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Mitch McConnell Blinked FirstFollow

#27 Jul 13 2011 at 2:07 PM Rating: Decent
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Jophiel wrote:
gbaji wrote:
So we should have brought this up say a couple years ago before we spent ourselves into such a large debt hole? Oh wait! We did that didn't we? Too bad certain people and the party which represents them refused to listen.

I know, right? We should have eliminated those oil subsidies and ended those tax cuts long ago!


I absolutely agree that we should eliminate any new spending (or tax cuts/credits/deductions) created during the time period in which we went from a sustainable debt percentage to the unsustainable condition we're in right now. Care to show me which new tax cuts we should get rid of? How many new oil subsidies were created during that time period?

I'll agree to eliminate any tax cuts or oil subsidies created between 2007 and today if you agree to get rid of any new entitlement spending created during the same time period? Strange, this is exactly what conservatives have argued for, isn't it? We've said we should roll back our spending to 2008 levels (there were no tax changes btw). Not surprisingly, your side doesn't want to do this.

You want to keep your spending increases and create new taxes to pay for them. And in some bizarre twist of your brains you think this is "fair".
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#28 Jul 13 2011 at 2:08 PM Rating: Excellent
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Why can't you cut spending and raise taxes? That way you avoid a huge spending drop, and a huge tax increase by balancing them. It's not like you guys have horrifically high taxes or anything.
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#29 Jul 13 2011 at 2:10 PM Rating: Excellent
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Sir Xsarus wrote:
Why can't you cut spending and raise taxes?
Because it makes too much damn sense, and our esteemed politicos fear and shun anything that doesn't confuse the populous into submission.
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#30 Jul 13 2011 at 2:16 PM Rating: Excellent
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gbaji wrote:
Not surprisingly, your side doesn't want to do this.

Well, no. I guess my side isn't composed of children who'd address it in that simplistic a manner. To their credit, I haven't even heard anyone notable from the GOP offer your suggestion.
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If we don't raise the debt ceiling, then we have to avoid defaulting on our debt by cutting spending.

Even Ryan's budget required raising the debt limit to accommodate it. No one but children and the just childishly naive honestly believe what you're saying.
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Belkira wrote:
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#31 Jul 13 2011 at 2:19 PM Rating: Good
lolgaxe wrote:
Sir Xsarus wrote:
Why can't you cut spending and raise taxes?
Because it makes too much damn sense, and our esteemed politicos fear and shun anything that doesn't confuse the populous into submission.


Yep, and that was the plan that Obama actually backed, before McConnell blinked.

Obama: "A compromise: We'll give you THREE TRILLION of your cuts if you agree to one trillion in tax hikes."

Liberals: "That's awful, we lose out 1:3, and we won't accept it!"

Conservatives: "That's awful, even if it's 3:1 of what we want versus what we didn't want, and we won't accept it!"

Republican leadership: "FUUUUUU- Okay, uh, here Obama. Ball's in your court. YOU sign the damn debt ceiling increase. We want nothing to do with it."
#32REDACTED, Posted: Jul 13 2011 at 2:25 PM, Rating: Sub-Default, (Expand Post) Joph,
#33 Jul 13 2011 at 2:30 PM Rating: Excellent
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varusword75 wrote:
lmao. Considering many of the companies listed are in bed with the federal govn I can't say I'm surprised.

Really? That was the best you could do? No wonder the GOP is desperate for a way out of this mess. Also, you're apparently illiterate since you're treating "sound fiscal footing" as present tense.

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Do you even know the impact the last govn shutdown had on the economy?
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According to Gingrich

Bahahahahaha.... Smiley: laugh

Funny stuff. Even ignoring the fact that we're not really talking about government shutdown but debt default. Man, you're an idiot.

Edited, Jul 13th 2011 3:33pm by Jophiel
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#34 Jul 13 2011 at 2:35 PM Rating: Decent
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varusword75 wrote:
lmao. Considering many of the companies listed are in bed with the federal govn I can't say I'm surprised.
Smiley: lol Why so anti-business and anti-capitalism? By the way, got any sources or evidence that ~40 of those businesses (only 10%!) are in bed with the federal government, or are you just spouting that to quickly divert attention away from the fact that the corporations you vehemently uphold are turning against your terrible ideas?
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gbaji wrote:
I'm not getting my news from anywhere Joph.
#35REDACTED, Posted: Jul 13 2011 at 2:37 PM, Rating: Sub-Default, (Expand Post) Xarus,
#36 Jul 13 2011 at 2:51 PM Rating: Default
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Sir Xsarus wrote:
Why can't you cut spending and raise taxes? That way you avoid a huge spending drop, and a huge tax increase by balancing them. It's not like you guys have horrifically high taxes or anything.


