Obama: wealth redistributor

[Mormon Red Death]

Originally Posted by ChinoCoug

So raising the top rate from 31% to 39% isn't redistributing wealth then? In that case, tell your conservative buddies on here to stop whining.

Increasing the tax rate is not redistributing the wealth its just bringing in more revenues. To REDISTRIBUTE means to spend those increased revenues.

Originally Posted by ChinoCoug

Obama has proposed the deepest cuts in discretionary spending ever.

March Budget deficit sets record of 192 Billion. http://news.yahoo.com/s/ap/20090410/...federal_budget

uhh its still a deficit and not a balanced budget.

Originally Posted by ChinoCoug

Is that why Clinton's budget passed without a single Republican vote? The article says Clinton's budget actually projected a deficit. Well, that's what he promised. He ran promising to cut the deficit in half. By the time he ran for re-election, the deficit was reduced by 60%.

Again reducing the deficit by 60% is not a balanced budget you still have 40% left.

Lets see a budget proposal that ran a deficit was not supported by republicans in congress. Thanks for proving my point.

[ChinoCoug]

Originally Posted by Mormon Red Death

Increasing the tax rate is not redistributing the wealth its just bringing in more revenues. To REDISTRIBUTE means to spend those increased revenues.

Clinton spent those revenues on tax cuts for those making <30K and by expanding the EITC.

Again reducing the deficit by 60% is not a balanced budget you still have 40% left.

Lets see a budget proposal that ran a deficit was not supported by republicans in congress. Thanks for proving my point.

Depends what you mean by balanced budget...time the money was budgeted or collecting more tax revenue than expenditures. I have a feeling we'd be arguing the definition like we are doing socialism.

But anyhow, crediting the Republicans with a balanced budget is, well, impossible when you also argue there was never a balanced budget.