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View Diary: House Likely to Vote on Senate Bill (19 comments)

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  •  I don't recall the stimulus being deemed (3+ / 0-)
    Recommended by:
    billlaurelMD, chrislefty, CoExistNow

    'a disaster'.  I recall it being decried as 'too small', and I'm pretty sure our continued high unemployment and general economic malaise have shown that to be correct.

    Likewise, at the time, 'Obamacare' was lauded for having some good points, but also some bad ones, and not going far enough.  Again, not a 'disaster'.

    Committing ourselves to permanent (ie not sunsetting) tax decreases that leave our revenue stream far short of our spending, however, seems to pretty obviously indicate that we'll be pushed into rather drastic spending cuts or a debt that spirals ever faster out of control.  That could well turn into a 'disaster'.

    •  the difference in revenue between this (0+ / 0-)

      and what was proposed is almost entirely immaterial.

      you can argue it was bad negotiation because it didn't deal with the debt ceiling or argue that Obama broke a campaign promise, but no one can argue in good faith that this is bad on the merits while the promised plan was good.

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