Tag Archives: taxes

“A Colossal Political Failure”

Sam Pizzigati at CAF: “This “debt crisis” in no way had to happen. No natural disaster, no tsunami, has suddenly pounded the United States out of fiscal balance. We have simply suffered a colossal political failure. Our powers that be, … Continue reading

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Confidence, Schmonfidence

Whenever I see a discussion about the real crisis this country faces—that would be unemployment, not the manufactured one over the deficit– a couple of words keep coming up from the alleged smartest guys in the room, confidence and certainty. … Continue reading

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The More Things Change…

…the more they stay the same. FDR, 1936: “In 1776 the fight was for Democracy in Taxation. In 1936 there is still the fight. Mister Justice Oliver Wendell Holmes once said ‘taxes are the prices we pay for civilized society’. … Continue reading

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The Party of “No” or The Party of No Backbone

Gutless. Spineless. Cowards. “Senate Democrats said Thursday that they had abandoned plans for a pre-election showdown with Republicans over taxes, postponing any vote on extending Bush administration tax cuts until after the November midterms. Democrats discussed the issue during a … Continue reading

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Krugman: “Sacrifice is For the Little People”

Never mind this, let’s just be sure we keep rich people’s taxes low. And it’s not just Republicans. Why? Paul Krugman explains: “You see, the rich are different from you and me: they have more influence. It’s partly a matter … Continue reading

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Democrats Losing the Message Battle—As Usual

This is why Democrats consistently lose the message battle—theirs is not cohesive and it’s too convoluted and complex for non-political junkies to understand. One “senior House leadership aide” tells Talking Points Memo that there won’t be a vote on extension … Continue reading

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Bi-Partisan Commissions: A Hiding Place for Gutless Politicians

Generally speaking, bi-partisan commissions are a bad idea, with just a few exceptions. Those being when something is being investigated–such as the 9/11 Commission or the current Financial Crisis Inquiry Commission. The debt reduction commission, set to be unveiled today … Continue reading

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Quote of the Day: “…a million dollars is not a lot of money”

Republican National Committee Chairman Michael Steele and wannabe (allegedly) Senator from New York, Harold Ford, squared off in a 90 minute joint appearance at the University of Arkansas at Little Rock on Thursday. The topics ranged from health care to … Continue reading

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Facing Tough Choices on Deficit and Debt

I think most people who live in the real world (leaving out the gutless wonders who inhabit Washington, D.C.) will agree that if we ever hope to get our fiscal house in order some tough choices will have to be … Continue reading

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What Will Be Done About the Debt? Nothing

The national debt is like the weather. Everybody talks about it, but nobody does anything about it. Nobody who CAN do something about it, that is. Reactions to President Obama’s proposed $3.83 trillion budget, which is projected to add $8.5 … Continue reading

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