TacticalFox88 said:Yes, im THAT cynical about the intelligence of the average voter
For good reason...
TacticalFox88 said:Yes, im THAT cynical about the intelligence of the average voter
From Ezra Klein this morning:Novid said:What are the other nations that have one?
http://www.washingtonpost.com/blogs...-ceiling-gone/2011/07/18/gIQAMZGoLI_blog.htmlMoodys wants the US to eliminate the debt ceiling entirely. This is very, very good policy. Denmark is the only other country with a comparable setup, and other developed countries seem to get on fine without it. Indeed, the U.S. got on fine without it between 1979 and 1995, when the Gephardt rule meant that spending bills that increased the debt automatically increased the debt ceiling as well.
Has he never read the Torah? The Torah is as legalistic as Shari'ah. Both Islam and Judaism emphasize a comprehensive and extensive religio-legal system. Moreover, that is one of the primary reasons the concept of Judeo-Christian tradition makes decidedly less sense than Judeo-Islamic tradition. I suppose it depends on his criteria for "America's traditional religions," but I doubt he omits Judaism. And I will ignore the other bigoted nonsense.besada said:Probably been covered before, but this made me stop and laugh out loud:
http://www.huffingtonpost.com/2011/07/17/herman-cain-fox-mosques_n_900939.html
Because no one would ever try to enshrine Christian religious principles in law...
Oh, wait. He's forgotten Roy Moore, from his own state.
There are institutional differences that confer the president with certain advantages during negotiations; conversely, these differences may prove liabilities during elections. Still, the president usually wins the battle with Congress for public perception.besada said:Poll: Americans Unimpressed With GOP in Debt Talks
http://tpmdc.talkingpointsmemo.com/...nimpressed-with-gop-in-debt-talks.php?ref=fpa
gcubed said:you can't use west wing offices in campaign ad's, etc. There is enough backlash from using backdrops instead of the actual location, the only difference is you can't use White House offices, the map room is part of the residence.
Did it?Bulbo Urethral Baggins said:I think it once served an actual purpose, didn't it?
GhaleonEB said:For Republicans, this plan is something close to the best of all possible worlds (sorry, but I do not consider a world in which "Cut, Cap, and Balance" passes to be a possible one): It's all spending cuts and no revenues. It's a little plan that denies the Obama administration the political and substantive benefits of a big plan. It's a multi-part plan -- which is more important than people realize -- that forces Democrats to take three hard votes between now and the election, and almost ensures that deficit reduction will be an issue in 2013 and beyond. It's a plan that smartly pockets more than a trillion dollars in spending cuts Democrats can sort-of accept and only then begins a grand bargain process, ensuring that if there's a grand bargain later, it will cut far deeper into the bone of Democratic priorities. If it passes, Republicans will have escaped these negotiations without making any significant political or policy concessions.
As for the Democrats? Well, it's a deal. No particular part of it is so objectionably that Harry Reid couldn't pass it if he tried. And it raises the debt ceiling. That's not a particularly rousing argument, but perhaps it will be enough.
The great negotiator in action.
http://www.washingtonpost.com/blogs...-debt-ceiling/2011/07/18/gIQAKoRZLI_blog.html
It is OK for the little people to pay taxes.Oblivion said:Yet his comments on the Ryan budget intrigued me since the Ryan budget states, quite clearly from what I remember, that taxes will be RAISED on the working poor. Isn't Paul Ryan (and by extension Norquist himself) in violation of his own pledge in that case?
No one has to pay more if you start slashing the government.Oblivion said:But it also got me wondering how the fuck can one follow Norquist's idiotic pledge in the first place. One of the most fundamental concepts of economics is the idea of no free lunch, you can't have something for nothing. If one person pays less (such as the rich, getting a tax cut) that means somebody ELSE has to be paying more (such as everyone else).
Chichikov said:Did it?
When was it?
I honestly don't know.
You are correct. Cutting 2 trillion is easy. Anyone can stop paying for certain programs. What is hard is controlling the growth in spending that is coming. Baby boomers are going to retire and send our current retired population from 12% to 20%. This means social security, which has controllable growth, and medicare, which has uncontrollable growth, costs more to the government. That along with delayed payments on our debt makes the future interest payments higher. You could say cut 1 trillion this year, and then next year see a raise in the cost of Medicare of 1.5 trillion. Boom your cuts have already happen and now you have a new deficit of 1.5 trillion dollars.Jason's Ultimatum said:How much is spending suppose to go up in the next decade if all else is constant? It would seem pointless if spending dramatically increases while you only cut like, say 4 trillion dollars in the next decade.
