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Thread: Republicans aim to call Obama's 'bluff' on spending cuts

  1. #21
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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by ttwtt78640 View Post
    Closing "loopholes", Obama style, is simply a tax increase (targetted to "the rich"). Closing "loopholes", Ryan style, is always coupled with rate reductions - remaining revenue neutral.
    Doesn't that defeat the purpose?

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by Somerville View Post
    "revenue neutral" will not decrease the national debt.
    Anything short of a 35% increase will not either.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by 0bserver92 View Post
    Doesn't that defeat the purpose?
    That depends on what your purpose is. If your purpose is to take more money, out of the private economy, for gov't redistribution then that is bad, but if your purpose is to let businesses/people spend that money as they see fit, rather than to minimize taxation due on it, then it can help the economy grow.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    I really have no problem with letting departments make the cuts as long as the cuts actually do happen. It is actually kind of the responsible way to do it. What I think is awesome is that if Obama actually keeps the cuts, he will to the fiscal right of the neo-cons. Who knew the liberals would elect such a fiscal paleoconservative.

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by 0bserver92 View Post
    Doesn't that defeat the purpose?
    Actually he was kind of wrong. The idea was to be revenue enhancing with part of the money offset by rate cuts to foster velocity. It probably wouldn't work in this upside down recession, but in a normal recession it would have.

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by j-mac View Post
    This is all such bull! Obama came up with this sequester crap, because he couldn't negotiate honestly with the GOP on a debt ceiling increase some year and a half ago. Now, not only does he want to blame his idea on repubs dishonestly, but want's to use typical fear tactics to get his way...I am so tired of this tin pot wanna be, repubs should ram these cuts right down his throat, and use every chance to make sure that America knows it was HIS idea.
    I agree with you. I also think it's a bunch of inconsequential nonsense. However. Obama is an expert at using the bully pulpit. Others should take note.
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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by MaggieD View Post
    I agree with you. I also think it's a bunch of inconsequential nonsense. However. Obama is an expert at using the bully pulpit. Others should take note.
    That would require that the republicans recognize reality

    What are the odds?
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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by sangha View Post
    That would require that the republicans recognize reality

    What are the odds?

    Recognize what? That Obama is a liar? We already have, if you want deniers of reality in this realm then look to any run of the mill progressive Obama voter.
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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Quote Originally Posted by j-mac View Post
    You call it cooperation, I call it caving....I think it
    is a HUGE mistake.
    No its not. The cuts are still there, and NOW if Obama choses to follow through with is apocolyptic views, then its all on him.

    If he doesn't then he was just lying.

    Its actually brilliant.

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    Re: Republicans aim to call Obama's 'bluff' on spending cuts

    Either way, Obama's in a real pinch.

    This is what happens when you sign something and then demagogue it to death.

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