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Thu Nov 22, 2012, 12:39 PM

K&R if You Agree with Krugman & Howard Dean on the "Fiscal Cliff"


Let's Not Make a Deal
Paul Krugman, New York Times

Howard Dean: Let's Drive Over the Fiscal Cliff

The "Fiscal Cliff" Hoax
Time for Change, Democratic Underground

A 'Grand Bargain' on the Fiscal Cliff Could Be a Grand Betrayal
Robert L. Borasage, Institute for America's Future
The Nation, December 3, 2012











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Arrow 131 replies Author Time Post
Reply K&R if You Agree with Krugman & Howard Dean on the "Fiscal Cliff" (Original post)
Faryn Balyncd Nov 2012 OP
The Magistrate Nov 2012 #1
orpupilofnature57 Nov 2012 #2
FarPoint Nov 2012 #3
DirkGently Nov 2012 #4
Lugnut Nov 2012 #5
myrna minx Nov 2012 #6
Flashmann Nov 2012 #7
lumberjack_jeff Nov 2012 #8
Overseas Nov 2012 #9
JHB Nov 2012 #10
rocktivity Nov 2012 #11
louis c Nov 2012 #12
Snotcicles Nov 2012 #13
muriel_volestrangler Nov 2012 #14
SutaUvaca Nov 2012 #15
smokey nj Nov 2012 #16
forestpath Nov 2012 #17
SoapBox Nov 2012 #18
Scuba Nov 2012 #19
southmost Nov 2012 #26
Iggy Nov 2012 #62
Scuba Nov 2012 #70
Iggy Nov 2012 #72
RC Nov 2012 #77
heaven05 Nov 2012 #121
harun Nov 2012 #20
msongs Nov 2012 #41
bullwinkle428 Nov 2012 #21
Change has come Nov 2012 #22
southmost Nov 2012 #23
hay rick Nov 2012 #24
kartski Nov 2012 #25
UnrepentantLiberal Nov 2012 #27
LineLineReply .
progressoid Nov 2012 #104
Royal Sloan 09 Nov 2012 #28
northoftheborder Nov 2012 #29
Spirochete Nov 2012 #30
ProSense Nov 2012 #31
Fuddnik Nov 2012 #32
Walk away Nov 2012 #33
Brother Buzz Nov 2012 #34
fleur-de-lisa Nov 2012 #35
patrice Nov 2012 #36
ancianita Nov 2012 #37
ProudProgressiveNow Nov 2012 #38
Egalitarian Thug Nov 2012 #39
99Forever Nov 2012 #40
Ed Suspicious Nov 2012 #42
WillyT Nov 2012 #43
Jamaal510 Nov 2012 #44
AnotherMcIntosh Nov 2012 #49
airplaneman Nov 2012 #45
barbtries Nov 2012 #46
yurbud Nov 2012 #47
rzemanfl Nov 2012 #48
xxqqqzme Nov 2012 #50
world wide wally Nov 2012 #51
Malikshah Nov 2012 #52
colsohlibgal Nov 2012 #53
The Wizard Nov 2012 #54
robbob Nov 2012 #55
sabrina 1 Nov 2012 #65
RC Nov 2012 #78
Smilo Nov 2012 #56
reggaehead Nov 2012 #57
AlbertCat Nov 2012 #58
Webster Green Nov 2012 #59
A Little Weird Nov 2012 #60
Live and Learn Nov 2012 #61
DonCoquixote Nov 2012 #63
TheKentuckian Nov 2012 #64
calikid Nov 2012 #66
JDPriestly Nov 2012 #67
allrevvedup Nov 2012 #101
UnrepentantLiberal Nov 2012 #109
Hulk Nov 2012 #68
socialindependocrat Nov 2012 #69
Zorra Nov 2012 #71
PETRUS Nov 2012 #73
mzmolly Nov 2012 #74
upi402 Nov 2012 #76
mzmolly Nov 2012 #80
UnrepentantLiberal Nov 2012 #111
mzmolly Nov 2012 #129
rock Nov 2012 #75
highplainsdem Nov 2012 #79
L0oniX Nov 2012 #81
Duval Nov 2012 #82
Festivito Nov 2012 #83
BobbyBoring Nov 2012 #84
Stevepol Nov 2012 #85
blackspade Nov 2012 #86
scmoore120 Nov 2012 #87
Teamster Jeff Nov 2012 #88
LeftInTX Nov 2012 #89
lsewpershad Nov 2012 #90
Odin2005 Nov 2012 #91
FiveGoodMen Nov 2012 #92
Laelth Nov 2012 #93
Doremus Nov 2012 #94
juajen Nov 2012 #95
veganlush Nov 2012 #96
entanglement Nov 2012 #97
ReRe Nov 2012 #98
dwilso40641 Nov 2012 #99
Jenny_92808 Nov 2012 #100
me b zola Nov 2012 #102
Smickey Nov 2012 #103
AdHocSolver Nov 2012 #105
zentrum Nov 2012 #106
Vestigial_Sister Nov 2012 #107
EmeraldCityGrl Nov 2012 #108
Iggo Nov 2012 #109
HCE SuiGeneris Nov 2012 #112
meegbear Nov 2012 #113
UCmeNdc Nov 2012 #114
drynberg Nov 2012 #115
lonestarnot Nov 2012 #116
hwmnbn Nov 2012 #117
Tutonic Nov 2012 #118
Fumesucker Nov 2012 #119
malthaussen Nov 2012 #120
abelenkpe Nov 2012 #122
riderinthestorm Nov 2012 #123
idwiyo Nov 2012 #124
grahamhgreen Nov 2012 #125
leveymg Nov 2012 #126
grantcart Nov 2012 #127
sendero Nov 2012 #128
shanine Nov 2012 #130
raouldukelives Nov 2012 #131

Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:43 PM

1. Done And Done, Sir

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:47 PM

2. K&R !!!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:47 PM

3. K&R

Yes!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:49 PM

4. KNR

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:52 PM

5. K&R! n/t

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:52 PM

6. Thanks for putting this together. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:57 PM

7. I agree

Enthusiastically.........

Over the cliff and down the RWs throat,til they CHOKE!!!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:58 PM

8. I'm there. n/t

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 12:59 PM

9. K&R. If we really face a Fiscal Cliff, surely now is the time for a tiny transaction tax on Wall

Street trades.

The Too Big To Fail group are also Too Big To Ignore Our Peril and not contribute more.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:00 PM

10. Kickaroonie

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:01 PM

11. Even Laurence O'Donnell has backtracked

now describing it as a fiscal "curb."


rocktivity

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:01 PM

12. Kick in agreement

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:02 PM

13. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:02 PM

14. Are you sure they agree with each other?

Howard Dean thinks it's the best idea floating around. Paul Krugman thinks it's not too bad, and is good enough to be a fallback position, so that President Obama can say "OK, if you don't go for my proposal, we'll just do nothing and implement the 'cliff', and then carry on talking". Krugman also thinks it will be contractionary, because it implements austerity measures, which isn't what he wants, ideally.

Krugman:

In saying this, I donít mean to minimize the very real economic dangers posed by the so-called fiscal cliff that is looming at the end of this year if the two parties canít reach a deal. Both the Bush-era tax cuts and the Obama administrationís payroll tax cut are set to expire, even as automatic spending cuts in defense and elsewhere kick in thanks to the deal struck after the 2011 confrontation over the debt ceiling. And the looming combination of tax increases and spending cuts looks easily large enough to push America back into recession.

Nobody wants to see that happen. Yet it may happen all the same, and Mr. Obama has to be willing to let it happen if necessary.

Why? Because Republicans are trying, for the third time since he took office, to use economic blackmail to achieve a goal they lack the votes to achieve through the normal legislative process. In particular, they want to extend the Bush tax cuts for the wealthy, even though the nation canít afford to make those tax cuts permanent and the public believes that taxes on the rich should go up ó and theyíre threatening to block any deal on anything else unless they get their way. So they are, in effect, threatening to tank the economy unless their demands are met.
...
Itís worth pointing out that the fiscal cliff isnít really a cliff. Itís not like the debt-ceiling confrontation, where terrible things might well have happened right away if the deadline had been missed. This time, nothing very bad will happen to the economy if agreement isnít reached until a few weeks or even a few months into 2013. So thereís time to bargain.


