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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (149745)	11/12/2010 10:14:52 AM
From: Wharf Rat	Read Replies (4) \| Respond to of 541604

Maybe he made bad appointments. He'd have done better with a committee chaired by the last person to balance it, and consisting of just Chairman Bill Clinton. Or Kevin Drum , with his SS fix. Message 26675153 Doesn't take changing rates, changing COLA calculations, changing retirement ages, and all. Just takes taxing LeBron James on all his income, not just the first 1%. They taxed me on all my income. Why not him? Removing the cap is a 75 year fix.

To: Dale Baker who wrote (149745)	11/12/2010 12:19:38 PM
From: JohnM	Read Replies (1) \| Respond to of 541604

By putting deep spending cuts and substantial tax increases on the table, President Obama’s bipartisan debt-reduction commission has exposed fissures in both parties, underscoring the volatile nature and long odds of any attempt to address the nation’s long-term budget problems. Jackie Calmes did that several times in the lead to this story in the NYTimes yesterday. Made the mistake of saying this was a report of the commission rather than of its co-chairs, speaking for themselves. Then buried in the story, she would flip back and forth between "panel reports" and "co-chairs" report. I'm still making up my mind on Bowles' and Simpson's ideas here. If nobody posts the Krugman column today, which is about the report, I'll post it once I catch up. He makes some points that I want to read more about later, particularly should it get the 14 votes in the commission. Or look as if it might get a bit of political traction.