Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: CHART: How The Clinton Surplus Turned Into A $6 Trillion Deficit [View all]dkf
(37,305 posts)15. But it's the Democrats who are now against raising taxes on anyone who isn't mega wealthy.
That won't work to pay for expenses.
I honestly have no idea what Obama believes in regard to taxation vs spending. What is his optimum? Lower taxes and lower spending? Lower taxes, higher spending funded by a debt powered by MMT economics in perpetuity?
You can't get to higher taxes that equal our level of spending by taxing only the mega wealthy.
I don't get it.
Edit history
Please sign in to view edit histories.
74 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
I hate to see what that chart looks like 5 years from now based on the 2009 policies on.
dkf
Jan 2013
#1
Really? When did GOP congress allow Bush's tax and economic policies to be replaced by Obama's?
blm
Jan 2013
#2
You must have missed the FACT that GOP was protecting ALL the Bush tax cuts since 2009.
blm
Jan 2013
#39
So you'll backtrack your claim? For the economy to BE Obama's it would have had to pass at least
blm
Jan 2013
#57
I do not consider the extension of the Bush tax cuts or the continuation of the war or
JDPriestly
Jan 2013
#73
If it was a double dip recession with a positive future vs extending all the bush cuts then yes.
dkf
Jan 2013
#54
I asked a question in another thread about congressional make-up vis-a-vis deficits
OnlinePoker
Jan 2013
#50
But it's the Democrats who are now against raising taxes on anyone who isn't mega wealthy.
dkf
Jan 2013
#15
Which is why he should have let the Bush tax cuts expire and sequestration take hold
FarCenter
Jan 2013
#17
Oh I'm not talking about the Clinton rates, I'm thinking more Reagan rates, 50%.
JaneyVee
Jan 2013
#27
The problem with "stimulus" is that most does nothing for long-term economic health
FarCenter
Jan 2013
#16
Nice graph - it shows that making the Bush tax cuts permanent was the fourth worst policy
FarCenter
Jan 2013
#40
I'm confused, where does the graph show the positive stimulus of the Bush tax cuts.
Ganja Ninja
Jan 2013
#64
So, you would have rather Obama came into office and just cut, cut, cut?
Drunken Irishman
Jan 2013
#13
And had Obama let the tax cuts all expire in 2010, today's deficit still would be massive.
Drunken Irishman
Jan 2013
#33
It would be less massive than it is; We're spending $350 billion / year in interest on the debt
FarCenter
Jan 2013
#44
Just curious, I see 1.4 Trillion for operations in Iraq and Afghanistan during the * years.
hughee99
Jan 2013
#46
How GEORGE BUSH Turned The Clinton Surplus Into A $6 Trillion Deficit
ProfessionalLeftist
Jan 2013
#59