Victory is ours! If nothing is done taxes go up on everyone at the first of next month, and everyone in DC will rush to cut taxes in January. The Senate will prevent any bill that includes tax cuts on the highest incomes from even reaching the President’s desk, so there’s no need to veto anything. Large majorities support raising taxes on taxable gross income over 250k, large majorities do not want Medicare benefits reduced in anyway, and a big nasty election was just won on both those ideas. So how could democrats in DC possibly fuck it up?
CBS News — Republicans, however, insist that cost-saving measures be made to entitlement health programs, especially Medicare. The president has proposed $350 billion worth of cuts while Boehner has proposed about $600 billion to the health program for seniors. One possibility is raising the age to receive benefits from 65 to 67.
By giving into that bullshit demand, that’s how.
In this particular case I don’t think the dems will fuck it up. I think the classic timid democrat is rapidly fading into stereotype and the ones left know they hold all the cards. But past performance is indeed an indication of future returns despite what the prospectus for your 401-K growth mutual fund says. That’s the whole reason we care about past performance in mutual funds. Hopefully, this is one case where the CYA disclaimer is true, where history is not a guide, and democrats won’t throw their base under the bus to earn fleeting applause from the usual Very Serious Gasbags.
Really, they should do nothing, go home, enjoy the holidays. That’s all they have to do. And since doing nothing is one thing everyone in DC excels at, it shouldn’t be asking too much for them to do nothing one more time.