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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTYT: Grand Bargain = Grand Larceny, Grand Lie
Why the Grand Bargain Is One-Sided and Totally Unfair
First of all, let's establish that no one in Washington actually cares about balancing the budget. If they did, they would love this so-called Fiscal Cliff. It raises taxes and cuts spending, so it would massively reduce the deficit. Isn't that what all of Washington has been pretending to care about all of this time?
Second, understand that this so-called compromise they are talking about in order to avoid this supposed calamity is a trick. In fact, it'll be the greatest robbery in American history. Think about it -- they say they are worried about all those tax increases and spending cuts. But that's not true. The Grand Bargain would dramatically increase spending cuts, not alleviate them. So, in fact, the only thing they care about is paying less taxes, as always.
Right now, according to the sequester $1.2 trillion in spending cuts are set to take place if nothing happens. Half of that would come from defense. Of course, this is the real problem because there's no way the defense contractors are going to allow that. Whenever people in Washington complain about spending cuts they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.
President Obama has proposed that the Grand Bargain include $4 trillion in savings. He has said over and over again that the ratio would be $3 in spending cuts to $1 in tax increases. This is before his legendarily disastrous negotiating begins. So, let's do some quick math. According to the president's own plan that would be $3 trillion in spending cuts, which is significantly higher than the current plan of $1.2 trillion in spending cuts.
--snip--
Second, understand that this so-called compromise they are talking about in order to avoid this supposed calamity is a trick. In fact, it'll be the greatest robbery in American history. Think about it -- they say they are worried about all those tax increases and spending cuts. But that's not true. The Grand Bargain would dramatically increase spending cuts, not alleviate them. So, in fact, the only thing they care about is paying less taxes, as always.
Right now, according to the sequester $1.2 trillion in spending cuts are set to take place if nothing happens. Half of that would come from defense. Of course, this is the real problem because there's no way the defense contractors are going to allow that. Whenever people in Washington complain about spending cuts they mean spending cuts that would affect defense contractors. They want to massively increase spending cuts everywhere else in the budget.
President Obama has proposed that the Grand Bargain include $4 trillion in savings. He has said over and over again that the ratio would be $3 in spending cuts to $1 in tax increases. This is before his legendarily disastrous negotiating begins. So, let's do some quick math. According to the president's own plan that would be $3 trillion in spending cuts, which is significantly higher than the current plan of $1.2 trillion in spending cuts.
--snip--
Much more at the link!
It's going to be A Lesson to watch about half of everyone here climb on the tracks and pray for the train to come. News: The train's coming nomatter what.
PB
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TYT: Grand Bargain = Grand Larceny, Grand Lie (Original Post)
Poll_Blind
Nov 2012
OP
If Dems won the election, why is ANYONE talking about a 3:1 ratio of spending cuts/tax increases?
Poll_Blind
Nov 2012
#1
Because in DC a 3:1 ratio against the poor and needy is a favorable 'balance'
HereSince1628
Nov 2012
#2
Poll_Blind
(23,864 posts)1. If Dems won the election, why is ANYONE talking about a 3:1 ratio of spending cuts/tax increases?
HereSince1628
(36,063 posts)2. Because in DC a 3:1 ratio against the poor and needy is a favorable 'balance'
Moreover...the election is over, and they are pragmatists who recognize that for practical purposes they don't need us for 2 more years, right?
nc4bo
(17,651 posts)3. No bargain, grand or otherwise. Just hell no.
Who won the election anyway?
WorseBeforeBetter
(11,441 posts)4. "This is before his legendarily disastrous negotiating begins"
Well, that's reassuring!
HiPointDem
(20,729 posts)5. kr
HiPointDem
(20,729 posts)7. and again
Prana69
(235 posts)6. Damn! Your flavour of truth hurts so bad, Cenk. n/t