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Topic: Time to Call the President´s Budget Bluff |
Time to Call the President´s Budget Bluff
Wall Street Journal, by Keith Hennessey
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Original Article
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Posted By:JoniTx, 12/3/2012 6:48:02 AM
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| Flush with the adrenaline rush of his election victory, President Obama insists that Congress must now agree not only to raise taxes on the "rich," but also to adopt his previously ignored full budget. The president demands a $1.6 trillion tax increase over the next decade. He maintains that higher revenues must come from marginal-rate increases but offers no policy rationale. He wants to treat $900 billion in spending cuts he agreed to in 2011 (as part of the Budget Control Act) as if they now count on his ledger as new cuts. He says that he will consider
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Reply 1 - Posted by:
Nimby, 12/3/2012 6:55:41 AM (No. 9045381)
He demands????
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Reply 2 - Posted by:
GreatGreyhounds, 12/3/2012 6:56:54 AM (No. 9045385)
John Boehner needs to whip the GOP in line, pass a budget, and pass it to the Senate!
Let Dingy Hairy and Our Dear Reader be the ones to drive the bus over the cliff, or pass the Budget!
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Reply 3 - Posted by:
hamrman, 12/3/2012 6:58:29 AM (No. 9045390)
It must be nice to live in La La Land!
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Reply 4 - Posted by:
Not your typical New Yorker, 12/3/2012 7:01:16 AM (No. 9045395)
I keep saying it over and over.
Make the dems own what they´ve done, let the people of this nation feel the pain of what the dems have done.
It´s the only way to clarify minds.
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Reply 5 - Posted by:
Grambo, 12/3/2012 7:14:30 AM (No. 9045411)
What #4 said. Elections have consequences. Let the free stuff folks reap what they have sown. It’s time for splash of cold water.
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Reply 6 - Posted by:
bpl40, 12/3/2012 7:27:25 AM (No. 9045418)
0bama is where he is and continues to be there because of a skillfully planned effort not to be made to own anything he doesn´t want to. People who suggest that the best thing is to give him what he wants, then the voters will hold him and the ´Rat party responsible for everything, are walking straight into a carefully set trap. Zippy doesn´t intend to own up to anything (including his birth story).
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Reply 7 - Posted by:
Libertygal, 12/3/2012 7:32:46 AM (No. 9045425)
I agree. It will be painful, but the wakeup call is needed.
Oblamer is holding the middle class hostage in his negotiations deal. No matter what republicans do, they will get the blame when it goes south.
If they do nothing, they can´t be blamed, but only stand, prepared to pick up the pieces.
Have you noticed the more time passes on these negotiations, the more spending gets added to the deal? It´s like an addiction, the taxes will never go to the debt. The faster we let it fall apart, the faster we can put humpty dumpty back together again. Allowing this to drag out 4 more years will be sheer agony as it is.
I already feel like vomiting every time I hear the term fiscal cliff. I feel like we fell into the twilight zone, and I want out.
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Reply 8 - Posted by:
LZK, 12/3/2012 7:38:43 AM (No. 9045437)
Com´on barack hussein obama -- "make my day".....
Mandate and demand all you want......
Even if the pubbies in DC cave -- me and mine won´t....
WE out here in Heartland U.S.A. are taking steps to survive your illegally gotten four years.....
Com´on -- "make my day"......
LZK
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Reply 9 - Posted by:
Pearson365, 12/3/2012 7:43:21 AM (No. 9045445)
Replier #6 is spot on about the Teflon One: failure and shortcomings never stick to him. Actually impossible to think of a NYT or NBC story that would point out how his policies have yet to promote economic growth, reduce unemployment, control costs or improve our lives. Only media criticism is that he wasn´t radical enough in his demands.
That said, everything he has done has failed. GOP has to be reminded of this despite the heat brought on them.
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Reply 10 - Posted by:
M2, 12/3/2012 7:46:50 AM (No. 9045449)
#4, I just emailed Boehner´s site and told him pretty much the same thing only with much stronger (but not profane) language.
