Thread: Economics The Fiscal Cliff Approacheth
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Old 11-29-2012, 11:05 AM   #286
FishingRod FishingRod is offline
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Quote:
Originally Posted by Direckshun View Post
My prediction is that they will do something like that, FishingRod. Not based on anything I've read, I just believe these deals don't get done until the 11th hour, and the 11th hour is honestly late January/early February.

I do think we're looking at a genuine Obama ass-whooping here. Obama was in a far less advantageous position two years ago and still managed to score a 2-to-1 deal that extended the Bush tax cuts for a second stimulative package, a coup in every way but that it extended the top-end of the Bush tax cuts.

I expect this deal to be much, much larger and much, much better.
Not trying to be argumentative ( for a change) but better how and for whom. More Taxes less cuts? More Taxes More Cutes? Most people are all for raising the other guys taxes and cutting the other guys benefits but if the middle class ends up paying a good chunk more and the poor stop receiving the aid they have become accustomed to the towns people are going to grab their torches and pitchforks.
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