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Fundamental Differences

It looks as if we may be headed for another recession. Both sides are at impasse, no progress is being made to speak of. The reasons for this are very apparent, there are fundamental differences of opinion that will impact ultimately every American.
Obama believes that by raising taxes on the wealthy, more government spending and asking for an unlimited credit card this will solve the issue.
The GOP believes tax hikes and increased spending are not the answer, cuts in spending, tax reform and a balanced budget is the real solution.
If we go off the fiscal cliff there will be a very negative impact on our economy, millions will loose their jobs, taxes will go up significantly, and we will return to a recession. Recovery from this event will become very nearly impossible as the stock market will in all likelihood crash.
Billions of dollars will be lost, investment in this nation will likely cease.
Obama will blame the GOP and the GOP will blame Obama. If this occurs one thing is for certain, it will forever poison Obama's second and final term. As American's begin to suffer because of this event it will become far less of an issue of blame and more of an issue of real survival. The GOP will likely retaliate by blocking just about everything and anything the left attempts. This will just make the problems worse. The ability and willingness to compromise will be lost. Resentment, anger, and frustration will rule the day.
It is vital for both sides to sit down and realize neither side is going to get everything they want. They both need to compromise and come to an agreement that is best for America, not their own political agendas. Playing politics with a situation as serious as this is, makes no sense. Nobody wins, if everyone looses.
 
Sorry those numbers do not fit your agenda.

Treasury Secretary Tim Geithner said he can't promise that the United States won't go over the fiscal cliff, during an appearance on "Fox News Sunday."

"No, I can't promise that," Geithner said. "That's a decision that lies in the hands of the Republicans that are now opposing increases in tax rates."

Geithner argued that the only reason the country would go over the cliff was if Republicans refused to allow tax rates for the top two percent to go up. Once they accept that, he said, there is a basis for a deal.

On going over the cliff, Geithner said it would be "very damaging to the average American

Wingers are going to fade the heat for their obstructionist policies that take us over the cliff. Your ideology is going to be more and more marginalized and more and more irrelevant. Expect to lose even more Senate and House seats in 2014.
 
You will get to enjoy more election nights like this one, rofl

[video=youtube;0iFA7mMX0MY]http://www.youtube.com/watch?v=0iFA7mMX0MY&feature=my_liked_videos&list=LLUzlIGKqlcqoNUVc3g6ZsHA[/video]
 
Do you know why going over the fiscal cliff will have a negative impact on the economy? It will be because of massive cuts in government spending and increased taxes on middle income consumers. Now if you are concerned about the immediate deficit that will be lowered right away but it will cause a recession. So what is it you want right now, a balanced budget or a growing economy?
 
Do you know why going over the fiscal cliff will have a negative impact on the economy? It will be because of massive cuts in government spending and increased taxes on middle income consumers. Now if you are concerned about the immediate deficit that will be lowered right away but it will cause a recession. So what is it you want right now, a balanced budget or a growing economy?

To be completely honest I would like to see President Obama demonstrate some leadership, reach a compromise agreement that is good for all Americans. Neither side will or should expect all they are asking for. Someone needs to remind the President that he is not the President of the far far left wing progressive socialists he is the President of the United States. He needs to put his personal political agendas aside and sit down with both sides reach a compromise and avoid this disaster that as you point out will hurt all of us. I do not truly believe either side wants that type of an outcome, but both sides need to realize that compromise is necessary. President Obama is playing a very dangerous game and he is using politics not leadership to guide his demands and decisions.
 
To be completely honest I would like to see President Obama demonstrate some leadership, reach a compromise agreement that is good for all Americans. Neither side will or should expect all they are asking for. Someone needs to remind the President that he is not the President of the far far left wing progressive socialists he is the President of the United States. He needs to put his personal political agendas aside and sit down with both sides reach a compromise and avoid this disaster that as you point out will hurt all of us. I do not truly believe either side wants that type of an outcome, but both sides need to realize that compromise is necessary. President Obama is playing a very dangerous game and he is using politics not leadership to guide his demands and decisions.

