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Obama’s sequester dodge

March 4, 2013

The sky will fall, all over the world, now that Congress did not give in to President Barack Obama’s demand for higher taxes, he and others in his administration claim. Poppycock....

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(51)

DINESH

Mar-04-13 12:45 AM

CAN A SEQUESTER BE A BLESSING IN DISGUISE? DOES IT HAVE A POSITIVE ROLE TO PLAY IN THE AMERICAN ECONOMY. SOME ECONOMISTS TEND TO THINK SO. LITERATURE ON PUBLIC FINANCE HAS SHOWN THAT EXCESSIVE GOVERNMENT SPENDING CROWDS OUT PRIVATE SPENDING.

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denver

Mar-04-13 5:16 AM

We're going to find out now, ain't we!

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denver

Mar-04-13 5:28 AM

Closing tax loopholes for the super rich is not a demand for higher taxes! You have to wonder, why Mike Myer and the republicans keep saying that?

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denver

Mar-04-13 6:33 AM

Here is what's preventing a deal! Its the republicans unwillingness to budge one inch on their stubborn persistence that we must protect the tax loopholes for the super rich. that is the snag, point blank. Almost 90% of Americans want a balanced approach. Some may recall, the republicans blocked President Obama's proposed $4 Trillion deficit reduction deal for the same reason in the summer of 2011, while they were threatening to shut down the government, default on our debts and "Make President Obama Fail" {which was their number one priority at that time.} The republicans has walked away from the 4 trillion dollar grand bargain twice. They says "no new taxes" and then in the same breath says it would be good to close tax loopholes, which is what President Obama is proposing.

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denver

Mar-04-13 6:39 AM

"MrAlex" only a republican would compare, tax Loopholes for the super poor, to tax loopholes for the super rich.

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AsTheNight

Mar-04-13 6:43 AM

I couldn't even read this article, it was so full of distortions and outright lies. There wasn't one tax increase in President Obama's proposal - just closing tax loopholes for insane things like corporate jets, which so many of us Mountaineers own...not! Congress' failure to act is going to result in much higher unemployment, while liars and spinners like this article's writer continue to fiddle while Rome burns.

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gorilla

Mar-04-13 10:35 AM

MrAlex: You're correct!

This morning "OUR" Nationaal Debt is $16,659,840,+++,+++. Each citizen (man, woman and child) share is $52,816. Each and everyone of us take advantage of loopholes in "OUR" Tax Codes.

If I'm reading The Congressional Budget Office (CBO) report in 2006 correctly: The top 20% of income earners paid 86.3% of federal income taxes and the bottom 20% of income earners paid 2.8% of federal income taxes. That leaves the so called midle class pays 10.9% of the federal income taxes.

I understand there's American citizens that need assistance, but I also know citizens that never worked a day in their life because of the middle and upper classes have provided them with everthing.

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neocurmudgeon74

Mar-04-13 12:55 PM

The problem w/ the sequester is that cuts have to be proportional over 1200 programs. If this were applied to your household budget & your family has 2 cars, you couldn't give up 1 car, you would have to give up the same % of each car. Like what, remove & sell the trunk lid & back seat from each car?

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Guy007

Mar-04-13 1:37 PM

It is essential that this country save itself financially,and perhaps morally,by eliminating the welfare(dependency) system as we know it forcing the kept to start providing for themselves.

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Brooks

Mar-04-13 2:01 PM

Once again, it's the poor, the elderly, the children, and our military families and communities that will suffer. Won't even be a blip on the wealthy, it never is, even tho THEY are the ones that ran the country off a cliff. Keep beating the hate Obama drum...it's what some of you do best. But FACTS are FACTS..I know that just kills ya. The wealthy and privileged created the recession...and the rest of us must pay the price of it, apparently over and over and over.

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Brooks

Mar-04-13 2:03 PM

Yeah Mr. Alex, I thank the rich everyday for crashing the economy and hiding their assets in offshore accounts. You are such a friggin moron.

