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cheapbag214s · Posted: Fri 8:41, 30 Aug 2013 Post subject: Bush's Speech In Nashville-spun1

Bush's Speech In Nashville
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Obama: Thanks all for coming. I glad you here. Thanks, Darrell. Are you certain you would like the federal government moving to Nashville? (Laughter.) Just invitation. I got some thoughts I love to share with you,[link widoczny dla zalogowanych], after which if you got some questions, I love to answer some. My job is the Commander-in-Chief and my job may be the Educator-in-Chief, and a part of being the Educator-in-Chief would be to help our fellow citizens realise why I made a few of the decisions I made which have affected your lives. So thank you for letting me come. Here we are in the presidential ballroom -- smart move, Darrell, to pick a presidential ballroom. (Laughter.) I sorry Laura is not beside me. She's, to begin with, a wonderful woman. She is someone woman. And she or he does a wonderful job because the First Lady. (Applause.) I want to thank Ralph Schulz, the president and CEO of the Nashville Area Chamber. I thank the company leaders who've allowed me in the future and visit along with you. You have an exciting city here. This, of course, isn't my very first time here -- I can remember being within the Opryland hotel complex when I was the owner of the Texas Rangers baseball team. And that i can remember coming for my mother and father 50th wedding anniversary. They'd a lot of country and western singers sing to honor the 50th anniversary, also it was a special time. And you right, you have a fabulous city here. I have just come from the Harrington company, a small business here, the Nashville Bun Company. (Applause.) And I realize that some of the employees in the Nashville Bun Company are here. Thank you for being here today. It quite a surgical procedure. I really like likely to small businesses since the small business sector in our economy is actually what drives new job growth. If the small businesses are doing well in the usa, America does well. And so I went by to determine this operation, and I wish to spend a little time referring to small business growth, if you don mind. So I wish to thank the Harrington -- good, solid Tennessee citizens who're entrepreneurs, risk takers, dreamers. (Applause.) I don intend to talk about this war against radicals and extremism during my remarks. Should you got questions, I be very glad to reply to them. I actually do wish to,[link widoczny dla zalogowanych], though, pay homage to people who wear the uniform. I honored to get along with you. Thank you for serving the nation. (Applause.) Cordia asked me within the limousine coming over here,[link widoczny dla zalogowanych], perhaps you have had any amazing experiences as the President? And,[link widoczny dla zalogowanych], yes. (Laughter.) I told her there no more amazing experience rather than meet anyone who has served in harm way and also to realize the effectiveness of spirit of yankee citizens who volunteer during a time of danger. And something of the teenagers I have met during my presidency -- I did so in my home state of Texas -- who's around today, a man who is dealing with terrible injury, but has never lost the spirit of life: Kevin Downs. (Applause.) He a good man. We going to get him newer and more effective legs, and when he hurries up, he is able to outrun me about the South Lawn from the White House. Proud that Kevin dad and mom are here with us, too. I want to spend some time on the economy -- more particularly, the budget. You got to worry about your budgets; we got to bother with your financial allowance, too, since you paying for it. (Laughter.) There a philosophical debate in Washington, and extremely it kind of to calibrate how much cash we need and just how much money you need. Some say we want much more of your hard earned money to expand the dimensions and scope of government,[link widoczny dla zalogowanych], or,[link widoczny dla zalogowanych], they'd argue, much more of your hard earned money to balance your budget. There are those much like me in Washington who say,[link widoczny dla zalogowanych], there ample money in Washington to meet priorities, and also the more money you've in your pocket, the greater off the economy is. Quite simply,[link widoczny dla zalogowanych], let me place it bluntly: I believe you can spend your money much better than the federal government can spend your money. (Applause.) Part of my job is to cope with problems. And I try to do so with a set of principles in mind. A principle is, you can spend your hard earned money better than the government can, but a further principle is, for those who have more of your hard earned money in your wallet in order to save, invest or spend, the economy is probably -- more prone to grow. I was confronted -- this administration has confronted some difficult economic times, particularly earlier within this administration. There was a recession. There were the terrorist attacks that affected the economy in a very direct way. There have been corporate scandals