Posted on 02/01/2008 10:34:43 PM PST by freespirited
Senator Barack Obama says the top priority of the next president should be to create a more lasting and equitable prosperity than achieved by either President Bush in the current decade or even Bill Clinton in the 1990s.
In an hourlong interview outlining his economic views, Mr. Obama praised the Clinton administration for reducing the deficit and setting the stage for the ’90s boom. But he said Mr. Clinton had failed to halt a long-term increase in income inequality that had left the middle class feeling squeezed.
If elected, Mr. Obama said he would to try to forge a popular mandate for policy changes that could reverse a generation of slow wage growth and outlast any one administration. At the top of his list would be shifting the tax burden more toward the wealthy and making investments — in health care, alternative-energy research and education — that would cost a significant amount of money but could ultimately lift economic growth. ...
He has called for shoring up Social Security by raising payroll taxes on very high earners, while she has not. He also favors a permanent tax credit of up to $1,000 for families in the bottom 90 percent or so of the income distribution, which makes his package of middle-class tax credits significantly larger than hers...
“I want an Alan Blinder, and I want a Jacob Hacker, and I want a Bob Rubin, and I want a Robert Reich,” he said, referring to a mix of centrist and more liberal Democratic economic advisers. “And I want a good robust argument about where we need to go.”
(Excerpt) Read more at nytimes.com ...
Socialism by any other name ...
We will take from you for the common good.
The top 20% pay 90% of all taxes now. What a maroon.
I am a realist and a facts guy. As an independent I can give a totally unbiased viewpoint on this. Obama wants to take the money homeowners and hard working Americans have and give it away like a socialist to lazy illegals! Easy as that.
Horse Hockey. Did he praise Newt, DeLay, Armey, or even Greenspan?
cuz we know his Hollywood and elitist freinds have nothing to worry about in the oligarchy
Pure oxymoron.
hahahahahaha.... that might not even be possible
Soak the rich, massively increase government spending from Washington. Real visionary that Obama.
so , .. that must mean , 2 or 3 Mexican FAMILIES , . . .
can live in my parents’ backyard , .. for , like , $40 a month each , .. no?
(( perhaps the Porta-Pottie company will cut my folks a deal ?? , . . . no? ))
{{{{{ oh! , .. and my folks’ insurance carrier will “cut them a deal” ,.. no?? }}}}}}}
btw ,.. I like our SignUpDates , .. The Class of The ‘04 Election , ... yeeeOW’suh!
The only way the government can close the income gap is by making rich people poorer, while the poor stay the same or get poorer.
Yeah. What are you a racist?
RIP, America. The Obamanation is upon us.
Where is John Galt when we need him?
“Closing the income gap” — just another word for communism. Like “pro-choice” is just another word for murder.
“The only way the government can close the income gap is by making rich people poorer, while the poor stay the same or get poorer.”
That is exactly what we get when the government agenda is “fairness”.
With Barack, Hillary or McCain the end result is the same -- open borders, massive influx of 10's of millions of more illegals and the unstoppable transformation of our Republic into a third world Socialist hell. McCain's instinct is to be very liberal. Nothing in his record or character will show that he will do anything remotely conservative once elected.
I work in a Job that I enjoy. I could make more, doing something that I hate. The IMPORTANT part is I ain’t on the dole, or in need of charity.
I don’t want GOVERNMENT to force “equitable prosperity” on Me, or the “entitled poor and LAZY”.
Perhaps you should have mentioned the lazy HUD housing dwellers, too.
'cause every freeper knows there's no such thing as "lazy legals."
BOHICA
These are the same people that kept Clinton in office for 8 years, not to mention makes it possible for him to continue to be a thorn in our flesh even to this day.
Unless and until we get back some sanity in the public school system it’s only going to get worse. I am not optimistic that it’s going to change in my lifetime.
Between the education provided by the public schools and the tripe they see hour after hour, day after day on TV it’s going to be tough to reverse the trend. The ability to take in facts, consider them and then form a logical opinion has gone the way of multiplication tables and learning to read using phonics.
What an idiot Obama is! No nation was ever taxed into economic growth!!
