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Thread: Obama Jobs Plan

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    Obama Jobs Plan

    He's announcing his job plan. After vacation.

    AP source: Major Obama jobs speech after Labor Day

    I think his job plan is going to be stimulating economic growth by going on vacation. Again.
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    I just saw this and was going to post it as well. Good grief.
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    Obama's vacations DO stimulate the economy! Just think of the millions that he has taken from the government and paid out for 5-star hotels, meals, security, flight costs, fuel costs, etc. ! Man, 2012 can't come fast enough!
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    This thread should be re-titled " The Obama Keep My Job Plan" because that is the only thing on "The Great One's " mind right now.
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    The idiots in this Administration say that Welfare is good for th economy as it stimulates spending (by the welfare recipients) at stores, etc.

    That's the same as saying that crime is good for the economy because it stimulates spending by those purchasing burglar alarms, hiring more police and prison guards and spending by the victims to replace the stuff stolen, thus allowing companies to make and sell more products.

    They must have emptied the asylum when they hired these idiots to run this once great country.

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    So...........other than the fact that he's on vacation (which I don't agree with), what's the problem with his plan? Obama has a plan to create some decent paying jobs and y'all have a problem with what exactly? Did I miss something? Cause I didn't see anything about welfare in that article.
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    Yes. More of what hasn't worked, in larger numbers. That'll fix it. This time. Again.
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    Quote Originally Posted by McCrackhd View Post
    So...........other than the fact that he's on vacation (which I don't agree with), what's the problem with his plan? Obama has a plan to create some decent paying jobs and y'all have a problem with what exactly? Did I miss something? Cause I didn't see anything about welfare in that article.
    I'm going to do the same thing I tried last time that didn't work because we didn't try it hard enough.

    This time it will work for sure!

    (It'll work at bringing about our financial ruin faster.)

    It'd be more efficient for him to write a check, hence the "welfare" commentary.
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    What would you do? Let me guess, cut taxes for the rich to almost nil? Cause they are creating SOOO many jobs now with the tax cuts they are getting. By the way, our infrastructure is crumbling. I haven't seen a large set of projects, yet, like the TVA.

    I don't know, I don't have any great ideas. But, it seems like those of you that didn't vote for Obama disagree with everything he does, just to disagree. If he were to nuke N. Korea, y'all would bitch about that too. If Obama were to cure world hungry, y'all would call him a socialist and a communist.
    "How dare he feed the hungry!! That's just like Stalin and Hitler!!" Seriously, it's becoming like the boy who cried wolf. Yeah, I know Obama's spending a shitload of money. But, what president doesn't spend money on stuff that not everyone agrees with? Y'all do realize that we really have no say so in where the money is spent, right? No matter how much we bitch. How is spending money on roads, dams, and bridges a bad thing? I got an idea, let's spend billions of dollars on two fighter planes we aren't using. Let's continue to let major corporations pay less in taxes than I do. Let's just sit back and let the rest of the world (including China) continue to pass us by technologically because we are against any kind of change. Yeah, that'll work.
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    Quote Originally Posted by McCrackhd View Post
    What would you do? Let me guess, cut taxes for the rich to almost nil? Cause they are creating SOOO many jobs now with the tax cuts they are getting. By the way, our infrastructure is crumbling. I haven't seen a large set of projects, yet, like the TVA.

    I don't know, I don't have any great ideas. But, it seems like those of you that didn't vote for Obama disagree with everything he does, just to disagree. If he were to nuke N. Korea, y'all would bitch about that too. If Obama were to cure world hungry, y'all would call him a socialist and a communist.
    "How dare he feed the hungry!! That's just like Stalin and Hitler!!" Seriously, it's becoming like the boy who cried wolf. Yeah, I know Obama's spending a shitload of money. But, what president doesn't spend money on stuff that not everyone agrees with? Y'all do realize that we really have no say so in where the money is spent, right? No matter how much we bitch. How is spending money on roads, dams, and bridges a bad thing? I got an idea, let's spend billions of dollars on two fighter planes we aren't using. Let's continue to let major corporations pay less in taxes than I do. Let's just sit back and let the rest of the world (including China) continue to pass us by technologically because we are against any kind of change. Yeah, that'll work.
    Well said.

