Boehner proposes that we destroy our economy in the short term.

[techs]

http://www.huffingtonpost.com/2012/11/16/boehner-obama-fiscal-cliff_n_2146603.html

Boehner Pushes Obama To Relocate Fiscal Cliff Farther Down The Road

But for all their calm rhetoric and cool demeanors, the two parties may still face a major point of disagreement. With just weeks to go before the Bush tax cuts expire and the sequester (totaling $1 trillion in spending cuts) goes into effect, Republicans are now pushing for an extension of the deadline until some time in 2013. Democrats, by contrast, are demanding that some agreement be reached before the end of the year.


What the holy fuck is going on? For the last year businesses, individuals and local and state governments have been standing by waiting for this to be resolved. Its killing our economy. You can't have a freaking guillotine hanging over the head of your economy at all, much less for over a year. And that is not even counting the b.s. debt limit fiasco that Republicans pulled to get the US credit rating downrated.

I am outraged that Boehner and his Republican lackeys seem determined to let the economy crash and burn for what we all know is the tax cuts on those making 250 thousand a year.

 

[IGBT]

the economy is already killed. Your obama has assured that. All the smoke and mirrors have been used up. Elections have consequences.

 

[Engineer]

The reason that the so called cliff came about was because they (lawmakers) were given an amount of time to come up with a plan and, if they could not, the automatic cuts would kick in. They failed and the cuts were scheduled. Now, with nearly a year on top of that, they STILL have not come up with a plan and want to kick the plan AND the automatic cuts down the road.

Fuck that....jump off the cliff with both feet. *SMH*

 

[Theb]

If they kick it down the road this time I bet that will become the new normal. Every year they'll kick it down the road again.

Edit: And who didn't see this coming a mile away? I thought they would just nullify the fiscal cliff but that would've taken some actual balls. This "No, we'll totally do it, but later." approach is much more weaselly. I need to adjust my expectations downward in the future. That isn't going to be easy.

 

[EagleKeeper]

Just like they have been kicking the overall budget down the road.

It is all smoke and mirrors.

 

[ericlp]

Obama promised not to renew the cuts ... we shall see what happens.


Posted from Anandtech.com App for Android

 

[Fern]

http://www.huffingtonpost.com/2012/11/16/boehner-obama-fiscal-cliff_n_2146603.html

Boehner Pushes Obama To Relocate Fiscal Cliff Farther Down The Road

I predicted this back when it was set up.

I am outraged that Boehner and his Republican lackeys seem determined to let the economy crash and burn for what we all know is the tax cuts on those making 250 thousand a year.

It takes two to tango. Obama is also threatening to let the "economy crash" if he can't get his tax increase. You outraged at him too?

Fern

 

[ivwshane]

I predicted this back when it was set up.



It takes two to tango. Obama is also threatening to let the "economy crash" if he can't get his tax increase. You outraged at him too?

Fern

No Obama said any play has to add up and all options are on the table. But keep repeating your righty talking points like a good little parrot.

 

[Lemon law]

Its now Jon Boehner that is the only real GOP leader with actual power. As for McConnell, his teeth may be pulled if the Dems limit the power of the filibuster. But at this point in time its mainly only McConnell who takes the position of never compromise.

But still, who assumes Boehner's talk will turn into action and results, when maybe what the USA needs is to fall over the digital cliff, suffer the inevitable depression, until we learn the lesson that a house divided cannot stand. As at a minimum we need to return to Clinton Tax rates that did not benefit only the rich.

As I predict, if McConnell does not get real, he will no longer be Senate Minority leader in 2013. As Mitch will become the most hated man in America.

 

[Jhhnn]

Righties sure are a wishy-washy lot, aren't they?

They contrived the fiscal cliff out of a budget they helped to pass, remember? They fought like demons for the sequester so as to save face. They refused to compromise with Dems in the Supercommittee process, and now they're unhappy with their own creation?

Fuck 'em. Let the Bush tax cuts expire in toto, propose new middle class cuts to replace them. If Repubs won't go along, massacre them in the midterms, because anybody with a lick of sense will realize who's standing in the way of progress, and has been for over 4 years.

