obeezy gonna win this debt ceiling fight

[Mr.Burns]

In political terms, he probably won with independents as far as selling the theatrics. I never thought triangulation was a smart approach, still don't, and as policy this sucks, I guess it could have been worse, but that's far from a win.

In general terms, Rep leadership was just negotiating, they love running up debt and chamber of commerce and wall street told them to raise the debt ceiling forever ago. Imo anyone surprised that they came to an 11th hour deal that was all cuts hasn't been paying attention.

You raise the debt ceiling 2.4 trillion and then cut 2.7 trillion with no increases in revenue!? That ends up adding 300 billion more to the overall deficit of 11 trillion. You're right, anyone who has been paying attention knows this was just some big charade by both parties in order to push through unpopular cuts. Medicare, Medicade and Social Security benefits have all been cut by this debt limit bill. As well as unemployment benefits.

We just got duped by the biggest good cop bad cop routine in history.

 

[dawriter]

You raise the debt ceiling 2.4 trillion and then cut 2.7 trillion with no increases in revenue!? That ends up adding 300 billion more to the overall deficit of 11 trillion. You're right, anyone who has been paying attention knows this was just some big charade by both parties in order to push through unpopular cuts. Medicare, Medicade and Social Security benefits have all been cut by this debt limit bill. As well as unemployment benefits.

We just got duped by the biggest good cop bad cop routine in history.

I'm sorry, but where did you see a listing of Medicare and Social Security benefit cuts and unemployment benefit cuts??? Where did you get that from?

This is part of the problem, shock statements like these with no merit whatsoever...

 

[kingblaze84]

There is no plan here to create jobs, while the 2 trillion in cuts will definitely lead to a loss of jobs, especially since there are no tax increases on the rich......yeah this plan isn't going to help the country. I wouldn't be surprised if America's credit rating gets lowered, even after this deal.

 

[kingblaze84]

http://www.huffingtonpost.com/2011/08/01/deficit-reduction-plan-economic-recovery_n_915423.html

Deficit Plan Certain To Hurt Economy

The proposed deal pleased few and left many with a sense of unease. Stimulus programs the federal government still has in place -- unemployment benefits and the payroll tax cut -- are set to expire at the end of the year. Under the plan, cuts that start relatively small next year would increase over the course of the decade.

"If anything, the budget agreement in the short run is going to make things worse," said Gary Burtless, a former Labor Department economist and a current fellow at the Brookings Institution, in Washington. "By reducing spending even by very modest amounts in the short run, we're probably doing the exact opposite of what we ought to be doing if we want to lift the ranks of the employed."

The current conversation in the nation's halls of power, he said, is "a little like a debate over how much we should trim the government back in 1932."

 

[Mr.Burns]

I'm sorry, but where did you see a listing of Medicare and Social Security benefit cuts and unemployment benefit cuts??? Where did you get that from?

This is part of the problem, shock statements like these with no merit whatsoever...

Cut doesn't mean get rid of genius. And yes all three will be partially cut. Extended unemployment is no longer an option for anyone that is unemployed longer than their designated minimum period.

 

[earth two superman]

yeah

"As predicted Rush Limbaugh took the bait that Democrats laid out for him as today he went on the attack against the White House as he accused Barack Obama of trying to malign him and as an added bonus he attacked Michael Steele for calling him an entertainer."

I don't think ppl realize, but after Obama's election, we were talking about Republicans in the same sentence as the Whig Party....oh how things have changed

well technically, it happened. traditional republicanism has more or less disappeared. it got taken over by extremism and tea party/libertarian thinking.

 

[lion_heart]

I laugh whenever Republicans/Conservaties call him a secret Moslem or communist because judging my his actions he is a secret Republican.

 

[tru_m.a.c]

well technically, it happened. traditional republicanism has more or less disappeared. it got taken over by extremism and tea party/libertarian thinking.

lol you're right

I'm just mad it took David Brooks 11 years to realize this

 

[Shuffington]

Social Animal is a good book
just finished it

 

[Drgoo0285]

Cut doesn't mean get rid of genius. And yes all three will be partially cut. Extended unemployment is no longer an option for anyone that is unemployed longer than their designated minimum period.

there are no cuts to ss or medicare...

 

[dawriter]

Cut doesn't mean get rid of genius. And yes all three will be partially cut. Extended unemployment is no longer an option for anyone that is unemployed longer than their designated minimum period.

Who said get rid of? You made a specific statement that Medicare and Social Security benefits were just cut, I'm asking where you got that information from? What's your source??