Tag Archives: grand bargain

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

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 , , , , , , , , , , , , , , , , , , , , | 8 Comments

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

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 , , , , , , , , , , , , , , , , , , , , , , | 30 Comments

The time to revolt draws near, my friends….

On Friday, it was announced that the U.S. House of Representatives voted overwhelmingly to support a $649 billion defense spending bill. According to the Associated Press, this represents a $17 billion increase over last year’s appropriation. This, as the AP article points out, is particularly noteworthy, given that drastic government cuts are being demanded elsewhere. […]

Posted in Politics, Uncategorized | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 52 Comments

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