Republicans' incessant anti-tax rhetoric and Billionaires' constant bashing of the president (though they're doing better than ever), combined with the chronic cowardice of Democrats in DC are leading us to an inevitable date with Bolwes-Simpson style Economic Austerity with the endorsement of President Obama:
President Obama sounds like a man in love -- in love with deficit reduction, that is. He sleeps, eats and dreams about the Grand Bargain, but only wants to draw the line at defense cuts? Doesn't sound like a man of the people!
President Barack Obama said on Friday a bipartisan panel's deficit reduction recommendation went too far on spending cuts, especially for defense, but set the right tone by also proposing revenue increases.
Obama said the plan put forward by the bipartisan Simpson-Bowles commission - and held out by some as a model compromise that distributes the pain evenly - cut defense spending too deeply.
"They wanted ... defense cuts that were steeper than I felt comfortable with as commander in chief," he said.
Not Social Security. Not Medicare. Not Medicaid. Not the things that people who are already spread too thin need just to stay alive. I wonder why?
The president, who is in a tight re-election battle with Republican challenger Mitt Romney, said he would be eager to re-engage congressional Republicans in negotiations to achieve a broad deficit reduction deal right away. A deal could be accomplished in as little as four months, he said.
"I've said to folks, I'll wash (House Speaker) John Boehner's car, I'll walk (Republican Senate leader) Mitch McConnell's dog, I'll do whatever is required to get this done," Obama said in an interview with radio host Michael Smerconish that was released on Friday.
Sounds like a serious case of Stockholm Syndrome.
If the Grand Bargain is enacted as Obama, Udall, Bennet, Senate Republicans, and 99% of the 1% see it, we will have a permanent military-industrial complex that runs our government and that guaratees itself the vast majority of this nation's wealth from here to eternity.
The Middle Class will be a sad joke in history books written by the Koch Brothers' Educational Institute for True Democracy.
And it will all have been done by members of the Democratic Party who betrayed their constituents and who rejected the most illustrious proponents of its democratic progressivism, the creation of the Middle Class, and their historic predecessors like FDR, Harry Truman and Lyndon Johnson. |