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Together We Can Beat the Deficit [By PATTY MURRAY, MAX BAUCUS AND JOHN KERRY...........]
Wall Street Journal ^

Posted on 08/17/2011 2:46:47 PM PDT by Sub-Driver

Together We Can Beat the Deficit We did it in the 1990s and we can do it again today. By PATTY MURRAY, MAX BAUCUS AND JOHN KERRY

Our country has long been a beacon of light in the world because the American people always come together when times are tough. Over the past few months, in debating the debt ceiling and deficit reduction, that light of common cause has appeared to flicker at times in our nation's capital. As appointees to the Joint Select Committee on Deficit Reduction—12 members of Congress charged with finding $1.5 trillion in deficit reduction over the next decade—we hope to remedy that.

This is not going to be an easy task. Washington is mired in gridlock, and pundits and special interests from both sides of the aisle are already heaving boulders at our committee. But this issue is too critical to be examined through the typical ideological lens. And if this committee is going to deliver the results Americans deserve, we are going to need to meet eye-to-eye as people despite outside efforts to divide us as partisans.

Make no mistake, this is an important moment for our country. Millions of Americans are still hurting, working overtime to pay the bills, struggling to find a job and a way forward for their families. Trillions of dollars in private capital are sitting on the sidelines because businesses are not yet confident enough in our economy or in their lawmakers to invest in the future. These families and businesses are demanding that this new committee work together to overcome the partisanship and brinksmanship of recent months and put our fiscal house in order.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: baucus; catfoodcommittee; debt; debtceiling; debtlimit; deficit; downgrade; johnfkerry; johnkerry; jointcommittee; kerry; maxbaucus; murray; obamadowngrade; pattymurray; supercommittee; supercongress
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We're screwed........
1 posted on 08/17/2011 2:46:49 PM PDT by Sub-Driver
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To: Sub-Driver

When do we sing koom by ya?


2 posted on 08/17/2011 2:50:27 PM PDT by ronnie raygun (V)
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To: Sub-Driver

Three windbags in a room ......


3 posted on 08/17/2011 2:50:59 PM PDT by Col Frank Slade
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To: Sub-Driver

Max Baucus lecturing on deficit reduction? That’s like Lady Gagme lecturing on humility....it just don’t work.


4 posted on 08/17/2011 2:51:07 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: Sub-Driver
Photobucket
5 posted on 08/17/2011 2:51:51 PM PDT by americanophile ("this absurd theology of an immoral Bedouin, is a rotting corpse which poisons our lives" - Ataturk)
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To: Sub-Driver
Yes. A lot of lofty language that always ends with the taxpayer getting the bill.

Gee thanks.

6 posted on 08/17/2011 2:51:58 PM PDT by paddles ("The more corrupt the state, the more it legislates." Tacitus)
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To: Sub-Driver

Murray, Baucus and Kerry...I stopped reading at that point...


7 posted on 08/17/2011 2:52:27 PM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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To: wac3rd

You made it further than me...I quit at “Patty Mur...”


8 posted on 08/17/2011 2:53:55 PM PDT by JaguarXKE
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To: Sub-Driver

Power Line Blog held a $100,000 prize competition for the most effective and creative dramatization of the significance of the federal debt situation. Any creative product was eligible — videos, songs, paintings, screenplays, Power Point presentations, essays, performance art, or anything else

Several entries have gotten a lot of attention and a lot of views or listens. But the one that has drawn the most interest so far is Doorbell.

http://www.ntrc..info/doorbell.html


9 posted on 08/17/2011 2:54:24 PM PDT by Mark (Don't argue with my posts. I typed while under sniper fire..)
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To: paddles

There is no way that Porkulus Patty speaks with loftiness.


10 posted on 08/17/2011 2:54:35 PM PDT by Parmy
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To: Sub-Driver
PATTY MURRAY, MAX BAUCUS AND JOHN KERRY...........

Photobucket

11 posted on 08/17/2011 2:54:47 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Sub-Driver

How would $1.5T over a whole decade help?


