I truly hope not only that there is no “deal” but that even if there is one, Obama refuses to sign it. Why? Because the so-called “deals” aren’t really deals at all! They ALL start with a right of center set of basics and then move FURTHER to the right to “appease” the Neocons. Screw that! A compromise means one side sets out its goals, the other side sets out its goals and then you work to a middle ground. It does NOT mean you START by throwing a bunch of stuff from one side off the table and THEN finding a “compromise.” That’s what the “deals” have been and they suck! For instance:
Reduce SS & Medicare COLAs. What??? Those were PAID for already… by us in real dollars at the time the payments were deducted from our wages. We who have retired deserve to get back REAL today dollars.
Those earning $250k/year and more aren’t hurting. The crap about lower tax rates is a lie. In 1950, when the US had its highest ever growth in GDP, 13.40%,* the rate for taxable income not over $2k was 20% and it went up from there to 75% at $50k/yr, 89% for $100k and 91% for the excess over $200k AND there were fewer deductions/loopholes available.** Change the dollar figure to the 2013 equivalent of the 1950 dollars but KEEP the tax rates. Put THAT on the table and work from there, not the already emasculated rates in 2001.
Not enough journalists have pointed out that the really onerous results of the misnamed fiscal cliff (it should be called our Majestic Mountain because of the wonderful slashing of the unconscionably over-blown defense spending) can be rectified in the first session of the new Congress in January. The ill effects can be relieved by the Dems proposing measures to address each item ONE AT A TIME so when/if the Reps vote them down, THEY will be on record as voting against extending unemployment, reinstating a reasonable child care credit for working single moms, upping the minimum for the Alternative Tax to $1 million/year, extending the tax credit for middle-income parents with children in college, and upping the tax rates for higher incomes. Doing the “fixes” one by one will nail to the wall those who would vote against We the People.
The hell with any “package” deal.