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Paul Krugman Agrees There Is No Fiscal Cliff


Last week I posted two essays (here | here) on why I believe the best way for the GOP to address the wildly misnamed “Fiscal Cliff” is to walk away. The impact of doing so, according to the CBO, will be a temporary downturn in the economy which will make the economy stronger in the long run. Fiscal impact aside it is rarely in your interests to cut a bad deal.

As it turns out, Nobel Prize winning economist and all around Obama fluffer, Paul Krugman agrees.

So what should he do? Just say no, and go over the cliff if necessary.
It’s worth pointing out that the fiscal cliff isn’t really a cliff. It’s not like the debt-ceiling confrontation, where terrible things might well have happened right away if the deadline had been missed. This time, nothing very bad will happen to the economy if agreement isn’t reached until a few weeks or even a few months into 2013. So there’s time to bargain.

More important, however, is the point that a stalemate would hurt Republican backers, corporate donors in particular, every bit as much as it hurt the rest of the country. As the risk of severe economic damage grew, Republicans would face intense pressure to cut a deal after all.

Meanwhile, the president is in a far stronger position than in previous confrontations. I don’t place much stock in talk of “mandates,” but Mr. Obama did win re-election with a populist campaign, so he can plausibly claim that Republicans are defying the will of the American people. And he just won his big election and is, therefore, far better placed than before to weather any political blowback from economic troubles — especially when it would be so obvious that these troubles were being deliberately inflicted by the G.O.P. in a last-ditch attempt to defend the privileges of the 1 percent.

Most of all, standing up to hostage-taking is the right thing to do for the health of America’s political system.

So stand your ground, Mr. President, and don’t give in to threats. No deal is better than a bad deal.

Now much of Krugman’s analysis is wrong. This is not unusual. When Krugman ventures from his academic writings his is both an inveterate liar and relentlessly wrong. But in the main he is right.

    There is no Fiscal Cliff that demands action by a lame duck Congress.
    The cost of giving Obama both his tax increase on high earners and respite from spending cuts – the near certain outcome of any negotiation — would be near criminal malfeasance on the part of Speaker Boehner and the GOP leadership.
    As we did not take the presidency or the Senate we are not in the position as some rather imbecilic commenters on this site have suggested of making demands.
    A deal against your own interests is not a deal, it is capitulation.

The situation facing us on January 1 is not a fiscal cliff. It is a deal we negotiated very hard to achieve two years ago and have allowed ourselves to be terrified of accepting. We are on the verge of negotiating away both tax rates and spending. That is a monumentally bad idea and we should simply walk away and prepare for the 2014 budget battle.

COMMENTS

  • APA Guy

    Precisely, Jeff…the public put its trust in Democrats last Tuesday. That same public will blame Obama for HIS recession and unwillingness to do what is necessary for the country.

  • jaykali

    Here is one potential problem I have. If the Democrats hold firm and let the tax cuts expire, then all they have to do is propose a new bill that only cuts taxes for lower wages and then you have Republicans backed into a corner. Now that still is unlikely to happen bc all parties don’t want the bad press and don’t want the markets crashing. But ya at this stage I would be fine with just letting all of the tax cuts expire. Democrats always say the Bush tax cuts were for the rich, so let’s see.

  • jaykali

    Nah believe me the House IS the new Bush foil. Everything is going to be blamed on the “radical” House no matter why don’t the Republicans just govern the way they want to. The media is all to happy to blame extremist Tea Party Republicans for all of our country’s problems. I say fine. Let’s just let all this crap expire and see if raising a bunch of taxes can actually lower the deficit. It is better than any half-baked measure they’ll take otherwise.

  • jaykali

    Speaking of which, I can’t wait to hear Obama’s plans for entitlement reform which I am guessing will be suggest “we need to do something” and be really vague and non-committal ab it so that you can attack the opposition when they actually propose something.

    What’s really going to be fun is having the environmentalists run the show. They might even get more done than big labor. You saw that even big labor couldn’t get the pipeline. So I fully expect California-style regulations coming out of Washington going forward. Coal plants closing, gas prices rising, more “investments” in donor-backed clean energy ventures, and much much more!

