Kulaf wrote:On one hand you say the Presidents proposals would never pass.......presumably because of Democratic control of Congress.......yet if McCain wins we will be "subjected" to "more of the same" and the sky falls
The Presidents proposals didn't pass or even come up for a serious vote, even when the Republicans controlled everything, because privatizing Social Security and making drastic cuts to Medicare are non-starters in this country. McCain and all the other fiscal lunatics would fail as badly as Bush because they get their reckless tax cuts through knowing the draconian spending cuts will never happen. They would never win an election running on the "I'm cutting Medicare!" platform.
Kulaf wrote:On one hand you say that the Presidents proposals are "an abysmal failure leading to structural long term deficits" yet the CBO predicts that in 4 years under the president proposals there would be a 50% chance of the nation running a balanced budget or a surplus.
The CBO projected that Bush's proposals had a 50% chance of having
one year of balance and every other year of defict, with
717 billion in increased debt by 2018.
Not following the Republican plan, allowing the reckless Bush tax cuts to expire and not making cuts to Medicare and Social Security, leads to a 60% chance of a balanced budget by 2012 and a surplus of 270 billion by 2018.
Sounds like the Republican formula sucks.
Kulaf wrote:since the Dems seem a lock to add to their totals in both Houses I will state for the record that this country would be in a much better position with a Republican in the WH to check and balance said Congress.......than to just hand them a rubber stamp president and a blank check.
I don't think Obama is going to rubber stamp spending we can't afford. If he was that fiscally stupid he'd be a modern day Republican.