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NBC News
It was far from a victory lap. Speaking from the Rose Garden Tuesday, President Obama called the plan to raise the debt ceiling, “an important first step to ensuring that as a nation we live within our means.” Mr. Obama then proceeded to lash out at Congress saying, “it shouldn’t take the risk of default – the risk of economic catastrophe – to get folks in this town to work together and do their jobs.”
The duality of the President’s remarks capped off a long process that has been rife with heated debate and partisan wrangling. After the speech, Mr. Obama signed the compromise plan with just hours to spare before the nation would have defaulted on its loans.
The President also seemed to want to turn the page on the debt limit debate by focusing on the future. He reiterated his call for Congress to take some immediate steps which he says would create jobs including: extending tax cuts for middle-class families, passing patent reform, and passing a set of trade deals. The familiar remarks were an indication that the President is trying to steer the conversation back to jobs and the economy and away from the ugly debate that has dominated the nation’s Capital for the past several months.
But, it’s not clear if the nation is ready to move on. According to a recent Washington Post, Pew Research Center poll, almost three quarters of Americans had a negative word to describe how they viewed the budget negotiations. The top words included, “ridiculous, disgusting and stupid.”
Acknowledging that public frustration, the President reiterated another familiar sentiment: “Voters may have chosen divided government, but they sure didn’t vote for dysfunctional government.” When White House Press Secretary, Jay Carney, was asked if the President felt that he bore some of the responsibility for the “dysfunction,” Carney would only say, ”I think that this President from very early on in this process made abundantly clear his willingness to compromise, his willingness to accept the fact that he would not in this environment, in this divided government, get everything that he wanted.”
The compromise plan will increase the nation’s $14.3 trillion borrowing limit through 2012 and will be matched with about $1 trillion dollars in deficit reductions. Under the second phase of the plan, a bipartisan, bicameral “Super-Committee” will be charged with identifying about $1.5 trillion dollars more in deficit reductions (through entitlement and tax reform). If the committee does not act by Thanksgiving, mandatory across the board cuts go into effect to defense and discretionary spending. Many Democrats are upset because they say the plan will unfairly target the poor and the middle class, and some Republicans argue the cuts don’t go deep enough.
In essence, few were celebrating the passage of the bill, but everyone was breathing a sigh of relief having averted what many economists warned would be a global financial crisis if the debt ceiling were not raised. “We’ve got to do everything in our power to grow this economy and put American back to work” Mr. Obama warned. He and everyone else in D.C. hopes the nation can now, finally, move forward.
President Obama delivers a statement on the bipartisan debt bill that recently passed in both the House and Senate. The legislation pairs an increase in the government's borrowing cap with promises of more than $2 trillion in budget cuts over the upcoming decade.
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Republicans - The party of No
Democrats - The party of can't
A great president once said "Ask not what your country can do for you - ask what you can do for your country"
Republicans are the party of what can I do for my country. Democrats are the party of what can my country do for me!
How true by the president, but this has become a country of what do I get , not what can I give. The only ones that seem to be doing that is our first responders and our men and women in our military.
Tea-orrist party.....I like the sound of that....
Northstar Don't be an idiot.
God bless the national debt.
Ironic that raising the debt ceiling so that we can continue to borrow even further beyond our means to pay is the first step in ensuring that the nation lives within its means.
Who gives a crap about Obama,its the american people who lost in this total BS.So much frickin dept!
Kirby asks: "Would Obama or any other dem have ever said a word about deficit and debt reduction? The answer to that is a clear cut and resounding NO!"
Kirby! If you remember, the Republicans didn't talk that much about deficit reduction UNITIL a Democrat was in the oval office. In fact, the 2nd Bush administration created a massive new perscription drug entitlement (the largest new social benefit since the creation of SS in the 1930's) and fought two wars, and put it all on the nation's credit card. It wasn't until President Obama was in office that they really seemed to start to notice our nation's spending problem. In short, over spending never seemed to bother Republicans in congress unitil it was a Democratic President that was doing it. And, just by the way, the last fiscally responsible president who made meaningful cuts in federal spending (welfare reform) was a Democrat named Clinton.
