In the two years since Obama became POTUS, I have never been more proud of Obama, then at this present moment!
His willingness to compromise on the tax cuts in order to secure 13 more moth of unemployment payments was a bright, shinning moment in his Presidency.
He finally acted like a man who is willing to reach across the aisles.
Way to go Barrack!!! :applause: :applause: :applause:
Way to Go Barrack . . .
Discussion in 'Political Debate & Discussion' started by righteousdude2, Dec 10, 2010.
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righteousdude2 Well-Known MemberSite Supporter
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The compromise is a terrible idea. Senator-elect Rand Paul said he would vote against it in the Senate and I agree with him. This compromise will increase the national debt even more.
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http://blogs.wsj.com/washwire/2010/05/14/rand-paul-cut-spending-but-not-medicare-doctor-payments/
Sorry Ken, but Rand Paul is just another politician, that's all! -
I agree with both moves. I think in the long run both will be beneficial. Remember, they didn't add another 13 months of unemployment, they extended the dates to move to each existing EUC tiers 13 months. The media reports this as everyone who is unemployed will receive 13 more months and that is not true. This helps roughly 2 million people. 9 million people have expired all unemployment and are now either under-employed, quit looking, going on disability, SS, etc. The extreme right wing mentality of the unemployed having a nice vacation was foolish, and has been proven wrong. It's common sense that if 2 million jobs are being created each year, and 2 million are losing their jobs each year there are just not enough jobs out there for everyone.
Something needs to be done to create jobs (real jobs, not TARP jobs) while helping ALL of the unemployed. -
Go on believeing he's acting like a "man"!!!!!! -
Earth Wind and Fire Well-Known MemberSite Supporter
1st time I agree with you Webb....And they should do something about people dropping off & add the 911 responders to the package.
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Something like picking up litter - or some other job that would improve the community but may otherwise not be getting done. S -
What I would like to see is the government hire unemployed workers from each kind of field / trade and assign, say, 10 other unemployed workers to this person. The rep's job would be ONLY to help the other 9 gain employment. -
Furthermore,
"Paul, the Republican senator-elect from Kentucky, said on ABC's "This Week" that Social Security, Medicare and defense should also be "on the table."
"You have to look at entitlements," he said. " - www.nydailynews.com/news/politics/2010/11/08/2010-11-08_rand_gets_specific_on_budget_cuts_fed_pay_soc_sec_on_his_list.html
"Paul agrees he would need to raise the retirement age and cut Medicare benefits as well." - www.examiner.com/political-buzz-in-national/rand-paul-concedes-he-will-cut-medicare-and-social-security-to-pay-for-tax-cuts
"I am not afraid to start a bipartisan, adult discussion of practical and realistic changes to Social Security and Medicare that must take place if we expect the programs to continue for our children and grandchildren.
Any changes would only apply to younger Americans who have time to plan for the future. The alternative is a bankrupt entitlement system that will take care of no one." - www.randpaul2010.com/issues/rand-paul-on-medicare-and-social-security/ -
Earth Wind and Fire Well-Known MemberSite Supporter
What is really galling though is another 1 Trillion in debt. That PO's me. Maybe Obama & company should have told the Republicans that they (the Dems) would pay the Unemployment & since the Republicans like the idea of a tax reduction for the rich, then you guys pay for it. That's what I personally would have done. Then there would not have been an additional deficit. -
The Obama-GOP Deal: A Tax Hike for the Working Poor
"Why would the working poor pay more? Because the proposal would replace this year’s Making Work Pay (MWP) credit with a temporary reduction in the Social Security payroll tax from 6.2 percent to 4.2 percent. That’s a good deal for high earners, who got nothing from MWP (thanks to an income phaseout), but a bad deal for those making $20,000 or less.
The math works this way: The MWP credit gave as much as $400 to each single worker and up to $800 to couples. If you’re single and earned at least $6,452 (and less than $75,000) in 2010, you got $400. Married couples with earnings over $12,903 (and less than $150,000) got $800.
But you won’t get $400 from the payroll tax cut until your earnings reach $20,000; earnings have to be twice that high to yield the $800 that MWP gave to couples. So single taxpayers who earn less than $20,000 and married couples earning less than $40,000 will pay more in taxes under the payroll tax cut than under MWP (see graph). Like everyone else, those folks will keep their Bush-era tax cuts and everything else that would continue from 2010 into 2011. But because no other provisions would cut their 2011 taxes relative to 2010, those taxpayers are unequivocally worse off under the compromise in 2011 than under the tax law we have this year."
- rest at http://blogs.forbes.com/beltway/2010/12/09/the-obama-gop-deal-a-tax-hike-for-the-working-poor/ -
righteousdude2 Well-Known MemberSite Supporter
Only If Hell Freezes Over . . .
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I think it comes down to "I want something, instead of nothing"
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The problem, as I see it, is that Obama gets to run our debt up some more. Anyone here see that as a good thing?
If you household is as far in debt as our country is, would your solution be to go borrow more money?
Since every time tax cuts were given to employers, tax revenues went up, then it is silly to think that raising taxes is a good long term solution to a funding problem. When real unemployment numbers (not just the numbers of people collecting unemployment) are considered, this country needs to get back to work - not to raise taxes on those who are working.
I will never see the idea of spending money we don't have to be a solution to anything.
By the way, ever wonder why your local newspapers still have multi-page spreads in "Help Wanted?"