ClydeR
09-19-2011, 11:49 AM
I just listened to Obama's speech on his deficit reduction proposal to the Congressional committee established by the debt ceiling deal.
Paul Ryan was right about it being class warfare.
Representative Paul D. Ryan, chairman of the House Budget Committee and a leading proponent of cutting spending on benefit programs like Medicare, said the proposal would weigh heavily on a stagnating economy.
On “Fox News Sunday,” Mr. Ryan said it would add “further instability to our system, more uncertainty, and it punishes job creation.”
“Class warfare,” he said, “may make for really good politics, but it makes for rotten economics.”
More... (http://www.nytimes.com/2011/09/19/us/politics/obama-plan-to-cut-deficit-will-trim-spending.html)
[VIDE0=youtube;lsTyHU65AUI]http://www.youtube.com/watch?v=lsTyHU65AUI[/VIDEO]
The tax system should reward good productive people, like it does now by giving them a lower taxes than average people. If you take away the tax break for being successful, you ruin the country.
Paul Ryan was right about it being class warfare.
Representative Paul D. Ryan, chairman of the House Budget Committee and a leading proponent of cutting spending on benefit programs like Medicare, said the proposal would weigh heavily on a stagnating economy.
On “Fox News Sunday,” Mr. Ryan said it would add “further instability to our system, more uncertainty, and it punishes job creation.”
“Class warfare,” he said, “may make for really good politics, but it makes for rotten economics.”
More... (http://www.nytimes.com/2011/09/19/us/politics/obama-plan-to-cut-deficit-will-trim-spending.html)
[VIDE0=youtube;lsTyHU65AUI]http://www.youtube.com/watch?v=lsTyHU65AUI[/VIDEO]
The tax system should reward good productive people, like it does now by giving them a lower taxes than average people. If you take away the tax break for being successful, you ruin the country.