Dick Cheney, wasn't the cost of the prescription drug entitlement and the two wars in the President's 2012 budget that was voted down, 97-0? Could that have been the "spending" the Republican/Tea Party wants to stop?
It was the Bush administration that created the perscription drug entitlement, not President Obama. The two wars were also started by GWB, and were left to Obama to clean up. As for the Tea Party, they are just a bunch of well meaning but pissed off middle class and working class Americans who have been hoodwinked into supporting the economic interests of the oligarchy which is responsible for the disenfranchisement that made them so angry. To put it another way, business interests and corporations shipped jobs overseas, lined their own pockets during two wars, and looted the nation's treasury during the bailouts. Those same interests have now convinced the people they robbed and left jobless that the corporation that exported their job needs another tax break so they can hire more Chinese to make stuff. Simple, and sort of funny, if it weren't so sad.
Lets assume that is all true Dick. That still doesn't mean that we should continue the massive deficit spending and debt building. It has to stop and we need to get on a path to paying off the debt (not making it bigger) eliminating deficit spending and balancing the budget. But those things alone will not return jobs here to the US. We need to demand that our trading partners compete on a level playing field. Foreign policy is largely the job of the President. Mr Obama has utterly failed at addressing, for example, the fact that China has tilted the playing field in her favor so much that you can hardly find a product on our store shelves that is not made in China. Mr. Obama should be telling the Chinese that, until they start paying their workers competitive wages/benefits and utilizing comparative production and safety standards, we will have no choice but to place tariffs on their products. And that doesn't even start to address the unfair monetary policies being practiced by the Chinese. Mr. Obama can take all the pot shots he wants at Congress, but the fact remains that his foreign policy with respect to making sure that trade is both free and fair is non-existent. AWOL. When is Mr. Obama going to start doing his share of the work?
And if you are going to talk about the Bush wars, be sure to include the Obama wars too. He expanded our involvement in Afghanistan and Pakistan. Still hasn't brought all our troops home from Iraq. In fact there are ongoing considerations that they may stay there beyond December 20212. And he has gotten us into three more wars, Libya, Yemen and Somalia, all without Congressional approval. The only shovel that has been ready during the Obama presidency so far is the one he is using to shovel the shat to the public every time he gives one of his numerous and continuous vague rhetorical speeches that are designed solely towards laying ground work for the 2012 election, rather than providing concrete solutions to our nations problems.
Your points above treat the Obama Presidency as if it existed in a vacuum. President Obama was left to play the hand he was dealt by his predecessor. And it was a terrible hand. What astonishes many moderates is that conservatives can today have such utter certainty about the exact correct course for America after they were so strikingly silent for eight years while their President made every conceivable bad choice imaginable. Cut spending, huh? Why didn't you speak up when Bush invented the largest new entitlement since 1936? Concerned about the deficit, are we? Where was that concern when Bush rammed through tax cuts for corporations and the wealthiest Americans, and increased spending more than any President in US history? Simply stated, GWB was handed the reigns of a powerful and prosperous nation and spent eight years diligently dismantling it. President Obama was made captain of shipwreck when he took office in 2009, and has done his level best, in the face of organised opposition frequently operating in bad faith, to plug the leaks. I agree that federal spending is excessive. But like most large intractable problems, the solution is complex and multi-faceted. We cannot solve the problem of the deficit with spending cuts alone. We need CEOs, bond traders, and corporations to pay taxes in at least as high a percentage as the secretaries and custodians they employ. Unlike the Tea Party, most Americans agree with that.
