The deal to avoid going over the so-called fiscal cliff was a lousy one: tax rate increases during a weak economy, no spending reductions, nothing on entitlement reform. And yet if House Republicans had succeeded in derailing this deal, negotiated between Senator Mitch McConnell and Vice President Joe Biden, it would have been disastrous. It would have led to much higher tax increases on all Americans, even beyond the increase in payroll taxes that will now go into effect, and triggered decimating cuts in the defense department. And it would have done a great deal to advance the storyline
What makes this loud mouth an expert on a bill he hasn´t read?? Perhaps if the less than astute politicians in congress had done the right thing and passed a bill that favors the good of the country we wouldn´t be in this mess.
Rubio is one of 8 senators with enough brains to vote against it.
A 10% cut in defense spending is not "decimating". And, if higher tax rates kicked in for everyone, it would have brought home to Obama voters what his spending is costing the country. In other words, it would have been a good thing. Boehner needs to go, as does all the GOP leadership that was convinced by the MSM that the Cliff had to be avoided.
Now we can only look forward to inflation, collapse of the US dollar, and a Greece-like future.
Nothing against Rubio personally, but of course he voted no, he´s running for President. This is how our cynical political class works. This time he gets to be the good guy; next time it´s someone else´s turn to be our shining light.
I would have liked at least one Republican to demand real spending cuts or to allow all the tax cuts to expire - say either we must cut spending, or everyone has to pay a little more. Now the masses of idiots will never realize they pay no taxes because of President Bush.
Sadly 4, you are so right. The repubs played it all wrong. Let the country go over the cliff, let EVERYONE feel the real cost and pain of big government, then start a tax reform bill at the start of the next congress and fix the tax system, not add more.
Now the repubs have to live with losing 15% or more of the voter base that are fiscally conservative/tea party. They won´t get the votes of the "47%" and they now have finished losing the trust of many of the rest of us. In 2014, they will now lose the House.
Nah, if we had gone over the fiscal cliff it wouldn´t have played out politically as #6 suggests. Rather than accept the cost of the colossal government they chose, this dumbed down electorate would have placed the blame on the GOP as the evil protectors of "the rich". That certainly would have been the narrative pushed by the administration and the MSM.
I don´t see any magic bullets or wake up calls in the offing. Eventually we will have to hit bottom, and only the Good Lord knows what that will look like.
The sooner we hit bottom the better . The boneheads who voted in the second term will not capitulate until their freebies and bennies have disappeared in a puff of smoke - it´s the dose of tough love that the 51% of the country has got to experience - like being hit by a two by four - to bring some common sense into the space between their ears.
The sequester, no matter how imperfect a policy, is arguably the only victory for fiscal conservatives in a very long time. Their victory is also president Obama’s biggest defeat (outside of the self-inflicted disastrous Obamacare rollout). It is also another opportunity to remind the American people that the alarmist predictions that we were all subjected to about the devastating impact sequestration would have on our economy didn’t materialize. Yet, in a new move, Republicans are once again considering caving to Democrats and getting rid of the spending cuts. This morning’s Wall Street Journal has the following. Still, officials close to
President Obama’s repeated use of presidential powers is causing a tough problem — his own supporters now expect him to use it to achieve everything they want. From immigration to the minimum wage, congressional Democrats and liberal activists this week urged Mr. Obama to declare an end run around Capitol Hill, assert executive authority and make as much progress as he can on the expansive agenda he laid out for his second term. A day after Mr. Obama denounced income inequality, progressive lawmakers said he should take the lead by issuing an executive order requiring all federal contractors to pay
Three crises, one president, many bewildered friends. The first crisis, barely noticed here, is Ukraine’s sudden turn away from Europe and back to the Russian embrace. After years of negotiations for a major trading agreement with the European Union, Ukraine succumbed to characteristically blunt and brutal economic threats from Russia and abruptly walked away. Ukraine is instead considering joining the Moscow-centered Customs Union with Russia’s fellow dictatorships Belarus and Kazakhstan. This is no trivial matter. Ukraine is not just the largest European country, it’s the linchpin for Vladimir Putin’s dream of a renewed imperial Russia, hegemonic in its neighborhood and
Entering his sophomore year at Occidental College, Barack Obama sought a political movement to match his personal awakening, which he signaled to friends and family at the time by reclaiming his African first name. Barry became Barack that year. He had read Du Bois, Fanon, Malcolm X — an array of authors writing about the black struggle for liberation in his country and in others shaking off the legacy of colonial rule around the world. That is where he looked for — and found — a figure and a cause to channel his rising political enthusiasm: Nelson Mandela, then imprisoned
I´m generally for more disclosure in campaign finance, but the best argument against requiring full disclosure by groups engaged in political speech is that politicians sometimes retaliate against their critics. Sen. Elizabeth Warren inadvertently made that very argument this week. As told by Ben White at Politico, a group called "Third Way" criticized Warren. Warren apparently suspected that Third Way´s criticism of her was funded by banks. So she wrote a letter to bank CEOs demanding they disclose which political groups they´re funding. Warren sits on the Senate Committee on Banking, Housing, and Urban Affairs. She´s basically telling the entities
A stunning new study unveiled on Fox News´ Hannity finds that President Barack Obama’s White House calendar records just one face-to-face meeting between Obama and his Health and Human Services (HHS) Secretary Kathleen Sebelius in the more than three-and-a-half years leading up to the disastrous Obamacare launch. The startling statistic comes from a new Government Accountability Institute (GAI) analysis of Obama’s own official White House calendar, as well as the Politico presidential calendar, and raises new questions about Obama’s executive leadership and management throughout the implementation of his singular legislative achievement. More alarming still, the president’s schedule lists 277 private
One of President Obama´s chief political assets has been his ability to excite young people like almost no politician in history. But the days of America´s youth fawning over the president are over. A new Harvard University Institute of Politics poll released Wednesday confirms what other surveys have shown in recent months: Millennials have soured on Obama so much this year that their opinion of him largely mirrors the American public´s. Even though Obama does not ever have to face another election, he should be worried about the findings for a couple of reasons, which we will dive into momentarily.
