Republicans never acknowledged why there is bugdet deficit so they look at the wrong place
http://feedproxy.google.com/~r/NewshourHeadlines/~3/LvpJldDn_AE/entitlements_12-06.html
Medicare and Social Security are not entitlements but earned benefits.
Thursday, December 6, 2012
Thursday, November 29, 2012
Tuesday, November 13, 2012
Bush Still Gets More Blame for Economy Than Obama
I think it is actually positive. American public may not believe in evolution but they sure remember who brought on them the great recession.
http://www.gallup.com/poll/127472/bush-gets-more-blame-economy-obama.aspx
http://www.gallup.com/poll/155177/americans-blame-bush-obama-bad-economy.aspx
http://www.gallup.com/poll/127472/bush-gets-more-blame-economy-obama.aspx
http://www.gallup.com/poll/155177/americans-blame-bush-obama-bad-economy.aspx
Monday, November 12, 2012
Fwd: Frum: GOPers 'have been fleeced'
via POLITICO - TOP Stories by <a href="http://www.politico.com/reporters/DylanByers.html" rel="nofollow">DYLAN BYERS</a> on 11/9/12
The columnist argues that Republicans have been lied to by a "conservative entertainment complex."
Sunday, November 11, 2012
Does cutting taxes increase growth? No clear evidence ....
Congressional Research Service: Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945 (pdf)
Figure 1. Average Tax Rates for the Highest-Income Taxpayers, 1945-2009
Figure 2. Top Marginal Tax Rate and Top Capital Gains Tax Rate, 1945-2010
Figure 4. Labor Productivity Growth Rates and the Top Tax Rates, 1945-2010
Figure 5. Real Per Capita GDP Growth Rate and the Top Tax Rates, 1945-2010.
=============
From www.maddowblog.com:
http://maddowblog.msnbc.com/_news/2012/11/02/14889448-the-report-mitch-mcconnell-doesnt-want-you-to-see?lite
From Rachel Maddow - don't like results of report, kill it!
CBO: http://maddowblog.msnbc.com/_news/2012/11/09/15053167-cbo-higher-taxes-on-rich-wont-harm-economy?lite
Figure 1. Average Tax Rates for the Highest-Income Taxpayers, 1945-2009
Figure 2. Top Marginal Tax Rate and Top Capital Gains Tax Rate, 1945-2010
Figure 4. Labor Productivity Growth Rates and the Top Tax Rates, 1945-2010
Figure 5. Real Per Capita GDP Growth Rate and the Top Tax Rates, 1945-2010.
=============
From www.maddowblog.com:
http://maddowblog.msnbc.com/_news/2012/11/02/14889448-the-report-mitch-mcconnell-doesnt-want-you-to-see?lite
From Rachel Maddow - don't like results of report, kill it!
CBO: http://maddowblog.msnbc.com/_news/2012/11/09/15053167-cbo-higher-taxes-on-rich-wont-harm-economy?lite
CBO: higher taxes on rich won't harm economy
-
Fri Nov 9, 2012 1:28 PM EST
Just yesterday, as talks over taxes and spending grew a little louder in Washington, House Speaker John Boehner (R-Ohio) cited an "independent" report that found tax increases on the wealthy would "cost our economy more than 700,000 jobs."
The argument, not surprisingly, was debunked months ago. But the rhetoric raises a worthwhile question: what would happen if a bipartisan agreement fails to materialize, and tax increases automatically kick in on Jan. 1?
Yesterday, the non-partisan Congressional Budget Office reported the looming tax hikes and spending cuts would undermine the economy in 2013, but the "least harmful component of the coming fiscal consolidation is precisely what Democrats are demanding: the expiration of the Bush tax cuts for high earners."
Maybe Republicans will try to suppress this, too?
The argument, not surprisingly, was debunked months ago. But the rhetoric raises a worthwhile question: what would happen if a bipartisan agreement fails to materialize, and tax increases automatically kick in on Jan. 1?
Yesterday, the non-partisan Congressional Budget Office reported the looming tax hikes and spending cuts would undermine the economy in 2013, but the "least harmful component of the coming fiscal consolidation is precisely what Democrats are demanding: the expiration of the Bush tax cuts for high earners."
CBO doesn't examine the top bracket Bush tax cuts directly. But it does look at two competing scenarios: One where all of the expiring tax cuts except for the payroll tax cut are extended; another where all of the expiring tax cuts except for the payroll tax cut and the Bush tax cuts for top earners are extended.So, according to the CBO, the Democratic priorities do more to help the economy, and the Republican priorities do less. The 700,000 figure cited by the House Speaker has no basis in reality at all.
