Sponsored Content

Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

Study: Alcohol Consumption... Helps You Remember | Main | Obama In January: We Have To Deal With This Problem Rationally, Not By Accusing Our Rivals Of Wanting to Harm Seniors
Obama Today: Not For Nothing, But Paul Ryan Just Hired the Mafia To Kill Your Grandma
April 13, 2011

Obama's Remarks: I Am Boldly Authorizing The Next President To Deal With This Problem, And In Futherance of This Daring Strategy, I Am Also Punting To a New Commission To Be Named Later
PS I really want to raise taxes

First of all, he's proposing less deficit reduction than Ryan. $4.4 trillion versus $4 trillion in the Obama plan. And here's the cute thing: Obama is suddenly talking about 12 year windows, instead of the standard 10, as Ryan did.

So he chose 12 years, probably because he wanted to get the number up to the $4 trillion range.

Further, Obama's plan as far as Medicare consists, as far as I can tell, merely ordering the agency to keep spending at no greater than a .5 or 1% rate of growth.

Um, look, this is his same idea with "bending the curve" with Medicare; there he stole a half trillion from the program to pay for the health care of other people, and then simply asserted that stealing the money from the program would force costs down such that nothing would be lost.

1, this is silly, because the government is what you call a soft touch on these matters. Cost discipline gets imposed by the end-user. It will not be imposed by a government which desperately needs the votes of the end user.

Without actually suggesting any concrete ways to reduce Medicare's costs, he just basically says "I will magically make it cost less."

2, if stealing $500 billion from Medicare would magically force costs down so that no user experiences a net reduction in actual services, why should Ryan's proposal not have a similar property? Furthermore, Ryan's plan at least has a plausible mechanism by which it is possible to imagine prices being forced down (a private insurer, probably requiring higher co-pays and deductibles, which in turn makes the end-user more cost-sensitive and drives down price where it has to be driven down-- at the actual point of sale, not weeks afterwards when Medicare sends out a check for services already rendered.

3, I seem to notice him saying that if his proposed order to reduce Medicare costs does not reduce costs (which it won't, same as it didn't with ObamaCare -- premiums are going up, not down) by the year 2023, then, get this, he will authorize "the Commission" (I think the Medicare trustees or something) to propose further means of reducing costs.

Get that? If, in 12 years, his plan hasn't worked yet, he'll actually call for a third-party blue-ribbon commission to propose some more changes.

Oh, and guess what? His big idea for closing the deficit is 1 cutting defense spending and 2 increasing taxes.

Bonus: He also says that if, in 2014, two years after the next election, the CBO's projection doesn't show "the share of the deficit as a fraction of GDP" falling (note that is a lenient way to view it), he is willing to go so far as authorizing the President and Congress to consider further "spending cuts" and "spending reductions."


Get that? If what he's doing (which is nothing) doesn't work, he will reconvene two years post-election to kick it around some more.

I should note that the New Democratic Style Guide is to refer to any typical tax deductions as "tax expenditures" and hence, eliminating those (and thereby increasing taxes) is no longer a "tax increase," but a "spending reduction."

That's the new speak, man. Better get used to it.

"A Balanced Approach:" 12 year window, huh?

Obama's 12-yr plan: tax hikes now, more spending now, and then spending cuts in the last 5 years.

Yup, tax increases for 7 years and promise we'll start cutting spending like a mofo those last five years!!!!11! Swearsies!!!

Thanks to soothsayer for that.

Oh, he says that we can't cut spending right now because of this precarious recovery we supposedly have; we don't want to disrupt that.

But the tax increases? Oh, they won't fuss no one.

Another bonus: At the end of the speech, the bullshitty "uplift" part, he used the word "quagmire," but he pronounced it, en francais, I guess, as "quogmire."

Like, we're in a quogmire in Pokistohn.

Recent Comments
Divide by Zero [/i]: " 🇦🇺 News: [i]'Aussie political ..."

publius, Rascally Mr. Miley (w6EFb): " They learned, during that Spanish Flu pandemic ..."

CrotchetyOldJarhead : "Fauci is a prime example of the result of incentiv ..."

olddog in mo: "[i]Worms it is.[/i] Selenium sulfide should tak ..."

CrotchetyOldJarhead : "Incentivized science has done a lot to wreck scien ..."

publius, Rascally Mr. Miley (w6EFb): " Here is what that 100 years of Pandemic Knowle ..."

publius, Rascally Mr. Miley (w6EFb): " Re Covid. A lot has been learned about "pandem ..."

publius, Rascally Mr. Miley (w6EFb): ">> The drs. were handing out 30g a day! Yes, ..."

Ciampino - I was having some zees: "Disclaimer: The answer is bees. Posted by: Pixy ..."

Wolfus Aurelius, Dreaming of Elsewhere [/i] [/b]: "Bad Cat's article on the Biggest of All the COVID ..."

CrotchetyOldJarhead : "I saw part of Ramaswamy's closing speech. Pretty g ..."

m: "40 Just in: The 2024 CPAC Vice Presidential Poll h ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64