Simpson, Bowles Blast D.C. on Deficit | Drudge Retort

Thursday, February 21, 2013

Simpson, Bowles Blast D.C. on Deficit

After failing to get Washington to accept their original deficit reduction plan in 2010, former Sens. Alan Simpson (R-Wyoming) and Erskine Bowles (D-N.C.) are rolling out a revamped plan and ripping Congress and President Barack Obama for inaction on spending. "They haven't done any of the tough stuff, any of the important stuff, they haven't reformed the tax code ... they haven't done anything to slow the rate of health care to the rate of growth of the economy, they haven't made Social Security sustainably solvent," Bowles said. "There's about $2.4 trillion more of hard work we've gotta do."

Posted by rcade at 08:59 AM | 36 COMMENTS | permalink | Comment on This Entry |

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Admin's note: Participants in this discussion must follow the site's moderation policy. Personal attacks, profanity, abusive conduct and expressions of prejudice are not allowed. If you have comments about site moderation, contact the site publisher in email.

You're usually a Republican blamer RCADE. Why would you link this up?

#1 | Posted by Huguenot at 2013-02-21 10:01 AM | Reply | Flag:

Because he's not a hack?

#2 | Posted by Doc_Sarvis at 2013-02-21 10:02 AM | Reply | Flag:

HUGO -

Per another thread, are you going to release your alleged correspondence with Kathleen Parker. You know, those emails that'll show us what a smart guy you are and what a dunce the syndicated columnist is?

#3 | Posted by Doc_Sarvis at 2013-02-21 10:03 AM | Reply | Flag:

Hey Simpson and Bowles, how much are you receiving in retirement pensions and how much are us taxpayers paying for your healthcare?
Perhaps if rich guys like y'all paid more in taxes to pay for the unnecessary wars we wouldn't be in this mess.

#4 | Posted by danni at 2013-02-21 10:04 AM | Reply | Flag:

"10,000 [Americans] a day are turning 65," says the former senator from Wyoming. "This is madness. And life expectancy is 78.1, and in 5 years will be 80. Who is kidding who? This will eat a hole through America."

That will be just enough common sense for one day around here, Now back to your regularly parroted chorus of Dems pointing out that we don't have a spending problem we have a paying problem.

#5 | Posted by paneocon at 2013-02-21 10:12 AM | Reply | Flag:

" And life expectancy is 78.1, and in 5 years will be 80. "

That's unlikely. Life expectancy will fall just like it did in the old Soviet empire as it crumbled.

#6 | Posted by nullifidian at 2013-02-21 10:14 AM | Reply | Flag:

The sequester is a budget crises created by Obama himself.

#7 | Posted by HeuristicGratis at 2013-02-21 10:20 AM | Reply | Flag:

#4 No no no Danni. What they get is unimportant. What is important is that retired people that get $15,000 per year in social security share the pain.

#8 | Posted by 726 at 2013-02-21 10:27 AM | Reply | Flag:

#7 LOL, you got 1/3 of that right.

#9 | Posted by 726 at 2013-02-21 10:28 AM | Reply | Flag:

"10,000 [Americans] a day are turning 65," says the former senator from Wyoming. "This is madness. And life expectancy is 78.1, and in 5 years will be 80. Who is kidding who? This will eat a hole through America."

Jeepers that is why the social security reform in the 1980's generated a $2.7 trillion surplus. It was Congress that squandered it. Now these asshats want the middle class pay for it again.

Typical.

#10 | Posted by 726 at 2013-02-21 10:30 AM | Reply | Flag:

The sequester is a budget crises created by Obama himself.

Within two days, the Budget Control Act -- a debt limit hike, a wave of nearly $1 trillion in spending cuts, and the sequester -- was overwhelmingly passed by Congress and signed into law by Obama. "When you look at this final agreement that we came to with the White House, I got 98 percent of what I wanted," Boehner told CBS News at the time. "I'm pretty happy."

That is the Boehnerquester to you.

#11 | Posted by 726 at 2013-02-21 10:33 AM | Reply | Flag:

Hey Simpson and Bowles, how much are you receiving in retirement pensions and how much are us taxpayers paying for your healthcare?

Yeah, if only we took away the pensions of 500 legislators, our multi-trillion dollar deficits would be solved!

At least you're on the right track, Danni. Spending is indeed the problem.

#12 | Posted by JOE at 2013-02-21 10:34 AM | Reply | Flag:

#11 Obama came up with the proposal. This was his proposal, to which he has offered limited solution.

