I now believe that we are going to go over the fiscal cliff, not because a deal can’t be reached, but because democrats now believe they have far more to gain from not getting a deal and having the cuts go live. You think I am crazy for thinking they feel this way? Well, hear me out, then think about it.
First off, the democrats know that no matter who junks this deal, they can count on the LSM to blame the republicans. The sad thing is most people will believe them too. Think I am way off or exaggerating? Well, check out how the NYT is reporting on the current deal on the table. And what is the current deal? Here is what the NYT has to say;
WASHINGTON — Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal on Thursday to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, $50 billion in immediate stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits.
The proposal, loaded with Democratic priorities and short on detailed spending cuts, met strong Republican resistance. In exchange for locking in the $1.6 trillion in added revenues, President Obama embraced the goal of finding $400 billion in savings from Medicare and other social programs to be worked out next year, with no guarantees.
So we get $1.6 trillion in new taxes, $50 billion in immediate stimulus – that’s money for democrats and their friends – some undefinded mortgage refinancing scheme that is sure to be loaded with social engineering nonsense, and thus, going to cause more pain down the road, and basically an end to any control on how much these fuckers just borrow. That last one is a doozy too.
As the first line in the second paragraph points out: the democrats’ “concessions” is basically their Christmas list – which by fiat then means more government vote buying schemes, and by default more spending – and nothing else. There are no cuts, as I pointed out in my previous posts, just promises some cuts will happen 10 to 20 years out. Anyone pretending there are cuts is lying or stupid and to be laughed at. But hang on you say! The NYT points out I am wrong, because there are some upfront cuts that were proposed.
He did propose some upfront cuts in programs like farm price supports, but did not specify an amount or any details. And senior Republican aides familiar with the offer said those initial spending cuts might be outweighed by spending increases, including at least $50 billion in infrastructure spending, mortgage relief, an extension of unemployment insurance and a deferral of automatic cuts to physician reimbursements under Medicare.
Heh, sure. At least even the author couldn’t pretend that these promises amount to much more than the usual “Sure, I will respect you in the morning” line, and they are so miniscule that the $50 billion the donkeys want immediately to shell out to their buddies and causes, is likely to be far more than any cuts they allow. In the end the balance sheet ends up with red. The NYT dutifully parrots the DNC talking points by then saying the following:
Amy Brundage, a White House spokeswoman, said: “Right now, the only thing preventing us from reaching a deal that averts the fiscal cliff and avoids a tax hike on 98 percent of Americans is the refusal of Congressional Republicans to ask the very wealthiest individuals to pay higher tax rates. The president has already signed into law over $1 trillion in spending cuts and we remain willing to do tough things to compromise, and it’s time for Republicans in Washington to join the chorus of other voices — from the business community to middle-class Americans across the country — who support a balanced approach that asks more from the wealthiest Americans.”
It’s the fault of those intransigent republicans! And both the democrats and the NYT love this, as the following paragraph ending the DNC propaganda bit shows:
Senate Democratic leaders left their meeting with Mr. Geithner ecstatic. If the Republicans want additional spending cuts in that down payment, the onus is on them to put them on the table, said Senator Harry Reid of Nevada, the Democratic leader.
And there you have it. While the LSM is doing gyrations to not have to point this out, it is obvious that all that the democrats want is higher taxes AND spending increases. That’s what the “stimulus” money is. And it won’t be a one time thing either. If the republicans want cuts, they have to propose them. That’s so we can then blame them for the cuts and score political points. If this sweetheart tax hiking deal doesn’t go through, the left plans to lay the blame at the foot of the republicans, regardless. Their choices and decisions are not about what is best for the country, but what is politically expedient for them. Period! They could care less how people are impacted. They smell blood and they think they are going to come out of this on top.
And have no doubt that now that the whole “Blame Boosh” thing has become stale that they are looking for new excuses to explain why their economy crushing policies have kept our economy in a coma. If they don’t get their tax & spending hikes, with zero cuts, plan to pass, they have an instant excuse for why the next 4 years are going to see an even gloomier economy. Get ready for the “Our awesome deal, sure to stop the seas from rising, while immediately eliminating the debt, dropping unemployment below 4%, and giving everyone an Obamaphone, was rebuffed by the evil republicans, to protect the rich of all reasons, and that is why the economy, which had been recovering and doing great, UNEXPECTEDLY went south” excuses.
The left thinks it can’t lose. That is why America and Americans are going to lose. In the mean time the useful idiots will keep pretending that this disgrace of a proposal is all a great deal, that the democrats care for the little people, that Obama is a genius, and that our problems are always caused by anyone but them.
At least some republicans realized how horrible this democrat proposal really is. At this point I am starting to believe that Krauthammer is right when he recommends republicans just walk away. They are going to be blamed anyway.