Howard Dean:

So I think we ought to go over the cliff; we ought to bite the bullet; it'll take seven and a half trillion dollars out of our deficit - that's a big number, and there will be sacrifices, but any politician who tells the American people there aren't going to be sacrifices for everybody is a liar.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:03 PM

15. Done. Love me some Krugman. nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:05 PM

16. Kick!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:05 PM

17. K&R

 

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:15 PM

18. Super kick & r

I agree.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:16 PM

19. We don't negotiate with terrorists...

... I'll never support cutting a dime from SS, Medicare or Medicaid while the top tax rate (payroll and cap gains) is under 45%.

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Response to Scuba (Reply #19)

Thu Nov 22, 2012, 01:33 PM

26. +zillion

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Response to Scuba (Reply #19)

Thu Nov 22, 2012, 03:02 PM

62. Then I Guess You're About to Have a Problem with

 

numerous Dems in congress who agree "something must be done about 'entitlements'".

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Response to Iggy (Reply #62)

Thu Nov 22, 2012, 03:48 PM

70. Yes, I have a major problem with DINO's.

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Response to Scuba (Reply #70)

Thu Nov 22, 2012, 03:56 PM

72. WHY are they still in office?

 

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Response to Iggy (Reply #72)

Thu Nov 22, 2012, 04:38 PM

77. Because too many people do not make a distinction between Liberal/Progressive and DINO

 

They see the (D) and think Not (R). Too often the are still wrong.

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Response to Iggy (Reply #62)

Fri Nov 23, 2012, 10:34 AM

121. big

problem with the blue dog/conservative democratic traitors/fellow travelers of the Republican/tea party ideology. They helped the rethugs thwart everything that Obama did first term, excepting ACA. Yeah you're right, I got it in for them. Snakes traitors. I hate a traitor.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:19 PM

20. Only way we get anything is if we threaten to go over the cliff. Obama has never

done that.

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Response to harun (Reply #20)

Thu Nov 22, 2012, 02:05 PM

41. lol obama is not "wedded" to his own opening positions. can he go on vacation til Jan? nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:20 PM

21. A Happy Thanksgiving K & R for this one!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:21 PM

22. K & R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:32 PM

23. kickety kick

rec'd

let the tax cuts expire!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:32 PM

24. Borosage article is a good summary of the case against austerity.

His concluding paragraph:

We are headed into a new era of upheaval. Our money-soaked politics may suffocate growing demands for change. But if Democratic legislators join the president in a grand betrayal, they may witness a powerful Tea Party movement from the left, as Republican legislators have from the right.

K&R.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:32 PM

25. KnR

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:36 PM

27. Why am I not surprised by who kicked this...

 

and who didn't?

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Response to UnrepentantLiberal (Reply #27)

Fri Nov 23, 2012, 02:05 AM

104. .

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:40 PM

28. Kickin-N-Reccin'

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:41 PM

29. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:45 PM

30. KNR

Back to the top you go

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:46 PM

31. If everyone agrees,

let's do it.

Patty Murray: If GOP Refuses All Tax Hikes, Weíll Let Them Go Up And Start Over
http://www.democraticunderground.com/10021791837

Treasury Secretary Calls For Abolishing The Debt Ceiling
http://thinkprogress.org/economy/2012/11/19/1212691/geithner-abolish-debt-ceiling/

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:46 PM

32. Kick and Rec!

Fiscal cliff is nothing but a focus group tested slogan to scare people.


We need a Fiscal Noose to use on anyone who supports this shit.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:47 PM

33. I'm Ready! Let's go!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:51 PM

34. The curb only becomes a cliff when the pubs frame the debate

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:53 PM

35. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:54 PM

36. K&R + Robert Reich, "Why we should stop obsessing about the Federal budget deficit" link:

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:56 PM

37. K & R. We're not crossing no damn aisle no damn more.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:56 PM

38. K&R nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 01:58 PM

39. K&R. n/t

 

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:02 PM

40. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:05 PM

42. ...

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:06 PM

43. HUGE K & R !!! - Thank You !!!




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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:07 PM

44. Bernie Sanders said it best; "no deal is better than a bad deal."

Now we just wait and see what happens. I doubt Boehner will get "98% of what I wanted" this time.

