tag:blogger.com,1999:blog-8624873013842943245.post2954014554841538634..comments2012-07-13T18:32:57.485-07:00Comments on The Cranky Critter: Obama Planning Crafty Copycat Gambit?Cranky Critterhttp://www.blogger.com/profile/05509666202091121125noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8624873013842943245.post-84601287302505468252011-01-31T09:32:32.586-08:002011-01-31T09:32:32.586-08:00Yeah, elected leaders seem for the most part to wa...Yeah, elected leaders seem for the most part to want to keep dancing round SS and medicare. But talk to your average person who keeps up with the broad outlines of these debates, and it seems that there's a broadening understanding among some regular folks that SS and Medicare are the big problems. Long way to go yet, I think.<br /><br />Obviously it's not a bad thing at all to pare back spending in discretionary areas, though I doubt we'll see wholesale eliminations of departments like Rand Paul and others say they want. More likely we'll see some consolidations. Hopefully that does include some narrowing of scope in certain arrows, with money actually saved. Not holding my breath.Cranky Critterhttps://www.blogger.com/profile/05509666202091121125noreply@blogger.comtag:blogger.com,1999:blog-8624873013842943245.post-51717402047206979492011-01-29T08:35:54.569-08:002011-01-29T08:35:54.569-08:00I believe I've mentioned the structural desira...I believe I've mentioned the structural desirability of broad and flat tax bases a time or three thousand. Nice to see the Prez mention it (if only for the takeaway quotes to stuff down the throats of the "Eat the rich, corps are evil!" progs. It's generally anathema to "progressives." But with the re-ascent of the GOP in the House, Obama knows he will not get the tax increases (permanent increase in %GDP devoted to fed gov spending) he wants any other way. <br /><br />Let's remember the flip side of what happened to Reagan there. He got that tax reform into law as part of a deal with Congress to restrain spending. <i>And that Dem-majority Congress promptly reneged on their part of the deal, boosting spending by nearly two dollars for every new dollar raised</i>, with the "progressives" then and since disingenuously and dishonestly blaming Reagan for the resulting deficits.<br /><br />As my dear departed dad always said, "Forget what they say. Watch what they DO." Obama knows (as does every non-freshman on the Hill) that industries will fight tooth and toenail to keep their own particular tweaks, that Congresscritters of both parties will support their donors, and that the White House's idea of proper tweaking will involve screwing demonized industries by taking away their tweaks (including ones that have a real purpose) while creating new subsidies and tweaks for favored industries and using regulatory/agency powers to punish the unfavored. Ask coal miners and oil industry workers how that's worked in practice the last couple of years. <br /><br />I'd much rather see a Clintonian retrenchment. Slick Willy was a guy who really knew how to make lemonade out of lemons. If Congress can bring itself to actually cut spending and bring it back into line with historic levels while taxes are tweaked for more efficient and less economically damaging collections (as happened '95-'99) then real reform is possible, including meaningful and USEFUL tax reform. If not, we're screwed.<br /><br />And we'll still need REAL reform for SS and MCR/MCD. I notice the GOP leadership and the TP people are starting to realize that means-testing at the upper end is not such a bad thing.Tullyhttps://www.blogger.com/profile/03842067230152580405noreply@blogger.com