(October 10, 2012 at 5:41 pm)Tino Wrote: I've explained my reasoning already.
No, you haven't. You've said that you interpret Obama's quote mined speech the way the Romney campaign has presented it even though you are fully aware of the full quote in context. Your explanation is little better than a statement of faith.
Here is the quote again, as it comes from your own post:
Quote:Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business – you didn't build that. Somebody else made that happen.
That you know the full context and still read it the way the Romney campaign wants you to with their quote mined presentation makes me ask if you're being dishonest or willfully ignorant.
Quote:I haven't seen anyone offer a plan that fits this simple description, and it would depend on the state of the economy.This has been Republican economic policy since Reagan. And I should know because I used to believe it. I was once a conservative Republican and then later a Libertarian Republican.
In retrospect, how foolish. Businesses don't hire people or expand simply because they have more money to work with. They do so because they see potential for a return on investment. This is why the windfall the upper 1% have received from the Bush tax cuts resulted in greater income inequity in America but did not spur economic growth.
Quote:I think there is widespread agreement that raising taxes during a weak economy will not increase revenues by more than it loses due to slower economic growth.And here we go. Increasing taxes on the rich = slower economic growth. Thank you. It's been proven untrue but there you go.
Atheist Forums Hall of Shame:
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist