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Krauthammer: Here’s How Republicans Can Win the Argument Over “Sequestration”

RGR28 Wrote: Mar 01, 2013 12:35 PM
The economy is fragile enough that GDP barely grew in the 2012 fourth quarter, when inventory purchases and federal spending both slowed more than usual. Last weekend, the Moody’s credit-rating agency stripped the United Kingdom of its AAA credit rating—not because U.K. deficits are too high, but because Britain’s premature austerity policies are leaching away the growth required to make its deficits manageable.
Beethovens10th Wrote: Mar 01, 2013 3:00 PM
The economy didn't "bare grow" in the fourth quarter; it contracted. It just took about a month to cook the numbers into the positive range.
RGR28 Wrote: Mar 01, 2013 12:36 PM
The Moody’s decision echoed recent pronouncements by the International Monetary Fund and the World Bank warning against precipitous moves to bring down cyclical deficits.
U.S. policy, then, should be clear: deep-six the sequester.
Michael1364 Wrote: Mar 01, 2013 12:39 PM
And why should the US and Britain have good credit scores?
They have terrible economic policies that are unsubstainable.
If this was a corporation, they would have to file bankruptcy.
Thank goodness your god Obozo can just print more money.
By the way, can any libtard understand that the stock market reflects all this QA?
If it takes more money to buy stock, the index goes up.
The dollar is being devalued constantly by QA.
SMyles Wrote: Mar 01, 2013 12:40 PM
Blah, blah. So our economy is dependent on government spending? Isn't that evidence that we are a socialist nation? Where does government get all of that money? Oh, out of the economy that's dependent on the very same government? Go chase your tail RGR.
RGR28 Wrote: Mar 01, 2013 12:42 PM
UK economic policies are bad because they have made austerity policy the rule of the day.

The US is not broke. We are not Greece. We draw foreign investments every minute and are not even close to bankruptcy. It is austerity that is dragging the UK, into the ground, just like it will here.
SMyles Wrote: Mar 01, 2013 12:45 PM
Keep your degree in economics RGR. Use it for toilet paper and you'll get some use out of it.
SMyles Wrote: Mar 01, 2013 12:48 PM
The only reason the UK is going down first is because they aren't the worlds reserve currency.

Yes, the dreaded “sequester” cuts begin taking effect today, but syndicated columnist Charles Krauthammer is reminding Republicans that -- at least for the moment -- they actually have the upper hand politically. During an appearance on “Special Report” last night, he urged Republicans to do two things to expose the Left’s cynical, doomsday scare tactics and curry favor with the public: 1) emphasize that the GOP has indeed offered Senate Democrats and the president “utter discretion” to pick and choose which government programs to cut in lieu of “sequestration” -- which the former rejected and the latter threatened to...