Category Archives: Fiscal Cliff

John Boehner, The Most Underrated Person In Washington?

Ross Douthat, writing for The New York Times seems to think so. As a matter of fact he does us one better, arguing that Boehner is an “American hero.” I don’t know about that, but as Douthat points out, Boehner has … Continue reading

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Fiscal Cliff Deal Raises Taxes On 77% of Americans

Amidst all the asinine fighting over top tax rates, a working class tax increase was included with virtually no debate. The payroll tax holiday, scheduled to expire, was not renewed, which raises taxes on 77% of Americans. This will increase … Continue reading

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Blame American Voters For The Fiscal Cliff Debacle

David Brooks’ latest column is spot on. He begins by showing how the nation’s debt burden has increased as our population has aged, and those aged voters, well, voted in more benefits for themselves. He then laments that the fiscal cliff … Continue reading

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What’s In the Fiscal Cliff Bill?

Rest assured, no matter what party your are, you’re going to think its pretty pathetic. Usually if both parties hate some of a bill, thats a good sign its a moderate piece of legislation; democracy at work. In this case, … Continue reading

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Why Not Cut the Pentagon?

Andrew Sullivan asks the question, “Why is the Pentagon off the table?” Its a valid question. There is no doubt that out military budget is out of control, just like healthcare. The following graph shows adjusted for inflation defense spending. We … Continue reading

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Republican Senator Lindsey Graham: “Obama Has Won”

Today on Fox News Sunday, Senator Lindsay Graham said that the chance of passing a fiscal cliff deal was, “exceedingly good,” and that it would be a political victory for President Obama. Huffington Post has the story: Republican Senator Lindsey … Continue reading

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Over The Fiscal Cliff: Big Business Will Turn Against Small Business

Time’s Scott Gerber predicts some of the fallout from going over the fiscal cliff: big business will turn against small business in order to survive. This Hobbesian business climate is not hard to imagine: Big businesses will need to hedge their … Continue reading

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