DISQUS

AMERICAblog: Okay, now the Repubs. are really, really worried about deficits

  • Older_Wiser · 10 months ago
    Relevant Rethuglicons? An oxymoron...and they know it. Could say the same thing about Truthful Rethuglicons as well...

    I hope Obama is paying attention.
  • AdmNaismith · 10 months ago
    6 years of throwing billions into that black hole that is Iraq with no accountability and no expectation of any result. Now everyone has their panties in a bunch over spending less for a good reason with expected and necessary results.
    The Reps can fuck themselves straight to hell on this one.
  • CDS2 · 10 months ago
    Budget deficits of 3% to 4% of GDP are one thing, but we're starting to talk about some serious money here when the deficit plan goes over 8%.

    "the U.S. deficit for fiscal 2009 (ending September 30) will nearly triple to $1.19 trillion. That's 8.3% of GDP"

    Wall Street Journal....
  • nicho · 10 months ago
    Thanks to the Republicans. Now, we'll have to spend more money to repair the damage. So, over the short term, any increase in deficits will be laid squarely at the feet of the GOP -- from Reagan to Cheney/Bush.
  • CDS2 · 10 months ago
    Now come on.....if any more money is spent, it will be because the Democrats chose to spend it. Also, the last two years have been in the control of the Democrats, so it's a two way street. The money would not have been spent if the Dem's didn't approve it.
  • Bush Bites · 10 months ago
    Yeah, kill government spending in the midst of a depression.

    Even an idiot like you should know that's a bad idea.
  • CDS2 · 10 months ago
    I totally agree, but don't blame it all on the Republicans.
    And, must you lower yourself to the typical far left name calling standard? Shame on you.
  • Butch1 · 10 months ago
    Yes, the democrats are not blameless in this mess the republicans caused, but considering that we are in the mess we see is because of the myopic gluttony of republicans not wanting to be regulated and running this economy a muck when they had the majority. The democrats were too weak minded to realize they were in the majority these past two years and continued to go along with the republicans even as a majority simply because they would have to fight the republicans tooth and nail on any bill presented and they have proven time and time again that they do not have the stomach for the fight. Kow-towing is so much easier especially when you continue to tell the public you are trying to be bipartisan and wanting to work with those on the other side of the isle.

    Presently, the democrats are left no choice in fixing this mess but to put money where it can do the most good and that is infrastructure and with the common man, not the rich fat cat who doesn't want to be weaned from the government teat and is presently throwing a tantrum via his republican representatives. We could have used some republican morals and their conscience back when they were in power running things into the ground. Now they are trying to become revisionist of their own history. We have listened to the republicans and watched their form of leadership for at least eight years and we have seen what they can do to this country when they are unchecked and unfettered. Their advice is not warranted or wanted, in my opinion.
  • grandma · 10 months ago
    Republicans have no scruples.....now that's an under-statement....

    No scruples and no regard for the truth.....the party of moral superiority is a joke.....to even attempt bi-partisanship with them is probably an even bigger joke.....
  • foolme1ns · 10 months ago
    It seems to me that the republicans are fine with giving our money to everyone, except us!!! They couldn't give the damned greedy stupid bankers enough of our money fast enough, with NO STRINGS ATTACHED. Just handed it over. But if someone mentions giving the people money or car makers who actually produce tangible goods help to stimulate the economy for, you know, regular folks, then they get their panties all in a wad about not wanting to spend OUR money!!!!

    Lately they just seem to be a day late and a dollar short on every argument. Rearranging deck chairs on the Titanic. They just don't have a clue at all.
  • Indigo · 10 months ago
    Let's not underestimate their effort. It wasn't easy to keep the deck chairs in place when the deck of the Titanic was tilted at a 45 degree angle.
  • clio · 10 months ago
    Are the Republicans who created the mess willing to push the country off the cliff into a depression?

