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View Diary: Obama, Boehner meet on fiscal mess (222 comments)

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  •  Insanity to negotiate away rate increases. (0+ / 0-)

    Rate increases are the toughest things to get and Ds will never be in a stronger position to get them.  Toughest to get because they are so visible and so easy for individuals to calculate the impact on their own situation.  Cuts in deductions like mortgage interest can come later.  Let the rates rise.  THen, and only then,  negotiate spending cuts which will turn out to be a debate on whether to cut oil subsidies or food stamps or 'spending' on mortgage interest deductions for billionaires.  And in the end, tie all deduction not to Cost of Living Increases or CPI, tie them to the minimum wage.  EG, maximum mortgage interest deduction might be 2000 hours X the local minimum wage.  THat will at least give minimum wage increases some political backing which it desperately needs.

    GOP Wars against: Iran, Iraq, Afghanistan, Immigrants, Mexicans, Blacks, Gays, Women, Unions, Workers, Unemployed, Voters, Elderly, Kids, Poor, Sick, Disabled, Dying, Lovers, Kindness, Rationalism, Science, Sanity, Reality.

    by SGWM on Mon Dec 10, 2012 at 10:40:38 AM PST

    [ Parent ]

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