Nov 14 2012

Your “Liberal Media” At Work On The “Fiscal Cliff”

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If the two sides do not reach a deal by the end of the year, tax rates on income and investments will rise for all Americans and government programs from the military to education will face deep, across-the-board cuts. A broad range of business tax breaks for everything from wind power to research costs would expire as well.

That could cause the economy to shrink by 0.5 percent and push the unemployment rate up to 9.1 percent by the end of next year, according to the Congressional Budget Office. The current unemployment rate is 7.9 percent.

The deadline comes from years of dysfunction as lawmakers and presidents have postponed tough decisions on fixing the nation’s finances.

No. The deadline comes from four years of America-hating intentional destruction of the economy by the GOP in their hopes that the electoral blame would be pinned on Obama and the Democratic Party.

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7 comments

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1

blindrobin

November 14, 2012 at 4:46 pm (UTC -7) Link to this comment

Shhhhh… We’re not supposed to know that.
2

gingerest_hates_logging_in

November 14, 2012 at 4:52 pm (UTC -7) Link to this comment

My recollection is that you are roughly of my generation, which means you remember when pusbag Bill Bennett was culturally relevant. For some reason, CNN thinks he still is.

I believe this will make the top of your head come straight off:

http://edition.cnn.com/2012/11/14/opinion/bennett-gop-election/
3

Randomfactor

November 14, 2012 at 5:04 pm (UTC -7) Link to this comment

Yeah, Republicans lost the culture war. Culture won.
4

skeptifem

November 15, 2012 at 9:33 am (UTC -7) Link to this comment

You would think republicans would be eager to pay down that deficit that they complain about all the damn time…
5

Bustednuckles

November 15, 2012 at 12:29 pm (UTC -7) Link to this comment

Methinks the recalcitrant motherfuckers are about to find out what hardball is all about.
6

skmind

November 16, 2012 at 11:37 am (UTC -7) Link to this comment

Actually, I want to see us go over the cliff so that we can weed out the deficit chickenhawks.

$100 billion or so in cuts, $65 billion coming from defense. $400 billion or so in tax cut expiration.

Make the deficit chickenhawks cough up the “OMG LOOK AT THE DEBT” pablum.
7

wounsestesy

February 28, 2013 at 8:33 pm (UTC -7) Link to this comment

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