12 posted on 08/17/2011 2:54:50 PM PDT by ltc8k6
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To: Sub-Driver

I’m not subscribing in order to read the article, so I’ll just guess that the prescription for beating the deficit is to increase spending— by a large amount and right now.


13 posted on 08/17/2011 2:55:51 PM PDT by San Jacinto
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To: Sub-Driver
Isn't this pathetic . . . an absolute idiot, a moron, and a disgusting traitor . . . what a panel!

America should be proud!

14 posted on 08/17/2011 2:57:35 PM PDT by laweeks
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To: Sub-Driver
Together We Can Beat the Deficit We did it in the 1990s

Bill Clinton fought tooth and nail against those changes and only gave in when Dick Morris told him it was not a winning position, then he pretended to be the leader of the changes.

15 posted on 08/17/2011 2:58:36 PM PDT by libertylover (The problem with Obama is not that his skin is too black, it's that his ideas are too RED.)
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To: Sub-Driver

We? Where did she get that we stuff?

The Republican Congress drug Clinton and the Democrats in Congress along kicking and screaming to obtain the balanced budget we had for a couple of years.

Then the Democrats brayed about how their ass had balanced the budget. Only then, they referred to it as a surplus. A surplus!

We were $5.9 trillion in debt, but they kept saying he had balanced the budget, and the Republicans had gone into the red again.

I’ve got a new rule. Democrats who blatantly lie, leave Congress for good.


16 posted on 08/17/2011 3:00:51 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Sub-Driver

Just wait until John McCain agrees with them, without challenging a word they said. That’s how that F’r kills us just about every time. He confirms their misrepresentations for them, helping to mislead the whole Democrat party’s supporters. He even suckers folks on our side.

Thanks everybody who supported him for return to Washington.

On 5.4 more years of his wonderful support for Conservatism. /s


17 posted on 08/17/2011 3:03:49 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Sub-Driver

NO! YOU CAN’T MAKE ME READ THIS! NO, NO, PLEASE, NO!


18 posted on 08/17/2011 3:04:32 PM PDT by BfloGuy (Workers and consumers are, of course, identical.)
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To: Sub-Driver

Wow. Aren’t they the reasonable ones. As opposed to those eeeevil tea party-ites.

Yeah thats right. The deficit was reduced in the 90’s. Thats not because they worked together. Its because the Republicans won the majority of both houses and pushed the Dems aside. Against the wishes of the Dems they lowered the capital gains rate, restrained spending in general and enacted welfare reform. And it helped the economy. Had it been left up to Bill and the Dems we would have had deficits as far as the eye can see. And a less vibrant economy.


19 posted on 08/17/2011 3:04:49 PM PDT by barstoolblues (Notes from the Hobbitt hole. By Hezbollah Hobbitt.)
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To: EGPWS

Actually I think that’s Patty Murray in the center. :^)


20 posted on 08/17/2011 3:05:05 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Sub-Driver

We’re from the Government and we’re here to help.


21 posted on 08/17/2011 3:05:05 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: andy58-in-nh

Oh yes they are. /s Good call...


22 posted on 08/17/2011 3:05:51 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Sub-Driver

The Republicans held majority control in both houses of Congress from 94-2000.

Is it possible that the writers of this piece are not aware of this?


23 posted on 08/17/2011 3:06:39 PM PDT by reaganator
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To: Sub-Driver

In the late 90s we had tax cuts and less government. Let’s do it.


24 posted on 08/17/2011 3:07:32 PM PDT by ilgipper
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To: Sub-Driver

We need to rid the congress and senate of these Ignorant Communist once and for all..They have been making a laughing stock out of this wonderful country..God know I would never have believed this country would have been taken over by these communist bastards..but it has..now they are making our laws and rules for us..Time to pray to God for our country back


25 posted on 08/17/2011 3:07:43 PM PDT by PLD
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To: Sub-Driver

So Obama has assigned this trio of arsonists to extinguish the deficit fire he and they started.


