Something Good is Going to Happen

[Guest]

I thought I'd hitchhike on djplong's latest thread suggesting the President might have had some connection to the recent job growth in the auto industry, but those who still see him as the All-Time Scourge From Hell quickly attacked the very idea. And as usual, there was little factual information, just a categorical denial that Obama could possibly have had any connection or positive influence on anything.

So I'll start a new thread. Maybe I'll get the same responses, but this is a larger issue, a potential "home run", if Obama can pull it off. Maybe some tiny modicum of respect might be extended by the respondents, even if just for the effort.

I'm talking about the "Deal" leading to raising the debt ceiling. We're down to the wire and some predict that default is inevitable. Congress has been haggling over 2 trillion in spending cuts. Suddenly it leaks that the President has taken a 4 trillion dollar plan to the House Speaker, with cuts in Medicare and Defense, some sort of tolerable tweaking of Social Security, and monumentally, some closing of loopholes and allowing tax credits to expire for the most wealthy corporations and individuals. Some pretty good thinkers here have despaired that Congress and the President could ever pull off anything like this.

So here's my prediction: I think it's going to happen. A spending cut plan substantially larger than 2 trillion will be proposed, passed and signed to accompany a debt ceiling increase. It will take the pressure off, the markets will rise, unemployment will continue to decrease and Obama will be reelected. We will hear of longer range plans to further reduce debt which will make us all feel just a little better.

During and after, lots of really knowledgable experienced folks will give Obama the major credit for pushing this daring, necessary plan, breaking the Congressional logjam, and helping it finally get done.

So, until this plays out, I don't even care if somebody says "hogwash".

[Guest]

Sounds mighty sensible and plausible to me. Both sides will have to give in a little to the other side. This is called "negotiation". The G'Nopers in the Teabag Party have yet to understand that political art of negotiation. Well, voters will see they are just about as useful as (make up your own analogy) and they will be one-termers.

It sounds to me that this forum has finally smartened up quite a bit with some good sounding posts - and that the uber-conservatives are listening to the voices of reason. Keep it up.

[Guest]

I thought I'd hitchhike on djplong's latest thread suggesting the President might have had some connection to the recent job growth in the auto industry, but those who still see him as the All-Time Scourge From Hell quickly attacked the very idea. And as usual, there was little factual information, just a categorical denial that Obama could possibly have had any connection or positive influence on anything.

So I'll start a new thread. Maybe I'll get the same responses, but this is a larger issue, a potential "home run", if Obama can pull it off. Maybe some tiny modicum of respect might be extended by the respondents, even if just for the effort.

I'm talking about the "Deal" leading to raising the debt ceiling. We're down to the wire and some predict that default is inevitable. Congress has been haggling over 2 trillion in spending cuts. Suddenly it leaks that the President has taken a 4 trillion dollar plan to the House Speaker, with cuts in Medicare and Defense, some sort of tolerable tweaking of Social Security, and monumentally, some closing of loopholes and allowing tax credits to expire for the most wealthy corporations and individuals. Some pretty good thinkers here have despaired that Congress and the President could ever pull off anything like this.

So here's my prediction: I think it's going to happen. A spending cut plan substantially larger than 2 trillion will be proposed, passed and signed to accompany a debt ceiling increase. It will take the pressure off, the markets will rise, unemployment will continue to decrease and Obama will be reelected. We will hear of longer range plans to further reduce debt which will make us all feel just a little better.

During and after, lots of really knowledgable experienced folks will give Obama the major credit for pushing this daring, necessary plan, breaking the Congressional logjam, and helping it finally get done.

So, until this plays out, I don't even care if somebody says "hogwash".

Jobs report today was UGLY. 18k new jobs.. unemployment UP to 9.2
Lets all face it.. Government can do NOTHING to actually create REAL private sector jobs except to reduce taxes LONG TERM and regulation on the people. The problem is taxes can only go so low UNLESS government is reduced at the same rate.. or it causes DEFICITS AND DEBT.. and that is where we are now.
Regulation is necessary.. but more important than the number of regulations is the skill and WILLINGNESS of government to enforce those regulations EQUALLY. We do NOT have that now.
I blame both parties for sending us down this road over the past 30 years.

