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Topic: Look Who´s Refusing To
Compromise To Avoid
The Fiscal Cliff |
Look Who´s Refusing To
Compromise To Avoid
The Fiscal Cliff
Investor´s Business Daily, by IBD Staff
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Original Article
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Posted By:RustMB, 11/14/2012 7:10:28 AM
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| 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." [snip] Krugman´s advice may be disturbingly cold and calculating, but he has plenty of company on the left
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Reply 1 - Posted by:
god of irony, 11/14/2012 7:31:03 AM (No. 9013101)
Don´t worry the GOP will lose the PR war as usual.
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Reply 2 - Posted by:
Blue-Z-Anna, 11/14/2012 7:32:45 AM (No. 9013105)
The house either holds the purse strings or it does not.
Which is it, Mr. Boner ?
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Reply 3 - Posted by:
49 Ford, 11/14/2012 7:32:59 AM (No. 9013107)
It´s not hard to figure. He will, with a wink & nod to his base, go through the motions of negotiating with the Republicans, scuttle any emerging deal with new demands, once again proclaim his willingness to walk McConnell´s dog and then count on the MSM to pin the blame on the GOP. The old "Nailing Jelly to the Wall" trick. Nothing new to see here.
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Reply 4 - Posted by:
shamus, 11/14/2012 7:33:39 AM (No. 9013110)
If the US is going to spend excessive amounts on social welfare, then taxes must be raised to pay for it. Borrowing trillions from the Chinese is not an acceptable choice.
If Republicans allow current law to take effect, then they will be able to insist that spending gets cut to pay for any increase in the debt ceiling. Obama will (of course) ignore the law and exceed the debt ceiling, but this will form the basis for impeachment.
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Reply 5 - Posted by:
fljack, 11/14/2012 7:35:55 AM (No. 9013117)
Obama wants ALL the Bush tax cuts to expire so he can point the finger at the Republican House and tell the American people that the Republicans raised taxes and lied. He also wants sequestration to fully take effect to further decimate the military and to use those funds for reparations and massive vote buying. Again, sequestration will be blamed on those nasty Republicans who won´t "come to the middle or negotiate in good faith".
Just wait ´til 2014 when the Dem ads come out.
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Reply 6 - Posted by:
RosietheObserver, 11/14/2012 7:37:44 AM (No. 9013123)
They already said that whatever happens is the GOP´s fault. They got away with blaming Republicans when they had both houses of Congress and a Democratic president, so they will get away with blaming republicans no matter who is to blame. People don´t think --they just accept what the media tells them.
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Reply 7 - Posted by:
Wetlandz, 11/14/2012 7:39:18 AM (No. 9013130)
Would be nice if we can raise taxes on the bottom 50% as well. People need to see tax hikes are not the answer to avoid a fiscal cliff.
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Reply 8 - Posted by:
provide, 11/14/2012 7:41:44 AM (No. 9013135)
Bammy´s been making references to Lyndon Johnson lately and he believes he can drag in the legislators and twist arms like the great master. Sorry Bammy, I knew Lyndon Johnson and you´re no Lyndon Johnson.
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Reply 9 - Posted by:
oh-heck, 11/14/2012 8:00:30 AM (No. 9013189)
Let the Bush tax cuts expire for everyone. Let the Payroll Tax Holiday end on schedule. Then ask the President to convince working poor and middle class that he needs even more of their money to invest for them.
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Reply 10 - Posted by:
steveracer, 11/14/2012 8:04:30 AM (No. 9013198)
Exactly #1. And the Republicans will find a way to point the gun at themselves. What a bunch of chumps. They need to start pushing the Democrats around.
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Reply 11 - Posted by:
SourKraut, 11/14/2012 8:04:57 AM (No. 9013199)
Why try to ´avoid´ it ?
Let the idjuts who voted him in, get hit with it
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Reply 12 - Posted by:
Nimby, 11/14/2012 8:11:39 AM (No. 9013213)
Next time Pollsters should probably put the media as a third party responsible for inflation and unemployment along with publicans and drats?
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Reply 13 - Posted by:
MattMusson, 11/14/2012 8:29:15 AM (No. 9013256)
The compromise will come days AFTER the USA jumps off the cliff.
The compromise will raise taxes while providing Bohner an opportunity to say ´I did not vote to raise taxes!´
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Reply 14 - Posted by:
dwbbb, 11/14/2012 8:44:50 AM (No. 9013295)
Why would the democrats compromise? Slashed military spending and higher taxes represents utopia to them. Do you really believe they care about the middle class?
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President Obama vastly exaggerated the spending cuts and deficit reduction his budget plan would produce, while dramatically undercounting the level of tax hikes, according to a Congressional Budget Office analysis of his budget released Friday. When Obama put out his budget in mid-April he said that it "will reduce our deficits by nearly another $2 trillion," and "does so in a balanced and responsible way, a way that most Americans prefer." But the CBO report finds that Obama´s budget will cut 10-year deficits by just $1.1 trillion, with annual deficits starting to rise again after 2017.
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