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Response to Jamaal510 (Reply #44)

Thu Nov 22, 2012, 02:28 PM

49. 100%

 

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:08 PM

45. The fiscal cliff hoax and the debt hoax

The debt hoax - the 16 trillion debt is why there are not enough jobs.
Reality - if the dept went to zero tomorrow it would have no impact on the employment situation.
The fiscal cliff hoax - again this will destroy jobs.
Reality - a more equitable tax system improves the job situation.
-Airplane

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:14 PM

46. knr nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:25 PM

47. it's time to stop letting the GOP and their wealthy crybaby owners frame the debate about anything

The Republican Party has decomposed from Bernie in WEEKEND AT BERNIE'S to month old roadkill no longer distinguishable as a dog, cat, or possum.

That makes it even more frustrating that top Dems are pretending the splattered bits of gristle, fur, and bone are twisting their arm.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:27 PM

48. K & R.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:28 PM

50. There is always pundit

talk of Obama playing chess while his obstructionists are playing checkers...well, break out the cards and chips. Time to call their bluff. The people know what the rethugs are doing - which is why they LOST 2 weeks ago.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:28 PM

51. Theres no way we could lose this hand if this was poker and we were willing to place the bet...

"All in on the fiscal cliff"

Bet the farm!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:32 PM

52. I'm in the car with Thelma, Louise and Hal Sparks is Driving!!!

Yippee kay-yay mutha-f$#&ers!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:37 PM

53. K&R!

No GB!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:37 PM

54. k&r

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:37 PM

55. I've said it before

...and I'll say it again; why can't we let ALL tax cuts expire, then introduce a bill to restore tax cuts to the middle and lower classes? Let the GOP block tax relief for the middle class, see how THAT plays out with their constituents.

Am I missing something here? It seems like an easy fix?

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Response to robbob (Reply #55)

Thu Nov 22, 2012, 03:08 PM

65. They could. You're not missing anything imo.

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Response to robbob (Reply #55)

Thu Nov 22, 2012, 04:48 PM

78. That is the way this should be played.

 

Real poker. Too bad it won't happen.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:40 PM

56. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:50 PM

57. You say fiscal cliff

I say double gainer

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:50 PM

58. I mean really!....

Since when was a series of steps a cliff?

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:50 PM

59. K&R!

Right on!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:52 PM

60. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 02:54 PM

61. K&R nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:05 PM

63. K and R

Let the GOP choke down it's own meds, and die of them in 2014, that way we can finally get to work.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:07 PM

64. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:16 PM

66. K&R n/t

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:18 PM

67. What would going over the fiscal cliff mean for the poor, for children

and for the elderly?

As long as it won't hurt those who have no financial resources outside their government assistance, I would like to see them allow the tax cuts to expire provided they bring back the tax cuts for the middle class next year.

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Response to JDPriestly (Reply #67)

Fri Nov 23, 2012, 12:54 AM

101. That's where it gets sticky.

 

Very happy to rec this post but I wonder if it might be better to kick the can down the road another six months than abruptly terminate safety net programs in the dead of winter. But if some form of interim alternative funding can be secured for anyone relying on the federal extended unemployment benefit I'm all for going over the cliff, if necessary.

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Response to allrevvedup (Reply #101)

Fri Nov 23, 2012, 04:06 AM

109. In other words:

 

You'd rather let the bully beat you up for six more months than stand up to him and fight back.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:18 PM

68. K&R

Point taken!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:36 PM

69. K&R n/t

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:49 PM

71. k&R nt

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 03:57 PM

73. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 04:11 PM

74. Dean is saying that we'll agree to cut

Last edited Thu Nov 22, 2012, 05:07 PM - Edit history (1)

our own "pet" programs in order to cut defense etc. I hope all here realize that?

I respect the man and his opinion, as always.

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Response to mzmolly (Reply #74)

Thu Nov 22, 2012, 04:32 PM

76. Dean made a funny noise

"unforgivable" on CNN

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Response to upi402 (Reply #76)

Thu Nov 22, 2012, 05:08 PM

80. Yep. Unforgivable!

Especially after the repeated sound enhanced replays.

YEARGH!

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Response to mzmolly (Reply #74)

Fri Nov 23, 2012, 04:10 AM

111. Howard Dean is not a liberal

 

and never has been.

