Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
17 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Bush, Obama, McConnell, Boehner... Aren't We Already In Austerity Spending ??? (Original Post) WillyT Jun 2012 OP
Six months to go, they're gonna pull that out at the last minute. DCKit Jun 2012 #1
More "not a dimes worth of difference" nonsense...nt SidDithers Jun 2012 #2
Are you saying that all four of 'em MannyGoldstein Jun 2012 #4
Wait, is this third-way Manny or third-party Manny asking the question?...nt SidDithers Jun 2012 #7
Evading the question nt MannyGoldstein Jun 2012 #12
Now you want to have substantive discussion?... SidDithers Jun 2012 #13
Still evading the question MannyGoldstein Jun 2012 #14
Edited previous post while you were replying. Sorry 'bout that... SidDithers Jun 2012 #15
Why don't you pick one, and we can discuss? MannyGoldstein Jun 2012 #16
There's A Democratic President, And A Democratic Senate... WillyT Jun 2012 #5
Do you know how government works? Drunken Irishman Jun 2012 #9
you better believe it! dionysus Jun 2012 #6
Wait 'till the cuts scheduled for January MannyGoldstein Jun 2012 #3
Krugman pointed that out today. applegrove Jun 2012 #8
Pointed it out about Obama? I'm so confused on this. SunsetDreams Jun 2012 #10
Ponted out that we had already tried the austerity. applegrove Jun 2012 #17
President Obama, Bill Clinton Stump on ‘Growth’ vs. ‘Austerity’ Agenda SunsetDreams Jun 2012 #11
 

DCKit

(18,541 posts)
1. Six months to go, they're gonna pull that out at the last minute.
Mon Jun 4, 2012, 11:52 PM
Jun 2012

The Republican'ts cant change course now, so they've got to keep on with the deficit spending.... it's going to suck when Obamacorp reveals their actual spending in August.

How are we doing in the state races? I want better people here in DC.

 

MannyGoldstein

(34,589 posts)
4. Are you saying that all four of 'em
Tue Jun 5, 2012, 12:12 AM
Jun 2012

are not in favor of brutal, destructive austerity against the 99%?

SidDithers

(44,333 posts)
13. Now you want to have substantive discussion?...
Tue Jun 5, 2012, 08:17 AM
Jun 2012

What happened to Third-party Manny / Third-way Manny?

Sid

SidDithers

(44,333 posts)
15. Edited previous post while you were replying. Sorry 'bout that...
Tue Jun 5, 2012, 08:27 AM
Jun 2012

Not interested in the least in having any sort of discussion with you, Manny. Your antics over the years here firmly put you in the "not to be taken seriously" category.

22% Social Security cuts? Preference for McCain over Obama. Now the Third-party Manny schtick. Your "opinions" are entertaining, Manny, by not based in the world where the rest of us live.

Sid

 

MannyGoldstein

(34,589 posts)
16. Why don't you pick one, and we can discuss?
Tue Jun 5, 2012, 08:43 AM
Jun 2012

"22% Social Security cuts, Preference for McCain over Obama. Now the Third-party Manny schtick."

 

WillyT

(72,631 posts)
5. There's A Democratic President, And A Democratic Senate...
Tue Jun 5, 2012, 12:17 AM
Jun 2012

And...as a person who is watching the Federal Extension of Unemployment benefits disappear...

Every goddamned day...

The notes that come with their final forms are quite... poignant.

And I do not think they give a damn about EITHER Party.


 

MannyGoldstein

(34,589 posts)
3. Wait 'till the cuts scheduled for January
Tue Jun 5, 2012, 12:10 AM
Jun 2012

CBO says it'll throw us back into recession.

Mmmm... Yummy peas...

SunsetDreams

(8,571 posts)
10. Pointed it out about Obama? I'm so confused on this.
Tue Jun 5, 2012, 02:20 AM
Jun 2012

According to an OP-ed on 05/31 Krugman had this to say.

In fairness to Britain’s conservatives, they aren’t quite as crude as their American counterparts. They don’t rail against the evils of deficits in one breath, then demand huge tax cuts for the wealthy in the next (although the Cameron government has, in fact, significantly cut the top tax rate). And, in general, they seem less determined than America’s right to aid the rich and punish the poor. Still, the direction of policy is the same — and so is the fundamental insincerity of the calls for austerity.

The big question here is whether the evident failure of austerity to produce an economic recovery will lead to a “Plan B.” Maybe. But my guess is that even if such a plan is announced, it won’t amount to much. For economic recovery was never the point; the drive for austerity was about using the crisis, not solving it. And it still is.


http://www.nytimes.com/2012/06/01/opinion/krugman-the-austerity-agenda.html

It seems that he is talking about Republicans not Obama. The OP included Obama.

SunsetDreams

(8,571 posts)
11. President Obama, Bill Clinton Stump on ‘Growth’ vs. ‘Austerity’ Agenda
Tue Jun 5, 2012, 02:22 AM
Jun 2012
President Obama and former President Bill Clinton tonight pitched a coordinated message on jobs and the economy that appeared designed to confront an electoral landscape unsettled by Friday’s dismal jobs report and an expected Republican victory in Wisconsin’s gubernatorial recall.

Sharing the stage at the Waldorf Astoria hotel in Manhattan, presidents 42 and 44 offered a robust defense of Obama’s handling of the economy and vision for the future, asserting more forcefully than they’ve done elsewhere in recent weeks that more short-term government spending is needed to boost hiring while insisting Republicans have been blockading the effort all along.

“If you do not have economic growth, no amount of austerity will balance the budget because you will always have revenues go down more than you can possibly cut spending,” Clinton told the crowd of Republican budget plans.

"So what [Obama] did was to say growth today, restraint in a big way tomorrow. … Growth and jobs today, build the economy, then take the burden of the debt off our children’s future and avoid the exploding interest rates and declining living standards that it would impose on their future.”


http://abcnews.go.com/blogs/politics/2012/06/president-obama-bill-clinton-stump-on-growth-vs-austerity-agenda/
Latest Discussions»General Discussion»Bush, Obama, McConnell, B...