As I understand it, the debt ceiling was initially designed to make Congress' job easier--initially, Congress had to appropriate spending for each individual bill that required it, which got to be pretty onerous around WWI. So they implemented the debt ceiling instead, which was like a blanket authorization to borrow up to a certain amount before the issue would have to be revisited.Chichikov said:Did it?
When was it?
I honestly don't know.
Journeywalker said:I think it makes sense to have some kind of Congressional check on the Treasury, but I can't think of anything that would be better than the debt ceiling. Making a debt ceiling as a percent of GDP has its own issues. GDP estimates fluctuate and respond to monthly job/housing data. There's the question of what to do when GDP decreases (do we pay people less?). Furthermore, do we count individual state debt (92.7% according to IMF) or not (58.9% according to CIA and Eurostat).
Speak of the devil.Oblivion said:There was an article at The New Republic the other day that was talking about how Obama was chose to take a deal with massive spending cuts because it would some how help him MORE in terms of passing progressive legislation in the short term (or long term, one of those). Basically, a case of it just "seeming" like a shitty deal, but in fact was Obama playing 11th dimensional chess or some shit.
Until then, I think I'll stick with Obama just being a douche.
I share your disapproval of both. And I concur that Palin would improve Obama's prospects markedly; of course, she is not even running, so I will ignore her. Nonetheless, I do not think Perry should be immediately dismissed. A multi-term governor from a large state is an impressive resume for a prospective presidential candidate; moreover, he is an incumbent. Would he be an especially formidable candidate? No. Similar to Romney, I think he would be an average nominee.Hylian7 said:I don't frequent PoliGAF, so I apologize if this has been discussed to death around here, but is anyone (even within the GOP) actually taking Rick Perry seriously? If the GOP nominees come down to being between Palin and Perry, it would seem like Obama pretty much automatically wins re-election.
If I didn't make it clear, let me say that I am not a fan of either Palin or Perry at all.
GhaleonEB said:Speak of the devil.
Coburn rejoins Gang of Six, backs $3.7T deficit-reduction plan
Democratic and Republican senators are rallying behind a $3.7 trillion deficit reduction plan unveiled Tuesday morning by the five remaining members of the Gang of Six.
Sen. Tom Coburn (R-Okla.), who pulled out of the Gang of Six in May, has rejoined the group and praised the plan as something that could win the 60 votes needed to pass the Senate.
The plan has moved significantly and its where we need to be and its a start, Coburn said. This doesnt solve our problems but it creates the way forward where we can solve our problems.
Theres a lot of support for turning the gang into a mob, said Sen. Mark Udall (D-Colo.), who said he would support the gang's plan.Coburn said it would reduce the deficit by $3.7 trillion over the next ten years and increase tax revenues by $1 trillion by closing a variety of special tax breaks and havens.
Coburn, however, noted the Congressional Budget Office would score the plan as a $1.5 trillion tax cut because it would eliminate the Alternative Minimum Tax. It would generate a significant amount of revenue out of tax reform and reduction of tax rates, which authors believe would spur economic growth.
Coburn said he expected a significant portion of the Senate to support the plan, maybe sixty members.
He endorsed the plan to colleagues during Tuesdays meeting, according to a lawmaker who attended.
Sen. Kay Bailey Hutchison (R-Texas) said the plan negotiated by the remaining members of the Gang of Six, Sens. Kent Conrad (D-N.D.), Mark Warner (D-Va.), Dick Durbin (D-Ill.), Mike Crapo (R-Idaho), and Saxby Chambliss (R-Ga.), could win a majority of votes in the Senate.
Likely 60, she said. The House should like this plan because it has spending cuts and I believe it will spur the economy.
Hutchison said she would vote for it and urged House Republicans to back it as well.
It think that they have produced something that has mechanisms that are concrete and thats what I think what the House is looking for and we are, she said.
The gang of six-plus is back, Warner declared after the meeting.
Conrad said the Gang has given their colleagues 24 hours to say whether they are on board and the signs are encouraging since Republicans and Democrats in the room stood up to support the framework.
We need to get to 60 senators. Six senators cannot pass anything, he said. Conrad said he does not know if the framework can be used to resolve the debt ceiling crisis but that could be a possibility if enough senators sign on.
He said that Coburn was enticed to rejoin the group because the Gang agreed to add $116 billion in heathcare entitlement savings to the framework. He said the way the extra reductions are achieved is up to Senate committees, but the framework specifies that if the target savings is not achieved 10 senators can propose a way to do so on the Senate floor and have the plan receive expedited treatment on the floor.
Conrad said that 74 percent of the plan's deficit-reduction goal would come from spending cuts and 26 percent from higher revenues.
More than 50 senators, including an even mix of Democrats and Republicans, attended a briefing by the architects of the plan.
