Comments on: The GOP’s Tax Deal Isn’t a Very Good Deal for Us or the Economy (Updated) http://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/ Delivering the Best of the New Media Since 2004. Sat, 26 May 2012 03:09:31 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Michele Bachmann and DeMint: Not so fast on that agreement with Obama on Bush tax cuts « Cubachihttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696098 Michele Bachmann and DeMint: Not so fast on that agreement with Obama on Bush tax cuts « Cubachi Wed, 08 Dec 2010 00:21:08 +0000 http://www.sundriesshack.com/?p=14506#comment-696098 [...] over at Sundries Shack gave great insight as to why this GOP deal is a dud. Make sure to read it as well as Michelle Malkin’s take: Tax [...] [...] over at Sundries Shack gave great insight as to why this GOP deal is a dud. Make sure to read it as well as Michelle Malkin’s take: Tax [...]

]]> By: Phineashttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696121 Phineas Tue, 07 Dec 2010 20:58:36 +0000 http://www.sundriesshack.com/?p=14506#comment-696121 I'm in the camp that thinks this was a good deal or, to put it another way, better than what I thought we'd get. Regarding the tax issue, the proposed expiration falls right in the middle of the 2012 campaign, when President Lightworker will be running for reelection. There is no way he will want to fight this battle over again - not if he wants to win. While I generally like Bachmann, DeMint, and Malkin, I think they're letting the perfect be the enemy of the good. <i>What about the economy? Or does that not actually matter anymore?</i> I just don't think you would have found enough votes to make the rates permanent with this congress. This will do until we get a friendlier congress and White House in 2013. I'm in the camp that thinks this was a good deal or, to put it another way, better than what I thought we'd get. Regarding the tax issue, the proposed expiration falls right in the middle of the 2012 campaign, when President Lightworker will be running for reelection. There is no way he will want to fight this battle over again – not if he wants to win.

While I generally like Bachmann, DeMint, and Malkin, I think they're letting the perfect be the enemy of the good.

What about the economy? Or does that not actually matter anymore?

I just don't think you would have found enough votes to make the rates permanent with this congress. This will do until we get a friendlier congress and White House in 2013.

]]> By: Speckkhttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696088 Speckk Tue, 07 Dec 2010 18:24:28 +0000 http://www.sundriesshack.com/?p=14506#comment-696088 Saying Obama will one term like Jimmy Carter assumes the Republican party can produce a viable candidate to knock off a celebrity president. Another John McCain certainly can't win it (Why are we running old white guys anyway?). A neophyte like Scott Brown would have the same inexperience at the national level that is hobbling Obama. A Neocon like Bush won't do anything about the soaring costs of medicare (which Obama raided to pay for increasing the base of medicaid). Tax changes and uncertainty pale in comparison to getting spending under control. Everyone says, "Don't touch my Medicare!" but we can't afford it. Exposing individuals to the effects of market pricing is the only solution. None of the political establishment is ready to end Middle Eastern wars, even if they've resulted in no real positive accomplishments. Taxes here or there may effect short term uncertainty, but deficits and money printing to pay the 2 big expenses also hurt our future outlook. Saying Obama will one term like Jimmy Carter assumes the Republican party can produce a viable candidate to knock off a celebrity president. Another John McCain certainly can't win it (Why are we running old white guys anyway?). A neophyte like Scott Brown would have the same inexperience at the national level that is hobbling Obama. A Neocon like Bush won't do anything about the soaring costs of medicare (which Obama raided to pay for increasing the base of medicaid). Tax changes and uncertainty pale in comparison to getting spending under control.

Everyone says, "Don't touch my Medicare!" but we can't afford it. Exposing individuals to the effects of market pricing is the only solution. None of the political establishment is ready to end Middle Eastern wars, even if they've resulted in no real positive accomplishments. Taxes here or there may effect short term uncertainty, but deficits and money printing to pay the 2 big expenses also hurt our future outlook.

