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View Diary: Ten years of borrowing paid for the Bush tax cuts (83 comments)

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  •  Because we live in a world of (1+ / 0-)
    Recommended by:
    pat bunny

    QUARTERLY profits.   Looking back or forward 10 years is downright foreign to most Americans.  It's why, even here, people have trouble understanding what Obama is trying to do.

    •  I disagree, I think that "people here" have (2+ / 0-)
      Recommended by:
      sarahdillingham, dirtfarmer

      trouble understanding what President Obama is trying to do, because he keeps giving shit up in advance of every bloody "negotiation".

      When he starts out the Debt Discussion by telling the world that SS and Medicare (social entitlements) need to be in the mix when discussing a way forward, he starts us in the dead center of the  negotiation table, leaving us nowhere to go but rightward for the final result.

      That sort of shit is what causes people like me to wonder what in the world is this guy trying to accomplish?

      I like paying taxes... with them, I buy Civilization

      by Angie in WA State on Wed Jul 20, 2011 at 11:17:34 AM PDT

      [ Parent ]

      •  And you are falling for the same (0+ / 0-)

        short-ighted shit everyone that agreed with the tax cuts did!!  "If he just wins NOW, there are no repercussions!"  Bush won huge with the tax cuts but look where we are.  If he hadn't done it, we'd never be in this mess.  Getting out is going to take a long, long time.

        What Obama is trying to do now will pay DIVIDENDS 10 years down the road, not a fucking deficit.  I know that "bending the cost curve" is hard to understand because it's not happening this very minute on the 24/7 news and blog cycle.  But in order to literally save medicare with the MILLIONS of seniors that are about to start using it, something as to be done.  There aren't enough taxes to be collected to "fix" it to cover everyone the way they've been covered.  I'd rather dems do the tinkering than republicans.  You may feel differently.

        •  you are correct that "something has to be done" (2+ / 0-)
          Recommended by:
          sarahdillingham, dirtfarmer

          to ensure that Medicare remains a viable program.

          I simply reject the notion that pushing the eligibility age higher is a good place to start.

          What if President Obama asked the US Congress to revisit the 1996 Act which instituted the Part D drug benefit - and remove the legal prohibition from Medicare negotiating with Big Pharma on the price of drugs/medications for those who are enrolled in Medicare?

          Do you know that the cost savings from this one thing alone could run as high as 300 million a year?

          Perhaps you find my reasoning a bit hard to handle, as I do not have any hero worship for the President. But I live in the real world, where common sense and reasonable thinking can provide solutions.

          I'd also like to recommend that you throw out those conservative talking points like: "there aren't enough taxes to be collected to "fix" it to cover everyone the way they've been covered."

          That is just a canard - if Taxes aren't where Government gets the money to pay for things, where in the hell do you think that money comes from???

          I like paying taxes... with them, I buy Civilization

          by Angie in WA State on Wed Jul 20, 2011 at 11:44:00 AM PDT

          [ Parent ]

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