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A Tepid Fiscal Agreement
New York Times, by Editorial

Original Article

Posted By:LittleHoodedMonk, 12/31/2012 10:11:03 PM

For the first time since President George W. Bush began the country’s long slide into debt by cutting taxes in 2001, a tentative agreement was reached Monday between Democratic and Republican leaders in the Senate to raise income taxes on the rich. That’s what makes the deal significant: assuming it is quickly approved by Congress, it begins to reverse the ruinous pattern of dealing with Washington’s fiscal problems only through spending cuts. (Snip) Given that the Bush-era tax cuts expire on Jan. 1, Republicans were forced to give ground on their philosophical opposition to higher taxes,

Comments:
Simply put, we are beginning the New Year, 2013, behind the eight-ball because the GOP is weak, weak, weak. Not a reason to leave party or start a new one, but rather, through the Tea Party, purge ourselves of this RINO ilk.

      


Post Reply  

Reply 1 - Posted by: bhkat, 12/31/2012 10:13:14 PM     (No. 9092395)

Liars! The slide into more debt was due to more spending. The Bush tax cuts resulted in an economic boom that expanded the tax base and resulted in record revenue.

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Reply 2 - Posted by: fritzilou, 12/31/2012 10:20:25 PM     (No. 9092402)

Did George W. Bush go to the mat for Social Security reform? Yes!

Did George W. Bush warn of the housing/mortgage/Fannie Mae crisis looming on the horizon? Yes

Did the Democrats offer any cooperation on the above two issues? No they didn´t!!!!!!!

So here we are today going into bankruptcy as a nation, if not officially, at least we know that we are way over our heads at this time and the official bankruptcy is coming soon at a theater near you.




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Reply 3 - Posted by: msctex1, 12/31/2012 10:21:18 PM     (No. 9092403)

And the Times continues its own slide into utter irrelevance.

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Reply 4 - Posted by: Scribelus, 12/31/2012 10:22:07 PM     (No. 9092404)

Yep. W did it in 2001. The Marxist´s despicable spending of six trillion had nothing to do with the peril the nation now experiences. Utterly bassackwards.

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Reply 5 - Posted by: Th-Gr-Sil-Majority, 12/31/2012 10:24:17 PM     (No. 9092407)

...they lost me at the first sentence. Why bother caring what the NYT has to say on it...

...at this point I say a pox on both parties to have allowed it to reach the point of this "last minute" theater they put on. Of course no drama 0bama is the greatest queen of them all...

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Reply 6 - Posted by: RPool, 12/31/2012 10:25:57 PM     (No. 9092411)

We are no longer responding to politics or perspective or position. We now, as a nation, have to deal with insanity.

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Reply 7 - Posted by: BcdErick, 12/31/2012 10:31:12 PM     (No. 9092417)

Why post the NYT? It´s a failed rag that is soon to do a Newsweek and for the same reasons. Their comically intolerant, elitist rants are detached from reality. Are the "Daily Worker" or Cuba´s "Granma International" posted here? No. Those are Soviet style Orwellian hate sheets. Those have become the role model for the NYT in its desperate struggle to survive in a capitalist economy. Soon they´ll be giving out the NYT free on the street corners and the NYT will survive on prostitution ads just like the "Village Voice".

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Reply 8 - Posted by: The Other Guy, 12/31/2012 10:36:12 PM     (No. 9092423)

Stopped reading after the first sentence. I believe Mark Twain wrote something about lies and damned lies. Although I don´t recall his entire thoughts on the subject or his exact words, I´m sure that sentence falls in the latter category.

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Reply 9 - Posted by: fhancock, 12/31/2012 10:45:42 PM     (No. 9092431)

The editors of the NYTs better hope there is not a hell for surely they will go there for their mendacity

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Reply 10 - Posted by: nonsense, 12/31/2012 10:50:11 PM     (No. 9092437)

Tax and Spend Demonrats. Where are the spending cuts?

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Reply 11 - Posted by: Heraclitus, 12/31/2012 10:56:05 PM     (No. 9092442)

As others have said, the first sentence ticked me off.

The first year of GWB we were hit by terrorists, and the economy took a hit and began a precipitous slide. Democrats voted for the new tax rates.

For all of the Bush years, the unemployment rate was low, and the economic growth rate was good. Both of these factors, and much more, under BO have been the opposite.

ONLY when the Dem/Lefties got control of both Chambers, in 2007, did the economy begin to shrink back.

Republicans --including President Bush-- failed to offer a defense of policies, or to proclaim the truth about the economy.

Not once have we heard a Republican state the facts about the unemployment rate, for example. How about simply saying that the rate was on average was about 5%; under BO it has been twice that.

Sick of the lies and deception.

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Reply 12 - Posted by: fireman28, 12/31/2012 10:59:00 PM     (No. 9092448)

NY SLIMES LIES AS ALWAY.

Blame it on Bush, sure.

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Reply 13 - Posted by: jalo1951, 12/31/2012 11:14:02 PM     (No. 9092472)

Tax and spend dems. Nothing has changed. I loved the whining about the death tax. Stealing 40% of your wealth just isn´t enough to satisfy their need to give it away to their base to buy votes. Parasitic leeches.

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Reply 14 - Posted by: kafir091101, 12/31/2012 11:32:55 PM     (No. 9092497)

I stopped reading after the first paragraph.

What a Pant Load of Dung!

#2: You are exactly correct.

Kafir


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Reply 15 - Posted by: TheMotherCO, 1/1/2013 7:14:45 AM     (No. 9092708)

GW and RR were our two best Presidents. Both were highly intelligent, had a sense of history, and took emergencies with necessary actions. The effeminate dope we have in the WH now is stupid, lazy, raises taxes to fund his trips and his cow of a wife a designer wardrobe. The two above good guys also had a wicked sense of humor and made many friends for our country. Now we have a prez that caters to mooslims.

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Below, you will find ...

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