A repository for Marcospinelli's comments and essays published at other websites.

Cut, Cap And Balance Bill: Latest Republican Plan Could Lead To Debt Ceiling Compromise

Sunday, July 17, 2011


"Plan B" does NOT stand for the "People's Budget".

There actually is a People's Budget (read it here).  

Why aren't Pelosi and Democrats talking about the Progressiv­e Caucus's budget and plan to balance the budget (reduces the deficit by $5.1 trillion)?  It beats Obama's AND Republican­s' plans.

As Krugman has said, the Progressiv­es' budget "balances the budget through higher taxes and defense cuts, plus some tougher bargaining by Medicare (and a public option to reduce the costs of the Affordable Care Act). The proposed tax hikes would fall on higher incomes, raising the cap on payroll taxes (takes care of Social Security's solvency forever)..­. and unlike the Ryan plan, it actually makes sense."
 
But Obama takes solutions that work for the People, the vast majority of Americans, off the table.  Whether it's ending Bush's tax cuts or the wars, the '14th Amendment Solution' (and it is, indeed, a legitimate option), etc., Obama kneecaps and handicaps the Democratic voters who put him and Democrats into power.  

That's Obama's style, taking solutions that work for the People off the table and out of considerat­ion when we're discussing how we want to proceed.  That's what he did during the healthcare debate -- He took single payer off the table before negotiatio­ns ever began.  Because if affordable­, quality medical care for everyone is your goal, then everything else pales against single payer.  If, however, keeping the insurance and pharmaceut­ical industry cartels in place and in control of Americans' health care and choices, if reaping massive profits for them is your goal, then taking single payer off the table is the only way you're going to be able to accomplish it.
Read the Article at HuffingtonPost

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