which created some thousand -- uncertainty about our bodies that must be corrected. And that we taken care of immediately those problems by cutting taxes. See, if you believe in the principle the greater money you have -- and all of an abrupt the thing is some rough, economic times, act about the principle. And so i caused Congress and we cut taxes on everybody who pays taxes. On a single of these tax cuts -- said, okay, you deserve a tax cut, however, you don deserve a tax cut. It had been the fact that everybody who pays taxes ought to get tax relief. So that as you can observe out of this chart here, this is exactly what the tax cuts have meant in 2007. But since they've been enacted, it has got exactly the same kind of effect. If you a average taxpayer, you receiving $2,200 of tax relief. Some receive more, some receive less, however the average for all taxpayers is $2,216. See -- and the fundamental real question is: Will it seem sensible to achieve the average taxpayer have that money in the or her pocket? It does for a number of reasons: It encourages consumerism, it encourages investment, it enables individuals to be able to put money aside for a family priorities. You don want the government setting your priorities; you place your personal priorities. And if college is surely a priority of yours -- if you want to save for the little guys approaching -- here some money for you to reserve. That what the tax relief meant. There obviously more tax relief for married families with children because there the kid credit. I thought it makes sense to express, if you got a child, you need to get credit for your child with regards to the tax code to help you raise the children. You realize, we place the -- did something on the marriage penalty. Imagine a tax code that penalizes marriage. That exactly what the code did previously and we mitigated the wedding penalty and the tax code. We ought to be encouraging marriage, not discouraging marriage through bad tax policy. (Applause.) The Nashville Bun Company people are organized so they pay tax in the individual income tax level. A lot of small business owners understand what I talking about. If you an LLC or Subchapter S, you don pay corporate tax, you pay tax in the individual income tax rates to ensure that whenever you cut taxes on all who paid income tax, you actually cutting taxes on small business owners as well. And if most new jobs are created by small businesses,[link widoczny dla zalogowanych], it makes lots of sense should you coping with economic problems to cut the taxes on those who are creating new jobs. The more profit the little business treasury, the much more likely it's they be able to expand. And when they expand, the more likely it's they be hiring new people. We also put incentives in the tax code that said if you purchase equipment -- a small business operator and also you purchase equipment,[link widoczny dla zalogowanych], like the English muffin rolling deal or anything you want to refer to it as -- (laughter) -- getting away from my lane here -- (laughter) -- we provide a motivation in the tax code to encourage you to purchase equipment. That not only helps your company become more productive and more competitive, the greater productive and competitive you become, the more likely it is you have the ability to sustain growth and, therefore, continue hiring. It means that the English muffin manufacturing company -- English muffin machine manufacturing company is much more likely to have work. In other words, there an impact, the tax code can affect commerce. Which precisely what we did, and that we cut the required taxes also it worked. This economy is strong. Unemployment has dropped. Since August of 2003 we added over 8.Two million new jobs. Productivity is up. People are working. (Applause.) People are working. And that what we should want. We want individuals to say, I earning money for my loved ones, and I got more money during my pocket in order to make decisions for top of my family. And that i likely to spend a little time, if you got any queries, regarding how to ensure that it stays going strong. However i now want to discuss the budget. People say you are able to balance your budget if you cut taxes. I believe all of us would like to balance the budget. However they saying, I likely to raise your money -- lift up your taxes so we can balance the budget. There a flaw for the reason that argument. And that's, most of the time they raise taxes you, they determine new methods to spend the cash, as opposed to reckon it to deficit reduction. I got a much better indisputable fact that I wish to share with you and tell the American people. And that is, the easiest method to balance your budget is to keep taxes low, growing the economy,[link widoczny dla zalogowanych], that will yield more tax revenue in to the economy. And it works, so long as you hold spending down. And that the most important thing, is to keep taxes low and spending down. And that i got a chart here' about to demonstrate. Yes, there you have it. Therefore i submitted a financial budget based on no tax increases and being fiscally wise