Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Negotiations take compromise. Both parties will be compromising to get the debt ceiling raised. The question is whether this will be added to the legislation directly or handled separately after the fact.Biden gives clearest indication to date he’s willing to make a critical debt ceiling compromise
“Biden downplayed the significance of adding more work requirements, insisting that any new measures would not be “anything of consequence.” But it prompted immediate backlash within his own party, where Democrats bristled at the prospect of backing harsher restrictions for low-income Americans.”
https://www.politico.com/news/2023/05/17/biden-debt-ceiling-compromise-00097388
Agree that compromise is required as McCarthy said when the debt ceiling bill passed the House. Great to see Biden come to the table. It’s hard to imagine a “clean” debt ceiling bill passing both chambers that doesn’t include some work requirements and spending restraints. GOP would be crazy to trust those kinds of things happening after the fact. And Manchin will be leading the charge to include permitting reforms. No predictions though.Negotiations take compromise. Both parties will be compromising to get the debt ceiling raised. The question is whether this will be added to the legislation directly or handled separately after the fact.
You continue to ignore reality. McCarthy was never at the table until the bill passed and even then, it was a shitty effort. Negotiations started in March when Biden submitted his budget. The GOP finally made it there two months later.Agree that compromise is required as McCarthy said when the debt ceiling bill passed the House. Great to see Biden come to the table. It’s hard to imagine a “clean” debt ceiling bill passing both chambers that doesn’t include some work requirements and spending restraints. GOP would be crazy to trust those kinds of things happening after the fact. And Manchin will be leading the charge to include permitting reforms. No predictions though.
Biden met with McCarthy in February, then went dark until shortly after the House passed it’s debt ceiling increase on April 26 and Yellen announced hitting the ceiling could happen by early June. The reality is Biden and fellow Dems have reversed course on their hard line on a “clean” debt ceiling bill. His designated negotiators are now at the table and he has indicated a willingness to compromise. The president deserves credit for this in the Biden good thread.You continue to ignore reality. McCarthy was never at the table until the bill passed and even then, it was a shitty effort. Negotiations started in March when Biden submitted his budget. The GOP finally made it there two months later.
Good luck to the 11 Senators with their 14th amendment hopesBabyBoobs is rewriting history in real time.
A debt ceiling increase debate and separate budget talks are occurring in an overlapping timeframe. There is nothing unusual about that. - (Though Weaker mccarthy and congressional “republicans” HAVE managed to convince their idiot base that they’re “owning the libs” with their economically destructive political gamesmanship.)
BabyBoobs can ATTEMPT to frame that ^ however they want.
Decent, intelligent people know the bullshit narrative BabyBoobs is trying to propagate:
BabyBoobs is trying to portray President Biden and Democrats as caving to Weaker mccarthy. and the “republican’s” terroristic demands. - Except President Biden and Democrats aren’t/ haven’t.
11 Senators just signed a letter supporting President Biden invoking the 14th amendment to blunt “republican’s” terroristic negotiating tactics.
That ^ ^ is a constitutionally sound response to the “republican’s” terroristic demands. - Let the “republicans” challenge it .
We can never forget that “republicans” are the ones holding the country hostage over the debt ceiling. - Invoking the 14th amendment (if necessary) would put the ball squarely in the “republican’s” court.
![]()
A debt ceiling increase bill is likely to pass in June. Prior to 4/26, it was assumed to be a clean bill. That was the firm position of the president and senate majority leader. Times have changed. Give Biden the credit he deserves for accepting the new reality and negotiating a compromise debt ceiling bill.•
BabyBoobs obviously doesn’t realize that two can play the narrative influencing game.
The 11 Senators are providing cover and leverage for President Biden to reject / rebuff the “republican’s” attempts at gaining EXCESSIVE concessions through terroristic negotiations by invoking the 14th amendment.
The “republicans” are going to get no more concessions than what they would have by simply engaging in normal budget negotiations responsibly and appropriately. - But of course, there’s “owning the libs” to consider.
BabyBoobs
![]()
Trump did so much for the pork industry during his term. Biden doesn’t even mention pigs.
The truth is Biden’s economic record is strong — surprisingly so, judging by media coverage and polls of consumer sentiment. Glaring problems remain, of course. As the debt ceiling deal shows, the wealthy are rarely asked to pay their fair share for this growing prosperity. Life expectancy and prime-age employment rates lag those of other countries. And though inflation has fallen, it remains a problem, partly because of lingering supply shocks and corporations’ protecting their profits.
But job creation remains strong, with 339,000 jobs added in May. So does gross domestic product growth, with first-quarter numbers being revised upward late last month. Unemployment sits at 3.7%, with April's rate of 3.4% the lowest peacetime rate on record. Hispanic unemployment is at 4.0%, barely above a record low of 3.9% set in September. Black unemployment in April hit 4.7%, the lowest ever measured. And low-income workers’ real wages grew more from 2020 to 2022 than in all of Barack Obama’s presidency.
jus' sayin'Even polls showing economic discontent can be misleading, most likely thanks to partisanship: According to Federal Reserve data, for example, even as most Americans say the economy is doing poorly, three-quarters of respondents say their own financial situations are fine.
When it comes to a presidential election, the fastest path to defeat for an incumbent is a bad economy — and until this week, the fastest path to a bad economy was a debt default. Without sabotage, Republicans have to beat Biden the old-fashioned way: by convincing voters that they’ll better manage the economy — even though they just threatened to wreck it.
i believe there's a housing analogy that addresses the impatient, most extreme members of any political party who find it hard to take a slow-but-steady route, because politics is all about compromise (especially with a tight lead) but a good poker face wins out:Once again, it's just a relief and so great that Joe Biden is president and Donald Trump isn't.