[dynachrome]

Welcome to the VAT. “it’s for the children”

[Red in Blue PA]

It’s coming. Like the tsunami which cannot be seen until it is finally covering you.

[dr_who]

The question is whether congress could pass a VAT when they are most likely to have the votes to do it. I doubt they'll have a snowball's chance in hell this year or any time soon. But I figure that Obama will try to run in front of this "issue" next year and use it as part of his attack on Republicans. As it is, the first item on the Republican agenda will be big spending cuts, and not just inflation adjusted "cuts". But are Republicans going to be prepared for real, sustained government shutdowns in order to get those cuts enacted? I'm afraid that Obama and the remaining Dems will offer them a way out in the form of an itsy-bitsy phased-in VAT and a few token spending reductions. In other words, the same strategy as Obamacare applied to the rest of the federal government. This strategy might have a better chance of working than an overwhelming Democrat majority.

Interesting times? Not really. I'm getting sick and tired of this shit.

[SeattleBruce]

‘Welcome to the VAT. “it’s for the children”’

Right. After selling our kids and grandkids down the river, now they want to go save them.

NO THANKS!

11/2010