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The Democrat win?

Discussion in 'Political Discussion' started by Patters, Nov 23, 2011.

  1. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Wonkbook: The GOP's dual-trigger nightmare - The Washington Post

    Imagine if the Democrats offered Republicans a deficit deal that had more than $3 in tax increases for every $1 in spending cuts, assigned most of those spending cuts to the Pentagon, and didn't take a dime from Social Security, Medicaid or Medicare beneficiaries. Republicans would laugh at them. But without quite realizing it, that's the deal Republicans have now offered to the Democrats.

    ...

    So now there are two triggers. One is an extremely progressive spending trigger worth $1.2 trillion that goes off on January 1, 2013. The other is an extremely progressive tax trigger (the end of the Bush tax cut for the wealth) worth $3.8 trillion that goes off on...January 1, 2013. If you count reduced interest payments, the two policies alone would reduce future deficits by about $6 trillion. That's far more than anything the supercommittee came close to discussing. It's distributed far more progressively than anything the Democrats have even considered proposing. And all that needs to happen for it to pass is, well, nothing.
  2. patsfan13

    patsfan13 Hall of Fame Poster PatsFans.com Supporter

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    Everyone knows if Obama is reelected there will be big tax increases and no cutting beyond the Pentagon.
  3. Holy Diver

    Holy Diver Rookie

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    also he will close guantanimo, end the wars, and not take the advice of insiders from wall street...


    wait...
  4. scout

    scout Rookie

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    #15 Jersey

    I thought the post was pretty good.
  5. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    DRUDGE REPORT 2012®

    Click it, very interesting stuff over there, to much for me to handle, the russian news women giving Obama the finger is something you don't see every day.

    WHERE IN THE NAME OF GOD ARE WE HEADED, HOW IN THE NAME OF GOD DID THE PEOPLE EVER ELECT THIS WET BEHIND THE EARS BAPTIST KID

    WILL COOLER HEADS PREVAIL, DON'T BET ON IT.

    WHY DOES GOD HATE SEALS AND CHICKENS

    :bricks:
    "mommy"
    "yes dear"
    "is that man in front of us mickey mouse"
    "no dear, thats the president"
    "hee hee, look at his ears mommy"
    "shhhhhhhh"
  6. Texxx

    Texxx Rookie

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    Obama will be re-elected most likely. It should be a slam dunk to get him kicked out of the Whitehouse, but he'll be challenged by a bunch of rejects from the Republicans like Newt, Mitt, Cain, and Perry. Obama will beat all of those guys in an election.
  7. PatriotsReign

    PatriotsReign Rookie

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    are you real tex?
    Last edited: Nov 23, 2011
  8. Patters

    Patters Moderator Staff Member PatsFans.com Supporter

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    Sadly, that's not true. Obama gave the bailouts, allowed an extension of the Bush tax cuts, and his health care plan cuts $500 billion from Medicare. Relative to the current Republican candidates Obama in my view clearly remains the best choice, but his solutions are very corporation friendly. The fact is every penny Obama has spent (except for debt payments) is pumped into the big corporations either direction or indirectly, pumping up the market, but little else.
  9. Real World

    Real World Moderator Staff Member

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    Posted by Ezra Klein...

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