Rs need to be reminded constantly of why our credit was downgraded by S&P

[Bo-4]

Yep, traitorous Pugs killed the hostage.

Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.

http://www.standardandpoors.com/ser...lobwhere=1243942957443&blobheadervalue3=UTF-8

 

[OldGaffer]

Those tax cuts are history unless RMoney can buy this election.

 

[worldlymrb]

Yep, traitorous Pugs killed the hostage.

Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.

http://www.standardandpoors.com/ser...lobwhere=1243942957443&blobheadervalue3=UTF-8

You mean the same Bush tax cuts Obama voted to extend and said "is the right thing to do during a recession"?

[video=youtube;aEUYlb2eRE0]http://www.youtube.com/watch?v=aEUYlb2eRE0[/video]

 

[gabriel]

sure beats lowering them in good times instead of paying down the debt like your bozo did

 

[worldlymrb]

sure beats lowering them in good times instead of paying down the debt like your bozo did

Dude, your bozo is doing the same thing.

 

[gabriel]

you call these good times??lol

 

[worldlymrb]

you call these good times??lol

What happened to HOPE/CHANGE?

And YES, today is the good times compared to what's coming.

 

[gabriel]

that dont make em good pal. you fall further into debt every day! lol

 

[Drumcollie]

It's a case of mistaken stupidity...... lets say you only make 25,000 a year salarly and have a credit card or two and pay off the credit card every month so that the balance s zero ...your credit score wont go down...but if you are carrying lots of debt and just making minimal payments...The simple example is you and two credit cards... the example that we are working with Bo4 's example has merit...its a politifact half truth...what he is telling you is that Bush raisd the debt without a forseeable incearse in revenue...what he is not telling you is Obama doubled down on that stupidity instead of Bush'd 5 trillion in 8 years it's now obamas additional 5 trillion in 3.5 years or if you. Note the debt has gone up 7 trillion since democrats gained control of the House and Senate in 2007 had democrats vetoed every spending bill and had Obam not extended the tax credits...which just as of twomonths ago Bill Clinton said needed to be extended

Former President Bill Clinton became the first Obama surrogate to stray from the talking points, saying during an interview with CNBC that Congress should extend the tax cuts temporarily

http://www.npr.org/blogs/thetwo-way...rrogates-add-confusion-to-democratic-position

and thats from NPR.... so Bo we give you this as a half truth...anyone who can do basic math knows George Effed up but Obama doubled down

 

[gabriel]

you run deficits during bad times . bush ran them during good times. big difference

 

[LeRoy_Was_Here]

you run deficits during bad times . bush ran them during good times. big difference

John Maynard Keynes: The boom, and not the slump, is the time for austerity.