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    Quote Originally Posted by McCrackhd View Post
    What would you do?
    The Fair Tax

    Taxes would be collected on black market occupations like drug dealers (they buy tv's and cars too!)

    Families and the poor would be given tax money back every month for basic necessities.

    The infrastructure is already in place in most states.

    The price of most goods and services wouldn't change since cost savings would cancel out the tax increase.

    Conservative estimates of economic growth is 10%.

    America would become the business haven of the world, we would likely have more jobs than available people to work them.

    This is a revenue neutral plan that would not require cuts on the government (although I can think of I few.)

    None of us would report our income to the government again.
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    Quote Originally Posted by Xiphos View Post
    The Fair Tax

    Taxes would be collected on black market occupations like drug dealers (they buy tv's and cars too!)

    Families and the poor would be given tax money back every month for basic necessities.

    The infrastructure is already in place in most states.

    The price of most goods and services wouldn't change since cost savings would cancel out the tax increase.

    Conservative estimates of economic growth is 10%.

    America would become the business haven of the world, we would likely have more jobs than available people to work them.

    This is a revenue neutral plan that would not require cuts on the government (although I can think of I few.)

    None of us would report our income to the government again.
    I'd support this too if it were revised to ensure that necessities like food, utilities, healthcare, rent, education, job training, and owner-occupied housing were tax-exempt.

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    Quote Originally Posted by Xiphos View Post
    The Fair Tax

    Taxes would be collected on black market occupations like drug dealers (they buy tv's and cars too!)

    Families and the poor would be given tax money back every month for basic necessities.

    The infrastructure is already in place in most states.

    The price of most goods and services wouldn't change since cost savings would cancel out the tax increase.

    Conservative estimates of economic growth is 10%.

    America would become the business haven of the world, we would likely have more jobs than available people to work them.

    This is a revenue neutral plan that would not require cuts on the government (although I can think of I few.)

    None of us would report our income to the government again.
    A couple of questions...NOT FOR ARGUMENT'S SAKE because most of that sounds good.

    1) How do you tax the drug dealers? Do the courts make them pay taxes on those items? And if so, how? They already paid taxes when they bought the items. Though the money came from ill gotten gains.

    2)Would the tax money every month be in lieu of income tax returns every year?

    3)
    The price of most goods and services wouldn't change since cost savings would cancel out the tax increase.
    What do you mean by this idea? I'm not catching the drift.

    4) And why would we not have to report our income to the govt? If we get a monthly tax return, and they don't know how much we made, how do they know how much to give us?

    Finally: I realize that infrastructure already exists. The problem is that 1,000's of roads, bridges, and dams need repairs that are not being done. This is where the jobs would come in. Another thing they should do is bury all power lines. This would solve the power outage problems from hurricanes and tornadoes. In northern Germany, they have winter storms with winds up to 75 mph. They don't have power outages because they were smart, and bury thier lines. This could create a lot of jobs, by itself. Many European countries have mass transit systems in place, most notably high speed trains. Granted, they aren't as fast as flying, but much more efficient and cheaper (not to mention safer and better for the environment). A mass transit system such as this would create 100,000's of jobs. These things are also known as infrastructure.
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    The Fair Tax is an inclusive national sales tax. By infrastructure I mean for collecting sales tax. The states would collect it and pass it to the feds.

    It would do away with filing income taxes (which drug dealers don't do, or at least they aren't claiming drug sales and paying taxes on them). Since all the tax is collected at the point of sale, when you buy a tv you pay the tax. Regardless of whether you are earning money legally.

    Read the book. It explains the legislation really well (I can't do it justice here). It does give tax breaks to basic necessities to avoid burdening the poor. We would all benefit from this in a huge way.

    There's actually a lot of bipartisan support for it.
    Pleasing nobody, one person at a time.

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    This site explains some problems with the FairTax proposal, from Factcheck.org, a nonpartisan organization that points out problems with proposals by Democrats and Republicans alike:

    FactCheck.org: Unspinning the FairTax

    The Fair Tax proposal is likely to make the middle class and working class people pay a lot more than they currently pay unless basic necessities are exempt from it (in which case the tax on non-necessities would have to be higher--but that wouldn't necessarily be a bad thing, and could be better for the environment).

