Deal on Debt Crisis Should Refocus Washington

August 1, 2011 RSS Feed Print
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Believe it or not, things actually happened in the past few weeks other than the entirely self-inflicted debt ceiling crisis that appears to have been resolved on Capitol Hill. The question now is whether Congress will be able to turn its attention to matters that are causing discord and pain all on their own.

On the plus side, the announcement of the resignation of Rep. David Wu barely made a ripple in the national media. Wu–who had been behaving erratically for some time and who had already announced he was not running for reelection–had to cut his term short after charges of sexual misconduct involving a young woman in his home state. And while Wu's alleged transgressions should not be ignored, they are nowhere near as important as the question of whether the country will continue to pay its bills. Wu didn't even keep quiet during the debt debate (he said he would stay on until the debt legislation was done), issuing a statement that said:

It's ridiculous and sad that Democrats are in a position of defending such a draconian, anti-stimulus bill—but we lost the high ground when President Obama caved last December on extending tax cuts for the wealthy. I think we can do better than the plan that was presented.

Wu’s statement isn't going to change the Wikipedia summations of his career—he's still a guy who had to leave office because he was behaving badly, at the very least. But it’s healthier for the democracy to keep attention on the nation’s finances instead of the antics of one odd lawmaker. [See the month’s best political cartoons.]

The attacks in Norway received some attention, but got shunted to the inside pages during the height of the debt battles. That's understandable, given that the looming fiscal meltdown had a more immediate and direct impact on U.S. readers. But the tragedy should be studied and revisited many times as we figure out how we are going to deal with hate crimes, immigration and multiculturalism.

But lawmakers overwhelmingly say they are eager to get back to what the country really wants them focused on—jobs. As important as the debt and deficit are, voters are far more anxious about the employment situation, congressmen say. They are sure to hear that message loudly when they return to their districts for the bulk of the month. There are fewer political points to make when drafting a jobs package. Let's hope Congress is too exhausted from the political theater of the debt debate to care.

Tags:
debt,
Congress,
deficit and national debt,
unemployment,
politics

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But you answer all my previous points in comment and I'll explain cause of recession.

"most objective thinking people " is not worth a wooden mill.

___

July 14, 2011

"Republican Candidate" Extends Lead vs. Obama to 47% to 39%". Expect more loss for berry.

http://www.gallup.com/poll/148487/republican-candidate-extends-lead-obama.aspx

brucetee_ 1. says "to take such a below the belt shot at someone( in this case rep.giffords ) that has gone through the experience that she has endured over these past months.shows you as not only as insensate,but a classless individual. "

Here is my comment:

Wonderful footnote. Shot AZ Senator Giffords voted just now for passed debt ceiling bill…

Sniffing paint can fumes again ???

_____

2. "as to the wiconsin recalls,the answers will be known the evening of august 9th 2011. i like the dem's chances". You noted a poll as proof.

You recently was bragging, until I pulled up THE POLL. One Dem. up 2 %. One Rep. up 4 %. One Rep. up 5 %.

_____

Debt per person_ $$$ 800,000

We did not raise taxes on cigs to gain revenue. Did to cut down on smoking. Raise too much will grow my own tobacco or go out in woods a find something else better to smoke. High taxes changes behavior, not always as expected by liberals. Is understood by most conservatives.

Clinton raised taxes on Yacht to gain revenue. Direct opposite occurred. Tax was repealed. Clinton raised income tax, more revenue occurred with Newt’s tax cuts. Liberals seem to ALWAYS to forget those cuts.

You will hear of Reagan’s tax increases by liberals. Not the fact that for every $$$ 1 increase on taxes, tax cuts was $$$ 2.00.

I hear Bush’s tax cuts cost government revenue. When CBO said increased by 4.06 %.

I hear liberals say_ debt _when tax cuts are imposed. They fell to note revenue grew. Debt comes from overspending.

