Obama's Stimulous plan is going to be a complete failure

"The text of Obama's plan is available on the Internet. " My opponent has not read it and does not in the slightest idea know what's in it. Nor does he have the ability to explain it with any degree of financial intelligence. I have how ever supplied the readers with numbers and explained it in a simple to understand manner showing that his plans will saddle all future generations with debt that can't possibly be paid. My opponent makes no attempt to even show mathimatically how his plan will work. He doesn't even try to use projection numbers or even try to make some up. All of my numbers are from the CBO. That's the Congressional Budget Office. "temporary nationalization might be a good thing, even if Obama does it." How is that a good thing? I know why it isn't. Maybe you can explain to me and our readers why that would be a good thing in your final round. "In my earlier argument, I cited the link that explained in general Obama's plan to reduce debts. Please rebut that link directly." Everything I have said to this point is directly related to this link. No money will be saved pulling troops out of Iraq as he is now sending those troops into Afghanistan. Afghanistan is going to be a much more difficult thing than Iraq because Afghanistan has absolutely no infrastructure and is light years behind Iraq in the technology and intellectual department. That country lives in the stone age. I don't know what he plans to accomplish there as no details are given. But if it his intention to rebuild that country, it will take trillions upon trillions of dollars just to bring it to the same level that Iraq is in now. "I have argued that a higher-debt-to-GDP ratio can be controllable in the future with progressive tax rates and reductions in govt spending." Taxing the rich has not now or ever created more jobs. It is a job destroyer. Businesses and individuals who know they will be taxed at a higher rate when their income reaches a certain level ( which is 250,000 in this case) will take steps to stop earning money as there is no incentive to do so. So they close up shop for the last month or two of the year or slow production and take on no new work. I would do this and so will they. What would be the point of breaking the $250,000 barrier if you are only be punished for doing so. The IRS will see many many tax returns that show a income of just under 250,000 when Obama starts taxing the so called rich. This is what Obama doesn't understand and this is what my opponent doesn't understand. They think people will just gladly put themselves into a punishing tax bracket to get soaked by the gov't. Obama is going to loose revenue and the economy will slow. History has proven every single time govt raises taxes the economy slows and revenues plummet. Also Obama has already increased govt spending and has laid out a plan that increases it every year under his first term. His first budget is twice last years budget. And last but not least, the US gov't from day one has never not ever cut spending and Obama has already proven it won't start with him either. Cap and trade: this is a huge tax increase on every single man woman and child in this country. Again you think it's a tax on the evil rich polluting corporations. To punish them and tax them for their evil carbon foot print that is destroying the planet. Guess what, this is the biggest trick in the book for a politician to raise taxes on everyone without saying they are. They all know that the corporations will just pass it on to the consumer in the way of higher prices or worse yet the company will just pack up and leave and take all the jobs with them to another country. "Obama's plan only means a small percentage increase in our ALREADY EXISTING" Clearly math is not your strong point. I have shown in previous rounds what his increases are to this point and with the just released FY budget that came out during this debate it has increased exponentially. "Short falls in Social Security and Medicaid. This is money that has been promised years into the future that is completely unfunded and not part of the FY budgets: 18 trillion" Any source for this number?" "The Congressional budget Office" "Regarding inflation: we're in the middle of a recession. A inflation is good." AHHHHHH YAAAAA "a inflation" would be a good thing. LOL I think the readers will get a big kick out of this statement. You have no idea what inflation means.