  • philster

    I say let the tax cuts lapse. The R’s in the house will be blamed no matter whatever happens either way. At least the myth that the cuts were for the “rich” will disappear when most people look at their pay stubs. This place is going down and there is no way to stop it. Its only a matter how fast. Miserycare is the lethal wound to to America, for many reasons. The increased taxation will only accelerate our destruction. But since we ARE going down, faster is better than a death by a thousand cuts. IMO

  • jaykali

    I think I agree. I think the war that needs to be waged is in the media, bc the conservative message is being drowned out. I would love to know how we could make that happen without buying a major network or two.

  • Common_Cents

    first of all, we need a hostile media bootcamp for all Republicans. Gawd I’m tired of seeing these naive well intentioned idiots throw themselves to the media interview slaughter.

    Gingrich, Giuliani, Sununu, Allen West, Rubio types could teach the bootcamp in handling hostile media.

  • mln80

    Yes, this notion that the “do nothing” gop house as it has already been dubbed is going to do nothing and the dems will somehow get the blame is ridiculous. I’m worried about the stance already taken by the speaker that Obama must take the lead. WTF do we vote these guys in for, to hand off the lead to Obama! Grow a pair Mr. Speaker!

    I want to see the house agree to letting the tax rates go back up on rich, as Obama wants, except that it only include individuals. We hit three points on this:

    1- letting the bush cuts on those over $250,000 won’t raise anywhere near enough revenue, something much of America doesn’t seem to get

    2- If the dems don’t agree it puts them in the position of not compromising when the gop has compromised on the biggest point of opposition, tax increases for the “evil rich”.

    3- If they don’t agree to exempting businesses, then they have to defend increasing taxes on businesses, putting the gop in a much better position to hit the point that taxing businesses more will lead to more job losses.

    Let’s not negotiate from a position of weakness, and give the dems the populist push to oust the “do nothing” gop in the house.

  • http://www.examiner.com/x-1597-Charlotte-Law--Politics-Examiner Mike gamecock DeVine

    Streiff, gamecock totally agrees. More later in a column.

  • Viet71

    I’m all for doing a Thelma & Louise.

    But only to shock the system and force responsible government.

    There WILL be a shock.

  • California Conservative

    Tax bills must originate in the house and the last time I checked we have control there. Now is the time for tax reform if there is to be any deal at all. And by the way does anybody remember the last time the ways and means committee chairman was seen in an interview talking about tax policy? Me either!

  • philster

    I think you’ve got something there. I am always stunned how timid to R leadership is in confronting the media. Gingrich and West are the prime examples of how that’s done.

  • APA Guy

    I think this is where you and I diverge every so slightly, streiff. I think the fiscal cliff exists…and will put very real harm on Americans. I think the stock market will initially nose dive due to the public (spending cuts) and private (expiration of the tax cuts) resources that will be taken out of an economy already growing at a snail’s pace.

    Where you and I see eye-to-eye is where the necessity of the action is concerned. In the end, our economy will be better for allowing what is about to transpire to occur. Politically, if the voting public is to blame anyone, they will blame the guy who promised to transform Washington and forge bipartisan agreements. Problem for him is, he already reached that agreement when he extended the tax cuts for only 2 years and agreed to the spending cuts.

    You hear me Republicans? The bipartisan deals have already been reached…no need to reinvent the wheel. Let what is about to happen take place. The nation will thank us, not Democrats, for it in 2014 and 2016.

  • streiff

    save yoiur breath. There is a portion of our commentariat that just assumes the Constitution doesn’t exist.

  • ceili_dancer

    I’m all for the cuts in spending, but quick question. Would the cuts effect the current baseline? We have had 4+ years of massive overspending baked into the baseline and if we can lower that(not just the rate of growth , but actually lower it) that would be worth any pain. But I like what APA proposes with letting voters live with what they voted for. You break it, you bought it.

  • ceili_dancer

    And another round of downgrades on our credit.

  • streiff

    it’s a mix. The key part is the sequester which would affect 2013 outlays. What I don’t think we can afford to do is trade real cuts today for something in the future.

