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Archive for Sunday, September 26, 2010

Obama calls GOP’s ‘Pledge to America’ an echo of disaster

September 26, 2010

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— President Barack Obama says Republicans’ plan to slash taxes and cut spending if the GOP retakes the House in November is no more than “an echo of a disastrous decade we can’t afford to relive.”

Obama used his weekly radio and Internet address Saturday to skewer House Republicans over the “Pledge to America” they unveiled this week. It also promised to cut down on government regulation, repeal Obama’s health care law and end his stimulus program.

“The Republicans who want to take over Congress offered their own ideas the other day. Many were the very same policies that led to the economic crisis in the first place, which isn’t surprising, since many of their leaders were among the architects of that failed policy,” Obama said.

“It is grounded in same worn-out philosophy: cut taxes for millionaires and billionaires; cut the rules for Wall Street and the special interests; and cut the middle class loose to fend for itself. That’s not a prescription for a better future.”

Republicans used their own radio address to defend the plan.

“The new agenda embodies Americans’ rejection of the notion that we can simply tax, borrow and spend our way to prosperity,” said one of its authors, California Rep. Kevin McCarthy.

Comments

CorkyHundley 3 years, 6 months ago

This fracas about letting the Bush tax cut expire for those making more than the arbitrary amount of $250K per year is bizarre. Never mind for now that the entire system of taxation in a bona fide free country is criminal – not different, in principle, from a system of serfdom or involuntary servitude. (Taxation had its place in the same systems that were home to these other types of bondage!) But this unrestrained hatred for those who earn more than $250K is rank bigotry, not different from racial, gender and ethnic prejudice at heart. Well, yes there is a difference, since when men and women become wealthy, this isn't unavoidable as when they are black or women or from a given background into which they were born. But neither is becoming wealthy something for which anyone ought to be blamed and punished. It is, after all, no longer the case that behind every great fortune there must be a great crime. That used to be generally true enough when wealth was obtained primarily via conquest, looting, and robbery perpetrated by armies and navies. One of the great discoveries of Adam Smith, the father of modern economic science, is that wealth is much more efficiently created without such methods, by protecting the equal liberty of everyone to produce and trade.

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commuter 3 years, 6 months ago

Jimo - veryone can "afford" to pay more taxes, especially the 47% of Americans who do not pay ANY income taxes... The idea is that I can not afford pay income taxes, so everyone else wil need ot pay more is gettig really old.

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KS 3 years, 6 months ago

Jimo - The money does not belong to the Government. It belongs to me (and you). If the Government controlled its spending and did so wisely, I would not have such a great concern for taxation. I have a major problem when the spending is out of control and the message is that they want more. Enough is enough. To talk about tax cuts for the rich is a classic example of class warefare. The rich got the money by not being stupid. The rich got the money by working hard and taking risks. The same opportunities that are here for all of us. Some just choose to work a little harder. BTW, go get a job from a poor man. I guess I have to ask the question..........at what point will you say enough is enough? Will you squeal at a 60 percent or say, 80 percent taxation rate or is that okay as long as it is not your money? Just where will you draw the line and say no more? My bet is that you won't answer that.

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notajayhawk 3 years, 6 months ago

And in other amusing news:

"White House, Dems see tax cut vote after election"

http://news.yahoo.com/s/ap/us_tax_cuts

I love the way the Dems are trying to spin this. They're trying to "cut" taxes. The tax "cuts" were given to us by George Bush. (I know, I know, that flies in the face of the liberal dogma that Bush only cut taxes for the rich, but in reality three times as much went to the 'non-rich'.)

What the Dems are voting on - or, I should say, not voting on - is a maintenance of the status quo, at least for the middle class. In reality that means a tax increase for the 'rich'. And the Dems are trying to come up with some kind of spin to make it sound nice and noble that they're chickening out on voting for a tax increase before the election, and would rather wait until most of them are lame ducks anyway.

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yourworstnightmare 3 years, 6 months ago

Raising taxes or reducing spending, the only two ways to reduce the deficit.

Where are these in the "Pledge"?

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Tom Shewmon 3 years, 6 months ago

Those like tuschy, beatrice, scott3460, Agnostick, grammaddy, justthefacts etc are scared to death if Obama, Pelosi and Reid are gone, their welfare gravy train will be cut off.

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Mike Ford 3 years, 6 months ago

turn the country over to judgemental clowns to run the place like a pta....awesome...

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KS 3 years, 6 months ago

I'll take my chances with the GOP over the Dems anyday. I have about run out of money to give to the governements. I guess I will have to look to the taxpayer to pay for my needs.

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beatrice 3 years, 6 months ago

Trickle down economics don't work. Leaving Wall Street to fend for itself without regulation doesn't work. Drilling, baby, drilling doesn't work. Talk about naive.

The Republicans have no plan, and they proved it. Amazingly, because of general unhappiness with the continuation of the economic downturn and unemployment, the Republicans will do well in this coming election. However, I suspect showing us their plan might actually hurt their chances.

Why don't Republicans want to admit that to fight wars a nation must make sacrifices. Tax cuts for the wealthy isn't it. We can't afford to continue along this path, unless we make massive cuts to defense, medicaid and social security. Now, who wants that?

