Comments about ‘Boehner: Debt panel can start on major tax changes’

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Published: Thursday, Sept. 15 2011 7:25 p.m. MDT

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Brother Chuck Schroeder
A Tropical Paradise USA, FL

Just who is the Washington Economic Club?. The National Economists Club encourages the exchange of ideas on economics, business, and policy through meetings featuring high-profile speakers. Members, mostly from around the nation's capital, hail from business, government, academe, nonprofits, and international organizations. Luncheons, receptions, and other events are also designed for socializing and networking. NEC is affiliated with the National Association for Business Economics, is nonpartisan, and takes no policy positions. Just as his early May address before the Economic Club of New York kicked off the debate over raising the countrys debt ceiling over the summer, Boehners remarks were meant to set the stage for the current negotiations with the White House over the handling of the debt and unemployment crises. Boehner did not issue a sweeping jobs plan in the same manner that Obama did last week, but many of the proposals were repackaged from similar offerings made in recent years. Congressional deficit supercommittee charged with finding ways to reduce the U.S. deficit by $1.5 trillion: No Koch Brother's tax increases?.


continued

Brother Chuck Schroeder
A Tropical Paradise USA, FL

continued Part II

My worry is that for American job creators, all the uncertainty is turning to fear that this toxic environment for job creation is a permanent state.

Job creators in America are essentially on strike.

The problem is not confusion about the policies the problem is the policies.

The anger many Americans have been feeling in recent years is beginning to turn into fear. . .fear of our future.

That bothers me, and it should bother all of us.

America is a land of opportunity. Always has been.

Our economy has always been built on opportunity on entrepreneurs, innovators and risk-takers willing to take a chance because theyre confident if they work hard, they can succeed.

Over the past few years, government has made people less confident not more confident -that they can succeed.

More and more Americans are realizing this, and theyre speaking out about it.

Brother Chuck Schroeder
A Tropical Paradise USA, FL

continued Part III

HOGWASH Remarks by House Speaker John Boehner (R-OH)
Economic Club of Washington, DC
As Prepared for Delivery
September 15, 2011

President Rubenstein, members of the board, honored guests -- thank you for the opportunity to be here with you today to talk about jobs and the state of our nation's economy.

We all know the economy is stalled, and its been stalled. And it's not because the American people have lost their way. It's because their government has let them down.

Last week the president put forth a new set of proposals. The House will consider them, as the American people expect. Some of the presidents proposals offer opportunities for common ground.

But let's be honest with ourselves. The president's proposals are a poor substitute for the pro-growth policies that are needed to remove barriers to job creation in America the policies that are needed to put America back to work.

If we want job growth, we need to recognize who really creates jobs in America. It's the private-sector.

This building is named in memory of President Ronald Reagan, who recognized that private sector job creators are the heart of our economy.

Moderate
Salt Lake City, UT

They're not going to accomplish anything.
Hello, automatic cuts.

JoeBlow
Miami Area, Fl

I am fine with all the calls to "overhaul" the tax code.

But, when it's all said and done, we still need to collect revenue.

And, we need to collect just as much or more than we currently do.

So this will really just turn into a fight about who pays more taxes.
Closing loopholes? The GOP will call that a tax increase.
Simplifying the tax code? The Accountant lobby will pay (bribe) congress to keep it complicated to protect their golden goose.
Make everyone pay something, the Dems will have a fit.

I am confident that nothing significant will be accomplished.
Why? Because in today's world "compromise" is a dirty word.

Business as usual.

lost in DC
West Jordan, UT

If the bridge needed work because of overcrowding, why wasnt it fixed in the original porkulus? Because too much of the original porkulus went to things such as special ed, research on insects' sex lives, $300 million to BP, and unemployment benefits, which have nothing to do with stimulating the economy.

The republicans natural instinct is not to engage in cooperation? This attack from the campaign that has launched its own attackwatch web page? I guess they dont intend for anyone to notice that they have the more vicious attack dogs.

xscribe
Colorado Springs, CO

@Lost: The "porkulus" as you call was used by the states to pay off debt instead of its intended use of fixing and building infrastructure, which would have fixed the bridge and put people back to work. The states paying off their debt is not such a bad thing, but it's not what the money was intended for. And, yes, I'm sure there were monies used for controversial things, but that has happened for a very long time.

Rifleman
Salt Lake City, Utah

Re: xscribe | 8:32 a.m. Sept. 16, 2011
"The states paying off their debt is not such a bad thing"

When was paying off debts ever a bad thing? People without debt can invest their money into savings instead of giving it away in interest. The same economics that apply to individuals also apply to states and governments. Just ask Greece.

JoeBlow
Miami Area, Fl

"When was paying off debts ever a bad thing?"

It is not. I hope that if provisions are made to insure that any increase in taxes will only go to paying debt while not incurring more, that the T Party and the GOP will not be adverse to the idea.

What is the chance of that? Not a bad idea since paying off debt is NEVER a bad thing.

Hellooo
Salt Lake City, UT

The government does not need to raise tax rates on anyone to collect more revenue. Such rehetoric is just a "strawman argument" for partisan purposes. If revenue to the Federal government is to a large extent based on personal employee taxes, which is why Mr. Obama insists on destroying the funding base of Soc. Sec. as a means to encourage companies to hire. A bad solution that will not work. If one person goes to work it has two impacts. First, it reduces government expense that is being paid to the person from various sources like unemployment, job training, food stamps, etc. Second, it adds revenue from employment taxes and if the wages are high enough from income taxes. No increase in the tax rates, but the budget deficit is reduced. So, what gets people back to work certainly not the President's "American Jobs Act", which does not really exist as it has not been submitted for legislation in any form. This is all just more election rehtoric by the administration to drum up the base without doing one concrete thing for the economy and blame the rich for the administration's failures to produce economic viability and tax revenune.

JoeBlow
Miami Area, Fl

Can you imagine the size of Deficit under Reagan if the tax rate had been what it is today?

Those of you who feel that we can cut spending to a balanced budget, I implore you to list SPECIFIC programs that you would cut to get us balanced.

Typically, people pick the low hanging fruit, which is a great start, and then stop there. They say, "I quickly cut this much money. See how easy it is?"

So, Lets hear what you will cut or curb to get to a balanced budget.

IF, and that is a big IF, you can actually get there, I doubt a majority in EITHER party would vote for it.

But, lets see your attempt. I sincerely doubt that anyone will even try.

xscribe
Colorado Springs, CO

Rifleman: Don't recall saying it was a bad thing; merely pointing out the fact that that is not what the money was to be used for. Debt is what got us into this mess, not state or federal debt, but personal debt!

Rifleman
Salt Lake City, Utah

Re: JoeBlow | 10:23 a.m. Sept. 16, 2011

Intelligent people budget and don't spend money they don't have while the less educated think pay day check loan companies are the way to go.

No one ever accused the federal government of having any common sense. The only good news it is some future generation who is going to have to pay back all the money we're flushing down the toilet today.

JoeBlow
Miami Area, Fl

Yes Rifleman,

And both Republicans and Democrats have been flushing that money at a staggering rate. I just wish you could see how bad both sides are at doing it.

And, that money that our future generations will have to pay back also included the wars.

And, you have proven that it is easier to talk about "paying off the debt" as a talking point than to actually put forth a plan. (I notice you didn't even try)

The ole "we dont have a taxing problem, we have a spending problem"

I have YET to see anyone who utters that line, to show how the deficit can be eliminated with spending cuts.

But, hey, it sure sounds good.

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