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Look Who's Refusing To Compromise To Avoid The Fiscal Cliff
Investor's Business Daily ^ | 11/13/2012 | IBD Staff

Posted on 11/14/2012 4:13:59 AM PST by IBD editorial writer

Budget Talks: If President Obama wants to get a deficit deal done to avoid the fiscal cliff, his biggest challenge won't be Republicans, but his own hard-core left-wing supporters.

Two days after the election, Obama's favorite economist, Paul Krugman, set the tone for the intransigent left in a column titled: "Let's not make a deal." Boiled down, his advice to Obama was this: Don't give in to any Republican demands, even if doing so would "inflict damage on a still-shaky economy." After all, Obama would be better positioned to "weather any blowback from economic troubles."

Krugman's advice may be disturbingly cold and calculating, but he has plenty of company on the left.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: fiscalcliff; krugman; obama; taxes

1 posted on 11/14/2012 4:14:02 AM PST by IBD editorial writer
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To: IBD editorial writer
Who cares? Let Obama take Krugman’s advice and let us plummet. The sooner we get it over with, the better. Elections have consequences.
2 posted on 11/14/2012 4:19:12 AM PST by liberalh8ter (If Barack has a memory like a steel trap, why can't he remember what the Constitution says?)
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To: IBD editorial writer
No deal... let the treason of obama, reid, pelosi, boehner, mcconnell and cantor be seen for what it is. Let the people feel the pain... let the back room deal go through. ALLOW THE CLINTON TAX RATES TO GO BACK INTO EFFECT (and stop referring to Bush Tax Cuts) and let Medicare and the Military each feel the knife of 750 billion dollars in cuts. The sooner we reach bottom... the sooner we start to rise again. There is no stopping the depression that is coming... but we can usher it in and make it as short as possible... and the sooner the better. krugman will be a hunted man one day... many of these leftists will be.

LLS

3 posted on 11/14/2012 4:23:29 AM PST by LibLieSlayer (I AM JOHN GALT)
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To: IBD editorial writer

Any failure of talks will still be blamed on Republicans. “Working together” and “compromise” mean Republicans give in to the Democrats. Democrats don’t have to give an inch.


4 posted on 11/14/2012 4:26:31 AM PST by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: LibLieSlayer
krugman will be a hunted man one day... many of these leftists will be.

"Where can I get me a huntin' license"

5 posted on 11/14/2012 4:37:08 AM PST by Go Gordon (It's barack hussein obama - because he doesn't believe in capitalism.)
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To: Go Gordon

Normally don’t need a license for varmints.


6 posted on 11/14/2012 4:55:22 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: R. Scott

Notice the narrative changed. It is n longer the “Bush tax cuts for the rich.”

Only the rich benefitted. The Republicans should remind the MSM of that since it was they who lied to the American people.


7 posted on 11/14/2012 5:04:23 AM PST by EQAndyBuzz (The goal is to equalize outcomes based on race without regard for performance or merit.)
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To: IBD editorial writer

And this Krugman idiot wants more than Jimmy Carter style inflation back or should say stagflation back.


8 posted on 11/14/2012 5:05:18 AM PST by CORedneck
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To: IBD editorial writer

Let Democrats lead the charge over the cliff. Get out of their way. The Republican PR machine needs to take an observe and report position, making sure there is no confusion about who is to blame for the disaster that has arrived. If the American people want economic, cultural/social ruin and Third World corruption at the polls and in politics, let them have it. Let them have it in abundance.

Republican controlled states should do whatever they can to buffer their citizens from the full impact of this train wreck.


9 posted on 11/14/2012 5:14:11 AM PST by pallis
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To: IBD editorial writer

Bring back US jobs now.


10 posted on 11/14/2012 5:22:25 AM PST by Cringing Negativism Network
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To: LibLieSlayer

krugman will be a hunted man one day... many of these leftists will be....Trumpka has already been to the White house parroting Krugman. Boehner needs to ask “What do you want?” Obama tells him, he says “OK”. Every Pub votes present and see what happens.


11 posted on 11/14/2012 5:28:23 AM PST by Safetgiver ( Islam makes barbarism look genteel.)
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To: Go Gordon

Did you know that john francois kerry served in Vietnam?

