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The Real Danger From the Fiscal Cliff
Wall Street Journal, by Rand Paul

Original Article

Posted By:Grambo, 12/1/2012 8:45:46 AM

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.

Comments:
The last paragraph preety much sums it up for the GOP.

      


Post Reply  

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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Below, you will find ...

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The Benghazi scandal was and is shocking, and the Justice Department assault on the free press, in which dogged reporters are tailed like enemy spies, is shocking. Benghazi is still under investigation and someday someone will write a great book about it. As for the press, Attorney General Eric Holder is on the run, and rightly so. They called it the First Amendment for a reason. But nothing can damage us more as a nation than what is happening at the Internal Revenue Service. Elite opinion in the press and in Washington doesn´t fully understand this.

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Former Nebraska Senator Chuck Hagel is apparently the prospective Obama nominee to replace Leon Panetta as the Secretary of Defense. Earlier this week my daughter Eliana reported how he has been lobbying for a senior position in the administration. With Chuck Hagel at Defense and John Kerry at State, we would have a one-two punch aimed squarely at our own head.

The Real Danger From the Fiscal Cliff
Wall Street Journal, by Rand Paul    Original Article
Posted By: Grambo- 12/1/2012 8:45:46 AM     Post Reply
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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