Joe M · Nov 22, 2011 at 8:13am

Good article in the Weekly Standard about the super committee and why they failed to reach an agreement.

The most telling line was this one:

Toomey says it was "troubling" that Democrats "didn’t seem very interested in accepting those kinds of revenues. It was as though money coming into the Treasury isn’t what matters. Someone has to be punished in the process.”

Someone needs to ask an elected Democrat this simple question. If I could prove to you that lowering the top marginal rates while eliminating deductions and loopholes would result in more revenue coming into the federal treasury, would you vote for it?

You would be hard pressed to get a handful of Democrats to say yes. It is just like the minimum wage debate. Every economist, including Alan Greenspan, said raising the minimum wage would cost jobs and hurt the very people that liberals were claiming to help, but they did it anyway.

Facts don't apply. This is pure emotion.

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Joined
Sep '10
liberal jim

It is hard to believe anyone took this farce seriously.  One party proposes continued deficit spending at least until 2020, the other until h. freezes over any compromise would put the date long past the point that the markets would finance the debt at a sustainable rate.  The foolishness DC gives us now is not even entertaining.  Makes one long for Clinton and his sexcapades.  

raycon
Joined
Oct '10
raycon

Pure emotion? 

This is pure calculation, intended to deprive a once free people of their remaining freedom, with the Progressives in charge. 

We are in the process of being saddled-up, so we may be ridden by the self appointed Masters of the Horse.

Michael Tee
Joined
Jul '10
Michael Tee

I like this take.

The super-committee was destined to fail.

The King Prawn
Joined
Dec '10
The King Prawn

The last bit is most interesting:

Toomey thinks that the White House wasn't interested in the supercommittee succeeding. “Had we been successful, it would have totally stepped on the president's campaign theme--the only campaign theme he has," Toomey says. "He certainly can’t run on his own job performance. He’s trying to run against a do-nothing Congress."

As the debt and deficit spiral out of control the "leader of the free world" is playing political games to stay in power. I normally shy away from assigning motives for the other side, but they are making it increasingly difficult to refrain from the practice. As Drew notes in another topic, the supercommittee did everything it was supposed to; it got the debt ceiling past the next election. I appears to have also provided a theme song for Obama's campaign. I never imagined I would write these words, but Thomas Sowell was wrong.

tabula rasa
Joined
Jun '10
tabula rasa

Joe M:

Toomey says it was "troubling" that Democrats "didn’t seem very interested in accepting those kinds of revenues. It was as though money coming into the Treasury isn’t what matters. Someone has to be punished in the process.”

That's why they call it "class warfare."  The enemy must be defeated, then humiliated.


Joined
Apr '11
Peter Meza

 It's not about revenues, it's about "fairness". 

Mark Belling Fan
Joined
Sep '10
Mark Belling Fan

GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.

So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.

This exchange took place during the 2008 campaign. It shouldn't be a mystery where this guy is coming from.

DrewInWisconsin
Joined
Aug '11
DrewInWisconsin

I had to pop back in to my old internet-political-forum stomping grounds (before I was lucky enough to find Ricochet) to see what they were saying about this, and the buzz there is that the failure of the supercommittee is all Grover Norquist's fault.

Really.


Joined
Nov '10
Copperfield

Facts don't apply indeed. 

Case in point: In a Facebook "conversation" last night, I mentioned the Tea Party to a friend who had posted something about the moral equivalence between the Arab Spring & OWS, which solicited this response:

The tea party protests to me were about an addiction to consumerism fueled by the bush tax cuts that put us beyond the brink to begin with. These people got too used to their toys and trips to Costco and saw the writing on the wall that although they were paying historically very low taxes, they might not be able to buy jr. a new hummer next year because something had to change. That, and because they were being systematically fed complete corporate sponsored bull***t about the healthcare law that they were all too ready to lap up because they already had some strong biases. There are few parallels with the Egyptian Revolution there.

I left the thread.  My liberal friend supports the minimum wage and higher marginal tax rates as well.  How do we have informed conversations about anything with that world view?  I suppose an election really is the only way to sort this out.  Ugh. 


Joined
Nov '10
Copperfield

Facts don't apply indeed. 

Case in point: In a Facebook "conversation" last night, I mentioned the Tea Party to a friend who had posted something about the moral equivalence between the Arab Spring & OWS, which solicited this response:

The tea party protests to me were about an addiction to consumerism fueled by the bush tax cuts that put us beyond the brink to begin with. These people got too used to their toys and trips to Costco and saw the writing on the wall that although they were paying historically very low taxes, they might not be able to buy jr. a new hummer next year because something had to change. That, and because they were being systematically fed complete corporate sponsored bull***t about the healthcare law that they were all too ready to lap up because they already had some strong biases. There are few parallels with the Egyptian Revolution there.