Your attempt to justify Obama by pointing to Bush is silly. Many people on the right were not happy with the way Bush did things. If the people would learn to stop playing party hack politics and simply voting for the candidates that has a (D) or an(R) next to his/her name , because that is what they have always done, we would all be a lot better off. Yes, Obama and the Dems that controlled Congress and the Senate for two years have now earned their Bush badges and then some. As a result, they have taken a bad situation and made it much worse. Let's all keep cheering for that because Mr Obama has the (D) next to his name, instead of the (R). The fact of the matter is, both sides have been reckless and irresponsible and we need it to stop. You can either vote in a third party or choose to reform the existing parties from within. The TEA party, somewhat effectively, has chosen the latter path. The Dems have no one pushing them towards sanity. They just want to continue unbridled deficit spending and debt building. On the tax issue, see the post 95.1 below regarding Mr Obama's failure to seize the opportunity to accomplish that by his refusal to agree to work for a balanced budget. Please also note his admission that no matter how high taxes go, it will not be enough to salvage Medicare.
He can still do it, but his ideological out look and the far left radical "progressives' in his party simply will not allow him to work towards a balanced budget that requires tax reform/increases and drastic spending cuts/reforms of the 'entitlement' programs.
I WAS NOT attempting to justify Obama by pointing at Bush. I was merely pointing out the glaring hypocrisy entailed with (suddenly) fiscally responsible conservatives who failed to say a word during eight years of the least fiscally responsible Presidency America has ever known. Where were you all ten years ago? Eight years ago? Six years ago? Four Years ago? Yes, we need to cut spending AND we need to raise taxes. The two wealthiest men in America have said that taxes on the rich need to go up. A majority of Americans believe taxes on the rich and corporations need to go up. The broken federal tax policy is currently generating tax revenue to federal government at just 15% of GDP, the lowest since 1959, and less than half of every other modern industrialized nation with a standing military. Yet the Tea Party, led by Grover, stubbornly insists on "no new taxes" when tax revenue has been unsustainably low for better than a decade. For the past thirty years, wealthy conservatives have been saying that if we cut tax rates, revenues will increase. Today, the father of modern American tax cuts, David Stockman, says the Reagan-era tax strategy was a huge mistake, yet conservatives have been pressing bravely forward with tax cuts ever since Reagan. Top tax rate on the wealthiest Americans was 91% in the early 1960s, 70% until Reagan, 50% during early Reagan, and just 35% today. And our problem is purely a spending problem? Why don't you graph the deficit against the Reagan-era tax cuts to the present day, then come back to me and just try to explain how this current crisis is purely a spending problem, as your tragically confused and misguided Tea Party now claims.
Obuma has not one ounce of ability to lead.
You can lead a horse to water but, you can't force it to drink!
Dick,both partys suck,both created these problems and dept and both voted on war.Matter of fact its hard to come up with things the government has done right.Ron Paul is the only one that seems like he has it together.
The banks, wall street and big corporations will continue running America and nothing is changed except the people will be put down further and we will move closer to a depression and a two class society. Our president will probably keep talking about change and acting like a good republican. We better force change. We really cannot afford two republican parties.
We should thank Bernie Sanders and those outnumbered democrats that have continued to fight for fairness and our people. Ir is pitiful that even their own president deserts them.
Frank: I'd like to say my heart feels sorry for you, but I'd be lying.
We need a real progressive to run in 2012.
Maybe Hillary will consider running again.
25Walker said:"We need a real progressive to run in 2012. Maybe Hillary will consider running again."
Her husband was a progressive when he ran, and a pragmatist in office, as I suspect she would be. Besides, no one credible would risk running against Obama in the 2012 primary, and ccertainly not Hillary. She has way too much to lose. Clearly, Obama will be the Democratic nominee. The only question now is which Republican he will run against, and the choices right now range from lame to truly scary. As the Chinese say, we live in interesting times.
I think that Hillary Clinton would be a great candidate...especially since so many of Obama's political voters feel let down.
Why should she be afraid to run?
