So once again Obama is trying to woo the public on the Fiscal Cliff via Twitter instead of meeting with the Republican Congress. Has Barack studied American political science and and does he understand how deals with Congress are done? Maybe Bill Clinton can put the novice 2-term President under his wind and tutor him on how goverment works.
Thomas Sowell: There are no solutions, just trade-offs.
FredHayek wrote: So once again Obama is trying to woo the public on the Fiscal Cliff via Twitter instead of meeting with the Republican Congress.
You really should know what kind of loony answers your gonna get to THAT statement Fred! hahahahaha. Really man, apparently most Republicans are reapers that don't want to compromise on anything right? hahahahaha. We're trying to save a sinking boat with the left my friend. We could bring nothing but gifts to their front door, and they'll swear it's a bad thing.
Jekyll wrote: To most of the people in this country, apparently this type of guy as president is pretty awesome. He doesn't need any help.
Or Romney represented the tough love dad, "we need to get this houshold budget under control, not enough people are contributing to this home. People need to step up."
Or Obama, whose program was: "Party on dudes! Big screen TV for everyone this Christmas and we are going to make "Mikey" here pay for it."
Thomas Sowell: There are no solutions, just trade-offs.
rofllol I hear ya. Anyway, until there's middle ground between the two ruling parties, nothing will get done. I think the right should just give the left everything they want, EVERYTHING. THEN maybe people like LJ and Raess will realize nobody needs to take the blame BUT the left on all the b.s, cause there'd be a LOT of it. Let 'em have it all Fred, why not? Then we can roll 'em over!! (the cliff)
House Republicans on Monday presented their first deficit-reduction plan that roughly matches the size of President Barack Obama's $4 trillion tax-and-spending program without increasing tax rates. Under the proposal, the Republicans would increase taxes by $800 billion, abour half of what Obama has proposed. It includes $600 billion in savings in Medicare and other health programs - more than the $400 billion Obama has proposed. House Republicans said the offer was based on a deficit-cutting plan presented by Erskin Bowles, a co-leader of the Obama commission on deficit reduction.
House Republicans on Monday presented their first deficit-reduction plan that roughly matches the size of President Barack Obama's $4 trillion tax-and-spending program without increasing tax rates. Under the proposal, the Republicans would increase taxes by $800 billion, abour half of what Obama has proposed. It includes $600 billion in savings in Medicare and other health programs - more than the $400 billion Obama has proposed. House Republicans said the offer was based on a deficit-cutting plan presented by Erskin Bowles, a co-leader of the Obama commission on deficit reduction.
It’s really amazing to see political reporters dutifully passing along Republican complaints that President Obama’s opening offer in the fiscal cliff talks is just a recycled version of his old plan, when those same reporters spent the last year dutifully passing along Republican complaints that Obama had no plan. It’s even more amazing to see them pass along Republican outrage that Obama isn’t cutting Medicare enough, in the same matter-of-fact tone they used during the campaign to pass along Republican outrage that Obama was cutting Medicare.
Fiscal Cliff Fictions: Let’s All Agree to Pretend the GOP Isn’t Full of It
So 'splain this to me. The House GOP plan largely consists of cuts to Social Security benefits. However, SS benefits are paid out of the SS Trust fund through payroll taxes, not from the US Treasury. So how will cutting SS benefits reduce the deficit? Unless the GOP is planning on raiding the SS Trust fund without paying it back. Yes, currently the Treasury is "borrowing" from the Trust fund with Treasury backed instruments which MUST be paid back, unless Congress votes to default on those repayments. So it appears that is the House GOP plan, to increase the amounts in the SS Trust Fund on the back of those who have been paying into the Trust Fund for years, so that they can then "steal" from that Trust Fund in order to give tax cuts to the wealthiest two percent. So once again those who depend upon SS, the lower and middle income classes, in order to benefit the wealthiest two percent.
Typical Republican plan.
"Remember to always be yourself. Unless you can be batman. Then always be batman." Unknown