The tax increase on everyone part of the "Cliff" is now gone with this "Deal." It would have been better for taxes to go up on everybody, because then even low information voters would see the true cost of Obama serfdom.
Now, that opportunity is lost. Only "the rich" will pay more.
Secondly, the Sequester "Deal" was even worse. It forces 50% of the spending cuts on the military, even though that is only 18% of the spending. On top of that, defense spending results in high paying, high tech jobs that actually increase the nation's productivity. So killing that goose does no one any good, other than Democrats who have lusted over killing the military for decades.
The "Super Committee" was supposed to avoid Sequester altogether, and that turned out to be a joke. The Democrats declared it over before debate even began. They KNEW the "Super Committee's" job should have been to begin Entitlement reform, and that was precisely the one thing they refused to even discuss and was off the table.
So here we are, worse off than we were before.
1. Military going to be gutted (only delayed by a few weeks)
2. Tax increases
3. Hundreds of Billions in giveaway unemployment checks
4. Entitlements not touched one iota
5. Debt ceiling already reached
6. Markets spooked and the world watching us implode
I could go on, but what's the point? The thing that makes me furious is the Republicans gave away the candy store to the Democrats and left the military out to dry.
That, to me, is outrageous. Shame on them.
People in KY still won’t say what’s so great about their
Mitch McC. It must be classified information?