Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
ummm they had started paying the national debt down before bush was elected
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
math isn't on your side on this one
want to lower the debt? get rid of the bush tax cuts. maddow summed up the bush tax cuts well "we went to war while cutting taxes- who does that?"
That really reads to me like dailykos just can't get the joke.
Enlighten me on what the joke is, apparently I don't get it either.
Seems to me like he's just fearmongering off a right wing nutjob story which was already debunked.
Or, you know, he's just joking about the NWS shooting people that don't like the weather. It's always kind of amazing to me how people insist on reading a statement that's open to interpretation as if the interpretation they most want to be true must in fact be how the person making the statement meant it.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
math isn't on your side on this one
want to lower the debt? get rid of the bush tax cuts. maddow summed up the bush tax cuts well "we went to war while cutting taxes- who does that?"
You're bad at reading charts.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
That really reads to me like dailykos just can't get the joke.
Enlighten me on what the joke is, apparently I don't get it either.
Seems to me like he's just fearmongering off a right wing nutjob story which was already debunked.
Or, you know, he's just joking about the NWS shooting people that don't like the weather. It's always kind of amazing to me how people insist on reading a statement that's open to interpretation as if the interpretation they most want to be true must in fact be how the person making the statement meant it.
yeah that could very easily just be a legit attempt at a joke
PwnanObrienHe's right, life sucks.Registered Userregular
edited August 2012
A guy commented on my friend's facebook post that Julian Assange is a secret government agent. Is this more stupid than crazy or more crazy than stupid? Please show your work.
A guy commented on my friend's facebook post that Julian Assange is a secret government agent. Is this more stupid than crazy or more crazy than stupid? Please show your work.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
math isn't on your side on this one
want to lower the debt? get rid of the bush tax cuts. maddow summed up the bush tax cuts well "we went to war while cutting taxes- who does that?"
These projections are completely meaningless. They are based on assumptions that the CBO cannot possibly predict.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
math isn't on your side on this one
want to lower the debt? get rid of the bush tax cuts. maddow summed up the bush tax cuts well "we went to war while cutting taxes- who does that?"
A guy commented on my friend's facebook post that Julian Assange is a secret government agent. Is this more stupid than crazy or more crazy than stupid? Please show your work.
morbid curiosity... which government?
The United States of America.
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WeaverWho are you?What do you want?Registered Userregular
I mean, the law is the law so if they don't qualify to have a candidate on the ballot then I guess that's the way it breaks. But I'm not going to celebrate a bunch of washingtonians effectively being disenfranchised of their vote because of some technicality the party overlooked. Though I assume people could still write Romney in.
A guy commented on my friend's facebook post that Julian Assange is a secret government agent. Is this more stupid than crazy or more crazy than stupid? Please show your work.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
math isn't on your side on this one
want to lower the debt? get rid of the bush tax cuts. maddow summed up the bush tax cuts well "we went to war while cutting taxes- who does that?"
Deficit spending is only a component of debt.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
I mean, the law is the law so if they don't qualify to have a candidate on the ballot then I guess that's the way it breaks. But I'm not going to celebrate a bunch of washingtonians effectively being disenfranchised of their vote because of some technicality the party overlooked. Though I assume people could still write Romney in.
"disenfranchised"?
that's a little dramatic, I think
they can still write him in
but also let's not pretend that the electoral college doesn't totally erase the significance of those votes anyway
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MrMonroepassed outon the floor nowRegistered Userregular
If you switch the dial to "0 dependents", the language under the angry red number that Romney will cost you changes very subtly from "families like yours" to "average families" (read: not yours, in fact if you're single with no kids you'd be very likely get a tax cut under either Romney OR Ryan's plan at any middle or lower class income level... hmm... who is single and has no kids and is a poorer income level? oh yeah, young voters who go to tax calculators on the internet!)
Also all of the Tax savings projected for 2013 under Obama is based on legislation that hasn't passed yet, and would have to be passed under a Senate that is likely to be 50-49-1
hope and change!
Are you sure of this?
On Ryan's proposed 2013 budget specifically, the bargain is that your federal income tax rate is decreased in exchange for being stripped of common household deductions like child credits, mortgage interest deduction, student loan interest deductions.
If you receive few or none of these credits, your taxes would be lower in MANY common cases.
So if you're young and you have no babies and you rent, you get a (sometimes huge) break.
