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

To: KyrosL who wrote (151941)	12/10/2010 3:24:06 PM
From: Steve Lokness	Respond to of 542904

It focuses attention on the debt commission recommendations. Well that's a good point and if it indeed does that, it could be I suppose a positive. I'm less optimistic though. Will unemployment be down to 4 or 5 percent in two years? I would bet money it won't be so we will still be needing more stimulus - according top some.

To: KyrosL who wrote (151941)	12/10/2010 3:49:14 PM
From: Wharf Rat	Read Replies (2) \| Respond to of 542904

"Since the tax cuts are now temporary" until '12, when they will be extended for at least another 2 years. Cutting taxes by 180B or whatever to balance the budget and fixing SS for the next 75 years by dropping taxes 2% shows that Obama didn't have the math skills to get into med school, and became a lawyer instead. Especially when 2% = a 33% drop in receipts; Obamathematics? lowering Social Security taxes for most Americans to 4.2% from 6.2% online.wsj.com