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


To: Steve Lokness who wrote (178295)12/30/2011 1:56:35 AM
From: bentway  Read Replies (1) | Respond to of 543015
 
I'd remember that Obama proposed PAYING for the SS tax cut with a surtax on millionaires and wealthier, but the (R)'s wouldn't have it.



To: Steve Lokness who wrote (178295)12/30/2011 12:39:44 PM
From: JohnM  Read Replies (1) | Respond to of 543015
 
Two quick replies, Steve, but we are clearly at one of those points at which we'll have to agree to disagree.

1. Our disagreement between whether the payroll tax cut represents a large policy change or a small one is one I don't see any way for us to settle. We've each made our points. I'm willing to believe the assertion that the amount is insignificant in the overall picture. I'm also willing to accept the notion that patching the short fall with general revenue doesn't represent a significant policy change.

I'm not happy about this but see it as a tradeoff between keeping us from sliding down the economic depression cliff and the problems above. The better alternatives are to have had a larger stimulus in infrastructure and to have added to that as more problems surfaced. But the Republicans blocked those paths so this one became necessary.

2. As for the Washington Post point, I assume that's from their editorial page, I would have to read the full editorial, but that particular group is not a reliable pundit group to me. I have to dig around in their arguments. But they've been so egregiously wrong on so many things lately, that I'm loath to even make the effort.

That's my position and I'm sticking to it. ;-)