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obama rejects republican deal on fiscal cliff

Posted by Anonymous   + Show Post
Says he will not approve any deal without higher taxes on 250k or higher earners. Repubs say they wont raise taxes on anyone.



If this thing is not fixed. Taxes raise. Social security amounts taken out the check raises. And many other things will be effected: headstart,foodstamps. Going over the fiscal cliff has the potential to put us in a horrible recession.



Agreement and compromise. I don't know why this is so hard for them.
Posted by Anonymous on Dec. 5, 2012 at 8:05 AM
Replies (131-140):
Anonymous
by Anonymous on Dec. 5, 2012 at 4:29 PM
2 moms liked this


Quoting Anonymous:

Yes. And called them the worst generation.

My grandmother died at 82. By her logic she should have been working.

And no generation is worse than current 20-30 something's.the entitled generation


Quoting mstricey:

Did she just say extended retirement to 85 years of age? Wtf...lol apparently somebody has never stepped foot in a nursing home.

The young people of today are terrible.  Their entitlement mentality is disgusting.  I would bet that there have never been more young people on handouts and SSI then ever before.  My generation NEVER for one moment ever though of using the government to live.  We all were dirt poor in college and just dealt with it.  Now college kids are applying for welfare and receiving.  Teens are having babies and depending on others to take care of all of them.  It is just disgusting. I don't know how some of them even get disability at such young ages, because bi polar and anxiey are not reasons to sit on your ass and not work.  They need to cut off the majority of you young ones receiving any kind of assistance, because why should everyone else pay for their poor life choices.   I will say that the older people also had a stronger work ethic , end of story.  I have read so many piss poor reasons that people are on PA on these pages, one of the biggest excuses is they are "entitled" to be  a SAHM even though they cannot afford it. NO , you are NOT entitled and you need to get your ass out and work.  It is no one's fault but your own that you did not plan for a family and wait until you had some money

Anonymous
by Anonymous on Dec. 5, 2012 at 4:31 PM
I agree with Obama.
Anonymous
by Anonymous on Dec. 5, 2012 at 4:55 PM

 Well said Melly. 

Pretty soon the 1% will have all their money and income generating businesses overseas and the only people left will be the middle class and the poor. 

I know this from personal experience.

Quoting mellymel051982:

I have read a few posts that mention that taxes should go up on the highest earners. I have also read that more industries should come back. Here is the problem with those statements:

The industries that have the ability to get our country back on track are also the industries that are being taxed the highest.

Small businesses (businesses with revenues LESS than $10 MILLION) are taxed at the HIGHEST tax rate for indivduals, that's roughly around 40%. It's hard to justify to a small business owner why they should hire anyone, when financially, it doesn't make sense. The larger corporations already know and understand this. This is why they consistently move over seas. You can't blame the companies for moving, you need to blame the government that has made this country's "tax" environment unfriendly to businesses.

There is good reason why a lot of companies have their headquarters in other countries where the tax environment fosters new businesses and creating jobs.

Bottom line is: the US govt doesnt want you to have a job. They want you dependent upon them, so you have no choice but to do as they say, when they say.

 

Anonymous
by Anonymous on Dec. 5, 2012 at 5:00 PM
You must have little in your bank, because if you try to withdraw 1000's they will place a hold on it. Don't believe call them. You're the Delusional one, which isn't shocking octomom.

Quoting Octobersmom:

A bank who does that is breaking the law but since you seem completely deluded and irrational I wouldn't expect you to know that.

Quoting Anonymous:

Call your bank, ask to remove all your money, they will tell you there is a hold on it for 5 days. Why? Because it is tied up in stock and they have to get it. you will be able to get some out, but not all. 

And seriously if you as a middle class income can't do without a 100 increase, you need a budgeting class BAD~!

Quoting Anonymous:

Lmao.



Well my bank account says its there. I budget it. So yes its there.



And sorry. I know a lot about this. A lot. I'm not dumb enough to really believe no one will miss out on 100 dollars they budget for. Idk about you but every penny in my house is accounted for. Never said it would bankrupt us but it will make us rearrange shit.





