Posted by bad_luck on 12/10/2012 4:00:00 PM (view original):
Posted by bistiza on 12/10/2012 3:39:00 PM (view original):
That's my point, bad luck. The economy will be destroyed if the fiscal cliff hits, so we need to avoid it.
The fiscal cliff is self inflicted. Congress could pass legislation eliminating the automatic sequestration and extend the tax cuts, payroll tax holiday, and unemployment.
There is usually a scene in rom/coms where one of the people makes a grand gesture that shows the other person that they are meant for each other.
I think avoiding the fiscal cliff is the grand gesture to show all Americans and the world for that matter that our government isnt broken.
It might be more symbolic than anything, but I think confidence is important.
Obama and the House Pubs needs to get this deal cut. Obama needs to compromise as much as our side has. Then we are half there. Revenue is on the table. SS and Medicare need to be on the table. No stimulus package needs to be on the table. Realistic cuts needs to be on the table. Even Defense can be on the table.