So the Democrats compromise with SS cuts

[edhopper]

And the Republicans compromise by getting MORE tax cuts for the rich. WTF?

Why do we have to choose between a radical GOP plan and a "moderate" GOP plan.

Just as in Health Care, a true Democratic, progressive plan it not even considered by Obama. Even though it the one that works best.

Not renewing the Bush Tax Cuts would solve most of this problem. But that is off the table. Given away by Obama without a fight. (rope-a-dope my ass)

But the Republicans have found a way to pay for it, go after SS and Medicare. And Obama thinks that is fine.

Facts and sound economics don't seem to matter, as long as the plan is conservative enough.

[mmonk]

1. "New Democrats" (to answer your question).

[ThomWV]

2. How dare you call them Democrats?

I don't know what we have in Washington, but there sure aren't many Democrats there nowadays.

[jtown1123]

4. There are some. But their number is meaningless and they have little power :(

[pwb]

3. Tax cuts for Corporations create Profits not jobs

If the last ten years have taught us anything.

[chelsea0011]

5. It is bizarre, isn't it.

The Dems cave on SS, mortgage deductions, and family child deductions, and the wealthy get a 35% to 29% tax break. The new compromise, I guess.

And I will be interested in the mortgage deductions in income tax free states where high property taxes fund the states. The people who live in these states always say the mortgage deduction makes the high property tax rate feasible.

[edhopper]

6. And notice the

revenue increase is from the middle class home owners.
The Rich get to keep more of their income.
If the idea is to balance the budget, why do they pay LESS?
And closing corporate loopholes? Corporations don't pay taxes anyway!

[bvar22]

7. That is the overall plan:

How It Works

[vi5]

8. Obama was goin to get these cuts no matter what...

He's been salivating over them.

Nobody asked for the Catfood Commission. He initiated that on his own and stacked his choices with anti-SS people.

When they advocated....surprise!! Social Security cuts, the problem ended up being that the didn't have concensus so it couldn't be implemented.

But.....surprise again!!!.....Here is is under "duress" pointing to this plan as a great example with......SURPRISE!!!!!...Mirrors the catfood commission recommendations that he couldn't get through the normal channels.

[QC]

9. Exactly. There is nothing shocking, or even mildly surprising, here. n/t

[gratuitous]

10. Well, they're closing a whole bunch of loopholes

Which will get reopened in no time flat. Cuts in social security benefits, however, will last for the rest of my life, your life, and our kids' lives down to the nth generation.