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White House blames Republican "brinkmanship" for GDP contraction
reuters.com ^ | January 30, 2013 | Mark Felsenthal

Posted on 01/30/2013 6:46:46 PM PST by Tailgunner Joe

The White House on Wednesday blamed the surprising contraction of the economy at the end of last year at least partly on Republican "political brinkmanship" for threatening to let defense cuts take effect.

White House spokesman Jay Carney said similar threats over a looming March 1 deadline when defense and other cuts take effect absent a broader budget deal could similarly hurt the U.S. economy and taxpayers.

"This is political brinkmanship with one primary victim, and that is American taxpayers and the American middle class," Carney said at a briefing.

"Our economy is facing a major headwind ... and that's Republicans in Congress."

Carney referred to comments by former vice presidential candidate and House of Representatives Budget Committee Chairman Paul Ryan, who said Sunday he believes the automatic spending cuts will go into effect because Democrats have not offered alternatives, and remarks made by House Speaker John Boehner.

Boehner said in a January 6 interview that he had the spending cuts "in my back pocket" for use as a bargaining chip in budget talks with the White House.

"It's not a game. It's the American economy," Carney said. "The American people - those who pay attention to this issue in detail - are rightly appalled by those kind of tactics that, you know, do harm to their lives, do harm to the economy in the name of ... achieving some political objectives here in Washington."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; United Kingdom
KEYWORDS: europeanunion; partisanmediashills; unitedkingdom

1 posted on 01/30/2013 6:46:50 PM PST by Tailgunner Joe
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To: Tailgunner Joe

I wonder how many times little Barry Soetoro used the old standby, “The dog ate my homework” excuse. Grow up Barry!!!


2 posted on 01/30/2013 6:51:09 PM PST by FlingWingFlyer (Now Playing. Obama II - The Revenge of My Father.)
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To: Tailgunner Joe

I wonder if he takes credit for Sasha and Malia.... and if it’s true.


3 posted on 01/30/2013 6:52:17 PM PST by Feckless (I was trained by the US << This Tagline Censored by FR >> ain't that irOnic?)
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To: Tailgunner Joe

I wonder if he takes credit for Sasha and Malia.... and if it’s true.


4 posted on 01/30/2013 6:55:15 PM PST by Feckless (I was trained by the US << This Tagline Censored by FR >> ain't that irOnic?)
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To: Tailgunner Joe

If it isn’t a bogeyman, it’s a straw man. Anything but taking responsibility. Won’t work when they have to face their Maker.


5 posted on 01/30/2013 6:59:44 PM PST by Olog-hai
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To: Tailgunner Joe
GDP??? the boy isn't smart enough to understand the business model of a lemonade stand...
6 posted on 01/30/2013 6:59:57 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: All

What exactly do they think the alternative is?

The Sequester is LAW. They agreed to it. They signed it. It takes place. If you don’t want it to take place, then offer up some other $120 Billion in 2013 spending cuts.

What they don’t seem to get is that YOU HAVE TO CUT $120B. They already agreed to do that. If they want to cut from elsewhere, fine, but it MUST BE $120B in 2013. No stretching it out. No playing games. $120 Billion in 2013.

So, offer up somewhere else to cut. And heads up there, Rufus, the upcoming Continuing Resolution will require even more cuts, and some of it will be 2013. Every penny of it is GDP drag and that’s just the way it has to be.

The party is over. Oh, and btw, if you want some tax increases for “balance”, then go ahead and propose them, on the middle class, and recognize that tax increases are just as much a GDP drag as spending cuts.

THE PARTY IS OVER.


7 posted on 01/30/2013 7:08:26 PM PST by Owen
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To: Tailgunner Joe

8 posted on 01/30/2013 7:10:54 PM PST by Bratch
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To: Tailgunner Joe

Weird. Didn’t these defense cuts come from Obama in the first place? It wasn’t a proposal from the GOP House.


9 posted on 01/30/2013 7:25:51 PM PST by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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To: Tailgunner Joe

When are the people going to recognize the massive power of the Republican Party. If everything is their fault maybe we should have them control Washington and reverse everything they have been doing since Obama took office.


10 posted on 01/30/2013 7:33:44 PM PST by kempster
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To: Tailgunner Joe

Reuters’ writers do a bang-up job spinning on behalf of their party.
This report/column is particularly amusing.


11 posted on 01/30/2013 7:53:32 PM PST by Lancey Howard
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To: Tailgunner Joe

Surely this little a-hole (Mr Carney) will be going to hell one day? He is a master at the art of deception...


12 posted on 01/30/2013 8:53:25 PM PST by eeriegeno (<p>)
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To: Tailgunner Joe

Well, that’s a big surprise. Who could have seen it coming?


13 posted on 01/30/2013 9:27:34 PM PST by ModelBreaker
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To: Tailgunner Joe

How long are we going to let Obama mess up the economy and then blame his for his ineptitude?


14 posted on 01/30/2013 11:53:08 PM PST by Essie
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To: ModelBreaker

No surprise,even expected,the Real Problem is the Feckless Republicans who just sit there and continue to say nothing in return.


15 posted on 01/31/2013 3:39:57 AM PST by ballplayer
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To: ballplayer

“No surprise,even expected,the Real Problem is the Feckless Republicans who just sit there and continue to say nothing in return.’

No doubt McConnell and Boehner will enjoy some great dinners out with their favorite lobbyists this week. Perhaps they’ll bring one or two of the GOP freshmen along to show them the way.


16 posted on 01/31/2013 4:01:45 AM PST by Soul of the South
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To: Soul of the South

I guess I was Wrong,for whatever its worth,
http://www.freerepublic.com/focus/f-news/2983642/posts


17 posted on 01/31/2013 4:05:23 AM PST by ballplayer
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