One last liberal point. Now no job creation while companies have all this profit. BLAME OBAMA:

“Harmful Spending & Complexity”

“Lower tax rates are important, but they are not the only critical issue. Both the level of government spending and where that money goes are very important. And even when looking only at tax policy, tax rates are just one piece of the puzzle. If certain types of income are subject to multiple layers of tax, as occurs in the current system, that problem cannot be solved by low rates. Similarly, a tax system with needless levels of complexity will impose heavy costs on the productive sector of the economy.”

http://www.heritage.org/r.....-tax-rates

I can not afford to pay my share of debt. Going to have to undo obama’s legislation. Let this economy GROW. Reduce my share of debt.

_____

Wonderful footnote. Shot AZ Senator Giffords voted just now for passed debt ceiling bill…

Bill Hedges of MO 2:19AM August 02, 2011

hey billy you should stop trying to rewrite history.most objective thinking people know that this economic slide started under the stewardship of george bush.a financial guru he was not.

having to navigate turbulent waters,thanks to the republicans,sen reid has done the best he can since taking over as majority leader.the recalcitrant republicans have opposed most every thing that he,and the democrats have tried to do in moving the country foreward.

as to your comment on rep.giffords,i mistook the meaning of your comment. and for that i apologize.

bruce b of NV 12:32AM August 02, 2011

July 14, 2011

"Republican Candidate" Extends Lead vs. Obama to 47% to 39%". Expect more loss for berry.

http://www.gallup.com/poll/148487/republican-candidate-extends-lead-obama.aspx

brucetee_ 1. says "to take such a below the belt shot at someone( in this case rep.giffords ) that has gone through the experience that she has endured over these past months.shows you as not only as insensate,but a classless individual. "

Here is my comment:

Wonderful footnote. Shot AZ Senator Giffords voted just now for passed debt ceiling bill…

Sniffing paint can fumes again ???

_____

2. "as to the wiconsin recalls,the answers will be known the evening of august 9th 2011. i like the dem's chances". You noted a poll as proof.

You recently was bragging, until I pulled up THE POLL. One Dem. up 2 %. One Rep. up 4 %. One Rep. up 5 %.

_____

Debt per person_ $$$ 800,000

We did not raise taxes on cigs to gain revenue. Did to cut down on smoking. Raise too much will grow my own tobacco or go out in woods a find something else better to smoke. High taxes changes behavior, not always as expected by liberals. Is understood by most conservatives.

Clinton raised taxes on Yacht to gain revenue. Direct opposite occurred. Tax was repealed. Clinton raised income tax, more revenue occurred with Newt’s tax cuts. Liberals seem to ALWAYS to forget those cuts.

You will hear of Reagan’s tax increases by liberals. Not the fact that for every $$$ 1 increase on taxes, tax cuts was $$$ 2.00.

I hear Bush’s tax cuts cost government revenue. When CBO said increased by 4.06 %.

I hear liberals say_ debt _when tax cuts are imposed. They fell to note revenue grew. Debt comes from overspending.

One last liberal point. Now no job creation while companies have all this profit. BLAME OBAMA:

“Harmful Spending & Complexity”

“Lower tax rates are important, but they are not the only critical issue. Both the level of government spending and where that money goes are very important. And even when looking only at tax policy, tax rates are just one piece of the puzzle. If certain types of income are subject to multiple layers of tax, as occurs in the current system, that problem cannot be solved by low rates. Similarly, a tax system with needless levels of complexity will impose heavy costs on the productive sector of the economy.”

http://www.heritage.org/r.....-tax-rates

I can not afford to pay my share of debt. Going to have to undo obama’s legislation. Let this economy GROW. Reduce my share of debt.

_____

Wonderful footnote. Shot AZ Senator Giffords voted just now for passed debt ceiling bill…

Bill Hedges of MO 11:47PM August 01, 2011

Susan Milligan

Susan Milligan

Susan Milligan is a political and foreign affairs writer and contributed to a biography of the late Sen. Edward M. Kennedy, "Last Lion: The Fall and Rise of Ted Kennedy." Follow her on Twitter @MilliganSusan.

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