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Wonkbook: With debt deal done, Congress to return to not addressing jobs

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Wonkbook: With debt deal done, Congress to return to not addressing jobs Empty Wonkbook: With debt deal done, Congress to return to not addressing jobs

Post by Guest Wed Aug 03, 2011 9:50 am

The White House is promising that the end of the debt debate will mark a "pivot" towards jobs. In a Washington Post op-ed today, Treasury Secretary Timothy Geithner previewed that message, arguing that "It is not enough for Congress to have prevented a disaster it brought on itself. Lawmakers should return in September prepared to act to strengthen the economy and get more Americans back to work."

But few expect serious action from Congress. Geithner brings up the payroll tax cut, extending unemployment benefits and financing a massive investment in infrastructure. But note that the first two aren't new stimulus: they're simply a continuation of current policies. If the administration wins those fights, it will have simply succeeded in doing no harm. And though infrastructure is a no-brainer, it's also not likely to happen unless Democrats can find some way to pay for it that Republicans support. Back in Ronald Reagan's day, that was the gas tax, which Reagan himself raised to fund further infrastructure investment. Something tells me that's not going to fly today. Nor is an expansion of the payroll tax cut, further aid to states and cities, or any of the other ideas for a significant boost in economic relief likely to burst onto the agenda.

http://www.washingtonpost.com/blogs/ezra-klein/post/wonkbook-with-debt-deal-done-congress-to-return-to-not-addressing-jobs/2011/08/03/gIQAdDecrI_blog.html

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Post by TR11005 Wed Aug 03, 2011 10:19 am

The Congress blew there chance in December with the exhaustees. Why do something now. It is bad they have gone on vacation again. Last two years it was the 99ers. Now it is the FAA workers.

It is class warfare, lets go to WAR!

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Post by jmainframe Wed Aug 03, 2011 12:21 pm

TR11005 wrote:The Congress blew there chance in December with the exhaustees. Why do something now. It is bad they have gone on vacation again. Last two years it was the 99ers. Now it is the FAA workers.

It is class warfare, lets go to WAR!

Yeah, it was the lame duck session, when the dems still had a majority in both chambers. Of course, the repubs were not about to let the dems pass anything major until their reinforcements arrived, so they kept voting "nay" on anything the dems proposed.
jmainframe
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Post by TOO OLD TO HIRE IN PA Wed Aug 03, 2011 12:27 pm

jmainframe wrote:
TR11005 wrote:The Congress blew there chance in December with the exhaustees. Why do something now. It is bad they have gone on vacation again. Last two years it was the 99ers. Now it is the FAA workers.

It is class warfare, lets go to WAR!

Yeah, it was the lame duck session, when the dems still had a majority in both chambers. Of course, the repubs were not about to let the dems pass anything major until their reinforcements arrived, so they kept voting "nay" on anything the dems proposed.

Yeah the reinforcements being the TERRORIST Tea Party members! Biden may not have said it, but it is true! If they want a war, they got one! This is for our survival and our future!

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Post by jmainframe Wed Aug 03, 2011 12:43 pm

TOO OLD TO HIRE IN PA wrote:
jmainframe wrote:
TR11005 wrote:The Congress blew there chance in December with the exhaustees. Why do something now. It is bad they have gone on vacation again. Last two years it was the 99ers. Now it is the FAA workers.

It is class warfare, lets go to WAR!

Yeah, it was the lame duck session, when the dems still had a majority in both chambers. Of course, the repubs were not about to let the dems pass anything major until their reinforcements arrived, so they kept voting "nay" on anything the dems proposed.

Yeah the reinforcements being the TERRORIST Tea Party members! Biden may not have said it, but it is true! If they want a war, they got one! This is for our survival and our future!

And about what's right. Congress obviously fell off the track. We'll see to it they're put back on, one way or another!
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