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Tax Cuts verse Food StampsFollow

#27 Feb 13 2009 at 3:40 PM Rating: Excellent
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dupeeconqr wrote:
Don't worry about Jophiels figures he gets his info from the huffington post.
Smiley: laugh

Don't blame me just because you're too retarded to figure out the difference between "was elected" and "took office" before you post.
Quote:
Only 1 day since Obama has been elected has the dow gone up
lolwut??

Edited, Feb 13th 2009 5:45pm by Jophiel
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#28 Feb 13 2009 at 3:50 PM Rating: Decent
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We're going to be paying for this stuff for generations..



Like the war in Iraq?
#29 Feb 13 2009 at 4:19 PM Rating: Default
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feelz wrote:

Quote:
We're going to be paying for this stuff for generations..



unLike the war in Iraq?


FTFY...

Tell you what. In 10 years, let's compare the amount of money we're spending each year directly related to the war in Iraq to the amount of money we're spending each year directly related to programmatic funding created in this stimulus package. Historically, wars end. They stop costing money cause we're no longer fighting. Social spending programs tend to never stop. Once you start funding them, it's virtually impossible to stop funding them. Ever.
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#30 Feb 13 2009 at 4:20 PM Rating: Default
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gbaji wrote:
feelz wrote:

Quote:
We're going to be paying for this stuff for generations..



unLike the war in Iraq?


FTFY...

Tell you what. In 10 years, let's compare the amount of money we're spending each year directly related to the war in Iraq to the amount of money we're spending each year directly related to programmatic funding created in this stimulus package. Historically, wars end. They stop costing money cause we're no longer fighting. Social spending programs tend to never stop. Once you start funding them, it's virtually impossible to stop funding them. Ever.


Social Security and Medicare being the prime example here.
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#31 Feb 13 2009 at 10:38 PM Rating: Excellent
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Stimulus bill passed the Senate tonight. All it needs now is Obama's pen-scribble and it's all done & done Smiley: nod
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#32 Feb 14 2009 at 5:22 AM Rating: Default
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I'm excited that I'll still be paying for this when my estate taxes are calculated after I leave my estate to my children.

I don't even HAVE children yet.
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#33 Feb 14 2009 at 6:55 AM Rating: Decent
Jophiel wrote:
Quote:
Only 1 day since Obama has been elected has the dow gone up
lolwut??
Yeah, I count 8 up and 10 down.

It is, however, now nearly 100 points down since Obama's inaguration.
#34 Feb 14 2009 at 9:42 AM Rating: Excellent
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Absolutely. That's exactly the kind of spending that Conservatives would like to see. Simply replace funds that are temporarily reduced due to the economic situation. But that's not even in the ballpark of what the Democrats tossed into the economic stimulus package. While I'm sure there is some good stuff, there's a whole lot of just plain garbage. They could likely have spent about a third of what this bill will cost if they'd only spent money on the stuff they need.


Then why were the Republicans the ones that were stripping all the educational improvement provisions out of the bill, calling them pork? Smiley: dubious

Edit: Furthermore, having a hissy fit over the NEA getting $50 million, when I've been after a certain major theater in NYC to buy servers for at least two years, and they never have the operating budget to do so?


Edited, Feb 14th 2009 12:44pm by catwho
#35 Feb 14 2009 at 3:42 PM Rating: Good
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MDenham wrote:
Jophiel wrote:
Quote:
Only 1 day since Obama has been elected has the dow gone up
lolwut??
Yeah, I count 8 up and 10 down.

It is, however, now nearly 100 points down since Obama's inaguration.
Sneezing brings the Dow down.
#36 Feb 14 2009 at 5:40 PM Rating: Decent
Jophiel wrote:
Stimulus bill passed the Senate tonight. All it needs now is Obama's pen-scribble and it's all done & done Smiley: nod


I was just thinking about this today, and it occurred to me that the success here isn't really the bill itself. When you look at the process here, a major legislation was introduced, debated, a compromise reached, and the whole thing passed in less than a month. Sure, there are some significant groups of people who disagree with a lot of the details of the package, but historically, it's the idea of trying to please everyone that has bogged down our legislative process and invariably ensured the failure of a number of good ideas. The success is the efficiency of the process, regardless of the magnitude or scale of the legislation.