26 posted on 08/17/2011 3:07:57 PM PDT by chuckee
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To: Sub-Driver

Here’s how its done...not that these three twinkle-toes would ever figure it out...

Warren Harding figured it out in 1920...

Congress and the Executive Branch have lots to do.

So far they’re not doin’ it right..

Its been done before..

Harding cut the government’s budget nearly in half between 1920 and 1922. The rest of Harding’s approach was equally laissez-faire. Tax rates were slashed for all income groups. The national debt was reduced by one-third. The Federal Reserve’s activity, moreover, was hardly noticeable. As one economic historian puts it, “Despite the severity of the contraction, the Fed did not move to use its powers to turn the money supply around and fight the contraction.” 2 By the late summer of 1921, signs of recovery were already visible. The following year, unemployment was back down to 6.7 percent and was only 2.4 percent by 1923.

http://www.firstprinciplesjournal.com/articles.aspx?article=1319&loc=r

BTW..ole Warren ALSO fixed immigration...

Mr. Harding signed into law the Emergency Quota Act[3] which sought to control immigration following World War I and preserve the distinctive American culture by ensuring the majority of immigrants came from the historically compatible cultures of Northern Europe. This law aimed to bring wages of hard working Americans under control by limiting immigration to 3% of the 1910 census. It was followed on by a similar act in 1924, after Mr. Harding’s death.[4]

A Warren Harding prescription...if filled ...would ignite the afterburners on the US job machine and the economy. However DC would have to yield on a tremendous amount of power. Our job as We the People...is to persuade them of the “utility” ..shall we say..of doing so. In all probability the same minds that made the mess...aren’t capable of the solution however.

BTW any takers that ‘Bammy couldn’t even tell you that Warren Harding was one of his predecessors in office?

Even more telling about what our betters in the RinoCracy think of a Constitutional President..

http://www.usnews.com/listings/worst-presidents/warren-harding


27 posted on 08/17/2011 3:08:29 PM PDT by mo
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To: Sub-Driver

Three dim bulbs talkin’ about flickering light ....


28 posted on 08/17/2011 3:09:02 PM PDT by silverleaf (The super rich do not pay taxes, they collect taxes.)
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To: EGPWS

are you sure that isn’t Dummy Wasserman-Schultz on the left?

the faaaar left


29 posted on 08/17/2011 3:11:08 PM PDT by silverleaf (The super rich do not pay taxes, they collect taxes.)
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To: DoughtyOne
The Republican Congress drug Clinton and the Democrats in Congress along kicking and screaming to obtain the balanced budget we had for a couple of years.

That's right. There was welfare reform, too. The freeloaders had to get their own jobs.
Let's do THAT again!

Clinton also had the benefit of Reagans trickle down tax break. He skated for years on that money- $$$$$.
( he raised taxes, ruined it all, and gave Bush a recession. Let's NOT do that part again!)

30 posted on 08/17/2011 3:13:30 PM PDT by concerned about politics ("Get thee behind me, Liberal")
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To: PLD

Why isn’t Washington State embarrassed to have such a stupid Senator as Patty US Mint Murray??

I mean, really? It is such a beautiful place. Is the drinking water contaminated with lead or something?


31 posted on 08/17/2011 3:13:46 PM PDT by silverleaf (The super rich do not pay taxes, they collect taxes.)
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To: PLD

Why isn’t Washington State embarrassed to have such a stupid Senator as Patty US Mint Murray??

I mean, really? It is such a beautiful place. Is the drinking water contaminated with lead or something?


32 posted on 08/17/2011 3:13:54 PM PDT by silverleaf (The super rich do not pay taxes, they collect taxes.)
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To: silverleaf

We are, it’s just the stupid libs keep voting her back into office.


33 posted on 08/17/2011 3:14:33 PM PDT by Chandalier (You say Obama, I say O-blame-o!)
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To: Mark

http://www.ntrc.info/doorbell.html


34 posted on 08/17/2011 3:15:31 PM PDT by mo
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To: Sub-Driver
none of those useless eaters can understand the business model of a lemonade stand...
35 posted on 08/17/2011 3:15:50 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Chode
p.s....

booo...


