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You liberal America-hater.
The thing is, and I don't say this in my usual sarcastic sense, that Obama has put forth a proposal that is so far away from anything that Pubs ever could accept, that it makes Bowles-Simpson look acceptable.
I guess in Democrat minds, correlation proves causation.
We'll see. The Pubs have few ways to bend Obama over a barrel*. This is one of the few.
*not implying rape is imminent
Hey look at that. It's almost like Obama learned how to negotiate.
I know, SAT is making our point.
I've pretty much accepted that we're doomed. At least since my guy didn't win I get to bitch and moan and say "I told you so" as it happens. That's pretty much the only bright spot.
Go away, KA!
Yeah it was clever of Obama to run as fast as he could from Bowles - Simpson in order to get it enacted.
Don't mistake putting your head in the sand for optimism.
This post was edited by Sdog 16 months ago
I'd take Simpson-Bowles
Me too. Too bad our President likely doesn't.
Be more wrong. Oh wait...
This post has been edited 2 times, most recently by sohlman6 16 months ago
I'll bet he doesn't, although it would be presidential and bipartisan of him to do so.
lol. I'll be floored if Obama takes Simpson-Bowles. He already turned it down once and now has more political capital than he did then to demand less spending cuts.
The dems let it expire and we go over the canyon. Taxes go up for everyone and they blame the republicans for the rates going up. This allows the dems to point the finger at the pubs when the election promise not to raise taxes on the middle class is broken. This will destroy any limited traction the economy has and put us into another deep recession. Jobs will stagnate and the stock market will sell off. Housing, which was positioned for an amazing spring market, will once again shrink back Ito its shell. Hiring will freeze and banks won't lend. This is just the tip of the iceberg. Capital gains increase will have a massive impact. Should make for good tv.
True, but I think he would be very tempted to take it if he knows he has a lot of support on the GOP side in the House. It would pass the Senate easily today, imo. Dem base will be furious at him but if the votes are there, I think he'd do it. Especially if it took debt/spending fights off the table so he can do immigration and whatever else he wants legislatively before he becomes a real lame duck.
The question is is Obama willing to go against his base? If you listened to the morning talk shows today, progressives don't want there to be ANY spending cuts besides defense. Rep Larry Ellison, leader of the progressive caucus in the House, said any cuts to social security, medicare, or medicaid that would reduce benefits were off the table. I suspect many progressives acutally want to go over the cilff so taxes will go up on everyone. They know the welfare programs they want can't be financed by taxing the wealthy alone. And any budget cuts could easily be reversed in the future.
Obama has all the leverage here. He could get something done if he really wanted to. What happens next will reveal whether he was ever really serious about addressing our fiscal problems or whether he was being a phony with the Bowles-Simpson commission and "balanced approach" talk.
I still don't really understand liberals views on our finances. Do they even acknowledge Medicare and Medicaid need to be reformed? They seem to be hellbent against letting anyone touch entitlements at all.
No, they see entitlements as the priority, and that the budget should be fit to protect them. But to be fair, its not just liberals, seniors, a crucial part of the republican base are pretty hellbent on not seeing medicare reformed.
Nobody is pitching Medicare cuts for current seniors.
(Dum Dah Dum)
lol, isn't that what you guys have identified as the problem? You blame democrats for wanting to protect the entitlements that their constituents use, and yet you don't see anything wrong with republicans trying to protect the benefits of their constituents.
Don't you guys want to see cuts to medicare benefits for current seniors?
Well, 10M unemployed is quite the different situation than having all the AMT revenue from stock option exercises during the Internet boom. I wish the Dems would admit where all of the Clinton revenue came from.
If they take away the mortgage deduction we could hae QE 14 and it won't save the housing market.
Who is proposing medicare cuts for current seniors? The republican ticket this fall didn't. Almost all reform proposals call for the cuts to be phased in.
Oh, and yes I'd love to see cuts for current seniors, but that isn't going to happen.
I'm blaming democrats for ignoring the problem. Anyone with a brain knows that we need entitlement reform and we get clowns like Nancy Pelosi saying "over my dead body." It's comical. How do you take someone like that seriously?
Without reform these programs will become insolvent. Those are the facts. No idea why liberals don't acknowledge that.
No? In theory I do, but I know that isn't reality. The Ryan plan for instance was premised on not affecting anyone older middle aged. Current seniors and people approaching retirement have planned based on the current system so it wouldn't be right to change it up too much when they'd have no chance to adjust. And one of his arguments when people called his plan radical was that if we don't make radical changes now, then we won't be able to preserve the system for any seniors- current or future.
This post was edited by neal990 16 months ago
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