Mad Wombat

A moderately liberal Democraticly-themed blog

Category Archives: Obama Administration

Prepare for the new GOP line: Obama is faking the job numbers

It’s a rather sad state of affairs when one can barely write snark anymore, because there is a real possibility that what you write will actually come true. The latest example of that was the release of the better than expected job numbers on Friday. Republicans can see where this is going. By election day, [...]

Just a few comments on the Plan B debate

I’ve largely stayed out of the Plan B kerfuffle for the most part just because I don’t really know enough about the issues involved to really make a judgement.  That, of course, doesn’t mean I don’t necessarily lean one way or another, but I don’t think I can necessarily come out and say “that’s right” or [...]

Why the debt ceiling bill isn’t all that bad

Before I get into the body of this post, I want to say this: I wouldn’t characterize this as a “win,” either for Democrats or the nation.  Any time a political party is willing to bring us within 48 hours of default – and perhaps closer pending the actual votes in Congress – is a [...]

Debt Ceiling: A Proposal

As most people probably know, Speaker Boehner and Senate Majority Leader Reid (acting as President Obama’s proxy) introduced competing plans over the weekend to deal with the debt limit crisis.  While these plans look somewhat similar on the surface, quite a bit is different when one gets down into the nitty gritty. Republicans don’t like [...]

The Debt Limit: Where there only ever two choices?

There was a huge bru-ha-ha on Twitter yesterday about a supposed plan being offered by Obama to Boehner that would have offered anywhere from $2 trillion to $3 trillion in cuts in exchange for an increase in the debt ceiling and essentially the promise that they would look at tax reform next year, but with [...]

House Miliatary Continuing Resolution: It’s a Trap!

Clearly Democrats hit a cord when they started rolling out the line that soldiers could get paid during a shutdown, because almost immediately, the GOP came up with a brilliant plan: propose a continuing resolution that, on top of cutting yet another $12 from the budget, pays for the military for the rest of the [...]

Obama’s budget and the GOP. Plus My Take

Obama’s new budget that he is releasing is expected to reduce the deficit by $1.1 trillion over the next 10 years, roughly 1/3 by the budget freeze, 1/3 from tax increases, mostly by rolling back the Bush tax cuts, and 1/3 from additional budget cuts.  Of course, that averages out to about $110 billion a [...]

Egpyt: Latest Example of GOP Opposing Obama no Matter What He Does

It’s pretty much no secret that the GOP will turn 180 on a position it previously supported simply due to the fact that a Democratic president picks it up. We saw it with Clinton in the 1990s, and we’re seeing it again with Obama.  The most visible example was the insurance mandate, which was originally [...]

CBO: Budget Deficit Projected to be $1.5 Trillion

The CBO has released a report saying the the federal budget deficit for FY2011, which runs from October 1, 2010 to September 30, 2011, is expected to be $1.5 trillion, the highest actual dollar amount ever, though it is a slightly small in % of GDP as the deficit in 2009, but it is an [...]

A Whole Bunch of People No One Has Heard of Opposes Obama Renomination

This is sure to make Obama quake in his shoes tonight: As President Barack Obama prepares for Tuesday’s State of the Union address — considered by many to be the real kickoff of his 2012 presidential campaign — a group of vocal progressive activists have launched what they promise is an aggressive campaign to fight [...]

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