  • streiff

    we shouldn’t run like scalded dogs from the idea of credit downgrades. It raises the cost of borrowing which means it will make deficit spending more painful. Going over the “fiscal cliff” will actually make our credit rating better.

  • joshuatwill

    Everyone talks about spending cuts but based on the budget figures I don’t see how that helps our situation. In order to get out of the debt hole we have to cut into mandatory spending(pensions, medicare, social security) and no administration is going to see past their moral obligations to keep those in place.

  • honor8versus8expedience

    One problem, the deal seems to only tax the “rich,” a definition that included upper middle class. Most americans will not feel the taxes. So I am not sure how you expect people to suddenly turn to Conservatism, if not many new people are
    affected.

  • Dave_A

    Except that the Dems will not accept entitlement starvation.

    The ‘non defense’ cuts will be taken out of parks, law enforcement, and everything else that ‘everyone likes’ while welfare is protected. They’ll close Yellowstone & the Grand Canyon, but keep TANF & Food Stamps fully funded….

    It is a common trick at the state/local level, insert police/fire/schools in the place of the NPS & FBI…

  • gordolownds

    Get out of the bubble. Breathe some fresh air. The reason we are running massive deficits leading to ever growing debt is simple. It is a result of Reagan’s “starve-the-beast” policy. Revenues are at historic lows not seen since the 20′s, spending as a proportion of GDP is actually not bad considering historic levels and if we compare ourselves to other nations who are in decent economic shape. We can pretend this is not true, but it’s math, people – simple math.

    Trickle down is dead – it is a bogus theory created by a charlatan on the back of a cocktail napkin – LITERALLY. We buried a report that WE commissioned just a few months ago that tells us this in no uncertain terms. When did we become the party of morons now willing to live in the real world? I’m tired of it. I’m tired of being led by the nose by idiots who are more interested in making Democrats look wrong and parroting right-wing talking points that only we have fooled ourselves into believing. I want to convince people of Republican ideals and ideas through conviction and the strength of our arguments. Unless we can do this, it is time to shut down shop and admit we are not up to the task of leading our nation once again.

    The truth is a b!tch, but we need to finally admit – it’s the truth.

  • honor8versus8expedience

    If we give in, class warfare wins. And obama delivers what he sold to Americans to win. Is that what we want to do? Who decides what a fair share is anyway? Obama? Heck no!!

  • gordolownds

    Who gives a rats a$$ about these old battles. We lost! It’s time to get with the program and function as a RESPONSIBLE minority realizing our limitations and looking for areas in which there is agreement between us and Democrats. Maybe after we show that we are capable of acting like adults, the Nation might trust us with the Senate and White House again.

    So very tired of all this sh!t and all of you small minded morons who have gummed up the machine and made us the laughing stock of the world. Truth eff’ing hurts don’t it?

  • gordolownds

    Wake the F up. Spending cuts right now will lead to another recession (just look at austerity in the European nations that decided to go that way – please, just look at the facts before you) that will put us deeper into the economic growth hole, and make it HARDER, not easier to cut deficits and eventually debt. We need to GROW and create JOBS – NOW. We need to tackle the debt and deficits once we have accomplished this.

    It’s economics 101. There is a reason it was called the “Laffer” curve…

  • gordolownds

    Sick of people like you more interested in making decisions on the basis of who will be “blamed” instead of how we can improve things. We will be put into power when we are seen to be working to improve things. Dropping the B.S. that we have been shoveling and that only we have been left believing is the first step…

  • gordolownds

    Any bill that originates in the house can be amended in the Senate in any way the Senate wants. Your distinction is one without meaning.

  • gordolownds

    More Constitution talk. Keep that up – it has worked so brilliantly for us up this point.

  • gordolownds

    I’m tired of focusing on this as if it matters to anyone other than the most petty amongst us.

  • Locked and Loaded

    There is no “we” here for you. I’m sure streiff, moe, or some moderator will show you that in due course.

  • gordolownds

    No we? I donated more to Republican causes this go round than the lot of you combined would be my guess. WTF have you done other than sit around here circle jerking?

  • jpkoch

    “A deal against your own interests is not a deal, it is capitulation.”
    That quote should be tatooed on Boehner’s head.

