voters will blame GOP if default

netrox · 07-14-2011, 03:09 PM

Certainly good news for Democrats

"A plurality of registered voters said congressional Republicans are to blame in the event the debt ceiling is not raised in a poll conducted by Quinnipiac University from July 5-11.

When asked to whom they would assign responsibility should the limit not be raised, 48 percent of respondents chose the congressional Republicans; 34 percent said they would blame the Obama administration.

These results echo a Pew Research Center poll conducted from June 16-19 which asked the same question as the Quinnipiac poll. According to that survey, 42 percent of respondents said they would blame Republicans in Congress if the debt ceiling were not raised; 33 percent chose the Obama Administration."

Poll: Public Would Blame GOP In Event Of Default

**saywhatkid** · 07-14-2011, 04:44 PM

Geez, what a surprising result.

After all, Republicans are against debt increases. Why would they support giving the green light to more debt?

netrox · 07-14-2011, 09:17 PM

Quote:

Originally Posted by saywhatkid

Geez, what a surprising result.

After all, Republicans are against debt increases. Why would they support giving the green light to more debt?

Wait, do you realize that Bush increased 7 times? And that GOP voted to increase the ceiling... 19 times!

GOP is a hypocrite.

**saywhatkid** · 07-14-2011, 09:32 PM

Quote:

Originally Posted by netrox

Wait, do you realize that Bush increased 7 times? And that GOP voted to increase the ceiling... 19 times!

GOP is a hypocrite.

Maybe they are trying to stop the runaway train of debt. You know, like when your credit card gets close to maxed out, maybe you stop looking on EBay.

**Banjo** · 07-14-2011, 09:43 PM

All I can say is that it's not going to be a pretty sight once the country defaults.

**Smithtr** · 07-14-2011, 10:35 PM

I am surprised it is screw up blame on problem! blame think so wrong way! jeex i surprrised!

Steinhauer · 07-15-2011, 12:58 AM

I am pretty sure if they all would just put a hold on their own paychecks, instead of Social Security, which is needed by a heck of a lot more people than them, they would come up with a resolution a lot more quickly.

kbnyc · 07-15-2011, 05:10 AM

A super cool way to increase tax revenue would be create more jobs by perhaps expanding important programs or spending on infrastructure, unfortunately even though it's a relatively good long term solution it will STILL require a higher debt ceiling and a short term spending burst. Unpopular ideas since everyone is kinda anti spending right now, but should produce good results.

Closing existing tax loopholes as well as reforming the brackets to bring a new top tier (maybe annual income of 500,000+) that pays Clinton-era percentages might be helpful too.

StSapphire · 07-15-2011, 09:33 AM

Won't happen, both Obama and the Republicans will get screwed over if the country actually defaults. They're putting on a stage show and then a week before the "default" might happen, they'll get together and eek out some kind of continuing resolution that will just kick the issue down the road and make everyone forget about the issue for another 12-18 months.

**Banjo** · 07-15-2011, 10:47 AM

Well, Greece did default so who's to say that the USA won't?

**Beowulf** · 07-15-2011, 12:45 PM

Quote:

Originally Posted by Banjo

Well, Greece did default so who's to say that the USA won't?

Massive riots happened in Greece when they defaulted. Who is to say it won't happen here?

JoeyDeafNinja · 07-15-2011, 02:43 PM

I expect it won't happen. Because riots can cause a lot of damages and as result cost a lot of money to restore.

whatdidyousay! · 07-15-2011, 05:13 PM

Quote:

Originally Posted by JoeyDeafNinja

I expect it won't happen. Because riots can cause a lot of damages and as result cost a lot of money to restore.

You're too young to saw what happen after Dr King was killed. I was in Delaware the next day and saw all the damages that done. The people rioting do not care about the damages they cause, there are huge riots done by fans when their team lost a big game! It is too bad people did not feel that way.

**Reba** · 07-15-2011, 07:21 PM

Quote:

Originally Posted by whatdidyousay!

