Cult Watch
See other Cult Watch Articles
Title: Biden: Democratic base should 'stop whining' (look at the alternatives)
Source:
Google/AP
URL Source: http://www.google.com/hostednews/ap ... UqMTQD9IGHGA00?docId=D9IGHGA00
Published: Sep 27, 2010
Author: HOLLY RAMER
Post Date: 2010-09-27 20:28:42 by Hondo68
Keywords: urged Democrats to, stop whining, look at the alternatives
Views: 23762
Comments: 37
MANCHESTER, N.H. — Campaigning for Democratic candidates in New Hampshire, Vice President Joe Biden said Monday the party's base should "stop whining." Biden attended a fundraiser for Rep. Paul Hodes, who is running for the Senate; Rep. Carol Shea-Porter, who is seeking re-election to a third term; and the state Democratic Party. He said Democrats can win both races if they draw clear distinctions between themselves and their Republican opponents, and he urged Democrats to "remind our base constituency to stop whining and get out there and look at the alternatives. This president has done an incredible job. He's kept his promises." The event was hosted by yogurt manufacturer Stonyfield Farm, whose president, Gary Hirshberg, is a longtime Democratic activist and fundraiser. Speaking to voters at a Manchester home earlier in the day, Biden said the "Pledge to America" House Republicans are promoting would do nothing but increase the national debt and eliminate government services critical to the nation's health and prosperity. Republicans last week unveiled their plan to cut taxes and spending, repeal President Barack Obama's health care law and end his stimulus program if the GOP retakes the House in November. Biden criticized its lack of specifics and offered his opinion on what would happen if the plan was implemented. "If they did everything the pledge calls for, it will add a trillion dollars to the debt and that would require them under their program to eliminate every program in the government from the FBI to highways and a whole bunch of other things to meet the goals they state," he said. Biden spoke about the economy to about a dozen voters at a home in Manchester, where he was joined by New Hampshire's three Democrats in Congress: Hodes, Shea-Porter and Sen. Jeanne Shaheen. Biden said Democrats will lose if the November election is a referendum on how people feel about the economy, but they'll win if they emphasize the progress they've made and plans to build on it. He said he understands that someone looking for a job doesn't have time to track the details of the new health care law or stimulus program, but he said Democrats should remind those voters that many of the benefits haven't kicked in yet. "We've made great progress, but to the guy or the woman sitting at their kitchen table without a job it doesn't matter — they're in trouble. We owe them an answer as to how we're going to ... now that the economy's been stabilized, build it again," Biden said. That answer includes increasing tax credits for small business, giving companies incentives to manufacture their products in the United States instead of overseas and focusing on creating jobs in renewable energy and other green technologies, Biden said. Republicans, meanwhile, have become the "party of repeal and repeat," he said. "What they're offering is not only going to keep us in the ditch, it's going to drive us back down further into the ditch," he said. Parish Braden, a spokesman for the Republican National Committee, said Biden's trip to New Hampshire should remind voters that Hodes and Shea-Porter "are in lockstep with the Obama administration's failed economic policies that have hurt small businesses, raised taxes and put our country further into debt."
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
Begin Trace Mode for Comment # 34.
#1. To: hondo68 (#0)
he's right.
Really? How so? Break it down for me and show me how "he's right".
Do the math. If you follow the GOP budget approach, you would have to eliminate everything save defense, SS, and medicare to balance the budget. Look at Paul Ryan's roadmap, he balances the budget by 2080 by raising taxes on 95% of Americans.
Doesn't look that way to me. Show me how you did the math to arrive at your conclusion.
Show me how you did the math to arrive at your conclusion. OK, the 2010 budget estimates about $3.6 trillion in spending and $2.3 trillion in revenue, leaving a deficit of $1.3 billion. All discretionary spending = $1.38 billion If you follow the GOP approach of protecting defense, SS and Medicare from cuts and extending the Bush tax cuts, you would have to cut all discretionary spending - meaning no more VA, DEA, military/government pensions or benefits, FDA, roads, NASA, border patrol, national parks, and so on. You would also have to shut down the federal prison system and turn everyone loose. And note that it gets worse over the next few years as entitlement spending increases due to an aging population.
