Comments on: Obama's Stimuli

By: magecat1

magecat1 — Thu, 08 Jan 2009 23:06:05 +0000

Okay, guys and gals, you need to remember the government is run on percentages. Taxes are computed and added to the price of, say gas, with a percentage.

Now, Mr. X has lost his high-paying job. He loses his house. He is on unemployment.

Well, Mr. X is now taking money out of the system and not paying into the system.

Mr. X takes a lower paying job.

He is not taking money out of the system in the form of unemployment benefits, but paying into the system. He will be paying state and federal taxes.

This is why we need the stimulus package. New jobs and less money being paid out by the state and federal governments.

By: alenka87

alenka87 — Thu, 08 Jan 2009 22:10:53 +0000

$775 billion: Expected cost of the economic stimulus plan.
$1.2 trillion: Projected federal deficit for 2009.
$30 billion: Annual shortfall to end world hunger.

Political priorities by the numbers. Read more about it on the Borgen Project website (borgenproject.org)

By: Andy from MA

Andy from MA — Thu, 08 Jan 2009 19:46:06 +0000

If he's getting paid for posting pointless drivel, he must work for Rick Stengel.

By: sgwhiteinfla

sgwhiteinfla — Thu, 08 Jan 2009 19:45:14 +0000

Cliff
.
Its textee is like one of those boxers that Ali used to prop up for extra rounds even after he had beaten them silly. I can imagine textee waking up in a cold sweat every morning after having a dream with Obama asking him/her over and over "Whats my name?"

By: Cliff

Cliff — Thu, 08 Jan 2009 19:43:33 +0000

Is it just me, or is textee's posting kinda joyless here? Like he's just doing it to pay the bills or something?

By: sgwhiteinfla

sgwhiteinfla — Thu, 08 Jan 2009 19:26:49 +0000

textee
.
I have a race card, Im covered. But thanks lol

By: textee

textee — Thu, 08 Jan 2009 19:15:53 +0000

sgwiteinfla:

That is funny. Please be careful, though. That "Yo Mama" crack might get you accused of being "racist".

By: sgwhiteinfla

sgwhiteinfla — Thu, 08 Jan 2009 19:09:34 +0000

textee
.
Im going old school
.
"Yo Mama"
.
lol

By: phi1ippe

phi1ippe — Thu, 08 Jan 2009 19:08:08 +0000

Andy, thanks for the link, I guess the part I'm really arguing is that we are propping up companies that should go bankrupt for the sake of increasing consumer confidence. Now i don't believe that a solution is to bunker down and hide the money under the countries mattress, I sort of feel that we are trying to avoid the consequences of the recession which at this point will hit us either way instead of trying to cushion the fall. I don't actually agree that much for the small business tax cuts that are 40% of this proposals, like i said before I think the health care reform and education and infrastructure spending is well spent and should be increased. I guess i will have to wait and see how wisely President-elect Obama " we'll invest in what work" policy actually functions. I guess I don't have much hope that the government will actually be able to make financially sound decisions when investors are currently unable to, instead of funding whatever is in their district and lines their pockets.

By: textee

textee — Thu, 08 Jan 2009 19:03:16 +0000

Yesterday, Time magazine saluted the clueless socialist John Kenneth Galbraith. Today, Time magazine salutes the clueless socialist Barack Hussein Obama. Which clueless socialist will Time magazine hail tomorrow?