quote: quote: Obama gets hammered on adding a massive amount to the deficit, however very little of the total was added under his term. You've 2 x Unfunded Wars and Unfunded Medicare to add into that figure.
quote: What budget would the congressional budget office be reporting on? Obama has not passed a budget since he took office.
quote: I wonder how many other European countries are considering a 75% wealth tax? That would surely bump up your growth. You living in Europe should know exactly why your economy is stagnant - big government, big spending and a lack of emphasis on creating opportunity for the individual.
quote: Our GDP is slowing down. We've been kicking the can down the road to give the illusion of growth but there is no substance behind it. The truth is that until we scale down the size, scope and spending of our government and create an environment where small businesses can be established and thrive, it's going to be stagnant. The US has shift too far left because a lot of people are desperate and buy into the false promises put forth by socialist leaders: - Wealth redistribution. - High taxes on investments (capital gains). - Unending social programs that keep people down rather than giving them a way to improve their life. - Continual erosion of civil liberties with laws like NDAA, ACTA and DMCA getting the nod by Obama.
quote: What? You're going to have to back that 70% tax rate claim up or explain how you're arriving at the number - we've never had a rate that high on income tax or capital gains.
quote: It's not "socialist nonsense" - it's calling it like it is. Socialism is when the government gets too big and starts running peoples' lives and taking over businesses and industries. It's also a breeding ground for dictatorships. Police, Fire and Military are basic services that the government can and should provide - private and public labor unions are examples of socialism gone awry. The US is the best country, hands down, and it is a constitutional republic that got to where it is today due to capitalism and the idea that any individual has the OPPORTUNITY to achieve their greatest dreams. Opportunity does not mean hand-out.
quote: While that is true, here is a nice Graph for you to look at.I support neither Dems/Repubs,(as I'm not American), but the BS coming from both sides pisses me off.
quote: Again, the 75% is only above €800,000. Tarring Europe with the same brush is a cop out.
quote: Where was the ourage when Bush was running huge deficits? I didn't hear one Repub bemoan Wealth Redistribution etc. back then.Everything has to be cut, absolutely everything, if America wants to get it's fiscal house in order. i don't agree with raising taxes until every last dollar has been shred from programs, all programs, on both sides, and that includes your Military.
quote: Again, another softball :- here you go.
quote: Social seems to be a dirty word in America.
quote: As I stated in a previous post, the best countries are a mix of Capitalism and Social programs.
quote: As for saying the US is the best country hands down, there are a lot of metrics which would disagree with this statement, and this opens up another huge debate for which I don't have the time right now.