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Fiscal cliff it is! - 12/23/2012 2:55:07 PM   
SimplyMichael


Posts: 7229
Joined: 1/7/2007
Status: offline 		The dems are playing it smart finally! If the republicans dont capitulate, next year there will be massive cuts in programs many know needed to be cut. Taxes will be higher. The dems can blame the right for all the paim.

The BEST part is they now have TWO baskets of brand new goodies to dole out and can blame the right if they want to keep any of the cuts in place.

Now personally, as a lifelong democrat, I still expect them to pull defeat from the jaws of victory and do something stupid to once again save the Republican party from itself.
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RE: Fiscal cliff it is! - 12/23/2012 3:07:19 PM   
DarkSteven


Posts: 28072
Joined: 5/2/2008
Status: offline 		It's all on Boehner. He's trying to come up with something that both the President and his own party will accept, and not able to. The GOP is not willing to give as much as they'll have to, just yet.

_____________________________

"You women....

The small-breasted ones want larger breasts. The large-breasted ones want smaller ones. The straight-haired ones curl their hair, and the curly-haired ones straighten theirs...

Quit fretting. We men love you."

(in reply to SimplyMichael)
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RE: Fiscal cliff it is! - 12/23/2012 3:14:43 PM   
SimplyMichael


Posts: 7229
Joined: 1/7/2007
Status: offline 		The closer it gets, the less leverage they have. Again, the right is tearing itself apart, will emerge nect year weakened and as supplicants. Which is why Obama is likely to cave, dems hate to win somehow.

The small panicky invester has largely left the stock markets, it will be rough until Obama can look all statesman like and announce some tax cuts and such. There is no real downside for the dems to go over, sure as hell will make fundraising easy!

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RE: Fiscal cliff it is! - 12/23/2012 3:18:46 PM   
ElChupa


Posts: 117
Joined: 11/14/2009
Status: offline 		I am always so puzzled by leftists. What will taxes on the top 2% actually do? It might MIGHT run the government for 7 days. SEVEN DAYS. No No No No on that... the answer is a broader tax base. Tax MORE people. Flat tax, fair for all. And cut the freaking spending. For example, yet another study comes out showing Head Start does not work. WHY ARE WE SPENDING BILLIONS ON IT? But look, I understand leftists. I used to be a reporter.. an NPR reporter... I am now a college professor... I get it. They don't care about being effective and efficient. They only care about the next pacifier. The next obamaphone. It's all about emotion for the left. I get it. So, the only answer is to defeat them. How do you compromise with their nonsense? HOW? I care deeply for America and don't want to see it go that far into the abyss we can't ever get it out again. The left? They think America is at fault for everything. They don't care.

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RE: Fiscal cliff it is! - 12/23/2012 3:39:21 PM   
epiphiny43


Posts: 688
Joined: 10/20/2006
Status: offline 		Your numbers don't quite work out, What subject are you teaching? When almost a majority of the GDP is controlled by a few and most of those pay little or no real taxes, the load shifting is quite substantial, to say nothing of what that does to any concept of fairness. Even if the taxes on the very rich only paid a week of the budget, the working families who struggle to pay for the basic necessities get to see a more even balance. Their wage decline in real income is not only pervasive, it's direct policy of the large corporations whose profits are climbing and feeding into the very rich. If so much of that massive income (Relative to what is available for the working and professional classes, not really that much of their total income) wasn't used to subvert effective government for the benefit of all, obscene wealth might have less opposition to it's work to escape any fair or balanced taxation.
Getting to rewrite the rules continually so the massive concentration of wealth now happening in America just accelerates continually doesn't seem to register to the Right as a threat. It sure was a concern for the Founding Fathers. A. Lincoln saw the writing on the wall. Not your typical Liberal? When the USA became a country with it's wealth more concentrated in the top few percentage than many South American countries, you'd think even the math illiterate Tea Party would wake up?

< Message edited by epiphiny43 -- 12/23/2012 3:45:41 PM >

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RE: Fiscal cliff it is! - 12/23/2012 4:19:46 PM   
DaNewAgeViking


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Joined: 4/29/2004
Status: offline 		Okay, since the subject has come up, and seems eminent, just exactly what - all hype and hysteria aside - will this 'fiscal cliff' entail? What gets cut, what goes up, what gets changed? Anyone?

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RE: Fiscal cliff it is! - 12/23/2012 4:24:45 PM   
SimplyMichael


Posts: 7229
Joined: 1/7/2007
Status: offline 		Stuff

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RE: Fiscal cliff it is! - 12/23/2012 5:01:44 PM   
DesideriScuri


Posts: 12225
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: DaNewAgeViking
Okay, since the subject has come up, and seems eminent, just exactly what - all hype and hysteria aside - will this 'fiscal cliff' entail? What gets cut, what goes up, what gets changed? Anyone?



It's a compromise meant to motivate both sides to find a compromise. There are large cuts to Defense to motivate R's. There are large cuts to "welfare" programs to motivate D's. If they couldn't come up with a compromise by the end of this year, the cuts become law and immediately take effect. The cuts are also what is meant by "sequestration."

Since this is a law, and the people who write the laws are the ones supposedly being motivated to compromise, they could compromise by changing sequestration, or passing new laws replacing everything. Personally, I think it's more political blathering they can use to bash each other with.

_____________________________

What I support:

  • A Conservative interpretation of the US Constitution
  • Personal Responsibility
  • Help for the truly needy
  • Limited Government
  • Consumption Tax (non-profit charities and food exempt)

(in reply to DaNewAgeViking)
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RE: Fiscal cliff it is! - 12/23/2012 5:23:30 PM   
Yachtie


Posts: 3593
Joined: 1/18/2012
Status: offline
quote:

ORIGINAL: DarkSteven

It's all on Boehner. He's trying to come up with something that both the President and his own party will accept, and not able to. The GOP is not willing to give as much as they'll have to, just yet.


Give what? In on tax increases or massive sprending cuts?

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

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