If there is one thing that can be said about Hillary Clinton - is that she stands her ground and is willing to take the political heat - for what she knows is right - for the "rest of us."
In the 2008 campaign, many people admitted that they could not vote for Hillary Clinton - because she was a woman! Yes, this sounds like Americans - backwards and always willing to make choices that defeat what is truly best for themselves, their families, their states and their country.
In part, if Hillary does not run, it will be due to the Democratic politcal machine not being willing to support her. She is intelligent, experienced, forward thinking and she stands firm in her positions. One of her 2008 campaign's mantra was that she was against "gov't of the few, by the few, for the few."
What is there not to like about her?
However, I do think that her current expressed desire to be the head of the IMF is in part due to the fact that she does not want to be associated with a failed administration.
Obama has raised $86 million dollars. However, can he get 50 million votes?
Your handle/username is Dick Cheney-1097597...therefore, I can understand your position on this matter.
+1, Hilary would have been and should have been our president if the DNC hadn't found a way to split the caucus votes of BOTH Florida and Michigan, the first time in history that had even been done. If she is allowed to to count all the delegate votes from either state, she wins. She clearly won BOTH states, even with the media all over Obama's jockey shorts. For those who don't know, in a caucus state, one hundred percent of the delegate votes go to the majority winner.
My user name was selected ironically. If you read my posts, you'll see that I have very little in common with the former Vice President from a political point of view.
As for the other issue, no one serious will run against Obama in the primary because any sitting (incumbent) President has a massive political advantage (within their own party) that would be almost impossible to overcome. Try to think of the last time a sitting President who sought re-election was upset by someone from within his own party. Some would say the last time was LBJ, though it's not at all clear that he would have lost the Democratic nomination in 1968 if he hadn't bowed out. Before that, I can't think of a single instance where a sitting President intent on re-election did not get re-nominated by his own party. Though many within the Democratic party are upset with Obama for not more aggressively holding his ground against the "scorched earth" tactics of the opposition, I suspect they are even more upset at the political extremists who appear to be attempting to hijack our country. Historically speaking, anger at the opposition and a polarized political climate tends to galvanize rather than fracture a caucus.
25Walker asks, Regarding Hillary Clinton: "What is there not to like about her?"
Hillary is fine, in my opinion. She would probably make a decent President, as most American's feel her husband did. But she will not run because she cannot win against a sitting President from her own party. IF Hillary runs again, it will be in 2016.
I think back to the mid 90's when a Representative from one of the Southern States proposed a flat 16% flat tax broken down as follows: 1% local gov, 2% county or equivilent, 5% state, and 8% Federal (1% Medicare/Medicaid, 2% Social Security, 5% Income Tax). He showed how with this plan everyone pays into the tax, and the Federal Government would be operating in the Black within 6-7 years, Social Security would be saved, and there would be no need for any type of sales tax. What a plan! Now we have everyone blaming each other for our current situation, remember everyone one got paid by the Federal Government on the 1st of the month, I know I am a military retiree, I listening to both liberal media and conservative media, it was interesting how both sides where saying we have the money to pay our debts just not the social programs, or if we don't raise the debt ceiling we will default. What the h**l it can't be both. This situation was a powerplay by everyone involved, the President and Congress (both houses). I think its time we force the government into a flat tax, then everyone pays there appropriate amount form $5,000 to $1 million, if we had a flat federal tax of 10% think how much money our millionaires (Hollywood and Sports figures would have to pay), Asoumuga, got a 32 million dollar deal, think about how much that would go to bringing down the debt.
1
The rest of Obama's term as President will be bleak and discouraging. Until the unemployment and debt problems are solved, things will be gloomy. He and his socialist friends won't be able to resolve our problems and the majority of American's already know that ........... and so does Obama.
Willie12345
I rather deal with a socialist than a dictatorial extremist. Be careful of what you say!
Industrialised socialist nations collect taxes at an average of 40% of GDP, industrialised capitalist nations collect taxes at an average of 30% of GDP.
