Quote:
Originally Posted by Villages Kahuna
It looks like all the "automatic" spending cuts and tax increases are going to happen on January 1. Not one member of Congress is talking about doing anything about it. Nor have either of the candidates for POTUS mentioned the looming problem.
The result will be pretty disastrous for our economy. But all that is avoidable if the Congress got to work and did what they were elected to do...all of them...both parties. That will require negotiation and compromise.
It's not likely that either party is willing to do that...they have refused to do that many times in recent years. So when it happens, the next best thing will be to blame the other political party. Get ready. It's going to happen and all the partisans on both sides will be outraged.
Hey, it's not going to happen for another six months, Richie, and you're already outraged.
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I'll have to wait to see what happens as my prognosticating skills when it comes to the economy aren't up to par. There are people who's opinions I respect because I respect those individuals, but for now I don't have a handle on it.
I only know now, as I've always known ever since the Democrats conned George H.W. Bush that they would cut spending if he agreed to a modest rise in taxes and then beat him over the head with that "he raised taxes club" until he was reeling and falling out of the oval office that the "raise taxes" scheme is just one big piece of bull crap to destroy the credibility of the Republicans.
It's the only reason for the insistence for the tax increases to be made by the Republican Congress, and no amount of specifics from you or anyone about all the numbers and margins and what-have-you has any relevance in the partisan call for raised taxes.
Buggy, I am not even addressing because he's given up the ghost in this argument with his above statement that makes no sense to me.