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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (210301)12/3/2012 6:28:18 PM
From: Alex MG2 Recommendations  Read Replies (1) | Respond to of 543545
 
>>>wrong-headed because the public will blame all members of both parties<<<

the majority of clear thinking voters realize that at a minimum we start with ending the Bush tax cut welfare for the top 2%... the pathetic obstructionist tea-publicans including Boehner are still being greedy obstructionist douchebags... hey it's a free country, anyone is free to be greedy obstructionist douchebags if they want... just don't pretend that the majority agrees with you



To: Steve Lokness who wrote (210301)12/3/2012 7:55:45 PM
From: JohnM1 Recommendation  Read Replies (2) | Respond to of 543545
 
You're too taken with the "cliff" metaphor. If no deal is reached by the end of this month, tax rates go up for everyone. It looks to me right now that Obama has positioned himself as the defender of incomes under $250k and has a bill, passed the Senate, ready to be approved in the House, to do so. Thus, the Reps are only defending the rich. They lose and badly on the politics of that.

As for the economic effects of all this, my own guess is that, while the market may go down some, the actual effect on the economy will be gradual. Much time for correction.