Dems call for new spending in debt deal- Stim II only this time, they mean it!

Discussion in 'Congress' started by Trajan, Jun 22, 2011.

  1. Trajan
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    Trajan conscientia mille testes

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    uhmmmmm what? they spent before they cut it or they cut it before they spent it....wtf? :eusa_eh:


    look, seriously, have they no other ideas...none?

    burnbank also, basically threw up his hands, hes out of tricks ( I still will wager on QE 3 by october).



    Democrats call for new spending in debt deal

    WASHINGTON (Reuters) – Democratic leaders called on Wednesday for additional spending to boost the sluggish U.S. economy, setting up a fresh hurdle for bipartisan efforts in Washington to head off a government debt default this summer.

    Democrats' demand for new stimulus spending is at odds with the work of negotiators, led by Vice President Joe Biden, who are trying to find trillions of dollars in savings as part of a deal that would allow Congress to sign off on new government borrowing before the U.S. runs out of money to pay its bills.

    Those talks, which resumed on Wednesday, have largely focused on spending cuts over the next 10 years. Senate Democrats want the deal to include more money for highway construction, a payroll tax cut and clean-energy subsidies to bring down the 9.1 percent unemployment rate.

    "Get the recovery right before you get in this deficit-cutting mode," Assistant Senate Democratic Leader Dick Durbin told reporters. "Get people back to work. Let's start moving in that direction."

    Republicans, who favor deep spending cuts, said that idea was not likely to go far in the Biden-led talks.


    "They're not talking about spending money in there. That's not what they're trying to do," said Ryan Patmintra, spokesman for Senator Jon Kyl, one of two Republicans participating in the talks. Many Republicans view President Barack Obama's 2009 stimulus package as an $830 billion failure.

    But as negotiators met for the second day this week, Federal Reserve Chairman Ben Bernanke called into question a key part of the Republican approach for healing the economy.

    "I don't think that sharp, immediate cuts in the deficit would create more jobs," Bernanke told reporters. "In the short run ... fiscal tightening is at best neutral and probably somewhat negative for job creation," he added.

    more at-

    Democrats call for new spending in debt deal - Yahoo! News
     
    Last edited: Jun 22, 2011
  2. Oddball
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    Oddball BANNED Supporting Member

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    Leave it to old Baghdad Ben to muddy the waters with another dump truck load of BS.

    Sheeeeeesh!
     
  3. daveman
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    daveman Diamond Member

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    "No, it'll work this time! Honest! No, really!"

    [​IMG]
     
  4. Rozman
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    Rozman Gold Member Supporting Member

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    They are not happy unless they are spending or thinking about spending.Just as long as they keep promising people stuff so in turn they will be re elected.
     
  5. daveman
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    daveman Diamond Member

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    And that's all it is, really. They're selling out the nation's future for short-term political gain.

    Disgusting.
     
  6. oreo
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    oreo Gold Member Supporting Member

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    It should be obvious to everyone now.

    No one can BORROW and SPEND their way to PROSPERITY. Been there--done that--and we're an additional 1 trillion in the hole over it.
     
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  7. Avorysuds
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    Avorysuds Gold Member

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    And if it does not work will everyone that supported the bill resign?
     
  8. theHawk
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    theHawk Registered Conservative

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    This is just proof that the far left which has highjacked the Democrat Party is hell bent on destroying our country. There is absolutely no other reason a sane person would favor continuing the same failed policies over and over and over...and over...
     
  9. editec
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    editec Mr. Forgot-it-All

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    A stimulus DESIGNED to create jobs might be helpful if it is well designed for that purpose.

    Another stimulus that is NOT designed to create jobs, of course, will do nothing but make some polticial cronnies wealthier and leave the US taxpayers with still more debt.
     
  10. Jroc
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    Jroc יעקב כהן Supporting Member

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    The Dems are digging their hole even deeper with stupidity like this, What a bunch of clueless idiots they are.
     

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