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So... predictions for tonight?

sanjuro

Tube Smuggler
Sep 13, 2004
17,373
0
SF
The only sliver of hope out this debacle is that Clinton had to deal with a Republican Congress, and we did pretty well then.

Possibly the idea of true deadlock will scare the crap out of the Republican leadership and they will actually work to solve our problems.
 

dante

Unabomber
Feb 13, 2004
8,807
9
looking for classic NE singletrack
The only sliver of hope out this debacle is that Clinton had to deal with a Republican Congress, and we did pretty well then.

Possibly the idea of true deadlock will scare the crap out of the Republican leadership and they will actually work to solve our problems.
It certainly boosted Clinton's approval ratings in the mid 1990s. What's interesting is that at least for taxes, the GOP **has** to negotiate. If nothing gets done (yay gridlock!!) the tax rates go back up Jan 1. Might be interesting to watch...
 

X3pilot

Texans fan - LOL
Aug 13, 2007
5,860
1
SoMD
The only sliver of hope out this debacle is that Clinton had to deal with a Republican Congress, and we did pretty well then.

Possibly the idea of true deadlock will scare the crap out of the Republican leadership and they will actually work to solve our problems.
As did Reagan have to work with a Democratic Congress and they did OK in some respects.

This was mentioned on one of the news shows and the point was made that the difference then was that Clinton certainly did not like Newt and the other Republican leaders and Reagan did not like Tip O'Neil but they had a certain amount of respect for each other professionally and had mastered the most crucial of political talents...compromise.

Today it's just hatred, stubborness and ego. Witness the Party of No. No class and no willingness to debate vigorously yet repsect the other point of view, no matter how flawed you think it is.

Maybe Linda McMahon would have been a perfect fit...
 

dante

Unabomber
Feb 13, 2004
8,807
9
looking for classic NE singletrack
^^^ Also keep in mind that much of the "balanced budget" (not really, after accounting for SS IOUs) was due to the fact that Clinton RAISED taxes in 1993 before the GOP swept into power. So we had an influx of revenue, and the GOP fought hard to ensure that spending was kept under control.

Now we're in a similar situation, but without the tax increase. There's no way the budget can be anywhere close to balanced without either a) gutting SS/Medicare (and by that I mean like NOW, as opposed to the gradual reduction like Paul Ryan's roadmap) *and* b) gutting the Dept of Defense.

Yeah, we're pretty much f***ed.
 

ohio

The Fresno Kid
Nov 26, 2001
6,649
25
SF, CA
^^^ Also keep in mind that much of the "balanced budget" (not really, after accounting for SS IOUs) was due to the fact that Clinton RAISED taxes in 1993 before the GOP swept into power.
He was also serendipitously riding one of the most rapid periods of economic growth (bubble) in human history... that was certainly helpful to tax receipts as well.
 

dante

Unabomber
Feb 13, 2004
8,807
9
looking for classic NE singletrack
He was also serendipitously riding one of the most rapid periods of economic growth (bubble) in human history... that was certainly helpful to tax receipts as well.
Uh, except that tax revenues were increasing from 1994 on, when the "internet" was primarily message boards and college students:





I'm not saying that the internet bubble didn't help, but the increase in revenue due to tax increases was definitely a part of it.
 

dante

Unabomber
Feb 13, 2004
8,807
9
looking for classic NE singletrack
Republicans are still not willing to say what programs they'll cut in order to a) balance the budget and b) MORE TAX CUTS!!

As a followup to this, Eric Cantor put out a 22-page proposal for Republicans, in which was this gem (used as an example to cut Medicare and Social Security):

Fast Fact
Over two-thirds of Republican voters believe the budget can be balanced without reducing spending on Social Security or Medicare.
Gee, I wonder where Republican voters got that idea.... :rofl:

Whole proposal here. He lists "savings" like preventing the IRS from hiring new agents to enforce Obamacare - $15 billion saved.
 

jimmydean

The Official Meat of Ridemonkey
Sep 10, 2001
41,689
13,820
Portland, OR
Stay classy, GOP.
Barely an hour after President Barack Obama invited congressional Republicans to post-election talks to work together on major issues, the Senate's GOP leader had a blunt message: His party's main goal is denying Obama re-election.
Sounds like it's going to be an awesome 2 years.