Already a member? Log in

Sign up with your...

or

Sign Up with your email address

Add Tags

Duplicate Tags

Rename Tags

Share It With Others!

Save Link

Sign in

Sign Up with your email address

Sign up

By clicking the button, you agree to the Terms & Conditions.

Forgot Password?

Please enter your username below and press the send button.
A password reset link will be sent to you.

If you are unable to access the email address originally associated with your Delicious account, we recommend creating a new account.

ADVERTISEMENT

Links 1 through 10 of 43 by Camryl 9 tagged fake_deficit_crisis

The super-committee could not agree on a plan to cut the deficit by $1.2 to $1.5 trillion. Some in the media are calling it a failure – but we’re relieved that there were members who rejected plans that were unbalanced and unfair. Here are five reasons why: ...

Share It With Others!

The Story of Broke is an 8-minute video explanation ... "It turns out this whole 'broke' story hides a much bigger story—a story of some really dumb choices being made for us—choices that actually work against us," explains Leonard. "The good news is that these are choices, and we can make different ones."

Share It With Others!

Sen. Chuck Schumer, chairman of the Senate Democrats' Policy Committee, says that this time Democrats won't take what they think is a "bad deal" from the Super Congress, seemingly rejecting the Republican offer of more tax "reform" (like taking away the mortgage interest deduction) in exchange for a permanent extension of the Bush tax cuts. ...

publicly predicting the failure of the Super Congress, as Schumer has done, and placing the blame squarely on Republicans for their refusal to see taxes raised on the 1 percent helps. It shows that Super Congress failure isn't the end of the world and does not have the kind of consequences that sending the nation into default would.

Share It With Others!

It's a well-worn theme around the lefty blogosphere, but always worth pointing out. No, Republicans don't actually care about the deficit. Case in point: ...

Share It With Others!

Share It With Others!

...There are pipes like this all over America, and we could employ a million people to fix them. We could employ a million more to fix crumbling schools, or roads, or bridges. ...

Investing in maintenance now would save trillions over time, and put enough people back to work to increase consumer spending, grow the economy and lower the deficit through increased tax revenues.

[THIS. THIS IS WHAT I AM SAYING. -L]

Share It With Others!

Besides a few terrible specific points - like cutting Social Security - almost all of the Gang of Six's so-called "deficit reductions" come from simply saying the relevant Senate committees should come come up with an idea of how to achieve set amounts of deficit reductions in the future.

[It is too a plan! It's a plan for how we're going to pass the buck! Every manufactured dramallama problem deserves an imaginary solution! -L]

Share It With Others!

Share It With Others!

Republicans are taking the country to the brink of default demanding spending cuts that will signify their commitment to fiscal responsibility, smaller government and austerity -- but for reasons that are political in the macro and micro sense, they can't come up with a list of cuts that actually gets the job done. ...

So the question today for House Republicans and everyone else involved in these so-called negotiations -- the questions our reporters will be asking -- is why can't they come up with $2 trillion in spending cuts. And if they can, show them to us.

Share It With Others!

$23 billion in Social Security checks need to go out August 3rd. The current estimate of tax receipts coming in that day is around $12 billion. ...

If the President has failed to create the impression that a lack of increase of the debt limit would constitute a national crisis, I think he just blew past that now.

Of course, given the topsy-turvy nature of the negotiations over the past week or so, we don’t know who this threat is really directed at. Probably all of Congress in equal measure. Again, they could all end this manufactured crisis tomorrow by sending over a bill to increase the debt limit, period.

Share It With Others!

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT