11-27-2012, 10:05 PM
It seems to me to be almost the best compromise possible to allow the budget to get cut broadly by 1/37th of its size, and allowing the tax rates to revert back to the Clinton era.
Can the ~$ 650 billion Pentagon budget suck up a 50 billion dollar cut? I'm sure they can. Can we find the other 50 billion somewhere in the remaining ~3.5 trillion? I'm sure they can. Can the economy thrive under Clinton era tax rates? I don't see why not, they did under Clinton.
What is this cliff? It seems more like a reasonable compromise. If anything, it doesn't cut enough, nor raise enough to balance the budget. What we really need will be impossible for this Congress and President to implement.
Can the ~$ 650 billion Pentagon budget suck up a 50 billion dollar cut? I'm sure they can. Can we find the other 50 billion somewhere in the remaining ~3.5 trillion? I'm sure they can. Can the economy thrive under Clinton era tax rates? I don't see why not, they did under Clinton.
What is this cliff? It seems more like a reasonable compromise. If anything, it doesn't cut enough, nor raise enough to balance the budget. What we really need will be impossible for this Congress and President to implement.
”There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy." - Hamlet (1.5.167-8), Hamlet to Horatio.
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