OK, the 2010 budget estimates about $3.6 trillion in spending and $2.3 trillion in revenue, leaving a deficit of $1.3 billion. If you follow the GOP approach of protecting defense, SS and Medicare from cuts and extending the Bush tax cuts, you would have to cut all discretionary spending - I will grant you that you may have a point buried amongst the nonsense,there. The point you have is that the GOP is doing wrong to try and cut taxes with the budget so far out of balance. I admit to not being a math whiz,but the one thing I do know is that if your budget it out of whack you have three options. 1: cut spending and increase your income. 2:Increase spending and punish people who don't spend more than they make by trying to bankrupt them,and hope the whole thing goes way if you ignore it long enough. This is the Dim plan. Which leaves you with 1 option. Option number two will do nothing but make the economy worse because consumers will have even less money to spend,leaving option number one as the only rational one. You increase your income by creating a stronger economy that has more people working and paying taxes that are now out of work and drawing tax-payer money as financial aid of some sort. meaning no more VA, DEA, military/government pensions or benefits, FDA, roads, NASA, border patrol, national parks, and so on. Uhhhh,none of those are discretionary spending. All are government mandates. Which does NOT mean their budgets can't be trimmed. ESPECIALLY for the defense department. Other than the pensions,of course. Those are promises the government made that are carved in stone. They can reduce the pension percentage for future government employees,but not for the ones already vested in the system or retired. DISCRETIONARY spending is such nonsense as foreign aid,government grants,minority set aside programs such as no-bid contracts and affirmative action hires,etc,etc,etc. You would also have to shut down the federal prison system and turn everyone loose. Wrong once again. Don't you ever get tired of this? If the federal courts sentence a criminal to a federal prison,they are mandated to provide the federal prisons. They CAN cut this budget by throwing out a lot of the insane laws making everything federal crimes,though. For example,if you get caught bringing a couple of ounces of pot into the country you have committed a federal crime and they are going to spend 25 thousand or more of the taxpayers money each year for 10 years or so to keep you locked up. Yet they allow illegal aliens like Barry Soetoro's Kenyan aunt and uncle to not only remain out of federal prison after violating our federal immigration laws,but even provide them with "free" housing,food,utilities,medical care,and even a retirement check from a system they never paid a dime into. YOU tell ME who is a greater danger to the country.
Exactly.
LOL! Conservaties,unlike Dims and their RINO brothers,understand that the only jobs government creates are government jobs that produce nothing of actual monetary value. Those jobs just suck up taxpayer money like a sponge. Conservatives understand that the only PRODUCTIVE jobs are those created by private employers,not government bureaucrats that are empire building. Conservatives understand that once the budget is balanced and most of the discretionary spending (outhouse inspectors for OSHA,anyone?)is eliminated,the dollar will be so much stronger that fewer will be required to purchase the same goods and services,so individual income taxes can then be cut for everyone,and the government can still function and meet it's constitutional obligations. BTW,businesses should have NEVER been taxed to start with because they have never in the past and will never in the future ever actually pay a tax. Only PEOPLE can pay taxes. If you tax a business,the business will have no choice but to raise the prices of their goods and services to the consumer in order to cover these costs. Raise these taxes so high the good and services are higher than the consumer can support,and the end result in businesses close here and move to foreign countries with fewer tax and other punitive laws. There is no one or even two other things you can do to hurt the US economy more and to hurt consumers and taxpayers more than raising taxes on businesses.
This isn't true. Price is set by supply and demand. And since Corporate tax is on profits, not sales, the tax hits companies in very different ways. So profitable corporations will pay more taxes, but they can't raise their prices because their not so profitable competitors won't raise their prices. Many times their competitors aren't even in the US and thus don't even pay US income tax.
