Quote:
Originally Posted by Seaver
Ryan's proposed balanced budget relies on calculating 7% GDP growth with 2% inflation. Any economist or historian can show how that's never happened in HISTORY, yet you'll be damned to hear a single reporter give that simple fact. If there was any bit of liberal-media truth everyone would know it rote.
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I generally agree that the media will not cover the meat of Ryan's proposal, but will instead emphasis the false notion that the proposal will end medicare and babies will die as a direct result of the proposal if enacted.
I personally see some good things and some problems with Ryan's proposal, I assume many conservatives do as well. I think it is a start.
---------- Post added at 03:24 PM ---------- Previous post was at 03:20 PM ----------
Quote:
Originally Posted by Derwood
It also proposes lowering the highest marginal tax rate to 25%, which would add another trillion dollars to the debt
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Tax dollars actually collected by the government generally do not go down as a result of lowering top tax rates. Often people start to pay taxes that could be legitimately avoided. Does your calculations take that into consideration? The best thing for reducing the debt is for the economy to show strong growth. Taxation restricts economic growth.
---------- Post added at 03:35 PM ---------- Previous post was at 03:24 PM ----------
Quote:
Originally Posted by Willravel
The right went nuts in 2008, pulling out the big guns of crazy, and it pulled Obama like 48 miles right. What does the right do now? They can simply be unabashed corporatists now.
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Why do you think a company like GE gives more money to Democrats than Republicans? Why is the CEO of GE putting so much effort into getting into the good graces of Obama?
Realize there is a real but perhaps subtle difference between people like me and true "corpratists" as you say - I think big Fortune 500 type companies have an unfair advatage against small and medium size business. Government and "corporatists" collude, in my view, to restrict competition. I want an even playing field. A small business does not have the same opportunity to avoid taxes as GE. The tax code is too complicated - lower the rate (or give us a flat rate) and get rid of all the loop-holes that only benefit a select few. That is what I fight for, and I fight against big corporations and big government. I think most Tea Party people are the same.
Obama is more a "corporatist" than I am. Look at his actions with GM, banks, health care insurers. All big winners under Obama. Big losers so far - small businesses.