Saturday, November 17, 2012

Avoiding The Fiscal Clift and Pandoras’ Box

I listened to the Presidents’ post election speech on Nov. 15 and was very interested in what he said regarding his reservations for avoiding falling off the now infamous “Fiscal Cliff of 2012”.

In my opinion and to paraphrase what I heard, “…I do not want to feel the situation is resolved and find out later there are loop-holes throwing the full weight of our economic burdens back onto the backs of the middle-class.”

Apparently the President rightfully anticipates the possibilities of  legal interventions challenging the contents in  any documents created by his Administration designed to avoid falling off the fiscal cleft. In other words, any efforts to modify existing documents would  be argumentative fodder  for his now openly public nemeses.

Enter the contemporary good fairy from the North, U.S. Sen. Patty Murray:
Let the Republicans eat cake! Let’s go over the Fiscal Clift! Let’s give them nothing, nothing, you hear, to help them to survive. Both their pledges to Grover Norquist and Grover Norquist himself can go straight to hell! Go to hell, I say and at that time we can forge a tax code that is equitable and fair for all Americans. I say we all hold hands and march to the edge of that cliff and jump off singing “Kumbayah!” at the top of our voices! Clicking our heels three times won‘t cut it this time! More than ever, we know what and who we are dealing with. God bless America!!

As always,
BB

 P.S. For some odd reason, I suspect most of the opponents of Pres. Obama and his administration have dual citizenship with dual national loyalties. 

The Wisdom Of Patty Murray on the Fiscal Cliff

By Matthew Yglesias
Excerpt:
 On January 1st if we have not gotten a deal, Grover Norquist and his pledge are no longer relevant to this conversation. A name, by the way, that I heard repeatedly by Republicans over and over in the Super Committee will no longer be a part of this debate. We will have a new fiscal and political reality. 

And
If the Bush tax cuts expire, every proposal will be a tax cut proposal, and the pledge will no longer keep Republicans boxed in and unable to compromise. If middle class families start seeing some money coming out of their paychecks next year, are Republicans really going to stand up and fight for new tax cuts for the rich?  Are they going to continue opposing the Democrat’s middle class tax cut once the slate is wiped clean?
Read more at:
http://www.slate.com/blogs/moneybox/2012/11/15/patty_murray_on_fiscal_cliff_it_s_easier_with_the_new_baseline.html



0 Comments:

Post a Comment

<< Home