You put all the blame on Obama? Nothing on Republicans who have dug in their heels in protecting millionaires and billionaires from paying anymore or pentagon spending more? Instead Obama should cut into SS, Medicare, Medicaid deeply hurting seniors, poor, young, disabled?
 
You put all the blame on Obama? Nothing on Republicans who have dug in their heels in protecting millionaires and billionaires from paying anymore or pentagon spending more? Instead Obama should cut into SS, Medicare, Medicaid deeply hurting seniors, poor, young, disabled?

I never did any such thing, I said clearly and discretely that both sides need to compromise. All of us, rich, poor, educated or not are going to have to come to the realization that we will all need to make concessions we will all need to realize we have to work together. It has nothing to do with putting the burden on one group or another it is not about class warfare it is about coming to an equitable agreement and what is best for us all.
 
Right... Every silver cloud has a dark lining.

Doom & Gloom is everywhere you look, isn't it? ;)


I am not looking for doom and gloom. I am looking for some leadership from a President who apparently has none. His agenda is strictly political in nature, his agenda has nothing to do with compromise and everything to do with what he wants to promote his idea of social justice, what ever that means. His agenda is not about the welfare of all Americans but only what his personal wishes and motives are. I find this most disappointing in a so called leader.
 
No it won't poison Obama's 2nd term. It will lose the GOP political viability for a generation.
 
I am not looking for doom and gloom. I am looking for some leadership from a President who apparently has none.
Bullsh!t. You want Obama to kowtow to the politcal minority. And if he does not, you are happy to allow them to run the country into a recession.

BTW, why would the fiscal cliff "cause a recession" if in fact GOP policies of cutting spending ACTUALLY WORKED as advertised?
 
I never did any such thing, I said clearly and discretely that both sides need to compromise.
You also claim that Obama is "not showing leadership" by standing on the principles that won him a national election an election that LOST SEATS IN BOTH HOUSES OF CONGRESS FOR THE GOP.

BTW, if policies of cutting spending work as advertised, why do you believe the "fiscal cliff" will cause a recession?
 
You also claim that Obama is "not showing leadership" by standing on the principles that won him a national election an election that LOST SEATS IN BOTH HOUSES OF CONGRESS FOR THE GOP.

BTW, if policies of cutting spending work as advertised, why do you believe the "fiscal cliff" will cause a recession?

Obama's plan includes more spending than revenue increases. Obama's plan never addresses the debt nor a balanced budget. Obama's plan is exactly what it was called a complete joke.
 
Degs, are you a complete idiot or just real stupid.
Hmm what was it that Socrates said about people who resort to name calling?

Obama's plan includes more spending than revenue increases. Obama's plan never addresses the debt nor a balanced budget.
Yes and?

Under WHAT ECONOMIC THEORY does it make sense to balance a budget in the midst of a recovery, much less after the worst fiscal crash in human history?

Under WHAT ECONOMIC THEORY do we have to "address the debt" now? Particularly since we have previously easily recovered from a much deeper debt/gdp ratio in a mere 6 years?

Obama's plan is exactly what it was called a complete joke. If you are not smart enough to already know why it will cause a recession then I do not have time to explain it all to you, look it up.
More name calling.

Yes I looked up what caused the recession:

  • Banking deregulation
  • SEC deregulation
  • Tax cuts for the upper quintile earners resulting in speculative investing.
  • A failure by Ronald "Government is the Problem not the Solution" Reagan to invest in the nation's future.

Yes and?
 
Hmm what was it that Socrates said about people who resort to name calling?


Yes and?

Under WHAT ECONOMIC THEORY does it make sense to balance a budget in the midst of a recovery, much less after the worst fiscal crash in human history?

Under WHAT ECONOMIC THEORY do we have to "address the debt" now? Particularly since we have previously easily recovered from a much deeper debt/gdp ratio in a mere 6 years?


More name calling.

Yes I looked up what caused the recession:

  • Banking deregulation
  • SEC deregulation
  • Tax cuts for the upper quintile earners resulting in speculative investing.
  • A failure by Ronald "Government is the Problem not the Solution" Reagan to invest in the nation's future.

Yes and?

Degs, here is a hot tip for you, we are not interested in economic theory, we are interested in reality, we care less about causes we want solutions, got it.
 
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