On Economic Front: Obama To Go Over The Heads of Congress

Discussion in 'Economy' started by Dante, Nov 11, 2012.

  1. Dante
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    Dante On leave Supporting Member

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    On Economic Front: Obama To Go Over The Heads of Congress

    Very Bad News On Economic Front For GOP Who Want To Punish Americans For Voting For Obama Twice


    And he's going to have those job creators he's supposed to hate, on his side. Imagine that? :eusa_clap: The next four years are going to be so much fun. Watch as the 1990s get repeated again, when in 1996, 1998, and 2000, Republicans lost Congressional seats. :clap2:

     
    Last edited: Nov 12, 2012
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    There aren't gonna' be any spending cuts. Just a shell game that will fool some of the people.

    There WILL most definitely be Tax Increases though.
     
  3. Dante
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    Dante On leave Supporting Member

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    yeah your last prediction was a Romney/Ryan landslide

    :eusa_clap:
     
  4. Staidhup
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    Staidhup Gold Member Supporting Member

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    The Tax cuts passed by both party's 12 years ago will expire. Cuts will come from defense not entitlements. Unfunded liabilities will continue to increase. Discretionary spending will remain a scared cow, untouched. Means testing will be adopted, Tax rates will increase, the tax base will be broadened to encompass those earning $48,000 plus. The mandatory February cuts will be circumvented, the debt ceiling will be increased, QE 3 will continue, interest rates will begin to rise. America will slip back into a recession during the second quarter. regardless of who was elected the clock is ticking and elected officials continue to abdicate their fiscal responsibility in the name of politics.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says dey better not mess with her social security...
    :eusa_eh:
    ‘We’re Not Budging’ on Entitlement Cuts in Fiscal Cliff Deal
    December 11, 2012 – Senior House and Senate Democrats said that they were opposed to any fiscal cliff deal that would cut Medicare or Medicaid, telling the White House and House Republicans they opposed any plan that would cut federal health care programs.
    See also:

    Obama in 2008: ‘We’re Going to Have to Take On Entitlements – I’d Like to Do It in My First Term’
    December 10, 2012 – As a candidate for president in 2008, Barack Obama said he would like to address entitlement reform during his first term in office.

     
  6. Dante
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    Dante On leave Supporting Member

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    seems to be working

    :eusa_shhh:
     
  7. uscitizen
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    uscitizen Senior Member

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    A lawnmower blade would go over the heads of most in congress.
    Snakes only get it when they raise up.
     
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  8. Rshermr
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    Rshermr VIP Member

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    Thanks for your really, really profound opinion. Dipshit.
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Remember when Reagan did that?

    Yeah, me neither
     
  10. Rshermr
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    Rshermr VIP Member

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    Yeah. Your hero, Reagan, would never, ever use reconciliation. Just would not do it. Well, maybe once:
    "The Omnibus Budget Reconciliation Act of 1981 (OBRA 1981 or Gramm-Latta II) and the Economic Recovery Tax Act of 1981 (ERTA 1981 or the Kemp-Roth Tax Cut) comprised the first budget of the administration of Ronald Reagan (for FY82). Together the two bills established Reagan's fiscal priorities as tax cuts, reductions in domestic discretionary spending, and increased military spending. OBRA 1981 was passed using the reconciliation process"
    1981 Omnibus Budget Reconciliation Act - Timeline - Slaying the Dragon of Debt - Regional Oral History Office - University of California, Berkeley

    Well, I am sure your hero would never do that again. You are wrong about it already, but if he did it multiple times, you would be totally wrong. Out of touch with reality wrong.
    But, how can this be, Crusader. Can you be that wrong. It turns out Reagan used reconciliation FOUR times. FOUR. More than any other president to this time. Guess you must have just been kidding, eh, Crusader.
    Great Grand-Daddy of Reconciliation | Talking Points Memo
     
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