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Deal sets stage for round two
I would put the President and Joe B in the loser column as well. Middle class taxpayers now realize that they will eventually pay a big part of the tab on overspending by the Govt. The cuts will hit just about everyone. Once the "tax the rich" issue is resolved Barry and Joe will be on the hot seat to start producing something.
Mitch McConnell is a piece of work. He's the one who gets credit for bunging up the Senate for Obamas first term. Now for Obamas SECOND TERM Mr. McConnell, I repeat SECOND TERM, you can just sit and eat crow.
This is a slippery slope. We can expect the DEMs to soon identify a new group of "rich" people to raise taxes on. Unfortunately the DEMs only answer to deficits is raise taxes. They'll have to find a new sneaky way to raise them next round.
I'm really sick of the DEMs quickly pointing out "we can't accomplish much by cutting descretionary spending". BS, if you don't care about saving taxpayers $50,000 or a million dollars in wasted governement you don't care about $50 billion or a trillion here or there either. A lot of governement should be zero balanced every year.
And the Republican's are going to push to cut Medicare and Social Security? The same Republican's who have been refusing to name what cuts they want to make to those programs? The same Republican's that were complaining about President Obama's $700 B cuts in Medicare? heh.
Who is surprised? Even though the messiah campaigned on increasing taxes on the "rich," and he got almost everything he wanted on his proposal to avoid the "fiscal cliff," taxes are going to rise for "the vast majority of American households." All of you messiah supporters that believed you were not going to get an increase could not understand that that's the only way the math was going to work. obama and his socialistic policies require massive amounts of money and taxing only "the rich" was not going to come close to covering his extensive spending proposals. Just think, when obamacare kicks in full force in 2014, those taxing levels are going to have to increase even more. On the good side, all of you obama supporters that were so happy with the thought of the wanna-be king raising taxes on the "rich" are now, apparently, members of the "rich" that you so abhor.
This should be very interesting. Republicans get the "coddle the rich" monkey off their backs for round II, but the onus will still be on them to push Obama for specific spending cuts to Scocial Security and Medicare, neither of which is a popular idea. So, the President can now take the position of "holding the line on" cuts to these popular programs, giving in some, but not too much. Then when the next election/s take place, Dems will be able say, "watch out, the GOP wants gut SS and medicare, while we are trying to protect you from them as much as possible. So the tool the GOP must employ is to demand that the President "lead" by submitting specific cuts. It all comes down to whose idea the cuts are perceived to be (bad guys), and who is forced to "reluctantly" concede to some of them (good guys). Like I said, it should be interesting
The only ones calling the President the "messiah" are sour-grape-eating conservatives. On another note, no one but the folks on the fringe thinks we can solve this financial mess by either a) Just raising taxes or b) just cutting spending. There has to be a balanced approach, JUST AS the President has been saying since before the campaign. Personally, I don't mind paying a little more in taxes (as we all will). Now they just have to figure out how to cut some spending. Maybe we can just not buy a few F-35s??
I'm anxious to see if the DEMs will agree to do any REAL cuts in anything besides defense. The next thing they'll want is raising the payroll taxes to us "rich" people earning 150K a yr or more.
"On the good side, all of you obama supporters that were so happy with the thought of the wanna-be king raising taxes on the "rich" are now, apparently, members of the "rich" that you so abhor." We don't abhor rich republicans we just believe you are out of touch with 98% of Americans.
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