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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (125552)3/20/2012 11:37:33 AM
From: locogringo2 Recommendations  Read Replies (1) of 224724
 
Obama proposed big spending cuts and tax hikes. Boehner and Republicans said no.


Bad Meme Rising: The Washington Post is out with a long, reported tick tock on the failed “grand bargain” deficit cutting negotiations of last summer. It’s hard to read and not reach one conclusion: Obama blew it.

According to the Post, the two sides (Obama and Boehner) were close to a deal. Then Obama foolishly trumpeted a “Gang of Six” proposal that had a much higher tax number, which had the effect of making the deal look small. ** He then demanded a 50% increase ($400 billion) in new revenues. When the talks then blew up, he tried to get his old deal back, but it was too late.

Read more: dailycaller.com
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