#13 | Posted by HeuristicGratis at 2013-02-21 10:34 AM | Reply | Flag:

"Life expectancy will fall just like it did in the old Soviet empire as it crumbled."

I think it will too.

www.medicalnewstoday.com

#14 | Posted by eberly at 2013-02-21 10:41 AM | Reply | Flag:

What do you think Barry's Air Force One bill is for the last 4 years? The environmental impact of burning millions of pounds of Jet fuel? You could fix three major problems by just nailing the doors of the oval office shut.

#15 | Posted by paneocon at 2013-02-21 10:42 AM | Reply | Flag:

"Jeepers that is why the social security reform in the 1980's generated a $2.7 trillion surplus"

really? let me check how many times you were crying over on the "I hate Reagan" thread.

#16 | Posted by eberly at 2013-02-21 10:43 AM | Reply | Flag:

Life expectancy will fall just like it did in the old Soviet empire as it crumbled.
#6 | POSTED BY NULLIFIDIAN

The Death Panels will see to it. Old people stacked up like cord wood in the morgues till democrats balance the budget.

#17 | Posted by paneocon at 2013-02-21 10:43 AM | Reply | Flag:

#16 | POSTED BY EBERLY

Nicely played!

#18 | Posted by paneocon at 2013-02-21 10:44 AM | Reply | Flag:

"What do you think Barry's Air Force One bill is for the last 4 years?"

Don't know. I mean, it's got to be a lot, considering Bush spent $20 million flying to his converted pig farm in Texas (www.politicususa.com).

#19 | Posted by Doc_Sarvis at 2013-02-21 10:53 AM | Reply | Flag:

"Perhaps if rich guys like y'all paid more in taxes to pay for the unnecessary wars we wouldn't be in this mess."

Danni tenet #4: Tax the rich!

Damn, just like a bothersome seagull...Tax the rich! Tax the rich! Squawwwwwk, screeeech....tax the rich!

Even YOU should grasp this simple argument.

www.youtube.com

#20 | Posted by jestgettinalong at 2013-02-21 10:57 AM | Reply | Flag:

"Don't know. I mean, it's got to be a lot, considering Bush spent $20 million flying to his converted pig farm in Texas (www.politicususa.com)."

Interesting...knows how much Bush spent in eight years for travel, doesn't know how much Barackus Caesar spent during the last four. Any hypocrisy here, any double standard? Nawwwww, not the uniDoc. Besides, he probably doesn't pay any taxes anyway and admires the frugality of the GAO.

#21 | Posted by jestgettinalong at 2013-02-21 11:03 AM | Reply | Flag:

Obama owns the sequester in spite of what Doc, Danni, and Corky would like to believe. The problem is not the amount of the sequester but how poorly it was thought out. There was no thought to how to implement the spending decrease of the spending increase and therein lies the problem.

#22 | Posted by matsop at 2013-02-21 11:20 AM | Reply | Flag:

we wouldn't be in this mess.

#4 | Posted by danni at 2013-02-21 10:04 AM | Reply

At the base of why we're in this mess is the Federal Reserve and the bankers that hold this country in the palms of their hand and with the acquiescence of all past congress's and POTUS's including the current WH denizen.

#23 | Posted by matsop at 2013-02-21 11:23 AM | Reply | Flag:

"Obama owns the sequester in spite of what Doc, Danni, and Corky would like to believe."

Doc knows better but is too fascinated with HuffPo and Klukman to say so. Danni is too stupid to figure it out and Corky is just way, way deep in the tank for Barackus Caesar while waiting for his true-love "progressive" sweetheart to run in 2016.

#24 | Posted by jestgettinalong at 2013-02-21 11:36 AM | Reply | Flag:

"It was the White House. It was Obama and Jack Lew and Rob Nabors who went to the Democratic Leader in the Senate, Harry Reid, and said, '(the sequester) is the solution.'" -Bob Woodward

#25 | Posted by AKat at 2013-02-21 11:49 AM | Reply | Flag:

""It was the White House. It was Obama and Jack Lew and Rob Nabors who went to the Democratic Leader in the Senate, Harry Reid, and said, '(the sequester) is the solution.'" -Bob Woodward"

Then they went to John Boehner and held a gun to his head to make him pass it.

#26 | Posted by danni at 2013-02-21 12:12 PM | Reply | Flag:

Its the Wars stupid!

