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President Obama Re-Elected - Page 851

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Hey guys! We'll be closing this thread shortly, but we will make an American politics megathread where we can continue the discussions in here.

The new thread can be found here: http://www.teamliquid.net/forum/viewmessage.php?topic_id=383301
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
October 17 2012 02:30 GMT
#17001
On October 17 2012 11:29 {CC}StealthBlue wrote:
Obamacare is the reason for outsourcing?


He wants to kill employer motivated health insurance, I guess, despite that being the way America has been insured as the 30s.
TheRabidDeer
Profile Blog Joined May 2003
United States3806 Posts
October 17 2012 02:30 GMT
#17002
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'

china has been artificially keeping the value of their dollar low
DarkPlasmaBall
Profile Blog Joined March 2010
United States45351 Posts
October 17 2012 02:30 GMT
#17003
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


Oh you know...

Money magician.
Dinero diddler.
Currency manipulator.
"There is nothing more satisfying than looking at a crowd of people and helping them get what I love." ~Day[9] Daily #100
sam!zdat
Profile Blog Joined October 2010
United States5559 Posts
Last Edited: 2012-10-17 02:32:08
October 17 2012 02:31 GMT
#17004
On October 17 2012 11:30 BluePanther wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it.


It's to keep import prices high in China so that the Chinese won't buy things and they can encourage a trade surplus

(I think that's changing though)
shikata ga nai
killerdog
Profile Joined February 2010
Denmark6522 Posts
October 17 2012 02:31 GMT
#17005
On October 17 2012 11:30 BluePanther wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it.


I thought that while they used to be really undervalued (up to 40%) they are actually barely undervalued anymore due to the economic crises elsewhere and growth in china. I remember reading several articles talking about how china was losing a lot of outsourced manufacturing jobs to neighbouring countries because of this.
turdburgler
Profile Blog Joined January 2011
England6749 Posts
October 17 2012 02:31 GMT
#17006
i love how in every western country, the talk is about how "we cant compete with china on cheap wages, so we need higher education to do the top end jobs, that use produce from china, turn it in to something better, and sell it on.

in america, we need to fuck the kids at the end of high school, bring back all the shitty manufacturing jobs, and throw the idiot kids in to crappy jobs.

but luckily since we dont want you to pay for healthcare, you will think you can afford to work a shitty job, until you get cancer then you can fuck off and die.

cLAN.Anax
Profile Blog Joined July 2012
United States2847 Posts
October 17 2012 02:31 GMT
#17007
Gah. First half was wonky, but his second half was strong. Le's see what the Pres. has to say....
┬─┬___(ツ)_/¯ 彡┻━┻ I am the 4%. "I cant believe i saw ANAL backwards before i saw the word LAN." - Capped
Leporello
Profile Joined January 2011
United States2845 Posts
October 17 2012 02:31 GMT
#17008
On October 17 2012 11:27 joon wrote:
Show nested quote +
On October 17 2012 11:23 Leporello wrote:
Romney's answers regarding his tax policies were disgusting.

This is a completely dishonest man. He says in one sentence he's just reducing rates across the board, then he says he's just reducing taxes for middle income -- he's not going to give the rich tax cuts, oh no, "I counter that with deductions".

But the woman who asked the question named some of those deductions in her question -- things like the Tax Benefits for Education deductions. The woman's question contained more specifics regarding these deductions than Romney's answer!!!

Barack counters by asking Romney, where is the math -- how do you pay for these across-the-board tax cuts, and how are they not a tax cut for the rich? He comes back with more simplistic lies -- I'm just cutting taxes for middle class families. No specifics, just a simple lie.

Republicans really've shown the concept of governance is just a game to them by electing Mitt Romney as their candidate. This is a true do-anything, say-anything SOB. This is a man who can not answer simple questions with any specifics, no matter how hard pressed into doing so. He wants to cut the Estate Tax, and he'll look at all of us and say he isn't planning to cut taxes for the rich. He can not represent his own policies truthfully -- he contradicts himself in a matter of seconds. Most Republicans will admit to their "trickle down" policies, Mitt Romney instead just pretends to be something else. Does this not disgust his own base??? No, they apparently like seeing their policies misrepresented as something almost progressive.

The guy is a true snake who really has appealed to the sound-bite generation in this debate. His whole answer on economic policy was "Don't look at my specifics, just let me tell you I'm not cutting taxes disproportionately for the wealthiest and will somehow pay for the decreased revenue by closing loopholes that don't exist."

A lot of these tax deductions that Romney is going to close aren't even for the wealthy. The tax benefits for education are something completely designed to help the lower and middle class, and those are deductions that Romney has targeted for closing. The lady even mentioned it in her question, and he just completely ignores it and talks about the middle class.

