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Topic: The Real Danger From the Fiscal Cliff |
The Real Danger From the Fiscal Cliff
Wall Street Journal, by Rand Paul
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Original Article
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Posted By:Grambo, 12/1/2012 8:45:46 AM
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| Americans are told that they face a fiscal cliff if automatic spending cuts and tax increases occur at the end of the year.I´m not in favor of jumping off a cliff, but the logic of the proprosed threat needs to be questioned. The fiscal cliff narrative assumes that spending cuts are bad for the ecconomy. It follows then, that more spending (and therefore more government debt) are good for the economy.
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Comments:
The last paragraph preety much sums it up for the GOP.
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Reply 1 - Posted by:
iowaDad, 12/1/2012 8:52:11 AM (No. 9042666)
Going over the cliff is far better than continuing to spend borrowed money to encourage people to be lazy.
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Reply 2 - Posted by:
bkt23, 12/1/2012 9:00:36 AM (No. 9042685)
There is no cliff (that we haven´t already gone over). This January 1, 2013 stuff is unimportant nonsense; it is a contrived situation designed to distract.
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Reply 3 - Posted by:
Eheu Fugaces, 12/1/2012 9:10:04 AM (No. 9042700)
So? Let´s strap on our parachutes and jet packs and take the leap. What the hell, we´re going to get blamed for whatever goes wrong anyhow, so we might as well jump over the cliff, taking Obama, Geithner and Bernanke with us.
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Reply 4 - Posted by:
tocsin, 12/1/2012 9:27:28 AM (No. 9042745)
Totally agree with OP´s comments.
better link:
http://online.wsj.com/article/SB10001424127887323830404578145313086563522.html?mod=googlenews_wsj
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Reply 5 - Posted by:
Davids918, 12/1/2012 9:32:15 AM (No. 9042758)
The Democrats are asking the GOP to negotiate with themselves and then take the blame for all the problems that result.
Stand firm.
"We´ve offered a budget in the House"
"The president´s budget offer wasn´t able to garner even 1 vote so it´s not on the table any more"
"the Senate Democrats haven´t offered a budget, so we´re waiting"
Put the focus on the Democrats failure to offer a realistic budget from the WH and nothing from the Senate.
Stop trying to offer more ideas, or throw the Democrats a life raft.
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Reply 6 - Posted by:
49 Ford, 12/1/2012 10:32:24 AM (No. 9042902)
The writer seems to assume that Obama cares a whit about the economic fate of the country. He is wrong about that, as most of us here know.
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Reply 7 - Posted by:
Grambo, 12/1/2012 10:50:11 AM (No. 9042950)
Thanks, #4.
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Americans are told that they face a fiscal cliff if automatic spending cuts and tax increases occur at the end of the year.I´m not in favor of jumping off a cliff, but the logic of the proprosed threat needs to be questioned. The fiscal cliff narrative assumes that spending cuts are bad for the ecconomy. It follows then, that more spending (and therefore more government debt) are good for the economy.
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