Obama '08?

I'll point out that while I do agree in general where Obama is choosing to spend money (outside of the debacle of a stimulus plan, which I'm sure history will prove me right on). I DO NOT approve of deficit spending as a governing strategy, for any president.

If Obama chooses to continue his planned deficit spending, I will gladly vote him out of office in 2012, and vote for deficit hawks as my number 1 issue until we have a government who is willing to deal with the biggest threat to my future.

I quoted Advocate, and used the identifier "you".

I disagree with your assessment about deficit spending. From what I've been reading about a universal health plan for the US, it may cost more up front, but the savings will far exceed the spending. Not many companies or individuals can continue to pay the increasing premiums (higher than the inflation rate), and even responsible middle class families are going bankrupt as a result of a major illness in the family.

I believe financial security is about as important as our physical security and the amount we spend on our military.

I don't blame you for not being worried about deficit spending. You're in your twilight years and won't be expected to pay any of it back.

I however, am in my late 20's, and have (hopefully) many more years. Years where an increasing amount of my income will have to be taxed to pay for the **** we're doing today.

But a universal health plan will help you and your family. Preventative health care is cheaper than emergency room care.

The task for congress is to make sure there are no loopholes like the universal health care Massachusetts implemented; people will buy health insurance to care for their major surgery or illness, then drop their insurance. There should be a huge fine for playing the system that way.

It doesn't take a rocket scientist to figure out that premium payments by the majority that includes the younger generation ameliorates the whole system when older folks use health care more frequently or for more expensive procedures. Since they will one day be in the same boat, that's a reasonable system.

Yes it will. Let's just make sure we're paying for it.

Actually, an interesting point. Bush was wrong on how many things? His tax cuts did stimulate the economy and we did not do badly following 911, not until 2008 did it sort of hit the skids, but I happen to believe we would be a whole lot better off right now with a conservative president since January. We essentially became successful in Iraq, after years of Democrats whining that we never had a chance. We never had an attack here, Bush was successful with national security. Bush was wrong on spending too much money on certain things, such as the prescription drug policy and no child left behind, but those are essentially liberal policies, not conservative policies.

It has been the liberal policies that have caused our housing crisis, which some believe served as the catalyst to the economy turning sour. To this day, we have no accountability with Fannie and Freddie, no investigations of corruption. Bush wanted to provide more oversight, but the Democrats told us no problem, yes, those same brilliant people that you now want to put your faith and trust in.

The "moron" you called Bush running the country was smarter than most of the posters here on A2K, and definitely smarter than Obama.

And since when have "conservatives" decided to have me be their spokesperson? I speak for myself, and nobody else, thank you. And when you call names, please choose at least one issue and provide evidence that your point 0f view can be supported by. Otherwise, you serve no purpose by simply throwing out accusations.

okie, Bush's tax cuts that promised "creation of jobs" never happened. Your claims are never backed up from the facts of history. Bush's job creation was the worst since Hoover, and we're now talking about our depression in the early part of the last century. As kicky said

what amazes me, okie, is that I think you really believe that.


flippin' scary...

The scary part is his consistent misinformation being spread as truth.

The truth must be scary to some people! Yes, I believe tax cuts do in fact stimulate businesses. Cutting expenses for businesses actually help businesses. Is that a scary concept for you? I have never claimed that taxcuts are a total solution to economic malaize in and of themselves, but they are in fact one piece of the puzzle. Fact is, if we eliminated all corporate income tax, we would see an economic boom in this country, no doubt whatsoever. Yes I believe that. It is obviously true, and anyone that has ever been in business would of course know this. It is a demonstrable fact that as more and more percentage of gdp goes to government, the more stale the economy will become.

Government does not create wealth, it consumes it. Obama is now beginning to accelerate turning the country into a country feeding upon itself, consuming the wealth creation and the wealth creators, to feed and reward the non producers.

Other things that need reform include our education system, and our labor union policies, etc. We need to make government friendly toward free enterprise, rather than act as an adversary, as Obama is doing. We need to once again recognize that competition is good, it raises the standards for all of us.

However, your statements are not truth; they are outright lies and creations of your own mind.

Show us evidence that Bush's tax cuts created jobs - from reliable sources?

From the WSJ:

They have to be at least as reliable as the sources Obama uses to claim this the stimulus has saved jobs.

your ultra conservative spin with blinders on is what's scary okester.

If you can tell me and the rest of A2K with a straight face, that cutting the cost of doing business does not help business, then have at it, ci. Taxes are but one cost of doing business, and if they are reduced, that helps businesses. If you don't believe it, go start a business and educate yourself. Have you ever run a business yourself? If you haven't, I suggest you try it.

business is not people, okie.

I have run several, and they care about $$$$

the more the better.

Your generalities about tax cuts has no basis in fact. GWBush's tax cuts didn't provide the job creation he promised. You're in the same boat.

Many developed countries have higher tax rates than the US with better employment rates - and standard of living.

I don't have to "start a business" to understand the impact of taxes; I was controller for several companies, and did consulting work for many. As a controller, I was in charge of fiscal matters. That's probably a whole lot more experience than you ever had.

On a personal note, I retired early from my professional career, and now live quite comfortably from our savings; it's elementary sonny, because I understood taxation not only from a business POV but from a personal advantage POV.

Finally, our net equity today is worth between 70 and 80% of our total wages earned. Not too bad for somebody you wish to criticize as not having knowledge about taxation.

It is not hypocrisy on my part. Obama is in deficit spending to prevent the country from sliding into another great depression. Rep proposals, or lack thereof, would guarantee such a slide. Moreover, the Obama deficit spending is temporary -- the country will later revert to pay-as-you-go, which was so successful under Clinton. The Budget Chair John Spratt has mapped this out.

What do you think is the correct course of action?