    You betcha!
    They fought FDR every step of the way in the 1930s and have never changed. They feel entitled to their lavish lifestyles. As long as their fat cat donor base, and they themselves, remain fat Republicans will care less how much everyone else suffers. They are even willing to cede political power to keep their ducats. That's why it's crucial to repeal the Bush tax cuts, raise the marginal tax rate, and re-institute as well as increase the estate tax. Currently the upper 1% need only sit back and collect the wealth earned by the hard work of other Americans. Until that changes neither will they.
  • CDS2 · 10 months ago
    If you want to see a whole bunch of Co's close the doors and another bunch leave the USA for Mexico, China and India, raise taxes. Will the last Company to leave the USA close the door.
  • pdxprobert · 10 months ago
    Raise taxes on who? Most of the corporations I suspect you're referring to, are already trans-nationals and have off shore addresses to avoid taxes anyway... Why can't we citizens incorporate and have off shore addresses too... The IRS allows the big corporations to move off shore... but the little guys, heaven forbid equal treatment be administered...
  • nicho · 10 months ago
    What hyper nonsense -- repeated over and over by the thieves who got us into this mess with their no-tax/low-tax scam over the last 30 years. Please prove your point or STFU.
  • CDS2 · 10 months ago
    I live in Wisconsin....one of the highest taxed states in the country. Many of our business's are closing down and others are moving south. The reason....High Taxes.
  • CDS2 · 10 months ago
    One more point. If you owned a business and you had to give more of your money to the Gvt, what would you do?
  • tbhull · 10 months ago
    Like Bush and Cheney, I would become the government.
  • CDS2 · 10 months ago
    do you or anyone else have a rational answer to the question?
  • tbhull · 10 months ago
    That was a rational answer, a rational answer your irrational mind could not digest.
  • CDS2 · 10 months ago
    Find it difficult to debate and still remaining civil? Typical.
  • tbhull · 10 months ago
    No, the response was more than rational and my pointing it out was more than civil. I am sorry your little feelings were hurt.
  • Rab · 10 months ago
    Keep spouting the retarded company line if that makes you feel good. I live in Minnesota and Wisconites cross over everyday to work in Minnesota much more than the other way. Repug dipshits cry over here about high taxes as the bridges fall down and the roads crumble. Taxes are the price you pay for a civilized society.
  • CDS2 · 10 months ago
    I have no problem with paying my share of the taxes. My problem is who is determining my share, and what are they spending it on?
  • Wisconsin Liberal · 10 months ago
    I work for a living and I have to give money to the rich to placate them into staying. Hell NO
  • CDS2 · 10 months ago
    I didn't say anything about giving money to the rich. Please re-read my question.
  • Indigo · 10 months ago
    You know what . . . "high taxes" is the habitual reason given for most anything outrageous that much of anybody every does. We should start to ridicule that expression on every occasion: Q. Why did you dip little Peggy's pigtail into the ink well, little Billy? A. High Taxes made me do it.
  • Bush Bites · 10 months ago
    She doesn't know what she's talking about anyway.

    According to this, Wisconsin ranks 38....about middle of the pack and in the same range as most of the Southern states.

    http://www.taxfoundation.org/files/bp581.pdf
  • CDS2 · 10 months ago
    Hey, thanks for the info. I guess #38 isn't too bad afterall, however, they are still leaving and claiming that the high taxes are the reason.
  • Wisconsin Liberal · 10 months ago
    We have given them all the tax cuts and grants and aids they wanted and still they aren't happy. They are GREEDY. To hell with them
  • Bush Bites · 10 months ago
    Well, that's because you've been giving them tax breaks to move offshore.

    Nice going, traitor.
  • Butch1 · 10 months ago
    I say, good riddance, and take their citizenship away along with their traitorous actions. They aren't showing any allegiance to this country anyway.

    Believe it or not, the common man can organize and run the whole show a lot better. If you think that sounds like socialism well perhaps, capitalism has gone its way and another idea is waiting in the wings. History has proven again and again that one can not depend on the rich to have any sympathy or any cares for the working class. They look upon them as only put on this earth to work for them and never be an equal. I have no sympathy for those complaining about high taxes when they have made a killing these past Bush years getting all the breaks whilst the working man has to pay again for these freeloaders on their backs taking more and more away from them and then, fleeing this country. Perhaps, there should be an high tariff on the products they make outside the country. They have enjoyed the huge tax benefits given them, now it is time for them to pull their belt in when the times are hard and actually carry their own load. Their own greed has caused much of the problem we face today, in my opinion.
  • Older_Wiser · 10 months ago
    Has anyone else read this story in the NYT today:

