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Judd Gregg on Obama's tax deal

by: susanthe

Wed Dec 08, 2010 at 20:08:09 PM EST
NHPR

When the president reached out to the GOP agreed to extend tax cuts for the wealthiest Americans for the next two years. he didn't quite win over Republican Senator Judd Gregg.
"I have reservations."
Gregg says the bill is too costly because its extension of unemployment benefits will increase the deficit, though he's leaning in favor of it.

That extending the Bush tax cuts to millionaires will increase the deficit  isn't even a consideration.  Extending unemployment benefits to folks who can't find work, now that's  the problem, that's going to increase the deficit.  
susanthe :: Judd Gregg on Obama's tax deal
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Judd Gregg on Obama's tax deal | 4 comments
And... (4.00 / 1)
the billions that will go to the rich and add to our deficit will not filter into the economy, while the UI benefits will go immediately into the economy.

But he's Very Serious!

birch, finch, beech

This is just an end-zone dance. (4.00 / 1)
They beat Obama, they are crowing.
aw c'mon you guys (0.00 / 0)
my phone's been ringing off the hook all day long with calls from Serious Millionaire Job Creators, just dying to  hire me.  

sanctimonious purist/professional lefty
First of all, legislation having to do with money is (0.00 / 0)
supposed to originate in the House.  When the Executive is proposing monetary legislation, it means the House has abrogated its duties.  But, that's not really news.  The Congress has abrogated its duties rather generally.  Indeed, the whole privatization movement can be seen as an abrogation of Congressional obligations to serve as stewards of our public assets and resources.
Candidates for these offices behaving as if they were in a popularity contest facilitates this abrogation by distracting the public from the real objective -- selecting competent representatives to manage the public purse.

If our public assets were properly managed, it wouldn't be necessary to put large segments of the population on the dole.  If public and private entities entrusted with exclusive access and use of our assets and resources were satisfying the obligation to share the fruits thereof on an equitable basis with those who labor and produce, then it wouldn't be necessary to distribute supplements from the public granery, except on rare emergency occasions.  Having one in five people on some sort of dole is a shame.
Somebody needs to explain to the claimants of private property that exclusive use (a guarantee that the property won't be claimed by anyone else) comes with the obligation to share the fruits of that use.  Deprivation cannot be a permitted attitude.
Of course, it's difficult to insist on the sharing of material assets when the ownership of property serves as a sop to compensate for the fact that individual human rights are ignored by default and only the "owners" of property have any security at all.
Increasingly, it seems like "ownership" has been and continues to be the American original sin.  Freedom is not an original state; it is something that has to be bought or secured.

"Freedom is obedience to the law."

Judd Gregg on Obama's tax deal | 4 comments

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