Latest topics
Social Networks
Links to Affiliates and Resources
Displaced American Workers United
Outsaurus
Extend Unemployment Benefits
Unemployed Workers.org.
Examiner.com Denver
99ers.net/
Democrats Have Caved to the GOP in Debt Ceiling Negotiations
Page 1 of 1
Democrats Have Caved to the GOP in Debt Ceiling Negotiations
With unemployment still high despite corporations rolling in profits (Think Progress recently relayed a Northeastern University study that showed that 88 percent of the growth in national income for the last 18 months has gone to massive corporate profits while only 1 percent has gone to wages, and the New York Times recently reported that top executives enjoyed a 23 percent pay increase in 2010), it is patently illogical, immoral and bad for the country to fund cuts in government spending with tax cuts for the wealthy.
But by using the debt ceiling issue to extort cuts in government spending, Republicans, who control only one of the three segments of federal lawmaking, the House of Representatives, are dictating to the Democrats, who control the other two entities (the Senate and the presidency), the terms of negotiation.
http://www.huffingtonpost.com/mitchell-bard/brooks-is-right-democrats_b_891336.html
Guest- Guest
Re: Democrats Have Caved to the GOP in Debt Ceiling Negotiations
House Democrats have their own fears about the negotiations, which they expressed in an hourlong meeting Wednesday night with Treasury Secretary Timothy F. Geithner.
“Depending on what they decide to recommend, they may not have Democrats,” Senator Sheldon Whitehouse, a Rhode Island Democrat, said in an interview. “I think it is a risky thing for the White House to basically take the bet that we can be presented with something at the last minute and we will go for it.”
http://www.nytimes.com/2011/07/07/us/politics/07fiscal.html?_r=1
Guest- Guest
Re: Democrats Have Caved to the GOP in Debt Ceiling Negotiations
Im pretty speechless by this. The Democratic party is showing no back bone anymore. It seems they have just given up. God help us all...
Similar topics
» Boehner Pulls Out of Negotiations, Saying No to Debt Agreement Without Tax Increase
» Debt ceiling will be hit by May 16, Geithner says
» Debt ceiling FAQs: What you need to know
» It's Not the "Administration's Debt Ceiling"!
» No debt ceiling deal in sight
» Debt ceiling will be hit by May 16, Geithner says
» Debt ceiling FAQs: What you need to know
» It's Not the "Administration's Debt Ceiling"!
» No debt ceiling deal in sight
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Wed Feb 06, 2019 3:59 pm by Sad American
» UF2 Members Chat Thread: Part 3
Thu Mar 02, 2017 1:02 am by DesperateInRI
» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
Wed Mar 01, 2017 8:19 pm by DesperateInRI
» I see this board has been quiet
Tue Jun 07, 2016 1:24 pm by Knight1009
» Hello Ya'll. *Theirmommie*
Tue Nov 17, 2015 9:42 am by my_lucid_bubble72
» 20 % of Americans Struggle To Buy Food
Thu Jul 16, 2015 1:00 pm by pbrad009
» The Make Some One Day Challenge
Wed May 27, 2015 12:32 pm by Prof_NSA
» Clues to why they not hiring you
Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed
» New Year Nothing Change
Tue Jan 20, 2015 5:48 pm by Prof_NSA
» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
Fri Dec 19, 2014 4:24 pm by charliekerper
» Forbes: America's #1 Problem is Jobs, Not Debt
Sat Nov 15, 2014 10:50 pm by jmainframe
» Economy just getting worse
Mon Oct 06, 2014 12:16 pm by oncemore
» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
Fri Oct 03, 2014 11:23 am by DesperateInRI
» Hey Guys!!!!
Mon Sep 29, 2014 9:17 am by pbrad009
» Up all NIGHT WORRIED!
Thu Sep 25, 2014 11:56 pm by pbrad009