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Old 12-11-2009, 07:40 PM
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Riot Riot is offline
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Quote:
Lets start with taxes. Please name the tax cuts that we are seeing. What was passed?
C'mon - if you are going to talk about how fiscally irresponsible Obama is, you have to pay attention to what he has done fiscally. Google: Obama tax cut 2009 Most employees got an immediate deduction in their paychecks (cash in pocket) early this year. There are deductions on this years tax form, too. Mortgage, capital gains adjustments. This has been talked about on this board

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Number 2. Obama is 1-9 to let the Bush tax cuts expire.
Okay, you said Obama has been fiscally irresponsible. The above is a guess about the future. We''ll see. But sorry, no, saying he will probably do something doesn't give him credit for having already been fiscally irresponsible.

A blank here. Except for KNS. Good shot at HOY in the $5K and under division

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His first "stimlus" package was $800 billion, mostly wasted. That was his not Bushs'. Here read about his budget...
The first stimulus package kept us out of a depression. You disagree. Draw here.

The budget is not yet passed, so no, you can't use that as something showing his fiscal irresponsiblity, either.

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TARP was a questionable program however if anything is going to be credited with saving us from the imaginary depression, that would be it. Oh yeah Obama wants to spend the rest of that money too despite the law stating that it is to be used for deficit reduction.
Yes, everyone knows that to use, for job creation and small business "stimulus", $50 billion of the $200 billion of the unused TARP funds and the $200 billion so far of the paid-back TARP funds, would take Congressional approval. Yes, he wants to do it, yes, it has to be approved. He can't take the money and do it on the sly

So you think it's fiscally irresponsible to do the jobs/small business stimulus package?

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I like the part where you say he hasnt spent alot of TARP funds. BECAUSE HE ISNT ALLOWED TO!!!! HELLO!!!
No, not talking about the jobs program, talking about TARP funds, TARP program only, funds that are not going to be disbursed into TARP. Bush started the TARP dispersal, Obama is continuing, but he is NOT going to disperse the final $200 billion already approved before he was elected.


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What jobs initiatives have been so successful? Unemployment is still at 10%.
?? Nobody said the jobs initiatives have started yet. Nobody expects unemployment to magically drop to 5% in the next few months. You know about the small business and jobs stuff, you've talked about it here.

So basically, all you have to show how Obama has been fiscally irresponsible is .... the above? And your fear of what he will do in the future?

Not very convincing. He may turn out to be a disaster - and you will be free to say, "I told you so!", but he sure isn't yet. Actually, considering the disaster he walked into, he's doing fine so far.
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