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  Topic: A Bad Deal Beats
a Calamitous Outcome
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A Bad Deal Beats
a Calamitous Outcome

Commentary Magazine, by Peter Wehner

Original Article

Posted By:Dreadnought, 1/2/2013 9:45:46 PM

The deal to avoid going over the so-called fiscal cliff was a lousy one: tax rate increases during a weak economy, no spending reductions, nothing on entitlement reform. And yet if House Republicans had succeeded in derailing this deal, negotiated between Senator Mitch McConnell and Vice President Joe Biden, it would have been disastrous. It would have led to much higher tax increases on all Americans, even beyond the increase in payroll taxes that will now go into effect, and triggered decimating cuts in the defense department. And it would have done a great deal to advance the storyline

      


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Reply 1 - Posted by: JAN, 1/2/2013 9:51:24 PM     (No. 9095663)

Bush tax cuts codified for 99% of Americans but the bazillionaire loudmouths are unhappy.

Everyone should suffer on their behalf??

Fact is that the evil doer won and we have to live with it.

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Reply 2 - Posted by: right-turn, 1/2/2013 10:11:38 PM     (No. 9095677)

What makes this loud mouth an expert on a bill he hasn´t read?? Perhaps if the less than astute politicians in congress had done the right thing and passed a bill that favors the good of the country we wouldn´t be in this mess.

Rubio is one of 8 senators with enough brains to vote against it.

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Reply 3 - Posted by: dr fate, 1/2/2013 10:28:43 PM     (No. 9095697)

Nothing against Rubio personally, but of course he voted no, he´s running for President. This is how our cynical political class works. This time he gets to be the good guy; next time it´s someone else´s turn to be our shining light.

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Reply 4 - Posted by: Quaestio, 1/2/2013 11:30:58 PM     (No. 9095772)

I would have liked at least one Republican to demand real spending cuts or to allow all the tax cuts to expire - say either we must cut spending, or everyone has to pay a little more. Now the masses of idiots will never realize they pay no taxes because of President Bush.

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Reply 5 - Posted by: Cleanhousein2012, 1/3/2013 12:30:38 AM     (No. 9095823)

Sadly 4, you are so right. The repubs played it all wrong. Let the country go over the cliff, let EVERYONE feel the real cost and pain of big government, then start a tax reform bill at the start of the next congress and fix the tax system, not add more.

Now the repubs have to live with losing 15% or more of the voter base that are fiscally conservative/tea party. They won´t get the votes of the "47%" and they now have finished losing the trust of many of the rest of us. In 2014, they will now lose the House.

It is so time for a third party.




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Reply 6 - Posted by: 49 Ford, 1/3/2013 2:37:21 AM     (No. 9095871)

Nah, if we had gone over the fiscal cliff it wouldn´t have played out politically as #6 suggests. Rather than accept the cost of the colossal government they chose, this dumbed down electorate would have placed the blame on the GOP as the evil protectors of "the rich". That certainly would have been the narrative pushed by the administration and the MSM.

I don´t see any magic bullets or wake up calls in the offing. Eventually we will have to hit bottom, and only the Good Lord knows what that will look like.


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Reply 7 - Posted by: belwhatter, 1/3/2013 3:56:22 AM     (No. 9095890)

The sooner we hit bottom the better . The boneheads who voted in the second term will not capitulate until their freebies and bennies have disappeared in a puff of smoke - it´s the dose of tough love that the 51% of the country has got to experience - like being hit by a two by four - to bring some common sense into the space between their ears.

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Reply 8 - Posted by: Country Boy, 1/3/2013 4:40:26 AM     (No. 9095902)

Stupid premise by this author.

The Jan 1 tax deal did NOTHING to address the real problem, the Debt Bomb.

We have two choices ahead. Cut spending in Washington, across the board, and take a normal recession. We will live through it.

Or, do nothing and take the real Fiscal Cliff, total insolvency, hyperinflation, and probably a massive war.

A recession is the best outcome we can have.

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Reply 9 - Posted by: hamrman, 1/3/2013 5:15:11 AM     (No. 9095917)

Bull-Loney...this theater was all scripted and fabricated...the losers in this are We the People!

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Reply 10 - Posted by: minuteman, 1/3/2013 7:19:10 AM     (No. 9096018)

You could easily cut 10% from every taxpayer funded program and nobody would no the difference, except those who were let go from their cushy government jobs.

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