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Sequester reductions remain intact

justoffal

Senator
Oddly we owe the most significant piece of financial wisdom in the past fifty years to the Obama administration. It's just possible that this was the whole point of Valerie Jarrett's shutdown and that would be to reverse the very cuts that Obama had sworn to uphold come hell or high water. He wants out of those cuts badly because it strangles the growth of the progressive wing and their ability to continue to buy new influence.

Fortunately for the nation the Democrats were unable to shake the sequestration and it continues to be a healing force in our economy;
And once again you can credit Obama with that though he is kicking himself right now for making a law out of that anti-socialist beast. :)

Miscalculate on that one did ya Mrs. Jarrett?

The right will suffer too....but the right has something to fall back on that is anathema to the left .... traditional values.

The GOP....the slobbering, blundering, weak kneed, two faced, inept and cowardly GOP has a few bright and shining stars on the Horizon....18 in the Senate and about sixty in the house. This number will grow over the course of the next three election cycles to a tenable voting block capable of starting or stopping anything in the legislature.

Don't look now...both lefties and righties but your lawmakers just shit on you again by making the eleventh hour deal to keep the illegal congressional exemption which means that they will not be taxed on their employer contribution to their health care nor will they be penalized for uninsured family members ( not sure why they would have any of those but still) like the rest of the country is.

That is just flat out amazing.....what is more amazing is how we let them get away with it. But once again the mock battle between the two sides becomes a love affair for people who have more similarities than differences and that would be the DC plutocrats who call themselves the Democrats and the Republicans....there's no argument between them when it comes to their wallets.

As for the debt ceiling in its many Amorphous conceptions it really is very simple....getting a larger line of credit so we can spend even more....

If the GOP dried up and vanished into oblivion tomorrow the argument would soon return with democrats on both sides of the issue and would soon become just as heated because it simply must. Democrats aren't totally irresponsible just mostly....and eventually the more conservative branch of the democratic party would make the same argument that the GOP is making now.

Obama will be retired and chasing gay lovers around the house in Hawaii long before that happens but he will be able to watch from the big screen in his living room as his political descendants argue about the money problems that he as well as his predecessor GWB left the nation with.

Been to the grocery store lately? Notice how the prices have skyrocketed? Well the Government won't admit that this is an inflationary signature but there's no need to fight over semantics when everyone agrees that prices are indeed rising. Anyone here care to argue that point?

As the debt grows in size and the interest payments grow along with it the purchasing power of each individual dollar unit is corroded away by that debt. Thirty cents of every unit is debt that is unavailable to make a purchase with but you still have to earn 100 of those cents...if you're not a government leech that is.

To compensate for this disparity the retailers know they have to change the price numbers on their goods in order to get the 100 cents out of the dollar....if they need a dollar for an item ....they need to price it at approximately $1.30 in order to get that dollar. This effect is inflationary for the consumer but not for the government because the government knows that the price disparity is debt oriented and so they choose not to call it inflation...but to the average consumer it is inflationary.

This trend is not going to stop on it's own anymore than a pedophile will voluntarily correct himself. The nation is addicted to borrowing in order to buy political influence and with each successive season the price of influence goes up and so does the need to borrow to maintain that social drug habit. So as you can see the argument is not political it is simply and pragmatically financial and it will be back no matter who the political parties are.
 
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i gave this a like. allowing the sequester agreement to continue until a real budget agreement is reached is essential

There will never be an agreement on the budget...both parties know that this locks them into a position and at this point I don't think either one want's to commit. As long as the sequestration cuts continue it more or less throws water on the flames for permanent change and is probably the only way we will get even close to a balanced budget.

I'm not sure if Jarrett was on vacation when Obama beat his chest in front of the nation and agreed to the sequestration cuts even going so far as to say that he would veto anything that tried to circumvent those cuts......but it is clear that they want out of those cuts very badly.


JO
 
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