General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGiving the current events is anyone now for going over the cliff?
My position has been that it is necessary to do so for a variety of reasons. But based on what we know my position is being fortified that this must happen. No "grand bargain" must take place or else lasting damage will be done to the psyche of the American people.
Go over the cliff, and pick up the pieces from there. Pointless to argue that we can "avert" disaster by creating a disaster with a bad compromise.
It is as simple as that. I am curious though if some people have changed their opinions on going over this supposed "fiscal cliff?"
Riftaxe
(2,693 posts)When the electorate can retain a memory past 6 weeks.
Harmony Blue
(3,978 posts)will be a somber victory.
Riftaxe
(2,693 posts)Pyrrhic
Harmony Blue
(3,978 posts)because when the poor suffer it is never truly a "victory".
Riftaxe
(2,693 posts)LiberalEsto
(22,845 posts)and the fiscal cliff becomes a moot issue.
bemildred
(90,061 posts)Liberalynn
(7,549 posts)I said from the begining I think we should go over now, and let the new Congress handle the fix. The Lame Ducks shouldn't be allowed to negotiate on a deal this important. They lost for a reason.
The problem with that is I am not sure the next Congress will do any better. WE are still going to have block heads like Ryan, Cantor, and Boner the mix.
newfie11
(8,159 posts)Volaris
(10,274 posts)Howard Dean is right. Going off will throw the national economy back into a recession that will last appx. 2 quarters. After that, Wall Street will settle into the "new normal", and when they realize that the increased revenue streams comming into the Treasury, along with the spending sequestration will have a net positive effect on T-bill and Bond ratings (or something to that effect) Wall Street will say, "Fuck it, lets use that as a backstop/failsafe and start investing again" and the economy will pull itself out of that recession and take off like a rocket. After that they will say, "we don't much care that our tax rate is back at the Clinton levels, cause were making money hand over fist again."
Yes, some of the cuts to human services will hurt like hell in the short term, but the GOP will probably get the lion's share of the blame for the second recession, get kicked the hell out of control of the House in 2014, and then a lot of that can probably be re-instated.
I say go over that fucker. It's the deal that the GOP WANTED for holding the debt ceiling hostage 2 years ago. Let em own that shit, (and we'll see if they're dumb enough to try THAT again lol).