Change Happens
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Wed Sep-07-11 09:52 AM
Original message |
Has anyone commented on the $300 billion the President is going to propose? |
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I read the Bloomberg story, which says that almost 50% of the package is tax cuts? Has this been confirmed? Has anyone like Krugman and other like him commented?
To me, the President is NOT going BIG, he is going very VERY small! Furthermore, 50% tax cuts won't cut it...The last stimulus of $787 billion had $300+ billion in tax cuts, we got nothing out of it...We needed real spending on actual projects, the shovel ready projects and monies, about $300+ billion, carried us the past 2 years...We now need a $1 trillion of the same...
Plus, the worst thing about it, is that the Pukes are going to attack it, just like they did last time, NO STIMULUS, no more more government spending, blah blah blah...What makes the WH think, this time around, propose another stimulus, and they will embrace the same exact thing that brought the Teabag Party itself?
Am I missing something?
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HappyMe
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Wed Sep-07-11 09:54 AM
Response to Original message |
1. Anything the President would propose, the pukes would attack. nt |
Change Happens
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Wed Sep-07-11 09:59 AM
Response to Reply #1 |
6. So why not offer an overwhelmingly awesome proposal? |
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Something like: $3.0 trillion rebuilding upgrading project...I think some engineering organization had estimated that the country needs $3.1 trillion in infrastructure repairs...etc. Embrace that, tell the country how many jobs it will create, then run on it!!! While destroying the pukes for not wanting to invest in this country!!!
$150 billion is stupid childish misguided ....
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HappyMe
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Wed Sep-07-11 10:07 AM
Response to Reply #6 |
14. I'm not going to jump |
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all over the guy before I hear what he has to say.
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RC
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Wed Sep-07-11 10:14 AM
Response to Reply #6 |
20. You make to much sense. Never happen. |
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Without Living wage jobs, we will never recover - ever.
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JoePhilly
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Wed Sep-07-11 01:01 PM
Response to Reply #1 |
28. CNN is already claiming 300B is too big. Heard that earlier. |
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Who will pay for it?
Blah blah blah.
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TwilightGardener
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Wed Sep-07-11 09:55 AM
Response to Original message |
2. I will wait to see some analysis of the proposal before making any judgments-- |
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I'm not an economist, that's for sure.
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emulatorloo
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Wed Sep-07-11 10:02 AM
Response to Reply #2 |
10. I will wait to hear the actual proposal too, fwiw |
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Rather than speculative articles.
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Broderick
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Wed Sep-07-11 09:55 AM
Response to Original message |
3. They are better off sending that 50% |
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in the form of checks to people in my opinion. This tax cut nonsense has got to stop. TAX CUTS NEVER SEEM TO GO AWAY.
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Bragi
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Wed Sep-07-11 09:59 AM
Response to Reply #3 |
5. I agree -- people need income, not tax cuts |
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You know what else doesn't work? Classic "job creation programs" where you give employers money or tax cuts to create jobs, or shovel money to states who then give it to constructions firms owned by campaign donors.
What will stimulate the economy and job creation most would be transferring income from the rich to people who are in distress. Boost people's income, and jobs will follow.
Not that I expect that to be in the speech, of course.
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Broderick
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Wed Sep-07-11 10:07 AM
Response to Reply #5 |
15. The last stimulus was 800 billion |
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and at best the jobs created cost 200K each - I think it is far less jobs at more around 400K per job. Where did the fucking money go. What jobs were created, the million plus they tout, and what did people make off of that --- 200K? We are being stolen from. You are spot on.
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CrispyQ
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Thu Sep-08-11 10:12 AM
Response to Reply #5 |
31. And if you boost people's income, the tax base will expand. |
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That's another fave sound bite of the repubs, "We have to expand the tax base." Their version, however, is to tax people at poverty level, not increase employment & wages. Fucking assholes.
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Change Happens
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Wed Sep-07-11 10:00 AM
Response to Reply #3 |
8. Bingo, yes...Send the poor a check! |
Broderick
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Wed Sep-07-11 10:08 AM
Response to Reply #8 |
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creating a million jobs at 200, 400K a pop in cost. The person who is thankful for one of those jobs is likely making 10 bucks an hour at best. 21K. Where did the 179K-379K go? Who was the recipient of the bilking mechanism?
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DefenseLawyer
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Wed Sep-07-11 09:57 AM
Response to Original message |
4. You may not have noticed, but rich people don't like to pay taxes |
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That's really all you need to know.
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Bragi
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Wed Sep-07-11 10:03 AM
Response to Reply #4 |
11. Yep, even in these times |
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The rich oligarchs are sitting on mountains of corporate and personal cash right now, there's nothing they don't have that's left to buy, and they are not investing their money because the people they stole the money from can't afford to buy much.
And what's the answer? More fucking tax cuts for the rich!
We are now in the era of mass stupidity. I think the next step is some kind of economic and social collapse.
