Cooked up numbers and a groupthink pattern of denying reality. Imagine the incredible damage they could have done if they were given the real responsibility of managing the nation’s budget and military.
Posted by dn2 on Nov 8, 2012 at 1:41 PM
Love this take on GOP magical thinking. My take is that they were so sure of themselves because they were floating in money. They were convinced that money was all that counted. The American middle class is scurrying to make ends meet if they aren’t falling into poverty. We don’t worship money. We NEED it. The time for listening to billionaires is over. I won’t even read their papers anymore.
Posted by Tess Elliott on Nov 9, 2012 at 2:24 AM
““One is the objective evidence. The other is the ugly desperation of the
Obama campaign in its final days. (Oct. 31, Michael Graham, Boston Herald”
Isn’t it great when people who don’t have a clue what objective means throw that word around and then follow it with hyperbole.
Posted by michael3ov on Nov 9, 2012 at 6:28 AM
When it comes to politics, the editorial board at UT San Diego is wrong at just about everything. They supported Carl deMaio for mayor. LOST. They were against Prop 30. LOST. They were in favor of Prop 32. LOST. They think Dick Morris is a credible pollster. DEAD WRONG.
Truth be told. They are an embarrassment to the city of San Diego. Doug Manchester and John Lynch have more money than God, and they think they have the same control over people. Ask former sports writer Tim Sullivan, who made the fatal mistake of disagreeing with them. We lost a great writer, and instead get this foolish editorial board.
Posted by theantispanos on Nov 9, 2012 at 12:40 PM
What Happened to America 1980-2009???
Labor took it on the chin Financials took it to the bank
Here are awful numbers of our Plutocracy.
NET WEALTH OWNERSHIP
FINANCIAL WEALTH OWNERSHIP
If those numbers do not disgust you are a Republican.
One family owns more wealth than 90% of families.
It began in 1981 when Reagan started cutting top rate from 70% to 28%,
a 60% tax cut for the rich. He increased spending by 80% and Debt 189%
GW Bush tax cuts with 60% getting 16% and 5% got 48%.
We borrowed 6100B in 8 years so the rich could get richer.
Republicans fought to keep 2% tax cut. That 2% own 50% of financial wealth
and take 30% of all individual income. It includes these incomes in millions-
4000-3000-2000-1000-500-100-50-10. They need a tax break more than we need jobs and investment in infrastructure.
Boehner is saying he got a mandate not to raise taxes. Crazy Republican.
In 2013 budget it projects we borrow 900 Billion. That revenue can be gained via removing Bush tax cuts and cutting tax exemptions for the top 10%.
We MUST begin to cut the horrid debt that enriches the rich and burdens 80%.
Get $$$ out of control of government. It can be done.
In 2009, top 10% paid an 18% tax rate on individual income. Many paid 1% or less of income in Payroll taxes. 70,000,000 workers paid full rate. Top 50% paid a 12.5% Tax rate. 15% more would have balanced our budget.
Put bottom tax rate at 28% on ALL income.
clarence swinney political historian Lifeaholics of America burlington nc
Posted by Clarence Swinney on Nov 10, 2012 at 10:35 AM
OECD Rankings shame on us
#1—highest % of workers in lowpay jobs—24% Min wage or less
#2 least taxed corp—35% Top—paid 12.1% in 2011
#3-Least taxed as % of gdp—27%
#4 Inequality a disgrace on a Christian nation
Posted by Clarence Swinney on Nov 10, 2012 at 10:37 AM
They had Total Control for 6 years
Increased Spending 90%—-Debt 112% (doubled)—No jobs—2 wars—tax cuts for rich—ruined our international reputation—New bully on the block
Enriched rich ditch rest—Smashed Housing and Banking—-Left Obama a Hell on Earth
WORST 6 IN HISTORY
Posted by Clarence Swinney on Nov 11, 2012 at 7:46 AM
JOB LOSS KING
Had Republicans not killed Obama America Jobs Program
these could have been regained
Posted by Clarence Swinney on Nov 12, 2012 at 9:47 AM
Balance 2013 Budget—-
put effective rate at 35% on top 10%
In 2009 they paid 18% agi or about 15% effective rate.
Since 1980, we borroowed to let them keep wealth and grow much richer.
Time to help the 90%.
Cut 500B out of exemptions==pay down on debt
Posted by Clarence Swinney on Nov 12, 2012 at 9:50 AM
This is why I, along with many other San Diegans, canceled my subscription and now subscribe to the LA Times.
Posted by Helen Weals on Nov 15, 2012 at 8:59 AM
You I like. It’s always nice to see numbers. I always have said follow the money and numbers do not lie.
Posted by Ernie Ferguson on Nov 15, 2012 at 7:49 PM
The Republicans have completely lost their minds. I thought maybe the election results would slow it down, but instead we’ve seen an acceleration of the condition. They’re going to spend the next few weeks trying to make Benghazi into a damaging scandal and trying to ignore the looming tax showdown.
In the end, Benghazi will remain a tragedy not a scandal. And the so-called fiscal cliff will still loom. The polls (which might be accurate) show that if no deal is reached the public will place the blame where it belongs—with the Republican leadership.
Posted by Ernie Ferguson on Nov 15, 2012 at 8:02 PM