Repubs never gave a damn about the deficit, or the debt- they created most of it as cover for the deception of trickledown economics, and they want to keep it in place as continuing cover.

Once the Bush taxcuts expire, they won't have a hostage, and it's high time that Dems take it away from them. If the economy goes to Hell again, it'll collapse on top of them.

 

[bozack]

The dems will be just as much to blame if not more for their inability to compromise in this situation....as mentioned above, Obama isn't bending unless the taxes on upper incomes are enacted, and the conservatives want cuts for all as well as reductions in our outlandish spending on govt programs and social services.

With that said I personally want them both to stalemate and we jump off the cliff head first...no sense in punting the thing out which will become the new normal....just take the medicine now, add to the unemployment and whack the middle class hard as we all know that is where things are headed regardless of what is done.

 

[lotus503]

Obama frankly was playing chess while the GOP was playing checkers.

He is in his 2nd term has the bush tax cuts and defense cuts as ammo.

GOP plays ball or they get nothing.
Obama doesn't have to do anything but sit back and wait for GOP to agree to something reasonable.

They will come to a compromise that noone will like, that's how corportist politics are played these days.

 

[Jhhnn]

The dems will be just as much to blame if not more for their inability to compromise in this situation

Hogwash. Repubs have shown that their interests lie exclusively with the financial elite, the true Bush constituency.

Millions of Americans have already sacrificed their jobs, their homes & their meager investments so that the Rich could become even richer in the greatest financial con game in history, the Ownership Society. And while even more sacrifice is demanded, they seek to shield the Rich from sacrifice entirely, take it out on the rest of us.

If we're going down, it's only fitting that they go down with us, because they navigated us into these treacherous economic waters.

WTF kind of sacrifice from the rich are we actually talking about, anyway? Paying Clinton era taxes, a regime they thrived under, got richer than ever before?

 

[Zorkorist]

Jhnn, this is straight communist and socialist (and class warfare talk).

It's all been done before, and I am sorry that you think that penalizing the wealthy, is the right way to go.

-John

 

[Zorkorist]

America, was the difference... the place where a man could make his mark. Today, it's just a greased up hand-job, a horse rode hard, and put up wet.

There is very little, to nothing left of America.

-John

 

[Darwin333]

http://www.huffingtonpost.com/2012/11/16/boehner-obama-fiscal-cliff_n_2146603.html

Boehner Pushes Obama To Relocate Fiscal Cliff Farther Down The Road

But for all their calm rhetoric and cool demeanors, the two parties may still face a major point of disagreement. With just weeks to go before the Bush tax cuts expire and the sequester (totaling $1 trillion in spending cuts) goes into effect, Republicans are now pushing for an extension of the deadline until some time in 2013. Democrats, by contrast, are demanding that some agreement be reached before the end of the year.


What the holy fuck is going on? For the last year businesses, individuals and local and state governments have been standing by waiting for this to be resolved. Its killing our economy. You can't have a freaking guillotine hanging over the head of your economy at all, much less for over a year. And that is not even counting the b.s. debt limit fiasco that Republicans pulled to get the US credit rating downrated.

I am outraged that Boehner and his Republican lackeys seem determined to let the economy crash and burn for what we all know is the tax cuts on those making 250 thousand a year.

The country desperately needs more revenue, a lot more than just the rich can provide. Why should you and I be exempt from that? Why shouldn't all of the Bush tax cuts expire?I am sorry to say but just those making over $250K a year just isn't going to cut it, especially when you take spending cuts of any significance off the table.


"Don't tax you, don't tax me, tax that fellow behind the tree!"

 

[Zorkorist]

It's because revenue doesn't even start to allow for spending, Darwin Candidate.

You could steal all the rich peoples income and assets... all of it, and still not pay for one years spending of the American Federal Government.

tl;dr
Spending is out of control, and taxing more is not going to help.

-John

 

[Zorkorist]

You could go full bore Communist or Socialist...

look where that got Russia.

China is kinda kicking some ass.. never mind that they first kick the ass of their citizens.

But America?

America has always been the land of the free.

Free from Taxes, Free from Debt.

