I love this chart on Drudge - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

Tex · 02-26-2009, 05:39 PM

Obama's federal deficit is already projected to be deeper--way deeper--than any of the Bush years. Heh.

Tex · 02-26-2009, 05:47 PM

WSJ gives a nice reality check to his soak-the-rich plan:

Quote:

Mr. Obama is of course counting on an economic recovery. And he's also assuming along with the new liberal economic consensus that taxes don't matter to growth or job creation. The truth, though, is that they do. Small- and medium-sized businesses are the nation's primary employers, and lower individual tax rates have induced thousands of them to shift from filing under the corporate tax system to the individual system, often as limited liability companies or Subchapter S corporations. The Tax Foundation calculates that merely restoring the higher, Clinton-era tax rates on the top two brackets would hit 45% to 55% of small-business income, depending on how inclusively "small business" is defined. These owners will find a way to declare less taxable income.

The bottom line is that Mr. Obama is selling the country on a 2% illusion. Unwinding the U.S. commitment in Iraq and allowing the Bush tax cuts to expire can't possibly pay for his agenda. Taxes on the not-so-rich will need to rise as well.

...

Mr. Obama is very good at portraying his agenda as nothing more than center-left pragmatism. But pragmatists don't ignore the data. And the reality is that the only way to pay for Mr. Obama's ambitions is to reach ever deeper into the pockets of the American middle class.

http://online.wsj.com/article/SB1235...mEditorialPage

Cali Coug · 02-26-2009, 06:18 PM

Quote:

Originally Posted by Tex

Obama's federal deficit is already projected to be deeper--way deeper--than any of the Bush years. Heh.

Well no kidding, Sherlock. I wonder what could possibly be going on in the world to cause that result?

Tex · 02-26-2009, 06:59 PM

Quote:

Originally Posted by Cali Coug

Well no kidding, Sherlock. I wonder what could possibly be going on in the world to cause that result?

Such as $1T in new federal spending ....

Tex · 03-20-2009, 05:56 PM

Quote:

President Barack Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last month.

The Congressional Budget Office figures, obtained by The Associated Press Friday, predict Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019. That's $2.3 trillion worse than the White House predicted in its budget.

Makes Bush look thrifty.

http://news.yahoo.com/s/ap/20090320/...h/obama_budget

ute4ever · 03-20-2009, 06:30 PM

So I took Tex's advice and put him on ignore, and as a result I can see only one post in this thread. Much improved.

Tex · 05-11-2009, 07:35 PM

Revised upward: $1.84 trillion.

Cali Coug · 05-11-2009, 07:52 PM

Quote:

Originally Posted by Tex

Revised upward: $1.84 trillion.

Is this your new version of an Obama tracking poll? Now that the actual polls aren't helping your cause and your other manufactured tracking poll, the Dow, is also trending against your favor?

How does it feel to hope that the economy crashes for political gain?

Tex · 05-11-2009, 08:02 PM

Quote:

Originally Posted by Cali Coug

Is this your new version of an Obama tracking poll? Now that the actual polls aren't helping your cause and your other manufactured tracking poll, the Dow, is also trending against your favor?

Keep repeating that lie. Someone somewhere might actually believe it.

Quote:

Originally Posted by Cali Coug

How does it feel to hope that the economy crashes for political gain?

Oh, I certainly do not hope the economy crashes.

Cali Coug · 05-11-2009, 08:04 PM

Quote:

Originally Posted by Tex

Keep repeating that lie. Someone somewhere might actually believe it.

Are you saying you didn't call the Dow an Obama tracking poll?

Quote:

Oh, I certainly do not hope the economy crashes.

Really? This seems to be your second lie in just this one post.

02-26-2009, 05:39 PM	#1
Tex Senior Member Join Date: Dec 2006 Posts: 8,596	I love this chart on Drudge Obama's federal deficit is already projected to be deeper--way deeper--than any of the Bush years. Heh. __________________ "Have we been commanded not to call a prophet an insular racist? Link?" "And yes, [2010] is a very good year to be a Democrat. Perhaps the best year in decades ..." - Cali Coug "Oh dear, granny, what a long tail our puss has got." - Brigham Young

05-11-2009, 07:35 PM	#7
Tex Senior Member Join Date: Dec 2006 Posts: 8,596	Revised upward: $1.84 trillion. __________________ "Have we been commanded not to call a prophet an insular racist? Link?" "And yes, [2010] is a very good year to be a Democrat. Perhaps the best year in decades ..." - Cali Coug "Oh dear, granny, what a long tail our puss has got." - Brigham Young

03-20-2009, 06:30 PM	#6
ute4ever I must not tell lies Join Date: Aug 2005 Posts: 5,103	So I took Tex's advice and put him on ignore, and as a result I can see only one post in this thread. Much improved.