You're too young to saw what happen after Dr King was killed. I was in Delaware the next day and saw all the damages that done. The people rioting do not care about the damages they cause, there are huge riots done by fans when their team lost a big game! It is too bad people did not feel that way.

Also the Watts riots, Rodney King riots, etc. We've had plenty of destructive riots in the USA.

whatdidyousay! · 07-15-2011, 08:19 PM

Quote:

Originally Posted by Reba

Also the Watts riots, Rodney King riots, etc. We've had plenty of destructive riots in the USA.

There was a play in Boston in the late 60's or early 70's called 'Riots,'
it was about a young Black boy that was killed in a riot. My boyfriend was in it.
I can still remember how the poor boy was lying in the a pool of blood in the streets!

darkdog · 07-16-2011, 09:00 AM

Quote:

Originally Posted by netrox

Wait, do you realize that Bush increased 7 times? And that GOP voted to increase the ceiling... 19 times!

GOP is a hypocrite.

Most of them aren't against raising the debt ceiling- they're just against raising it without drastic spending (not some vague promise that probably consists of gimmicks and cuts in the out years that will never happen). Most of the Republicans absolutely opposed to it are newbies who weren't around during the Bush years. Still, it's weak to call it hypocrisy when they were fine raising the debt ceiling when the debt was below $14 trillion but feel uncomfortable doing it at $14 trillion. Besides, with regard to hypocrisy, do you really want to go there?

Quote:

“Increasing America’s debt weakens us domestically and internationally. Leadership means that the buck stops here,” Obama said then. “Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. . . . I therefore intend to oppose the effort to increase America’s debt limit.”

On debt and Libya, it’s President Obama vs. Senator Obama - The Washington Post

And then he voted no.

JoeyDeafNinja · 07-16-2011, 09:08 AM

Wait. He voted no!?!

darkdog · 07-16-2011, 09:13 AM

Quote:

Originally Posted by JoeyDeafNinja

Wait. He voted no!?!

He certainly did.

U.S. Senate: Legislation & Records Home > Votes > Roll Call Vote

JoeyDeafNinja · 07-16-2011, 09:17 AM

Great. No SSI for me >:l

darkdog · 07-16-2011, 09:20 AM

Quote:

Originally Posted by JoeyDeafNinja

Great. No SSI for me >:l

Look at the date. That was 2006 and it passed by 52 votes in the Senate. My point is that he was singing a much different tune even when the debt was much lower.

darkdog · 07-16-2011, 09:33 AM

Quote:

Originally Posted by JoeyDeafNinja

Great. No SSI for me >:l

By the way, just because this thing doesn't pass doesn't mean social security checks won't go out. There will be enough money to pay Social Security and according to Stephen Goss, Social Security's chief actuary, it's up to the treasury department (i.e. the administration) whether or not the checks go out.

**Banjo** · 07-22-2011, 12:08 PM

Right now, it appears that the Americans only have around 2 weeks to come up with a plan or the country will default.

The best solution is probably the one everyone will come to hate. It'll have to be a national sales tax. What else can you do besides making cuts in some places which won't really make that big of a difference? So the NST (National Sales Tax) would be used solely to pay the national debt off.

All of you will have to make sacrifices for the sake of your country or it won't end well. Right now, the deficit equates to 1/10 of the country's GDP. It's mind-blowing that this has gotten this bad.

StSapphire · 07-22-2011, 12:35 PM

Uh... National Sales Tax will never be passed, and wouldn't solve the problem. Knowing the players, though, they'll end up with the Democrats agreeing to cut benefits on aid programs a tiny tiny bit, Republicans agreeing to raise taxes on the rich (or at least the middle class) a tiny tiny bit, and then both say "...and so that we don't ruin the country, we'll raise the debt ceiling by enough that it'll be the next congress/presidents' problem, whoever they may be."

