aren’t we lucky?
/s
This is a good deal for Republicans, the best that was possible in the real world. If we want deeper cuts then we need to elect enough conservatives that they control the White House and both houses of Congress. Anyone who thought otherwise either hasn’t read the constitution or lives in a fantasy world.
I will wait to hear the details before I start complaining about this “compromise.”
Whatever we get, just think about how much worse it would be without our activism and votes. Without us, they would have raised the debt ceiling, increased spending, and raised taxes. We made a difference, though probably not enough of one. We have 2012 to look forward to and work hard on.
Let’s see. We fought the Revolutionary War to be a Free Republic and not ruled by the King of England. We won that war. Now, we suddenly have a king named Hussein who with the stroke of a pin wiped out our Free Republic without a shot being fired. This doesn’t sound good.
Is KY-jelly involved?
You don’t know how relieved I am that he was able to “git ‘er done” in time for his birthday bash. I expect my invitation any time now.
This has all been kaboki theatre. Until there is transformative changes in the US budget (entitlement reform and tax reform), nothing has been done that matters. A balanced budget ammendment could be a tool used to force transformative changes but, apparently no likes that idea.
In any case, the Tea Party folks got as much as they possibly could have got, so I give them credit. They moved the ball forward an inch and now we only have 10 more miles to go
I hope seriousness of the Tea Party is something the voters appreciate and want more of and not something they decide to kill off next election.
Either America is going to get its fiscal house in order or it the fiscal house will collapse and it’s that simple. In my opinion in this process, Obama was clueless, the GOP was a bit too chaotic (I’ll give them a pass since there were many rookies involved), and the senate simply protected the stauts quo.
Hang in there everyone! Keep supporting fiscal conservatives where ever you find them. By the way, libs can be fiscal conservatives too—even though we may disagree philosophically with them—and we may start to see more of them since the tax and spend type libs are being pushed out—hopefully. My point is a liberal with a calculator is better than a liberal with a credit card. Keep pounding the drum of smaller lesser intrusive government.
Republican leaders are not telling us the truth, they are thieves just like the democrats......
Boenher has to go....
McConnell needs to go....
It will have the votes. Pelosi/Hoyer will ensure enough Dems vote for it, which will allow an increase in the number of GOP defectors without issue.
Plus, I’m just going to put this out here now. We all know a consensus on this other 1.8 trillion isnt coming by Thanksgiving. When it doesn’t happen, the Dems will blame GOP for both the mandatory cuts to Medicare and Defense. Since Boehner has already shown he is weak-kneeed, they’ll pass something in November to prevent these “mandatory” cuts from taking place when an agreement isn’t reached.
We borrow $4B per day, and are cutting $4B per year?!?!?! WTF! Bring the Connie Mack Penny Plan up for a vote!!!!!
Its funny, I dont know whose more despondent, Liberals or Freepers.
The US govt still plans to spend 2 trillion dollars a year, every year, more than it takes in. Where is the difference coming from? Borrowed from the Chinese. If they stop lending us [=stop buying our treasuries], do you think the govt will stop spending? We all know the answer, as announced by Ben Bernanke very publicly. We will have QE2, then QE 3,4,5 etc. Which means printing mountains of money, which means hyperinflation, which means collapse of our economy
I won’t believe a deal’s been reached until it passes The House. Obama has claimed a deal has been reached in the past when there wasn’t a deal. BO lies.
I smell a coordinated effort by Obama and GOP leadership to pigeonhole the House TEA members.
lol Long term spending cuts means cuts not in the 2012 budget, but in some other budget controlled by some other Congress. As we have seen since 1962, that means “never”.
Reagan and Bush I fell for this too- in fact, so did we all.
Cue The Who Won’t Get Fooled Again, but mix in irony.
Cuts ONE DAY of Federal Expenditures. Not enough to prevent a downgrade, sooner or later.
This economist sums it up nicely.
http://confoundedinterest.wordpress.com