Little-Acorn
Well-Known Member
Well, the good news is, one of my questions has been answered. If we don't raise the debt ceiling by Aug. 2 (or whenever the date is), we won't necessarily default on the National Debt. Other Federal programs are open to the chop too.
Looks like the plan to scare everybody into raising taxes, is proceeding on schedule.
The issue is not, of course, whether the debt ceiling will be raised. Liberals (in both parties) have borrowed such huge amounts over the last few years, and promised so much spending, that more will HAVE to be borrowed just to meet present commitments. Instead, it is what things will the govt change along with it: raise taxes or cut spending. Raising taxes will not bring in enough additional revenue, if it brings in any at all - it is more likely to simply drag the economy to a stop.
Limbaugh said today that the Republicans should be working hard on a new commercial, to bring out right now: A scene where Barack Obama is wheeling an old woman along through the brush in a wheelchair, pushes her up to a cliff edge, and dumps her off into space.
I should have said, "Before the Democrats make that commercial themselves"... but it's too late.
At least this time it would be accurate. Last time, Democrats were trying to scare people about Paul Ryan's budget... without mentioning that it didn't reduce seniors' Social Security payments a dime.
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http://opinionjournal.com
Raise Taxes or Granny Gets It
The liberal media's idea of a grown-up.
from "Best of the Web Today"
by JAMES TARANTO
President Obama is pulling out the big guns and pointing them straight at your grandmother. "Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3" absent an agreement with Congress to raise the debt ceiling, CBS News reports:
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
At a press conference yesterday, Obama demanded that Republicans not only authorize trillions of dollars in new borrowing,which at this point seems unavoidable, but agree to what he called "massive, job-killing tax increases" effective in 2013--i.e., after what he expects will be his re-election.
For this he drew plaudits from what used to be called the mainstream media. "Obama Grasping Centrist Banner in Debt Impasse" read the New York Times headline. The Washington Post's Chris Cillizza dubbed him "Dad-in-Chief," explaining: "Boil Obama's message down and you get this: Adults sometimes have to do things that they don't want to do. This is one of those times. So, let's get it done."
The kids are acting up, so he threatens to starve Granny to death. That's just how a strong father behaves.
It looks to us as if Obama may once again be overestimating his persuasive powers by relying for feedback on journalists who, for a combination of ideological, partisan and personal reasons, are predisposed to take his side. NewsBusters.org has a useful compilation of what it calls the "softballs" reporters lobbed at yesterday's press conference. Some of them were actually a bit adversarial, but only from the left.
Looks like the plan to scare everybody into raising taxes, is proceeding on schedule.
The issue is not, of course, whether the debt ceiling will be raised. Liberals (in both parties) have borrowed such huge amounts over the last few years, and promised so much spending, that more will HAVE to be borrowed just to meet present commitments. Instead, it is what things will the govt change along with it: raise taxes or cut spending. Raising taxes will not bring in enough additional revenue, if it brings in any at all - it is more likely to simply drag the economy to a stop.
Limbaugh said today that the Republicans should be working hard on a new commercial, to bring out right now: A scene where Barack Obama is wheeling an old woman along through the brush in a wheelchair, pushes her up to a cliff edge, and dumps her off into space.
I should have said, "Before the Democrats make that commercial themselves"... but it's too late.
At least this time it would be accurate. Last time, Democrats were trying to scare people about Paul Ryan's budget... without mentioning that it didn't reduce seniors' Social Security payments a dime.
----------------------------------
http://opinionjournal.com
Raise Taxes or Granny Gets It
The liberal media's idea of a grown-up.
from "Best of the Web Today"
by JAMES TARANTO
President Obama is pulling out the big guns and pointing them straight at your grandmother. "Obama on Tuesday said he cannot guarantee that retirees will receive their Social Security checks August 3" absent an agreement with Congress to raise the debt ceiling, CBS News reports:
"I cannot guarantee that those checks go out on August 3rd if we haven't resolved this issue. Because there may simply not be the money in the coffers to do it," Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
At a press conference yesterday, Obama demanded that Republicans not only authorize trillions of dollars in new borrowing,which at this point seems unavoidable, but agree to what he called "massive, job-killing tax increases" effective in 2013--i.e., after what he expects will be his re-election.
For this he drew plaudits from what used to be called the mainstream media. "Obama Grasping Centrist Banner in Debt Impasse" read the New York Times headline. The Washington Post's Chris Cillizza dubbed him "Dad-in-Chief," explaining: "Boil Obama's message down and you get this: Adults sometimes have to do things that they don't want to do. This is one of those times. So, let's get it done."
The kids are acting up, so he threatens to starve Granny to death. That's just how a strong father behaves.
It looks to us as if Obama may once again be overestimating his persuasive powers by relying for feedback on journalists who, for a combination of ideological, partisan and personal reasons, are predisposed to take his side. NewsBusters.org has a useful compilation of what it calls the "softballs" reporters lobbed at yesterday's press conference. Some of them were actually a bit adversarial, but only from the left.