THE DEMS ARE MAKING THIS GAMBLE:
If the “fiscal cliff” takes effect, congressional Republicans would feel pressure to give ground in several areas to achieve their top goal: restoring tax cuts for as many people as possible. That’s why Sen. Patty Murray, D-Wash., and other Democrats have said their party’s leaders should seriously consider letting the Jan. 1 deadline pass and then negotiate with Republicans under sharply different circumstances. Some or most of any new agreements could be made retroactive to Jan. 1, they say.
If Republicans refuse to let tax cuts expire for the wealthy, Murray told ABC’s “This Week,” ‘’we will reach a point at the end of this year where all the tax cuts expire and we’ll start over next year. And whatever we do will be a tax cut for whatever package we put together. That may be the way to get past this.”
Murray’s allies say voters would blame Republicans for refusing to yield, especially on tax rates, given that Obama won re-election. A recent Pew Research poll supports that view. More than half of the respondents said they would chiefly blame congressional Republicans if there’s no compromise on the fiscal cliff; 29 percent would blame Obama.
I don’t know what the bastard dems are going to do. I know that they don’t give a damn about people who bust their humps to work to pay their taxes that they take and give to lazy slobs who reward them by voting democrat.
While hard core leftist will celebrate the fact that the Dept of Defense absorbs half of the Sequestration cuts (even though it is only 16% of the budget), the other 50% of cuts will affect their precious domestic programs immediately. When the Debt Ceiling expires in February, or early March at the latest, the Communists are back to square one.
Then - here we go again. What to fund? Interest on the debt HAS to be paid, or the whole Ponzi scheme collapses even faster. Then comes the 3rd rail of this country: Social Security checks. Obama will threaten the SS recipients of not getting paid (as he did before....same play book). Then what to fund? Gottsta funds da Food Stamp. Moochelle and her mama will hound bath house Barry relentlessly about that one. What next?
Burn it all down isn't a strategy. It is Communists licking their chops at Defense cuts. But once that happens, the economy loses about 1.5 million jobs almost immediately. The Communists don't understand that recovery becomes much harder at this point.
not only want to go over the financial cliff, i want to put a brick on the accelerator of the bus and go over full speed..
the ones that voted for fubo overwhelmingly, lower income workers, single women and minorities, will see their tax rates double and even triple, while a whole host that did not pay taxes before will now be on the hook for taxes...
be careful what you ask for, you might just get it..
let them eat cake
Dems: Hey, let’s play political football, so even more of the “little guys” we pretend to care about can lose their jobs!
And let all the uneployment extensions also expire. And Chuck Schumer’s worried about the Dairy Compact expiration ($5 milk, bad. $5 gas, good). Let it all expire. No more tax cuts, no more unemployment extensions, no more 10% tax rate, no more additional chid credit, etc.
Obama:
I dont want to find ourselves in a position six months from now or a year from now where, lo and behold, the only way to close the deficit is to sock it to middle-class families or to burden families that have disabled kids or, you know, have a parent in a nursing home, or suddenly weve got to cut more out of our basic research budget that is the key to growing the economy in the long term.
No matter what “compromise” is made- Obama will come back in 6 months and sock it to the middle class. And yes, Republicans will be blamed.
The Republicans should have started already running TV ads showing Obama and the Democraps saying “Bush tax cuts for the rich...”, then say, “However, they lied to you. YOUR taxes are going up by ... I guess Obama and the Democrats think YOU are rich.”
Graham should ask to go with Patty Murray to announce that the Republicans are for raising taxes on the rich. And then, he can talk about how the government will now start taking more money from Buffet and Gates and Barbara Streisand and Michael Jordan, etc....
Drive over the fiscal cliff then overthrow the socialist government! The Constitution has been used as toilet paper anyway.
Too bad we don’t have a Francisco Franco instead of a medal-laden Betrayus.
I say let the tax cuts expire, implement sequestration, and start putting the feds on the chopping block. The military is going to feel the pain, but so are all of the entitlement programs. If obama and the dems decide they want to work out selective tax cuts later, tell them tough shit, they should have dealt with it when they had the chance, and when the dems try to hang this around the republicans, tell them they got what they wanted, and now they own it all. At this point, the house and the republicans have nothing to lose, either way they’ll be damned in the court of public opinion.
But, I don’t see the above scenario happening due to the republicans reliably folding like a cheap suit at the first sign of real pressure.
WASHINGTON (AP) Some Democrats are pushing an unorthodox idea for coping with the “fiscal cliff”: Let the government go over, temporarily at least, to give their party more bargaining leverage for changes later on.
If you are honest with yourself and the American citizens you have no bargaining leverage. Nor do the Republicans. America is BROKE.
You are not talking about reducing our debt. Simply reducing how much more in debt we go this year. Do you really think there is any difference if we go 1.1 Trillion dollars in debt or 1.0 Trillion dollars in debt.