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The gop was threatening a filibuster on both unemployment benefits and tax cuts for all Americans. They could have allowed the tax cuts to sunset but Democrats wanted an UB extension.
Sorry, all of America now knows why the wealthy are getting tax cuts from the gop.
All the Dems had to do was convince, what, 3 GOP senators to go along with them? But it was not the GOP, it was Dems themselves that have had enough of Obama/Pelosi/Reid and their radical agenda.
keep repeating yourself... you still don't know what you're talking about.
F-I-L-I-B-U-S-T-E-R
it doesn't get to the floor without 60 votes.
want to try to recalculate?
that said, he should have made the rightwingnuts look like what they are instead of giving in without so much as a pretense at a fight.
Deflection. Evasion.
If you're concerned about deficits, why weren't you screaming when Obama was spending trillions on waste and fraud.
There is no such thing as "well spent" when it comes to the government.
Its not me whose been telling people that stimulus money was a mistake, its been you.
It is also not me who claimed that extending taxbreaks would be good for the economy, either.
I was bitching about the fact that those tax breaks were being paid for by borrowing money, however.
So let me ask you again...are you happy that in order for us to give unemplyment cecks we have to borrow still more money?
I can tell you that I am happy that we've extended unemployment even though I am not happy that we've got to borrow to do so.
And are you satisfied that we will ALSO be borrowing more money so that billionaires can continue not to pay those additional taxes?
Simply questions, really.
Why won't you answer them, Rab?
A simple yes or no will do, but naturally I hope that you'll amplify your answers with explanations for why you feel that way, too.
Jesus for the last time cuts cost nothing, spending is the cost. Freakin tax braks, my only concern is that congress gets to keep spending a billion a year on perks.
BTW the cuts should go forward to force the governments hand in spending. Just think whether dems or repubs lead. The deficit will remain about a trillion a year.
Yahoo a countdown to collapse.
They had to include gop tax cuts for the rich in order to get Dem unemployment benefits and a lousy 2% tax cut for middle America.
That is how this deal will be perceived and really, perception is everything.
In this case perception happens, I think, to mirror reality.
Obama faced either cutting off unemployment, and not extrending on tax breaks for billionaires, or folding to help out nearly 2,000,000 American families whose suffering would have started THIS MONTH.
And that needs to be played up come next election cycle....makes one wonder who fell into who's trap politically.
maybe you are not aware of what most Americans think aboout these tax cuts for the wealthy
While I agree, the alternative to not passing the extension would have been worse. The average family would lose about $500/mo. That's a lot.My quick assessment: Too Little Too Late.
A two year extension is not long enough to instill sufficient business confidence to expand payrolls; and the inflationary impact of the Fed's monetary policy (for the first holiday season in history, gasoline is expected to be above $3 nationwide) will gobble up the lower taxes and/or consumers will use the taxes to save or pay off debts.
Four legs are needed for economic recover:
- Low and fair taxes
- Decreased spending to match tax receipts
- Sound monetary policy
- Rule of law with regulations within the law
maybe you are not aware of what most Americans think aboout these tax cuts for the wealthy
Maybe you are not aware of what most Americans thought of the Democratic Party in the last election.
While I agree, the alternative to not passing the extension would have been worse. The average family would lose about $500/mo. That's a lot.My quick assessment: Too Little Too Late.
A two year extension is not long enough to instill sufficient business confidence to expand payrolls; and the inflationary impact of the Fed's monetary policy (for the first holiday season in history, gasoline is expected to be above $3 nationwide) will gobble up the lower taxes and/or consumers will use the taxes to save or pay off debts.
Four legs are needed for economic recover:
- Low and fair taxes
- Decreased spending to match tax receipts
- Sound monetary policy
- Rule of law with regulations within the law
While I agree, the alternative to not passing the extension would have been worse. The average family would lose about $500/mo. That's a lot.My quick assessment: Too Little Too Late.
A two year extension is not long enough to instill sufficient business confidence to expand payrolls; and the inflationary impact of the Fed's monetary policy (for the first holiday season in history, gasoline is expected to be above $3 nationwide) will gobble up the lower taxes and/or consumers will use the taxes to save or pay off debts.
Four legs are needed for economic recover:
- Low and fair taxes
- Decreased spending to match tax receipts
- Sound monetary policy
- Rule of law with regulations within the law
It's a step in the right direction. But it is not a full solution to the economic morass.
So they arrived at a compromise, did they?
The rich won, the unemployed won and Obama lost?
Seems to me if you're truly somebody who is really a fiscal conservative that believes the national debt is a problem, then it's America which really lost.
Where were you complaining about the national debt when Obama was spending trillions on stimulus programs that have obviously failed?
You're evading the issue, lad.
Remember that I think that stimulus money welll spent IS a good idea.
Recall that most of my objections to OBAMA have to do with how badly that stimulus money was spent.... not that it WAS spent
It YOU who objects to all stimulus programs based on your POV about macro-economics.
So this compromise ought to piss you off on TWO fronts IF you're truly concerned with the national debt.
Are you truly concerned about that national debt?
Unemployment Benefits are meant to run out. You're not supposed to be on Unemployment forever. There is a limit. 2yrs. is enough time to have found a job. I've heard all the excuses,but 2yrs. really is enough time. Extending these Unemployment Benefits is going to cost Billions & Billions In Tax Dollars. I'm not sure these Tax Cuts will mean much at the end of the day. The spending is still way out of control. This deal will likely be a Net-Loss for Americans in the end. But hey,the People supposedly wanted Bipartisanship. Well here's your Bipartisanship. Enjoy.
Dumb broad. All they had to do was convince 3 GOP senators to go along with them and there could be no filibuster. How hard is that? Snowe, Collins, McCain, Hagel--all of them have a history of voting with the Dums.
But nice to see you are all in favor of bipartisanship and working for the good of the country.
Loon.
So they arrived at a compromise, did they?
The rich won, the unemployed won and Obama lost?
Seems to me if you're truly somebody who is really a fiscal conservative that believes the national debt is a problem, then it's America which really lost.
maybe you are not aware of what most Americans think aboout these tax cuts for the wealthy
Maybe you are not aware of what most Americans thought of the Democratic Party in the last election.