Because tax rates didn't cause the problem in the first place. Because if we let the Dems get away with this scam, they'll just do it again the next chance they get. Because it's the equivalent of someone stealing $100 from you, getting caught and then agreeing to "compromise" by keeping $50 and giving you $50 back.

Do I need to go on?
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#37gbaji, Posted: Jul 13 2011 at 2:53 PM, Rating: Sub-Default, (Expand Post) Yes. And if the Dems can agree to trade an increase on the debt ceiling with commitments to spending cuts, then that's a great deal. But the Dems want an increase on the ceiling while giving nothing in return. Or, they want an increase on the debt ceiling while attempting to get the GOP to give something up (taxes). That's like me giving you something I don't want to give you and in return you get to take something that I don't want to give you.
#38 Jul 13 2011 at 2:55 PM Rating: Excellent
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Senator McConnell was explaining his thought process more completely earlier today: He figures that the Democrats won't bend on taxes and so the GOP will be stuck with two options: Agree to tax increases and suffer the wrath of the Tea Party or else allow a debt default & economic collapse and anchor the GOP to the economy. Neither appeals to him so he's rather just let Obama have his debt increase, make a show of washing his hands of it and then continue to say "It's all Obama's fault!" about whatever fiscal situation we're in come 2012.

It's a decent bit of politicking on McConnell's part so I'll give him credit for that. He's not so much expecting some massive anti-Obama backlash over this but rather trying to avoid a GOP implosion.
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#39 Jul 13 2011 at 2:57 PM Rating: Excellent
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gbaji wrote:
But not raising the debt ceiling isn't nearly the disaster for the GOP that it is for the Dems.

Which explains McConnell's desperate gambit to avoid it. Hey, remember how much the Democrats were going to get slaughtered over the budget? And remember that awesome deal Boehner agreed to that you said he was never going to agree to? Good times, good times.

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But the Dems want an increase on the ceiling while giving nothing in return.

Still not getting your news from anywhere, huh?
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#40REDACTED, Posted: Jul 13 2011 at 2:58 PM, Rating: Sub-Default, (Expand Post) Jophed,
#41 Jul 13 2011 at 2:59 PM Rating: Decent
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What he's also doing is highlighting the Democrats complete and utter unwillingness to give up any of the spending they engaged in over the last few years even in the face of a massive debt crisis. You haven't picked up the theme yet? I made the exact same point with regard to the discretionary budget agreement made a couple months ago. It was about getting the issue in front of the people and showing just how stuck on their spending the Dems are.


The GOP doesn't have to do anything more than show the public what the Dems really care about (spending the public's money without any apparent end).
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#42 Jul 13 2011 at 3:00 PM Rating: Default
double post

Edited, Jul 13th 2011 5:01pm by varusword75
#43REDACTED, Posted: Jul 13 2011 at 3:00 PM, Rating: Sub-Default, (Expand Post) Joph,
#44 Jul 13 2011 at 3:02 PM Rating: Decent
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Jophiel wrote:
gbaji wrote:
But not raising the debt ceiling isn't nearly the disaster for the GOP that it is for the Dems.

Which explains McConnell's desperate gambit to avoid it. Hey, remember how much the Democrats were going to get slaughtered over the budget? And remember that awesome deal Boehner agreed to that you said he was never going to agree to? Good times, good times.


You really don't see it? Amazing! It's not a desperate anything Joph. It's a realization that the Dems are not going to give in on their spending and the only way to fix things is for the GOP to gain more control of the government in 2012. He even said so.

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But the Dems want an increase on the ceiling while giving nothing in return.

Still not getting your news from anywhere, huh?


Yeah. What's your point. Have the Dems agreed to eliminate some of the spending they did in the last couple years in return for the GOP agreeing to raise the debt ceiling?
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#45 Jul 13 2011 at 3:11 PM Rating: Excellent
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gbaji wrote:
It's a realization that the Dems are not going to give in on their spending and the only way to fix things is for the GOP to gain more control of the government in 2012. He even said so.