TL;DR
The truth is Romney's tax cuts will benefit the wealthy, and will result in much less revenue for the government, increasing deficits. The few deductions Romney has admitted to targeting for closing are deductions that are useful for all Americans in all tax brackets. Everything Romney said tonight about his tax policies was a complete, total, shameless fucking lie.

romney's tax cuts will benefit the wealthy? it seems to me like you got a pretty fucking skewed idea of what wealthy is. he wants to help the small business' that the US depends on because they're failing. thats a fact, smalls business around the world would go out of business before you could blink if obama implemented HIS tax plan. its not romney thats the "complete, total, shameless, fucking lie its obama.



Romney didn't answer that woman at all. The question was asked of Romney -- did he name one deduction? One loophole? People keep asking him, and he just gives the same rhetoric you give me.

I'm sorry, but rhetoric is rhetoric. Instead of adding to it, do Romney a favor and tell us how he is going to pay for across-the-board tax cuts, and ending the Estate Tax?

Across-the-board tax cuts include the wealthy. When you cut taxes by flat percentages, the wealthy benefit the most by a disproportionate margin. But what, you want to pretend otherwise?
Big water
xDaunt
Profile Joined March 2010
United States17988 Posts
October 17 2012 02:31 GMT
#17009
On October 17 2012 11:30 DarkPlasmaBall wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


Oh you know...

Money magician.
Dinero diddler.
Currency manipulator.

Dinero diddler should be the official label applied to currency manipulators from here on out.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 17 2012 02:31 GMT
#17010
On October 17 2012 11:30 jdseemoreglass wrote:
Show nested quote +
On October 17 2012 11:29 {CC}StealthBlue wrote:
Obamacare is the reason for outsourcing?

Obamacare does increase outsourcing, since it increases costs on employers hiring Americans.


And Romney did the same in MA...
"Smokey, this is not 'Nam, this is bowling. There are rules."
Ventris
Profile Joined December 2011
Germany1226 Posts
October 17 2012 02:31 GMT
#17011
On October 17 2012 11:29 Deathmanbob wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


idk but i dont think it does anything good.

It ruins the US Relations with China and makes Romney look strong. And lol at mentioning Germany in the same argument as India and China.
TotalBalanceSC2
Profile Joined February 2011
Canada475 Posts
October 17 2012 02:31 GMT
#17012
On October 17 2012 11:29 farvacola wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'

It practically means nothing. Figuratively it allows one to dance amongst the clouds of foreign economic policy excellence.


The US manipulates its currency as well when it chooses to print money. Practically every country with fiat could be called this. China however is known for being rather aggressive with trying to keep their currency at a level they like.
m4inbrain
Profile Joined November 2011
1505 Posts
October 17 2012 02:32 GMT
#17013
Doubling the exports, thats quite a goal.
TheSwedishFan
Profile Blog Joined July 2012
Sweden608 Posts
October 17 2012 02:32 GMT
#17014
On October 17 2012 11:30 TheRabidDeer wrote:
Show nested quote +
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'

china has been artificially keeping the value of their dollar low

They have dollar in China?
"Suck it" - Kennigit 2012
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
October 17 2012 02:32 GMT
#17015
the idea that romney cares about american workers is so absurd i dont know where to start with this.
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
BluePanther
Profile Joined March 2011
United States2776 Posts
October 17 2012 02:32 GMT
#17016
On October 17 2012 11:31 killerdog wrote:
Show nested quote +
On October 17 2012 11:30 BluePanther wrote:
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'


they toy with their currency to gain favorable exchange rates or something. I've read the stuff on it before, it's blatant and real. I don't know the specifics though, so I can't comment too much about it.


I thought that while they used to be really undervalued (up to 40%) they are actually barely undervalued anymore due to the economic crises elsewhere and growth in china. I remember reading several articles talking about how china was losing a lot of outsourced manufacturing jobs to neighbouring countries because of this.


I can't comment on that. I know they abuse what they can though -- and still do.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
October 17 2012 02:32 GMT
#17017
The Apple Store in China -.-
"Smokey, this is not 'Nam, this is bowling. There are rules."
sam!zdat
Profile Blog Joined October 2010
United States5559 Posts
October 17 2012 02:32 GMT
#17018
we can compete if...

WE TREAT OUR WORKERS LIKE THE CHINESE DO! LOL
shikata ga nai
Gamegene
Profile Blog Joined June 2011
United States8308 Posts
October 17 2012 02:32 GMT
#17019
"there's a store that sells apple knock offs"

...what. that's not china...
Throw on your favorite jacket and you're good to roll. Stroll through the trees and let your miseries go.
TheRabidDeer
Profile Blog Joined May 2003
United States3806 Posts
October 17 2012 02:33 GMT
#17020
On October 17 2012 11:31 TotalBalanceSC2 wrote:
Show nested quote +
On October 17 2012 11:29 farvacola wrote:
On October 17 2012 11:28 Defacer wrote:
what does that mean, labelling China a 'currency manipulator?'

It practically means nothing. Figuratively it allows one to dance amongst the clouds of foreign economic policy excellence.


The US manipulates its currency as well when it chooses to print money. Practically every country with fiat could be called this. China however is known for being rather aggressive with trying to keep their currency at a level they like.

Printing during a recession is smart.
Printing during a massive 11% growth boom is dishonest
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