  • hutch2

    FOR THE LOVE OF GOD, just let the Dems, and the idiots that voted for them, OWN IT! They voted for this clown becuase they think he’s so swell. So, let’s just give them everything they want… it WILL turn out to be a disaster, but at least we can then say, “See, I told you so”, and retake the Senate in 2014 and the WH in 2016. Anything to help the economy will be heralded by the media as Obama’s Recovery (See Bill Clinton’s legacy vs. Newt’s and the House’s) and we will have a Democrat majority for years to come. Sometimes you just have to take the medicine and sometimes you have to have the balls to give it. The electorate needs to take this bitter pill and we need to shove it right up their ***.

  • Bill S

    But an amended bill must go back eventually for a House vote, via conference or bill revision. Both Senate and House must eventually pass the exact same bill. Guess you missed Schoolhouse Rock…

  • Bill S

    Butthurt trolls are so entertaining.

  • jdhlsc169

    I totally AGREE! Let them wallow in their policies. Let them have their way and let them run amok. Until the liberals hit rock bottom and see what their policies cause, will we ever be able to straighten this mess out.

  • rogershru2

    You keep using the word “we.” I don’t think it means what you think it means (hint: you’re not one of us.) Obvious Democrat troll is obvious.

  • Bill S

    He’s blacklisted. Unfortunately the craptacular commenting system allowed him to return and whine like a little infant about it. You’d think they’d figure out when they’re not wanted.

  • commonsenseobserver

    Unwillingness?

    No, it’s his WILLINGNESS to wreck the economy.

  • commonsenseobserver

    Well, perhaps you’d tell me when Obama actually tried blaming Romney for the current crisis?

    No, it was all about him being an evil meanie.

    Obama’s policies were what caused the stagnant economy. And we will make sure that they get the blame, whether Romney succeeded at it or not.

  • commonsenseobserver

    Working to improve things?

    Yes, we are working to improve things, only that we are working based on he voters’ principles instead of our own, and waiting to see how that turns out. The people have spoken. They must be listened to.

    I suppose seeing the Democrats as having dodged and demagogued the issues is BS. Well, we lost that argument in the election, so give them whatever they want. It is the will of the people, reaffirmed in two elections, and we must submit to it. Elections have consequences, and the liberals won. There is no magic “centrism” button here.

  • commonsenseobserver

    Well, you can’t get over it. Conservatism is right and liberalism is wrong.

    And, really, trying to convince yourself that spending is “not bad” is idiocy. But, in that case, I suppose you of all people ought to be happiest with giving the Democrats whatever they want, as in piling on more debt and hiking taxes across the board.

    If you believe that your “Republican” ideals and ideas can win through conviction and strength of YOUR arguments, you are wrong. We will have no part of big government liberalism that has gone far beyond anything, say, Sen. Susan Collins would say, as in “raise taxes only, spending is not a problem, tax cuts are the only problem (including Reagan’s in the 1980s)”. But, yeah, we ought to give you what you want- a return to the Carter tax rates.

  • commonsenseobserver

    We should just abstain on everything.

    Trust me- the Tammy Baldwin caucus will make it impossible for them to pass it themselves.

    And if they do, well, it will only slightly slow down the economic crisis, but hardly enough to avoid the impact of their over-tax, over-spend, over-regulate policies.

  • commonsenseobserver

    Wut??!

    What an idiot.

  • commonsenseobserver

    The Bush tax cuts actually cut taxes across the board, with the biggest benefit to many near the bottom.

    If those expire, which they ought to because “Booosh tax cuts are evil and are only for rich meanies like Mittens”, well, I can’t imagine people would be too happy about that.

  • APA Guy

    HA! Troll Democrat has tipped his hand.

    Are you seeing this, fellow RedStaters? THIS is why they want a “bipartisan grand bargain” to avoid the fiscal cliff. They want our butts cemented to their disgrace so they will have someone to blame when it all comes crashing down on the heads of the leeches who voted them back in…and they know they can no longer blame Bush.

    House Republicans, DO NOTHING. Let this “crisis” come and pass. We’ll all be better for it economically and politically.

