Quote:
Originally Posted by TracyCoxx
Obama - "Republicans support tax breaks for corporate jets at the expense of children and the elderly."
Who's paying for your jet Mr. President? Last year you flew Air Force One 172 times - almost every other day, at a cost of $181,757 per flight hour. Not to mention your 196 helicopter trips. And this year and next, the tax payers will pay for him to fly even more as he campaigns.
And if corporate jets are such a problem, WHY DID HIS STIMULUS PACKAGE INCLUDE TAX BREAKS FOR BUSINESSES TO BUY THEIR OWN PLANES?
He needs to STFU, and stop trying to spend us into oblivion and work with republicans to cut spending. The House has already voted not to raise the debt ceiling while continuing to do business as usual. So get over it BO. You're not going to raise the debt ceiling without big spending cuts.
|
Quote:
Originally Posted by franalexes
Dear Tracy Coxx
Have you not learned yet that stating facts is so infuriating to those that can't see them?  ...
|
There is an assumption in this thread and elsewhere that political positions are somehow binary; in other words, you either support Obama or you support the Republicans. This may be the case for some, but I have made clear time and again that I do not support Obama and I do not support the Republicans.
1. Obama's stimulus plan had some good elements, but it was mostly a sham. Tax breaks were included in it, but there is little to no evidence over the long history of capitalism that they stimulate an economy in crisis -- as every economist without a political agenda knows. The corporate jet bullshit shouldn't have been there, but look back in the history of the debate over the stimulus and see from whence that proposal came.
2. The executive branch wastes huge amounts of taxpayer money on perks for the president. This waste is shameful, and any president -- Democrat or Republican -- who takes advantage of these perks and hides behind the Secret Service insisting it is necessary is stealing from the American people. Why should a president or his family get a taxpayer-funded vacation?
Of course, every president is stealing from the American people. The fact is that there is no Republican that is better than any Democrat on this issue. They are all crooks in this regard.
3. The debt ceiling has nothing to do with any spending that will happen in the minute after it is raised or in the next fifty years after it is raised. Every grownup politician knows this. Like it or not, there has been a bipartisan consensus to keep the United States from defaulting on money it owes. The debt ceiling was raised 17 times during the Reagan presidency, and the amount of the ceiling tripled. In a November 16, 1983 letter to Sen. Howard Baker, the Republican leader, Reagan wrote to ask for his help in getting the debt ceiling raised:
"The full consequences of a default?or even the serious prospect of default?by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the costs, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns."
The debt ceiling was raised 4 times during Clinton's presidency, mostly because the United States enjoyed a surplus during much of his two terms. Under George W. Bush, the debt ceiling was raised at least 7 times.
All these increases happened with bipartisan support. The standard practice is to posture and then make sure it is raised when the vote comes.
These are indisputable facts. The current debate is more political posturing by people who are simply making stuff up. The debt ceiling has NOTHING to do with future spending levels. NOT A SINGLE THING. That is why the talking heads on all sides refer to those who behind the scenes are expected not to let the debt ceiling increase fail are spoken of as "the adults in the room." They may even posture, but with the door closed and out of the light of day they don't make up their own facts.