with your money. And here the record of that plan. As you can see there,[link widoczny dla zalogowanych], we'd a deficit of $413 billion in 2004. This economy started obtaining steam -- kept the taxes low -- and tax revenues started coming in, and so the deficit dropped to $318 billion, also it dropped to $245 billion, also it anticipated it going to be $205 billion around 2007. You can observe the projection. We carried this out without raising your taxes. We done this by saying keep taxes low, keep the economy growing, and be wise about how exactly we spend your hard earned money. That where we headed. But we are able to achieve this without penalizing the little business sector -- or even the large business sector, for that matter. And particularly we are able to achieve this without penalizing the families and individual taxpayers in the country. But that the argument. Now, the Democrats have submitted their budget. Put up the next chart. Oops, that my budget. (Laughter.) This is non-defense discretionary spending. This is what we propose, see. We go to Congress and say, here our budget proposals. We going to make sure our troops have what it takes to win this war against these extremists and radicals. That exactly what the United states citizens expect. (Applause.) Making this my proposal, and that i prefer to demonstrate exactly what the Democrats have proposed. Here their proposal. They added billions of dollars in new shelling out for the budget they submitted. The main reason I -- this is not a -- I not bashing anybody. I just -- things i here to do is educate you on the different methods to the way you coping with your hard earned money with regards to the government budget. And as you see, there is a -- quite a disparity about the different approaches of how much cash ought to be spent. You are able to pay for the red lines unless you willing to raise taxes about the United states citizens. I'd call that the return to the tax-and-spend days. I have showed you our budget to get at surplus, and it requires this level of rise in spending, the blue. The folks now responsible for the home and the Senate have submitted their very own budgets; their very own blueprint for how we ought to spend your hard earned money, and it reflected in the red lines. Now, you can grow the economy fast enough to get to the red lines. And,[link widoczny dla zalogowanych], therefore,[link widoczny dla zalogowanych], the only way to achieve this is to increase your taxes. I love you to see the next chart, if you don mind. This is actually the tax increases inherent in another approach. As you can tell, will raise taxes $392 billion over five years, with a $1.8 trillion rise in taxes to make the budget projections that they have spent. I would warn the Nashville Bun Company to become very careful with this particular kind of approach since keep making buns if the Democrats take all your dough. (Laughter and applause.) I don disparage anybody; there just a difference of opinion. A part of my job would be to inform you to individuals there are options to make. The ones have got to appreciate this budget process. And also the reason I come today would be to clarify the difference of opinion to help you build your own choice concerning the right approach. I obviously got my choice, but the American people have to know the facts so they can make up their mind because the ultimate way to coping with the finances of the United States today and tomorrow but for the next decade to come. This is actually the tax increases that will be required under one vision of dealing with your hard earned money -- and here my look at what we should ought to do on taxes. (Applause.) And, obviously, the comparison. (Laughter.) We don have to lift up your taxes to be able to balance the budget. We shouldn raise your taxes to be able to balance your budget. Ought to be fact, we ought to keep your taxes to a minimum to ensure this economy continues to grow. (Applause.) Which means you watch this budget process and also the appropriations process unfold here. And it vital for that leadership in Congress to pass through the appropriations bills -- that the spending bills -- as quickly as possible. There are 12 spending bills that are supposed to arrive at the President desk. They need to come with an honest debate concerning the appropriations for that different departments they dealing with -- a wide open, honest debate. They should not be attempting to slip special spending measures in there without full transparency and full debate -- those are called entitlements. And they needs to be wise about how they spend your hard earned money, plus they must get these appropriations bills to my desk as soon as possible, and not delay. Now, I will tell you there an interesting relationship between the President and also the Congress. Obama [sic] has got the to initiate spending bills -- plus they do; they were given the right to select how much money is spent. And I got the right to accept set up amount of cash they spend may be the right amount. That what called the veto. When they overspend or if they try to raise your taxes, I