Obama - What is your opinion so far on his Presidency

DaSleeper

Trolling Hypocrites
May 27, 2007
33,676
1,666
113
Northern Ontario,
Even Jon Stewart got into it last night... with the Obama Jokes....but when Jon Stewart does it...it's roasting ...when a right winger does it, he's a racist or at the very least a bigot:roll:
 

Avro

Time Out
Feb 12, 2007
7,815
65
48
55
Oshawa
Even Jon Stewart got into it last night... with the Obama Jokes....but when Jon Stewart does it...it's roasting ...when a right winger does it, he's a racist or at the very least a bigot:roll:

Right wingers don't make jokes, they are to busy being angry or afraid of something.:lol:
 

EagleSmack

Hall of Fame Member
Feb 16, 2005
44,168
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USA
In the end, it's more damaging to Obama that this individual writes that kind of drivel... To be honest, I thought that the article was a joke at first. It just happened that it never ended.

So true and yet the fans of this administration still try ramming the same drivel every time the Prez is under fire. The race card simply does not work any longer and only alienates them further. When people were falesly accused of being racist they used to be shocked. Now they just laugh.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
So true and yet the fans of this administration still try ramming the same drivel every time the Prez is under fire. The race card simply does not work any longer and only alienates them further. When people were falsely accused of being racist they used to be shocked. Now they just laugh.

You hit the nail on the head in terms of the race card... In retrospect, the author of that article really bent over backwards to deflect the focus from Obama's (actual) effectiveness to one of condemning any criticisms as being race based.

RE: When people were falsely accused of being racist they used to be shocked. Now they just laugh.

I appears that the old fable of The Boy Who Cried Wolf actually has a contemporary application.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
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He's letting the Republicans off the hook. The Bush tax cuts for the top earners cost $1.3 trillion, from 2000-2008. In that same period, US foreign capital investment went from $1.3 trillion to $3.2 trillion.

The wealthy were investing more money over that same period in foreign jobs. The argument that the GOP uses right now is that tax cuts for the rich lead to more jobs, which is simplistic and wrong. The jobs have been bled while those tax cuts were in place...more money has left the country...

And Obama is now offering to keep those tax cuts as well as cut more taxes to the middle class. I don't think he's really serious about cutting the budget deficit. If he was, he would reduce taxes on the 98% of Americans who have no savings, and who are counted on to make the purchases which drive the economy. Clearly the tax cuts for the rich didn't do anything. The rates were twice as high during Reagan's tenure, and the economy grew faster than it did during the booming nineties.
 

Goober

Hall of Fame Member
Jan 23, 2009
24,691
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Moving
He's letting the Republicans off the hook. The Bush tax cuts for the top earners cost $1.3 trillion, from 2000-2008. In that same period, US foreign capital investment went from $1.3 trillion to $3.2 trillion.

The wealthy were investing more money over that same period in foreign jobs. The argument that the GOP uses right now is that tax cuts for the rich lead to more jobs, which is simplistic and wrong. The jobs have been bled while those tax cuts were in place...more money has left the country...

And Obama is now offering to keep those tax cuts as well as cut more taxes to the middle class. I don't think he's really serious about cutting the budget deficit. If he was, he would reduce taxes on the 98% of Americans who have no savings, and who are counted on to make the purchases which drive the economy. Clearly the tax cuts for the rich didn't do anything. The rates were twice as high during Reagan's tenure, and the economy grew faster than it did during the booming nineties.


With Mid Term elections coming up he cannot do that politically - After he can and then blame the Repubs controlled House for impeding tax cuts and jobs as the money would come from high income earners.

Just because they gain the House and or Senate does not equate to the hard fiscal decisions that have to be made.
 

ironsides

Executive Branch Member
Feb 13, 2009
8,583
60
48
United States
He's letting the Republicans off the hook. The Bush tax cuts for the top earners cost $1.3 trillion, from 2000-2008. In that same period, US foreign capital investment went from $1.3 trillion to $3.2 trillion.

The wealthy were investing more money over that same period in foreign jobs. The argument that the GOP uses right now is that tax cuts for the rich lead to more jobs, which is simplistic and wrong. The jobs have been bled while those tax cuts were in place...more money has left the country...

And Obama is now offering to keep those tax cuts as well as cut more taxes to the middle class. I don't think he's really serious about cutting the budget deficit. If he was, he would reduce taxes on the 98% of Americans who have no savings, and who are counted on to make the purchases which drive the economy. Clearly the tax cuts for the rich didn't do anything. The rates were twice as high during Reagan's tenure, and the economy grew faster than it did during the booming nineties.

Why remove taxes on those with no savings, some just spend to much. I have a friend who spends almost 100% of what he makes on big boy toys (expensive cars etc) President Obama is not letting anyone off the hook, hope you don't think that it is only Republicans who are rich, Democrats have their share also. No political party seriously believes in the Robin Hood concept (steal from the rich and give to the poor). The only thing that will get us all thru this economic crisis is encourage private industry in the U.S. and Canada for that matter to create jobs within the country and discourage those who outsource (nice word) with high tax rates.
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
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Why remove taxes on those with no savings, some just spend to much.


Because not everyone who doesn't save are neglecting saving money because they purchase toys. Many have no disposable income to spare...

President Obama is not letting anyone off the hook, hope you don't think that it is only Republicans who are rich, Democrats have their share also.

He's letting them off the hook by putting two bills forward. He should end the Bush tax cuts, and cut taxes on the middle class. He's letting them off the hook by not forcing the issue with one bill.

No political party seriously believes in the Robin Hood concept (steal from the rich and give to the poor).

Then what do you call progressive taxation?

The only thing that will get us all thru this economic crisis is encourage private industry in the U.S. and Canada for that matter to create jobs within the country and discourage those who outsource (nice word) with high tax rates.

Addressing the growing income gap will get you through. The middle class was created during an era with low income gaps.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister


Thanks for the spreadsheet. Very interesting.

He's letting the Republicans off the hook. The Bush tax cuts for the top earners cost $1.3 trillion, from 2000-2008. In that same period, US foreign capital investment went from $1.3 trillion to $3.2 trillion. The wealthy were investing more money over that same period in foreign jobs. The argument that the GOP uses right now is that tax cuts for the rich lead to more jobs, which is simplistic and wrong. The jobs have been bled while those tax cuts were in place...more money has left the country...

Any critique must be considered solely in the environment and time frame that is being analyzed... American money was being invested into areas where they believed they could make the best return.

Generally speaking, when times are good, there is an increased demand for consumer goods. Those goods are more labour and materials intensive (as opposed to services). Investment companies will seek to take advantage of relative economies where labour/materials are cheaper and export the goods back to the markets.

Further, while the FDI delivered (many) advantages to those communities in which they were located, all of the profits were repatriated back to the US and were taxed.


And Obama is now offering to keep those tax cuts as well as cut more taxes to the middle class. I don't think he's really serious about cutting the budget deficit. If he was, he would reduce taxes on the 98% of Americans who have no savings, and who are counted on to make the purchases which drive the economy.

The first step in developing an economy is to build the business base that will provide the goods/services to be purchased. Increasing taxes on those groups do the investing in domestic business' will likely result in more cash fleeing the country and fewer investment dollars being contributed into the system. That money would be (in part) necessary for investment into the US that would result in more jobs being created.