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Thread: The American Politics thread

  1. #2701
    Request Your Custom Title Now! Spikey's Avatar
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    vote on Sandy aid delayed or something. gonna blame Cantor for this #dummyspit
    Indians can't bowl - Where has the rumour come from as I myself and many indian friends arwe competent fast bowlers ?

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    Global Moderator Spark's Avatar
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    Well the problem with everyone's taxes going up is that everyone's taxes go up.

    I really, really can't empathise with complaining about brinkmanship - then advocating brinkmanship when you don't agree with it! Well, no. It doesn't work like that.
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    International Vice-Captain Redbacks's Avatar
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    What's the date for the next artificially created crisis going to be I wonder?

  4. #2704
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    if you don't like democracy you can go back to canada


  5. #2705
    Global Moderator Fusion's Avatar
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    Quote Originally Posted by Spark View Post
    Well the problem with everyone's taxes going up is that everyone's taxes go up.

    I really, really can't empathise with complaining about brinkmanship - then advocating brinkmanship when you don't agree with it! Well, no. It doesn't work like that.
    Ok, so the taxes go up to Clinton era levels. That's not the end of the world in my book. The economy prospered under those tax levels. Of course it will hurt the middle class (of which I'm a part of) in the short run. But the taxes going up, along with the automatic spending cuts, would've helped the economy in the long run. It wouldn't have been the ideal solution, but it was a better solution than this "compromise".

  6. #2706
    The Wheel is Forever silentstriker's Avatar
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    This is all smallball. Either we need to cut Medicare, Medicaid and defense significantly or we need to institute a national VAT to pay for it. There is no other way short of bankruptcy a decade or two down the line.
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  7. #2707
    Global Moderator Spark's Avatar
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    Quote Originally Posted by Fusion View Post
    Ok, so the taxes go up to Clinton era levels. That's not the end of the world in my book. The economy prospered under those tax levels. Of course it will hurt the middle class (of which I'm a part of) in the short run. But the taxes going up, along with the automatic spending cuts, would've helped the economy in the long run. It wouldn't have been the ideal solution, but it was a better solution than this "compromise".
    You're kidding, right?

    Have a look at Europe and see what austerity has done there and then come back before advocating a more extreme austerity package than anything Europe has come up with. The first imperative of any economic policy is to not be Europe, whatever ideology you come from.
    Last edited by Spark; 01-01-2013 at 10:35 PM.

  8. #2708
    Global Moderator Fusion's Avatar
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    Quote Originally Posted by Spark View Post
    You're kidding, right?

    Have a look at Europe and see what austerity has done there and then come back before advocating a more extreme austerity package than anything Europe has come up with. The first imperative of any economic policy is to not be Europe, whatever ideology you come from.
    Except we're not talking European levels at all. FAR from it. The Clinton era tax levels weren't back breaking. Some would say for an economy of this size, they were ideal. In addition, we need spending cuts. With sequestering, half of those spending cuts would've come from defense. You know what? I think the US can do without 500 less tanks and still blow away any other country that dares to mess with it. I don't see how you can compare this to austerity at all.

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    Cricket Web: All-Time Legend Top_Cat's Avatar
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    Quote Originally Posted by silentstriker View Post
    This is all smallball. Either we need to cut Medicare, Medicaid and defense significantly or we need to institute a national VAT to pay for it. There is no other way short of bankruptcy a decade or two down the line.
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  10. #2710
    The Wheel is Forever silentstriker's Avatar
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    Quote Originally Posted by Top_Cat View Post
    I agree but not nearly enough by itself.

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    Quote Originally Posted by Spikey View Post
    vote on Sandy aid delayed or something. gonna blame Cantor for this #dummyspit
    You rang?

  12. #2712
    Request Your Custom Title Now! Spikey's Avatar
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    THE KEY PLAYERS



    hmmmmmm

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  14. #2714
    Global Moderator Fusion's Avatar
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    There are some great articles on Politico that cover the subject, including this:

    Why Obama, McConnell took the deal

    The article demonstrates my deep frustrations with this deal. Obama is under a false impression of having some type of “leverage” whereas it’s the Republicans that hold all the leverage now. In the upcoming fight over the debt ceiling and sequestering, they will demand deep spending cuts from entitlements and possibly even demand tax cuts. With no fiscal cliff threat, Obama will have no choice but to cave.

  15. #2715
    The Wheel is Forever silentstriker's Avatar
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    He won't. He's got the pulpit - hammer them over not paying the bills if they don't. And truthfully, he needs to come with a proposal to balance the budget rationally too. I'm all for higher revenue but no plan by either party really does anything. Even the 'grand bargain' would have barely made a dent.



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