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better late than never, even if it's too late for most people...,
2011-08-10 02:34:47
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shock doctrinal...,
2011-08-13 18:51:24
the magical land of matt bai:
Why does Matt Bai have a job at the New York Times? It's obvious he doesn't read the paper or pay any attention to the news. He despairs of the awful partisan rancor that makes it harder for our leaders to join together in fucking us in the goatass with unity:
You could have put a lot of Washington Democrats up on that stage, and asked them if they would have accepted $10 in new taxes or new stimulus in exchange for $1 in cuts to Social Security, and you probably would have gotten much the same response: hell, no.
Obama *just* offered the same cuts to social security that his half-democrat debt commission did, a .03% reduction per year in the COLA, reducing SS by some $112B over the next 10 years (and much, much more in the infinite horizon by which social security is routinely, mistakenly declared bankrupt, thanks to the wonders of compound interest). He offered that $112B in cuts in exchange for an increase of... $1T in new tax revenue over the same period. That's a $1.12 cut to $10 in revenue. The Democrats just fucking offered exactly what Matt Bai postulates here and it was the Republicans, bless them, who said hell no.
:: posted by buermann @ 2011-08-12 13:52:49 CST |
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