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Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add "within the limits of the law" because law is often but the tyrant's will, and always so when it violates the rights of the individual.
-- Thomas Jefferson, letter to Isaac H Tiffany (1819)




You actually read this before you posted it? I had to include my original for reference you responded to.
Of course Obama wants tax revenue to go up, in exchange for the proposed cuts. It is absent of any logic at all to assume we can spending cut only our way through this at this point. Even the Republicans now need a debt ceiling increase as no plan from them gets us off of debt spending for the foreseeable future. So what do you propose since neither party can offer a plan to get us off of debt spending and at this stage it is beyond clear they both need more debt ceiling to maneuver? In this case (appreciate this as a non Obama supporter) Obama is on the right path looking for both spending cuts and tax increases. It is the only fiscally responsible thing to do now. Both, not one under some blind assumption it will work for that large gap between tax revenue and spending that your own Republicans cannot figure out and were a great contributer to. Why the hell should Obama just start cuts only when it is clear the best Republicans themselves can cut still need more debt spending room, thus a raise to the debt limit. Your Republicans cannot do this on their own, which partly explains the "punt" proposal trying to remove themselves from the very situation they not only cannot figure out on their own but played a key role in making happen.
Speak of, they were happy to raise the ceiling under Bush's time, quite a few times as even then they could not act then in a fiscally responsible manner any more than they are trying to sell you they are today (including whatever FoxNews is trying to sell for them in support.) The fact is Republicans need the debt ceiling to go up, yet not a damn one of them will admit it. But, will with eagerness play the political game of "no raise in taxes" and class warfare which by default also discards any and all fiscal responsibility. For a little over a decade now they have, with pride and ignorance, displayed this well.
- Frustrated Independent





Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add "within the limits of the law" because law is often but the tyrant's will, and always so when it violates the rights of the individual.
-- Thomas Jefferson, letter to Isaac H Tiffany (1819)






Hey, I'm just glad the President's appealing to the public. I'd been under the impression he forgot about us. This has been the most insider Presidency I've ever seen. For a guy with so much charisma, he almost never goes to the people.






So the nothing would happen at all, ever. Obama hasn't even bound himself to his OWN budget plan. Why would we expect him to honor his commitment to a compromise long term budget?
Unless cuts start now, there's nothing to talk about. Republicans should raise the debt limit and schedule it to come up for a revote in summer 2012. Let's have this be a campaign issue.
Less amazing if you let your ideology go for a minute and just look at the facts.
Spending has averaged around 20 to 22 percent of GDP.
Revenues tanked with the Bush tax cuts and plunged after the Great Recession. Then spending rose on automatic stabilizers and policies like the Recovery Act.
The fact is that deficits in recent decades are mostly the result of cutting revenues rather than raising spending, while the only surplus [more precisely, the only time revenues per GDP exceeded outlays per GDP] came after the Democrats' tax hike of 1993.
You're pretty out of touch with popular sentiment. The public overwhelmingly supports a compromise rather than the GOP's absolutist position.
Cutting spending while the economy is in danger of sliding back into recession and unemployment is over 9% is a policy only those who deliberately want to sabotage the economy would seriously entertain.
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