Tuesday, May 24, 2011

Defining success downward

Vice-President Biden is patting himself on the back for this?

---Vice President Biden and congressional leaders left a meeting on the debt limit saying they were on track to find $1 trillion in deficit cuts.

“We are confident that if we keep on this pace we can get to a relatively large number,” Biden told reporters as he exited the meeting in the Capitol that lasted more than two-and-a-half hours. “I think we are in a position where we are going to be able to get to where we can get to $1 trillion which will be a down-payment on the process.”---

Read the rest here.

3 comments:

Mike Norman said...

Shameful. I wasted my time with this guy. Thanks anyway, Beckel.

Letsgetitdone said...

Mike, None of these birds understand what's happening. Have you seen the Congressional Progressive Caucus Budget? See:

http://grijalva.house.gov/uploads/The%20CPC%20FY2012%20Budget.pdf

http://cpc.grijalva.house.gov/files/The%20People's%20Budget%20-%20A%20Technical%20Analysis.pdf

More "progressive" but still ridiculous, showing no understanding of the sectoral financial balances model, and the basic principle that Government deficits aren't determined by the Government.

googleheim said...

No Mike and No Fathi, you don't get it.

Biden's ruse is to divert and screen off the deficit terrorists down an alley where they will find the mythical gold standard goblin itself.

Biden is just providing a screen as he is not the one we need to talk to. We need prime time drive with O'bamanator itself as well.