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    Slow motion political crash

    Slow motion political crash

    That’s my impression of the “drama” unfolding in the budget talks.  Obama now is the one purporting to demand bigger cuts, a more long term agreement, and so on and so on, provided there also are commensurate tax increases.

    It’s an interesting ploy, and tied solely to Obama’s 2012 campaign.  Obama, who just months ago proposed a budget with runaway deficits, now wants to grab the title of deficit hawk.

    It’s all a game.  Obama knows that Democrats in the Senate would block any bill which actually addressed the structural problem of entitlements.  So Republicans will agree to tax increases, entitlements will not be touched, and Republicans will be blamed when the whole deal craters.

    This is all very Clintonian.

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    I can’t get myself to have faith in the Republican leadership, despite the stinging lessons DINO sets out above. I remember the awful feeling of betrayal when the news came out about Bush’s agreeing to tax increases after his pledge, and a Republican sell-out at this point would be much worse.


     
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    jakee308 | July 7, 2011 at 12:10 pm

    If they give in to this South Side State Street Hustler, then they deserve the name ‘The Stupid Party’.

    And I for one will never vote for an establishment Republican ever again. No matter if they’re the ‘lesser of two evils’.

    We’ve known these a$$clowns couldn’t stand up to the Democrats. They never have so why would they now? I’ve always suspected they’ll posture and swagger and O will play his part and threaten and bluster and then just when it seems that there’ll be an actual confrontation, a group of Republicans will emerge from some back room proclaiming they’ve saved America by coming to a deal that gives the Dems everything they want while providing some kind of talking-points cover to the Republicans.

    They could’ve gotten away with that in the days prior to the TEA party but now they’ll pay dearly for that kind of political shenanigans cause they just don’t understand the mood of the People.


     
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    Wrella | July 7, 2011 at 12:21 pm

    Styx as a music selection – in honor of the Styx/Yes concert in Canandaigua tonight?


     
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    MaggotAtBroadAndWall | July 7, 2011 at 12:27 pm

    During the Reagan administration, a deal was struck to increase taxes by $1 for every $3 of spending cuts. The tax increases went into effect, but the promised spending cuts never materialized. Something similar happened with “read my lips, no new taxes” G.H.W. Bush.

    If the Republicans once again agree to raise taxes for phantom spending cuts some time in the future, they are schmucks (regardless of how many columns David Brooks and David Frum write proclaiming how radical and unreasonable the Tea Party Republicans are for not accepting a deal).

    The administration is not as clever as it thinks here.

    The sole mantra of 2012 for the Democrats was going to be “Paul Ryan wants to throw grandma off the cliff” with deep cuts to entitlements. By offering this “proposal”, I think Obama has immensely weakened this hand:

    All the Republicans have to do now is counter that they already have the Ryan Plan, which has $2 Trillion more in necessary cuts to address the debt problem than Obama’s (still unspecific, likely heavily backloaded) plan, and has the extra advantage in that it doesn’t raise taxes during a time of a deeply sluggish economy with massive unemployment. Obama can’t demagogue away now about the “draconian” cuts of Ryan’s “granny-killing” plan, and he has nothing to offer to counter the positives of Ryan’s plan. I think the Republicans should go back on the offensive now.

    (And a side note: Republicans can’t lose focus of why low taxes are necessary. The Democrats want to change the focus of the debate and argue that higher taxes are necessary in order to tackle the debt problem (that they, along with moderate Republicans, caused). Republicans need to shift the battle back to the short-term: low taxes are crucial to spurring economic growth to get millions of struggling Americans back to work- and once people are working again, revenues will increase to address the debt problem. We have tried every manner of failed Keynesian throw-it-at-the-wall-and-see-if-it-sticks stimulus gimmicks the past two years. It’s time to get back to what really works. We want Morning in America again- not Mourning in America).


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