In fact, if you make between 35k and 49k your tax rate on that income goes from 25% down to 10%
So. Let's just say... a 24 year old making 45k, single... and the only deduction he really can claim is student loan interest
That guy is going to save money
Now, as it happens, I personally would not see that much of a tax cut. I happen to fall in a range that puts me into Ryan's 25% bracket for a decent chunk of my income. But if I wanted to start my own business, I wouldn't get crucified quite so badly either (like I did this year), thanks to some simplified tax code.
Families who own homes would also get hit... but the extent to which they get hit is also based heavily on how much their home is worth and how many children they have and what their interest rates are. So the more expensive your house is, the more your taxes would go up in contrast to the current system.
Worth noting is that this tax code also abolishes all corporate subsidy, including oil subsidy. Yes it lowers taxes on corporations. But it also levels the playing field big time in that realm.
now if only they would actually propose eliminating any of those deductions, rather than simply saying they'll get down to brass tacks of suggesting which ones to cut at an unspecified later date and implying that those will be included
the problem being they're both spineless children and they know that "I'll get rid of deductions" polls much much better than "I'll get rid of Deduction X"
my point is that the perception that the conservative tax proposals on the table are an evisceration of the middle class and working poor across the board is a farce
Please explain this, given that the middle class is by definition a four person household making $50k/year
Hahaha no fuckin' way dude. If you thought your family was "fucking broke" making 50k a year you are fucking deluded
While its not "living in a box" broke, its still broke. Kids are a terrible financial decision, what with food for four mouths, doctors bills, everchanging clothes sizes, paying for school stuff, new and preexisting debts (college, mortgage, what have you), the inevitable daycare center/babysitter (because more likely than not its a multiple income household) until they turn old enough to go latchkey.
While not destitute, 50k a year total for a family of four is pretty much 80% paycheck-to-paycheck living, and that's broke. When you're one missed week of work from telling your family "ramen for dinner for the next month", you're broke.
Maybe my own experience skews my idea of what "fucking broke" is. But the idea that someone making $50k with two kids could claim to be "fucking broke" is goddamn hysterical to me. I understand that it is completely possible to be "broke" and make pretty much any amount of money, but where I am from $50k is fairly comfortable living. And by that I mean you have cable TV and internet and your kids probably have cell phones and video games and all that bullshit.
Yeah well I grew up in a small Sudanese village and I'm laughing hysterically at you laughing at someone else for having it tough
I'm really not trying to make this anything like that. Like I said, I understand that it is possible to just be broke no matter how much you make. I just don't really have any sympathy for them. You aren't poor, not even close. You're making double what is considered "poverty." You're making more than triple the federal minimum wage (before taxes). You might be making below the median (depends on where you live) but that doesn't make you broke.
Poor people know how to be poor. If you're making $50k and you have to feed your family ramen for a month something has gone horribly fucking wrong.
I've got sympathy for those people, just like I have sympathy for people who are even worse off than that
I don't necessarily think it's about having sympathy for people but it's DEFINITELY not about laughing at people who want to share anecdotes about some of the rougher times in their life
Fair enough. I apologize that I was acting callous. It's not fair of me to make light of other people's situations, especially when I don't know the full story.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
ummm they had started paying the national debt down before bush was elected
National debt in dollars (not % of GDP) has always gone up. The Clinton years "surplus" is a bit of a myth. It was the result of some creative accounting with off-budget funds and borrowing from trusts instead of the public. But national debt still grew throughout the Clinton administration though he certainly does deserve credit for the closest thing to a balanced budget since what feels like forever.
MrMonroepassed outon the floor nowRegistered Userregular
You can balance a budget and still be increasing your debt load, nothing "creative" about the accounting at all.
If I owe $500 in debt at the beginning of August and I have a net income of $5 for the month of August after making my minimum payments, my debt load probably goes up.
Guys, we can climb out of our national debt pretty quickly if we just let the Bush tax cuts run out. All our elected officials have to do is nothing.
They're going to fuck this up so bad.
If that were true we'd never have had a national debt to begin with. Go ahead and argue higher taxes all you want but if you look at the numbers and believe that a 4% or whatever increase of income tax revenue and 3-5% on capital gains from the last 10 years would erase a $14 trillion dollar debt you are really ignorant or really bad at math.
ummm they had started paying the national debt down before bush was elected
National debt in dollars (not % of GDP) has always gone up. The Clinton years "surplus" is a bit of a myth. It was the result of some creative accounting with off-budget funds and borrowing from trusts instead of the public. But national debt still grew throughout the Clinton administration though he certainly does deserve credit for the closest thing to a balanced budget since what feels like forever.
ah, I see
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Zen VulgarityWhat a lovely day for teaSecret British ThreadRegistered Userregular
Johnny ChopsockyScootaloo! We have to cook!Grillin' HaysenburgersRegistered Userregular
The fact that my dad made more per hour in the 70s working as a stocker at a grocery store than I did 4 years ago in a similar position only reenforces the fact that something has gone terribly wrong with America in the last 40 years.
