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Author Topic: There's an easy way to solve this debt limit crisis. (kentuck)  (Read 1242 times)

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Offline CC27

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There's an easy way to solve this debt limit crisis. (kentuck)
« on: May 18, 2011, 09:14:01 AM »
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kentuck Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list    Wed May-18-11 10:07 AM
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There's an easy way to solve this debt limit crisis.
   
Simply agree to let the Repubs make the Bush taxcuts permanent.

This would create a new era of bi-partisanship. The Republicans would get what they covet more than anything and the Democrats would get off the hook.

They extended them once so why not again? It just means we will have to cut $800 billion more out of programs that people need. What's the big deal?

We don't want to hurt the unemployed or the most needy in our country so let's agree to be bribed and blackmailed. After all, those making less than $250K per year are simple middle-class folks - not like the 50% that make less than $25K per year. We have to protect our base.

Let's make a deal. Give them their taxcuts. We will take the cuts in programs. Sound fair?


Kentuck gets boring after a while.  :whatever:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1125989
« Last Edit: May 18, 2011, 09:17:40 AM by CC27 »
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Offline SSG Snuggle Bunny

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Re: There's an easy way to solve this debt limit crisis. (kentuck)
« Reply #1 on: May 18, 2011, 09:19:24 AM »
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Our benchmark point estimates suggest the Act created/saved 450 thousand government-sector jobs and destroyed/forestalled one million private sector jobs.

...

The large majority of destroyed/forestalled jobs are in a subset of the private service sector comprised of health, (private) education, professional and business services, which we term HELP services.

…

  • ur estimates are precise enough to state that we found no evidence of large positive private-sector job effects. Searching across alternative model specifications, the best-case scenario for an effectual ARRA has the Act creating/saving a (point estimate) net 659 thousand jobs, mainly in government. It appears that state and local government jobs were saved because ARRA funds were largely used to offset state revenue shortfalls and Medicaid increases (Fig. A) rather than directly boost private sector employment (e.g. Fig. B).
http://web.econ.ohio-state.edu/dupor/arra10_may11.pdf
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Offline jukin

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Re: There's an easy way to solve this debt limit crisis. (kentuck)
« Reply #2 on: May 18, 2011, 09:32:08 AM »
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Our benchmark point estimates suggest the Act created/saved 450 thousand government-sector jobs and destroyed/forestalled one million private sector jobs.

Just the way the socialist wanted it. Obama admitted that his constant lying of 'shovel ready' jobs was a lie and that he knew it.
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When you are the beneficiary of someone’s kindness and generosity, it produces a sense of gratitude and community.

When you are the beneficiary of a policy that steals from someone and gives it to you in return for your vote, it produces a sense of entitlement and dependency.

Offline SSG Snuggle Bunny

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Re: There's an easy way to solve this debt limit crisis. (kentuck)
« Reply #3 on: May 18, 2011, 02:09:18 PM »
Quote from: jukin on May 18, 2011, 09:32:08 AM
Just the way the socialist wanted it. Obama admitted that his constant lying of 'shovel ready' jobs was a lie and that he knew it.
Obama lied, the economy died
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Offline LC EFA

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Re: There's an easy way to solve this debt limit crisis. (kentuck)
« Reply #4 on: May 18, 2011, 05:29:26 PM »
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kentuck Donating Member (1000+ posts)  Wed May-18-11 10:07 AM
Original message
...

They extended them once so why not again? It just means we will have to cut $800 billion more out of programs that people need. What's the big deal?
...


I don't recognise your "need" as a legitimate claim.
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Offline franksolich

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Re: There's an easy way to solve this debt limit crisis. (kentuck)
« Reply #5 on: May 18, 2011, 05:30:48 PM »
Quote from: SGT Snuggle Bunny on May 18, 2011, 02:09:18 PM
Obama lied, the economy died

Good one, sir.

Awesome.
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