More young men in California rise in pitch at the end of their sentences when talking, new research shows. This process is known as "uptalk" or "valleygirl speak" and has in the past been associated with young females, typically from California or Australia.But now a team says that this way of speaking is becoming more frequent among men.The findings were presented at the Meeting of the Acoustical Society of America in California. "We found use of uptalk in all of our speakers, despite their diverse backgrounds in socioeconomic status, ethnicity, bilingualism and gender," said Amanda Ritchart, a linguist at the University of
DAVID CORN: I saw a president who remains frustrated with the political-media culture that he has to work within, and that he´s looking to rally people, students here, and supporters, and people within the media. CHRIS MATTHEWS: But David Corn, you skeptic. He came to us today. He came amongst us. CORN: He´s trying to rally people behind this vision that he´s been promoting for a couple years. FINEMAN: By the way, he did it the end here, today, Chris, not by defending specifics, but by explaining why he´s in the game to begin with. And I don´t know about you, he´s
The most curious thing of all about the November jobs report released on Friday was the huge drop in the unemployment rate — and the fact that the Labor Department chose not to disclose that the data going into that figure are under investigation for falsification. On Nov. 19, I broke the news in my column that the Census Bureau, which collects data that goes into the jobless rate on behalf of Labor, had caught one of its enumerators fabricating interviews in 2010. The culprit said back then (and to me during an interview) that he was told to do so by
Denver - A baker who refused to make a wedding cake for a same-sex ceremony must serve gay couples despite his religious beliefs or face fines, a judge said Friday. The order from administrative law judge Robert N. Spencer said Masterpiece Cakeshop in suburban Denver discriminated against a couple "because of their sexual orientation by refusing to sell them a wedding cake for their same-sex marriage." The order says the cake-maker must "cease and desist from discriminating" against gay couples. Although the judge did not impose fines in this case, the business will face penalties if it continues to turn away gay
7. On the U.S. war with Iraq: “If there is a country that has committed unspeakable atrocities in the world, it is the United States of America. They don’t care for human beings.” Via cbsnews.com 6. On Israel: “Israel should withdraw from all the areas which it won from the Arabs in 1967, and in particular Israel should withdraw completely from the Golan Heights, from south Lebanon and from the West Bank.” Via jweekly.com 5. On the U.S. war with Iraq: “All that (Mr. Bush) wants is Iraqi oil.” Via cbsnews.com 4. Mandela on Castro and the Cuban revolution: “From its earliest days, the Cuban Revolution has also been a
The question all week long was this: Who are you going to believe, an illegal alien or the president of the United States of America? Obviously, if it’s a president who once went by an alias, Barry Soetoro, you go with Uncle Omar, 100 percent, no questions asked. And so it was that the White House finally admitted to another, uh, misstatement — despite previous denials, Barack/Barry did sleep on his beloved Uncle Omar’s couch in Cambridge when he first moved here to attend Harvard Law School (speaking of which, we’re still waiting to see the president’s grades and his LSAT scores). But the
Former President Bill Clinton shared an anecdote regarding Nelson Mandela and the aftermath of his impeachment Friday on CNN. Clinton revealed shortly after the “impeachment business” finished on Capitol Hill, Rep. Henry Hyde (R., Ill.) who managed the impeachment trial requested a meeting at the White House. The former president granted the meeting out of lessons of humility and forgiveness he learned from Mandela, he said: BILL CLINTON: I remember one day, oh, about a month after the whole impeachment business was over, Henry Hyde, who had run the whole show, unbelievably enough, maybe a few months after, it was