« The President, the Economy, and the Jellyfish | Main | Obama Nails Usama »

Sunday, May 01, 2011

Comments

Donald Pay

I would be willing to bet most people don't know much about what's in either plan, so polling like this is really pretty misleading.

Ken Blanchard

Yeah, that's what Paul Ryan would say if the polls went in the other direction. But that is missing the point. The Democrats are gambling that "most people" will instinctively side with them, as they are protecting public benefits. It ain't happening that way so far.

Donald Pay

People always support spending cuts over tax increases. Then you ask the next question, and the next and the next. Here's what you find: people want tax fairness (Ie., a return to progressive tax policies), and they want politicians to leave medicare and social security alone. Move on.

Dave

Hmmm... Ken does a good job of towing the corporate media line, but if you take a few minutes and do an internet check of town halls it looks like a mirror image of the tea party town halls only this time the republic(an) party are getting shouted down...
http://www.huffingtonpost.com/2011/05/01/tax-spending-town-halls_n_855983.html

Dave

Here's and idea, How bout NOT spending $ like this?

http://www.nytimes.com/2011/05/01/world/asia/01road.html?_r=1

Stan Gibilisco

In my opinion, Donald (May 1, 8:04:49 PM) is absolutely right. Moving on to the logical conclusion: We Americans in general want stuff but we don't want to pay for it. Hmmm. That attitude got us into this recession, didn't it?

I've heard more than one person suggest that we, the people, emulate the behavior of our politicians. They're irresponsible, and we use them as examples; ergo, we're irresponsible too. I suggest the opposite: We're irresponsible, and we elect them; ergo, they are irresponsible too.

Spending cuts, tax increases, or both: It is all meaningless unless we can get into the habit of spending no more than we take in, individually and collectively.

Duh.

Jimi

Donald,

"(i.e: a return to progressive tax policies)"

Go thru the numbers. If you pretend like the tax cut for the wealthy never existed, you only would have a gain of $675 Billion over 10 years or 67.5 Billion a year, and that is assuming you would have had the same positive economic effect the tax cut gave us, when we were in the last reccession in 2001-2002. That is not even close to what we need to close the gaps. You only have three options. Raise taxes on the lower middle class, where most of the tax cut benefit was and reform entitlements, or cut spending elsewhere, or a combination of both.

The comments to this entry are closed.