Smiley: thumbsup
#37 Feb 14 2009 at 7:22 PM Rating: Excellent
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The success is the efficiency of the process, regardless of the magnitude or scale of the legislation.


Of course, another measure of its 'success' would be wether it actually works or not.
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#38 Feb 15 2009 at 7:50 AM Rating: Excellent
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gbaji wrote:


Tell you what. In 10 years, let's compare the amount of money we're spending each year directly related to the war in Iraq to the amount of money we're spending each year directly related to programmatic funding created in this stimulus package. Historically, wars end. They stop costing money cause we're no longer fighting. Social spending programs tend to never stop. Once you start funding them, it's virtually impossible to stop funding them. Ever.
Well then I suggest we fund a program to research and produce people that don't need shelter, heat, and food - problem solved.

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#39 Feb 15 2009 at 8:04 AM Rating: Good
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gbaji wrote:

Historically, wars end. They stop costing money cause we're no longer fighting.


That's not even close to true. Just ask my Uncle Frank who is still receiving disability payments and medical treatment for wound suffered in 1944.

The actual costs of war live on far, far after the fighting has stopped.
#40 Feb 15 2009 at 8:44 AM Rating: Excellent
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Elinda wrote:
Well then I suggest we fund a program to research and produce people that don't need shelter, heat, and food - problem solved.
BOONDOGGLE!!
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#41 Feb 15 2009 at 8:48 AM Rating: Decent
Elinda wrote:
gbaji wrote:


Tell you what. In 10 years, let's compare the amount of money we're spending each year directly related to the war in Iraq to the amount of money we're spending each year directly related to programmatic funding created in this stimulus package. Historically, wars end. They stop costing money cause we're no longer fighting. Social spending programs tend to never stop. Once you start funding them, it's virtually impossible to stop funding them. Ever.
Well then I suggest we fund a program to research and produce people that don't need shelter, heat, and food - problem solved.
Once this program reaches the production stage, I think I'm going to invest in Old Glory Robot Insurance.
#42 Feb 15 2009 at 3:38 PM Rating: Decent
That person who did the study must not shop anywhere that takes a lot of food stamps or lives in an area that does. You'd do far better subsidizing community college or tech school so people can create real wealth by moving up in life. Or vouchers for day care.

Food stamp reliance is a cancer for a community, especially since they can easily be abused. You'd be surprised how many people defraud the government that way. If we are going to bankrupt the usa over crap like this, at least make it something that works.
#43 Feb 15 2009 at 6:06 PM Rating: Excellent
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The Neispace of Doom wrote:
That person who did the study must not shop anywhere that takes a lot of food stamps or lives in an area that does. You'd do far better subsidizing community college or tech school so people can create real wealth by moving up in life. Or vouchers for day care.

Food stamp reliance is a cancer for a community, especially since they can easily be abused. You'd be surprised how many people defraud the government that way. If we are going to bankrupt the usa over crap like this, at least make it something that works.


while I seen a few folks defraud the food stamps program, it's not as common as you make it out to be. Most folks I tend to know can barely feed themselves for 2 weeks on what little they get in food stamps, so aren't interested in defrauding the government over being able to eat.

I used to have a bad opinion of the program, as I watch people buy pre process food over more healthy alternatives, then I moved into an area of the city without a major grocery store. I can imagine that growing up in such an area, one wouldn't have much chance to learn how to cook healthy meals as the quality of fresh ingredients is very poor around here. Trying to teach cooking to them is nearly useless it seems, from the classes that the State would offer in my daughter's old school.

That said, they sure know how to fry chicken and make greens, though I find a lot of the food way too salty for my taste. I rather live on beans and rice and vegetables from the farmers market, then waste my money on poor quality food. That is when I can make it across town to the farmers market, guess they think folks are too poor around here to be able to take time once a week to buy fresh produce. Spending money on science and reading classes would help with a good cook book. Thank goodness I grew up watching Julia Child and handed a cook book when my mom wanted me to make something new.

Then the chicken in every pot, should come with a copy of The Joy of Cooking.

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#44 Feb 16 2009 at 8:02 AM Rating: Excellent
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Paul Begala has an elegant solution to anyone of authority who thinks the stimulus is a waste: Lower the cost of the stimulus by refusing the money:
Begala wrote:
Gov. Mark Sanford of South Carolina took umbrage at my writing that his approach to the economic crisis is to do nothing. I'll deal with his "ideas" in a moment, but first let me make a modest proposal:

If Republican politicians are so deeply opposed to President Obama's economic recovery plan, they should refuse to take the money. After all, if you think all that federal spending is damaging, there are easy ways to reduce it: Don't take federal money.

