Folks home watching the hens on The View?"
No, Social Security recipients.
And Obama will be able to pull off 20% of the conservative base by promising to not sign any deal that cuts Social Security and Medicare. And, truthfully accusing Republicans of wanting to cut them both.
No Federal politician would be willing or able to withstand that heat.
They would prefer hyper-inflation and/or Sovereign Default 5-10 years down the road to that.
And, that's the very sad state of our nation.
We cannot survive without cutting Social Security, Medicare and Medicaid.
The GOP already took SS and Medicare off the table on Saturday night. It was a tax increase trap that thus far has failed. That is why BO is panicking.
Yep, time to get some assets out of the US if you haven’t done so already. Capital controls are probably a few years off, but they are coming.