**Banjo** · 07-22-2011, 12:38 PM

Quote:

Originally Posted by StSapphire

Uh... National Sales Tax will never be passed, and wouldn't solve the problem. Knowing the players, though, they'll end up with the Democrats agreeing to cut benefits on aid programs a tiny tiny bit, Republicans agreeing to raise taxes on the rich (or at least the middle class) a tiny tiny bit, and then both say "...and so that we don't ruin the country, we'll raise the debt ceiling by enough that it'll be the next congress/presidents' problem, whoever they may be."

They only can make compromises for so long. Right now, they are beyond the point of no return. It'll happen eventually.

StSapphire · 07-22-2011, 01:27 PM

NST won't be what'll happen, though. It'll either be a dismantling/outsourcing of major functions of the government (Defense, Social Services, Education, etc) or a return of significantly higher tax brackets and tax rates for the higher brackets.

NST is a regressive tax that takes a higher percentage of your net worth/income the lower your net worth/income level is, which amounts to, instead of raising taxes on the rich, raising them on the poor.

**Banjo** · 07-22-2011, 02:01 PM

Quote:

Originally Posted by StSapphire

NST won't be what'll happen, though. It'll either be a dismantling/outsourcing of major functions of the government (Defense, Social Services, Education, etc) or a return of significantly higher tax brackets and tax rates for the higher brackets.

NST is a regressive tax that takes a higher percentage of your net worth/income the lower your net worth/income level is, which amounts to, instead of raising taxes on the rich, raising them on the poor.

Higher tax rates aren't really going to make a difference because they won't be used to pay off the national debt, that's where the sales tax come in. If they want to stabilize the country, they'll have to raise both tax rates and introduce a new sales tax. Otherwise, the country is doomed to go into oblivion.

What did you expect after generations of people with self-entitlement issues? If people think they have it bad, try living in third world countries. If they want to continue living the way they are, they have to make sacrifices.

Oceanbreeze · 07-22-2011, 02:11 PM

Quote:

Originally Posted by Reba

Also the Watts riots, Rodney King riots, etc. We've had plenty of destructive riots in the USA.

I'm too young for the Watts riots and the rioting that happened when MLK was killed (I actually was a newborn), but, I remember when people tore LA apart after the cops were aquitted of beating R.King. What a freakin' mess.

Question: Do you really think the country will default? I don't. I'm thinking along the same lines of someone above here that says that the "11th hr", Congress and Obama will eke out a deal. Meanwhile, they'll keep everyone in suspense and freak people out for the fun of it. *sigh*

**Banjo** · 07-22-2011, 02:14 PM

Quote:

The U.S. situation, according to Mintz, is not unlike what Canada faced in the mid-1990s.

In the 1990s, Canada's net debt to GDP ratio was close to 75 per cent - while the U.S. is sitting at 80 per cent right now. The crisis number - which is where Italy and Greece both are - is 100 per cent.

The solution, as most Canadians know too well, was spending cuts instituted by the Liberal government at all levels, which also caused fiscal drag as a result of public sector and government employees being laid-off.

No one, however, is going to quibble with the result: Canada remains on a strong financial footing compared to most jurisdictions around the world. The key, says Mintz, is to ensure the focus on whittling down existing deficits is not lost so that if another financial crisis erupts Canada will be able to weather another

What is Richardson's prescription for what ails the U.S.?

A combination of spending cuts and higher taxes through tax reform.

And while the notion of increasing taxes remains an anathema to Republicans, especially those of the Tea Party variety, Richardson's analysis shows if the government is to balance the budget by only decreasing spending, it would have to drop spending by 30 per cent. This is clearly out of the realm of possibility.

Read more: Yedlin: U.S. needs more than cuts to solve crisis

People need to take their rose-coloured glasses off and face the reality. The USA is in trouble and not much is being done about it.