Gov. Sanford can lead the way. South Carolina should decline to accept any federal funds for transportation, education, health care, clean energy or any of the other ideas President Obama is advocating to fix the economy. And the rest of the GOP can follow suit.

Justice Louis Brandeis famously called states "laboratories of democracy." So let's experiment. Gov. Sanford can be the guinea pig. His Palmetto State already gets $1.35 back from Washington for every dollar it pays in federal taxes, according to 2005 numbers, the latest calculated by the Tax Foundation, a nonprofit tax research group.

South Carolina is a ward of the federal government. It's been on welfare for years. If Gov. Sanford is so all-fired opposed to federal spending, let's start by cutting federal spending in South Carolina. Otherwise, he's got about as much credibility on fiscal conservatism as A-Rod has on steroids.

Under the Bush-Sanford economic theories, South Carolina's unemployment rate has reached 9.5 percent -- among the highest in the nation. But if Gov. Sanford wants to continue those policies, good luck to him.
[...]
Something tells me Gov. Sanford won't take that gamble. Because for all his rhetoric about hating federal spending, he can't wait to get his hands on our money.
I eagerly await hearing Mitch McConnell demand that Governor Beshear refuse to take certain monies for the state of Kentucky. Surely there's pork in there that can be cut out and the state of Kentucky can just refuse right? "Thanks but no thanks"? Anything that's not immediate short term stimulus? Lindsey Graham is from S. Carolina and he hated the bill. Shook it around in the air and yelled and everything. Between him and Governor Sandford, it's good to know that S. Carolina will be refusing money. Right?.... Right?

Ok, someone let me know when this happens!
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#45 Feb 16 2009 at 8:11 AM Rating: Good
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Joph,I'll be waiting with you for any state that the majority of congressional delegation voted against the Bill decline all federal money from it. (can't remember were I read the suggestion, most likely on Huff post.)

Meanwhile I wait for them to figure out when I'll get a one time extra payment of $250 in my SSI check. I promise I'll buy a few things I wouldn't normally afford. Like the Mines of Moria upgrade for LOTR:O Smiley: grin
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#46 Feb 16 2009 at 8:20 AM Rating: Excellent
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Boehner advocated a "Tax cuts only" plan so I'm sure he's petitioning hard to refuse any spending in the 8th District of Ohio.
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#47 Feb 16 2009 at 9:03 AM Rating: Good
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Washing Post writes For Social Programs, Long-Awaited Boost

Quote:
Advocates for low-income people agree. Sharon Parrott, director of the welfare reform and income support division of the Center on Budget and Policy Priorities, said aid to people who are struggling "is the best stimulus" because they are all but certain to spend it quickly. Still, she said, it would be impossible for the level of funding for the broad range of social programs in the stimulus to continue beyond the two-year timeline in the legislation. "Even if something would be overall good policy, it needs to be in the budget, and you need to pay for it," she said. "There are real budget constraints that prevent that going forward."


We may not get any tax refunds, but we do know how to spend money on things we need Smiley: rolleyes

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#48 Feb 16 2009 at 11:33 AM Rating: Good
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Paul Begala has an elegant solution to anyone of authority who thinks the stimulus is a waste: Lower the cost of the stimulus by refusing the money:


thats silly, because even if you do, what happens is you subsidize the people who take the money anyways with no benefit through income taxes and the various federal mandates that will come from this. Its not a win-lose thing, its a lose-lose thing. Its not like if you don't take anything you won't have to pay for it anyways.

Your constituents will feel the hit and get zero benefit from it. Some of the stimulus may be out of your control anyways as a federal program. You can't refuse food stamps.

Quote:

We may not get any tax refunds, but we do know how to spend money on things we need Smiley: rolleyes


thats not creating jobs though. Bush tried the short term stimulus thing, it didnt work: its impossible to create jobs through short term cash handouts. A better thing would be to subsidize low-cost preventitive health care by someone like *gasp* wal-mart, who could easily open walk-in medical centers in their locations and with an economy of scale, be able to keep the prices down.