I left the thread.  My liberal friend supports the minimum wage and higher marginal tax rates as well.  How do we have informed conversations about anything with that world view?  I suppose an election really is the only way to sort this out.  Ugh. 

LowcountryJoe
Joined
Jan '11
LowcountryJoe

I'm sorry.  But I think that conservatism has already lost when we have not moved beyond this whole notion that the treasury needs more money to fund more government.

LowcountryJoe
Joined
Jan '11
LowcountryJoe

Copperfield

The tea party protests to me were about an addiction to consumerism fueled by the bush tax cuts that put us beyond the brink to begin with. These people got too used to their toys and trips to Costco and saw the writing on the wall that although they were paying historically very low taxes, they might not be able to buy jr. a new hummer next year because something had to change. That, and because they were being systematically fed complete corporate sponsored bull***t about the healthcare law that they were all too ready to lap up because they already had some strong biases. There are few parallels with the Egyptian Revolution there.

My reply would have been: let's assume for a moment that you are correct about the consumerism at play within the Tea Party [I don't think you are but I'll play along]. Those people earned that income!  The OWS movement is demanding the same access, though they'll couch it in intangible things like no cost [to them] health care & education. But these people don't really want to go out and earn it by exchanging their labor for it.

The King Prawn
Joined
Dec '10
The King Prawn

Did we lose the debate on how much government we actually need? If so, then there's no use arguing about having to pay for it. When we can convince others that what we're being asked to pay for is not necessary then they will concede that paying for it is stupid.


Joined
May '11
Larry3435

DrewInWisconsin: I had to pop back in to my old internet-political-forum stomping grounds (before I was lucky enough to find Ricochet) to see what they were saying about this, and the buzz there is that the failure of the supercommittee is all Grover Norquist's fault.

Really. · Nov 22 at 9:14am

Yes, I've noticed that Grover Norquist is now the left's boogeyman of choice - responsible for all of the evils of the world.  He replaces the Koch brothers, who had a sterling run, lasting almost four months.  Only Rush Limbaugh and Glenn Beck lasted longer.  Boehner had a terrible run of about 2 days.  Among my other favorites:  the Chamber of Commerce, the Tea Party, Sarah Palin, Fox News, Dick Cheney, insurance companies, pharmaceutical companies, Sharon Engle, witches, Islamaphobes, people earning over $250,000 a year, Rand Paul, Ron Paul, possibly Chris Paul, people earning over $100,000 a year, pick-up trucks, Aqua Buddah (whoever that is), guns, bibles, people who cling to guns and bibles, and Thomas Jefferson.  And that's just since 2008 election.

CandE
Joined
Jul '11
CandE

Larry3435

DrewInWisconsin:

Yes, I've noticed that Grover Norquist is now the left's boogeyman of choice - responsible for all of the evils of the world.  He replaces the Koch brothers, who had a sterling run, lasting almost four months.  Only Rush Limbaugh and Glenn Beck lasted longer.  Boehner had a terrible run of about 2 days.  Among my other favorites:  the Chamber of Commerce, the Tea Party, Sarah Palin, Fox News, Dick Cheney, insurance companies, pharmaceutical companies, Sharon Engle, witches, Islamaphobes, people earning over $250,000 a year, Rand Paul, Ron Paul, possibly Chris Paul, people earning over $100,000 a year, pick-up trucks, Aqua Buddah (whoever that is), guns, bibles, people who cling to guns and bibles, and Thomas Jefferson.  And that's just since 2008 election. · Nov 22 at 11:02am

Don't forget the oil companies.  My industry a particular favorite because every summer prices go up and everybody knows it.

-E

Keith Preston
Joined
May '10
Keith Preston

At this point, it's hard to conceive of how this isn't going to end in a civil war.  They will keep demanding more money, and at some point we will stop sending it...and dare them to come get it.


Joined
Sep '10
civil westman

The operant emotion is disgust! The very existence of a so-called super committee was an artifice and all but screamed that governance in the US has failed. As the federal government at large shirks its enumerated powers and seizes powers it legitimately lacks, so the congress fails in its prime responsibility to make choices all the while dithering and politically posturing.


Joined
May '11
Larry3435
Keith Preston: At this point, it's hard to conceive of how this isn't going to end in a civil war.  They will keep demanding more money, and at some point we will stop sending it...and dare them to come get it. · Nov 22 at 1:24pm

I think the phrase you're looking for is, "Who is John Galt?"


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