Would someone please explain what is going on?
The short version is this:
The republicans are folding faster than the bellows on Myron Floren's accordion.
It’s about how ALL politicians handle decisions...sidestep!!!
http://www.youtube.com/watch?v=rCDoBvG1HoI
boner all cares about what wall street wants, now you little voters in flyover land set down SFU.
What is going on is that a tax increase, or a spending cut, will take money out of the economy and increase unemployment. It will immediately lower GDP.
In other words, it’s over. There Is No Answer.
They will now reduce all the goals and probably back load them. 2T over 10 years looks like 200 billion/year at first glance, but that won’t be how it is laid out. They will back load it, again with the absurd thought that “the economy will be better later and we can do the cuts then”. So they’ll propose 20 Billion in FY2012 and promise to do more later, and they won’t, or they will but lower tax revenue in the future from worse economy will make it meaningless.
It won’t matter who controls Congress or the Presidency. It’s inevitable devastation. If they endure it now, people will die. If they endure it later, more people will die.
Snookered, by Nazi Socialists.
The Republican Panty (no typo) is caving.
It sounds like Joe Bite-Me countered the GOP plan with a proposal for $2 trillion in cuts and $2 trillion in new taxes
So the GOP said, OK, we’ll settle for your proposed $2 trillion in cuts.
Just no new tAXES
LOL! Bite-me is like the black sheriff in “Blazing Saddles” pointing a gun at his own head...
We no longer have a representatice form of government where legilative branch differences are worked out in committee, congressmen write the legislation themselves, votes are taken and recorded, rules and procedures followed so that the the people can understand what is going on. Instead, the executive branch has intruded on the prerogatives of the
legislative, and decisions are now taken by the “leaders” of the two Chambers in the form of “deals” with the executive.