once again the democrats reveal to be gutless, feckless, and allow republicans to do whatever they want. I'm noticing a trend here
once again the democrats reveal to be gutless, feckless, and allow republicans to do whatever they want. I'm noticing a trend here
While I am disappointed, Obama could have held his ground for revenues but he would have had to let the US go into default and while the tea party followers were willing to let that happen, Obama was not. Call it weakness or caving, he wasn't willing to allow the default to happen and make a bad situation even worse. The fact is that the republicans are going to do everything they can to make Obama a failure and they are doing a good job about it. Obama also missed some earlier chances to avoid this fiasco and failed to do so.
The absolutely hilarious part of this apparent deal is that there will supposedly be a vote on the balanced budget amendment in the House and Senate before the 2012 elections. Who exactly, besides the most raving liberals, wants to vote against a balanced budget?
He's definitely Maaaaad
Voting on a balanced budget amendment amounts to just wishful thinking. The problem is making it happen when neither side wants the cuts to affect en lements, military, etc or compensate with a tax hike.
I wouldn't be so quick to assume there's unanimous support for a BBA from congressional republicans. Republicans like to spend money too.
If the economy does take a nose dive in the next 6-12 months though, Krugman will have his 'I told you so' moment, much to Darrin chagrin...
That's part of the reason I find it hilarious. A lot of these guys are going to vote for it while still hoping it either fails or their cons uents forget about it.
Yep. The combination of benefit cuts & tax increases to just the en lements alone make any BBA dead on arrival.
We didn't get enough cuts. The ratings agencies don't think so either and will likely downgrade our credit rating.
obama caved in?? hahahahahah okay!!
Obama caving in was as drastic as Tpark eating a carrot on his low carb diet. He didn't cave into much. Spending will still remain high, govt will shed one small terd, and you drama queens are already putting up a fainting act.
Sorry, but this country is becoming more idiotic and destructive. Social Justice in place of Justice bled into our tax code and is a cancerous tumor in the american body politic.
You drama queens and Paul krugman are full of .
So, in essence both leftist and rightwingers didn't give a about the deadline and wanted to have their agenda met first.
This whole debt ceiling thing is a charade.
It's not the ing debt ceiling, it's spending that needs to be addressed.
There is no such thing as budget hawks in mainstream politics and in the mainstream ion general.
You have all fell for this bull central planning garbage.
I don't think anybody here 'fell for it'. I think everyone in here has been singing the same tune when it comes to ovdr-the-top bipartisan spending. The only question is if it's wise to cut now in the current economic climate or not. Krugman says it will be a disaster. I'm sure other people ( o gtown) will say otherwise. We'll see in a few months what happens after this thing passes.
Krugman is full of , and is for more govt intervention and social programs. His assesment of doom concerning cuts is idealogical. We may never get out of this recession for a while, so in the meantime this jackass is gonna recommend we inflate the money supply, debase the currency and run up more debt.
Here's what that krugman is not telling all of you. You could raise taxes on the rich, but the debasing of the dollar will destroy the poor's ability to have buying power.
The reason the poor have been losing purchasing power is because of the losing strenght of the dollar.
Not only that, but obama wants to encourage high fuel prices so that we may live a green lifestlye. Pass regulations to make products greener in effect passing on the taxes to the consumer. All this will hurt the poor more than if Kobe bryant buys a helicopter.
You are all missing the big picture.
balanced budget amendment won't get past the Dem Senate, will not be sent to the states. It's another GOP mis-governing time-waster, like the fake debt ceiling crisis. They smash-mouth deny all legitimacy of Barry to be in office, and for the Dems to have Senate majority or for either chamber to advance any govt business.
I don't think taxing the rich is the solution either. Probably spending cuts across the board and jacking up taxes across the board also is going to have to be the way to reach a balanced budget. From there you can work on stop borrowing money. I don't think there was ever a will to do that since the Clinton days though.
You are absolutely right, we all believe that there should be cuts. Most reasonable liberals even believe there should be en lement reform. We just also believe that there should be increases in taxes as well... you know, attack the deficit from both sides.
I'm no Republican, faaaaaaaaaaaaaaaaaaaaaaaaaaar from it. But I never once was fooled by the big Obama wave a few years ago that millions of people fell for. I never believed he was genuine, never believed the "next JFK" bs talk that; to me was an insult for anyone to compare him to JFK. I saw him for a copycat, a liar and a fake from the beginning. I did not vote for him. Sadly he is what I said he was, fake, and very weak. We needed a fighter, and that fighter just had to think with wrong damn head.![]()
Yeah you just fell for Edwards. I'm not sure you really should be pulling out the "I told you so card".
You can't really blame Obama for compromising here. That much is true. Which is why I think the problem was not fighting back earlier. He just gives in every ing time so of course the GOP never gave serious consideration to tax increases.
He's still the better option than Mcain-Palin...
MCCONNELL: It set the template for the future. In the future, Neil, no president — in the near future, maybe in the distant future — is going to be able to get the debt ceiling increased without a re-ignition of the same discussion of how do we cut spending and get America headed in the right direction. I expect the next president, whoever that is, is going to be asking us to raise the debt ceiling again in 2013, so we’ll be doing it all over.
http://thinkprogress.org/politics/20...hostage-again/
He could've rammed this through in 2010 during the lame duck session. Truth be told, the GOP didn't get all that much in terms of cuts (regardless of Krugman's apocalyptic visions).
McCain was a ty candidate -- our version of John Kerry.
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