Budget talks: This is getting nasty

And JFK would recognize today's Democrat(ic) Party?

 

"Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government."

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

 

Top Marginal Tax Rate, 1963: 91%

 

First off, that's a classic distinction without a difference.

Second, you need to see more of the board.

Even if we grant most of what you say, and I will for the purposes of this point, all that ends the second the market shits itself.

People WILL blame the GOP for this -- rightly so, because it is their fault. The second that becomes not an abstraction, but rather a matter of people's retirement accounts taking a major hit, the GOP will be much, much more desperate for a deal than Obama is or ever has been.

My guess is that's Monday when the market opens.

The GOP was never going to get a better deal than they got offered Friday. And I will say again, any SANE party who had ANY interest in governing would have taken it.

 

HAHAHAHAHA Andrew Sullivan a conservative???? Right. Guy endorsed John Kerry and Barack Obama and is #19 on Forbes Magazine's Top 25 most influential liberals. He is infatuated with Obama. Not surprising at all that he is flapping his gums against the Repubs. Give me a break.

 

He does subscribe to a lot of conservative ideals, fiscally (which BG pointed out).

Socially, it's different. Forbes explained this pretty accurately ...

"His advocacy for gay marriage rights and his tendency to view virtually everything through a "gay" prism puts him at odds with many on the right."

 

Context is a wonderful thing, isn't it?

 

You do not endorse Barack Obama if you are a fiscal conservative. You don't come close to thinking about considering endorsing Barack Obama if you are a fiscal conservative.

 

Couldn't Sullivan be a fiscal conservative whose election decisions are driven more by social politics? Maybe he chose Obama for that. I don't know.

He's a fiscal conservative who doesn't like Republican tactics in these debt reduction discussions, why is that hard to put together?

 

there's another reason too but we dare not speak it -- it might hurt somebody's feelings.

 

Christopher Buckley, Colin Powell and Dan Rooney, among many others, say you're full of shit.

Oh, and Warren Buffett too.

 

zzzzzzzzzzzzzzzzzzzzz....