President Obama picks UT over SDSU

[droski]

"In the long run the health care would save us trillions"

whaaaaaa?

 

[volfanjustin]

I second that brother. In the long run the health care would save us trillions, but in our already unstable economy it is likely to push it farther over the edge.

No way does this save us any money at all, it will cost jobs and put us further in debt. The CBO may show a savings in the first 10 years because they are collecting taxes for 4 years before they pay any in benefits. This will cost us trillions.

 

[droski]

you clearly dont' understand we're saving money by taxing the rich more. no downside to that!

 

[MG1968]

Post-war economic expansion - 'Golden Age of Capitalism', and the New Deal among other periods.

Keynes was against structural deficits. Obama's now stands at somewhere north of 1.2 trillion. If you truly believed in Keynesian principles, you would be against most of Obama's agenda.

 

[NewToVolCountry]

I'm not a fan of the health care bill, but I am saying it would drastically reduce the federal budget deficit. At the rate right now, China will own us in a few years. Something needs to be done to figure out a way to get us headed in the right direction. If it means tax increases, well that is ok for now because I will be in college for the next twelve years. We can reconsider tax breaks once I get out.

 

[droski]

you are ignoring the drag higher taxes has on the economy and therefore on the federal deficit. and that is going by the rather dubious assumption that the costs also haven't been drastically underestimated.

 

[T-TownVol]

I second that brother. In the long run the health care would save us trillions, but in our already unstable economy it is likely to push it farther over the edge.

?

 

[T-TownVol]

you are ignoring the drag higher taxes has on the economy and therefore on the federal deficit. and that is going by the rather dubious assumption that the costs also haven't been drastically underestimated.

the info that the CBO was given to score:
assumes growth of 3.6% every year for the next 10.....no way in hell
it also holds inflation at 0....no way in hell

 

[NewToVolCountry]

?

I'm sorry I meant bajillions.

 

[MG1968]

I'm not a fan of the health care bill, but I am saying it would drastically reduce the federal budget deficit. At the rate right now, China will own us in a few years. Something needs to be done to figure out a way to get us headed in the right direction. If it means tax increases, well that is ok for now because I will be in college for the next twelve years. We can reconsider tax breaks once I get out.

let's hope that in your upcoming 12 years of college you learn something about economics.

 

[T-TownVol]

I'm sorry I meant bajillions.

so, you were being sarcastic when you said it would "save" money in the long run?

that is not how you are coming across

 

[volfanjustin]

let's hope that in your upcoming 12 years of college you learn something about economics.

He may not have to worry about it, I don't think this country will exsist they way we have known it.

 

[bam15]

the new deal was the single worst piece of legistlature ever passed in this country. why do you think we are trillions in debt?

According to you.

It's funny - when your idol got in office the debt went off the charts.

 

[bam15]

Keynes was against structural deficits. Obama's now stands at somewhere north of 1.2 trillion. If you truly believed in Keynesian principles, you would be against most of Obama's agenda.

That's hilarious.

 

[TrueOrange]

Well on the original thread topic: he's 24-7 in the first round currently

 

[bam15]

Well on the original thread topic: he's 24-7 in the first round currently

Not too shabby.

 

[MG1968]

That's hilarious.

it's also true, but I've noticed that you're not real big on facts