  • APA Guy

    Only the House can formally introduce such a bill…and hell should freeze over before ANY bill is allowed into discussion that doesn’t involve across-the-board cuts for ALL taxpayers.

  • APA Guy

    Yes, we know you liberals HATE the Constitution…no need to remind the country of that inconvenient truth.

  • APA Guy

    Allowing expiration of the Bush tax cuts would cut into the take-home of EVERY SINGLE WORKING AMERICAN. In addition, it would cut the child tax credit in half…which would be mighty popular with the legions of single moms who will be $1,000-3,000 in the hole…depending on how many children they have.

    Remember, most Democrats didn’t support these tax cuts from the outset. They won…it’s THEIR mandate…let’s give them what they want. Expiration of the tax cuts and spending cuts THEY AGREED TO in 2011…simple.

  • arthurjake

    Sadly if it were an equal game of finger pointing that would be the case. The sad thing about politics is everything in the PR area seems to be a win win for them. Just have almost every news outlet in the country point the finger at the other guy for you and the sheeple will believe it.

  • major

    APA guy, ” I see this as our one chance to shake the American voting public from
    the trance of ignorance they are currently in. There will be no “Come to
    Jesus” moment unless the nation is faced with the consequences of
    dealing with what Obama handed us during his first term.”
    Brilliant.
    It will take less than a year, maybe 6 months, for the Tea party to see a huge spike in supporters, and a huge push-back with no propaganda, no fraud, no wars.
    Just plain COMMON SENSE will rule!!!!
    I shutter to think, how the administration will handle it.

  • major

    I LOVE BEING POSITIVE!
    Up yours, Communists!
    That was a really positive thing to say, because, well, it feels good to say it!
    Was it good for you too????

  • gunnyg2002

    Ruin the Man?

    That idiot has done more damage to this nation than Carter ever could. But rest assured, WE WILL hold the Butcher of Benghazi and the hand behind Operation Fast and Furious accountable.
    BTW, just so you know, Dumbo had a CLEAR mandate from Jan 2009 to Jan 2011 and all he did was pass 25 new taxes under ObamaKare. But hey, golfing and vacations are more fun than leading.

  • gunnyg2002

    Go GALT!

    Pull back from everything and anything that could help Obama and his minions out. Help local charities only, and try to pay the least amount of taxes that you can. Starve the beast.

  • gunnyg2002

    Yeah, let’s ignore it and let Dumbo do whatever.
    Clown.

  • jackm

    The Bush tax cuts for those making more than $250,000 a year expire on their own. No House action is required, and therefore they are dead.

    Shortly after January 1, Harry Reid and the Senate will pass a tax cut for those making less than $250,000. Thus putting Republicans in the position of opposing a tax cut for the middle class.

    Some will say that Article1, Section 7 prohibits the Senate from passing a tax cut measure. This is not a literal reading of what the Constitution says, but it doesn’t matter in this case.

    Any Republican official who tries to take this to the courts will only be advertising Republican opposition to a measure which cuts taxes for the middle class. Mission accomplished, as far as the Democrats are concerned.

  • jaykali

    Good point.

  • http://travismonitor.blogspot.com Freedoms Truth

    “Now much of Krugman’s analysis is wrong. This is not unusual.”

    Right. So why pretend he is right here?
    He’s just saying a recession in 2013 is no big deal.

    “It is a deal we negotiated very hard to achieve two years ago”

    Actually, the spending sequester only is what we negotiated hard to acheive. We also managed to keep the tax rates alive this long, with the hope that they would be extended and/or made permanent. Keeping them alive another 2 years would be a great victory.

    No deal is better than a bad deal, but dont act like higher taxes is what Republicans treid to achieve.

    if God really wanted us to increase taxes, he wouldnt have invented Republicans.

  • http://travismonitor.blogspot.com Freedoms Truth

    “Nah believe me the House IS the new Bush foil. Everything is going to be
    blamed on the “radical” House no matter why don’t the Republicans just
    govern the way they want to.”

    Yeah, the Lib-Dems have been pressing that meme since early 2011. Completely bogus, but it WILL go into overdrive especially if the economy hits the rocks.

