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Economists seem pretty upbeat. I don't agree with all of it, and I do think they punted on entitlement reform, but I gathered that at least two things happened, the GOP reentered the realm of sanity, for the time being, and Boehner grew a spine.
They basically kicked the can down the road, but at least this time they kicked the can two years down the road so we don't have to watch the Tea Party people hold their breath until they get their way every 3 months.
They basically kicked the can down the road, but at least this time they kicked the can two years down the road so we don't have to watch the Tea Party people hold their breath until they get their way every 3 months.
Given their age, two years is pretty good. A few more of the loony Tea Partiers will be reentering the carbon cycle. And more Millennials will be of voting age. Hopefully good sense will eventually prevail.
Economists seem pretty upbeat. I don't agree with all of it, and I do think they punted on entitlement reform, but I gathered that at least two things happened, the GOP reentered the realm of sanity, for the time being, and Boehner grew a spine.
I think it offers a coffee break time to the nuts driving Congress.
Economists seem pretty upbeat. I don't agree with all of it, and I do think they punted on entitlement reform, but I gathered that at least two things happened, the GOP reentered the realm of sanity, for the time being, and Boehner grew a spine.
I think with the fumbling of the Healthcare.gov launch, the GOP has realized it is in their best interest to not be seen as the troublemakers for a while.
As for this budget, I certainly didn't get everything I wanted, but it is a compromise and it is better than the sequester.
It appears to be OK. Neither side got everything they wanted, so it probably a decent compromise. Glad to see that the Democrats are willing to accept a compromise solution. That's a good change. Glad they finally decided to stop extending the unemployment. Sorry, but 2 years is no longer unemployment it's welfare.
It's probably the best that can be expected with spendaholics controlling both the Senate and WH. This only bumps up spending by about $45 billion, which is chump change in the wealthiest region of America, i.e. DC.
Under Pelosi/Obama/Reid, spending went up by $530 billion in one year. The Republican-controlled House has done a remarkable (and little noticed) job in not allowing spending increases since 2010. From 2011 to 2012 spending actually dropped by $100 billion (inflation adjusted). Historical Federal Receipt and Outlay Summary
Obviously we're looking at another year of an elephantine deficit, but that can't be fixed til 2017 anyway. This shuts up the howling from the media about gov't shutdowns, and will keep the focus where it should be until Nov, 2014--on Obamacare.
You know you have a compromise when nobody leaves the table happy.
For once, bravo to congress for actually getting something done. It took long enough.
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