General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBush, Obama, McConnell, Boehner... Aren't We Already In Austerity Spending ???
And yeah... I know it could be much worse...
DCKit
(18,541 posts)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.
SidDithers
(44,333 posts)Sid
MannyGoldstein
(34,589 posts)are not in favor of brutal, destructive austerity against the 99%?
SidDithers
(44,333 posts)Sid
MannyGoldstein
(34,589 posts)SidDithers
(44,333 posts)What happened to Third-party Manny / Third-way Manny?
Sid
MannyGoldstein
(34,589 posts)And I think you're wrong - please supply an example.
SidDithers
(44,333 posts)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)"22% Social Security cuts, Preference for McCain over Obama. Now the Third-party Manny schtick."
WillyT
(72,631 posts)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.
Drunken Irishman
(34,857 posts)dionysus
(26,467 posts)MannyGoldstein
(34,589 posts)CBO says it'll throw us back into recession.
Mmmm... Yummy peas...
applegrove
(132,216 posts)SunsetDreams
(8,571 posts)According to an OP-ed on 05/31 Krugman had this to say.
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 wont 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.
applegrove
(132,216 posts)SunsetDreams
(8,571 posts)Sharing the stage at the Waldorf Astoria hotel in Manhattan, presidents 42 and 44 offered a robust defense of Obamas handling of the economy and vision for the future, asserting more forcefully than theyve 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 childrens 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/