Free to take on the world, and make it their world.

-John

 

[EXman]

Just like they have been kicking the overall budget down the road.

It is all smoke and mirrors.

what budget? I do not think there has been a budget passed in years...

We need a whole new congress and senate.

TERM LIMITS!

 

[Matt1970]

No Obama said any play has to add up and all options are on the table. But keep repeating your righty talking points like a good little parrot.

Obama said he will not allow the the extension of the Bush tax cuts on the top 2%. That means a tax hike.

Skip to 13:30
http://www.youtube.com/watch?v=zJxj7S2NkCI&feature=related

It's all political hogwash anyways. Letting the tax cuts expire on the top 2% is going to generate at best a whopping $100 Billion when we currently have a deficit over $1 Trillion. All this Bullshit to try and fix 10% of the problem.

 

[Zorkorist]

Obama is definitely raising taxes... his whole campaign was based on raising taxes.

The 47% of Americans that pay no taxes, were extremely happy, that he is raising taxes.

-John

 

[wuliheron]

Forty years of failed trickle down economics ended when Bush screwed the pooch and sent the entire world economy into the dumps. Desperate people resort to desperate measures and the only hope republicans had of preventing Obama from taking the country in a new direction was to manufacture a crisis. Hence the rise of the tea party with all their posturing and bluster and the invention of the fiscal cliff to stop Obama. When Obama won reelection it took the wind right out of their sails and now Boehner is looking for any excuse he can find to delay the inevitable and is ready to get down on his knees and beg if necessary.

Screw him. Once we're past this nonsense the real work begins and the continuing bluster of conservatives demanding secession and whatnot will have to end. Their bluff has been called, the people have spoken, and it's time to stop acting like children throwing a tantrum and learn how to get along with people you ignorant hillbillies.

 

[Agent11]

It's because revenue doesn't even start to allow for spending, Darwin Candidate.

You could steal all the rich peoples income and assets... all of it, and still not pay for one years spending of the American Federal Government.

tl;dr
Spending is out of control, and taxing more is not going to help.

-John

Do you have data? Everything I have seen says that is a lie.

 

[bozack]

Hogwash. Repubs have shown that their interests lie exclusively with the financial elite, the true Bush constituency.

Millions of Americans have already sacrificed their jobs, their homes & their meager investments so that the Rich could become even richer in the greatest financial con game in history, the Ownership Society. And while even more sacrifice is demanded, they seek to shield the Rich from sacrifice entirely, take it out on the rest of us.

If we're going down, it's only fitting that they go down with us, because they navigated us into these treacherous economic waters.

WTF kind of sacrifice from the rich are we actually talking about, anyway? Paying Clinton era taxes, a regime they thrived under, got richer than ever before?

You're naive to think that the rich will actually be impacted by these changes, they have the means to continue to keep their monies out of reach and instead ultimately it will be the upper middle class and small business owners and then eventually middle class that bears the biggest burden as always.

It will be interesting to see this hopefully all come burning down, and what the reaction will be post collapse.

Sadly I think they will just punt it, and as someone said above after punting it come to a compromise that no one is truly happy about...

But to think the 1-2% won't be able to continue to shield their money is kinda funny, and also to actually feel taxing those people at a higher rate will make any kind of a tangible difference is even funnier, ultimately the upper middle and middle class will have to feel the squeeze as well, and when they do, when taxes have to be extended to that group especially if the left wants to keep their social programs for those on govt assistance, well then that is hopefully when this group will see what is what.

Only way they wouldn't would be if the dems decide to cut back on some of their shiny social programs, which they won't.....

 

[Thump553]

We elect politicians to make decisions, not postpone them.

Whether or not to raise taxes on the wealthy was probably THE central issue of the 2012 presidential election. The GOP lost.

I predict Obama will stop bending over backwards to try to accomodate the GOP (as he did almost consistently throughout his first term) and hold their feet to the fire. No extension-decide now or the GOP causes the consequences. We are already at least a year past when these decisions should have been made. Taxpayers (especially businesses) need timely decisions in order to do their planning.

Cliffs: F*ck Norquist.