Tonight we heard;
The Great Negotiator
Rich vs. Poor
The Blame Game
Am i the only one who’s head nearly exploded last night?
Millions are looking for work, have been for some time, and the spending binge going on in Washington is a big part of the reason why.
Spending/Investment by Washington serves to create jobs. Not destroy them. Saving the US Auto industry being a case in point.
The House passed “cut, cap and balance” with “bipartisan support.”
It had 5 Democratic votes vs 234 GOP Votes. This is hardly Bipartisan.
“Here’s what we got for that spending binge: a massive health care bill that most Americans never asked for.”
Actually, the Affordable Care Act saves taxpayers billions of dollars. That’s the opposite of a “spending binge.”
A ‘stimulus’ bill that was more effective in producing material for late-night comedians than it was in producing jobs.”
In reality, the stimulus helped stop the bleeding, while creating growth and millions of jobs.
“A national debt that has gotten so out of hand it has sparked a crisis without precedent in my lifetime or yours.”
The national debt is perfectly manageable at its current size. The unprecedented crisis is from Boehner and his caucus; not the debt itself.
“The president has often said we need a ‘balanced’ approach — which in Washington means: we spend more, you pay more.”
Actually, Obama has called for trillions in spending cuts.
I want you to know I made a sincere effort to work with the president
Right, by walking out and cutting off negotiations on more than one occasion.
“The president is adamant that we cannot make fundamental changes to our entitlement programs.”
Boehner’s plan, unveiled yesterday, makes no fundamental changes to our entitlement programs. Obama, meanwhile, has presented several offers that make significant cuts to entitlement programs. That’s not opinion; it’s just reality — which Boehner is no doubt aware of.
“The sad truth is that the president wanted a blank check six months ago, and he wants a blank check today.”
Obama isn’t asking for a “blank check.” The nation needs a debt-ceiling increase to pay for the things we’ve already bought.
Noteworthy, is Paul Craig Roberts, Assistant Secretary of the Treasury under Reagan and his criticism of the Republicans intransigence on debt.
A few hours after Boehner debunked his own lie, the Speaker’s big plan for avoiding a default crisis has been rejected by conservative groups from FreedomWorks to Americans for Prosperity to the Club for Growth, as well as Boehner’s supposed ally, Republican Study Committee Chairman Jim Jordan (R-OH)
Boehner described Republican conditions for an increase in the debt limit in terms of what Americans demanded — namely reduced spending and reforms. Several White House proposals have now offered deeper cuts than the Republicans dared propose, which they then said no to.
A particular highlight of Boehner’s speech was his assertion that Obama “created” the “crisis atmosphere” that has the U.S. on the brink of default. The reality is that the president inherited a projected deficit of more than $1 trillion, and the recent surge in debt is mostly the result of the fruitless Bush tax cuts and the wars in Afghanistan and Iraq. This weekend, the New York Times published a chart comparing the costs of policies enacted by the last two administrations:
Boehner — along with Majority Leader Eric Cantor (R-VA) and Budget Chairman Paul Ryan (R-WI) — voted for the policies that caused the deficit to explode under the Bush administration. According to Bloomberg:
House Speaker John Boehner often attacks the spendthrift ways of Washington. [...]
Yet the speaker, House Majority Leader Eric Cantor, House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell all voted for major drivers of the nation’s debt during the past decade: Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits. They also voted for the Troubled Asset Relief Program, or TARP, that rescued financial institutions and the auto industry.
Republicans voted for the big drivers in creating the massive debt in the first place. Just like they voted to increase the debt ceiling with nary a twinge nine times during George W. Bush’s presidency.