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02-24-2012, 11:05 AM
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#1
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Republican mountain of debt
sorry no pretty little pictures and cool cartoons for the simpletons
I digress ...
The portion of the nation's total $15.3 trillion debt held by the public, now about 70% of the economy, would rise to 85% in 2021 under the group's pessimistic baseline. Romney would boost that to 96% of the economy because of an expensive tax-cut plan he unveiled Wednesday. Gingrich and Santorum would raise the public debt well above 100%.
In Gingrich's case, the main drivers of the debt would be his plans to create an alternative flat tax of 15%, eliminate all capital gains taxes, drop the corporate tax rate from 35% to 12.5% and establish private accounts for Social Security. His plan would add another $7 trillion to the debt over the course of his potential two terms, the analysis found.
Santorum would greatly reduce individual and corporate income taxes. He promises to cut spending by $5 trillion over five years, but he doesn't say how he would do it.
Romney, whose plan was found the most credible because he offsets many of his tax cuts, would reduce individual tax rates by 20% and eliminate the alternative minimum tax.
"All of these candidates fail," said Alice Rivlin, former director of the White House budget office and the Congressional Budget Office. "They all reduce the revenue available to the U.S. government over time."
Little doubt why their so content to focus on birth control.
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02-24-2012, 11:08 AM
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#2
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Valued Poster
Join Date: Feb 2, 2010
Location: San Antonio
Posts: 1,365
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unlike the mountain of debt the democrats have created?
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02-24-2012, 11:09 AM
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#3
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by satexasguy
unlike the mountain of debt the democrats have created?
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cant read eh?
you must be related to IB
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02-24-2012, 11:19 AM
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#4
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Valued Poster
Join Date: Apr 4, 2009
Location: North Texas
Posts: 2,011
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Can't read, eh? LMAO!
CJ7, it IS amazing!
Both the number of illiterates we have here. AND then when the numbers are crunched on the each candidate's proposed budget and taxes, Obama comes in as the candidate who would add the least to the debt BY MILES!
I think the Teapublicans are just used to looking at pictures and not really reading.
It is easy to do when looking at showcases but it seems odd when reading a non-sexual post about documented debt projections based on each candidate's budget and tax proposals.
"Related to I.B." LMAO!
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02-24-2012, 11:20 AM
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#5
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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poor IB
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02-24-2012, 01:00 PM
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#6
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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Source and link please.
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02-24-2012, 01:18 PM
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#7
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by Whirlaway
Source and link please.
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spoken like a true liberal who wants everyone to do everything for him
google republican candidates raise debt, there you will find thousands of links .. national news unless youve been under a rock
btw, the group that did the study was headed up by the founder of the CBO, and we all know how much you respect the CBO
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02-24-2012, 01:36 PM
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#8
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Valued Poster
Join Date: Apr 4, 2009
Location: North Texas
Posts: 2,011
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Whirlaway's real life job is acting. He plays the part of that guy in the Geico commercial who comes out from under the rock and reads the billboard. Too much restricted content Fox "News" watching, Whirly!
Too bad the Koch Brothers can't use the Heritage people or one of their many Super PACs to take the place of the CBO.
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02-24-2012, 01:46 PM
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#9
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by Little Stevie
LMAO!
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It's curious that after three years, you can still be proud of your "Liberal-Moronic-Asshole-Obamanite" moniker.
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02-24-2012, 01:49 PM
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#10
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by CJ7
poor IB
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You are almost there! Just nine fewer keystrokes and you'll have it right! You can do it: even though you are a liberal moron!
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02-24-2012, 01:55 PM
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#11
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Valued Poster
Join Date: Feb 9, 2010
Location: Here
Posts: 14,191
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Quote:
Originally Posted by Little Stevie
Whirlaway's real life job is acting. He plays the part of that guy in the Geico commercial who comes out from under the rock and reads the billboard. Too much restricted content Fox "News" watching, Whirly!
Too bad the Koch Brothers can't use the Heritage people or one of their many Super PACs to take the place of the CBO.
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I looked for an article from Feaux News on the subject ... guess what?
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02-24-2012, 02:05 PM
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#12
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by Whirlaway
Source and link please.
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CJ7 cite? Now that's laughable. He has yet to master the 'quote button' in this forum; one has to wonder if he has been toilet trained yet. After all, he is Kool Aid drinking Obamanite, and he doesn't have the cognitive skills to learn or cope. So far, his meager attempts to cite have bit him in the ass, so he is obviously afraid to try again.
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02-24-2012, 02:10 PM
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#13
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by CJ7
I looked for an article from Feaux News on the subject ... guess what?
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There's your problem - there is no "Feaux News"! You really shouldn't post; your lack of intelligence is really showing.
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02-24-2012, 04:17 PM
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#14
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Neither Democrats nor Republicans can be trusted with the national debt. Both sides will increase it. We must get away from electing only "electable" candidates. Both sides spell disaster. The choice of either Obama or Romrichantorum is like choosing between a guillotine and a firing squad. The end result is the same.
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