LLS


12 posted on 11/14/2012 5:29:36 AM PST by LibLieSlayer (I AM JOHN GALT)
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To: IBD editorial writer
IBD missed an other point.

When in the last 30 plus years has the Democratic party kept their portion of a compromise with the Republicans.

You can never do business, at any level, with a person who constantly fail to live up to their promises.

There are only two things that drive the liberal/progressive/socialist/democratic cabal - power and ideology. Note that keeping their word, to “We, the People.” and Republicans isn't included in that list.

13 posted on 11/14/2012 5:30:43 AM PST by Nip
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To: IBD editorial writer
Screw ‘em, they voted for this guy, don't capitulate let them take us over the fiscal cliff. This once great nation needs a good case of diahrea. Maybe then and only then the ignorant voters will wise up.
14 posted on 11/14/2012 6:00:38 AM PST by kenmcg (scapegoat)
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To: IBD editorial writer

Paul Krudman is as much of an economist as Bill Maher is a comedian.


15 posted on 11/14/2012 6:07:37 AM PST by windsorknot
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To: liberalh8ter

I agree. the GOP compromising and thus giving legitimacy to the Democrats statist/collectivist policies is not working. Prior to the election, the Democrats were saying that the reason that the economy was getting worse under Obama was because the Republicans were not giving them everything they want. Many who voted for them bought that absurd canard.

Given that the Left dominates the media, academia and entertainment industry, it is clear that it is impossible to debate with people who effectively use fear, envy and other base emotions to counter logic, reason and evidence.

Let us then give the American people a practical education.

Clinton claimed credit for a good economy when in fact it was due to the Republicans taking both houses in ‘94. When the economy started to tank during the latter part of George W. Bush’s 2nd term, he got the blame when in fact the Democrats took over Congress in ‘07.

Let the American people learn what it is like when the Democrats get everything they want. There will be no recovery for them to take credit for and nobody but themselves to blame when the economy tanks.

I am fully aware that when Leftist policies fail, they always call for even more government and less freedom. I have faith that the American people will figure it out in time. If not, we are already condemned to be the frogs in the gradually boiling cauldron of statist collectivism.


16 posted on 11/14/2012 6:42:30 AM PST by walford (http://natural-law-natural-religion.blogspot.com/)
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To: CORedneck

IIRC, Carter had a prime rate of over 20%.

Since we have had so many Muslims infiltrate this country since then, this could gt interesting.

They don’t believe in charging interest for any money transactions.


17 posted on 11/14/2012 6:44:22 AM PST by ridesthemiles
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To: LibLieSlayer

Really? Did he get any medals?


18 posted on 11/14/2012 6:46:26 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: ridesthemiles

They don’t believe in charging OTHER MUSLIMS interest.
However, they just change the terminology to “I’ll loan you X amount of money if you pay me a FEE of Y”.


19 posted on 11/14/2012 6:47:32 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: R. Scott

All should vote “present” on the fiscal bills.


20 posted on 11/14/2012 6:49:50 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Go Gordon; DuncanWaring; LibLieSlayer

21 posted on 11/14/2012 7:22:17 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: MrB
Yes... he blew a few grains of rice into his own butt and cut his finger on the helm of his PBR. Multiple Purple Heart recipient.

LLS

22 posted on 11/14/2012 7:55:15 AM PST by LibLieSlayer (I AM JOHN GALT)
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To: IBD editorial writer
Something tells me Krugman will be among those squealing like a pig about the House's intransigence when the collapse comes.

These people are clinically insane.

23 posted on 11/14/2012 7:55:50 AM PST by skeeter
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To: lowbridge

I guarantee obama’s puppets will cave if the republicans call their bluff. They’ll scream “the republicans want to give the wealthy a tax cut” for a while but eventually they’ll cave and say they did it to help the middle class. If the GoP had any guts at all they simply say “We came to an agreement last year. Twelve senators came up with a stupid idea, and that’s what the senators called it, now we must live with it.”


24 posted on 11/14/2012 7:56:14 AM PST by Terry Mross (I haven't watched the news since the election. Someone ping me if anything big happens.)
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To: MrB

That was good enough for 0bama.


25 posted on 11/15/2012 3:52:48 AM PST by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: lowbridge
Wow ...

Once upon a time, boys and girls, that was funny.

26 posted on 11/15/2012 4:07:37 AM PST by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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