    U.S. Rejected Aid for Israeli Raid on Iranian Nuclear Site

    (Really? I could swear I heard Israel was already using bunker busting bombs in Gaza.)
  • pdxprobert · 10 months ago
    Obama will have the bully pulpit and be able to remark on past performance of these suddenly now, employers of fiscal restraint...If I don't see him stand up to these thugs and bring up their endorsement of what caused us to be where we are now, I will have to think very carefully about whether or not my vote meant anything this past fall... If I reach a conclusion that it didn't, then I suspect there will be many others like me who will just stop voting for candidates in the federal elections...projections say that the Repubs intend on blocking every effort that Obama and the Dems make and that will cause the citizenry to be even more apathetic towards federal elections...

    I will give the benefit of my doubt in favor of Obama and the Dems, but Im watching carefully at who they schmooze.. because my gut feeling tells me the base they feel most accomodating to, is the same base that the repubs did the last 8 years... and that there is an agenda out there that hasn't been shared with us citizens..

    watching carefully for now...
  • nicho · 10 months ago
    And Obama wants to reach out to these hypocrites? If they hadn't handed over several trillion dollars to corporate crooks over the last eight years, we wouldn't be in the mess we're in.

    First, we take all the money back that went to Halliburton, Blackwater, Bechtel, GE, KBR, etc. Then, we take back the obscene CEO salaries. Then, we put them all in jail. Then, we get on with our lives.
  • pdxprobert · 10 months ago
    Reminds me of a song written by Buddy Holly and Jerry Allison , "That'll be the day"..(when confidence is restored in our government and that they aren't just elected lobbyists of, for and by the corporations)
  • Indigo · 10 months ago
    Oh, I don't know . . . jail seems mild. I was visualizing something more along the lines of the execution of Braveheart.
  • red_dwarf · 10 months ago
    Drawing and quartering would be too civil for the likes of Cheney, DeLay, McConnel, and the rest of the fascist rat bastards that are the head of the rePiglican party.
  • Butch1 · 10 months ago
    Sounds like a good plan to me. ;-)
  • brian · 10 months ago
    I say we use Cheney's "Enhanced Interrogation techniques." They must know something, like where is the money they stole.
  • Ben Dover · 10 months ago
    But the gawd of the neo-cons, St. Reagan, said that deficits don't matter.

    Are they now calling St. Reagan a liar? Are they now denying Cheney's directive of "Don't Worry; Be Happy"?

    Or does this back up the filthy republicans as being the party of nothing but constant lies?

    For our nation's future financial national security, end the BushCo tax cuts that have decimated the Treasury and helped push us to the brink of yet another republican depression.
  • DCinDC · 10 months ago
    These GOP crooks stole ,stole and stole some more of the tax payer monies now they want to scream about controlling spending?
  • maudgonne · 10 months ago
    I asked him whether he thought his efforts to force the Administration to modify the bailout, especially on foreclosures, were having any effect. “Jack Newfield, while writing for the Voice under Lindsay, said he didn’t have any governmental power—he had the power to make the dinner parties of the Lindsay-administration officials unpleasant,” Barney Frank replied. “That was his pressure point. That’s part of it. You know, no one, almost no one, is totally indifferent to public opinion. So you have hearings to pressure people. People don’t like to be embarrassed. You have hearings to send messages. So they can have an impact. Sometimes they’re a waste of time. And you can get too diffused. But I think these hearings had some impact.” At the moment, Frank can claim that he played a significant role in creating a tenuous lifeline for banks and other institutions (many of which have yet to resume normal lending), while encouraging the federal government to provide some assistance to terrified homeowners (which may not happen).
    http://www.newyorker.com/reporting/2009/01/12/0...
  • Ben Dover · 10 months ago
    The republicans have nothing to add to this conversation. Their party is the party of failure, complete and total. Their neo-con policies have, for the second time, brought our nation to financial disaster.
    Participation by the republicans, while Obama is trying to save our nation, is neither desired nor required.
    Rescind the BushCo tax cuts and enforce corporate tax rates so they are loophole free.
  • cowboyneok · 10 months ago
    Stop the overseas bank loopholes, as well.
  • brian · 10 months ago
    I am not sure why we have so many loopholes. Actually I do know, but other countries in Europe seem to be able to close the loopholes. They could lower the corporate tax rate, but they need to get rid of the loopholes. As it as many of the fortune 100 companies do not pay their fair share. Just lowering the tax rate, like Republicans want to do, is nothing but another give away to the rich.
  • tlsintx · 10 months ago
    you watch...John Cornyn wants to run for president...haaaaahahahahaha what a loser..
  • Indigo · 10 months ago
    Q. How much debt are we going to pile on future generations?
    A. A lot.
  • Bush Bites · 10 months ago
    Their God would disagree:

