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View Diary: Krugman On The Proposed Deal (341 comments)

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  •  The run to where? Try gaming this out, ok... (3+ / 0-)

    Democrats and Republicans don't agree on a deal. The fiscal cliff is reached.

    Now Democrats and Republicans each propose extension of the Bush tax cuts: Republicans propose up to $1,000,000. Democrats propose up to $250,000. They agree in the middle at, say, $400,000.

    So now you've got extension of the Bush tax cuts for everyone under $400,000, which is what is in Obama's latest offer.

    But no stimulus spending. No extension of the payroll tax credit. No nothing.

    Now how do you get that?

    I am SO glad you are not in that negotiating room!

    When we were ahead, people at DailyKos said to fight like we were behind. When we were behind, people at DailyKos said to give up.

    by NoFortunateSon on Tue Dec 18, 2012 at 10:59:45 AM PST

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