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View Diary: Simpson-Bowles weigh in on fiscal cliff deal: Not enough catfood (110 comments)

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  •  OT but - nagging question around revenues (2+ / 0-)
    Recommended by:
    hnichols, Eric Nelson

    If unemployment were to fall to 6.5-7.00%, how much tax revenue could be realized from that improvement in the economy? Would that offset the increase to the deficit from these middle-class tax rate extensions?

    America is a COUNTRY, not a CORPORATION. She doesn't need a CEO. Vote Obama.

    by manneckdesign on Wed Jan 02, 2013 at 09:14:16 AM PST

    •  Of course (7+ / 0-)

      That is why Obama should have been pushing hard for stimulus for the past 4 years instead of appointing these clowns to a commission and then repeating their calls for more austerity. If we had enough stimulus -- funding for infrastructure, clean energy, and tax cuts for poor people who would immediately spend it -- then the economy would boom and the deficit would mostly go away. But S-B don't care about deficits; they only care about cutting Social Security and Medicare. Obama should never have given them a platform for promoting their nonsense. And no one should listen to them now.

      And by the way, the way to fix the long-term funding problems of SS (if there are any) is to eliminate the limit on SS taxes. This is an easy fix and completely eliminates whatever problems there might be. But S-B focus on cuts instead. This shows that their true aim is to cut SS and Medicare, not to eliminate deficits.

      •  Thanks for your comments-agree on stimulus (1+ / 0-)
        Recommended by:
        hnichols

        Re: SS Cap, that has been my thought all along. What is the big deal about raising the cap? Higher earners have to pay more? They reap more in the end also.
        Simpson-Bowles can go pound sand for all I care. Asshats, both of them.

        America is a COUNTRY, not a CORPORATION. She doesn't need a CEO. Vote Obama.

        by manneckdesign on Wed Jan 02, 2013 at 02:06:36 PM PST

        [ Parent ]

        •  But the formula bend points can be changed so (2+ / 0-)
          Recommended by:
          nchristine, hnichols

          that the amount that high earners take home in monthly benefits, does not go up as far as it does under the present formula.

          Otherwise, it'd be a "useless exercise."

          “If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson

          by musiccitymollie on Wed Jan 02, 2013 at 04:05:18 PM PST

          [ Parent ]

      •  "these clowns"--quite apropos N/T (2+ / 0-)
        Recommended by:
        hnichols, Timothy J

        “If a dog won’t come to you after having looked you in the face, you should go home and examine your conscience.” -- Woodrow Wilson

        by musiccitymollie on Wed Jan 02, 2013 at 04:02:55 PM PST

        [ Parent ]

      •  Calling sister Simone (1+ / 0-)
        Recommended by:
        Nespolo

        Not sure where we will be in two months but we need to have the nuns on the bus tour go to DC with all the stories of how difficult it is for most Americans, especially our seniors to live even with social security and Medicare. A movement to oppose any more cuts and away of strengthening these institutions as a way forward .
        Calling Sister Simone and flooding the WH and congress with letters, faxes and emails.

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