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Category Archive for 'Bipartisan Wet Dream'

I was just talking to a friend about this, that Obama’s fixation on the deficit meant that Americans were deprived of social services at a time when they needed them the most. I don’t want to hear any crap about how “his hands were tied.” Bullshit. He validated this wingnut bullshit every time he opened […]

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Just go read the rest. This is the best summation of Obama I’ve seen: Like many days, March 3, 2014, saw the delivery of a stern opinion by President Obama. To judge by recent developments in Ukraine, he said, Russia wasputting itself “on the wrong side of history.” This might seem a surprising thing for an […]

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I knew he wouldn’t give up, but I wish I didn’t have to read about this stuff. It’s really depressing: Even though President Barack Obama’s formal budget proposal Tuesday omitted cuts to Social Security, the White House strongly suggested that a controversial policy to cut the program “remains on the table” if Republicans are willing […]

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Leave it to David Dayen to dig out the nasty details of the Ryan-Murray budget deal and how federal workers will be sacrificed to the deficit gods: 2013 has not been a pleasant year if you work for the federal government. You’ve been subject to pay freezes, furloughs and shutdowns. One of you got yelled […]

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Fortunately for us, I guess, the president’s low popularity ratings may make politicians more reluctant to take on senior citizens and vets over the chained CPI — but they’re sure as hell going to try: WASHINGTON — With congressional budget negotiations moving behind closed doors, one item apparently on the table is changing the way […]

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Instead, voters want higher taxes on the rich. Imagine that: The poll reveals that the public has little desire for an all-cuts approach to deficit reduction, and that by a 17-point margin (56% to 39%) it wants the next budget agreement to include new tax revenues from the wealthy and corporations, in addition to spending cuts. Independents […]

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Krugman, writing from the IMF research conference: It’s pretty clear, however, that the blockbuster paper of the conference will be one that focuses on the truly ugly: the evidence that by tolerating high unemployment we have inflicted huge damage on our long-run prospects. How so? According to the paper (with the unassuming title “Aggregate Supply […]

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From these so-called “Democrats” who think no further than the next election cycle and get under those toasty covers with the right wing. What will your budget costs be when there’s a sudden spike in demand for your poverty programs? Last week San Jose Mayor Chuck Reed delivered his usual speech about the benefits of […]

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I hear this a lot: “Well, that sounds reasonable!” It isn’t, and you should read this so you can influence others not to support it: In Washington-speak, “means-testing” is a scheme to deny or reduce Medicare and Social Security benefits for people who are “too wealthy” in the name of saving money. It’s a counterproductive, […]

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It does seem like the Grand Bargain has been abandoned, at least for now. We’ll see: Even Obama’s proposed grand bargain leaves tax rates in place, and raises revenue by reducing tax deductions. The plausible small deal would probably entail something even smaller — a user fee here or there, perhaps a couple of high-profile […]

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