going to veto their bills. (Applause.) So I like -- I appreciate you letting me come and provide you with just a little budget discussion. However i thought it would be appropriate, should you don mind, to reply to some of the questions you have,[link widoczny dla zalogowanych], any question, I be glad to answer them. I been there for six and a half years, if I can respond to them, I can work out how to not respond to them. (Laughter.) Yes, sir. Q Your administration continues to be pro-small business. How can we continue that philosophy in Washington? Obama: Look, here the thing that the nation -- first of all,[link widoczny dla zalogowanych], tax policy helps smaller businesses. If your small business owner has got certainty within the tax code that taxes will remain low, it causes individuals to be more interested in investment. The biggest issue I hear facing small businesses, however,[link widoczny dla zalogowanych], is health care. We got lots of small business owners are actually having problems coping with the rising cost of healthcare. After i speak with risk takers and entrepreneurs, I've found that individuals have a lot of anxiety about how to approach healthcare for 2 reasons: one, if they'd like to afford it; and two, they have this great a feeling of obligation to their employees. In other words, they want their employees -- really good CEOs or those who own small businesses care deeply about the lifetime of their employees. There is a -- as you can imagine, and this is the big plus with our democracy -- there is commonly differences of opinion. And that we got a big difference of opinion on health care. And that i want to tell you where I worried -- my worries and my recommendations. I worried that there are people in Washington who wish to expand the scope of the authorities in making health care decisions with respect to businesses and individuals. I offer the idea of providing health care to assist poor children, just like I support the idea of Medicaid to assist provide health care for that poor. The problem, when i see it, is this: the people -- some in Washington wish to expand the eligibility for all those readily available for S-CHIP, sometimes as much as $80,000 per family -- which really means, if you think about it, there is going to be an incentive for people to change from private health insurance to government health insurance. I view this because the beginning salvo of the encroachment of the authorities about the healthcare system. The federal government has a huge role in healthcare -- when i say, Medicare, Veterans Affairs, Medicaid, poor children. But I am deeply concerned about further expansion will truly lead to the undermining of the private health care system, which would take the greatest health care system in the world and convert it right into a mediocre health care system. Now, you are able to -- not just am I against what they attempting to do, I'm for something else, and I like to reveal to you what it is. First, there's a common goal, and that we all share the thing in Washington -- would be to make sure health care is available and affordable. If you concerned about available and affordable health care, there are some practical things you can do like stopping these junk lawsuits which are running good doctors out of practice and forcing professionals to practice defensive medicine to allow them to defend themselves inside a court of law. (Applause.) Secondly, smaller businesses ought to have the to pool risk across jurisdictional boundaries. Should you a cafe or restaurant owner in Nashville, Tennessee, you need to be permitted to pool risk. Quite simply, you ought to be allowed to put the employees inside a larger risk pool with a restaurant, say, in Texas, or perhaps in Minnesota. Area of the problem small businesses have is they are unable to get the economies of purchase that big businesses are capable of getting because they have such a small number of employees. And thus we ought to let the pooling of assets -- the pooling of risk so small businesses can buy insurance at the same discounts that big businesses reach do. (Applause.) Thirdly, I a strong proponent of Health Savings Accounts. Health Savings Accounts is an insurance product that has got high-risk deductibles -- or high deductibles for catastrophic illness,[link widoczny dla zalogowanych], plus the ability to have an employee in order to put profit -- with employer help -- put money into the account tax-free, save tax-free and withdraw money tax-free. And the reason I'm is because I believe one of the real problems we now have in health care is that there is no market,[link widoczny dla zalogowanych], essentially. In other words, someone else pays your debts; there exists a third-party payer system. I think you know what I talking about: You submit your claims, someone else pays the debts. I don know many of you've ever asked the doc, what your price? Or, you realize, how good are you? Or,[link widoczny dla zalogowanych], what your neighbor price? You do that in many facets of your consumer making decisions; you thi
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