While supporting the worlds most expensive standing military, we are currently collecting taxes at a rate of 15% of GDP. What does that make America?
Broke.
Hmmmmm, I wonder why he didn't say anything like that during the two years that the Dems controlled Congress but DID ABSOLUTELY NOTHING TO ADDRESS THE DEFICIT SPENDING AND DEBT PROBLEMS. What a sorry excuse for a leader Obama has turned out to be. And do you think he and the Dems will be making any concrete proposal to deal with the problem between now and the 2012 elections? NOT A CHANCE. But you can be damn sure that he will try to snow the voters into believing that he has done something to address the issues. Pure hack politics. Obama/Biden, 1 and Done
KingK
Its impossible to handle the debt if we don't have income! A tax increase is needed. It should'nt be all on the middle class and lower class Americans.
Did you forget that the Moment Obama was elected the GOP created the TP with the help of the whackos of Glenn BecKKK and Sarah NO CLUE.....Palin. Their first rant was "Take our country back!" From What?... the Black President? When that wasn't enough they sent the mindless sheep to arm themselves and trade ballots for bullets. Reminds me of the time MLK was Considered a threat to the country. Its not supose to be about race, but it really is! My point is that how can anyone get anything done when your faced with such hostility. Gifford was a victim of the TP extremist. How many more must suffer for the irrisponsablity of The GOP? Its been ten years now!
OBAMA 2012!!!!!
you can't be serious
Obviously you have been watching Olberman and the Ed show too much. The Gifford's incident had nothing to do with the TEA Party. The guy was a certifiable lunatic and there is not a shred of evidence to tie him or his actions to the TEA party. So cut the crap. Likewise, its time to stop using the race card. Deal with the facts. We have a 14 going on 17 trillion dollar debt that is eating the country alive. If you are so worried about social programs, I suggest to you that once we stop borrowing 40 cents of every federal dollar spent, get the debt paid off and stop deficit spending and address our trade issues, there will be less need for social welfare programs and more money to pay for that which is needed. And last time I looked, Beck was an opinion talk show has been and Palin is not in office and not running for anything. Just ghost in the closet rhetoric. What ever happened to the civilty Obama and the Dems were calling for after the Gifford's incident? Now the liberal"/"Progressive" are calling people that want a balanced budget jihadist and terrorist. Bunch of hacks that can't deal with reality.
kingk
you must be delusional. if you haven't notice those who stand on the soap box hold responsibility of what is being said. yes Palin is flaunting with the presidency.
Balanced Buget is not what the GOP/TP is about. Yes I agree with you that social welfare must be reviewed.
The race card was in play the moment Obama was elected. Lets not forget its only been 40 years since MLK. those people who were present then are present now! When all I hear from the right is how those people want the hand out for they could pop out more babies and eat the government cheese. Who do you really think they are talking about?
The fact is the entitlement programs are not realy entitlements;WE paid for them. Now because the rich want to say that the reason we're in this crisis is because of SS and Medicare, the mindless sheep who are bias and prejudice will accepted it and roll with it.
The Tea party are terrorist! they don't care about a balanced buget; they're just using that as a front. The TP supporter would be happy to see universal slavery, black,white,red,yellow,brown.
In case yo didn't notice, the Repubs included the balanced budget amendment in the legislation they passed in Congress that the Dems tabled the minute the bill got to the Senate, Repubs kept on insisting that a balanced budget amendment be included in the legislation. It was not included because Obama pledged to veto it and harry Reid refused to bring it to the floor of the Senate for a vote. There are Dems out there that support it, but they are not the far left "progressives" currently controlling the Dem party.
Sorry you're disappointed KingK, however, if he hadn't inherited the biggest mess since Hoover I wander what would have happened. You know there is no reason all of our countrymen shouldn't have access to health care, jobs, or fair taxation for all. Actually none of the Debt debate would have come to light except for the treasonist actions of the Tea Party Members. Yes treason. they are not the representative of a fraction of the country but all of the country and their action only affirms the old saying, "Never underestimate the power of stupid people in large numbers."
