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

hfojvt

(37,573 posts)
33. I would have jumped on the revenue problem
Thu Jan 31, 2013, 01:39 PM
Jan 2013

we had ten years of the Bush tax cuts, before that we had the Reagan and Clinton tax cuts. Then we extended the Bush tax cuts for two more years and threw in two years of payroll tax cuts. Now we just extended 85% of the Bush tax cuts forever - costing $3.7 trillion over the next decade. With 65% of that money going to the richest 20%. Between 1986 and 2006 the tax cuts for just the richest 1% were $2 trillion. Not to mention the rest of the top 5% or the top 20%.

And for spending? How much did we spend to invade Iraq?

We have both a spending problem and a revenue problem MannyGoldstein Jan 2013 #1
Thanks Manny, I definitely wanted to mention Krugman after seeing who was on before me. stevenleser Jan 2013 #5
I noticed you rhymed Krug with rug hfojvt Jan 2013 #35
I would have jumped on the revenue problem hfojvt Jan 2013 #33
Many Democrats are sensitive to admitting that we have an enormous revenue problem MannyGoldstein Jan 2013 #34
possible that the host would jump at the chance to say hfojvt Jan 2013 #36
it would be nice to see the spending broken down hfojvt Jan 2013 #37
Good job. I don't know how you can stomach those people A HERETIC I AM Jan 2013 #2
Thank you! LOL stevenleser Jan 2013 #6
Well, it's apparently back on again, as the coffee maker is working! Have a great day. n/t A HERETIC I AM Jan 2013 #20
Thanks for going on there, you have such patience. They never give you long enough. freshwest Jan 2013 #3
Hmmm, I think each of the Fox folks has a different style. I think this is typical of my one on ones stevenleser Jan 2013 #21
Steve's patience is amazing. blm Jan 2013 #27
Good job, Steven. pacalo Jan 2013 #4
I was just going to say that. Left Coast2020 Jan 2013 #8
A Heretic I Am made a good point about the distorted graphs they use, too. pacalo Jan 2013 #10
Thank you!!!!! stevenleser Jan 2013 #22
Yes, good job. They need a dose of reality. mountain grammy Jan 2013 #7
Thank you grammy! stevenleser Jan 2013 #23
You did very well. It must not be easy. nm rhett o rick Jan 2013 #9
The biggest challenge for me is the pressure I put on myself to do well. stevenleser Jan 2013 #24
Nicely done, yoou let him slide with a HUGE lie though Demo_Chris Jan 2013 #11
You are right. That is one of the things I thought about the moment the segment ended. stevenleser Jan 2013 #25
Yeah, not a lot you can do in a few seconds anyway. I was impressed. Demo_Chris Jan 2013 #29
I wish they had given you more time. Jamastiene Jan 2013 #12
Thank you my friend! stevenleser Jan 2013 #26
that was great! KT2000 Jan 2013 #13
Awww, thank you! stevenleser Jan 2013 #28
Yes, excellent job not letting him totally steamroll the subject, you stayed on track. nightscanner59 Jan 2013 #14
Thank you... stevenleser Jan 2013 #38
Im going to punch myself in the head kwolf68 Jan 2013 #15
life style issue greymattermom Jan 2013 #16
Increased spending from increased unemployment benefits and food stamps etc due to high unemployment ErikJ Jan 2013 #17
Bushes yrs on spending sure look low arthritisR_US Jan 2013 #18
on a superficial note renate Jan 2013 #19
Thank you renate! stevenleser Jan 2013 #39
very impressive RussBLib Jan 2013 #30
I dont think it did. Like I responded above, this is something I thought about after the stevenleser Jan 2013 #40
Great job Steven RockaFowler Jan 2013 #31
Thank you very much! stevenleser Jan 2013 #41
It is a revenue problem! Corporate taxes are a big part of it. Motown_Johnny Jan 2013 #32
definitely have talent quinnox Jan 2013 #42
Good stuff! RedCappedBandit Jan 2013 #43
I love a DUer be so smart, eloquent duhneece Jan 2013 #44
Latest Discussions»General Discussion»My appearance on Fox News...»Reply #33