Quote from NeoRio1:
Provide one example how debt right now is worse than inceased taxes.
how many times in history have we raised taxes? Go look it up.
done?
Ok now, did that raising of taxes have a huge adverse affect on our economy? Hmm what was the economy like under Clinton?
Now how many times in our history have we increased debt at the same reckless velocity as we have in the last 8 years?
Go look it up.
Done? Yes thats right, NEVER. And look at where we are.
I understand your view of paying the debt but you don't understand my view that it is much easier and smarter to pay the debt when there is a good economy.
Yes paying debt is better when their is a good economy. I agree. Everyone agrees. What we are saying is that their WONT BE a good economy until the debt is paid down/off. The family in my example would love to pay their debt when they are better off, but until the debts starts getting reduced they wont be better off!
Do you expect a family to have a good economy under tremendous debt?
Would you like to invest in a company that h as more debt than it can handle? Do you think that company will be fine?
Do you personally have 10 credit cards all maxed out? Do you think thats responsible?
Now, is your opinion for some reason different on the economy?
Quote from NeoRio1:
First of all high taxes under Clinton was acceptable because of the tech boom.
Secondly do you seriously and stupidly believe the reason the economy is in the shitter is because we are in debt? LOL
The spending in Iraq and government spending overall has no negative impacts on wall street or main street. Taxes on the other hand do.
What do you guys think im doing advocating the increasing of wealth to only the few? LOL again. You need to stop with your conspiracy theories.
You, Iceman and Oktiri are not persuasive at all when it comes to figuring out the fiscal issues of the economy.
Jonbig i really cannot believe your serious when you say debt is the reason the economy sucks. Amazing.
Quote from NeoRio1:First of all high taxes under Clinton was acceptable because of the tech boom.
Quote from NeoRio1:Taxes hurt the economy which mean the recession and debt will last longer
Quote from NeoRio1:Secondly do you seriously and stupidly believe the reason the economy is in the shitter is because we are in debt? LOL
Quote from NeoRio1:The spending in Iraq and government spending overall has no negative impacts on wall street or main street.Taxes don't
Quote from NeoRio1:The spending in Iraq and government spending overall has no negative impacts on wall street or main street.Taxes do
Quote from NeoRio1:Debt hurts the economy but not nearly as bad as increasing taxes on an already ailing economy
Quote from NeoRio1:You, Iceman and Oktiri are not persuasive at all when it comes to figuring out the fiscal issues of the economy.