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View Diary: Read it and weep (592 comments)

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  •  It's Not an Apocalyptic Deal (3+ / 0-)
    Recommended by:
    Eddie L, Medium Head Boy, Sylv

    I have my problems with it, but mostly ...

    Look:

    We're way off track of what a modern country with the world's largest economy should be doing to provide security for its citizens and plan for the future.

    We need stimulus, infrastructure investment and human resources investment.

    We need government to step in and curb the excesses of "free market" capitalism and to help alleviate some of the misery that neo-liberalism and the "Washington consensus" have caused over the last thirty years.

    What we saw yesterday is an example of how government is not taking care of its responsibilities and an indicator of what we can expect for the next two and probably four years.

    It is dispiriting.

    But not the end of the world -- that scenario would have included cuts to Social Security.

    "I'll believe that corporations are people when I see Rick Perry execute one."

    by bink on Wed Jan 02, 2013 at 09:25:39 AM PST

    •  Cuts are coming (0+ / 0-)

      Making these tax rates permanent guarantees deficits for as far as the eye can see and insures that there will be cuts to social programs to make up the difference.

      The only trouble with retirement is...I never get a day off!

      by Mr Robert on Wed Jan 02, 2013 at 11:51:03 AM PST

      [ Parent ]

      •  Yes... Cuts rather than aggressive stimulus (1+ / 0-)
        Recommended by:
        Mr Robert

        which might actually turn things around.

        Why?

        Because that's what Obama and the rest of the Village really want.



        Perpetual crisis means never having to say you're sorry.

        by chuckvw on Wed Jan 02, 2013 at 12:18:35 PM PST

        [ Parent ]

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