Just how can the Republicans be so against cutting the deficit when since they could not agree on a real plan, a pre-arranged deal by both party’s across the board 10% cut in spending is like the end of the world.
Pretty simple. They do not have control of what gets cut.
Why does that bother them?
They only want to cut government oversight of company activity like Banks and include FDA, EPA, Education and most things that protect or provide the middle class with a decent standard of protection.
President Obama seems content to let the 10% cut go through as he will never get any deal with this congress. But there are those screaming that it will hurt if not end the recovery. Why?
Again, it does not cut what they want and precious pork provided to congressional districts back home will not have room in the system.
There was no study, but if you look back at the stats of taxation and job growth in the united states, they are one in the same so when the tax breaks expire. Good for that.
So whats wrong with a 10 % cut and a few percentage points of tax reduction expiration. After all, those tax cuts along with a few checks in the mail were a unpaid liability from the last administration. Yea, we had to borrow from India and China for those checks Bush sent us. It’s time we paid all of this back. Besides, the more they had cut taxes and borrowed more to do it, the worse it got.
Bring on the cuts and a little tax. Problem mostly solved for now so we can get on with the nations business.
Since they do not want the across the board 10% reduction, they first will have to make it a doomsday event in your eyes so they can change it to what they want. What part of deficit reduction that they will get that they do not want ?
3 percent of Americans have been headed to the edge of that cliff and nobody is talking about them and so nothing will be done !
Sharing the PAIN is the most reasonable approach yet. Bring it on !