By the rich, for the rich, but not paid for by the rich.

We are expected to die and pay for it.

#27 | Posted by Prolix247 at 2013-02-21 12:15 PM | Reply | Flag:

in spite of what Doc, Danni, and Corky...
#22 | Posted by matsop

Soooo deep in your noggin I'm surprised the neighbors don't complain about the noise. ROTFLMAO!

#28 | Posted by Doc_Sarvis at 2013-02-21 12:47 PM | Reply | Flag:

You gotta be $hitting me! Two Obama appointments, Morgan Stanley director Erskine Bowles and former senator Alan Simpson are still claiming an arbitrary deficit reduction of below 70% of GDP is needed to save the economy. Where did the 70% number come from, divine inspiration? Japan has a debt-to-GDP ratio of more than 200% and can still borrow long term at just 1%. It was pulled out of you know where in the endless war on labor.

Bowles and Simpson also ignored demands to tax Wall Street while Europe moves ahead with a financial speculation tax. For some reason taxing Wall Street never appears in any US plans, even though high speed trading constitutes 70% of all trading and has nothing to do with free markets. It's a profits skimming machine.

While reducing defense spending is a good idea, that is not the purpose of this charade, nor has it, nor will it happen. The deficit is high because the economy collapsed when the housing bubble burst. Serious people should talk about getting the economy back on its feet and re-employing the millions of people who lost their jobs. Bowles and Simpson talk about debt-to-GDP ratios.

#29 | Posted by nutcase at 2013-02-21 02:11 PM | Reply | Flag:

let me check how many times you were crying over on the "I hate Reagan" thread.

#16 | POSTED BY EBERLY AT 2013-02-21 10:43 AM | FLAG:

Still doesn't change the fact that the Social Security reform in the 1980's generated $2.7 surplus of social security withholdings.

Or are you arguing otherwise?

St Reagan said it best when he pointed out that Social Security does not add to the deficit.

#30 | Posted by 726 at 2013-02-21 02:27 PM | Reply | Flag:

So danno what exactly are the lefts plans to avoid sequester? Has harry reid floated one yet or the President?

All this criticism as usual, accepting no responsibility, refusing any compromise!!

#31 | Posted by DavetheWave at 2013-02-21 06:31 PM | Reply | Flag:

America's seniors are the richest demographic in the history of the world, in any country. We don't means-test SS or Medicare, and now entitlement spending is crowding out every other line item on even Obamulus' budget plans.

This is a problem for conservatives, but a catastrophe for liberals. If you really want the bullet trains, so-called "investments" in education and infrastructure and clean energy, there's only one way to do it, and that's by figuring out what to do with entitlement spending.

I don't want the federal government doing those things anyway, so I don't care. Keep sending more and more money to my mom and dad for all I care. They don't need it. They stick it in the bank, and it'll get back into my pocket, eventually. And you'll still won't have fast choo-choo trains.

#32 | Posted by uglyblinddate at 2013-02-21 07:25 PM | Reply | Flag:

You'll still not have, should have been.

#33 | Posted by uglyblinddate at 2013-02-21 07:26 PM | Reply | Flag:

St Reagan said it best when he pointed out that Social Security does not add to the deficit.

#30 | Posted by 726

Yeah. And when he said it almost 30 years ago, it was true.

And there is a lot that's true today that won't be by the year 2040. I'll warn you in advance, so you're not like one of those old senile retards who go around trying to get a Coke and a candy bar for a dime.

#34 | Posted by uglyblinddate at 2013-02-21 08:03 PM | Reply | Flag:

Within two days, the Budget Control Act -- a debt limit hike, a wave of nearly $1 trillion in spending cuts, and the sequester -- was overwhelmingly passed by Congress and signed into law by Obama. "When you look at this final agreement that we came to with the White House, I got 98 percent of what I wanted," Boehner told CBS News at the time. "I'm pretty happy."

That is the Boehnerquester to you.

#11 | Posted by 726 at

not EVEN a good try...

do I HAVE To provide the link or have you SEEN THEIR MOUTHS MOVE when JAY CARNEY, BOB WOODWARD and sen. BAUCAS all tell us that the sequester was obama's idea...

#35 | Posted by afkabl2 at 2013-02-22 11:45 PM | Reply | Flag:

and let's review now....

who selected these two to head that committee...and then WHO ignored their ideas..

oh !

#36 | Posted by afkabl2 at 2013-02-22 11:46 PM | Reply | Flag:

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