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Thread: New battle over debt limit inevitable?

  1. #31
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by lpast View Post
    Wont happen
    Doesn't mean I stop hoping though.... and shutdowns have happened before.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  2. #32
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by donsutherland1 View Post
    Unfortunately, it is easier for political leaders to posture than to take the tough decisions necessary to pursue fiscal consolidation. Yet, if fiscal consolidation is not pursued early on when the luxury of time is present for a transition, more wrenching austerity could later become necessary. Austerity would be far more painful and far more unpopular than medium-term fiscal consolidation pursued over a 5-10-year period.
    All they have to do is sit down and COMPROMISE....thats it...come to a give and take agreement....you have two opposing side...one says this or nothing, that has never worked and will never work.....COMPROMISE...the gop has to tell the teaparty to go get lost

  3. #33
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by Blue_State View Post
    New battle over debt limit inevitable? - CBS News

    And I give you what our political debate between the President and Romney should be. We need tax reform and spending reform quickly.
    I don't understand US politics. Rather than discuss decreasing the debt or even fight over how to decrease the debt, they're fighting over whether to raise the debt ceiling. Irresponsible, incompetent idiots
    "The misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all" - Joan Robinson
    "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries" - Winston Churchill

  4. #34
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by lpast View Post
    All they have to do is sit down and COMPROMISE....thats it...come to a give and take agreement....you have two opposing side...one says this or nothing, that has never worked and will never work.....COMPROMISE...the gop has to tell the teaparty to go get lost
    You mean with Reid and Pelosi the king and queen of compromise?

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    Re: New battle over debt limit inevitable?

    Isn't compromise the bus that got us here?

    So we want more of the same......
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by Ockham View Post
    Isn't compromise the bus that got us here?

    So we want more of the same......
    Just because both sides compromised badly, does not mean that NO compromise is the answer either. Swinging from one extreme to the other never works.

  7. #37
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by TheNextEra View Post
    Just because both sides compromised badly, does not mean that NO compromise is the answer either. Swinging from one extreme to the other never works.
    Since there's no compromise improvement plan, what makes anyone think the bad compromises of the past will not continue? I'm not suggesting a swing to extremes... fiscal responsibility is not an extreme position.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  8. #38
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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by Proud South Korean View Post
    I don't understand US politics. Rather than discuss decreasing the debt or even fight over how to decrease the debt, they're fighting over whether to raise the debt ceiling. Irresponsible, incompetent idiots
    It's even better than that. The folks making noise about shutting down the government because of overspending JUST broke the promise they made to cut spending the last time they threatened fiscal suicide, purportedly over too much spending. You can't make this **** up.
    "The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess. ... It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion."

    -- Adam Smith

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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by Ockham View Post
    shutdowns have happened before.
    And at times have been quite beneficial. Sometimes it takes an eye-opening shock to the system from time to time to bring people back to reality.

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    Re: New battle over debt limit inevitable?

    Quote Originally Posted by Ockham View Post
    Since there's no compromise improvement plan, what makes anyone think the bad compromises of the past will not continue? I'm not suggesting a swing to extremes... fiscal responsibility is not an extreme position.
    Ah yes, the cry of fiscal responsibility. Is that the fiscal responsibility of no cuts to the military while having all cuts on social programs, or is it the fiscal responsibility of all cuts to the miltary and no cuts to social programs.

    While saying "fiscal responsibility" is not an extreme position, it actually is an extreme position as the GOP and Dems have done.

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