It is not going to get better.. it is only going to get a lot worse..
Why? Because every single person in this country owes almost $50,000 towards the national debt, and it that number grows by $5000 per year!
HERE IS THE BIG POINT..
That is NOT just on paper.. REAL tax money collected from the American people is used to pay the INTEREST on that debt instead of paying for our national defense and social programs. That amount is INCREASING and when,, not IF, interest rates go up.. we are done. We will not be able to pay the INTEREST let alone the debt. When we cant pay the interest, we cannot borrow and down we go.. that is where Greece is right now

There are years of economic pain ahead to fix this.. a consistent reduction of government over the next 5 years is the only way.. Unemployment must go up as you reduce government jobs because those jobs were not productive in the first place. Neither Republicans nor democrats want to say that because it will not get them elected. No one is willing to tell the truth about what really will solve our problems.. The Standard of living is in a government spending induced bubble, and that included housing, employment.. stock market etc.. we have spend the last 30 years using government gimmicks to get to this point.
Republicans must not use the 9.2 unemployment number today as proof obama has failed. Part of that number is a reduction in GOVERNMENT jobs.. that is good.. those jobs CREATED OR SAVED were never the type of productive work that needed to be created.
The bad part of that number is the paltry size of the non government jobs increase.. that is the problem. It is really a negative number as the size of the potential work force is INCREASING.
This economy can never be fixed until the government is reduced by at least 50% so that instead of borrowing 42% every year to pay our debts and entitlements, we can "start" paying off that $14.3 trillion debt.
The RYAN plan does not balance the budget for over 20 years!! It adds $9 Trillion to the 14.3 trillion debt.. Do Republicans ever tell you that!! NO.. they want to get elected.. they do not want to fix the problem.
and Democrats call the Ryan budget reduction plan EXTREME.. DRACONIAN.. will unfairly hurt the poor.. elderly etc etc..
They want to borrow MORE.. they call it stimulus.. that is all bologna.
It is SPENDING.. pure and simple.
I am sorry but everyone needs to understand you are going to get 50% from government than you are now.. INCLUDING NATIONAL DEFENSE, if this gets fixed.. if it does not get fixed, when the can cannot be kicked down the road anymore because we cant borrow any more... you may lose everything.. is that what we all want.. those of us that have saved all of our lives..
THAT IS WHAT IS AT STAKE.
JJ
P.S. I know.. I sound like a broken record.

[Guest]

Thanks for the "shout out". I love to be stuck in your brains.

[Guest]

I thought I'd hitchhike on djplong's latest thread suggesting the President might have had some connection to the recent job growth in the auto industry, but those who still see him as the All-Time Scourge From Hell quickly attacked the very idea. And as usual, there was little factual information, just a categorical denial that Obama could possibly have had any connection or positive influence on anything.

So I'll start a new thread. Maybe I'll get the same responses, but this is a larger issue, a potential "home run", if Obama can pull it off. Maybe some tiny modicum of respect might be extended by the respondents, even if just for the effort.

I'm talking about the "Deal" leading to raising the debt ceiling. We're down to the wire and some predict that default is inevitable. Congress has been haggling over 2 trillion in spending cuts. Suddenly it leaks that the President has taken a 4 trillion dollar plan to the House Speaker, with cuts in Medicare and Defense, some sort of tolerable tweaking of Social Security, and monumentally, some closing of loopholes and allowing tax credits to expire for the most wealthy corporations and individuals. Some pretty good thinkers here have despaired that Congress and the President could ever pull off anything like this.

So here's my prediction: I think it's going to happen. A spending cut plan substantially larger than 2 trillion will be proposed, passed and signed to accompany a debt ceiling increase. It will take the pressure off, the markets will rise, unemployment will continue to decrease and Obama will be reelected. We will hear of longer range plans to further reduce debt which will make us all feel just a little better.

During and after, lots of really knowledgable experienced folks will give Obama the major credit for pushing this daring, necessary plan, breaking the Congressional logjam, and helping it finally get done.

So, until this plays out, I don't even care if somebody says "hogwash".

Hogwash:D

P.S.Hogwash:D

PSS Obama is going to reimburse auto insurance premium for one year for every customer who buys a Government Motors car. So Hogwash:D