many tax breaks are about to expire
if
they don't agree on how to continue them
big cuts in defense and entitlements go into effect
if
they don't agree on how to reduce the debt
toldailytopic: What happens if America goes off the fiscal cliff? Are you concerned?
- Thread starter Nathon Detroit
- Start date
many tax breaks are about to expire
if
they don't agree on how to continue them
big cuts in defense and entitlements go into effect
if
they don't agree on how to reduce the debt
we have to give the democrats what they want
and
it will have to get much worse before the stupid voters understand what they have to do
and
it will have to get much worse before the stupid voters understand what they have to do
agnostic_gnostic
New member
The Republicans want to pay for the top 2%'s tax cuts (letting them pay less taxes then the middle class) by taking away your deductions. I'd rather go off the cliff than surrender to the elite's class warfare against the middle class!
They are even willing to vote against a middle class tax cut if by doing so they protect the interests of the elite.
They are even willing to vote against a middle class tax cut if by doing so they protect the interests of the elite.
Using your rationale our grand exalted poohbah, President Obama, would rather drop the nation over the cliff than cut spending.
That is a two-edged sword.
He is not a competent leader. He is a whining, shmoozing, blame- placing, sweet-talker!
we get blamed
if
we go over the cliff
and
we will still get blamed
if
we give them enough rope to hang themselves
but
we will at least be able to say it was their idea
if
we go over the cliff
and
we will still get blamed
if
we give them enough rope to hang themselves
but
we will at least be able to say it was their idea
Either we "hang" together or we shall see violence in the streets of America.
I think I'm OK with that.
PureX
Well-known member
It was the republican majority in Congress that created the 'fiscal cliff' and passed it into law. They did it to deliberately threaten the economic well-being of the country as part of their battle strategy with the democrats over the debt ceiling. But now it's blown up in their faces because Obama won the election, and it's become clear that their "cut aid to the poor so that our rich cronies don't have to pay their taxes" policy is not playing well with the public. And their "fiscal cliff" is really going to blow up in their faces if they continue to press the fight, because the truth is that THEY CREATED IT, and they could just as easily uncreate it. So they are now, in effect, holding a gun to their own heads, while trying to threaten the rest of the country with it.
The whole "threat" was a political ploy to begin with that has now blown up in the republican's faces. The longer they try to maintain their ploy, the more idiotic they look. And they know it. But they don't have the courage to admit defeat, and just eliminate the "fiscal cliff" that they insisted on creating back when they thought it would help them get their way.
They're going to have to do that eventually. So now we just get to wait and see how long it takes for them to admit their own failure, and undo their own idiotic legislation.
The whole "threat" was a political ploy to begin with that has now blown up in the republican's faces. The longer they try to maintain their ploy, the more idiotic they look. And they know it. But they don't have the courage to admit defeat, and just eliminate the "fiscal cliff" that they insisted on creating back when they thought it would help them get their way.
They're going to have to do that eventually. So now we just get to wait and see how long it takes for them to admit their own failure, and undo their own idiotic legislation.
Specifics?
Alate_One
Well-known member
Remember the debt ceiling negotiations? The "cliff" is what came out of them. Republicans were trying to create more leverage for themselves. Unfortunately it appears to have backfired.
Funny thing about the Republican negotiation "offer". It has the same level of cuts as the fiscal cliff, it just moves them from defense to ALL entitlements. Essentially saying to the President, "Hey take a worse fiscal cliff, ON PURPOSE!"
PureX
Well-known member
Do your own homework, fool.
It's called the Budget Control Act of 2011. The republican majority in Congress forced the democrats to accept it before they would agree to raise the debt ceiling. The point of it was to force democrats to agree on future cuts to government spending or suffer unacceptable consequences starting in 2013. But the republicans lost the election, and 2013 is fast approaching. And their position has eroded significantly with the public. So now they are stuck being the authors of legislation that is about to do real harm to the economy, and the only way to undo it is to admit the defeat of their agenda, and agree to some form of increased taxation on their coveted wealthiest 2%.
They created the legislation because they had and still have the majority in Congress. And they can just as easily uncreate it. So the burden of the legislation, if it is enacted in 2013 will be all on them because they did create it and because they can stop it if they want to. But as I said, to do this means they have to recognize their own defeat, and politicians have a very difficult time doing that, these days.
agnostic_gnostic
New member
“Using your rationale our grand exalted poohbah, President Obama, would rather drop the nation over the cliff than cut spending.”
bybee ( post 24)
http://www.forbes.com/sites/rickung...isenhower-would-you-believe-its-barack-obama/
“President Obama does have the lowest growth [ in spending] of any president since the Eisenhower Administration.”
FROM
http://crfb.org/blogs/fiscal-fact-checker-how-much-has-spending-increased-under-president-obama
Perhaps you should stop watching fox “news”?
http://www.youtube.com/watch?v=Y43LTuGlVaI
http://www.youtube.com/watch?v=bqA8oxY6aao
http://www.youtube.com/watch?v=w7EvBxRYNME
bybee ( post 24)
http://www.forbes.com/sites/rickung...isenhower-would-you-believe-its-barack-obama/
“President Obama does have the lowest growth [ in spending] of any president since the Eisenhower Administration.”
FROM
http://crfb.org/blogs/fiscal-fact-checker-how-much-has-spending-increased-under-president-obama
Perhaps you should stop watching fox “news”?
http://www.youtube.com/watch?v=Y43LTuGlVaI
http://www.youtube.com/watch?v=bqA8oxY6aao
http://www.youtube.com/watch?v=w7EvBxRYNME
eameece
New member
I don't see why very many people would suffer. People will pay the taxes they did during the prosperous Clinton years. They will not hurt anybody. There will be cuts to defense, which will be good for everybody. Other spending cuts I'm not so sure about.
eameece
New member
fetuses are not babies
people choose what works best for them
people are putting more into savings these days, not less
you take care of those in need, then you take care of all
eameece
New member
No, he's finally being a good leader. He is standing up to the idiot Republicans instead of giving in to them. He "won't play" the debt-ceiling game, and he won't let the rich get away with not doing their share. Good for him. He's showing he has a backbone. The nation will be better for it.