MasterHypnotist -> RE: New York Post Cartoon: Is Obama the chimp... (2/20/2009 12:38:37 PM)
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ORIGINAL: hardbodysub quote:
The fact is, House and Senate Democrats presented their bills, fully birthed. Nowhere in the bill's DNA is there a strand of Republican paternity. Complete BS. A lot of concessions were made for the House Republicans, particularly tax breaks that do nothing to stimulate the economy. The Republicans asked for and got a lot of things they wanted, as Obama was really trying to gain their support, even though the provisions the Republicans wanted make the bill less effective. Then the Reps turned around and voted against the bill anyway, for purely political reasons. Complete BS? Oh, but I disagree. Unless it was humor, I don't think I've ever posted complete BS. Cite me facts and their credible, available sources, and I will modify, apologize, or even fully recant whatever I post. "Concessions." Well, this one is touchy, because of what one means by "concessions." While it would be unfair to say that Republicans disagreed with 100% of the House bill, I don't know that having provisions that just make economic sense should be touted as "concessions." Cite some of the concessions in the writing of the House bill. IE: Things that House Democrats took out, or added in, after consulting with their Republican counter-parts participating in bi-partisan governance. You can't. No House Republicans were included in the writing of the bill. That is what I meant by, "fully birthed." It entered committee as is, was voted on along party lines, and then went to the floor. I lost track if any bi-partisan ammendments were made once it got to the House floor. There may have been. Senate, almost as partisan, but they got three Republicans to cross the aisle, and even then there were Democrats who voted against it, weren't there? The House/Senate committee is where a modicum of excess got trimmed. Tax breaks don't stimulate the economy? The economy is an exchange of money for goods and services, right? Our current economy is in trouble because too much money is tied up in principle and interest of over-extended consumer credit (housing, personal transportation, and credit cards), right? So, the government has three choices. 1) Fiat debt forgiveness... which really screws up banks and credit institutions which really messes with future personal, corporate, and municipal credit and bonds. 2) Fiat the exchange of money for services by "simply" printing more money... which really screws up the future value of our currency... it's called inflation. A little is OK (I haven't figured that out, but I got it right on the econ test), but a lot is bad. (I was there in the late 60s and 70s). 3) Cut taxes and influence consumers, businesses and corporations to reduce their debt, which in turn, frees up money to cycle through the economy. Yeah, I know... that one can be tricky... sometimes the population at large, and corporations, don't play along. But it is, to a degree, the least intrusive thing the government can do to the economy. Remember, the government created the problem through it's mishandling of banking and credit guidelines... which in turn, locked up all this capital, to begin with. The government did the same thing to agriculture back in 1985. The question is, what is the mix of government and bank/credit collusion? More effective or less effective is simply from the view point of what it is that you want affected. Of course most Republicans voted against this misnomered Stimulus package. Are there any votes that are not political? While many of the expenditures are "good," Pell grants being the first that comes to mind, Pell grants do nothing to stimulate our current economy. So what is it doing in an economic recovery package? This is NOT the budget, people. The budget STILL needs to be written, debated, compromised, and passed. The quotations that I read or heard from Republican leadership had little to do with something being bad, but that it did not belong in THIS EMERGENCY ECONOMIC STIMULUS PACKAGE, since they had nothing to do with economic emergencies, or near term stimulus. So, sorry hardbodysub, while I appreciate your energy, I remain unmoved. MH
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