Yooo Hooo... I'm over HERE!!!

36 posted on 08/17/2011 3:17:07 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: wac3rd
Murray, Baucus and Kerry...I stopped reading at that point...

Because you already know their solution.

1. Raise taxes on the rich.

2. Spend more money tomorrow -- on "infra-structure".

3. Cut spending ten years hence. Maybe...

Pull the string in each of their chests...and that's what you'll get.

37 posted on 08/17/2011 3:17:54 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: DoughtyOne
Hey gang! Wanna beat that nasty ol' deficit, once an' fer all and for good??? Okay, then!! Now, listen to me, real close-like, 'cause I got yer li'l ol' secret right here, just for you....

Ready, you lovable little Congresscritters, you?

Okay...here goes:

Stop spending container ships full of money that you don't own on worthless, bullsh!t government programs that we don't want, that we can't afford, and that makes us all slaves to insufferable assholes like you. Instead, let us keep our money and spend it ourselves, as we see fit, as free citizens of a free republic.

I'm sorry, did you guys get that, or do we need to repeat it 14.7 trillion times until you do?

38 posted on 08/17/2011 3:20:36 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Sub-Driver

ROTFLOL


39 posted on 08/17/2011 3:22:47 PM PDT by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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To: freekitty

Three idiots speak.


40 posted on 08/17/2011 3:24:21 PM PDT by baiamonte
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To: ronnie raygun

When do we storm the gates?


41 posted on 08/17/2011 3:24:37 PM PDT by FatherFig1o155 (Still fighting the fight: njconservative.wordpress.com/)
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To: silverleaf

I do agree that Washington State is a beautiful place and it does have some really weird people there, but also has some very good ones there..I really don’t think Patty Murry won that election I think they cheated and gave her some dead bodies and illegals.when I say they I mean the democrat criminals..You don’t think they would lose the majority in the Senate do you.If she had of lost the whole country would be different without the criminals in control..


42 posted on 08/17/2011 3:25:11 PM PDT by PLD
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To: Sub-Driver

For easy 25% deficit reduction, reduce the committee by Murray, Baucus and Kerry. As long as Kyl and Upton don’t both go RINO sanity would get at least a 5-4 working majority.


43 posted on 08/17/2011 3:26:08 PM PDT by JohnBovenmyer (Obama been Liberal. Hope Change!)
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To: JaguarXKE

Hahaha


44 posted on 08/17/2011 3:28:23 PM PDT by funfan
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To: andy58-in-nh

Your answer, one down, 14,699,999,999,999 more times to go.

And if you double it, it won’t make any difference.


45 posted on 08/17/2011 3:29:25 PM PDT by DoughtyOne (The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
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To: Sub-Driver

I’m seeing them pass out big buttons:

“Whip Insufficient revenue Now” - WIN!


46 posted on 08/17/2011 3:29:25 PM PDT by DManA
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To: Sub-Driver
"WeThe Newt-led Congress did it in the 1990s and we can do it again today (by screwing the Pentagon and compromising our national security again)".
47 posted on 08/17/2011 3:29:50 PM PDT by rfp1234
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To: Sub-Driver

We can do this.....but we have no ideas.

We will wait for the Republicans to balance the budget and then we will take credit for it.


48 posted on 08/17/2011 3:29:50 PM PDT by Erik Latranyi
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To: DoughtyOne

Ahh... but if 150 million people repeated it every hour from now until the election (503 days), then it would be repeated 1.8 trillion times and... that’s how screwed we are, friends.


49 posted on 08/17/2011 3:39:15 PM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: San Jacinto
I’m not subscribing in order to read the article, so I’ll just guess that the prescription for beating the deficit is to increase spending— by a large amount and right now.

Don't forget higher taxes, I'm sure that's in there as well.

50 posted on 08/17/2011 3:41:05 PM PDT by keat
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