Exactly (more or less). McConnell's goal isn't to avoid fiscal ruin, it's to become Senate Majority Leader which he knows won't happen if the GOP is tied to fiscal ruin. He knows that "GOP 2012 Chances" go way down if there's a debt default and economic collapse. If he thought his chances went up with a default, he'd be all in for blocking any sort of limit increase.

Short version: McConnell is desperate to avoid a debt default because he knows it will hurt the GOP more than it will hurt the Democrats.

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Yeah. What's your point.

That you're arguing from a position of ignorance. I thought that was obvious.
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#46 Jul 13 2011 at 3:15 PM Rating: Excellent
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The Hill wrote:
"If we go into default, [the president] will say that Republicans are making the economy worse ... The president will have the bully pulpit to blame the Republicans for all of this destruction," McConnell said, indicating that default would hand the reelection to Obama.

"I refuse to help Barack Obama get reelected by marching Republicans into a position where we have co-ownership of a bad economy," McConnell said.
[...]
McConnell told conservative radio talk show host Laura Ingraham that the president has only offered Republicans two options: either "sign onto a bad deal that raises taxes or go into a default."

"Not on my watch," he said.

It's pretty funny that Gbaji can say "It won't be the disaster for the GOP that it will be fore the Democrats" if there's a debt default, then say "McConnell even said so!" when McConnell is saying the exact opposite.

Gbaji: Not getting his news from anywhere.
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#47 Jul 13 2011 at 3:21 PM Rating: Good
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Jophiel wrote:
gbaji wrote:
It's a realization that the Dems are not going to give in on their spending and the only way to fix things is for the GOP to gain more control of the government in 2012. He even said so.

Exactly (more or less). McConnell's goal isn't to avoid fiscal ruin, it's to become Senate Majority Leader which he knows won't happen if the GOP is tied to fiscal ruin. He knows that "GOP 2012 Chances" go way down if there's a debt default and economic collapse. If he thought his chances went up with a default, he'd be all in for blocking any sort of limit increase.

Short version: McConnell is desperate to avoid a debt default because he knows it will hurt the GOP more than it will hurt the Democrats.


That's one inventive interpretation, I suppose. You're discounting the possibility that McConnell believes that the best way to avoid long term fiscal ruin is for the GOP to gain more control in the next election. He's realized that the Dems are never going to do what needs to be done to fix our current economic crisis, realizes also that the debt ceiling issue is at best a stop gap measure no matter what happens, and has decided not to get drawn into a fight on something that doesn't ultimately help the nation recover.

If the Dems were reasonable about cutting spending, he (and most Republicans) would be willing to work out a deal. He's decided that the Dems aren't going to do that, so he's taking the best option available to him. It has *nothing* to do with his personal belief about the effects of raising or not raising the debt ceiling. You've injected that into the issue all on your own. It's about his belief that cutting spending is the only way to fix the economy, and a realization that the Dems aren't going to do it.

Other members of the GOP will certainly continue to try though. That's just McConnell's approach. And as you say, it makes sense. The Senate is currently controlled by the Dems. He doesn't need to get his hands dirty in this at all, so why do it?

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Yeah. What's your point.

That you're arguing from a position of ignorance. I thought that was obvious.


I'm sorry, did I miss some article where McConnell said that he did what he did because he was desperate to avoid having the debt ceiling not be raised? I'm arguing based on the information quoted/linked here. You're apparently arguing based upon some fantasy invented inside your own head.
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#48 Jul 13 2011 at 3:21 PM Rating: Excellent
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What McConnell said wasn't intended to be a factual statement.
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#49 Jul 13 2011 at 3:22 PM Rating: Decent
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Oh. And I'll point out that once again you have equated "not raising the debt ceiling" with a "debt default". They are *not* the same thing. Stop pretending that they are.
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King Nobby wrote:
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#50REDACTED, Posted: Jul 13 2011 at 3:26 PM, Rating: Sub-Default, (Expand Post) Right, if there's one thing we can take from history, it's that you can depend on career politicians to look out for the interests of the common people.
#51 Jul 13 2011 at 3:28 PM Rating: Excellent
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gbaji wrote:
That's one inventive interpretation, I suppose.

That hard to admit you were wrong? Smiley: laugh
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Belkira wrote:
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