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View Diary: Republicans backed into a corner of their own making (73 comments)

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  •  Hear Hear! (2+ / 0-)
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    maryabein, Crashing Vor

    For most people, that increase will be relatively minimal. For wage earners under $250K, approximately 2% out of their check. If it spurs the economy back into the groove, that 2% will be made up. Particularly in re: Healthcare costs.
    Coupled with spending cuts, it will mean that the Feds have enough money to fund the various stimuli and recovery issues.
    One of the most urgent sequestration cuts that must be promptly restored is to Unemployment. That should be at the top of the next Congress' agenda on Jan3.
    But most of the rest of the cuts can be reviewed and either restored or sustained at leisure.
    The 10% cut in the Pentagon's budget, f'rinstance, The Administration and the Pentagon have identified 5% cuts that they were OK with, before the sequestration. They now can negotiate the other 5%. If they bargain half of that away, it's still a 7.5% cut in the Pentagon, an unprecedented action!
    The interesting fights will be over what gets restored (rather than what gets cut), who backs what and how much.
    And it looks like the Dems will hold all the good cards!
    So Yeah, let the fiscal bluff come and go, we'll pay a bit more but we'll live in a better country.

    If I ran this circus, things would be DIFFERENT!

    by CwV on Tue Nov 27, 2012 at 08:52:32 AM PST

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