Posted on 08/07/2011 12:14:05 PM PDT by americanophile
Standard & Poor’s downgrade of the nation’s credit rating gives House Budget Committee Chairman Paul Ryan every right to say “I told you so.”
Even earlier this week when President Obama was taking his victory lap for the debt-ceiling compromise, Ryan was disclosing the cold, hard truths of the economic troubles that lie ahead — truths that a jittery Wall Street has been more than aware of.
In an oped column in Wednesday’s Wall Street Journal, the Wisconsin Republican reiterated, of course, that the president really has no budget plan.
“The president’s February budget,” he wrote, “deliberately dodged the tough choices necessary to confront the threat of runaway federal spending. It was rejected unanimously in a Senate controlled by his own party.”
Well, so much for that auspicious beginning.
The president knew then and knows now that his health care and welfare state agenda demand new and higher taxes, that the costs of Medicare and Medicaid will continue to rise at unsustainable levels and that he has no plan for dealing with that.
In fact, when presented with options by his own debt commission appointees, Obama continued to be in denial.
Not so, Ryan. And he has a lot of help in the truth-telling department from the Congressional Budget Office, whose numbers he cites in the Journal oped.
(Excerpt) Read more at bostonherald.com ...
Agree completely!
Maybe but will it be too late and it is no sure thing. That battle is certainly not a dead fall proposition. In fact, I have my doubts.
Nothing looks good to me now.
You are right, of course. But we are all sick of the non-stop ratchet toward totalitarianism that has been going on for 100 years. I hope 2012 is the watershed we think it may be. If it isn’t and the Tea Party faction doesn’t gain the upper hand, we are finished. We have reached the last tooth on the ratchet.
Every time some Republican happens to get good press because they are close to being right, we see people flock to propose them for president.
Have we learned nothing from Brown, Cristi, Spector, or for that matter GW?
We need someone that does not go along in order to keep their power. Personally I would have had more respect if he resigned before voting for the Cr@p sandwich he voted for. I read the reports of Boehner threatening his collegues with all sorts of evil, so why did they not go public with this stuff and overturn Boehner’s power. Logical reason of course, it is their tun next to move up, it is an inherited power structure, just like Royalty of old.
April 14, 2011, The Hill: "White House officials maintained Friday that the administration wants to see a "clean" increase to the federal debt limit…"
How would S&P, Moodys, et al. have reacted if Obama got his "clean" increase?
Aug 4, 2006, WA Post editorial criticizes Pelosi for refusing to work on entitlement reform
Oct 6, 2006, AP reports on Pelosi's plans if she becomes speaker among them … "Pay as you go," meaning no increasing the deficit, whether the issue is middle class tax relief, health care or some other priority..."
How's that compare to her record as Speaker?
The Commie model three steps forward and one step back, it is not possible to fix that with half measures. We have compromised ourselves into a Marxist dream team.
Maybe if you learned to stop addressing your intellectual opponents with “hey imbecile,” your arguments would get more respect.
Republicans are going to be blamed no matter what happens. That is not a measure of what they should do.
They’ve had several chances to cut spending. They’ve decided not to. The CR, the Debt limit increase, the individual appropriations bills (yeah, I follow those), etc. etc. What you are talking about may be true or not true. You don’t know. I don’t think it is but I can’t prove you wrong. What you can know is that in every instance since November when the Republicans could have cut spending, they decided not to.
At some point the excuses need to stop. The easiest way to stop excuse making is to just say, “You are responsible for what you do and no one else.” Republicans are responsible for voting for more spending.
Truth. Ryan’s budget plan put off balancing the budget so far in the future that a child born today could be done with their PhD in economics before reelecting a congress that actually voted for a balanced budget.
The Republicans aren’t going to win the Hispanic vote by being the party of mañana.
the pubies always subscribe to amnesty,
thinking the mexicans will vote for them. not.
Well said. The only way we conservatives can get the results we want is to get conservatives elected to Congress so that we have the votes. Just sitting and sniping at the folks who are there now, who voted for the best of the sorry alternatives, will get us nowhere. If those folk were in greater numbers, they might have been able to forge a better plan. Let’s get those numbers up so that in the future they will be the authors of much better legislation.
Thanks, I hope so too. If not, truly we are finished.
I agree, and the time to reverse course is at hand; we simply need more Tea Party Republicans.
You may not like everything about his plan, but it was an excellent starting point.
Thanks. :)
“When you’re in a minority position, as we are on the Hill, you take the best deal you can get to minimize the damage to the country (unquestionably our first priority), and try to avoid being politically eviscerated, which is what would have happened to us if we didn’t compromise at this juncture.”
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OK, I’m going to try very hard and not insult you this time, but do you actually belive what you just posted? You’re telling me that the GOP voluntarily giving this nightmare of President 2.4 Trillion dollars upfront, with ONLY 1 Trillion cut over ten years was the best we could do?!?!
OK, so we didn’t default...big deal! We lost our credit rating thanks to the “best deal we could get!” The problem with spineless people like yourself, Boehner, McConnell, Ingram et al. is that you work on the basis of fear: “Oh no...we might get blamed!” Guess who was out in front of the cameras the very next day trashing the GOP? That’s right; President Obama, Schumer and other POS on the left. We owned this debate, we could’ve kept sending the Senate CCB abd the onus would’ve been on them to pass or reject it. We got more voted in the House on CCB than this POS that Behner shoved down the house member’s throats!
Sean Hannity was exactly right whe he said “The GOP [Leadership] is compromising with themselves.” The only thing that would’ve kept our credit rating from being dropped to AA+ would’ve been CCB. But based on fear, and taking the “best deal we could get” we’re not only going to be many more trillion dollars in debt, but we’ve also lost our AAA rating. This is in large part the fault of John Boehner and other pu$$ies who make their decisions on fear.
Sorry, but I have no respect for people like yourself who take these cowardly positions. It’s actually quite an embarrassing thing to behold.
You can keep making excuses for people like Boehner, McConnell and Ryan, and try to convince yourself that this was the “best deal we could get...”, but the fact is, because of this horrible deal with the Devil, we’ve lost our AAA rating.
BS!! they are obligated to represent their constituents. Ryan has shown us who he is with his vote for the largest debt in human history.
So, you are you going to go to for leadership? No one has presented anything more significant than Ryan. We can throw our best advocates out the window and be stuck again in the minority, or we can work within the real world where right now, we have leftists dominating the White House and the Senate. I would rather have seen Ryan and other real leaders lead the debt limit debate because they would have been imminently more effective. This is John Boehner's House, and the Speaker wields significant power. We can ignore that fact, or we can work within reality. I am less than thrilled (to say the least) that our party has negotiated from a point of weakness in each of these battles...totally self-inflicted. At this point, it is what it is, and we have to move forward and force our elected officials to do better.
To the point, Ryan is a member of leadership and does in fact take orders from the boss. As I said previously, the fact that he jumped right back in with his own opinions less than 24 hours after the vote tells you he wanted to get back in front of the issues to try to lay the groundwork for the next round of battles.
We all have the same goal, but some of us believe that we can reach that goal more quickly by getting other folks on board, who might have gotten nervous if all the cuts were put in place at once, but can be persuaded to do them over time.
We didn't get into this mess overnight, and we won't get OUT of it overnight, either. By working WITH folks, rather than chastising and haranguing them, you'll be more likely to get a few of those Independents to vote for your fellow Tea Partier for Congress, next time, thus making real cuts much more likely.
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