**Banjo** · 07-22-2011, 02:15 PM

Quote:

Originally Posted by Oceanbreeze

Question: Do you really think the country will default? I don't. I'm thinking along the same lines of someone above here that says that the "11th hr", Congress and Obama will eke out a deal. Meanwhile, they'll keep everyone in suspense and freak people out for the fun of it. *sigh*

Quote:

In the 1990s, Canada's net debt to GDP ratio was close to 75 per cent - while the U.S. is sitting at 80 per cent right now. The crisis number - which is where Italy and Greece both are - is 100 per cent.

80% is a scary number. People need to stop looking at this as a scaremongering tactic being used by the government and the mainstream media. This is a situation that cannot be averted by merely making some cuts in spending. Hard choices will have to be made.

**Beowulf** · 07-22-2011, 02:16 PM

Quote:

Originally Posted by StSapphire

NST won't be what'll happen, though. It'll either be a dismantling/outsourcing of major functions of the government (Defense, Social Services, Education, etc) or a return of significantly higher tax brackets and tax rates for the higher brackets.

NST is a regressive tax that takes a higher percentage of your net worth/income the lower your net worth/income level is, which amounts to, instead of raising taxes on the rich, raising them on the poor.

The military alone takes more than half of our budget. MORE THAN HALF.
Think about that.

07-14-2011, 03:09 PM	#1 (permalink)
netrox Registered User Join Date: Mar 2003 Posts: 4,780	voters will blame GOP if default Certainly good news for Democrats "A plurality of registered voters said congressional Republicans are to blame in the event the debt ceiling is not raised in a poll conducted by Quinnipiac University from July 5-11. When asked to whom they would assign responsibility should the limit not be raised, 48 percent of respondents chose the congressional Republicans; 34 percent said they would blame the Obama administration. These results echo a Pew Research Center poll conducted from June 16-19 which asked the same question as the Quinnipiac poll. According to that survey, 42 percent of respondents said they would blame Republicans in Congress if the debt ceiling were not raised; 33 percent chose the Obama Administration." Poll: Public Would Blame GOP In Event Of Default

07-14-2011, 04:44 PM	#2 (permalink)
saywhatkid Emerging from the sun Join Date: Oct 2006 Location: In space Posts: 7,242 Blog Entries: 2	Geez, what a surprising result. After all, Republicans are against debt increases. Why would they support giving the green light to more debt? rockin'robin and Steinhauer like this. __________________ "Be faithful in small things because it is in them that your strength lies." ~ Mother Teresa

07-14-2011, 10:35 PM	#6 (permalink)
Smithtr Siberian Husky Join Date: Jun 2006 Location: Canada Posts: 14,645	I am surprised it is screw up blame on problem! blame think so wrong way! jeex i surprrised! __________________

07-15-2011, 12:58 AM	#7 (permalink)
Steinhauer Banned Join Date: Aug 2009 Posts: 8,191 Blog Entries: 1	I am pretty sure if they all would just put a hold on their own paychecks, instead of Social Security, which is needed by a heck of a lot more people than them, they would come up with a resolution a lot more quickly. TWA likes this.

07-15-2011, 09:33 AM	#9 (permalink)
StSapphire Registered User Join Date: Mar 2011 Location: Cincinnati, OH Posts: 1,527	Won't happen, both Obama and the Republicans will get screwed over if the country actually defaults. They're putting on a stage show and then a week before the "default" might happen, they'll get together and eek out some kind of continuing resolution that will just kick the issue down the road and make everyone forget about the issue for another 12-18 months. Oceanbreeze and Warped like this.

Today
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07-14-2011, 09:43 PM	#5 (permalink)
Banjo Expelled Join Date: Mar 2003 Posts: 11,650	All I can say is that it's not going to be a pretty sight once the country defaults.

07-15-2011, 05:10 AM	#8 (permalink)
kbnyc Registered User Join Date: Jul 2011 Location: Queens, NY Posts: 106	A super cool way to increase tax revenue would be create more jobs by perhaps expanding important programs or spending on infrastructure, unfortunately even though it's a relatively good long term solution it will STILL require a higher debt ceiling and a short term spending burst. Unpopular ideas since everyone is kinda anti spending right now, but should produce good results. Closing existing tax loopholes as well as reforming the brackets to bring a new top tier (maybe annual income of 500,000+) that pays Clinton-era percentages might be helpful too.

