-I suggest you go back and see the Press Conferences POTUS and VPOTUS had back in early of '09
Link me then. Please provide YouTube videos where they said these things would definitely happen within 2 years.
-Obviously you can't compare US to other countries
Exactly.
-Liberals do believe the government is a business as why they continue to borrow and borrow
That doesn't make any sense, and seems like a way to criticize "liberals".
By the way, why do people like you always criticize "liberals", instead of Democrats? People like me criticize Republicans, but it's always "liberals" to you people. Why is that?
-Programs are individual budgets and they must be managed and not thinking the answer is contantly going up on the rich's taxes cause thats how EU has gotten into their deficit mess
How would you cap Social Security and Medicare, which are easily the two largest social programs causing our debt? How do you cap military spending during times of war?
I'm sorry, your idea is unrealistic in practice. There are many programs who receive a budget and have to stay within that budget. But you cannot make that mandatory across the board.
-You do realize you are losing money if you buy to bring in products over the idea of making product and sellinf to international markets based off of needs
Who is losing money though?
Our economy has evolved into different areas. Jobs like manufacturing, while jobs we certainly need more of, are occupations which are, many times, relatively low education level jobs. The technological revolution of the last 20 or 30 years has created whole other markets, which don't necessarily lead to physical objects, but are nonetheless important to the US economy.
It's not quite as simple as you've put it.
-Also anyone that thinks the solotion to the deficit problem is raising taxes on the wealthy all of the time then CA would be the most prosperous State in the union
Anyone who thinks the solution to the deficit problem DOESN'T include raising taxes is ignorant to our country's history.
Raising taxes is certainly not the only way to reduce deficit. But it has to be part of the plan. At the end of the day, our expenditures are extremely taxed due to the so-called Baby Boomers retiring. This was something which was foreseen decades ago, but our government never bothered to plan for it ahead of time. If you would remove half of the Baby Boomers, our defecits would decrease dramatically. Obviously, you cannot do that, but it is important to understand where the largest part of our problem lies.
-I do believe anyone making over 1 mill but less than 4 mill should have a tax rate of 33%
-Also anyone making over 4 mill should pay between 38-40% tax rate
I'd argue it should be much higher.
Let's say you make 5 million dollars. For the sake of easy numbers, let's say I tax you 50%. Are you really telling me you wouldn't try to make $5 million a year ($2.5 million after taxes) because of the tax rate? That you would trade in your $5 million income for a $40,000 income, just to receive a better tax rate?
That's silly, of course you would still strive to make the most money you can. The idea that tax rates are a deterrent to success is simply a lie. And when you figure in the fact that (I believe this is what I read) 80% of tax breaks are taken advantage of by only the top 20% of earners, then it's even more silly to say the so-called wealthy cannot sacrifice more.
-There are many reasons why manufacturing jobs have left and one of the biggest factors are big unions having such a power grab in some instances as much as 90% of that company's profit going towards payroll expenses reflecting toward the union
Yes, those damn unions for wanting to make sure the workers, the ones responsible for the success of the company, aren't paid poverty wages. Those damn unions.
-If people were to take a look at those jobs being shipped overseas in most of those countries the wages from US firms are as much as four times the amount than local companies
Not sure I understand what you were trying to say here.
-What should be done are tax loopholes or tax credits going away for companies that ship jobs overseas
Agreed 100%. There was a bill called the Bring Jobs Home Act last summer which would have worked to do just that, as well as potentially create hundreds of thousands of American jobs.
The Republicans, of course, shot it down.
