The Mudcat Café TM
Thread #137011 Message #3147618
Posted By: Ron Davies
04-May-11 - 08:08 AM
Thread Name: BS: Obama wins on shutdown threat
Subject: RE: BS: Obama wins on shutdown threat
$38 vs $33 billion. If$33 billion was mentioned--which at this point is unproven-- it was part of the negotiations, never an agreement.
Shows just how out of touch the illustrious poster is with reality. Only in the world of the far left of center posters we are honored to have on Mudcat would anything under $40 billion in cuts be a defeat for the President.
And by the way, interesting that "I heard" without source becomes a fact. Again, a specialty of leftists, it seems. I certainly hope he is more careful in his law practice.
But consider how he has brought a political paradise to the UK. This says a lot about his credibiity.
Reality is that there was huge pressure for either $100 billion in cuts or about $60 billion.
Final figure was about $39 billion. Much was taken care of by accounting gimmicks.
The "tea party" was not happy in the least--as I said.
Final reality is that this was just one skirmish in the budget battle. Now comes the bigger battle over the debt ceiling.
But Obama came out of the "shutdown" threat much better than anticipated.