    Of course if the economy does well, then it proved Obama’s awesome. win/win for them.

  • http://travismonitor.blogspot.com Freedoms Truth

    AFAIK, these were the minimal ‘cuts’ from the Obama baseline and hence barely adequate to the real spending cuts that are needed. Recall that Cut, Cap, balance was about $5 trillion more aggressive than the aug 2011 agreement, and Sen Coburn another $3 trillion more agrressive than that (more or less, pulling the numbers out of my butt from memory).

  • http://travismonitor.blogspot.com Freedoms Truth

    ” What I don’t think we can afford to do is trade real cuts today for something in the future.”

    Hearty agreement here. As the Aug 2011 showdown was going down, I was making that comment, basically, hoping as they went into the final cave-meetings to at least get spending cuts in FY2012, because anything beyond that was meaningless and subject to revision….

    And lo and behold, here we are, waiting for the Congress and Prez to revise and extend, or extend and pretend, on whatever they did prior in those meetings. They didnt really hit FY 2012 hard, they did FY2013 though. … the cuts we are seeing now.

    If we are cuttin FY 2013, we have spending cuts.
    If we have a piece of paper that says “lets do X instead of Y” that’s not a spending cut. It’s a piece of paper.

  • http://travismonitor.blogspot.com Freedoms Truth

    “then all they have to do is propose a new bill that only cuts taxes for
    lower wages and then you have Republicans backed into a corner.”

    The Senate has already passed such a bill.

  • careyrowland

    Look what happened when Columbus forsook the safety of old Europe and launched out to sail over the edge of the earth. Not too shabby.

  • davesinsanantonio

    Especially because those future “cuts” would, at best, be cuts in the rate of the increases, not real cuts at all.

    To tell the truth, I am torn between trying to fight for what is right and letting Obummer have whatever he asks for. In the first case we know what the country really needs. In the second case, if Obummer gets all he asks for, or maybe even better if the Dims in Congress are the ones who tell him no–after all none of them would vote for his budget request, then the media would have a hard time blaming our side for the disaster to follow (although they would try).

  • docnick

    If there is a cliff and/or if we are facing a crisis why not just let it happen? Take the full force and consequence…When has America citizens or their politicians ever made difficult decisions unless they are pushed to the wall?

    Repairing buildings extends their life but are we not left with a old failing building with a new roof or a new coat of paint that simply hides the decay?

    How long have we know the tax code should be changed or that regulations are hurting us or that social programs have grow at a rate that can’t be funded? We have lived in denial. This election was a denial of simple realities.

    If we look around in our families and friends we will find a whole bunch of people that want government to take care of them at one level or another. They want government to be care takers. They just voted. Even in the group that voted against Obama with their vote for Romney wants a active social government. We know this because this group also keep reelection the same good old boys and girls that promise them a socially active government.

    It not a question of giving in its a question knowing what the reality is. ( I never believed that Reagan beat Carter… Carter was Carter’s down fall. I though the same would happen in this election with Obama. Romney’s don’t win elections.)

    Will the GOP select another Romney in 2016? I would bet a Big Mack that they will.

    Ron

  • bobguzzardi

    streiff made the point in a previous post that The CBO Says The Fiscal Cliff Is A Good Thing “After next year, by the agency’s estimates, economic growth will pick up, and the
    labor market will strengthen, returning output to its potential level
    (reflecting a high rate of use of labor and capital) and shrinking the
    unemployment rate to 5.5 percent by 2018.” [Emphasis streiff]]

    The first question is What is good for the country? Increased spending is bad for the country and even worse than higher taxes.

    If the Republican House takes the position that this is what is needed and if, as CBO argues, this leads to lower employment, the Rs are heroes for their “obstructionist” tactics. The Rs need to make the case that the spending cuts are necessary economic growth because government siphons off productive capital and enervates th economy.

  • jaykali

    Dern

  • grumpyKoz

    Our Speaker does not have the backbone to do otherwise.
    Until we get more conservatives in The House, this is the only course HE will take.

    Remember, ‘Obamacare is The Law of the Land’!

