If both houses would've compromised on a smallish tax increase and a smallish spending cut, we would be bringing in more revenue AND spending less money without extending the debt ceiling. But instead, old time politics continued on both sides with an extension of the debt ceiling and big time spending cuts over such a long period that any type of 9/11 type of event will throw the cuts out the window for a war time scenario. Since both decided to entrench themselves on opposite sides, nothing productive was achieved and Obama folded on his promise to not cut entitlements.
Nothing was fixed. The problem with overspending is still there. Both Republicans AND Democrats are to blame and S&P did the right thing to downgrade us. They can see that nothing was fixed by extending out debt ceiling.
Nothing was fixed. The problem with overspending is still there. Both Republicans AND Democrats are to blame and S&P did the right thing to downgrade us. They can see that nothing was fixed by extending out debt ceiling.
I do share Rolands quibble that by this summer it was no longer possible to do that in time to avoid a choice between raising the debt ceiling or shutting down the federal government for a year, but in the final analysis that goes back to Isaacs point that Obama could've submitted and passed a budget last year that cut spending, raised taxes and avoided the need to raise the debt ceiling. Imagine how his poll numbers would look now if he'd balanced the budget a year ago. Hint: When Gingrich forced Clinton to do it in 1995 it was the high point of both their careers, helped extend the economic boom another ten years and left a trillion dollar surplus in the Social Security trust fund when Bush was inaugurated. Yeah, Bush screwed the economy up royally with his insane idea that massive tax cuts were a good way for a nation already heavily in debt to start wars in two countries, but the fact is Bush has been out of office for over two years now; it's past time Obama did something to correct Bushs known and glaring errors (like he promised) instead of perpetuating them.
Honorbound and honored to be Bonded to Mahtaliel Sedai
Last First in wotmania Chat
Slightly better than chocolate.
Love still can't be coerced.
Please Don't Eat the Newbies!
LoL. Be well, RAFOlk.
Last First in wotmania Chat
Slightly better than chocolate.
Love still can't be coerced.
Please Don't Eat the Newbies!

LoL. Be well, RAFOlk.
US Credit Rate Downgraded - Obama should resign.....
- 06/08/2011 04:12:48 AM
1482 Views
you, it was the tea party republicans that caused this
- 06/08/2011 05:57:16 AM
1026 Views
Que tonterías.
- 06/08/2011 04:23:49 AM
1020 Views
Really?
- 06/08/2011 05:05:48 AM
1071 Views
Leaders have to lead.....
- 06/08/2011 05:18:21 AM
906 Views
Cuts aren't up to him, though.
- 06/08/2011 05:37:50 AM
939 Views
Yeah, sure, the President has no say or control.....good grief.....
*NM*
- 06/08/2011 06:13:49 AM
509 Views
*NM*
- 06/08/2011 06:13:49 AM
509 Views
S&P didn't demand cuts, they demanded fiscal responsibility.
- 06/08/2011 03:18:10 PM
1175 Views
and haters gotta hate..... *NM*
- 06/08/2011 05:49:25 AM
484 Views
I admit it, I hate what Obama is doing to our country..... *NM*
- 06/08/2011 06:12:39 AM
507 Views
you, it was the tea party republicans that caused this
- 06/08/2011 05:57:16 AM
1026 Views
As ever your disinterest in facts seems to be central to your posting.
- 06/08/2011 11:34:20 AM
997 Views
Which would be less annoying if so much of Congress didn't suffer from the same delusions.
- 06/08/2011 03:48:04 PM
891 Views
Does Timmy G play sax like his brother Kenny? *NM*
- 06/08/2011 01:11:17 PM
495 Views
Fun fact - I dated in HS Kenny G's niece.....
- 06/08/2011 03:13:52 PM
888 Views
S&P specifically cited GOP refusal to raise taxes among their reasons.
- 06/08/2011 03:10:22 PM
1070 Views
Of course one could just read the actual S&P report
- 06/08/2011 04:01:07 PM
1055 Views
Sure.
- 06/08/2011 04:53:47 PM
1096 Views
Right, ABC new's summary of the report is not the report
- 06/08/2011 07:02:46 PM
1382 Views
Link works, but I'm not sure why you think it refutes snoops assessment or mine.
- 06/08/2011 08:35:10 PM
1186 Views
It doesn't refute it, it just isn't this simple distillation you're offering
- 06/08/2011 09:23:33 PM
991 Views
It's more than half a sentence; I quoted several paragraphs.
- 06/08/2011 09:56:31 PM
866 Views
Well yes, after I gave you the report, I think I'm pretty obviously refering to before that
- 06/08/2011 11:02:17 PM
888 Views
- 06/08/2011 11:02:17 PM
888 Views
Before that I was referring to the paragraphs quoted in the ABC report.
- 07/08/2011 01:21:18 AM
1318 Views
not really
- 06/08/2011 10:15:32 PM
930 Views
"the mix of spending and revenue measures"
- 06/08/2011 10:23:06 PM
1022 Views
So you read the statement that they take no posistion as they take the dem position?
- 07/08/2011 04:51:58 AM
1020 Views
I read a "mix" to be a mix.
- 09/08/2011 12:14:35 AM
927 Views
So in other words you just ignore the actaull words and read it say what you want it to say *NM*
- 09/08/2011 02:07:57 PM
558 Views
A mix of something and nothing is impossible; one thing is one thing, not a mix.
- 09/08/2011 04:56:00 PM
1109 Views
US politicians are too busy fighting over who gets to play the fiddle. *NM*
- 06/08/2011 05:53:32 PM
502 Views
Reply to everyone whining about the Tea Party.....
- 06/08/2011 06:58:40 PM
1079 Views
would him resigning really help?
- 07/08/2011 10:24:00 AM
963 Views
not as long as he has the high functioning moron Joe Biden as VP.
- 08/08/2011 12:34:32 AM
967 Views
In reality, its Congress (BOTH parties) AND the President who are to blame.
- 08/08/2011 01:59:13 AM
995 Views
40% is not a small tax increase and a small spending cut
- 09/08/2011 04:20:28 AM
874 Views
Why are people making a deal about the debt ceiling increase?
- 09/08/2011 03:42:13 PM
901 Views
Because, when you get down to it, the debt ceilings very existence was always a political threat.
- 09/08/2011 05:02:12 PM
877 Views
Ultimately, I'm forced to agree completely.
- 09/08/2011 05:09:19 PM
954 Views


You are either really naive or just stupid. Which is it? *NM*