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    Jenna you are out of your mind. #1 one this is not a Republican or Democratic proposal. Right out of the gate your link changes the FairTax legislation as written to suit its argument. There is a whole book dedicated to debunking what you just said:

    Amazon.com: FairTax: The Truth: Answering the Critics (9780061540462): Neal Boortz, John Linder, Rob Woodall: Books

    And:
    Americans For Fair Taxation: Frequently Asked Questions Answers

    And:
    Americans For Fair Taxation: Frequently Asked Questions Answers

    Or just pick your poison:
    Americans For Fair Taxation: Frequently Asked Questions

    Or for the scholarly types you can take a gander at the cited research:
    Americans For Fair Taxation: The Basics

    But to specifically address the link's 34% claim:

    Scholarly research tells us that . . .
    The FairTax rate of 23 percent on a total taxable consumption base of $11.244 trillion will generate $2.586 trillion dollars $358 billion more than the taxes it replaces. [1]


    [1] Bachman, Paul, Jonathan Haughton, Laurence J. Kotlikoff, Alfonso Sanchez-Penalver, and David G. Tuerck, “Taxing Sales under the FairTax: What Rate Works?” published in Tax Notes, November 13, 2006. Click here to read the full paper.

    Meanwhile, fishing in Russia:

    http://www.youtube.com/watch?v=SkzV5AIK8iM
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    Quote Originally Posted by Jenna View Post
    This site explains some problems with the FairTax proposal, from Factcheck.org, a nonpartisan organization that points out problems with proposals by Democrats and Republicans alike:

    FactCheck.org: Unspinning the FairTax
    Whoever wrote that article hasn't read the book. It's all explained quite well there. Go read it.

    Quote Originally Posted by Jenna View Post
    The Fair Tax proposal is likely to make the middle class and working class people pay a lot more than they currently pay unless basic necessities are exempt from it (in which case the tax on non-necessities would have to be higher--but that wouldn't necessarily be a bad thing, and could be better for the environment).
    Basic necessities are exempt.

    It's all in the book.

    You should actually read the book, and not the spun crap on Daily Kos or Huffington Post because I guarantee you nobody there has actually read it either.
    Pleasing nobody, one person at a time.

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    Quote Originally Posted by Xiphos View Post
    Basic necessities are exempt.

    It's all in the book.

    Actually, nothing is exempt. Everyone is exempt from paying taxes up to the poverty level, hence the name "FairTax". If nothing is exempt then the government is out of the business of picking winners and losers aka a free market place.

    From the FAQ of FairTax.org:

    Why not just exempt food and medicine from the tax? Wouldn’t that be fair and simple?

    Exempting items by category is neither fair nor simple. Respected economists have shown that the wealthy spend much more on unprepared food, clothing, housing, and medical care than do the poor. Exempting these goods, as many state sales taxes do, actually gives the wealthy a disproportionate benefit. Also, today these purchases are not exempted from federal taxation. The purchase of food, clothing, and medical services is made from after-income-tax and after-payroll-tax dollars, while their purchase price hides the cost of corporate taxes and private sector compliance costs.

    Finally, exempting one product or service, but not another, opens the door to the army of lobbyists and special interest groups that plague and distort our taxation system today. Those who have the money will send lobbyists to Washington to obtain special tax breaks in their own self-interest. This process causes unfair and inefficient distortions in our economy and must be stopped.

    Meanwhile, fishing in Russia:

    http://www.youtube.com/watch?v=SkzV5AIK8iM
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    Quote Originally Posted by Five-0 View Post
    Actually, nothing is exempt. Everyone is exempt from paying taxes up to the poverty level, hence the name "FairTax". If nothing is exempt then the government is out of the business of picking winners and losers aka a free market place.
    I know but I really am trying to simplify this and not recreate the wheel here. The basic fact is that there is a mechanism to insure nobody will pay taxes on basic necessities.
    Pleasing nobody, one person at a time.

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    If I lived every day like it was my last, the body count would be staggering.

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