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In the discussion thread: Why Libertarianism Doesn't Work [View all]

Response to ProSense (Reply #38)

Sun Jan 1, 2012, 09:42 PM

39. But you didn't address my main point.

Its the CNN article:
http://money.cnn.com/2011/02/02/news/economy/interest_national_debt/index.htm

NEW YORK (CNNMoney) -- Interest payments on the national debt could total $5.5 trillion over the next decade, or about 79% of the new debt estimated to accrue between 2012 and 2021.

So Obama's got a 4 trillion dollar plan, great. But if I am not mistaken, that means basically breaking even, paying down the interest on the existing debt without actually making it go away. Am I wrong? Explain.

Well, if you know who a "job creator," you might want to inform the GOP.

When I was researching, I came upon a conservative article that endeavored to explain why its a bad idea to tax the rich. It said liberals believe that the rich have big money bins like Scrooge McDuck, when in reality that wealth is tied up in factories employing people (In America no less! Chuckle) And paying taxes means liquifying parts of this working capital, the factory, and thus losing more jobs. This is their main talking point. So that's why I think I Scrooge McDuck tax would be a political winner: Basically you give deductions to people employing workers in America and that sort of thing, paid for by those making money who aren't. If conservatives are right, it will make them money. If their wrong it will cost them money.


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ProSense Dec 2011 OP
TheWraith Dec 2011 #1
Poll_Blind Dec 2011 #25
Sarah Ibarruri Dec 2011 #2
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abelenkpe Dec 2011 #4
ProSense Dec 2011 #14
deacon Jan 2012 #36
onehandle Dec 2011 #5
PowerToThePeople Dec 2011 #6
quaker bill Dec 2011 #13
ProSense Dec 2011 #15
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ProSense Jan 2012 #28
napoleon_in_rags Jan 2012 #34
ProSense Jan 2012 #38
LineLineLineLineLineLineLineLineLineLineReply But you didn't address my main point.
napoleon_in_rags Jan 2012 #39
ProSense Jan 2012 #40
napoleon_in_rags Jan 2012 #41
ProSense Jan 2012 #42
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ProSense Jan 2012 #48
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