Showing posts with label debt deal. Show all posts
Showing posts with label debt deal. Show all posts

7/19/11

It's bipartisan, it's smart, it will happen

Obama endorses 'Gang of Six' deficit plan - politics - Capitol Hill - msnbc.com: 1. "Reduce deficits by $3.7 trillion..." 2. Zap "some tax deductions ... raising $1 trillion in new revenue ..." 3. $145 billion in cuts to national defense and homeland security" etc. 4. Reducing future Social Security benefits by mandating smaller annual cost-of-living adjustments." This is three times what the GOP has seriously considered. It is threatening to some progressives. It is big enough to make a difference. It is a sensible alternative to national suicide. Something like this will happen. Faces will be saved. There will be a World Series.


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7/13/11

In essence if a larger deal is necessary facts favor it (Video)


Apropos the mini-deal, if it is clear that it will imperil the S and P rating, it will edge in the direction of the Presidents big deal. So the GOP remains trumped.

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7/11/11

Obama Hangs Tough Versus GOP Hypocrisy

Obama Rejects Short-Term Debt Deal - The Daily Beast: "President Obama ruled out any short-term solutions to the debt limit, as Republicans and Democrats prepare to meet just weeks before the country defaults. “If not now, when?” Obama asked at a press conference. “Pull off the Band-Aid,” he said. “Eat our peas.”" When push comes to shove it is the GOP that does not want seruius debt control. The only thing it cares about is being able to say they did not raise taxes. They will go down if they don't suck it up and act like adults.


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RECCMENDATION Richard Gordon Quantum Touch

The Slow as Molasses Press