Joseph Stiglitz, Dean Baker, Robert Kuttner et al to Respond to 12/1 Catfood Co. Report

[Hannah Bell]

Prosperity Not Austerity:
A Response to the Fiscal Commission and a Blueprint for Economic Recovery
This event will be webcast live at http://www.ourfiscalsecurity.org.

1:00-3:00pm EST
Wednesday, December 1st


Joseph Stiglitz, Dean Baker, Nancy Altman, John Irons, and Robert Kuttner to Respond to Dec. 1st Fiscal Commission Report

Tomorrow, President Obama's bipartisan National Commission on Fiscal Responsibility and Reform will release its much-discussed final report on federal budget priorities. The report, as previewed in the mark-up published by commission co-chairs Erskine Bowles and Alan Simpson two weeks ago, is likely to propose a program of harsh austerity measures, including calls for cuts in Social Security and other programs that will adversely affect the middle class while the broader economy has yet to recover.

Tomorrow afternoon, immediately following the report’s release, a panel of prominent economists and budget experts will respond to the findings and recommend alternative paths to fiscal responsibility, with sustained economic growth for all Americans.

This event is co-sponsored by The American Prospect, Demos, the Economic Policy Institute, The Century Foundation, the Center for Economic and Policy Research, and the Roosevelt Institute.

[hfojvt]

1. my question is whether the report got the 2/3 majority

Wasn't the commission supposed to come to 80% agreement or something? Did they really agree to the horse excrement that has been proposed so far?

[blindpig]

2. The only likely question is...

how much can they get away with without waking the sleeping beast.

[Better Believe It]

4. Now they are talking about only needing 10 votes for new horse shit that will give them crediblity.

[hfojvt]

8. 10 votes? The committee has 7 Republicans and two CEOs

and then Conrad and Baucus. They can get 10 votes without needing more than one Democrat, and with Democrats like Baucus and Conrad, who needs Republicans? Anything less than 12 votes makes it a Republican proposal and one that Obama needs to resoundingly reject.

[leftstreet]

3. K&R

[malaise]

5. Great news

Rec

[EFerrari]

6. K&R

[amborin]

7. K&R