That's about half the article. Very, very few details are included, but it's a higher mix of revenue increases than Obama was negotiating toward (17% of $4t). It was negotiated with three Dems and two GOPers, before Coburn joined up again.
It would make too much sense.GaimeGuy said:Why not just index the AMT?
Jackson50 said:I share your disapproval of both. And I concur that Palin would improve Obama's prospects markedly; of course, she is not even running, so I will ignore her. Nonetheless, I do not think Perry should be immediately dismissed. A multi-term governor from a large state is an impressive resume for a prospective presidential candidate; moreover, he is an incumbent. Would he be an especially formidable candidate? No. Similar to Romney, I think he would be an average nominee.
There's lies, damned lies, and then there's jobs numbers.eznark said:I still think Perry is the strongest shot the GOP has. He can speak well and has a "jobs" record that he can run on that won't be easily dismissed by the general population if we're still facing double digit unemployment numbers.
GaimeGuy said:Why not just index the AMT?
Stop using spending decreases as a justification to lower taxes. That just nullifies the debt/deficit effects, which were the point of the spending decreases in the first place, right?
Invisible_Insane said:There's lies, damned lies, and then there's jobs numbers.
Invisible_Insane said:It would make too much sense.
eznark said:Turns out, people dig jobs numbers, even bullshit like "saved jobs."
The state with the most oil production and the oil services industry had some of the best job numbers as oil went from $20/barrel to $100/barrel.eznark said:I still think Perry is the strongest shot the GOP has. He can speak well and has a "jobs" record that he can run on that won't be easily dismissed by the general population if we're still facing double digit unemployment numbers.
I'll get us started:DasRaven said:We could fill a whole thread with wise & reasonable things the US Government could do but doesn't/can't with the current Legislative branch. Indexing the AMT wouldn't even make the top 20.
BTW: I'm liking the Go6 plan. And in the 11th hour as we are, I fully expect that it'll get more support than the Senate's abdication of authority plan and the built-to-fail Cut/Cap/Balance plan.
eznark said:I still think Perry is the strongest shot the GOP has. He can speak well and has a "jobs" record that he can run on that won't be easily dismissed by the general population if we're still facing double digit unemployment numbers.
DasRaven said:BTW: I'm liking the Go6 plan. And in the 11th hour as we are, I fully expect that it'll get more support than the Senate's abdication of authority plan and the built-to-fail Cut/Cap/Balance plan.
speculawyer said:The state with the most oil production and the oil services industry had some of the best job numbers as oil went from $20/barrel to $100/barrel.
Well, to replicate the success all Perry needs to do is implant oil in all of the other 50 states! I'll vote for him if he can do that.
PhoenixDark said:Perry is a clown, but an effective one with an impressive economic record. He's the only candidate who can appease the business community and tea party base at the same time, plus he's coveted by the Evangelical wing. I had thought Pawlenty would do that but clearly his campaign is dead.
We don't like that 'round these parts.Invisible_Insane said:It would make too much sense.
eznark said:You guys get too complicated with your analysis. The public won't fucking care what the circumstances are. And even if they do, what's the attack ad going to be? "Compared to Texas, American fucking sucks so there is no way Perry could be successful on the national level."
c'mon, Perry has a "proven" record of job creation during the worst economy in our life times. That will resonate.
gkryhewy said:Me too -- but does it have any chance with the Taliban in the House?
gcubed said:if you jump on the Perry bandwagon he is doomed
Do you want to bet a one year account ban if Obama wins? Please say yes.PhoenixDark said:I think Obama is going to lose in 2012, assuming Romney or Perry get the nomination. Same bandwagon I've been on for awhile. I think he'll be <40% approval this time next year.
PhoenixDark said:I think Obama is going to lose in 2012, assuming Romney or Perry get the nomination. Same bandwagon I've been on for awhile. I think he'll be <40% approval this time next year.
PhoenixDark said:I think Obama is going to lose in 2012, assuming Romney or Perry get the nomination. Same bandwagon I've been on for awhile. I think he'll be <40% approval this time next year.
RustyNails said:Do you want to bet a one year account ban if Obama wins? Please say yes.
PhoenixDark said:Only if I can make my decision on Jan 1st, 2011.
eznark said:If Rusty had any balls he would give you until Nov. 1, 2012.
PhoenixDark said:Only if I can make my decision on Jan 1st, 2011.
LovingSteam said:LOL
...
You're off to a great start
The fuck.GhaleonEB said:The House should like this plan because it has spending cuts and I believe it will spur the economy.
Fuckers are simple.Cyan said:The fuck.
Anyone who thinks the relatively strong performance in Texas has much to do with state government policy is wrong, except when it comes to housing, where regulation helped the state, said Howard Wial, an economist and fellow at the Brookings Institutions Metropolitan Policy Program. In Texas, the worst is yet to come.