We have a deal!! Back to life as normal...

[Engineer]

When Zorkorist weighs in, the conversation is over. It's like trying to reason with a pig.

Yes, I've seen it before and quite frankly, even if he made a decent argument (which he doesn't), I'm too tired and have to go to work at 4:30.

 

[Thump553]

The entire budget discussion should never have been tied to this debt ceiling vote. They are two separate issues, we are obligated to raise the debt ceiling to pay for the budget we ALREADY approved. It's beyond ludicrous to think that it's acceptable to simply not pay our bills.

A good issue was brought up by several of the CNN economists, and that is we are forgetting about job creation entirely. The best way to stimulate the economy is through jobs, not by cutting spending and slashing departments of the gov't. I would like to see our Congress as focused on job creation as they were on the debt ceiling. A more balanced budget is only part of the equation we need to solve to get our economy back on track.

Good summary of actual reality. Unfortunately MSM gets more ratings by focusing on the battle, rather than the principles involved and the GOP/Tea Party did a tremendous job (again) by defining the dominant issue and keeping that at the forefront.

I'm disappointed in Obama by pulling the usual politician move-trying to get on the currently popular side of an issue rather than doing what is right. But he did see the handwriting on the wall-the GOP machine was going to push this to the wall and quite possibly beyond-if it failed they could blame out of control teabaggers.

This damaged the economy greatly by reducing consumer and business confidence, in addition to effectively barring any real efforts to stimulate job growth.

We made our bed, now we have to live with it. History will judge this bill to be a dumb move, as was the continuation of the Bush tax reductions.

 

[Zorkorist]

History will judge this move as the beginning of bringing fiscal responsibility to Government.

We all know it, you and I, but the Tea Party has now taken it nationwide.

It's a gorgeous slam on Obama, and Government.

-John

 

[Zorkorist]

Lord knows neither of the Bush's were frugal.
Lord knows Clinton wasn't frugal.

The only way to limit Government, is to stand up, and throw the Tea overboard!

-John

 

[mchammer187]

Lord knows neither of the Bush's were frugal.
Lord knows Clinton wasn't frugal.

The only way to limit Government, is to stand up, and throw the Tea overboard!

-John

Good luck with that

http://tpmdc.talkingpointsmemo.com/...partiers-oppose-cuts-to-medicare-medicaid.php

Poll: 70% Of Tea Partiers Oppose Cuts To Medicare, Medicaid

 

[Zorkorist]

Medicare and Medicaid would be the last things to cut, obv.

Do you realize there is an Education Department?

-John

 

[Zorkorist]

We coiuld probably cut that, without making America too dumb.

We could probably also cut the Agriculture Department, without making American's starve.

-John

 

[mchammer187]

Department of Education 46 Billion

Cut the entire Cabinet which includes the Department of Defense and we are still running 500+ Billion Dollar Deficit

 

[Zorkorist]

So stop all spending...

Government, Lawyers, and Insurance companies need to stop getting their free rides.

-John

 

[Petunia]

Not even close.

If Obama got what HE wanted we'd have more spending and more taxes.

It is the Tea Party that is moving the country to the right.

Are you smoking weed? His initial budget plan called for spending cuts and tax increases. The rethuglicans would not let anything pass that contained tax loophole fixes or revenue increase.

 

[Zorkorist]

And here we are, spending like mad men.

-John

 

[Zorkorist]

NO!

NO?

We are not spending like Mad Men?

Someone finally said stop spending?!

Everyone needs to join the Tea Party.

-John

 

[senseamp]

Stop spending in the middle of a recession. Now that's mad.

 

[sportage]

Back to "normal"?
Sure will be....
I predict by February 2012 unemployment will spike to a full two digit 14% nationwide. Completely the result of republican policy successes by getting their way out of the debt deal. No revenues and massive spending cuts during a recession, we will witness unemployment flourishing during 2012. Companies are getting ready to layoff at rates never before seen in this country, starting in early 2012. That includes layoff rates immediately following the year 1929. Everyone will be affected, either directly or indirectly. More so directly. If that is the "normal" you desire, you shall have it. Remember to thank republican trickledown economics for the country record breaking unemployment coming soon to a company near you.

 

[ProfJohn]

Are you smoking weed? His initial budget plan called for spending cuts and tax increases. The rethuglicans would not let anything pass that contained tax loophole fixes or revenue increase.

Proof of this??

Have a plan you can link to for all to see?

I do here it is:
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/hist.pdf

 

[Gonad the Barbarian]

http://www.washingtonpost.com/polit...washington/2011/08/02/gIQARSFfqI_story_1.html

"I think some of our members may have thought the default issue was a hostage you might take a chance at shooting," he said. "Most of us didn't think that. What we did learn is this - it's a hostage that's worth ransoming."

 

[Bitek]

Ummmm. You can't be serious? Average minimum wage now is around $7.25 last I looked. That works out to about $15,000 a year. You are lucky to be able to survive on that. And you think lowering it will help? You'd force more and more people into government programs in order to just get by.

As for dropping insurance.... Sees previous comment.

Where I live, you can't hire illegals to work for that sort of money. Even they go for 10-12/hr.

 

[Bitek]

NO!

NO?

We are not spending like Mad Men?

Someone finally said stop spending?!

Everyone needs to join the Tea Party.

-John

Like who? Ghost of Herbert Hoover?
China?
Anyone who wants to see America go down?
Even bin Laden could only threaten to destroy a few buildings from a cave.

The TP jihadis are threatening to destroy the whole national economy from inside the Congress. And they are getting paid by the country to do it. Amazing. Surely bin Laden is smiling from below as we self-immolate.

The only difference I can see is that others do it by intention, TP does it out of fear, ignorance of economics, rabid hatred of Obama, and a special brand of crazy sauce that lets them think they are "helping"

 

[Fern]

-snip-
No revenues and massive spending cuts during a recession, we will witness unemployment flourishing during 2012.

Relax.

There no "massive spending cuts". I'm highly doubtful there are any spending cuts at all, at least none that aren't already planned like troop draw-downs in Iraq.

Remember the 'baseline budgeting' system Congress uses?

Fern