
No it's the opposite. No deal fixes our problems instantly.	dkf	Jan 2013	#19
It didn't "cost us" anything	PSPS	Jan 2013	#20
It didn't cost us anything only to the uninformed	Tempest	Jan 2013	#26
Sorry, but that's a canard.	PSPS	Jan 2013	#54
Insurance costs are a canard?	Tempest	Jan 2013	#58
What did it cost? n/t	Sekhmets Daughter	Jan 2013	#34
See my response above your post. 25 points on the insurance cost. n/t	Tempest	Jan 2013	#40
Thank you....	Sekhmets Daughter	Jan 2013	#44
The issuer of the debt pays the insurance costs	Tempest	Jan 2013	#47
So backwards of other types of insurance....	Sekhmets Daughter	Jan 2013	#53
Not backwards, the same as.	Tempest	Jan 2013	#60
When you buy a house with a mortgage	Sekhmets Daughter	Jan 2013	#63
Tossing out all the tax cuts would have put the economy back into recession	muriel_volestrangler	Jan 2013	#18
CBO estimated it would last 6 months.	dkf	Jan 2013	#21
You see 'insolvency' as the result of this decision	muriel_volestrangler	Jan 2013	#30
Oh we are going to lose that title sooner or later.	dkf	Jan 2013	#31
But you're claiming this specific decision will end in the US government being insolvent	muriel_volestrangler	Jan 2013	#38
It won't be the reserve currency for much longer.	Sekhmets Daughter	Jan 2013	#35
It will always be used as the reserve currency.	Tempest	Jan 2013	#41
I don't think you can really say that with such certainty.... n/t	Sekhmets Daughter	Jan 2013	#46
Actually, I can.	Tempest	Jan 2013	#48
Yep, several....	Sekhmets Daughter	Jan 2013	#55
Not even close to a comparison	Tempest	Jan 2013	#59
Yes, but China may overtake us as early as 2020...	Sekhmets Daughter	Jan 2013	#62
you really believe that?	bowens43	Jan 2013	#22
Decrease most people's spending ability by 2%? Yes, that could cause a recession	muriel_volestrangler	Jan 2013	#29
Thats 20$ out of every thousand $	AgingAmerican	Jan 2013	#74
Your touching concern for adherence to Democratic values wasn't there for Medicare, or SS or...	stevenleser	Jan 2013	#23
You're right, it's a terrible deal	Chathamization	Jan 2013	#27
There is no such thing as a permanent tax...	Sekhmets Daughter	Jan 2013	#36
Congress can	Chathamization	Jan 2013	#50
Perhaps...	Sekhmets Daughter	Jan 2013	#61
I don't disagree	Chathamization	Jan 2013	#67
We are on the same page, you and I.	Sekhmets Daughter	Jan 2013	#68
Thanks, you too! n/t	Chathamization	Jan 2013	#69
Not yet on the entire Clinton tax levels.	Democrats_win	Jan 2013	#28
The tax structure under Carter should be the final goal, not Clinton.	Motown_Johnny	Jan 2013	#39
Under the current economy, you are correct	Tempest	Jan 2013	#42
dkf worries Dems have lost their way to fiscal responsibility?	Cali_Democrat	Jan 2013	#45
Sure ya do.	Rex	Jan 2013	#49
You may get your wish if the House GOP rejects the Senate plan	subterranean	Jan 2013	#57
kick	grahamhgreen	Jan 2013	#64
You must have missed Obama saying he wanted to extend the tax cuts	mzmolly	Jan 2013	#66
The Bush tax cuts were a tragic mistake	AgingAmerican	Jan 2013	#71
Obama has been saying for years he supported tax cuts for those in	mzmolly	Jan 2013	#76
Inflation	gto	Jan 2013	#73

Response to dkf (Original post)

Tue Jan 1, 2013, 12:23 PM

OldDem2012 (3,526 posts)

So we toss out $600 billion of $4 trillion in Bush tax cuts...

1. Gee, why am I not surprised by your post? nt.

3. Reality check. People are living in fiscal lala land.

6. All our money is spent on WAR SHIT instead of HELPING AMERICANS SHIT. nt

70. Bingo. nt.

2. Conservative dkf agrees with many of our so-called progressives on this point

7. So how do you propose paying for everything?

15. We could cut defense 50% easily

32. Easily? C'mon.

37. I never said there wouldn't be any pain

43. You said easily...

72. The military industrial complex

75. Sure, go ahead.

78. The powers that be don't have the balls to do it

80. Everybody knows what is at the heart of the problem...

81. I agree money has wrecked our political system

83. Yep

77. With that money, create jobs that HELP Americans, not hurt the THE WORLD.

79. Never said it couldn't...

8. Eh, my life at least was much better during the Clinton administration

13. Not alone by far.

33. Well, you were younger after all...

9. This is the traditional position of Democrats.

4. They are all workiing within the same Beltway Bubble....

5. A rare instance in which I agree with you. (For the most part.)

11. The reason Clinton rates are the optimal is because we saw an economy that worked.

52. It was a different time and a different economy

82. You said it!

56. There much more to a working economy than tax rates

65. Focusing on the tax rate is ignoring the biggest (by far) reason for the expansion in the 90's

10. It would have been $800 billion and

12. Geez I was the one who kept on mentioning Obama already raised taxes on the top and was bashed.

24. You were bashed because it was a Republican talking point that you were parroting. And it was wrong.

25. Lol it was just posted by an avid Obama supporter

51. Thats right, a Republican talking point, and a tax that had not yet gone into effect. You were wrong

14. The difference is .001% of GDP

16. I'm beginning to think the best deal is no deal.

17. No deal means another credit downgrade

19. No it's the opposite. No deal fixes our problems instantly.

20. It didn't "cost us" anything

26. It didn't cost us anything only to the uninformed

54. Sorry, but that's a canard.

58. Insurance costs are a canard?

34. What did it cost? n/t

40. See my response above your post. 25 points on the insurance cost. n/t

44. Thank you....

47. The issuer of the debt pays the insurance costs

53. So backwards of other types of insurance....

60. Not backwards, the same as.

63. When you buy a house with a mortgage

18. Tossing out all the tax cuts would have put the economy back into recession

21. CBO estimated it would last 6 months.

30. You see 'insolvency' as the result of this decision

31. Oh we are going to lose that title sooner or later.

38. But you're claiming this specific decision will end in the US government being insolvent

35. It won't be the reserve currency for much longer.

41. It will always be used as the reserve currency.

46. I don't think you can really say that with such certainty.... n/t

48. Actually, I can.

55. Yep, several....

59. Not even close to a comparison

62. Yes, but China may overtake us as early as 2020...

22. you really believe that?

29. Decrease most people's spending ability by 2%? Yes, that could cause a recession

74. Thats 20$ out of every thousand $

23. Your touching concern for adherence to Democratic values wasn't there for Medicare, or SS or...

27. You're right, it's a terrible deal

36. There is no such thing as a permanent tax...

50. Congress can

61. Perhaps...

67. I don't disagree

68. We are on the same page, you and I.

69. Thanks, you too! n/t

28. Not yet on the entire Clinton tax levels.

39. The tax structure under Carter should be the final goal, not Clinton.

42. Under the current economy, you are correct

45. dkf worries Dems have lost their way to fiscal responsibility?

49. Sure ya do.

57. You may get your wish if the House GOP rejects the Senate plan

64. kick