  • funwithknives

    In-as-much as I do not, nor ever wish Harm on anyone, in this case I am gonna ‘quiet-up’ and lets the chips fall…..and Fall They Will, like locusts on newly-ripened wheat .
    Progressives are The Ones who prefer to ‘Heart’ Darwin, so awfully-much. While the Economy slides ever-downward and few capital expenditures are seen,…when no Job Creation is noted , for the next 8 quarters at least, and ‘Shrugging’ {non-participation in Orgs. and Corps. that are seen as Progressive] takes hold, what will Progressives howl for as ‘A Governmental Remedy’ ? This is their choice and until It’s futility hits them right in the eyes, and makes them bruised and bloody, we hold? Not bloody likely.
    They’ve already ‘told you’ what you ‘can have’ for health insurance and are gonna ‘fine’ you if you don’t HeeL ! [ like a good little doggy]
    So what Would The Next Step Be? Since I am in no way Progressive, nor Leftist, in this arena I can only guess. But I’m scaring the absolute hell out of myself, here and now, and I turn to my alternate reality for a-while, dreaming of a rolling Lake Michigan as seen from Frankfort, Michigan’s bluff/overlook, just south of town. I can see it now….. and it does help, somewhat……..

  • Common_Cents

    Boehner? agree, but this applies to GOP quitters who did nothing to prevent obama from winning. For what? because Romney didn’t tickle our collective fancies? I’ll say, how’s that gonna work for conservatism? 4 years of obama?

  • Common_Cents

    I don’t see obama being blamed for anything. The media will double down in protecting him, because the GOP was ineffective to exposing him as the 2nd coming of Jimmy Carter.

    The hype about fiscal cliff by propaganda media is meant to pressure Republicans to cave, in the name of bipartisanship and obama’s “mandate”.

    They will cave. Gee just look at the past, despite the disclaimers by financial people, the past IS indicative of future results.

  • Common_Cents

    Exactly Fight, why we ignore the war the propaganda Dem media has waged is beyond me.

    Republicans have accepted defeat w/ respect to propaganda media. Breitbart was bout the only soldier willing to take them on. He was a HUGE loss that will be felt for years.

  • Common_Cents

    I don’t know why we don’t acknowledge the war the media has waged.

  • ltckohl

    Yeh Man – I Agree – 100% WALK AWAY! Why change now? When you have spent all the last two years obstructing Congress! Why change now? Just because your top 1% are going to pay a little more? That’s no reason, but those tax payers in your district might be. You just continue to obstruct! Its in your nature! Don’t change! I can’t wait for those Republican middle class tax payers to get a little a payback. That will be so cool!! Then we will see if the 1% can save you.

  • APA Guy

    Election is over, hedapraksh…time to OWN the deficit reduction you put in place. You’ll get your tax increases on the rich, and we’ll get our healthy spending cuts.

    THAT was the compromise…eat it and smile ;)

  • APA Guy

    They WON’T, major…they’ll be BURIED by the Tea Party this time around. I get a thrill up my leg thinking about it.

  • ltckohl

    Yeh Grumpy – This past week showed just how much power you guys got, and no prospect for change. I love extremists – they keep the electorate on its toes. Good luck with those views.

  • ltckohl

    Oh – you’re only receiving negative comments from the ‘media’? Well, maybe its because when the question is asked ‘What happened to the rape guy?’ The next question is ‘Which Republican rape guy?’ It’s hard to keep track – you know. Or maybe when Romney says ‘My position is self-deportation’ Or maybe when in the Republican debate the Republicans yelled out ‘Let them die’ when asked a question about health care. Do you actually have a brain? If you did, you would understand where the negative feelings are coming from.

  • http://about.me/l.v.johnston lvjohnston

    Bill, I agree, that is the way it is ‘supposed to work”, however, the Senate likes to play fast and footloose with amendment revisions/cloture and also by modifying the rules of the senate.

    Who’s to say that that the house will even be given the opportunity to agree or disagree to the legislation?

    It seems that the only way they can escape the eventual blame (and they *will* be blamed) is for them to take the high road and state in no uncertain terms; “The people have already passed this through their votes on Nov 6th and we will not seen as obstructionists to the Will of the People”

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