dagblog - Comments for "The President Owns Everything"

He pulled back massive

Chiaroscuro — Sat, 13 Nov 2010 00:17:47 +0000

In reply to Hoover wanted to balance the

He pulled back massive governmental spending and raised taxes, wanted to balance the budget when recovery was just taking off, if I understand the history. Please don't think of letting these Bush tax cuts expire as 'raising taxes': it's just about letting them return to '90s levels, when job growth was pretty decent.

Hoover wanted to balance the

Oxy Mora — Fri, 12 Nov 2010 23:23:53 +0000

In reply to Please don't say it again; it

Hoover wanted to balance the budget and mistakenly raised taxes in a contracting economy.

Go four-times-table yourself,

quinn esq — Fri, 12 Nov 2010 20:08:38 +0000

In reply to You know, if I had a pension,

Go four-times-table yourself, so-called "Dextor."

You know, if I had a pension,

Michael Maiello — Fri, 12 Nov 2010 18:31:53 +0000

In reply to Pew Research Center, Sept.

You know, if I had a pension, I could see myself supporting it as well. Since I'd have a fixed source of income already, I'd be happy to take 1/3rd of my Social Security money and go for a higher return and take some risk. But these kids don't have pensions. If they're lucky they have 401(k) plans. If they ahve 401(k) plans, they should want everything else to be guaranteed as a hedge. They are financially illiterate.

Pew Research Center, Sept.

artappraiser — Fri, 12 Nov 2010 17:30:48 +0000

In reply to Momo, during the midterms the

Pew Research Center, Sept. 13, 2010:

http://people-press.org/report/653/

Check out age 18-29....wondering how many were strong Obama supporters...

Please don't say it again; it

Chiaroscuro — Fri, 12 Nov 2010 17:11:58 +0000

In reply to Well, I gave myself

Please don't say it again; it makes me want to commit hara kiri. When Dems buy into this framing of economics, it makes it clear that the lines between the parties are far too blurred to be effective at communicating smart economics, not to mention what's good for the country. What? The Dems are now Hoover?

Right. And by extension,

Obey — Fri, 12 Nov 2010 16:56:00 +0000

In reply to Well, I gave myself

Right. And by extension, lowering tax rates for the rich would help the economy even more. As would lowering corporate tax rates (which increase personal income for the rich). So let's meet all the GOP's demands for lower taxes on the rich and on corporations by agreeing on temporary cuts - to 0% on all incomes over 250.000, and on corporate profits. That will be great for the economy. And be bi-partisan. We could time them to expire, just as for the Bush tax cuts, just before the '12 election. That way no one will let them really expire and they will be extended ad eternam. Which... will be great for the economy. Right?

See, I look at this 'thinking', and I don't think the left has become intellectually bankrupt. I look at this kind of thinking and I realize there is no left... left.

Sorry to harsh your mellow, Oxy, but I don't know how else to react to this kind of stuff.

Well, I gave myself

Oxy Mora — Fri, 12 Nov 2010 16:33:33 +0000

In reply to So what you're saying is that

Well, I gave myself indigestion just writing the above. Frankly, I'd like to kick some GOP ass right about now. And if Obama doesn't show some fight on SS and take a tougher stance on the banks, I'm all in for a challenge in the primary. But my opinion is that having any or all of these tax rates go up during the next two years is inimical to recovery and therefore to Obama's chances for re-election.

So what you're saying is that

Obey — Fri, 12 Nov 2010 15:53:22 +0000

In reply to Hey there. Meae Culpae, I

So what you're saying is that tax cuts for the rich are good for the economy. Accordingly, why not drop their rates even further, down to 10% marginal rate? Drop corporate tax rates as well? Hell, let's just adopt the whole GOP agenda. They're obviously right about what works. Right?

They're disgusting.

... but right!

Awesome. the country is so not screwed if this is representative of thinking in the Democratic party base.

I'd imagine the unions

we are stardust — Fri, 12 Nov 2010 15:51:18 +0000

In reply to Well, these guys seem to

I'd imagine the unions remember it:

http://theunionlabelblog.com/2009/03/04/obama-promises-movement-on-efca/