    The Reagan Years (FY1982-FY1989)
    The Reagan administration ran budget deficits in each of its eight years. The lowest deficit was $188.6 billion in FY1989 and the highest was $311 billion in FY1983. The Reagan years added $1.94 trillion to the national debt and averaged annual deficits of $242.23 billion.
  • Butch1 · 10 months ago
    Amazing how fast it takes for them to grow a conscience. ( after 8+ years of gluttony. )
  • Roddy McCorley · 10 months ago
    Look. this has been the strategy all along. David Stockman, Saint Ronnie's budget director, publicly admitted back in the 1980s that the deficit was being deliberately run up in order to make it politically feasible to reduce or eliminate spending on popular social programs. This is what Grover Norquist is referring to when he says "starve the beast." Step 1: Run up the deficit. Step 2: Bemoan the deficit, wring hands over the deficit, and point out that we can't afford to [insert Democratic policy proposal here] until something is done about that whopping deficit.

    Which is exactly where we are now. (We would have been here sooner, but that fucking Bill Clinton came along and reduced their beautiful deficit - and after all that hard work under Reagan and Bush. How rude! My own theory is that that is the real reason he was so savagely attacked, not because of the "culture wars." At any rate, you'll notice that the first thing Li'l Georgie did was take the surplus and turn it within a matter of months back into a record deficit again.)

    So they have no reason to shut up about the deficit. Not when everything is going according to plan.
  • tbhull · 10 months ago
    What Americans should do is stop working and stop the tax flow to DC.
  • Roddy McCorley · 10 months ago
    Well, we seem to be well on our way to that, whether we want to be or not...
  • An_American_Karol · 10 months ago
    Exactly.
  • sigh · 10 months ago
    Someone gets it! The more we get this, and the more we get others to understand it, the better off we'll be. This has to be understood or social spending will always be effectively prevented or watered down (thus making what spending there is less effective). All things being equal, people understandably don't want to run up deficits, and that is exploited by the think tanks and fed by the media system.
  • cowboyneok · 10 months ago
    Well, our problem is their base doesn't really understand what side of the issue they've been on. Their base cares about one thing, and that is Republicans support their version of "Rambo Jesus" and that makes everything just dandy in their eyes. The Republican base is incapable of cognitive dissonance. The Democratic base holds our own accountable to our principals. We've already proven that by holding Obama accountable over the Warren choice. Republicans, on the other hand, would watch Cheney chew the head off a puppy and answer by handing him another one while screaming, "Praise Jaysus!"
  • tbhull · 10 months ago
    While a select few other rebups would then take a few bags of federal loot (a trillion or so) out the door to give to banks.
  • tbhull · 10 months ago
    The point is this, neither party really gives a shit about deficits. What they really care about is sending money out the door. The problem the repubs have now is that they cannot control where the borrowed money is spent.
  • scytherius · 10 months ago
    You nailed it. How in the world this entire system (the U.S.) doesn't ultimately collapse and devolve into civil war is beyond me
  • brian · 10 months ago
    When the rebellion starts the first thing I am doing is going to burn down the mega churches in the South.
  • Daniel S · 10 months ago
    That's because the money is being spent by Democrats. You are correct in saying that it seems no party cares about deficits. They have the mentality that it isn't their money, so why should they worry about it. The people who do worry about it is those who see their tax money being tossed.
  • scytherius · 10 months ago
    My god, that's like Hannibal Lecter doing PSAs for PETA
  • rawdawgbuffalo · 10 months ago
    looks as if there is No end in sight with this downward economy
  • James McConnell · 10 months ago
    Joe, there is a very simple response to born again deficit hawks. That is to attempt to enlist their support for a tax plan to go back and erase tax cuts on the richest Americans...to recind the tax cuts going back to the first budget busting tax cuts in 1982....all of them, coming forward to the present day, including interest. Why should present and future generations have to pay their bills, bills incurred by billionaires? Easy to do. Send 'em all a bill. Give 'em 4 years to pay it off and if they don't cooperate, at the least we should suspend Social Security payments to them and seize their $50 million homes and condos. This is completely nuts. We should adjust our wealth and income distribution pattern until we never see another $1 million house on the market again.
  • red_dwarf · 10 months ago
    Last I heard the top 1% had 50% of the wealth.

