Tag Archives: deficit

Deficit Supper Committee fails due to Republican refusal to roll back Bush tax beaks

By Mark | November 21, 2011

I went to the gym after work this evening and watched coverage of today’s admission of failure by the Joint Select Committee on Deficit Reduction. I found myself getting incredibly pissed off, to the point of inadvertently blurting out “asshole” a couple of times, and flipping up my middle finger at the television set in […]

Posted in Economics, Politics, Uncategorized | Also tagged Bush tax cuts, class warfare, Deficit Reduction Super Committee, endgame, entitlements, Eric Cantor, grand bargain, Grover Norquist, Joe Biden, John Boehner, Medicare, Mitt Romney, Obama, Paul Ryan, Russ Feingold, social security, tax the rich, taxation, the plight of the overtaxed rich, theology of tax cuts, treason | 8 Comments

Obama’s deficit reduction plan not as shitty as thinking Americans feared

By Mark | September 19, 2011

As promised, Barack Obama unveiled his administration’s new deficit reduction plan this afternoon, in the White House rose garden. [Those who want the facts can find an outline of the plan on the White House website. A PDF of the entire proposal can be found there as well.] From what I can tell, it marks […]

Posted in Economics, Politics, Uncategorized | Also tagged budget cuts, Buffett Rule, Bush tax cuts, Chuck Schumer, class warfare, deficit reduction, Deficit Reduction Super Committee, grand bargain, job creation, John Boehner, John Fleming, Joint Select Committee on Deficit Reduction, math, Medicaid, Medicare, Mitch McConnell, Obama, Paul Ryan, political hardball, tax loopholes, tax the rich, theology of tax cuts, veto | 30 Comments

Regardless of what you’re being told, the deficit is due to Bush’s tax cuts, not Obama’s stimulus spending

By Mark | July 28, 2011

Ann Arbor-born economist and historian Bruce Bartlett, who served as domestic policy advisor to Ronald Reagan, and in the Treasury under George H.W. Bush, joined Chris Mathews on MSNBC’s Hardball yesterday, talking about the true origins of our nation’s current deficit. It should be required viewing for all Americans… Here’s the video, followed by an […]

Posted in Economics, Politics | Also tagged Afghanistan, Bruce Bartlett, budget deficit, Bush tax cuts, capital gains, Chris Mathews, Hardball, Iraq war, MSNBC, Obama is a Socialist, prescription drug bill, supply side, tax the rich, taxes | 21 Comments

Republicans who claim to be deficit-conscious vote to hand-over billions in tax-payer dollars to profitable oil companies

By Mark | March 3, 2011

Remember how, not too long ago, we were talking about the fact that we could save $39 billion by cutting our federal subsidies to the already highly-profitable oil and gas industry? Well, it looks as though we’ll have to find those savings somewhere else – like with cuts in teacher pay – because the Republicans […]

Posted in Alternative Energy, Corporate Crime, Politics, Uncategorized | Also tagged corporate subsidies, hypocrisy, Medicaid, Medicare, oil, privatization, social security, subsidies, the desire to strangle Republicans, William Keating | 6 Comments

What conservatives really want, and how we’re helping them get it

By Mark | February 20, 2011

Our old friend George Lakoff has a brilliant essay on the Common Dreams website today. Here’s a clip. I’d encourage those of you with time to follow the last link and read the whole thing, though. ….The central issue in our political life is not being discussed. At stake is the moral basis of American […]