Wow, haven’t heard that term used in a long time. So long in fact that I can’t remember what it stands for. Feel free to mail me if it’s something that is not family friendly. Thanks for the challenge!
Since they can’t legislate equality of achievement, they’ll settle for legislating equality of income.
From each according to his ability, to each according to his needs...
Or how about the Soviet version:
From each according to his ability, to each according to his work....
Oh, wait, can’t have that, as we have seen from the stimulus package!
If the tax rates become too confiscatory, there are markets outside the US now, and small countries that will allow companies to relocate at a far lower tax rate. Individual exPats may have more trouble extricating themselves, but rich guys will either get loopholes or find another place to play.
This jerk would destroy our economy. But he’ll make out good, and be long gone by the time it falls. Socialism/Communism, whatever should be outlawed.
Bend Over, Here It Comes Again
I love the way the moderates are trying to paint us as the bad guys because for once we’re standing up for what we believe. We’ve tried it their way for almost 20 years now and you see where it’s gotten us.
Osama and Hillary are trying to out bimbo each other.
The truly wealthy (i.e., those who don’t have to work for a living) are not the folks Democrats are planning to tax into oblivion. Once again it will be the productive upper middle class, successful professionals and small-business owners.
Some folks will NEVER be productive self supporting citizens until they flush the &^%&*^% out of their brain, pull the thumb out of their mouth and the @#$% out of their arse...
Hmmmm.....what happened to the U.S. Constitution where ALL are supposed to be treated with "equal treatment under the law"????
Wealth re-distribution is a Marxist theory, not intended by the Founding Fathers.
Is there ANY Democrat who doesn't see themselve as one who should decide what effort is rewarded, and what effort is raped via taxation, to buy favors with handouts?
“And I want a good robust argument about where we need to go.”
The only argument he wants is how much can he take from those who have something to give to people who he deems needy. Another socialist SOB.
-ccm
Social Security is primarily a welfare program rather than a pension plan. Check the benefit schedules and you’ll see what I mean. Therefore Social Security should be funded out of general revenues. The FICA and income taxes should be combined into one.
Most of the illegals I have met are anything but lazy. We have enough home-grown lazy grasping 100%-American looters to sop up what Obama wants to dish out.
-ccm
The number one thing that would raise the income of the working class would be to stop the importation of millions of unskilled uneducated workers.
Closing Income Gap = SOCIALISM
If people fall for this, The Driveby Media has done its work very effectively.
After four months of this socialist drivel even McCain will look palatable.
Let’s tax all wealth owned by senators at 90%. It’s for the childen.
Many, perhaps the majority of Americans have been conditioned to accept that mentality -- I will be happy to be poor as long as no one is allowed to get rich. This mentality is the reason why some countries are poor even though they are rich in resources. This mentality will turn the U.S. into a large third-world country.
The top 10% of earners pay 90% of the taxes.
Tax cuts increase federal revenue.
Facts that the pols either don’t know or ignore or hope the “gimmie” voters don’t know.
To raise taxes flies in the face logic. But then, pols are looking for votes and power.
Reminds me of a Border Patrol Agent I worked with many years ago!
He often commented that he wished that, instead of deporting the hardworking illegal he apprehended, he could just deport TWO worthless domestic parasites IN THEIR PLACE!
Heard all that before, no thanks not voting for that kind of person
Has he been cloned from Karl Marx?
The problem is that there are LOTS of morons, and more and more are voting...
I had to reprogram my radio this morning (the battery in my car died, and I needed to have it replaced. While the battery was out, I lost all my station settings.) Anyway, I happened across an AM station, a local talk show that seemed to be run by a Black church. The one thing that everybody agreed upon was that we need "income redistribution."
More and more people are going to learn that they can vote themselves other peoples' stuff. And they like doing just that. The leftists are experts at class warfare, and I really think that things are going to get a lot worse before they begin to get better. It's interesting and a bit scary that this is the 50th anniversary year since Atlas Shrugged was published. The reason is that so much coming out of the politicians mouths could have been written by Ayn Rand, right out of those pages!
Mark
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