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Robert Reich: Ransom Paid

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Robert Reich: Ransom Paid

Post by Guest on Mon Aug 01, 2011 11:22 am

Anyone who characterizes the deal between the president, Democratic, and Republican leaders as a victory for the American people over partisanship understands neither economics nor politics.

The deal does not raise taxes on America's wealthy and most fortunate -- who are now taking home a larger share of total income and wealth, and whose tax rates are already lower than they have been in eighty years. Yet it puts the nation's most important safety nets and public investments on the chopping block.

By embracing deficit reduction as their apparent goal -- claiming only that they'd seek to do it differently than the GOP -- Democrats and the White House now seemingly agree with the GOP that the budget deficit is the biggest obstacle to the nation's future prosperity.

The budget deficit is not the biggest obstacle to our prosperity. Lack of jobs and growth is. And the largest threat to our democracy is the emergence of a radical right capable of getting most of the ransom it demands.

http://www.huffingtonpost.com/robert-reich/debt-deal-republicans-_b_914737.html

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Re: Robert Reich: Ransom Paid

Post by stillnutty on Mon Aug 01, 2011 12:05 pm

I hope it is clear to everyone that the Repubs are now in total control of the country. Things will now be done their way. Part of me is actually saying I wish the Pres and the Dems called their bluff on the default. Evil or Very Mad

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Re: Robert Reich: Ransom Paid

Post by Guest on Mon Aug 01, 2011 12:07 pm

stillnutty wrote:I hope it is clear to everyone that the Repubs are now in total control of the country. Things will now be done their way. Part of me is actually saying I wish the Pres and the Dems called their bluff on the default. Evil or Very Mad
They should have. Evil or Very Mad

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Re: Robert Reich: Ransom Paid

Post by TR11005 on Mon Aug 01, 2011 1:17 pm

The TPers are nothing but modern day Fascists. Remember how Hitler came to power. Social Security, Medicare, Unemployment and others are necessary social programs. If you collect any of these, you might as well be Jewish in Germany in WWII. Think about it, they want us either die or work as their slaves.

We will see what the deal is, if it is no good. Expect a long fight. This could cause a Civil War, long over due. MAD mad

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Re: Robert Reich: Ransom Paid

Post by Sponsored content Today at 11:26 am


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