This isn't true. Yeah,it is. Price is set by supply and demand. And price is one of the factors that determine if a product will sell or not. Once you raise the price above the level where consumers are willing to pay for your product,you either go out of business or move offshore. There are no other options because you can only lower your prices so much before you go bankrupt. And since Corporate tax is on profits, not sales, the tax hits companies in very different ways. This is the government we are talking about. When tax revenue goes down due to falling profits,the government had a tendency to raise the taxes in order to keep the big bucks rolling in so they can continue to buy votes. So profitable corporations will pay more taxes, but they can't raise their prices because their not so profitable competitors won't raise their prices. Say WHAT? Are you seriously trying to claim corporations won't raise their prices in order to recover from a increased cost of doing business? You REALLY think they will take a lower profit margin to keep paying more taxes? BTW,just exactly how did the mythical corporation you are talking about become so successful and profitable they didn't have to raise their prices,when all their competitors did? Many times their competitors aren't even in the US and thus don't even pay US income tax. That's true. It is also true they have a higher profit margin than their US counterparts despite selling their products at cut-rate prices.
And price is one of the factors that determine if a product will sell or not. That is precisely why the taxes come out of the profits. They would if they could, but they can't be they charge as much as they can already. You aren't understanding. Their competitors who make little money wouldn't have to raise taxes because they wouldn't be taxed much, if anything.
#35. To: Rhino (#34)
YOU are the one that doesn't understand. Their expenses do not go down because they are making less money. They still have wages,benefits,pensions,insurance,utilities,rent or mortgage,etc,etc,etc to pay. Also,let us assume for the sake of argument that a corporation/business has very weak earnings,so they end up "only" paying 30% on profits of 100,000 bucks. That only leaves them 70,000 bucks to pay the expenses mentioned above. A rival corporation/business that makes 1,000,000 bucks a year pays out a MUCH higher amount of cash at the 30% tax rate,but they still have 700,000 bucks in profit to pay the other costs of doing business. Granted,that is a lot more money,but don't forget their costs of doing business are higher also because they have more capital equipment to purchase,maintain,and operate,and they have a larger work force to pay wages and benefits. BUT......,they still end up with a hell of a lot more money than the corporation/business that only pulled in 100 grand. The end result is the 100 grand profit business goes out of business because they just aren't making enough money to make it worth their while.
Top • Page Up • Full Thread • Page Down • Bottom/Latest"If they did everything the pledge calls for, it will add a trillion dollars to the debt and that would require them under their program to eliminate every program in the government from the FBI to highways and a whole bunch of other things to meet the goals they state," he said.
#2. To: go65 (#1)
he's right.
#9. To: Wood_Chopper (#2)
Really? How so?
#12. To: go65 (#9)
Do the math. If you follow the GOP budget approach, you would have to eliminate everything save defense, SS, and medicare to balance the budget.
#13. To: Wood_Chopper (#12)
(Edited)
Doesn't look that way to me.
#18. To: go65 (#13)
#19. To: sneakypete (#18)
The point you have is that the GOP is doing wrong to try and cut taxes with the budget so far out of balance.
#22. To: go65 (#19)
And the Conservative plan to create jobs is......?????
#24. To: sneakypete (#22)
Only PEOPLE can pay taxes. If you tax a business,the business will have no choice but to raise the prices of their goods and services to the consumer in order to cover these costs.
#29. To: Rhino (#24)
#34. To: sneakypete (#29)
Say WHAT? Are you seriously trying to claim corporations won't raise their prices in order to recover from a increased cost of doing business? You REALLY think they will take a lower profit margin to keep paying more taxes?
BTW,just exactly how did the mythical corporation you are talking about become so successful and profitable they didn't have to raise their prices,when all their competitors did?
Replies to Comment # 34. You aren't understanding. Their competitors who make little money wouldn't have to raise taxes because they wouldn't be taxed much, if anything.
End Trace Mode for Comment # 34.
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]