07-15-2011, 10:47 AM	#10 (permalink)
Banjo Expelled Join Date: Mar 2003 Posts: 11,650	Well, Greece did default so who's to say that the USA won't? netrox and deafskeptic like this.

07-15-2011, 02:43 PM	#12 (permalink)
JoeyDeafNinja Registered User Join Date: Feb 2010 Location: Travelers Rest, SC Posts: 1,269	I expect it won't happen. Because riots can cause a lot of damages and as result cost a lot of money to restore. __________________ Strength and thrown off reason and reality Cut myself and screamed for their insanity Wake up to this nightmare that will never end Main attraction of this twisted master plan I will be your deadman With nothing but this blood on my hands Stuck in your wonderland I wanna make you bleed just like me So make me your deadman With only poisoning in my veins Stuck in your wonderland Stagnated by the passivity I'm gonna make you bleed like me

07-16-2011, 09:08 AM	#17 (permalink)
JoeyDeafNinja Registered User Join Date: Feb 2010 Location: Travelers Rest, SC Posts: 1,269	Wait. He voted no!?! __________________ Strength and thrown off reason and reality Cut myself and screamed for their insanity Wake up to this nightmare that will never end Main attraction of this twisted master plan I will be your deadman With nothing but this blood on my hands Stuck in your wonderland I wanna make you bleed just like me So make me your deadman With only poisoning in my veins Stuck in your wonderland Stagnated by the passivity I'm gonna make you bleed like me

07-16-2011, 09:17 AM	#19 (permalink)
JoeyDeafNinja Registered User Join Date: Feb 2010 Location: Travelers Rest, SC Posts: 1,269	Great. No SSI for me >:l __________________ Strength and thrown off reason and reality Cut myself and screamed for their insanity Wake up to this nightmare that will never end Main attraction of this twisted master plan I will be your deadman With nothing but this blood on my hands Stuck in your wonderland I wanna make you bleed just like me So make me your deadman With only poisoning in my veins Stuck in your wonderland Stagnated by the passivity I'm gonna make you bleed like me

07-22-2011, 12:08 PM	#22 (permalink)
Banjo Expelled Join Date: Mar 2003 Posts: 11,650	Right now, it appears that the Americans only have around 2 weeks to come up with a plan or the country will default. The best solution is probably the one everyone will come to hate. It'll have to be a national sales tax. What else can you do besides making cuts in some places which won't really make that big of a difference? So the NST (National Sales Tax) would be used solely to pay the national debt off. All of you will have to make sacrifices for the sake of your country or it won't end well. Right now, the deficit equates to 1/10 of the country's GDP. It's mind-blowing that this has gotten this bad. jillio likes this.

07-22-2011, 12:35 PM	#23 (permalink)
StSapphire Registered User Join Date: Mar 2011 Location: Cincinnati, OH Posts: 1,527	Uh... National Sales Tax will never be passed, and wouldn't solve the problem. Knowing the players, though, they'll end up with the Democrats agreeing to cut benefits on aid programs a tiny tiny bit, Republicans agreeing to raise taxes on the rich (or at least the middle class) a tiny tiny bit, and then both say "...and so that we don't ruin the country, we'll raise the debt ceiling by enough that it'll be the next congress/presidents' problem, whoever they may be."

07-22-2011, 01:27 PM	#25 (permalink)
StSapphire Registered User Join Date: Mar 2011 Location: Cincinnati, OH Posts: 1,527	NST won't be what'll happen, though. It'll either be a dismantling/outsourcing of major functions of the government (Defense, Social Services, Education, etc) or a return of significantly higher tax brackets and tax rates for the higher brackets. NST is a regressive tax that takes a higher percentage of your net worth/income the lower your net worth/income level is, which amounts to, instead of raising taxes on the rich, raising them on the poor.

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