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Response to UnrepentantLiberal (Reply #111)

Fri Nov 23, 2012, 03:15 PM

129. Who gets to make these decisions?

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 04:30 PM

75. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 05:01 PM

79. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 05:18 PM

81. K & R ...IMO this is a form of trumped up disaster economics.

Question is ...who will profit from it ...and there is where you will find the greedy power hungry predators.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 05:19 PM

82. K&R n/t

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 05:31 PM

83. It's better than what the Republicans will let us have.

So let's take it.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 06:14 PM

84. K + R!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 07:37 PM

85. K&R!!!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 07:46 PM

86. Kickity kick!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 07:51 PM

87. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 07:52 PM

88. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 08:20 PM

89. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 08:32 PM

90. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 08:35 PM

91. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 08:36 PM

92. K&R!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 08:50 PM

93. k&r n/t

-Laelth

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 09:09 PM

94. K&R

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 09:33 PM

95. Yep, I totally agree. Drive over the damn cliff!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 10:15 PM

96. Kay

and Arrrh!

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 10:25 PM

97. The goal of the Plutocracy (and its lackeys) is to use this faux "crisis" to force their poisonous

agenda of cuts down the throats of an unsuspecting populace. These creeps hate even the feeble and inadequate social safety nets we have in place today.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 10:41 PM

98. K&R

+1000

Let's not make a deal to drive over their imaginary fiscal cliff which in reality is a grand betrayal,
and say we did.

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Response to Faryn Balyncd (Original post)

Thu Nov 22, 2012, 11:19 PM

99. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:01 AM

100. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:58 AM

102. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 01:15 AM

103. K&R n/t

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 02:16 AM

105. Not only is the "fiscal cliff" a hoax, the Tea Party solution would create an economic disaster.

The Federal deficit is not the problem. The problem is a revenue deficit. Cutting taxes for the rich and the corporations will exacerbate the revenue deficit.

Cutting spending will NOT reduce the deficit. In fact, cutting spending will increase the deficit because jobs will be lost reducing tax revenue still further.

All economies are demand driven. Reducing money for the middle class, the working poor, and those who depend on the social safety nets such as Social Security, Medicare, and Medicaid, whose spending helps drive the economy, will further shrink the economy and increase the deficit. At the same time, the wealthy are just "money hoarders" extracting wealth from the economy, just as leeches suck blood from their victims.

The major problem with the U.S. economy is not the Federal deficit, but the trade deficit. Bring jobs that have been offshored back to the U.S. (by rewriting the tax code and renegotiating trade agreements to reduce the unfair competitive advantage given to outsourcers) and many of our economic problems will be corrected.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 02:59 AM

106. K and R 1000!

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 03:16 AM

107. Qay & Arrrr

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 03:28 AM

108. K&R

White House Comment Line 202-456-1111 In case you want to leave comments supporting this position.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 04:06 AM

109. Auto-Unrec for 'K&R if..." thread.

I do agree with Krugman and Dean, though.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 04:41 AM

112. K & R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 06:59 AM

113. I agree with Krugman and Borasage

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 08:03 AM

114. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 08:22 AM

115. We ain't afraid of no stinkin' CLIFF

After all, it beats the hell outta givin' in to those RW crazy demands that are not based on what's best for our Nation, only the Fat Ass Cats that gave millions and billions to the pols. As "W" so memorably said, "Bring 'em on!", cept we mean it.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 09:03 AM

116. K & R!

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 09:17 AM

117. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 09:51 AM

118. K & R

n/t

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 09:54 AM

119. K&R For Thelma & Louise

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 09:59 AM

120. We are the chorus and we agree...

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 10:57 AM

122. K&R nt

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 11:05 AM

123. Yes, yes, yes and yes to all 4 of these!! Big K&R nt

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 11:56 AM

124. K&R

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:06 PM

125. Will this help us win House seats in 2014?

I believe it will.

Once the 'mandatory reductions' kick in, we can introduce bills to help the unemployed and cut middle class taxes, and paint the R's as elitist a as they fight against them.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:10 PM

126. KNR. No Grand Bargain at the expense of the elderly and most vulnerable Americans.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:17 PM

127. Me too

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 12:51 PM

128. I just hope...

.. Obama sticks to his guns on this. He needs to just draw the line in the sand and if the pukes want to drive over the cliff, let 'em.

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Response to Faryn Balyncd (Original post)

Fri Nov 23, 2012, 04:12 PM

130. K & R

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Response to Faryn Balyncd (Original post)

Sat Nov 24, 2012, 12:34 AM

131. K&R nt

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