The former, CBO says, would increase employment by 1.8 million full time equivalent employees in 2013 relative to allowing everything to lapse. The latter would increase employment by 1.6 million. The difference, 200,000 full time equivalent jobs, is attributable to the expiration of the top bracket Bush tax cuts alone.
By comparison, other layers of the fiscal cliff save less money and have far greater economic consequences. Failing to extend the expiring payroll tax cut and expiring emergency unemployment benefits through 2014 would cost the economy about 800,000 jobs, according to CBO. The two halves of the sequester -- the defense cuts and the domestic cuts -- would each cost the economy about 400,000 full time equivalent jobs.
Maybe Republicans will try to suppress this, too?
Friday, November 9, 2012
Some voters just just can't get over the truth ....
Well, I am afraid you cry by yourself, or with other BMN (Bullshit Mountain Nation) citizens. The America that you refer to no longer exist, or maybe it never existed.
- "Democrat party voted God out" ... I want to remind you about separation of religion and state. Political party by definition should be non-religious. It does not mean that members cannot be religious, but they practice religion in their private lives and not in public sphere.
- "In the Good vs. Evil battle...today...Evil won." Fair enough. Then I guess it was probably better for republicans to pray than vote. After all you cannot vote Evil out of existence, it will still be there, even after elections.
- "Thanks a lot Christians, for not showing up. You disgust me." If it is makes democrats even for abandoning God, I guess by the same criteria you must call your self evil by abandoning fellow Christians. You see, they showed up in great numbers, but there is not enough of them anymore.
http://www.huffingtonpost.com/2012/11/07/victoria-jackson-obama-election-crying-america-died_n_2088257.html?utm_hp_ref=mostpopular#slide=1193063
Victoria Jackson hasn't exactly been a beacon of rational
political analysis, but her post-election meltdown on Twitter may take
the cake. After Barack Obama was declared the winner, the former "SNL"
castmember proclaimed that America had "died."
For context, Jackson is the actress who proclaimed that she would have a baby if impregnated through rape, uncovered a "secret, underground group" of Hollywood Republicans and said gay marriage would "make God mad."
But we digress. Here's Jackson (via an unverified Twitter account) on the outcome of the 2012 presidential election:
@vicjackshow
Victoria Jackson
@vicjackshow
Victoria Jackson
And, to cap things off:
@vicjackshow
Victoria Jackson
UPDATE: There you have it.
@vicjackshow
Victoria Jackson
- "Democrat party voted God out" ... I want to remind you about separation of religion and state. Political party by definition should be non-religious. It does not mean that members cannot be religious, but they practice religion in their private lives and not in public sphere.
- "In the Good vs. Evil battle...today...Evil won." Fair enough. Then I guess it was probably better for republicans to pray than vote. After all you cannot vote Evil out of existence, it will still be there, even after elections.
- "Thanks a lot Christians, for not showing up. You disgust me." If it is makes democrats even for abandoning God, I guess by the same criteria you must call your self evil by abandoning fellow Christians. You see, they showed up in great numbers, but there is not enough of them anymore.
http://www.huffingtonpost.com/2012/11/07/victoria-jackson-obama-election-crying-america-died_n_2088257.html?utm_hp_ref=mostpopular#slide=1193063
Victoria Jackson On Obama's Win: 'I Can't Stop Crying, America Died'
Posted: 11/07/2012 11:10 am EST Updated: 11/08/2012 5:14 pm EST
For context, Jackson is the actress who proclaimed that she would have a baby if impregnated through rape, uncovered a "secret, underground group" of Hollywood Republicans and said gay marriage would "make God mad."
But we digress. Here's Jackson (via an unverified Twitter account) on the outcome of the 2012 presidential election:
@vicjackshow
Victoria Jackson
The Democrat party who voted God out of their platform and adopted Romans 1 as their platform won. In the Good... http://t.co/ipm6BdRi
@vicjackshow
Victoria Jackson
The Democrat Party voted God out and replaced Him with Romans 1. In the Good vs. Evil battle...today...Evil won.
And, to cap things off:
@vicjackshow
Victoria Jackson
Thanks a lot Christians, for not showing up. You disgust me.
@vicjackshow
Victoria Jackson
Victoria Jackson On Obama's Win: 'I Can't Stop Crying, America Died' http://t.co/JKtAiztn via @HuffPostEnt - "accurately reported" VJ
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