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wf3h[_2_]

On Sun, 01 May 2011 12:02:30 -0400, wrote:

On Sun, 01 May 2011 01:14:24 -0400, wf3h wrote:

On Sat, 30 Apr 2011 20:55:57 -0400, wrote:

The Bush tax cuts are about a quarter of the deficit (all of the
cuts, not just the $250k people).

gee. and that's exactly what i said. they are the LARGEST component.

Then you are wrong Bob. The tax cut on the $250k+ people is $700
billion over 10 years. The people less than $250k would pick up an
additional $3 trillion over 10 years. The whole nut was $3.7T over 10
years.

WHOA sports fans. the tax cuts included the middle class. the TOTAL
tax cuts amount to over 3.7 TRILLION and THAT is the largest component
of the deficit

AND 700 billion is nothing to sneeze at. the RICH CAUSED this problem
and got a bailout. it's time they paid for the damage they've caused.
why are THEY getting a free ride? why is the right so SOCIALIST??

That is over 10 years. The $1.5T deficit is per year.

If you repeal the whole tax cut (very unlikely) it is still only a
quarter of the deficit, leaving us with a 1.13 trillion problem.

i absolutely agree.

Personally I think we should have let the rich eat the turd they gave
us but everyone said that was going to cause a depression

amazingly enough you're one of the few folks who seems to realize
this. that realization is completely absent in the tea party folks

.. The only
thing that makes that comment suspect is it was former Goldman Sachs
people saying it (the same ones who still advise the White House).
If it was Lehman people dominating the government policy I bet Goldman
would have gone down and Lehman would have been bailed out.

paul krugman also says it. unfortunately i think the 'too big to fail'
mentality has us permanently on the hook to those guys