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earthside

(6,960 posts)
2. 'Fell'
Wed Jun 6, 2012, 11:19 AM
Jun 2012

Unfortunately, I think the Democrats are already mired in the trap.

And, unfortunately, I think the trap was sprung and closed when Pres. Obama agreed to extending all of the Bush tax cuts.

Sadly, I just don't think Pres. Obama is the leader to actually propose and fight for the kinds of things that would get us out of this trap: (1) propose real progressive income tax rates; (2) propose a dramatic restructuring of federal budget priorities and cut military-national security spending in half; (3) have the Treasury directly 'print' money bypassing the Federal Reserve; (4) break-up the mega-transnational banks and investment firms -- all to the point of using the money and power to stimulate demand and get us out of this recession.

So, Karl Rove and the other super PACs are going to choke us with this debt propaganda from now until November ... and as we just saw in the Wisconsin results yesterday, people can indeed be persuaded to vote against their own best interests when there are enough ads on TV, the internet and in direct mail.

Just let the Bush tax cuts expire...don't make any exceptions...everyone must sacrifice! rfranklin Jun 2012 #1
'Fell' earthside Jun 2012 #2
Ron Reagan just made the point on MSNBC... kentuck Jun 2012 #4
I think our expensive wars have really hurt us financially. Mayflower1 Jun 2012 #3
That's a big part of the debt. kentuck Jun 2012 #5
Starve the Beast Sekhmets Daughter Jun 2012 #21
True. kentuck Jun 2012 #23
Perhaps the best way to save the nation Sekhmets Daughter Jun 2012 #45
The Democratic party Harmony Blue Jun 2012 #6
That is the key. kentuck Jun 2012 #7
Well they need not make the same mistake twice! Harmony Blue Jun 2012 #9
I would agree. kentuck Jun 2012 #17
The last Democrat to show political courage Sekhmets Daughter Jun 2012 #22
Along with a massive cut in defense Dokkie Jun 2012 #36
Everyone would NOT have to tighten their belts. Pab Sungenis Jun 2012 #8
Perhaps you are right? kentuck Jun 2012 #10
Look at 1993 through 2001. Pab Sungenis Jun 2012 #12
But not under our present tax system... kentuck Jun 2012 #14
Again, that's my point. Pab Sungenis Jun 2012 #15
Sorry for the misunderstanding... kentuck Jun 2012 #16
No harm done. Pab Sungenis Jun 2012 #56
Good comment. nm rhett o rick Jun 2012 #33
Sorry but Sekhmets Daughter Jun 2012 #24
Do you really have hope that our elected "Democrats" will do shit to help us? MoonRiver Jun 2012 #11
Watch out, language like that will bring down the wrath of the DU Neighborhood Watch. rhett o rick Jun 2012 #34
And I have my running shoes on! MoonRiver Jun 2012 #35
Just be careful standing your ground. nm rhett o rick Jun 2012 #40
No problem, I run! MoonRiver Jun 2012 #46
Wise. nm rhett o rick Jun 2012 #49
FWIW, folks like Krugman have been saying this for years Blue_Tires Jun 2012 #13
I often don't agree with Krugman Harmony Blue Jun 2012 #25
The way out is to let all the tax increases and spending cuts take effect at the end of the year FarCenter Jun 2012 #18
That would be a good start... kentuck Jun 2012 #19
YOU ARE sooooooo right! jpbollma Jun 2012 #20
Let us get to 39% and we can slowly start talking about rolling back the Reagan tax-cuts. Chan790 Jun 2012 #28
In effect... kentuck Jun 2012 #30
Even Romney Sekhmets Daughter Jun 2012 #26
Yes, the austerity of spending cuts must end.. kentuck Jun 2012 #27
The spending cuts in 2013 would be only $110 billion FarCenter Jun 2012 #29
I think there is zero chance Sekhmets Daughter Jun 2012 #31
One thing I would not want to see... kentuck Jun 2012 #32
Agreed. But Sekhmets Daughter Jun 2012 #43
You actually support the fiscal cliff? girl gone mad Jun 2012 #38
If the federal government didn't need to borrow in order to spend, the debt limit wouldn't matter FarCenter Jun 2012 #41
True, however Sekhmets Daughter Jun 2012 #44
Democrats need to just shut up about deficits. girl gone mad Jun 2012 #37
I disagree... kentuck Jun 2012 #42
I can hardly imagine anything more powerful Mairead Jun 2012 #39
In my opinion, respectfully, that's a load of crap. jtuck004 Jun 2012 #47
With equal respect... kentuck Jun 2012 #48
BHO does not equal FDR - lol. No kidding. To your other point, maybe the thugs are successful jtuck004 Jun 2012 #50
I'm not sure you got the main gist of my post? kentuck Jun 2012 #51
Change the frame, ala Lakoff. Make it about growth and investment. jtuck004 Jun 2012 #54
National debt is not a problem, interest rates are low. The trap is bigger. Festivito Jun 2012 #52
It is a "political" problem for the Democrats... kentuck Jun 2012 #53
I still think the derivative problem will be the bigger political problem. But, ... Festivito Jun 2012 #55
Absolutely. "Debt" is an illusion considering the banks' theft of TRILLIONS of our dollars, Fire Walk With Me Jun 2012 #57
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