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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (129042)	4/5/2012 1:12:16 PM
From: tonto	4 Recommendations Read Replies (1) \| Respond to of 224858

That is absolutely insane...

To: Kenneth E. Phillipps who wrote (129042)	4/5/2012 10:10:51 PM
From: Paul V.	Read Replies (1) \| Respond to of 224858

Kenneth, Don’t Worry About Deficit That Will Heal Itself Federal Reserve Chairman Ben S. Bernanke calls the end of 2012 “a fiscal cliff.” The Bush tax cuts are set to expire. The $1.2 trillion spending sequester, enforcing cuts in the defense and domestic budgets, is set to go off. Various stimulus measures -- including the payroll tax cut -- are scheduled to end. “Taken together,” writes the Committee for a Responsible Federal Budget, “these policies would reduce ten-year deficits by over $6.8 trillion relative to realistic current policy projections -- enough to put the debt on a sharp downward path.” The conservatives on this site do not realize that it would take 60 plus votes to overrule the minority even if the Republican's took over the Senate. They need to get their head outside of the sand! Therefore, your above statement is correct. In the Senate a minority can control the majority as it has been done in the past. Gridlock will be great for any changes whomever is President. The parties are going to compromise if anything is going to be accomplished. Right now everyone is exercising the tactics to win the upcoming election, personalizing, polarizing, ridiculing and freezing the opposition. It is all about "Winning."

To: Kenneth E. Phillipps who wrote (129042)	4/6/2012 3:27:39 PM
From: TimF	2 Recommendations Respond to of 224858

The Bush tax cuts are set to expire. A large tax increase, that will be economically harmful and which will produce less additional revenue than the popular static projections suggest. The $1.2 trillion spending sequester, enforcing cuts in the defense and domestic budgets, is set to go off. Which likely won't happen, and if it does it still doesn't do much for the core of the long term fiscal problem, entitlement spending. these policies would reduce ten-year deficits by over $6.8 trillion relative to realistic current policy projections Thats $680bil a year when deficits are well over $1tril. And that's assuming all the measures actually happen, and that the projection of each one's impact is accurate, both of which are unlikely.