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View Diary: Senate/House Negotiators Give Up On Grand Bargain (185 comments)

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  •  Thank you Jeebus (13+ / 0-)

    One of the major problems holding back economic recovery has been the insane obsession with austerity and the 'Grand Bargain'. For some reason Obama wanted a Grand Bargain to be one of his historical accomplishments, and wasted so much time and energy on it - an 'accomplishment' that probably no-one in the future would ever hold up as an example of greatness. Which creating an economic boom out of the utter catastrophe that he was handed would have. Now we have to waste even more time and energy recovering all the ground that was lost with needless, senseless cuts.

    They called Einstein 'crazy', too..... until he started KICKING ASS!!!

    by Fordmandalay on Fri Oct 18, 2013 at 06:55:48 AM PDT

    •  Obama believes, I think, that he can do what (5+ / 0-)
      Recommended by:
      blue aardvark, ssgbryan, quill, rudy23, JerryNA

      Bill Clinton did, and that a major budget deal in the 2010s will result in the sort of growth that put the country on a path to budget surpluses in the late 1990s. I think he's wrong about that - because such a deal with the current GOP is not possible. But he is relying on advisers, still, that see the Clinton budget magic as the be-all of responsible governing.

      Courage is contagious. - Daniel Ellsberg

      by semiot on Fri Oct 18, 2013 at 07:06:47 AM PDT

      [ Parent ]

    •  Can someone arrange for President Obama (8+ / 0-)

      to be placed in a room alone with Paul Krugman for the longer of 10 hours or whatever it takes to show him that no cuts need to be made to entitlements, including Chained CPI or Medicare cuts?

      Followed by another similar meeting with a progressive political advisor who will show him that conclusively pinning the desire for entitlement cuts on the Republicans will give the Democrats their best chance at taking back the House in 2014.

      (not sure who the political equivalent of Krugman is, and I'm open to suggestions.)

      As part of the same plan, Thomas Friedman or anyone from Fix the Debt should be banned from a five mile radius of the White House.

      The GOP: "You can always go to the Emergency Room."

      by Upper West on Fri Oct 18, 2013 at 08:46:44 AM PDT

      [ Parent ]

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