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View Diary: The debt ceiling dance and the trillion dollar coin (218 comments)

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    •  Bush (13+ / 0-)

      This never would have happened with either Bush or McCain.  Republicans like deficits when they're in power.

      Apres Bush, le deluge.

      by melvynny on Sun Jul 31, 2011 at 08:06:15 AM PDT

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      •  Yes Teabaggers never screamed about it (4+ / 0-)

        when Bush was President. Republicans are all for deficits and big spending as long as their guy is in the White House.  

        •  No tax hike risk (5+ / 0-)

          That's because there's no risk of the wealthy being asked to pay more when they're in power.  Once this even becomes a remote possibility, everything goes into preventing it.  I'm convinced it's the primary reason the tea party was created.  That and the President's race.

          •  race (2+ / 0-)
            Recommended by:
            ratcityreprobate, wishingwell

            Sadly, racism probably trumps tax aversion.

            Apres Bush, le deluge.

            by melvynny on Sun Jul 31, 2011 at 08:41:58 AM PDT

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            •  the Trillion Dollar Coin Is Not Even (2+ / 0-)
              Recommended by:
              Calgacus, Mr Robert

              A Compelling Fantasy!

              A simple fantasy would be that Obama didn't WANT to cut Medicare, Medicaid and Social Security.

              In that case he would simply have fought the Republicans, starting in 2009. He would have demanded a much larger stimulus -- one that would do the job. The economy would be in much better shape so benefit cuts would never arise as an issue.

              If he simply refused to extend the Bush tax cuts then the budget would be a long way towards balance.

              As for the current debt hostage negotiation, it would never have happened, because Obama would have announced in the State of the Union that he would absolutely veto ANY attempt to hold the full faith and credit hostage to Republican efforts to repeal Social Security and Medicare.

              And every Republican argument in favor of "balancing the budget" would be met with a demand for a tax increase on the rich and a denunciation of Republicans for attempting to "cut your Social Security."

              That would be a debate that Republicans could NEVER hope to win. Bush TRIED back in 2005 remember? Fresh off his victory in the 2004 election he decided to use his "mandate" to replace SS with vouchers.

              And it tanked utterly, and set the stage for a blank repudiation of Republican rule in Washington in 2006 & 2008.

              BUT Obama never WANTED to win. He wanted his "Grand Bargain" at our expense. He's the worst traitor since Benedict Arnold!

        •  The tea baggers never even existed when Bush (0+ / 0-)

          was in power. Interesting, don't you think. He ran up the debt more than any other President, turned a surplus into a deficit, funded two wars, and kept them out of the budget, and pushed through an unfunded Prescription drug bill, where the hell were the "partriotic tea baggers" then. I will tell you they were all applauding the idiot for keeping us all safe by invading a country that had nothing to do with the attacks on 9/11. If you ask them this question, they will say, they weren't happy with what Bush did, but Obama only escalated the mess with the Stimulus spending and the HCR bill. When the President says, it is all politics, he is right on point, except he forgets to add, it is also all bullshit on the part of "the patriotic tea baggers".  America does spend too much, but it doesn't, especially in this sluggish economy, take in enough revenues, and big oil and the rest will not pitch in their fair share to help out. Additionally they have seen to it the Republicans in Congress have signed a pledge to not even dare to ask them to help out. I don't even want to address the role these corporations have played in job creation. To be fair they have created many jobs, just not here in American. It is time for them to step up to the plate, and unless they bring jobs back to the U.S.A. be forced to pay higher taxes until they do. The highest corporate tax rate my ass. Who in the world beleives that when it was front page news in April, that G.E. paid no taxes at all. The last time I checked G.E. was very much a corporation, and one that has once again agreed to send jobs overseas.  If the tea baggers are so damn patriotic, perhaps they should target their attacks towards these corporate traitors, not at the sitting President. They don't because most of these corporations are run by rich white men and the country is lead by an African American man, so to say there is not an element of racism in their movement is not beleivable. They also don't because it is these very corporations whose funding makes their movement possible. They have sold their souls to the corporate devil, and one day down the road he will come back to collect.

    •  To compromise and capitulate (6+ / 0-)

      Even with a majority of the House and Senate we even had to capitulate to ourselves to get anything done.

      But don't forget that most men without property would rather protect the possibility of becoming rich, than face the reality of being poor. (1776)

      by banjolele on Sun Jul 31, 2011 at 08:09:11 AM PDT

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    •  It will focus the next election on two policies. (0+ / 0-)

      Raise taxes on the rich to pay for stimulus and the restoration of the programs being cut.  Dicey, given the stupidity of the electorate who put in the teabaggers.  The Republican rejoinder is that they saved the US and can do what they said they can do.

      Why do Democrats still persecute gays? Is a vote for Democrats a wasted vote? I voted for change. Where is my vote?

      by SGWM on Sun Jul 31, 2011 at 09:47:30 AM PDT

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