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!
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
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.
I’d be happy if Boehner just went home and refused any contact from the White Hut...
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?
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.
This emotional blackmail has been the strategy behind everything 0bama and the Dems have done. America is being driven to total ruination because no one in DC will stand up to it.
They will sever themselves permanently from much of the base of the party. While their votes may ensure that tax rates or revenues rise, they will have no assurance that the promised spending cuts will ever be made. Even Reagan fell victim to this bait-and-switch.
Then, if the tax hikes slow the economy, Republican collaborators will share the blame. Not only will they have gone back on their word, they will have damaged the recovery. What would be their argument for re-election?
If you believe higher tax rates or tax revenues would be like poisoning an already weak economy, why would you collaborate in administering that poison? Why not just say no?
If Republicans want to save this party and fight another day, it's time to once again, say "NO."
Then unplug the Phone in the Office of the Speaker of the House.
Our country is flat broke and everything ZERO plans does nothing to correct the problem.
The only good thing is maybe we can start over and get the congress our founding Fathers designed for US. Citizens going to Washington to serve kinda like Jury Duty. Not the cushy jobs & perks they have now.
bump
Social security is bankrupt, so lets underfund it. Brilliant!!!
I agree with Pat on this but the SS cut never should have happened and it should be allowed to expire.