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Scuba
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Wed Sep-07-11 10:00 AM
Response to Original message |
7. How about a big tax increase on the wealthiest along with $3 Trillion in new spending? |
Change Happens
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Wed Sep-07-11 10:01 AM
Response to Reply #7 |
9. I agree, go BIG BIG BIG! |
TwilightGardener
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Wed Sep-07-11 10:04 AM
Response to Reply #7 |
12. How well do you think "3 trillion in new spending" will go over with |
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average Americans, who have largely been brainwashed into thinking "spending BAD"?
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Scuba
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Wed Sep-07-11 10:07 AM
Response to Reply #12 |
13. Simple. Three trillion in job spending should be an easy sell.... |
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...especially if you're willing to be honest with the American People about that and other issues.
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TwilightGardener
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Wed Sep-07-11 10:09 AM
Response to Reply #13 |
18. Well, you don't live in my world, then. If newspaper editorials and |
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letters and talk radio are any indication, the sheeple have bought 100% the fear of deficits and spending.
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Demit
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Wed Sep-07-11 10:19 AM
Response to Reply #18 |
21. You should take newspaper editorials and letters and talk radio with a grain of salt. |
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They've been pushing propaganda for a long time now. You should read the polls more. There's no 100% buy-in to the propaganda, not even close.
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TwilightGardener
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Wed Sep-07-11 10:27 AM
Response to Reply #21 |
22. I think the people who write and call in are the most zealous, certainly. |
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But I live in a Republican area, and it's just taken as gospel here that spending BAD, cutting spending GOOD. I can't get away from it.
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RaleighNCDUer
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Wed Sep-07-11 10:43 AM
Response to Reply #12 |
25. Re-frame it. It is INVESTMENT, not SPENDING. |
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Spending is what you do when you put out $50 for movie tickets and snacks. Investment is what you do when you put out an extra $50 for an extended warranty.
Spending is what you do when you pay 17k for a new car. Investment is what you do when you pay 17k for your kid's tuition at the state college.
Spending is what you do when you give 30 million in subsidies to already profitable corporations. Investment is what you do when you put 30 million dollars into replacing a dangerous highway overpass.
Don't let the republicans frame government expenditures as 'spending' when it is actually investment.
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Maven
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Wed Sep-07-11 12:55 PM
Response to Reply #12 |
26. Then call in $3 trillion in new SALARIES |
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Use your imagination. Oh, that's right, we have to use Republican framing on everything per Obama.
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Claudia Jones
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Wed Sep-07-11 12:59 PM
Response to Reply #12 |
27. that is easlily solved |
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If the money actually goes to the people, the program would, of course, go over quite well with them.
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Egalitariat
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Wed Sep-07-11 01:11 PM
Response to Reply #7 |
29. Good idea, but you need a catchy tagline. Something like "Democratic Tax & Spend" plan. |
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You could even improve that by discussing how the effects of the plan would be to create a "Worker's Paradise".
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Scuba
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Wed Sep-07-11 04:04 PM
Response to Reply #29 |
30. God forbid the right should start saying that! |
kenny blankenship
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Wed Sep-07-11 10:08 AM
Response to Original message |
16. Also, the 300 Billion spent is (acc. to rumor) all subtracted from other budget allocations. |
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Net stimulative effect=almost entirely symbolic.
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Change Happens
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Wed Sep-07-11 10:33 AM
Response to Reply #16 |
24. WOW, are you sure? I did not know that... |
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Then, it is all way fucked up and stupid...
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Inuca
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Thu Sep-08-11 10:23 AM
Response to Reply #16 |
32. Not according to this |
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http://www.washingtonpost.com/blogs/plum-line/post/the-morning-plum/2011/03/03/gIQA9L25BK_blog.html"it is fully paid for by closing corporate tax loopholes and asking the wealthiest Americans to pay their fair share"
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kentuck
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Wed Sep-07-11 10:10 AM
Response to Original message |
19. About the same as was in the other stimulus... |
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It also was in the form of taxcuts.
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MilesColtrane
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Wed Sep-07-11 10:27 AM
Response to Original message |
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Edited on Wed Sep-07-11 10:28 AM by MilesColtrane
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Bandit
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Thu Sep-08-11 10:32 AM
Response to Original message |
33. McConnell basically called the President insane over it |
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He made a statement saying doing the same thing over and over again expecting a different result was the definition of insanity.. Referring to Obama's original Stimulus program and calling it a complete failure.. He said investing in infrastructure would also be another failure... No one asked any follow up questions.
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Change Happens
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Thu Sep-08-11 01:41 PM
Response to Reply #33 |
34. I rest my case then....... |
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Very sad - This is going to be sooooooooo easy to attack :(
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Change Happens
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Thu Sep-08-11 08:18 PM
Response to Original message |
35. I apologize for being somewhat critical early on... |
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I LOVED IT!!! Way to go Mr. President...
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