U.S. Senate Leaders Agree on 2-Month Extension of Payroll Tax Cut By JENNIFER STEINHAUER and ROBERT PEAR Published: December 16, 2011 The 112th Congress lurched toward the end of its tumultuous first session Friday as the House passed a $1 trillion spending bill and sent it to the Senate for approval. I am not sure why there is so much disappointment in President Obama. So far, what has he done in this process that is objectionable. Are we so bent on 'winning' the showdown, that we don't care about what happens at the showdown. Let's say we shut the government down and don't extend the payroll tax cut - is that what we want? The Republican house has no incentive to pass any bill with the Millionaire's surtax even if it means there is no extension of the payroll tax cut. I believe that the President has played his hand wonderfully, he just happens to been dealt a bad hand, if all those who are disappointed in his handling mobilize to take the
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Showing posts from December 11, 2011
U.S. Political Ideology Stable With Conservatives Leading
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To me, this is not necessary a bad sign. The hypocrisy is really the bad sign. Mr. Gingrich has many ideas and some of them I totally disagree with but he is a true Washington insider, which I claim is not all bad. What I call an insider is someone who can talk with the other side of the aisle on issues of common ground. Compromise is key and is worthy of praise. We, as a nation, have differing views so we all cannot have everything that we want. Therefore, compromise needs to be resurrected as a normal part of the political process. Please stop pretending that there is some purity that needs to be upheld about fiscal policy.
OPRF Wrestling - History - Archive - 2010-2011 Season - Statistics
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Revenue Sources and Public Debt
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Dr. Krugman discuss revenue here . I couldn't agree more except for the idea that we are in some kind of dyer situation. I have always disagreed with Dr. Krugman because I believe that it leads to the panic of government debt. At times, we know it is not time to panic with the level of government debt, specifically U.S. debt. This is one of those times. It is almost always one of those times. Of course, we should reduce the debt when it we have an economy that is in expansion. If the panic alarm is sounded, ever, then others will call on such in the future when they are looking to eliminate the human social contract because they are making the tough calls.