Posted on 01/01/2013 12:58:59 AM PST by 2ndDivisionVet
According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.
When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 3:1 and 2:1.
“In 1982, President Reagan was promised $3 in spending cuts for every $1 in tax hikes,” Americans for Tax Reform says of those two incidents...
(Excerpt) Read more at breitbart.com ...
Exactly. The GOP isn`t going to win a Presidential election again, so why not let the party go the way of the Whigs and the conservative movement reconstitute into something better? If not now.. when?
Even from afar, I have heard tha dam* term “fiscal cliff” so
many times, I want to puke.
It is just psychobabble . With the double election of Obumbo, the US has gone over every cliff imaginable.
FOX is my only US news TV, and I am about sick of watching even them.
I can not even imagine how bad the others, CNN and PMSNBC must be, not to mention the broadcast networks.
Right after the checks start bouncing.
The majority of people living here have been indoctrinated by the government schools and the media. They have been taught that they are not responsible for their own actions and to rely on government to solve all of their problems. They cannot comprehend anything beyond instant gratification.
GOPe showing us how the pros handle the situation
seriously, why bother even showing up
DID BOEHNER ET AL. AGREE TO THIS!??? DISGUSTING!
It’s over. Essentially.
"Bread and Circuses" (or bread and games) (from Latin: panem et circenses) is a metaphor for a superficial means of appeasement. In the case of politics, the phrase is used to describe the creation of public approval, not through exemplary or excellent public service or public policy, but through diversion; distraction; or the mere satisfaction of the immediate, shallow requirements of a populace, as an offered "palliative." Juvenal decried it as a simplistic motivation of common people. The phrase also implies the erosion or ignorance of civic duty amongst the concerns of the common man.
Agreed. We did not hear one peep about the "fiscal cliff" until just after the election. The term fiscal cliff invokes fear for the purpose of manipulating those who cannot get their brain out of first gear.
Before the election, anti-tax conservatives were regularly asked by members of the news media if they would accept $10 of cuts for every $1 of tax increases. So this grand deal is 410 times worse than those suggestions. And I don’t believe for a second that Boehner and McConnell will put up any more real fight when the debt ceiling is increased.
House will never accept this - Boehner will cry - but they reject anyway.
House Repubs need to hit the media with full-court press:
Op-eds in every paper - hit every radio talk and TV news - etc.....
Newsmax
Norquist Throws His Support Behind Biden-McConnell Plan
Monday, December 31, 2012 08:46 PM
By: Todd Beamon
Grover Norquist, the influential president of Americans for Tax Reform, said he would support a plan, negotiated by Vice President Joe Biden and House Minority Leader Mitch McConnell, to resolve the fiscal cliff drama.
“This is progress in terms of making most of the Bush tax cuts permanent,” Norquist told CNN. “Is it enough? No. Does it do anything on spending? No. But that’s what the next four years are going to be.
“The next four years will be about clawing back the overspending of the Obama years — and now we need to get the spending down,” he added. “The problem is too much spending, not too little taxes, and now we turn our attention to spending cuts.”
http://www.newsmax.com/Headline/Norquist-Biden-McConnell-support/2012/12/31/id/469608
I have heard enough.
Hello America how are ya,
Don’t cha know me I’m you’re native son
I’m riding on the City of Don’t Give a Damn
I’ll be gone 500ft when the day is done.
: (
Not as bad as it 1st appears. It's bad, but Yuval gives it some perspective - so now I'm not looking to slit my wrists just yet.....
It looks like the 2% raise I got last month will be gone next month. I hope the parasite that gets it doesn’t spend it all on weed.
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