Friday, November 30, 2012

Fiscal Cliff Update

"It’s an uncomfortable but real truth that we are not all in this together; America’s top-down class warriors lost big in the election, but now they’re trying to use the pretense of concern about the deficit to snatch victory from the jaws of defeat."

-- Paul Krugman, New York Times

"Perhaps the key lesson the White House took from the last couple of years is this: Don’t negotiate with yourself. If Republicans want to cut Medicare, let them propose the cuts. If they want to raise revenue through tax reform, let them identify the deductions. If they want deeper cuts in discretionary spending, let them settle on a number. And, above all, if they don’t like the White House’s preferred policies, let them propose their own. That way, if the White House eventually does give in and agree to some of their demands, Republicans will feel like they got one over on the president. A compromise isn’t measured by what you offer, it’s measured by what the other side feels they made you concede."

-- Ezra Klein, Washington Post

These are indeed hearty developments and despite Speaker Boehner's far cry that 'listen, it is not a game'; the 'sky is falling game of fiscal cliff' continues. When popular backing is with Obama and Democrats, GOP must realize that if they do not like Obama offer, come forward and propose their own.

Oh and when Paul Ryan comes forward and proposes those draconian cuts to Medicare, just put those proposals in contrast to all those election speeches where he was the second coming of Jesus in claiming to protect Medicare and lower classes of America.

As President Obama 'threads the needle' of explaining Americans how his tax proposals are not out of line of historical average; heat will be on GOP. 

(And can the duo of Simpson-Bowles shut up for a while? They have hogged too much publicity without any resolution of America's problem when primarily they need to talk to GOP and stop the non-sense of blaming  'both parties'.)

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