Posted on 09/11/2012 4:50:06 PM PDT by SeekAndFind
In addendum to my earlier trillion-dollar-deficit and possible-Moody's-credit-downgrade post, here's what our Congressional leaders had to say on the subject, via The Hill. Speaker of the House John Boehner, in response to a question about Moody's announcement, says that President Obama and the Senate Democrats have gone AWOL on producing a viable debt deal:
“I’m not confident at all. Listen, the House has done its job, on both the sequester and the looming tax hikes that will cost our economy some 700,000 jobs. The Senate at some point has to act. And on both of these, where’s the president? Where’s the leadership? Absent without leave.”
Senate Majority Leader Harry Reid, on the other hand, seems to disagree (it’s shocking, I know):
Reid told reporters that it is far too early to give up on the prospect of a bipartisan deal on taxes and spending during the lame-duck session after Election Day.
He said Republicans need to look at the glass “half full” instead of “half empty,” noting that Democrats are willing to extend the Bush-era tax rates for 98 percent of American families.
“I was disappointed when my friend John Boehner said today that he has no confidence on a budget deal. I think we have to look at the glass being half full and not half empty all the time. I’m confident that we will reach some kind of arrangement,” Reid said.
“It’s much, much too early to give up,” Reid added. “I’m not going to give up.”
At the risk of shocking you all again, I’m with Speaker Boehner on this one. For what feels like the zillionth time, hiking taxes on families making more than 250k a year is not a solution to our debt problem. It’s a populist balm that makes people feel better by channeling their resentment toward the wealthy and making them participate in “shared sacrifice” or whatever, but it’s a balm that will come at the price of jobs, stability, and economic growth. President Obama has been steadily touring the country, focusing his campaign around this one faux-point, and trying to convince Americans that he can’t get anything done now because of those darn obstructionist Republicans but that his hitherto unknown leadership skills will magically materialize on a second term. …Why do I still feel so skeptical?
Boehner, if it makes you feel better, I have no confidence in you either.
Besides, $250,000 per family per year does not make that family wealthy. Here in SoCal, that’s a fireman and a school administrator. It’s not Thurston Howell III.
Yeah, that’s what they said last year before kicking the can and concocting THIS stupid idea. I’m sure they’ll postpone the inevitable again at the last moment.
SOME BEACH !
If you’re gonna control the house, senate, and white house, you better have a plan to get your $hit together most ricky tick.
Are you ready for the perfect storm ?
“...Republicans need to look at the glass ‘half full’ instead of ‘half empty,’...”
The problem IS, Boehner looks AT the glass and drinks FROM it too often, I hear.
I know that sequestration is bad policy. But how does cutting 1.2 trillion more over 10 years lead to a DOWNGRADE?
Who’s Boehner? Never heard of him.
Seriously. Approval rating of 20% or so, Boehner is MIA. When he is in front of a camera, he needs to say more provocative things to actually get people to listen.
Very frustrating.
There in a nutshell is Obama's economic policy. After 3 years of doing the WRONG things and wrecking our economy, their only recourse is to resurrect Bush's policies.
Don't get me wrong, I always agree with the idea of tax cuts. My point is that Dems have absolutely no ideas of their own to revive the economy.
BTW, who's taking the country backward now?
Based on his track record, this statement from Boner should be read as the moment he started caving in.
OK, how does this sound for a compromise?
Give the Dems a ONE PERCENT INCREASE on those making over $250K. ONE PERCENT ONLY. Then Obummer can’t bitch that we didn’t tag the “rich” that he despises so much (unless he’s begging for donations).
In exchange, we impose a 3 PERCENT tax on those who don’t pay any income tax now! No more free rides! Make EVERYBODY pull the wagon!
And yes, that income tax would apply to benefits from EVERY entitlement program, no exceptions.
This is really an easy one Boehner.
Fair Tax
Then defund/shutter 4 federal agencies-Energy, Education, EPA, and HHS/CMS. I mean squirrels and rats eating the stuffing out of the chairs defund. Not just trim their budgets so they grow slower defund scam Congress always dumps on We the Peolple.
Stand back and hold on to your chair/ buckle your seatbelt and watch The Aemerican Industrial Machine kick on the afterburners.
What else is new?
Just cry for us Mr. Speaker, so we can see what an emotional, social and political retard you really are.
I only wish I had someone to sign-language the following message to you:
Get out of Issa’s way, listen to Allen West, grow some NADS, tell Pelosi her ignorance is exceeded only by her atrocious looks and kick some political ass like a real Speaker of the House might do!!
Or just cry some more.
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