That would create jobs and benefit the poor as well, and maybe even drive down the cost of care by ensuring people can get regular checkups and head off advanced illness, which is prohibitively costly if not treated early. Also fund with that inexpensive training to become physicians assistants or lpn to staff centers like this, and you make a way for people to lift themselves out of poverty too.

If obama would do things like that, he'd see much more people behind him, but as it is, it looks to me his own party is steamrollering him on this stimulus. Not a good sign.

#49 Feb 16 2009 at 11:55 AM Rating: Excellent
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The Neispace of Doom wrote:
Quote:
Paul Begala has an elegant solution to anyone of authority who thinks the stimulus is a waste: Lower the cost of the stimulus by refusing the money:
thats silly, because even if you do, what happens is you subsidize the people who take the money anyways with no benefit through income taxes and the various federal mandates that will come from this.
However, you can directly cut the amount of spending to come form the package by refusing any of it within your state. Remember how the conservatives lauded Palin as a hero for her "Thanks but no thanks" stance on that Bridge to Nowhere?* Gov. Beshear can directly cut millions if not billions from the bill simply by refusing the money.

As for "subsidizing the people who take the money anyway" that's already what the majority of the blue states do for the majority of the red states today. South Carolina is suckling off the government teat, costing the federal government $1.35 for every dollar S. Carolina contributes. Most blue states pay more into the government than they receive (PDF). Most red states cost the government more than they contribute. Purple states are, by in large, breaking it even. I'm all for a cease to "subsidizing the people who take the money anyway" if that means we kill federal spending for those leech states. After all, Illinois is one of the states getting raped the worst -- for every buck we send to Washington, we only get back 73 cents worth of federal love. Perhaps if S. Carolina, Alabama, Lousianna, Mississippi, Oklahoma, etc could cut their own spending, Illinois, California, New York, Minnesota & New Jersey wouldn't need to pay their way.

Which was Begala's real point -- the people shouting the loudest for these spending cuts are largely coming from states happily supported by federal welfare. They're hypocrites.

*Speaking of, for a state that can afford to send each resident a big ole oil profits check, Alaska sucks harder at the government teat than just about any other state.

Edited, Feb 16th 2009 2:08pm by Jophiel
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#50 Feb 16 2009 at 12:51 PM Rating: Decent
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thats silly, because even if you do, what happens is you subsidize the people who take the money anyways with no benefit through income taxes and the various federal mandates that will come from this.


Wrong. There's no added benefit to people receiving funds who think it's a bad idea.

In point of fact the economic reality is that IT DOES NOT MATTER AT ALL, *****AT ALL***** what the money is spent on, so long as it is spent and is spent domestically. Spending 1 Trillion on elephant **** disposal is identical in terms of economic stimulus to carefully allocating the money to specific "worthy" causes. All that really matters is that the money is spent, and not saved. This is why tax cuts aren't a great idea, because it's virtually impossible 100% of their value will be returned quickly to the economy as demand, and realistically, the percentage is closer to 40%. There is zero, and I do mean zero, serious debate that cutting the capital gains tax to zero tomorrow would be less of a stimulus to the economy than 500 billion in direct spending. Suckers need to move past this ******** moral hazard worry. It just doesn't matter. Spend a trillion on church construction, works for me. The salient point is if government is going to work to prevent a prolonged recession, it's going to just have to spend a great deal of money *very likely poorly*. While this doesn't seem to phase anyone when the Fed uses it's balance sheet to basically underwrite quasi-worthless debt, or Treasury hands money without conditions to giant merchant banks, there's a big fear that someone else might be getting over on the system while I'm NOT!!!!one!!11!eleven!! when it comes to spending on middle class jobs. I don't own a bank, who cares if they get more money than was spent on World War 1 with the stroke of a pen. If Vinny next door gets a union job building bridges for $40 an hour and I get laid off, there is great unfairness in the world!!1

Grow the **** up.

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#51 Feb 16 2009 at 5:07 PM Rating: Good
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NY Times has table listing were the Money in the Bill will go here.

If you can't see it, I wouldn't know. I rather pay a decent newspaper then have to rely on what little is left to our local paper since the Tribune filed for bankruptcy.

I find The Baltimore Sun getting smaller each week, as they try to cut costs down to bare bones.

BTW tomorrows New Age declare that Japan is officially in a depression, as imports dropped from Australia 14 per cent.

I expect we'll be seeing the effects of what we been told by the pubbies isn't a recession for sometime.

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