Debt Reduction- Advice On Credit Card Debt Reduction, Debt Reduction Services, And Debt Reduction Plans

Restore America Now asked:


http://www.onecentsolution.org/the-one-cent-solution/

Irish Flansburg

Sincere-Advisor asked:


People though they were electing people who would create jobs and undo the Healthcare Bill (which they perceived to be “distribution of wealth.”) But it seems that Tea Party people are totally focused on debt reduction without raising a dime of taxes on the rich.

Duane Hanis

Wallys Weiner asked:


but only wants more taxes and continued massive federal spending beyond what its means.
I got the keep on spending and tax people more part

Anderson Roussell

Marc Bates asked:


Sarah Palin recently wrote that Obama didn’t learn basic deficit reduction economics at Columbia and Harvard and she did at the University of Idaho.

If she really did take a macroeconomics class, why doesn’t she understand that in order to cut the deficit you have to both cut spending and raise federal revenues (raise taxes)? Huge tax breaks is a major source of deficit spending to begin with.

The original debt reduction plan Democrats proposed would have cut the deficit by an additional 2 trillion, but Republicans refused to raise a single tax bracket for people making $200,000 or more despite the fact that the 400 richest Americans only pay a 15% tax rate.

Misti Boulds

josh asked:


Its obvious that debt reduction doesn’t create jobs. Reagan and Clinton new this. Both former Presidents dealt with the economy first and the debt later. Neither of them tied the two together.

Please no anti Obama/Anti Tea Party Rhetoric.
Lets try to have somewhat of a serious discussion without the politics
@Lib: Im not saying to purposely add more debt. I saying that we should focus on the Economy first. The Economy and our deficit our two separate issues and should not be tied together.
FYI: Its politicians that are tying the two together, NOT economist.

Aubrey Bamforth

Aksel asked:


I don’t get it. Why would the people trying to reduce the debt be responsible for S&P doubting that we’ll ever pay it off? We won’t, and you all know that.

“S&P said it may lower the long-term rating to AA within the next two years if spending reductions are lower than agreed to, interest rates rise or “new fiscal pressures” during the period result in higher general government debt.”

http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html

Sound like the Tea Party’s fault to you? If it does, please take up kindergarten.

You can say “Oh well we need to raise taxes”, but that won’t help. That leads to laying off employees and decreases in spending, both of which hurt the debt more than lower taxes. Besides, the Bush-Obama tax cuts on the richest Americans would only bring in $800 billion over ten years, and that’s the OPTIMISTIC side of it (as in, not taking indirect consequences into consideration).

http://articles.cnn.com/2011-04-21/opinion/cain.obama.honesty_1_health-care-fairy-tale-catwoman/2?_s=PM:OPINION

Also, did anyone think it was funny that the Obama administration tried to convince S&P that their numbers were wrong? I just think it’s funny that they think the company took the idea of a downgrade so lightly as to make a mistake which would change their minds whether or not they downgrade us.
@ Senior Killer: Thanks! Mature response!
“Say something that goes against my ideology and can’t think of a comeback? Well you’re dumb!”
@Lordfrig: “The Tea Baggers could have had 4 trillion in cuts if they went with Obama’s plan. They chose not to and that is why we got downgraded.”
Yea. Obama’s bill went down 98-0 in the Senate because it was fucking ridiculous. Blame the Tea Party for that? Nice try. They’re all in the House of Reps, anyway.
“Time to reread the article, this time try to comprehend what you are reading.”
Okay. I did. Thanks. You’re right. What we SHOULD have done is…well. Well I reread it and I still came up with the same conclusion…I guess I’ll just try the typical liberal tactic of using a well thought out argument to overcome my opponent: “FOX NEWS FOX NEWS SARA PALIN! YOUR A LIAR YOUR DUM!”
@Reiji: ….they just did….
@Last True Phallus of Scatland: Very true. Tea Partiers want to cut the debt because of their ideology. Not because they were afraid that THIS would happen.

Also, Reiji, sorry, I misread what you wrote.
@Ry Guy: No we don’t…the Senate Democrats refused to consider any Republican plans for the debt and repeatedly threatened to table (veto for Obama) anything they proposed.

Btw: Can I have $3,000? No? $2,300? No? $2,000? No? $1,999? No? Sounds like you’re the person of no!
Hint: If you don’t get how this applies, then I’m sorry. It means that you disagree with the idea of giving me money, so you won’t. Sometimes compromise isn’t an option when you’re opponent is asking for such ridiculous things.

Broderick Lavadie

Obama 1 Billion asked:


Obama will get a deal or it will appear as if Republicans were blocking all progress on long term deficit reduction while protecting loopholes for the wealthy and trying to cut medicare completely.

Chuck

Reality has a Liberal bias asked:


“the CBO analysis indicated that Boehner’s measure would bring spending cuts of $850 billion instead of the $1.2 trillion claimed, while it also would increase the debt ceiling by $900 billion. Boehner has pledged that any debt-ceiling increase would be matched by equal or greater spending reductions.”

$350 BILLION. That’s a pretty big lie.

Evan Straight

Carville Said 0bama has no Balls asked:


… to find out what’s in it. Isn’t that what Pelosi and the Dems did with Husseincare/0bamacare?

Chris Colton

cargo pilot III Flyin’ Mayan asked:


I’m having trouble finding President Obama’s debt and spending reduction plan anywhere. What is President Obama’s plan to reduce debt and control government spending and where can it be found?

Alex Barksdale