The fact that my dad made more per hour in the 70s working as a stocker at a grocery store than I did 4 years ago in a similar position only reenforces the fact that something has gone terribly wrong with America in the last 40 years.
The fact that my dad made more per hour in the 70s working as a stocker at a grocery store than I did 4 years ago in a similar position only reenforces the fact that something has gone terribly wrong with America in the last 40 years.
Posts
http://slog.thestranger.com/slog/archives/2012/08/16/libertarians-sue-to-have-romney-kicked-off-washington-ballot
ummm they had started paying the national debt down before bush was elected
word we're still at war? where?
Or, you know, he's just joking about the NWS shooting people that don't like the weather. It's always kind of amazing to me how people insist on reading a statement that's open to interpretation as if the interpretation they most want to be true must in fact be how the person making the statement meant it.
You're bad at reading charts.
yeah that could very easily just be a legit attempt at a joke
morbid curiosity... which government?
These projections are completely meaningless. They are based on assumptions that the CBO cannot possibly predict.
Again,
Also, lol at the psychic CBO.
The United States of America.
You know they're just gonna put him on anyway and tell everyone to suck it.
more crazy < stupid
coefficient(ignorance) >= malice
Deficit spending is only a component of debt.
I know, and when it happens, I'm going to raise a big stink about our secretary of state picking and choosing when to implement state law
"disenfranchised"?
that's a little dramatic, I think
they can still write him in
but also let's not pretend that the electoral college doesn't totally erase the significance of those votes anyway
now if only they would actually propose eliminating any of those deductions, rather than simply saying they'll get down to brass tacks of suggesting which ones to cut at an unspecified later date and implying that those will be included
the problem being they're both spineless children and they know that "I'll get rid of deductions" polls much much better than "I'll get rid of Deduction X"
Maybe my own experience skews my idea of what "fucking broke" is. But the idea that someone making $50k with two kids could claim to be "fucking broke" is goddamn hysterical to me. I understand that it is completely possible to be "broke" and make pretty much any amount of money, but where I am from $50k is fairly comfortable living. And by that I mean you have cable TV and internet and your kids probably have cell phones and video games and all that bullshit.
Ever tried. Ever failed. No matter. Try again. Fail again. Fail better
bit.ly/2XQM1ke
I'm really not trying to make this anything like that. Like I said, I understand that it is possible to just be broke no matter how much you make. I just don't really have any sympathy for them. You aren't poor, not even close. You're making double what is considered "poverty." You're making more than triple the federal minimum wage (before taxes). You might be making below the median (depends on where you live) but that doesn't make you broke.
Poor people know how to be poor. If you're making $50k and you have to feed your family ramen for a month something has gone horribly fucking wrong.
I don't necessarily think it's about having sympathy for people but it's DEFINITELY not about laughing at people who want to share anecdotes about some of the rougher times in their life
Ever tried. Ever failed. No matter. Try again. Fail again. Fail better
bit.ly/2XQM1ke
Nope.
http://www.futuretimeline.net/subject/business-politics.htm
National debt in dollars (not % of GDP) has always gone up. The Clinton years "surplus" is a bit of a myth. It was the result of some creative accounting with off-budget funds and borrowing from trusts instead of the public. But national debt still grew throughout the Clinton administration though he certainly does deserve credit for the closest thing to a balanced budget since what feels like forever.
If I owe $500 in debt at the beginning of August and I have a net income of $5 for the month of August after making my minimum payments, my debt load probably goes up.
ah, I see
barely ate
50k here in Tampa gives me a home
PSN/Steam/NNID: SyphonBlue | BNet: SyphonBlue#1126
I blame the death of labor unions.
Steam ID XBL: JohnnyChopsocky PSN:Stud_Beefpile WiiU:JohnnyChopsocky
i blame globalization
Which probably go completely hand in hand.
Steam ID XBL: JohnnyChopsocky PSN:Stud_Beefpile WiiU:JohnnyChopsocky
please share with the class
But yes there is no livable area in Tampa