Raes and Obama must be simpatico about the Fiscal Cliff, Barack and his women are about to go on a three week vacation to Hawaii.
Never mind working out a compromise with Congress, have to go home for the holidays. Meanwhile Mark Udall has said he will stay in DC until new tax credits for wind are approved.
Thomas Sowell: There are no solutions, just trade-offs.
on that note wrote: I just ate my last twinkie in the box I bought. I kinda fell like I am standing at a cliff.
Psst, I found Donettes in a Colfax Shell station and Wonder Bread at the qwickie mart across the street from Hog Heaven, but I had to pay double for the bread.
A pair of my more enterprising coworkers bought eight cases of Twinkies from the day-old Hostess store so if you want stale twinkies, I can give you their Swiss bank account number.
Thomas Sowell: There are no solutions, just trade-offs.
Here are a couple of big negatives by going off the fiscal cliff.
The CBO projects unemployment would go back over 9% with a possible new recession to boot. I wouldn't think Obama would want that in his legacy regardless of who you want to blame.
Taxes would go up substantially for most all tax payers including low income. The Tax Policy Center estimates an average yearly income tax increase of about $3500. Middle class earners making between $40-$65K would see a projected increase of nearly $2000.
FredHayek wrote: Taxes going up across the board is one of the parts I like. Much more fair than just targeting 2% of the population.
I don't entirely disagree, and have asked before why do the Dems want to keep the Bush tax cuts for 98% of taxpayers if the Bush tax cuts were so bad? I don't think it's a good idea to happen at the same time/if we are also entering another recession, though.
Also, I'd rather reduce tax rates and make up for it by reducing or eliminating deductions.
Anyway, I'm just letting people know that if we go off the fiscal cliff then they better figure out how to come up with another $2000 or so in 2013...
Whether you find it gripping or tedious, the fiscal cliff battle, as with great conflicts past, has inspired the country’s creative minds. Indeed, the pace of poetic output has accelerated in recent days. Here’s a rundown.
I don't care where you fall on the political spectrum, this is just funny! rofllol ‘Twas the Night Before Fiscal Cliff
By Nick Thomas
Posted: Sunday, December 9, 2012 6:00 am
‘Twas the night before Fiscal Cliff, and throughout the land,
Democrats, Republicans were taking a stand.
Their positions unwavering, intractably firm,
With donkey-like stubbornness or entrenched pachyderm.
But the public were hopeful all snug in their beds,
With visions of compromise alive in their heads.
“Come on!” said the people in frustrated dismay.
“Abandon this meaningless partisan fray.”
<snip>
“Never mind,” said the Prez, “we’ll just keep delaying,
Who cares what the grumbling public are saying.”
But out in the blogosphere there arose such a clatter,
The people revolted, resolving this matter:
“There’s only one way to deal with such fools
Obama and Boehner must settle by duel.”
You'll have to go the the link to read how it turns out! tongue:
"Now, more than ever, the illusions of division threaten our very existence. We all know the truth: more connects us than separates us. But in times of crisis the wise build bridges, while the foolish build barriers. We must find a way to look after one another as if we were one single tribe.” -King T'Challa, Black Panther
The truth is incontrovertible. Malice may attack it. ignorance may deride it, but in the end, there it is. ~Winston Churchill