RedNeckRev
If you think it is treason to demand that our government stop massive deficit spending, stop massive out of control debt building and work towards restoring fiscal sanity and a balanced budget, than you have been drinking too much moonshine and sniffing too much church incense. Wake up man. We have a $14trillion debt that Obama has, overnight, now been given the green light to expand it to nearly $17Trillion by the end of the year. The federal government currently borrows 40 cents of every dollar it spends. That figure is expected to grow to 60 cents of every dollar the government spends in the not too distant future. It can not continue. It is far beyond what it should be. I know all of the Obama supporters were hoping that Mr Obama's presidency was going to be one great social welfare spending spree. Government checks for everyone. But man, it ain't going to happen. And we simply could not afford it even if our economic picture was rosy. Because sooner or later the money will run out, it has already, and people will have to have private sector jobs with long term potential, not government handouts and temporary public sector make work project jobs.
There was and continues to be a fiscal mess. But to use Obama speak:
You don't get a car out of the ditch by digging the ditch into a massive crater while removing the tires and engine from the car.
BTW, Mr Obama just passed up a major opportunity to address the taxation issue, but his refusal to agree to a balanced budget amendment and unwillingness to work towards a balanced budget took away his ability to bargain for tax reform and/or increases. He could have told the Repubs that he would agree to back a balanced budget amendment (which would not have kicked in until Dec. 2016 at the earliest) in exchange for the Repubs agreeing to tax reform/increases. Both sides could have also stipulated that the increased revenues generated therefrom would be used exclusively to pay down the debt. But Mr. Obama's refusal to go the real balanced approach, by agreeing to a balanced budget amendment, did away with his ability to negotiate for tax reform/increases.
I'm not a TEA Party member, but they deserve credit for getting both sides to even discuss the issues of cutting/eliminating deficit spending and stopping debt building. The issue is no where near resolved.The current plan continues deficit spending and debt building.And we all have to start demanding that it be resolved. Raising taxes alone will not got it done.
Here is what Mr Obama said just about a few week ago:
Please pay careful attention to Mr Obama's admission that "no matter how much taxes go up",Medicare will run out of money and we will not be able to sustain that program.
Hence, it needs to be reformed and cut back. But when the Repubs put proposals on the table to do just that, Obama and the Dems resort to fear mongering tactics to try and get an edge in the upcoming elections rather than trying to find a solution.
KKing writes: "But when the Repubs put proposals on the table to do just that, Obama and the Dems resort to fear mongering."
We need to raise taxes on the wealthiest Americans & corporations. Why? Because tax rates presently put collections at 15% of GDP, the lowest since 1959, and the lowest of any industrialized nation with a standing military. Any solution begins there. Yet the Tea Party pesistantly follows Grover's 1st commandment of no "new" taxes. Whenever the Republicans propose yet another tax cut for the wealthiest Americans, it's always "temporary." But when Americans feel its time to end the "temporary" tax breaks for the richest Americans, Grover and his Tea Party call the termination of the "temporary" tax break a "new" tax. Until the Republicans allow their friends to pay taxes at the same rate as the middle class, we can't crawl out of this hole that thirty years of Republican tax cuts (and BOTH parties excessive spending) have stuffed us into.
Teabaggers!
When you send the GOP to @!$%# with the people who make this great country... You will get in the balls.
The GOP should know better than to bite the hand that feeds them.
OBAMA....2012
Beside you won't see many Blacks or Latinos vote for the GOP!
We are the majority the Census said so, and I know so! Scary isn't!........NOT FOR ME!!
So the Teabaggers can yell and stomp around all day, my people will be present on Election Day
Eat you heart out BITCHES!!!
