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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 (31-40):
Anonymous
by Anonymous 1 - Original Poster on Dec. 5, 2012 at 9:21 AM
For someone earning 3500 a month its 53 more a month toward social security. That doesn't include the raise in the federal tax. So yes for a earner of nearly 4k a month like me its around 100 a month.

And I know what the cuts are. We are in a time though where its going to tailspin us down if we don't keep them in place. Many people depend on that extra money they've had for almost 8 years


Quoting Not_A_Native:

This is revertig the tax rates to what they were prior to the Bush cuts, which are expiring.  It's not "$100 a month" - yes, it is for SOME people, but those are typically the higher wage earners.  We would, indeed, pay MORE than that.  We have already fallen OFF the fiscal cliff - our country owes a ton of money, and it's rising every day.  We spent a fortune we didn't have in Iraq and Afganistan.


Changes need to be made - the retirement age needs to be raised (it was set at 65, when the average lifespan was just over that).  Social security payments need to stop for those earning over $100K or so a year.  Entitlement programs need to be changed drastically.  Just like a family that has run up a huge debt and doesn't have enough money coming in, we need to bring in more money, and quit spending as much.  We as a country bring in money in taxes, and spend money - well, we spend it on everything.


As far as the previous poster talked about the "greatest generation", that was indeed MY parents - the depression era kids, who are now in the 80's and such.  I'm part of the boomer generation, and most of those my age do NOT collect any type of "entitlement", other than social security, which we have paid into most of our lives.  Many of us are too young to actually be the "woodstock" generation (I was a young teenager), and I entered the workforce at a time of 17% inflation, much higher than it is now.  I also enttered the workforce at a time of high unemployment.  "We" invented the tech industry, which has now become THE industry to be in - and we were there at the beginning, where 100 hour weeks were not just normal, but expected.  We WANTED to work.  And we knew the time was coming where education was incredibly important, we got that education, we worked hard, we delayed having families, and we had fewer kids.


Anonymous
by Anonymous 2 on Dec. 5, 2012 at 9:22 AM

Actually I have worked as a CNA in a nursing home, guess what your kids will never retire because we owe 16Trillion in debt the interest alone is more than most make in one year daily. Can you not understand that number, if people have a hard time paying off a few 1000's in credit card debt, it is near impossible to pay that off without major cuts. The retirement age is already 72, 85 will be within the next few years. We have enjoyed spending and our kids will be burdened with our selfishness. 

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.


Anonymous
by Anonymous 2 on Dec. 5, 2012 at 9:26 AM

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.






















mstricey
by Gold Member on Dec. 5, 2012 at 9:26 AM
She was a Nurse until she turned 50. Then she was diagnosed with breast cancer and stopped working. Then she fostered myself and my cousins so she never went back to work. She beat breast cancer only to end up with alzheimers.


Quoting Anonymous:

sorry for your grandma, how much did she work and put into what she is taking out? My own mom has never worked a day in her life, bumming from man to man to support her. Much of her generation did that, while their parents worked way into their 70's. It is because of the baby boomers that the age was raised to 72 for retirement. Plus SS is a supplement program, not supposed to be retirement.

Quoting mstricey:

My grandma is 67 and has alzheimers... She will probably be dead within the next 5 years.





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.






Posted on CafeMom Mobile
UgtaBkdnMe
by on Dec. 5, 2012 at 9:27 AM

If we go over the fiscal cliff taxes go up anyway. Congress is so stupid.

Anonymous
by Anonymous 6 on Dec. 5, 2012 at 9:28 AM

I say we fall over the cliff Dec. 21, 2012. Not the end of the world, but the end of the world as we know it.

kaykaymomi10
by Platinum Member on Dec. 5, 2012 at 9:28 AM
Please stop arguing with blue she was a cna that speaks a lot you are just wasting your time.


Quoting Anonymous:

For someone earning 3500 a month its 53 more a month toward social security. That doesn't include the raise in the federal tax. So yes for a earner of nearly 4k a month like me its around 100 a month.



And I know what the cuts are. We are in a time though where its going to tailspin us down if we don't keep them in place. Many people depend on that extra money they've had for almost 8 years




Quoting Not_A_Native:

This is revertig the tax rates to what they were prior to the Bush cuts, which are expiring.  It's not "$100 a month" - yes, it is for SOME people, but those are typically the higher wage earners.  We would, indeed, pay MORE than that.  We have already fallen OFF the fiscal cliff - our country owes a ton of money, and it's rising every day.  We spent a fortune we didn't have in Iraq and Afganistan.



Changes need to be made - the retirement age needs to be raised (it was set at 65, when the average lifespan was just over that).  Social security payments need to stop for those earning over $100K or so a year.  Entitlement programs need to be changed drastically.  Just like a family that has run up a huge debt and doesn't have enough money coming in, we need to bring in more money, and quit spending as much.  We as a country bring in money in taxes, and spend money - well, we spend it on everything.



As far as the previous poster talked about the "greatest generation", that was indeed MY parents - the depression era kids, who are now in the 80's and such.  I'm part of the boomer generation, and most of those my age do NOT collect any type of "entitlement", other than social security, which we have paid into most of our lives.  Many of us are too young to actually be the "woodstock" generation (I was a young teenager), and I entered the workforce at a time of 17% inflation, much higher than it is now.  I also enttered the workforce at a time of high unemployment.  "We" invented the tech industry, which has now become THE industry to be in - and we were there at the beginning, where 100 hour weeks were not just normal, but expected.  We WANTED to work.  And we knew the time was coming where education was incredibly important, we got that education, we worked hard, we delayed having families, and we had fewer kids.



Posted on the NEW CafeMom Mobile
Anonymous
by Anonymous 2 on Dec. 5, 2012 at 9:29 AM

Because the baby boomers were so productive during the 60's and 70's. Their drugs, burning bras and bumming on society. I know far to many of those flower children, they disgust me. My Aunt has even apologized for her generation. They take more than they ever placed into the society. FACT not crazy, the average senior right now will take more than they placed into SS and medicare. 

Quoting msjaxon:

The crazy came to this post early.

Living on Woodstock? Lmao


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 7 on Dec. 5, 2012 at 9:32 AM

I'm ot shocked at all - we have a very lazy electorate - they don't bother educating themselves on the realities.    They just sit and nod their and follow the distractions the media throw at them ......

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 8 on Dec. 5, 2012 at 9:33 AM
1 mom liked this

why shouldn't the rich have to pay more in taxes.  they should pay a ton more.  middle class already pay plenty in taxes

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