Skip to comments.Buffett: America’s Seen Worse Problems than Fiscal Cliff
Posted on 12/29/2012 10:45:07 AM PST by Olog-hai
Warren Buffett says hes optimistic the nations debt problems will be solved, despite the political fighting thats threatening to put the country over the fiscal cliff.
The United States is richer than its ever been. We have $50,000 or so of GDP per person. But weve overpromised and weve also under taxed to some extent, so we find ourselves with this great fiscal imbalance. But it was man made. Were a rich country. It can be solved.
Well be able to overcome this problem. America has faced a lot tougher problems than this one. Well get it solved.
(Excerpt) Read more at newsmax.com ...
Well Buffet baby, maybe if you stopped hiding your income and payed the taxes you owed it would be a start. And as for being under taxed, why don’t all you liberal jackasses pony up and write a check to the government if you think we are underpaying. I don’t see anything holding you guys back, put Your money where your mouth is instead working so hard to take mine!
We’re not here to see how bad we can make it!!!
These new taxes FIX NOTHING!
It’s pure THEFT TO BUY MORE VOTES!
There are proven ways to actually FIX our current problems.
Obama has as his highest goal, the destruction of America, the Constitution, and our way of life.
Hey Warren! STFU
$50,000 doesn’t go so far these days, compared to decades past. In the 1960’s, men making from $5,000 to $10,000 were raising large families of 5 to 8 kids with the wives staying home. Now it’s tough to raise 1 or 2 kids on $50,000 or more with both parents working. The numbers say more, but the costs of living are far higher. It’s wrong to keep raising the tax burden on producers while lazy takers contribute nothing.
This Communist Pig is a boor.
Tell uncle Warren yourself..
“We have $50,000 or so of GDP per person.”
I’m sure the 47 million on food stamps and near record number of underemployed are relieved to hear that.
Everyone seems to forget, it was Congress and the punk that wrote the cliff in the first place, they had a year to fix it and instead did what ever it is that politicians do behind closed doors.
The poster boy for crony capitalism has spoken!
Obama treats his political allies well.
C’mon, Buffett, are you not part of the Leftwing cabal that’s trying to intimidate the citizens and destroy the Country?
You’re in no way returning the good will you’ve reaped from this great Country. You should be ashamed of yourself.
Nomenklatura...? Why yes, he IS a part of it..!
As a part of the Nomenklatura system, he speaks in favor of it, smoothes things over when there is worry, etc.
His role is a clear one, and I think he does not like Real America.
I’m tired of listening to this tax cheat. What do you think he got from Obama for spreading his puke regarding his secretary’s tax rate? Follow the money. A dime will get you a dollar the feds drop their case against him for not paying taxes.
So true. My Dad made 5800.00 in 1958 with 4 kids at home and a wife who did not work. How was he able to do it?!
We did not live in squalor, had food, clothes, shelter.
The example I was thinking of, was my dad. He was so proud, in the late 1960’s when his salary finally topped $10,000. He had 5 of us kids to take care of. Of course he cut corners to get by, every weekend he took me to help get groceries at the dented cans warehouse and day-old bakeries where hegot discounted food. But as you say, we did not live in squalor or lack food. Same story with my wife, from a family of 6 kids and stay-at-home mom with low-salaried dad. There was less money being stolen in the form of taxes, fees, and regulations that reduce effective buying power.
buffett is either a full on billionaire communist... or he is batsh!t crazy... or both. I think it is both.
Like 2008 and 2012 election results and the Spanish Influenza Epidemic of WW1.
I don't believe any of those calculations, such as the BLS Inflation Calculator, put out by the government. Skewed by politics and methodology that has changed over the years, to suit political purposes. Let's say one made $10,000 back in the 1960's. it's difficult to say what the equivalent would be today.
Many things that were free and provided by government then are now fee-based. For example, I remember when many things were free in our parks in the SF region and are now expensive, such as the zoo, museums, aquarium, Japanese Tea Garden, Conservatory of Flowers, etc. Bridge tolls were cheap (and supposedly temporary). Lots of hidden fees on our utility bills, electronic goods, auto components, etc. that reduce buying power. We're being double-taxed everywhere, taxed on our paychecks and again elsewhere.
Truth is, we kept a lot more of our income as a percentage back in the old days. The jackals in government want 50 percent and more of what we produce, and the sheep in the populace are agreeable to that.
Buffet opposed the oil pipeline, for transporting oil on his own trains.
Buffet celebrates the return of the deathtax so people can buy his deathtax insurance.
Well, if there’s any other benchmark besides the Consumer Price Index, I don’t mind using it.
thanks (and I did tell the mean old putz)
He may be a financial guru, but he is a dunderhead in every other department.
Funny how no one EVER mentions spending (entitlement) cuts, only tax increases.
>>he is a dunderhead in every other department.
Oh, he and his fellow Fabian Socialist vanguard elite vampira are far from “dunderheads” in those other departments.