Suggest all y´all do likewise. It´s Obama´s to own and to hell with how the media will paint us. They will do it no matter what we do, so let the Democrats take us over the cliff without OUR fingerprints on it.
They made the mess. Let them clean it up -- if they really want to, that is.
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Reply 11 - Posted by:
govlawyer, 12/3/2012 8:05:05 AM (No. 9045468)
If you expect John of Orange to suddenly discover he has a spine, don´t. He´d rather incur the wrath of conservatives (who know nothing) than alienate the moderates he so desperately wants to have as part of the GOP.
The jerk doesn´t realize he´s being rolled like a drunk sailor on leave.
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Reply 12 - Posted by:
Echohawk, 12/3/2012 8:06:54 AM (No. 9045473)
How are the Republicans like the Israelis? No matter what happens, Republicans get the blame. The Israelis have long since stopped trying to court the world´s favor. They know they´re not going to get it, so they do what they know is best for themselves. Republicans should do the same. "We offered tax hikes, Obama could not offer spending cuts--he drove us over the cliff, not us."
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Reply 13 - Posted by:
hicokid, 12/3/2012 8:09:09 AM (No. 9045479)
Let´s go over the cliff. Do it. The cuts don´t even begin to reverse the national debt. It´s time for Washington to make these modest spending cuts across the board. Let obama own the misery.
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Reply 14 - Posted by:
nonsense, 12/3/2012 8:41:18 AM (No. 9045537)
Sadly I don´t think there is any way to win the argument with the public. The yellow press has the propaganda package tied up and the populace is lacking in the brain power of logic. Everyone and every side is sick of the endless "fiscal cliff" discussion, just do something and soon.
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Reply 15 - Posted by:
sunsong, 12/3/2012 9:14:20 AM (No. 9045615)
Good article. Excellent points. If the pubbies can´t get a good deal with substantive spending cuts NOW - then it behooves them to let the dems take us over the cliff. Absolutely - call Obama´s bluff.
And if we go over - do NOT - do NOT restore the Bush Tax Cuts for the middle class. They want the Clinton levels - let them have them. The pubbies will have leverage after the cliff - for insisting on real tax reform and spending cuts NOW.
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Reply 16 - Posted by:
Sfacheem, 12/3/2012 9:21:19 AM (No. 9045629)
Republicans should vote "present" and let the Dems own everything.
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Reply 17 - Posted by:
Flyball dogs, 12/3/2012 9:27:48 AM (No. 9045649)
While all comments are generally spot-on, #6 is probably most correct. Since he (I can´t type his name) has never owned anyting in his life, why start now, Furthermore, he is being aided and abetted, even if only indirectly, by the press who has now invented, created, and is skillfully marketing the lastest cliche: "fiscal cliff." Think "gravitas.". And as another poster rightly pointed out, the electorate is now too stupid and unable to form a coherent argument against anything Washington says or does.
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Reply 18 - Posted by:
Arby, 12/3/2012 9:42:34 AM (No. 9045688)
One bright light. This is idiot boy´s last term.
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Reply 19 - Posted by:
bpl40, 12/3/2012 9:51:34 AM (No. 9045711)
#18, don´t count on it. Don´t say ´The people will never allow it´. Article II and Natural Born Citizenship was no obstacle why should the 22nd Amendment be? This now is our worst nightmare.
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Reply 20 - Posted by:
M Stuart, 12/3/2012 10:07:14 AM (No. 9045740)
If Boehner would listen to Newt, he would have the proper things to say. There is no fiscal cliff. There are steps to take.
When I saw Geithner yesterday, I was depressed. Nothing he says is truthful or sensible. And Boehner cannot communicate in common sense language.
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Reply 21 - Posted by:
Blue-Z-Anna, 12/3/2012 10:12:46 AM (No. 9045754)
Bluezy´s Law of Inverse Veracity suggests that if the MSM is calling it a ´Fiscal Cliff´ (bad thing), then it is, in fact, a good thing.
Let´s do it.
Take the plunge !
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Reply 22 - Posted by:
RancherJack, 12/3/2012 10:35:04 AM (No. 9045807)
Many are called but who will answer?
