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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:02 AM Original message |
(((Breaking-))) Aides Say Obama May Delay Rolling Back Tax Cuts On The Wealthy |
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Joe Chi Minh (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:04 AM Response to Original message |
1. Oh, they'd be a great source. Probably trying to pressure on him. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:06 AM Response to Reply #1 |
4. It's not like revenue is a problem or anything. |
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EFerrari (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:11 AM Response to Reply #1 |
8. It's funny because I heard someone on CNN doing exactly that last week. |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:04 AM Response to Original message |
2. "Aides say" |
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uponit7771 (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:05 AM Response to Original message |
3. "delay"!?!?? Did he give the roll back a deadline? I never saw a deadline on his issue list? If not |
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Peacetrain (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:09 AM Response to Original message |
5. He may just let them go off the book and not renew them in 2010 |
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Triana (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:10 AM Response to Reply #5 |
7. there ya go. He'll likely just not renew them. n/t |
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Thrill (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:12 AM Response to Reply #5 |
9. The was the plan anyway. Just let them expire |
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Peacetrain (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:16 AM Response to Reply #9 |
12. Yep, that is what I remember.. |
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Triana (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:09 AM Response to Original message |
6. The tax cuts expire at some date don't they? n/t |
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cali (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:12 AM Response to Reply #6 |
10. Yes. 2010. |
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Windy (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:31 AM Response to Reply #10 |
15. No one has ever reported that he is not going to let the tax cuts expire in 2010... nt |
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Triana (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:49 AM Response to Reply #15 |
21. Yea, I've heard the opposite: That he IS going to let them expire...I think he even said that.. |
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Barack_America (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:13 AM Response to Original message |
11. Breaking? Obama said throughout the campaign that they should be allowed to expire... |
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gblady (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:48 AM Response to Reply #11 |
20. yep.... |
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still_one (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:24 AM Response to Original message |
13. That makes sense until the major fires are put out. Getting people back to work |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:32 AM Response to Reply #13 |
17. That's Textbook Keynesian Economics |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:09 PM Response to Reply #17 |
25. It is Keynsian which apparently our DLC influenced President elect is not going to |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:14 PM Response to Reply #25 |
27. Lord Keynes Would Increase Federal Spending And Cut Taxes For Everybody |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:20 PM Response to Reply #27 |
30. Actually, John Maynard Keynes called for a reduction in interest rates not taxes. |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:32 PM Response to Reply #30 |
35. The Fed Fund Rate Is Only One Percent |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:32 PM Response to Reply #35 |
36. Has nothing to do with what he said. n/t |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:39 PM Response to Reply #36 |
40. How Else Is Governemt Going To Reduce Interest Rates Then By Reducing The Fed Fund Rates |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:50 PM Response to Reply #40 |
44. I said what Keynes said back before I was born a long time ago. |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:25 PM Response to Reply #44 |
47. Keynes Wanted To Get Money In People's Hands To Create Demand To Ease Recessions |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:27 PM Response to Reply #47 |
48. So? You know that FDR only implemented the parts of his philosophy that |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:42 PM Response to Reply #48 |
51. Yes...Roosevelt Did A Lot Of Experimenting... |
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Windy (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:30 AM Response to Original message |
14. He is NOT going to delay tax cuts for the middle class... Goolsby/Axelrod |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:31 AM Response to Reply #14 |
16. Who Said Anything About The Middle Class? |
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theoldman (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:41 AM Response to Original message |
18. The only way to pay off the national dept is to raise taxes. |
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gblady (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:50 AM Response to Reply #18 |
22. me thinks.... |
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DemocratSinceBirth (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:35 PM Response to Reply #18 |
37. Trying To Balance The Budget In 1937 Is What Caused A Delay In Ending The Great Depression |
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Writer (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:44 AM Response to Original message |
19. Has January 20th gone by this quickly? |
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kevinds13 (176 posts) Send PM | Profile | Ignore | Sun Nov-23-08 11:56 AM Response to Original message |
23. He's said multiple times that |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:07 PM Response to Original message |
24. There's a news article on it in the LBN Forum. |
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GarbagemanLB (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:09 PM Response to Reply #24 |
26. Maybe because he and his advisors know much more about the situation than we do? |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:16 PM Response to Reply #26 |
29. Economics isn't rocket science. It's not that hard to learn and it's |
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GarbagemanLB (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:29 PM Response to Reply #29 |
34. Actually, with the team he has around him, he DOES know better. This economic situation IS |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:35 PM Response to Reply #34 |
38. They want you to believe it's complex. |
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GarbagemanLB (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:36 PM Response to Reply #38 |
39. Got an extra tinfoil hat for me? |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:47 PM Response to Reply #39 |
43. What you need is a thinking cap not a tinfoil hat. n/t |
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beachmom (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:26 PM Response to Reply #24 |
33. It is not a matter of stimulus. It is a matter that raising taxes in the middle |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:01 PM Response to Reply #33 |
45. I don't see where he will be raising taxes where it matters. He has |
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TheCowsCameHome (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:16 PM Response to Original message |
28. Imagine, already at the end of his second term - how time flies. |
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LittleBlue (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:22 PM Response to Original message |
31. No point this year. Most of the wealthy lost money |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:04 PM Response to Reply #31 |
46. That's a paper loss. They know that if they hang on to their investments, |
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beachmom (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:25 PM Response to Original message |
32. Yup. You don't raise taxes (or cut spending for that matter) in a spiraling downturn. |
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Skwmom (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:40 PM Response to Original message |
41. Okay, I understand short term deficits. But exactly how large do we |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 12:41 PM Response to Original message |
42. I'm sure that's true. It was a sales point to show a source for the tax cut proposed. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:29 PM Response to Reply #42 |
49. He has to do a tax increase somewhere or he'll be rattling around like |
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Not the Only One (617 posts) Send PM | Profile | Ignore | Sun Nov-23-08 02:18 PM Response to Reply #49 |
52. Schwarzenegger can't print currency. Obama can. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 04:41 PM Response to Reply #52 |
54. If Obama prints currency to reduce the debt, all your savings will become |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 05:23 PM Response to Reply #54 |
55. It's called deficit spending, and it's just what the economist ordered. |
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Cleita (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 05:29 PM Response to Reply #55 |
56. He really picked the wrong economists. I think someone ought to send that |
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dailykoff (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 01:38 PM Response to Original message |
50. Gee, what a shock. I'm sure all those "rivals" he's recruiting |
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cottonseed (1000+ posts) Send PM | Profile | Ignore | Sun Nov-23-08 02:21 PM Response to Original message |
53. Delaying until 2010, which is letting the Bush tax cuts expire |
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