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View Diary: Over The Cliff We Go, I Hope. (88 comments)

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  •  houndog, i agree with you. (9+ / 0-)

    i've been hesitant about the jump over the cliff as well, there will be painful cuts no doubt. my hope is that some of those cuts might be restored. what i do like is the cut to defense budget, i don't think we'll ever get another chance to take as significant a bite out of that apple.

    i happened to see Dean that morning, his and Krugmans analysis have helped push me closer to the edge. but what has convinced me is the direction of the Obama/Boehner negotiations. le Grand Bargainette, is making the jump over the cliff look better every day.

    America...where we fight over who can be allowed to have a marriage license but don't give a shit about who can have an assault rifle.

    by dear occupant on Wed Dec 19, 2012 at 03:06:46 PM PST

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    •  Thanks dear occupant. It is so complicated I'm not (5+ / 0-)
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      pistolSO, eztempo, elwior, TomP, dear occupant

      sure I agree with myself. If I had a little more energy and didn't have to do my exercise walk, I could have as debate with myself right here on the spot.

      Not having an extension of unemployment benefits will be painful for $2 million already suffering, although, some suggest we can not get this in any case.

      If appears that the President has already given up trying to get an extension of the Social Security tax holiday, which I was ambivalent about anyway.  I do like the stimulus effect, but we could better achieve that by making our Bush tax cut extension even lower.

      My presumption is that the GOP will give us the Medicare Doctor fix rather than face the wrath of the AMA, and the health care providers industry in addition to Medicare recipients.  But, the Senate out to start moving a separate stand alone bill on this immediately, just in case.

      Even at Redstate one conservative front-pager is suggesting that if we go off the cliff they will be required by public outrage to give us the middle class tax cuts, but they can use the debt-ceiling as leverage to get some of the defense cuts taken out.

      It is scary and complicated, but an outcome such as I just outlined gets us everything we are asking for in the grand bargain except unemployment benefit extensions, which we may not get anyway.  But without the symbolically devastating concessions on Social Security, plus whatever else we would have to give on to get the GOP to agree.

      And, even if Boehner agrees it is not clear he can deliver the House conservatives.

      So we shall see soon enough.

      Thanks for the supportive comment, as it feels very lonely right now with so many extremely strongly held opinions combined with so much uncertainty and complexity.

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

      by HoundDog on Wed Dec 19, 2012 at 04:12:41 PM PST

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