A growing number of Democrats say they are willing to let the country go off the fiscal cliff . . . to feel the PAIN they inflicted on us.
There is no fiscal cliff for the Dims. As usual, the Republicans were completely outmaneuvered. The 'price' for the Republicans is draconian cuts in defense spending (50% of the total cuts though DoD only consumes 16% of the budget), yet the 'price' to the Dims is reductions in payments to doctors and hospitals!
There is not one dime in cuts in benefits to moochers, and no reduction in the requirement to treat patients. There are just more bills that don't get paid - and the unpaid people are workers, not Dim constituents.
So, here is what happens if they do nothing (what is called, the 'fiscal cliff'). Taxes go up on everyone who actually pays taxes, defense spending is gutted, and doctors/hospitals raise prices on the responsible to cover the nonpayment of bills by the government-subidized.
Where's the downside for the Dims? Where is there pain?
posted on 11/27/2012 8:48:46 AM PST
Where's the downside for the Dims? Where is there pain?"""""....
Take it off the CLIFF and let's find out.
The outmaneuvering was in voting for a TEMPORARY tax cut back under Bush in the first place. Voting for a TEMPORARY tax cut IS a vote to raise taxes. It says I will lower taxes on date A and raise taxes on date B. Republicans would not be in this position if they had never voted to raise taxes in the first place.
Tax policy is not something that should be scheduled on a temporary basis at all. That’s not good for individuals or businesses. Not to mention it undermines the whole argument for having tax cuts in the first place. If it’s good for everyone to lower taxes, why in the heck would it ever be good to schedule them to go back up again later? I hope if anything comes of this it’s that we never get a “temporary” tax cut again.
posted on 11/27/2012 3:06:12 PM PST
(Newt Gingrich warned us that the "King of Bain" was unelectable. Did you listen?)
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