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Brooks

Mar-04-13 2:06 PM

Just like NRA was able to pump up the idiots in this country by 'insinuating' that the Government was coming to take their guns...which NO ONE EVER SAID, NOT ONCE...the GOP has the idiots pumped up to believe Obama wants to raise taxes...even tho that is blatantly NOT TRUE...he wants to close useless and expensive tax loopholes for the uber rich...PERIOD.

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Brooks

Mar-04-13 2:07 PM

Asthenight...couldn't agree with you more.

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gorilla

Mar-04-13 4:00 PM

The government should cut "Waste Spending" first.

Examples: 1)$325,000 Robotic Squirrel. 2)$1,500,000 Study to build a better computor gaming stick. 3)$100,000 to send a comedy troup to India. 4)$1,000,000 See if male fruit-fly are attrackted to older or younger female fruit-flys. 6)$27,000,000 Pottery classes in Morocco. 7)$30,000,000 Help mango farmers in Pakistan. 8)$17,800,000 Foreign add to China in 2011. 9)$120,000,000 benefit checks to dead federal employees. 10)$17,700,000 both political parties to help pay for ballons, food, booze transportation, hotels, etc. 11)$221,540 Veterans Administration converence (part" in Arizona. 12)$44,900,000 Duplicate Technology Innovation Programs. 13)$49,900,000 retrofitting or replacing deisel engines.

There's thousands of these projects totaling billions.

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AaronS

Mar-04-13 4:01 PM

“Closing tax loopholes…” was Mitt Romney’s plan during the election. If I recall, Obama told us repeatedly how it would not work. So the President was against closing loopholes before he was for them. Interesting.

“Some may recall, the republicans blocked President Obama's proposed $4 Trillion deficit reduction deal for the same reason in the summer of 2011.”

That’s simply not true. The President and Speaker Boehner had a deal in principal that called for cuts in the range of 1.2 Trillion and revenue in the neighborhood of 800 billion. After Boehner secured House support, the President moved the goal post and demanded 1.2 Trillion in revenue. At that point, negotiations broke down and the President was left out of negotiations. As a result, the President DEMANDED the sequester and strong armed Congress by threatening to veto the deal struck between the House and Senate.

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Tassie

Mar-04-13 5:39 PM

AaronS where did you get that information from?

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denver

Mar-04-13 6:30 PM

Boehner is a drunk! And like our fine Congressman David Mckinley, he would take a chance at losing 700,000 America Jobs, because the republicans refuse to take a balanced approach that would cut wasteful spending on giveaways. Like corporate tax loopholes for Big Oil companies and the tax credits for companies that ship jobs overseas.

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denver

Mar-04-13 6:32 PM

And again, one more time, closing tax loopholes is not raising taxes!

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WhatsNext

Mar-04-13 6:56 PM

MrAlex, you and the other "thinking" people who post here are wasting your time trying to convince the liberal sheep that Odumma is trying to help anyone but himself and is good for the country. They will never see the truth. Odumma has more lines of crap than the New York sewer system and his minions just keep gobbling it up.

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rayduck

Mar-04-13 7:32 PM

When it comes to crap, you would know Whats Next!

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denver

Mar-04-13 7:32 PM

"gorilla" Remember Dick "Shotgun" Cheney said deficits don't matter

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AaronS

Mar-04-13 8:52 PM

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AaronS

Mar-04-13 8:54 PM

"he would take a chance at losing 700,000 America Jobs"

Poppycock. You get nowhere by regurgitating lies. Independent studies have shown that at most, 40,000 federal jobs will be effected, which in reality, isn’t a bad thing. Even the President is backtracking on the doom and gloom tripe he’s been spouting over the past month as the reality that the sky isn’t falling sets in for Americans.

As for where I got the information, if you doubt it Tassie, google it and learn the truth. It's out there if you look.

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mythravere

Mar-04-13 10:50 PM

Isn't a bad thing? You aren't loosing pay due to being furloughed then are you?

I know someone who does make good money working for the government but is going to come up short on money because of these furlough days.

These are people who are having their lively hoods messed with.

It is most definitely not a good thing.

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AaronS

Mar-05-13 4:59 AM

I'm curious, this employee that you know, how critical to national defense is their job?

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