Sure won´t be the Republicans
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Reply 23 - Posted by:
Billyc, 12/3/2012 11:45:06 AM (No. 9045972)
#2 You are correct ,Speaker Boehner should get the Republicans in line and get rep´s Ryan and Kantor to whip up a real fiscally responsible plan. The coward in the White House sent his flunkie ,tax cheat Geithner to show their plan which was laughable, it will fail .Obama in his first term did not spend enough so he wants to spend much more. In the meantime the National Debt is approaching 16.5 Trillion dollars( $16,335,666,xxx,xxx). Speaker Boehner should NOT consider the Democratic plan because it´s foolish laughable bent on turning this country into a Socialist big government dictatorial boondoggle.Rep Boehner get your troops together and issue the riot act,no cave in .
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Reply 24 - Posted by:
Javelin, 12/3/2012 12:19:39 PM (No. 9046071)
Stop talking, GOP. Pass something - Ryan - Cantor, Simpson - Bowles, Domenici - Rivlin. Something. Mumbles Reid and Company will be unable to react in the Senate. Send them the problem and do it now.
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Reply 25 - Posted by:
dman, 12/3/2012 1:19:44 PM (No. 9046197)
There were many voices urging a government shutdown over the debt limit fiasco last year. Those who "knew better" have painted themselves into this corner. Now there are no "good" options.
The "least bad", as Hennessey suggests, is for the House to pass a simple extension of the Bush tax rates for those under $250K - give NerØbama what he originally asked for - and go home for Christmas. Make it abundantly clear that the debt limit will not be raised in February, and - blamed or not - they are prepared to shut down the government this time - really.
However, I doubt that Boehner and his "go-along" friends have it in them to do it.
W.A.S.S.
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Reply 26 - Posted by:
ETRES, 12/3/2012 1:39:15 PM (No. 9046236)
Let all Democratic legislation bills (no procedural or confirmations) be voted on. All GOPs vote ´Present´ Dems vote ´Yea´ Bill passes, Obama & Dems own it!
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Reply 27 - Posted by:
attorneyforfreedom, 12/3/2012 1:47:28 PM (No. 9046257)
#18, I wouldn´t count on it.
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Reply 28 - Posted by:
walcb, 12/3/2012 4:24:46 PM (No. 9046597)
Yup, House needs to pass a spending bill and let Dims deal with it.
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Reply 29 - Posted by:
rsgonner, 12/3/2012 5:36:24 PM (No. 9046710)
This was assured when obozo fired the Chair of GM, stiffed the bondholders and gave everything to the unions and the stupid republicans did NOTHING.
Now we need to go over the cliff. Better now than in a year when it is twice as high. If the republicans had any cahones, they would say, "Fine, raise the taxes on over $1 million AND implement these specific cuts." Pass that, send it to the dysfunctional senate and then go home. Let obozo and the democrats explain why they crashed the country.
If they cave, they will never be a national party again and will go the way of the Whigs. They made me an Independent. Will only fund Tea Party candidates from now on. I saw Tommy Thompson, and how well that one went here in Wisconsin. He was touted as the "only" one who could beat Tammy Baldwin.
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Reply 30 - Posted by:
strike3, 12/3/2012 5:42:12 PM (No. 9046719)
Are you kidding? They won´t even call this guy´s bluff when he aided and abetted multiple acts of murder. Nobody would dare ask him how and why he spends our money. In fact, he´s getting ready to spend millions so he and the brood can walk on the sand in bare feet for a week or two.
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Reply 31 - Posted by:
Dodge Boy, 12/3/2012 8:54:43 PM (No. 9046976)
Go ahead, Obie. Make my day. Sign a tax increase into law. And see how I can eliminate expenses on things I don´t really have to have in order to offset the increase. What goes around, comes around, pal.
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Reply 32 - Posted by:
AnnaS, 12/4/2012 12:18:06 AM (No. 9047144)
I believe nothing will even begin to change until we rid the party of those biz as usual Republicans in Washington who represent themselves not us!
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