’ LOL ‘
Reagan's deficits were about $250b a year. Obama's deficits have averaged $1.2t. Getting spending down a smidgen from Obama's gargantuan levels might be a political feat, but financially-speaking it's a drop in the bucket compared to the staggering size of Obama's deficits.
Right. We will see if this works out as planned. Will the RATs roll over when the sequester hits the welfare state?
Oh please, these two maroons are passing choomnesia between themselves.
This should really be in the editorial section. I was somewhat surprised that Obama went for the deal, given the sequestration is still in play.
Yes, a view the media won’t allow people to see. Including Freepers LOL!
If the RINOs Boehner has coddled so long don’t stab him in the back this could be a very productive session.
We’ll see.
Just my opinion.
Oldplayer
Thank you for posting this.
Boehner may redeem himself if this proves true. I can hardly believe how silence was key on the part of the R’s.
You realize Boehner & Co had to hold their fire until the whites of their eyes, and then BOOM, Obama had to squeal out, “we didn’t really mean it on that sequestration business”.
Priceless! Good on Boehner. Historic actually. The article speaks for itself on the ground shifting, if it works the rest of the way.
I’ll be impressed when they stop stealing money from our grandchildren.
The only part I definitely agree with is that nothing in politics ever turns out like you think it will (kind of like the stock market).
And fear not, fellow Freepers. The Defense Department is just as drunk on excess cash as the rest of the federal government, wasting tens of billions on programs that have absolutely nothing to do with defense. The Pentagon is bloated with tons of disgusting fat, and needs to go on a diet along with the rest of Washington.
The big problem with this quiet poker playing is that the investment money is still on the sidelines, the big players are not investing and unemployment remains stuck on high. Perception is reality and the bigger reality is that we are way over-regulated, over-taxed and under the crunch of debt servicing that only continues to grow. This deal may help to set up a solid mid-term fight, but the next 2 years are very rough. Boehner needs to give the conservatives more, not less visibility in this session. They need to change the public’s perception of the difference between Obama and conservatism. Only conservatives can put a strong voice to this.
I did like that the payroll tax funding was restored to its previous level and gave the middle class and especially low-information voters the pinch of a Democrat driven tax hike. That was an Obama ploy hidden as a tax cut and Boehner was smart to let the democrats ‘own’ that tax increase.
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Dick Darman called it a ‘victory’ when he convinced Bush Sr. to reverse his No-New-Taxes pledge and increase taxes in exchange for ‘future’ spending cuts (LOL).
No doubt Mr. Darman thought it was a victory, right up to that moment in November 1992, when the first results showed that Bill Clinton had won Georgia.
I hope this is even halfway right.