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Where are the Democrats’ spending cuts??
Good question:
In related fiscal cliff news, economist Keith Hennessey wonders if President Obama is bluffing on his veto threat. Hennessey writes:
If my assumptions are correct, then the President cannot afford to veto a bill and have no compromise enacted. Even if doing so increases dramatically the chance of getting his top fiscal policy priority, and even if he would bear only a small portion of the political blame for a legislative failure and the pain of broad-based tax increases, his veto would trigger a recession that would severely damage his agenda at least in 2013.
President Obama’s veto threat decision is not just about fiscal policy, and it’s not just about who gets blamed for a legislative failure. It’s about whether the President wants to cause a recession in 2013 and hamstring his second term. No matter what he or his advisors say, he cannot afford to take that risk.
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sacwoodpusher
Posted on December 1, 2012 at 2:24amI sincerely hop that we simply go over the cliff. There is no other way to get spending cuts.
Why is it a republican responsibility to fix anything? The house republicans were elected to put a stop to spending…..so all of you grow a pair and do it.
If you hamstring Obama in the process, go ahead…….so much the better. Anything that can be done to stop Obama from ruining the country, and putting it in the same situation as Greece is to be applauded. Better austerity now than under the thumb of some Chinese bank.
You’all wanted Obama……so take the consequences…..I’ll keep working (self employed) as long as I can…..and when I can’t make a living in this democrat infested country, I’ll jump over to some Asian country that still knows how to work.
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foreignaid
Posted on November 29, 2012 at 3:27amThe answer has been in front of us all along:
http://borgenproject.org/global-poverty-u-s-jobs/
Less people in poverty = more consumers of U.S. products… I think the Chinese call it “karma.”
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Cosmos102
Posted on November 28, 2012 at 11:35pmWhy should the Democrats have a plan for spending cuts? John Boehner has thus far allowed the Democrats to out play him. Boehner has unknowingly given them everything they’ve asked, under the guise of getting what the Repubs wanted. Why do you think Obama won reelection? Boehner’s demands on the debt ceiling and not raising taxes were always deals that were cut to make Obama look good during his first term, by not taking effect until his second. Boehner really has been a fool and not the right man for the job of Republicans Speaker of the House. We may have a President Romney now were it not for the Speaker. It’s all irrelevant now.
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KIOTI-TEXAS
Posted on November 28, 2012 at 4:45pmThey have none..REID IS LOST IN SPACE, THE BALL IS IN THE REPUBIiCAN HANDS TO TELL OBAMA TO CUT SPENDING..
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ResistSocialism
Posted on November 28, 2012 at 3:07pmwhat spending cuts. No one really believes that do they.
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noslave
Posted on November 28, 2012 at 3:05pmlike in the movie”SHOW ME THE MONEY??”republican have fallen for the lucy and the football trick, bush sr?you raise taxes and later down the road we’ll make spending cuts??time to hold their feet to the fire,wheres your spending cuts first or we go over the cliff?? in whatever media that will still report the truth,being nice guys gets you nothing but crapped on,you got nothing to lose??they will always try to make you look bad no matter what??grow a set of balls for a change???
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