That sounds like a good plan to me Judah! People seem to be too quick to scream "don't blame Bush" on a lot of issues that stem directly from actions his administration took, yet were quick to take credit for things that had nothing to do with what he did while he was in office.
Eric -----Original Message----- From: Judah McAuley [mailto:ju...@wiredotter.com] Sent: Tuesday, July 06, 2010 12:04 PM To: cf-community Subject: Re: Ummm, about that budget . . . Are you talking about the stimulus plan? It was watered down, significantly, in Congressional negotiations and then still didn't attract many votes from people who forced concessions. It did pretty much what Krugman (and others) argued it would, it stopped the free fall but wasn't big enough to substantially move things in a new direction. I give them credit for arresting the bleeding and moving things in the right direction but the lack of political will to take the steps necessary to actually push things forward and bring down the unemployment rate is pretty pathetic. As for the debt argument, it is bogus. The largest contributions to the debt, going forward, are war expenditures, decreased tax collections due to economic downturn and the tax cuts put in place during the Bush administration. If you'd like to see a graph: http://www.cbpp.org/cms/index.cfm?fa=view&id=3036 Maybe we can find a middle ground on tax issues. Let's reset tax rates to what they were in, say, 1982 after Reagan put the first major tax overhaul in place. Then let's get rid of one war and follow the DoD's recommendations for cutting weapons systems and closing bases. I suspect that if you do those two things, most of the deficit concern will be gone. There is still economic growth to be considered and lowering the unemployment rate though. And, as any economist will tell you, the primary motivator that is consumer demand. Judah On Tue, Jul 6, 2010 at 9:27 AM, Robert Munn <cfmuns...@gmail.com> wrote: > > The President's plan has failed to bring down unemployment and restart > economic growth, and it has added an obscene amount of money to our > debt. Republicans see that failure as a demonstration of the > President's lack of competence in economic matters and his general > hostility to private enterprise. > > On Tue, Jul 6, 2010 at 9:14 AM, Sisk, Kris <ks...@gckschools.com> wrote: >> >> That to me indicates that BOTH parties need to be demonized. >> >> Basically what you're saying is that because the Republicans won't let >> the Dems do what they want they're justified in passing a VERY wrong >> piece of legislation. What I see is two parties that are so caught up in >> pushing their own agendas and fighting with each other that they've >> forgotten to do their job. And no, saying they can spend money without a >> budget does not qualify as doing their job. It qualifies as massively >> irresponsible no matter what the motivation behind it. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:322555 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
