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View Diary: Obama and Pelosi demand Boehner allow vote on Senate bill extending middle class tax cuts (147 comments)

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  •  Yes, uncertainty is a scare tactic but one with (2+ / 0-)
    Recommended by:
    Sue B, elginblt

    some foundation in truth.

    Imagine if you are a business or consumer but do not know what you taxes are going to be next year by a variance of $2,000 - $10,000, or for a business perhaps 10%.  Are you going to hire extra people?  Buy extra Christmas or holiday presents? Or hunker down.  

    Maybe you better get your savings out of the stock market until the uncertainty is over?  Which can then compound in feedback loops.

    Reducing uncertainty is a good thing as far as the economy, incomes, and taxes are concerned. They are right about that much, as far as I can see.  

    That doesn't mean we should accept a deal that is not in the best interest of our people, nor does it mean that slashing social spending wouldn't be a much greater problem.

    I'm not agree with them, just looking for practical ways forward that are as focused as much as possible on achieving more of the good things and less of the bad things.

    The more we focus with surgical precision the more aggressive we can be with our strategy with few unintended side effects that come back to bite us later.

     

    The means is the ends in the process of becoming. - Mahatma Gandhi

    by HoundDog on Sat Dec 01, 2012 at 11:38:31 PM PST

    [ Parent ]

    •  HoundDog, you don't know what you are (1+ / 0-)
      Recommended by:
      malie

      talking about. The fact is business never KNOWS from year to year about taxes. They can estimate, but if Al Queada blows up the Statute of Liberty you can bet your ass things will change.

      If you are a business you hire the people you need to fill your orders.

      If you are a consumer you spend the money you can afford.

      Life is uncertain. Most of the people in emergency rooms didn't wake up that day planning to be there.

      "I believe more women should carry guns. I believe armed women will make the world a better place. Women need to come to think of themselves not as victims but as dangerous." Anna Pigeon

      by glorificus on Sun Dec 02, 2012 at 06:12:12 AM PST

      [ Parent ]

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