    Aren't democracies wonderful? Thank God we have a Free Press. Those framers were real smart guys.
  • ShirleyGoodnessanMercy · 10 months ago
    The Republicans are Aliens with No Gonads. Ignore them. No one cares about them anymore. Why should we even listen to a word they say?
  • woodroad34 · 10 months ago
    My ultra conservative acquaintance always claimed it was the Republicans that kept Bill Clinton in line and that was the reason Bill was able to amass a surplus. Of course, I had to ask what happened to those Republicans during the Bush years. Sputtering ensued.
  • Bob/SoCal · 10 months ago
    How about 1) Limiting the salary of Senators and Congressmen to the median wage of the people in the districts they represent, 2) Make them pay out of their pocket for medical coverage, also obtained within the districts they represent. 3) Freezing any outside income ( from speeches etc.) until the final year of their term along with a mandatory audit by the IRS of any income above their salary accrued during their term and the tax liability due at that time. This would save money on salaries, med. coverages, and make sure they their share of taxes....And just maybe they would learn about life outside the political bubble they now live in!
  • brian · 10 months ago
    Yeah, like that is ever going to happen. They keep complaining on how much they work as for the justification for their work. Maybe they need to understand how long the average person works and the struggles they have. Congress gets a raise every year. IF I get a raise it is usually far short of cost of living.

    And John Roberts want $50,000 more for his work. He took the job and knew how much he was going to get paid. I can guarantee I work more hours than these leechers.
  • sherifffruitfly · 10 months ago
    (shrug) It's standard. If THEY can't have the money, then NO-ONE can.
  • CarolAll · 10 months ago
    Where were these so-called "fiscal conservatives" when Bush presented the plan to build a new $700 milliion US Embassy in Iraq ? Where were they when trillions of dollars were spent on no-bid contracts to private contractors, Dept. of the Interior drug and sex parties, tax cuts for the top 1%, $100,000 toolbags for NASA spaceshuttles, and new Congressional toilets with paneled walls and new refrigerators and freezers? Now Boehner and Mitchell complain about deficit spending to lift the economy out of a serious recession. Seems like spending to create jobs, repair infrastructure, and create new sources of energy won't satisfy their lobbyists' interests. Just how did these tightwad Republicans vote when it came to Bush spending over the past 8 years? I'd like to see their voting records in print.
  • CDS2 · 10 months ago
    Don't forget that the POYUS can not spend a dime unless the Congress approves it. Also, don't forget who has been incharge of congress for the past two years. lso, don't forget Dodd and Franks promotion of Fanny and Fredie.....thats; where this problem all came to a head.
  • CDS2 · 10 months ago
    Sorry POTUS.
  • sigh · 10 months ago
    It's a shell game, they run up huge deficits on their spending and tax cuts, then very effectively (especially with the propaganda machine that passes for media in the US) scream debt when democrats try to spend on social programs and other things that benefit most people. It's where the money goes that matters, and most people don't matter to monied establishment. That has been the m.o. for decades.

    Also, it is standard to run deficits during economic downturns. Spending to get out of the recession and then pay it off when the economy improves. This is way it's "supposed" to work, and did until the huge deficits of Reagan and Bush the Younger (which are inevitable when spending is increased concurrent with huge tax cuts --to the rich). One runs deficits in time of war or recession, then pay it off in peace and prosperity.

    As a measure of debt load vs. GDP, public debt (mostly from WWII) was declining, even during and after the Vietnam War, until the "fiscal conservative" Reagan Administration took office. It moderated under Clinton, then ballooned again under Bush which has run up more debt than all other previous administrations combined. http://3.bp.blogspot.com/_RPTAaOI4RN8/STZvZ2sPa...