Posted on 03/01/2014 11:05:44 AM PST by Sub-Driver
Obama has given up seeking a solution to America's financial woes
American Way: After nearly six years of back-and-forth with Republicans over America's finances, Barack Obama has signaled that a deal is now beyond his grasp
John Avlon
5:25PM GMT 01 Mar 2014
Without a bang or a whimper, all hopes of striking a so-called "Grand Bargain" to put America's public finances on a sustainable track died a quiet death this week.
And because cynicism passes for wisdom in Washington, the passing was little lamented. But its death is a loss to the cause of putting America's house in order, and all-but-officially marks the moment the Obama administration gave up trying to bridge the political divide on this most fundamental issue.
The death notice itself was printed in the pages of the Obama budget, which quietly rescinded the offer of long-term healthcare and pensions reform by withdrawing the offer of what Capitol Hill policy-wonks call "Chain-weighted CPI" from their budget blueprint.
A contentious but courageous plan, it essentially moved to link social security payments to the rate of inflation, slowing the rate of growth slightly and ultimately saving billions in a society with an aging population.
On the left, Liberals and the big unions howled in protest, but it was a substantive outreach to Republicans by Mr Obama after his 2012 re-election and it could have formed the basis of that "grand bargain" to deal with America's $17 trillion debt mountain.
(Excerpt) Read more at telegraph.co.uk ...
When did Obama start ?
That’s because his ouster is the solution.
No more complicated than that.
Getting rid of Obama and leftists IS the solution to our financial woes
I’d say the author drastically misunderstands what has been going on.
To say the Clown "gave up" implies that he EVEN BEGAN to look for a solution.
He never STARTED to solve the problem, so how can he "give up"?
The writer is high on lefty koolaid.
“Chain-weighted CPI” is out? Good. It was introduced as a way to screw people dependent on COLAs to keep their Social Security and pensions up with inflation.
If Congress is going to cut those benefits, then cut them. Don’t employee sneaky tactics like Chain Weighting.
Cloward-Piven working now on autopilot.
The best thing the government can do for the economy is to get out of its way.
I disagree.
The reason Obama is currently president, is that the GOP is no better.
Both parties are all for sending American jobs to Asia.
America is now 17.25 trillion dollars in debt, and that is rapidly growing.
We need to bring back jobs, to America.
That means you too GOP. Stop sending American jobs abroad.
Bring them back.
Obastard’s “giving up” means we may have a chance to get things under control, after all, if it were true.
But I think this is just another Obastard lie. Nothing is going to change.
I agree that is the answer, but if I were a multinational company, why would I bring jobs back?
“Obama has given up seeking a solution to America’s financial woes “
This tells me that someone has the mistaken idea that The Stain ever had a thought to “solving our financial woes”.
I would submit that this country is dealing with the results of what The Stain had in mind from the very beginning. I further submit that he will double down on his efforts as more time passes.
Who’s prepared to do anything to stop him and his outrageous agenda? Congress? I kind of fu*king doubt it.
Thank you President shuck and jive. Loser
Nothing that MADE IN USA won’t cure and that won’t happen as long as Wall Street is contributing to both parties.
“..To say the Clown “gave up” implies that he EVEN BEGAN to look for a solution.”
:::::::::
Exactly. HE, and his ilk, are the problem with our economy. Since first elected, he has been destroying our economy, by design.
Actually nobama and moochelle spend every penny of ours they can get their hands on, and more. Do you really think they would have all these parties, vacations, etc., if they had to pay for it?
——but it was a substantive outreach to Republicans by Mr Obama after his 2012 re-election -—
Funny, but all the obama outreaches to republicans seem to start with bend over and grab your ankles....
The word compromise does not exist in Obama’s leftist lexicon ...
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