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Jim Phillips 3 years, 6 months ago

It would be interesting to learn just who on this board lives off governmental/taxpayer hand-outs and who doesn't. It might explain the blind loyalty and naivety that gets posted. I also find it interesting that those evil Bush tax cuts are probably going to be continued to help spur the economy. Gee, go figure!

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Tom Shewmon 3 years, 6 months ago

Just the fact The Anointed One is calling the other party a disaster is beyond absurd. The Anointed One is so out of touch and horrible as a president it's beyond comprehension. He's just a bad human being, period. He needs to go back to Chicago and work on radical change with Bill Ayers. Maybe they can blow up some GOP headquarters together or something.

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Mike Ford 3 years, 6 months ago

gee, tommy "crash" craddock shewmon wants to bring back the original destroyers of america, big business and the gop to do away with regulations and take us back to laissez faire gop deregulation destruction and do 2000-2008 all over again... not this time crasher...

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Ray Parker 3 years, 6 months ago

Cut big government and grow freedom, patriots, on Pink Slip Tuesday in November. Then cut loose the Mombasa Marxist.

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BornAgainAmerican 3 years, 6 months ago

I do not believe Obama has the credibility to influence many voters at this point. The Dems have absolutely nothing to run on. The question is...Can the liberal media and Jon Stewart save the day for the Far Left Loons? Doubtful.

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Jimo 3 years, 6 months ago

Most Tea Party people I know seem disappointed.

No end to earmarks, no balanced budget requirement, not a peep about reforming entitlements.

What isn't mentioned: Wall Street, subprime mortgages, lobbying, banks.

Same old country-club GOP views, unchanged regardless of how many fiascoes have occurred. “We’re not going to be any different than what we’ve been," says the man the Tea Party has been working so hard to make House Speaker.

Don't come cry on my shoulder when Lucy (the GOP) pulls the football away from Charlie Brown (the Tea Party) yet again.

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Mike Ford 3 years, 6 months ago

typical wingnut ploy shewmon, did you watch chris christie and figure out how to say outlandish things and bait people and walk away or did you go the bully way like he did? we know what you're up to... go somewhere where you're comments are a surprise....

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yourworstnightmare 3 years, 6 months ago

The fact is that there is nothing new here. It is the same recycled policy that got us into this mess from 2001-2009.

If you disagree, please point out what is new about this Pledge that differs from policies under GWB.

The GOP "policy" from 2001-2009 was to cut taxes without cutting spending. In fact, spending increased dramatically alone with the deficit under GWB. The two wars alone contributed at least a trillion to the deficit.

There are two ways to cut the deficit: tax increases and spending cuts. This "Pledge" is to cut taxes, increase defense spending, and invoke unspecified cuts in the future.

Sound familiar? Miss GWB yet?

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Mike Ford 3 years, 6 months ago

hey tom go on fox as a victim maybe they can sell your garbage to the rest of the arguement baiting victims of their own ignorance in this country on that channel. David Stockman called the Reagan economic policies a farce a month ago and yet these clowns keep trying to get people on their titanic and HL Mencken is still right about the stupidity of the American people. Oh well.

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whats_going_on 3 years, 6 months ago

It seems the Repubs are trying to take a bite out of the Dems book, calling for a nice, cheery "change"

If those on the right are so quick to take this piece to heart, I want them to remember how enraged they were last time "change" was promoted...............................................

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tomatogrower 3 years, 6 months ago

It's more whiney from the Tea Party. They support giving more money to the military and put bumper stickers on their cars in support of the troops, but don't ask them to pay more taxes.

And why hasn't someone asked this question? The tax cuts that everyone seems to think will create jobs have been around for several years now. Where are the jobs? Create jobs, then get tax cuts, not the other way around. Would you honestly pay someone to put a roof on your house, before they had actually started working? If you want to not pay taxes, because you believe it's your money, and you don't want to share, fine. At least you're being honest. But if you really think tax cuts are creating jobs, other than being able to hire more servants, then you are either lying or delusional.

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onceagain 3 years, 6 months ago

And what would call the previous regime?

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Flap Doodle 3 years, 6 months ago

America calls the current regime a total disaster.

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grammaddy 3 years, 6 months ago

3rd paragraph says it all. Why would we vote for the same clowns who got us in this mess? It takes a minute to clean up the messes that were made in 8 years.He's already accomplished more in 2 years than most who came before him.I'm ready to give him another term. I knew going in it would probably take 8 years to get us back where we should be. It's happening, just not as quickly as the fear right-wingnuts would like And wouldn't it be just too bad if they were the ones making some sacrifices this time. You will know when racism ends in this country,It ends when our Black President is allowed to be just as mediocre as all the white ones before him..

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Tom Shewmon 3 years, 6 months ago

When you ain't got nothin' good of your own to talk about...........this is the pathetic Dems strategy. America is saying, "We'll take our chances". Obama has to feel foolish at this point. How presidential. Whoever is telling him to take this approach (I asssume Axelroid and Emanuel) are off course. Emanuel probably is preparing to set-up Chicago to feather all of their nests in a couple years anyway as we speak.

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