It is well worth the time to watch this. Thank you Paul Ryan.
7 replies [Last post]
Wed, 2011-07-20 11:39
Paul Ryan: Cut, Cap & Balance the Budget; Grow the Economy; Save this Country
Wed, 2011-07-20 12:37#1
I like Paul Ryan and I like this plan. Unfortunately I don't think it will be the one accepted by the senate and Obama.
Right now there are so many plans that it makes my head spin. Plus a number of backdoor deals going on.
Has anyone noticed how the "gang of six's" plan includes tax revisions. Revisions most likely = tax hikes! I just don't trust them.
Wed, 2011-07-20 12:54#2
cowgal, you are probably
cowgal, you are probably right. We need to wake up and smell the coffee, this problem is not going away. I really like Ryan, hopefully we get more politicans who think like him. I found this quote interesting "Mr. Speaker, we keep hearing about balance. We keep hearing about the need to raise taxes as we cut spending - $3 for $1, or something to that effect. The red line shows Congressional Budget Office projections on spending, the green lines are taxes. Basically what this says is there is no way you can tax your way out of this problem. We asked the Congressional Budget Office, 'if we try to do that – have balance, raise taxes – the tax rates on the next generation would be this: the lowest income tax bracket that lower income people pay which is 10% now, goes to 25%. Middle income tax payers pay a 66% rate. And the top tax rate, which is what all those successful small businesses that create most of our jobs pay would go to 88%.' That is according to the Congressional Budget Office. That is the path we are on right now. This is unsustainable"
Wed, 2011-07-20 13:06#3
Oh I agree with you Hiker.
Oh I agree with you Hiker. What Obama and liberals have done to this country makes me ill. We can't leave a mess like this for our kids and grandkids. Simply raising the taxes is not the solution, government needs to be cut back drastically.
Wed, 2011-07-20 23:28#4
I'm just cynical enough to think that the drama will continue until the last possible moment (i.e. late at night on the 1st). That's what this administration does, and it's why they put off dealing with the issue until just before the deadline. Create a crisis, and exploit it...it's what they do. In the end, they'll reach some sort of 'compromise" that doesn't fix anything, but will be addressed in the press as a solution that averts disaster. But don't count on it reducing the debt or doing anything but kicking the can further down the road.
What irritates me is that the Dems consistently think that the only way to increase revenue is to raise taxes. They just can't seem to comprehend the concept that if you grow the economy, you get far more revenue to the government than you do through taxes. This is how Clinton got a surplus budget in the 90s. It wasn't because they raised taxes...it's because a higher GDP yielded more dollars at existing tax rates. This class warfare garbage just divides the country and hastens our destruction.
Sun, 2011-07-24 20:05#5
My how things
My how things change.....
A quote from a former U.S. Senator:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
-- Senator Barack H. Obama, March 2006
Sun, 2011-07-31 11:27#7
Heres what i don t get, and
Heres what i don t get, and i'm sure I'll get some flack for it. I dont support or dislaike any of the Presidents, and heres why, they are just a figure heads, they cant by themselves create new laws "fix" all the problems. they are just figure heads, Where everyones anger should be directed is at Congress, the are the one who make the laws and policies, the presidents just sign the bills as they cross his desk, The last too adminastrations have royaly screwed this country, both republicans and the Dems are to blame, But most of the blame needs to fall with the Senate and House, and when we vote thats where people need to pay attention and not so much the BS promises the presidental canadate is spewing. We dont have a dictatorship therefore the presdident doesnt matter nearly as much as Congress.