U.S. Budget & OBBB | OCT 1 - Gov’t Shutdown Begins

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Somewhat strangely, Jake Tapper had a text interview with Trump today:

 
nycfan said:
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One of the major, keystone, concepts of American democracy and our system of government has been that to get things done all sides need to be willing to compromise. Our Constitution wouldn't exist without a series of compromises (some notorious, such as those over slavery) but our system of checks and balances and separation of powers and federalism were all designed to make it extremely difficult for one group or side to totally dominate the government and just ram through whatever they want without other groups and sides having any input.

And yet that's exactly what Republicans want and have brought us to - gain total control of all branches of the government and then ram through everything they want while not only giving Democrats no say or voice in the government whatsoever, but actually rubbing their noses in the fact that have no say or voice in policymaking or anything else. What Thune is really saying, whether he or other Trumpers admit it or not, is that we now have government by blackmail. Government-led blackmail and bullying of anyone who opposes or even criticizes them, a total breakdown of checks and balances and separation of powers, and a very aggressive move towards permanent one-party, really one-man rule. Somewhere the Framers of our Constitution are rolling in their graves.
 
nycfan said:
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Just more evidence (out of an endless amount) that underneath all of his bluster and bullying he is an extremely insecure man, as are most of his minions and supporters. Can't handle even mild criticism or bad news whatsoever. Every single news outlet - all of them everywhere - have to be 100% kissing his ass at all times, or else they're just fake news that hates him. Snowflakes indeed.
 
ZenMode said:
If a balanced budget is bad, then it stands to reason that you believe continuing to grow the national debt is a good idea?
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I didn't speak precisely. It's not the balanced budget that is bad per se (although there is a question of what the world would use as a risk-free security for collateral if the US stopped issuing debt, but that's a different topic); it's everything that would be required to get there.

Almost everyone in the world finances with debt (even orgs that follow sharia law find ways to get around its "no interest" principles). Debt is not bad. It all depends on whether you can service it -- just like a home mortgage. And as long as the servicing costs grow more slowly than the economy, we are fine.

That isn't true right now, which is why I favor deficit reduction. But there's absolutely no reason to go to zero. To put it differently: there's an optimal deficit. A number that would give the highest return on investment without overly burdening future finances. That number is almost certainly above zero. It's also almost certainly below what we have today. It's probably closer to today's level than to zero, but that's an empirical question and I don't have particularly good insight into that so this last point is intuition.
 
ZenMode said:
Chris Cuomo calling out Hakeem for his lies.

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Chris Cuomo is wrong. He doesn't understand what Jeffries is saying. If the CR doesn't contain safeguards against executive misuse, then it's not clean at all. It turns Congressional appropriations into an exercise of Trump's whims. There's nothing clean about it.

I know you so desperately want to both-sides because it is central to your identity, but citing Chris Cuomo as some sort of budgetary expert isn't going to get there. I know vastly more about public finance than he does, and you don't seem to take my word for anything.
 
superrific said:
Chris Cuomo is wrong. He doesn't understand what Jeffries is saying. If the CR doesn't contain safeguards against executive misuse, then it's not clean at all. It turns Congressional appropriations into an exercise of Trump's whims. There's nothing clean about it.

I know you so desperately want to both-sides because it is central to your identity, but citing Chris Cuomo as some sort of budgetary expert isn't going to get there. I know vastly more about public finance than he does, and you don't seem to take my word for anything.
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"Clean" means it's unchanged from the previous one that Dems supported.
 


“… we have a record setting economy … prices are way down, we’re doing better than the country’s ever done and the Democrats hate seeing that. It’s up to them. Anybody laid off it’s because of the Democrats.”
 
superrific said:
Chris Cuomo is wrong. He doesn't understand what Jeffries is saying. If the CR doesn't contain safeguards against executive misuse, then it's not clean at all. It turns Congressional appropriations into an exercise of Trump's whims. There's nothing clean about it.

I know you so desperately want to both-sides because it is central to your identity, but citing Chris Cuomo as some sort of budgetary expert isn't going to get there. I know vastly more about public finance than he does, and you don't seem to take my word for anything.
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Chris Cuomo fucked up his career by supporting his POS brother and now he's joined the right-wing propaganda media as his new career.

I think we can add Cuomo to the list of folks who are no longer worth taking seriously.
 
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