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Thread: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Case'

  1. #41
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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    yup, it's all turning into a RACE TO CUT

    who can out-slash cuomo, for example?

    or rahm the ram or the massachusetts house?

    the white house, as always, is last on the uptake

    but even the obtuse are beginning to observe the obvious

    if nothing is done to fundamentally restructure medicare---now---for starters, the precious program will plainly expire

    the slasher's concerns, it's true, are restricted to his campaign

    but what's he gonna say?

    stay tuned

  2. #42
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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by Neomalthusian View Post
    Why is everyone talking about $4 trillion in cuts over a decade? So that no one can be held accountable for not following through with it?
    Why, yes, as a matter of fact, that's exactly why.

    $4 trillion sounds like a lot, but it averages out to $400 billion a year, or less than a third of the current deficit. Such a plan would add trillions of dollars to the debt, even if it were to be enacted, and if the $400B were to be spread out evenly over the decade.

    It is political posturing.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by Dittohead not! View Post
    $4 trillion sounds like a lot
    it is a completely unprecedented american politics

    It is political posturing
    what isn't?

    except ryan, he's way too hard

    ie, empirical

    the party in power in the us senate has moved from ADDING two hundred billion per year of debt in february to CUTTING four hundred b's per, as of this morning

    stay tuned

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by The Prof View Post
    it is a completely unprecedented american politics



    what isn't?

    except ryan, he's way too hard

    ie, empirical

    the party in power in the us senate has moved from ADDING two hundred billion per year of debt in february to CUTTING four hundred b's per, as of this morning

    stay tuned
    No, do the math.

    Cutting out $4T over a decade is cutting $400 B per year on average (with most of it postponed to the end of the decade, no doubt, by anyway...) The current deficit is about a trillion and a half, which still adds over a trillion to the debt in the coming year.

    At least.

    We seriously need to lay everything on the table, both guns and butter, and taxes. That won't happen, of course, as both parties would rather simply keep postponing any real cuts and tax increases, while ranting and hooting about the other party.

    What will happen is the government will increase the debt ceiling, eventually the value of the dollar will come down to the point that the debt will be more manageable.

    but the real debt will never be addressed. The voters wouldn't stand for it.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by Dittohead not! View Post
    The voters wouldn't stand for it.
    with all due respect, tell it to cuomo, brown, emanuel, quinn, the massachusetts house, trenton, bing and bobb in detroit...

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by The Prof View Post
    with all due respect, tell it to cuomo, brown, emanuel, quinn, the massachusetts house, trenton, bing and bobb in detroit...
    So, you really think the people you named will be able to change politics in Washington?

    If so, you're a lot more optimistic than I am.

    But, my innate cynicism is wrong as much as 5% of the time, so perhaps you will turn out to be right.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by Dittohead not! View Post
    So, you really think the people you named will be able to change politics in Washington?
    no, they indicate the overwhelming direction of the wind

    and of gravity

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Raise taxes to Clinton rates across the board eventually, cut the defense budget to 10% of the budget, merge a few government agencies into each other, use Obama's plan on medicare, if not raise the corporate tax, lower the corporate tax by 5% but close all loopholes and such, and tell China to go **** itself. I win the Nobel prize.
    "We’re going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that’s crazy." -Reagan

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Obama plan on debt ceiling is clear: Ignore the debt, raise taxes and increase spending.

    Other than increasing the debt, raising taxes and increasing spending, there is no plan from the democrats.

    "Too often we enjoy the comfort of opinion without the discomfort of thought."
    John F. Kennedy
    Quote Originally Posted by Montecresto View Post
    It would seem that the constitution is just a god damn piece of paper, to be trotted out when expedient.

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    Re: Republicans Urge Obama Administration to Draft Plan B on Debt Ceiling 'Just in Ca

    Quote Originally Posted by GPS_Flex View Post
    Obama plan on debt ceiling is clear: Ignore the debt, raise taxes and increase spending.

    Other than increasing the debt, raising taxes and increasing spending, there is no plan from the democrats.
    Other than cutting taxes, attacking Medicare, and political posturing, there is no plan from the Republicans, either. Where does that leave Washington? Planless, of course.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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