Dec 02 2012

Good Question.

Why is the White House’s Council of Economic Advisers Helping the Republicans?

Robert Reich

Monday, November 26, 2012

Why is the White House trying to scare average people about the consequences of the “fiscal cliff?”

If the President’s strategy is to hold his ground and demand from Republicans tax increases on the wealthy, presumably his strongest bargaining position would be to allow the Bush tax cuts to expire on schedule come January – causing taxes to rise automatically, especially on the wealthy.

So you’d think part of that strategy would be reassure the rest of the public that the fiscal cliff isn’t so bad or so steep, and that at the start of January Democrats will introduce in Congress a middle-class tax cut whose effect is to prevent taxes from rising for most people (thereby forcing Republicans to vote for a tax cut for the middle class or hold it hostage to a tax cut for the wealthy as well).

I dunno, what’s not to get?


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  1. ek hornbeck
  2. DungenessLobster

    and it certainly doesn’t appear to be on the horizon.

    IF they dropped Medicare to 60 or to 55, how many millions would say “I guit” and go work 3 days a week stocking Charmin or corn dogs, opening the doors to millions of under employed 20 somethings?

    I need a countdown clock on 0bummer !! when will the 2012-4 Congress and 0bummer NO Longer be able to screw me with Medicare 67?  

  3. MO Blue

    that they will sigh in relief when he cuts the safety net programs. After all he saved them from the fiscal cliff which would be even worse.  

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