Posted on 11/27/2012 9:35:36 PM PST by neverdem
I have a theory that the Dems and the Pubbies have us pushed to the edge of the Fiscal Cliff, and we are backing up toward them while getting the Royal Screw Job!
Forward or Back?
The house should vote “present”...let the Senate decide....
Our kids will lead the rebellion!
if we don’t force WashDC to CUT taxes substantially, and quickly, this recession could easily descend into a genuine depression
We need to cut SPENDING first and foremost!
While some argue that going over the cliff gives a total win to the Democrats, they get both higher taxes on the rich and big Defense cuts, I agree we need to stand on principle this time and very forcefully focus the light on Democrats for the tax hit on the middle class - hopefully bringing a lot more people into the role of paying federal income tax. Too many currently have nothing in the game, and the fiscal cliff may be what it takes to get them back in. Those that voted for Zero or sat it out have no one else to blame, it could all have been avoided with some fiscal responsibility from the White House.
We need this degree of drama from some quarter to raise morale. We who are in shock are doing nothing, really, and are leaderless, left basically complying and cooperating, paying our taxes and fees, pounding our keyboards, but offering no real resistance. Yet.
They’ll all be on vacation in a week.
Nothing will be done to stop the fiscal cliff.
When they return all fat and rested the blame game will commence.
We get screwed, they laugh.
I’d be happy if Boehner just went home and refused any contact from the White Hut...
>>mylife - Forward or Back?
Does it really matter which way we are getting screwed? I see no hope either way. The only difference may be the timing of the fiscal implosion. The "automatic sequester" is only a delay tactic at best. Those who delay preparing now for the inevitable outcome will have only themselves to blame.
That is the crux of my theory.
All this for measly $100 Billion in cuts? In a year when spending was what, bout $3.5 Trillion? This is madness this talk of a “Fiscal Cliff.” It is nothing of the sort. Including the Defense cuts.
Going over the cliff mans that 40% will not pay taxes instead of 47%. Increasing taxes on the top 2% only will make it impossible to ever shift the burden again.
Can you imagine proposing a tax hike on the middle class only or a cut for the rich only?
Agree.
I have no illusions about the ability of either party to Defend this country from our enemies...
A small business owner needs to write an article detailing in dollars and cents of raising tax rates on "the rich" and the affects on his/her business.
Two days ago I moved my entire portfolio into TAB municipal bonds. (I was aggressively positioned with 70% stocks because I am still fairly young.) I don’t know much about finance, but I do know nothing good can come out of the next 4 years. I am just hoping to outlast the insanity. I’m not optimistic about the Country’s fiscal future! But I’m from a long line of Louisiana rednecks. We have a little land and we know how to put meat on a fire, so I guess we’ll be ok.
In order to halt or fix the problem, they need to not have "lowered rates of increase", and they need to not "cut 5%", they needs the CUTS OF THE APOCALYPSE! Medicare part D, Dept energy, Dept education, Homeland Security, TSA, large swaths of welfare need to just go away. 5-10% from military, and separate UNTOUCHABLE depository for social security.
The ONLY reason that either party wants to "tweak" it like is written of in the media is so they can continue to BORROW and
-----> SPEND MORE, <-----.
If you gave the politicians EVERY tax hike they wanted the deficit would not go down a penny BECAUSE THEY WOULD SPEND IT!
Government needs to get it through it's head that through some way shape or form we are going to starve it into submission...
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