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brentspeak

(18,290 posts)
Thu Dec 27, 2012, 02:59 PM Dec 2012

The Official "Oooooooh, the F-F-Fiscal C-C-C-Cliff!!!!!!" Panic Thread

Where you, the forum member, can express how completely petrified, terrified, aghast, horrified, shivering, mortified, and under-the-bed-panic stricken you are of the possibility that the elites, the Republicans, and their select Corporate New Democrat hirelings just might have to pay more in repatriated overseas taxes, receive a little less in realized capital gains from their defense sector stock holdings, and miss out on the manufactured opportunity to slash Social Security and/or Medicare benefits for 85% of the nation if we (actually they) go "over the cliff".

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The Official "Oooooooh, the F-F-Fiscal C-C-C-Cliff!!!!!!" Panic Thread (Original Post) brentspeak Dec 2012 OP
When rich people go over the cliff, can we have their stuff? leftstreet Dec 2012 #1
I like that one! In_The_Wind Dec 2012 #3
I'm not worried...PERSONALLY. brooklynite Dec 2012 #2
"reduced social spending" brentspeak Dec 2012 #7
So, the sequester that Eric Cantor and Boehner endorsed is a fabulous thing that progressives geek tragedy Dec 2012 #4
Well, we're as middle class as it gets and it will cost us at least $3K in higher taxes... Barack_America Dec 2012 #5
T-t-t-talkin' 'bout my fiscal cliffin' nt riqster Dec 2012 #6
Beep Beep! Generic Other Dec 2012 #8
The mouse that ROARED!!!!! HereSince1628 Dec 2012 #9
Panic kick brentspeak Dec 2012 #10

brooklynite

(94,757 posts)
2. I'm not worried...PERSONALLY.
Thu Dec 27, 2012, 03:03 PM
Dec 2012

As a 1%er, I'm happy to have my taxes increased. But I'm concerned that too many people have a casual opinion of what the effects could be for the working and middle class. Higher taxes for everyone, reduced social spending, and a decline in people's market-based retirement accounts aren't thinks to joke about.

brentspeak

(18,290 posts)
7. "reduced social spending"
Thu Dec 27, 2012, 03:16 PM
Dec 2012

Ok, we'll check back with you, Mr. DLC/Third Way coordinator after the kabuki theater is concluded, just to see how much in Social Security and/or Medicare cuts were forced through regardless.

 

geek tragedy

(68,868 posts)
4. So, the sequester that Eric Cantor and Boehner endorsed is a fabulous thing that progressives
Thu Dec 27, 2012, 03:05 PM
Dec 2012

should support?

I love the ODS logic on display here.

Of course, when the bad consequences from the cliff/slope show up, the same people will blame Obama for agreeing to this in negotiations last year.

Barack_America

(28,876 posts)
5. Well, we're as middle class as it gets and it will cost us at least $3K in higher taxes...
Thu Dec 27, 2012, 03:08 PM
Dec 2012

...which will just mean that the basement remodel will have to wait until another year (though that also means that money isn't going into the Michigan economy).

On the other hand, I have family members dear to me who are dependent on Social Security. I'd much rather pay higher taxes myself then have their benefits cut in some deal.

Basically, I'd rather we go over the cliff, wait until for the new House, and then pass an independent tax cut for the middle class (making no more than $250K/yr).

HereSince1628

(36,063 posts)
9. The mouse that ROARED!!!!!
Thu Dec 27, 2012, 03:47 PM
Dec 2012

You do know that that when the world doesn't end on that date the Millerites will just redo the calculations and come back with another date and time.

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