Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Liberals began tearing into President Obama and Democrats on Sunday, accusing them of caving to Republican demands even before final details of a debt ceiling agreement have been announced.
In a scathing statement based on early reports, MoveOn.org said the “debt deal has gone from bad to worse” and they called it “extremely troubling that it now appears that some Democrats are willing to give in to Republican demands to make this already disastrous plan worse for working families.”
See, obama knows they will still vote for him, but he's after the Indies, who have fled in droves.
However the debt limit showdown ends, one thing is clear: under pressure from Congressional Republicans, President Obama has moved rightward on budget policy, deepening a rift within his party heading into the next election.
Entering a campaign that is shaping up as an epic clash over the parties’ divergent views on the size and role of the federal government, Republicans have changed the terms of the national debate. Mr. Obama, seeking to appeal to the broad swath of independent voters, has adopted the Republicans’ language and in some cases their policies, while signaling a willingness to break with liberals on some issues.
Remember now, obama wanted a "clean" DC increase, he wanted "revenues" (tax hikes), he got neither...and before he can have the remaining traunch, a commission will find almost $2 trillion more, or it goes to the states as a BBA and then across the board cuts if that fails.
How is a deal that continues to increase the debt by $7 Trillion over the next 10 yrs, grow government by 8% per year, and is guaranteed to downgrade our credit rating, a victory?
This is business as usual. It does not addess the out of control spending at all.
Its not anywhere near enough of a victor as I would prefer..
It's a start though.
Quote:
Originally Posted by lifelongMOgal
How is a deal that continues to increase the debt by $7 Trillion over the next 10 yrs, grow government by 8% per year, and is guaranteed to downgrade our credit rating, a victory?
This is business as usual. It does not addess the out of control spending at all.
As long as obama is in the WH and the dems control the Senate, it's the best that can be done...now.
It's the most EVER done before...it's a start, the rest will have to wait for the GOP to take over.
Democrats are going to lose this one. The first stage of the emerging deal doesn’t include revenue, doesn’t include stimulus, and lets Republicans pocket a trillion dollars or more in cuts without offering anything to Democrats in return.
Its not anywhere near enough of a victor as I would prefer..
Obama's ace in the hole is the looming counterproductive tax increase on society's MVP's. Under current law, it will go into effect in 2013. This will happen, unless there is legislation to stop it--veto-proof legislation. In other words, Obama's ideological war on producers has as easy "W" on the schedule.
It is minor consolation that Obama was denied another crack at nailing the makers. Perhaps the vaunted "commission" in the debt legislation will come out with pro-growth tax reform, so we can actually collect some revenues without strangling an economy drowning in Obama's regulatory initiatives.
It is unquestionable that the Tea Party moved the entire debt ceiling deal to the right.
They did indeed, but that's because they had a mandate from the American people, in the form of the latest election.
Actually, I'm rather shocked the dems gave up so quickly on tax increases. I think the dems in the Senate put a stop to that right quick.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