]]> By: Brian Lehmanhttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696065 Brian Lehman Tue, 07 Dec 2010 09:32:06 +0000 http://www.sundriesshack.com/?p=14506#comment-696065 You make a very good argument against this deal when plenty of others are seeing the proverbial egg on Obama's face and calling it a win. I'm glad we avoided a tax hike for now, it is only for two years. And while the 2% payroll tax cut will put some extra money in my pocket, it's not going to help employers. You make a very good argument against this deal when plenty of others are seeing the proverbial egg on Obama's face and calling it a win. I'm glad we avoided a tax hike for now, it is only for two years. And while the 2% payroll tax cut will put some extra money in my pocket, it's not going to help employers.

]]> By: Tweets that mention The GOP’s Tax Deal Isn’t a Very Good Deal for Us or the Economy -- Topsy.comhttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696056 Tweets that mention The GOP’s Tax Deal Isn’t a Very Good Deal for Us or the Economy -- Topsy.com Tue, 07 Dec 2010 05:03:29 +0000 http://www.sundriesshack.com/?p=14506#comment-696056 [...] This post was mentioned on Twitter by Erick Erickson, The Anchoress, GayPatriot, libertyrant, Jimmie and others. Jimmie said: New Post: The GOP's Tax Deal Isn't a Very Good Deal for Us or the Economy http://bit.ly/hbVeAR [...] [...] This post was mentioned on Twitter by Erick Erickson, The Anchoress, GayPatriot, libertyrant, Jimmie and others. Jimmie said: New Post: The GOP's Tax Deal Isn't a Very Good Deal for Us or the Economy http://bit.ly/hbVeAR [...]

]]> By: Jimmiehttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696058 Jimmie Tue, 07 Dec 2010 00:24:11 +0000 http://www.sundriesshack.com/?p=14506#comment-696058 Great. So a political battle was won. What about the economy? Or does that not actually matter anymore? Great. So a political battle was won. What about the economy? Or does that not actually matter anymore?

]]> By: Ken Gardnerhttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696057 Ken Gardner Tue, 07 Dec 2010 00:04:24 +0000 http://www.sundriesshack.com/?p=14506#comment-696057 Good, thougtful article. It gives me lots to think about -- my initial impression was that this was a win for Republicans (and I still think it is politically). Of course, the real problem is that even current taxes are too high and government spending remains totally out of control. Good, thougtful article. It gives me lots to think about — my initial impression was that this was a win for Republicans (and I still think it is politically). Of course, the real problem is that even current taxes are too high and government spending remains totally out of control.

]]> By: SuperManiaConservatihttp://www.sundriesshack.com/2010/12/06/the-gops-tax-deal-isnt-a-very-good-deal-for-us-or-the-economy/comment-page-1/#comment-696055 SuperManiaConservati Mon, 06 Dec 2010 23:54:48 +0000 http://www.sundriesshack.com/?p=14506#comment-696055 The most rhetorically strident liberal President in generations... and he SIGNS OFF on Bush's tax cuts? What can a Democrat run on in the future? They've conceded the ideological point, essentially forever. If the economy improves, they've lost the argument before it begins - Republicans can simply say, cutting taxes a bit under Obama worked, but they'll work even more with a REAL Republican. If the economy declines, they'll lose again and it's another Jimmy Carter situation. Liberalism is over. Norquist is right. Also, the reduced revenues will make it easier to push for Soc Security / Medicare privatization. Tonight's the night that economic liberals ceased to have any shot at doing anything substantial ever again. The Reagan framework has been vindicated and will never go in the opposite direction again. The most rhetorically strident liberal President in generations… and he SIGNS OFF on Bush's tax cuts?

What can a Democrat run on in the future? They've conceded the ideological point, essentially forever. If the economy improves, they've lost the argument before it begins – Republicans can simply say, cutting taxes a bit under Obama worked, but they'll work even more with a REAL Republican. If the economy declines, they'll lose again and it's another Jimmy Carter situation.

Liberalism is over. Norquist is right. Also, the reduced revenues will make it easier to push for Soc Security / Medicare privatization. Tonight's the night that economic liberals ceased to have any shot at doing anything substantial ever again. The Reagan framework has been vindicated and will never go in the opposite direction again.

]]>