How many times will we hear the Campaigner/BSer-in-Chief's famour words, "The first thing I think about when I get up in the morning and the last thing before I sleep is ......don't 3 putt"? Must have been a real pain not being able to play golf and instead making speeches to call your Congressmen. He missed a big opportunity by not also including a 800 number to get in on the ObomoLotto - lunch with him at KFC or second place, a hot dog with the hot dog VP at Nathans. Reponse to this messasge can be found in your Barry Obama Coloring Book of Internet Responses for the Great Unwashed. Bigot and racist are found on page 2 - it was Bush's fault on page 1. Go for it.
The real facts:
Trending up- The National Debt, Gold and Healthcare Costs
Trending down - The Economy, The Dollar, Employment and Housing
The socialist solutions put forth by this President have not worked and will not work.
All we get from Obama are attacks on successful Americans and successful businesses, blame placed on everybody, everything, every world event and one excuse after another.
tony
the reason those American and business owner are successful is because the consumer got them there. the consumers are mostly of middle and lower class Americans. so the rich want to complain that they are the victims, and we should feel sorry cause they Don't make enough to add the second pool to their sixth mansion in the hills. Obama has not attacked the Successful Americans and Businesses; they have attacked us, the consumers.
TAX THE RICH AND CORPORATIONS 100%
They want to charge at high prices but expect to pay less than the minimum.
Oh you can bet Obama will be taking his victory lap on how he saved the country from financial ruin at every stop on the campaign trail.
He will ignore the fact that the deal keeps in place the inflated government spending, up 28% since he took office.
He will ignore the fact that the cuts in spending over the next 2 years amount to about 66 billion dollars or roughly five days of lunch money for Washington.
He will ignore the fact that at the end of this 10 year non-solution the United States national debt will still increase to 25 trillion dollars.
He will ignore the fact that this non-solution he signed does absolutely nothing to stop the financial collapse of the United States, but rather ensures it will happen after he leaves office.
He will ignore the fact that he will as president add more to the national debt then all previous presidents combined.
Obama will simply ignore the facts and talk a good game, after all that is all his supporters need to hear.
Now the president can go back to his real mission[hopefully it turns out to be a failure]trying to get reelected.He better have a lot of GOP and tea party voters on his side because SENIORS and legitimate Demos are goig to have a different view of his re election. Hopefully a new Democrat will enter the race.
So the moonbats that can't call "Terrorists" "Terrorists" call Americans that want a BALANCED BUDGET "Terrorists"
The shellacking the libs took last November is nothing compared to the tsunami coming in 2012!
It's going to be AWESOME!!!!!!!!!!!!!!!!!!!!!!
Hey President Obama, Republicans and Democrats......don't break your arm patting yourselves on the back. The only thing you accomplished is to kick the can down the road and another drama will ensue in the fall. They are ALL TO BLAME.....quit the partisan rhetoric and pray we don't head into another double-dip recession. You can't argue with the data: housing, jobs, manufacturing, and exports are in the dumpster....
Reagan said that deficits do matter and criticized Carter for them. Reagan then went on to triple the national debt. Cheney changed Republican orthodoxy by saying that deficits don't matter. Cheney/Bush then went on to double the national debt.Now that we have a Democratic president, Republicans are returning to the old orthodoxy, saying that deficits do matter -- except, of course, when tax cuts for the rich are at stake.
I will ,once again repeat. we can't grow our economy unless we deal with the lack of job growth. The only way to grow that is by stopping the outsourceing of jobs overseas. That can only be accomplished by treating the foreign manufacturing of parts as foreign goods and taxing them as such.also by having the super rich paying their fair share of taxes.
I will .once again ,repeat, we can.t grow our economy unless we deal with the lack of job growth. The only way to do that is by stopping the outsourcing of jobs overseas. That can be accomplished by treating the foreign manifacturing of parts,or the whole product as foreign goods and taxing them as such. We also must tax the super rich their fair share of income taxes .We must also stop unneaded Subsidees.