Quoting Anonymous:

It is make believe on paper money. Seriously it is a number placed on your check, do you actually hold the cash before giving it back to the govt no! I know more than you will ever understand, I have gone from being a homeless single mom to where I am today with hard work. Not waiting on someone else to take care of me. Cash and value doesn't matter on paper, it matters when it is IN your hands physically. Even money in the bank doesn't matter until it is in your hands. That was the problem in the Great depression, when the banks collasped so did all that money people had in the banks, why because it was written that they had that money when there was nothing backing it up. So what if an extra $100 will be gone, it wasn't in my hands to begin with so it really didn't exist 

Quoting Anonymous:

Make believe money??



This isn't just a tax time thing



Your monthly paychecks will be affected.



100 gone a month is a huge chunk of change and since I cash that check every week I can assure you that money is very real.







I'm shocked at how little some of you know about this.









Quoting Anonymous:

Apparently I can manage just fine on 35k a year for a family of 6, if you will go bankrupt on an extra 100 a month of make believe money you never see until the end of the year in the first place then you( general ) would need to learn to budget. Of course Congress and the President are using scare tactics, they want to make the other party look bad for 2014 mid term elections. Instead of campaigning and taking Christmas off they should be there working for their 200k year salary to get something passed, and taxing the rich we have done that before and are still in the same problem, OVER SPENDING. If we tax the rich they WILL move overseas, then where is that extra money they are counting on? That is like making 20k a year, expecting a raise from your employeer and doing a huge spending spree. You cut out expenses while hoping for a raise, not SPEND more. 


The rest of my rant is that people are taking more than they ever placed in, that IS the problem. 

Quoting Anonymous:

Do you even understand the fiscal cliff? Most people still rely on that nearly 100 dollars a month. You know rising utility, food and gas prices.

















This will put us back into a recession. even those in Congress and the president admit to how they need to keep us from going over.











Idk about you but idk many people who use 100 of their paychecks to buy TVs.





And the rest of your rant made no sense.and I don't know why you're saying you. I don't get foodstamps or Eic.



























Quoting Anonymous:

So what, instead of running out getting a new game or big screen tv you'll have to learn to live within your means. It will just come out of your EIC at the end of the yr. We need this, it is the only way to get our country back, but I guess you'd rather place this burden on the future. As for the bum hippy, anti govt elderly, instead of burning flags, throwing poop at troops and living on woodstock, they should've been contributing to the country in jobs. They will pull more than they ever placed into the system. Retirement age should be extended on them immediately, up to 85 yrs old. They are far from the great generation, they are the worst generation.











Quoting Anonymous:

This wont just affect those on foodstamps.















Your taxes will go up. Almost 100 more a month gone. 100 more a month you're use to.







The elderly who depend on Medicare. Well Medicare will see cuts so that affects them















This effects everyone.



















Quoting Anonymous:

People need to stop believing everything they read and learn to stand on their own two feet. The prices changed that much and no one needs 10k + on tax rebates and 1200 in monthly fs, I feed 6 on 300 a month, and live fine off 35k a yr.















Quoting Anonymous:

Well then everything Americans have to buy need to revert back to 90s prices. Economists have said it will put us in a recession.























Quoting Anonymous:

So what, the suggestion of going back to the 1990's spending and taxes across the board won't kill the US. Maybe we will prosper again as we did during the 90's. But so many can't give up their hand outs.




























Anonymous
by Anonymous on Dec. 5, 2012 at 5:05 PM
We were heading for a financial disaster and now that Obama got re-elected it's going to happen, I guess the I told you so's were right. and I was one of them.
Anonymous
by Anonymous on Dec. 5, 2012 at 5:08 PM
So much for The American Dream, thank you Mr. Obama, thanks for nothing!
elijahXmom
by on Dec. 5, 2012 at 6:14 PM

because there a lot of money for 3rd parties on the line.

la_bella_vita
by Bella on Dec. 5, 2012 at 6:22 PM

 : (

Shull87
by on Dec. 5, 2012 at 6:54 PM

 Obama sucks! Always has always will

othermom
by Ruby Member on Dec. 5, 2012 at 7:33 PM

It is sad that they can't come to some sort of compromise. Some things need to be cut. Some taxes may need to be raised some too. But doing nothing is not going to be good.

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